ENTREPRENEURSHIP IN ROMANIA - AN OVERVIEW

The technological chance and economic progress were always associated with innovation, innovative enterprise, and entrepreneurship. This paper aims at displaying the current situation of entrepreneurship in Romania. from the standpoint of entrepreneur's profile, his cultural background, and entrepreneurial education, Entrepreneurship in Romania is influenced by several background as well as impact factors: the Romanians' old cultural behaviour (part of Balkans half-century of imported communism, twofold complex transition, and current global economic impact factors. The research methodology includes both secondary and primary research. Besides several studies on Romanian proverbs, the results of two studies completed in Romania. based on Hofstede's model of cultural dimensions, are presented The changes in the Romanians' cultural dimensions might be explained not only by the time distance between the two studies, but mainly by the cultural changes induced by the complex transition, and combined effects of the changes in the Romanian educational System in more than 15 years (1989-2005). This landscape of the entrepreneurial activity, in Romania is centred on the profile of the Romanian entrepreneurs as offered by The Global Entrepreneurship Monitor. Among conclusions: the statistics on entrepreneurship are essential tools to develop business strategies and policies, and to manage the technological change.