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This paper aims at identifying the entrepreneurial opportunities for establishing innovative startups during and post COVID-19 crisis. To reach this goal, we conducted an exploratory study based on semi-structured interviews with 168 students who intend to involve themselves in entrepreneurship in their future career. The research started from the debates in literature regarding the huge negative impact of the COVID-19 crisis on economic development, which can jeopardize the achievement of United Nations Sustainable Development Goals. The research findings confirm the results of other studies regarding the vulnerability of startups during crises, the reason why they have to refocus on innovative businesses, especially based on information and communication technology (ICT). Such businesses are considered incentives of sustainable development. Other ideas highlighted the importance of social entrepreneurship for the management of startups. It means that startups should develop strong relationships with employees but also with other stakeholders, like companies in the same industry, the public sector, academia, and citizens. In addition, changing the business culture aiming at developing green business could be an inexpensive solution for developing a sustainable entrepreneurial ecosystem. These empirical results have implications for both business and the academic environment, which should cooperate in order to overcome the crisis. Such an approach could be used in the long run in order to manage other crises and to develop sustainable business.
Oana Bărbulescu; Alina Tecău; Daniel Munteanu; Cristinel Constantin. Innovation of Startups, the Key to Unlocking Post-Crisis Sustainable Growth in Romanian Entrepreneurial Ecosystem. Sustainability 2021, 13, 671 .
AMA StyleOana Bărbulescu, Alina Tecău, Daniel Munteanu, Cristinel Constantin. Innovation of Startups, the Key to Unlocking Post-Crisis Sustainable Growth in Romanian Entrepreneurial Ecosystem. Sustainability. 2021; 13 (2):671.
Chicago/Turabian StyleOana Bărbulescu; Alina Tecău; Daniel Munteanu; Cristinel Constantin. 2021. "Innovation of Startups, the Key to Unlocking Post-Crisis Sustainable Growth in Romanian Entrepreneurial Ecosystem." Sustainability 13, no. 2: 671.
The aims of this study are to identify large companies’ role in stimulating local entrepreneurship, and higher education institutions’ contribution of fostering entrepreneurial activity in order to achieve an innovative ecosystem and turning Brasov into a startup city. To address the research questions, exploratory research was conducted among 18 representatives of companies and public institutions active in Brasov city, Romania. The findings confirm that large companies engage startups by collaborative models being also available to outsource a series of activities to entrust the startups with. These collaborations bring many opportunities to startups to scale up faster by using large companies’ resources and the routes to the markets on which they operate. Furthermore, this research reveals the need for a better synergy between education, research, and practice and, consequently, an improvement of the academic curriculum. It also exemplifies the need for joined theory and practice to influence policymakers in developing policies to create a sustainable entrepreneurial ecosystem. The empirical results have implications for both the entrepreneurship literature and entrepreneurship policies.
Oana Bărbulescu; Cristinel Petrişor Constantin. Sustainable Growth Approaches: Quadruple Helix Approach for Turning Brașov into a Startup City. Sustainability 2019, 11, 6154 .
AMA StyleOana Bărbulescu, Cristinel Petrişor Constantin. Sustainable Growth Approaches: Quadruple Helix Approach for Turning Brașov into a Startup City. Sustainability. 2019; 11 (21):6154.
Chicago/Turabian StyleOana Bărbulescu; Cristinel Petrişor Constantin. 2019. "Sustainable Growth Approaches: Quadruple Helix Approach for Turning Brașov into a Startup City." Sustainability 11, no. 21: 6154.
The present study aims to analyse the impact of collaborative networks on a firm’s international presence in contexts of emerging clusters in transition economies. The empirical study conducted here focuses on a sample of 42 firms belonging to the Muntenia-Oltenia wine cluster in Romania. Social network analysis techniques and non-parametric tests were applied to address the research questions. Findings reveal that companies’ external resources, mainly their relationships with other firms and institutions in the cluster, are essential aspects in promoting their access to international markets. Furthermore, with regard to the relationships between cluster companies and institutions, our results suggest that trade support institutions are relevant in supporting these internationalisation actions, while technical support institutions do not influence the international presence of cluster firms. These findings provide relevant insights for companies, institutions, and policymakers on the best way to promote cluster firms’ international participation.
José-Vicente Tomás-Miquel; Gabriel Brătucu; Manuel Expósito-Langa; Oana Bărbulescu. The Relevance of Collaborative Networks in Emerging Clusters. The Case of Muntenia-Oltenia Regions in Romania. Sustainability 2018, 10, 2416 .
AMA StyleJosé-Vicente Tomás-Miquel, Gabriel Brătucu, Manuel Expósito-Langa, Oana Bărbulescu. The Relevance of Collaborative Networks in Emerging Clusters. The Case of Muntenia-Oltenia Regions in Romania. Sustainability. 2018; 10 (7):2416.
Chicago/Turabian StyleJosé-Vicente Tomás-Miquel; Gabriel Brătucu; Manuel Expósito-Langa; Oana Bărbulescu. 2018. "The Relevance of Collaborative Networks in Emerging Clusters. The Case of Muntenia-Oltenia Regions in Romania." Sustainability 10, no. 7: 2416.