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- Title
Entrepreneurship and its Relations.
- Authors
Dănălache, Florin; Ioanid, Alexandra; Dănălache, Paula Monica
- Abstract
Entrepreneurship is an increasingly important phenomenon in the world economy. Many reports show that job creation and economic growth is driven primarily by the creation and growth of young, new firms. However, such new firms are vulnerable; Europe and Romania have a low survival rate. Because of this issue, scholarly interest in the topic of new venture survival, or the ability of new ventures to successfully start and maintain their operations, has continued to grow. The relationship between technology innovation, HRM and entrepreneurship has been an active area of research. It is well-known technology and HR are closely linked for competitive advantage. The paper will present how a firm can respond to the competitive pressures through a process of entrepreneurial change. Firms must become more entrepreneurial in order to identify new opportunities for sustained superior performance. The main „ingredients" of corporate entrepreneurship (CE) are organizational learning, driven by collaboration, creativity and individual commitment. The results of the research showed that in the process of the innovation, human resource entrepreneurship plays a significant role in improving the effectiveness of management technology and in achieving organ - izational objectives.
- Subjects
ENTREPRENEURSHIP; INTERNATIONAL economic relations; BUSINESS enterprises; ECONOMIC competition; TECHNOLOGICAL innovations
- Publication
FAIMA Business & Management Journal, 2017, p14
- ISSN
2344-4088
- Publication type
Article