Preparing and supporting entrepreneurs

Matjaz Vidmar, Alessandro Rosiello

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Entrepreneurs have been increasingly benefitting from the support of HEIs. The latter can help faculty in their ventures by providing them with information, specific training, funding, working space, etc. The entrepreneurial and innovative HEI can promote entrepreneurship in its ecosystem, thus promoting inclusive growth. In Romania, HEIs struggle to play this role. The number of start-ups and spin-offs is relatively low and concentrated in the capital region. National public authorities have designed strategies and set ambitious policy targets to support start-ups. Academic institutions have the potential to contribute to change the culture and build entrepreneurial mind-sets and capabilities through education, but regional imbalances remain a structural challenge. There is an acute lack of incubators and accelerators. In addition, Romanian academic entrepreneurs have reported significant difficulty in creating their business mainly due to complex and prohibitive national regulation and low market awareness. However, based on information collected in case studies, appears that the Romanian HE system can count on highly motivated, and skilled students and faculty, who should be better supported in their ventures. The chapter discusses these issues and presents in the end some policy recommendations.
Original languageEnglish
Title of host publicationSupporting Entrepreneurship and Innovation in Higher Education in Romania
Place of PublicationParis
PublisherEuropean Commission
Chapter4
Pages95-119
Number of pages25
Publication statusPublished - 2019

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