Open AccessStudies Regarding the Development of Academic Spin-Offs in Romania and Worldwide
Author(s) -
Andrei Borşa,
Sevastița Muste,
Andruta Elena Cerbu
Publication year - 2011
Publication title -
bulletin of university of agricultural sciences and veterinary medicine cluj-napoca. agriculture
Language(s) - English
Resource type - Journals
eISSN - 1843-5386
pISSN - 1843-5246
DOI - 10.15835/buasvmcn-agr:6551
Subject(s) - prosperity , spin offs , academic institution , business , institution , business environment , marketing , industrial organization , political science , economic growth , management , economics , business administration , law
This paper aims to emphasize the opportunities that academic entrepreneurial ventures or “spin-offs” could offer in Romania. Different types of spin-offs and their benefits have been reviewed. The poor economical performance of the SMEs (Small and Medium Sized Enterprises) due to crisis and their innovational trends were analyzed. The governmental strategies focused on innovation for creating new enterprises and improving the business environment, with results so far, were presented. The conclusion that emerged was that the spin-offs are a viable solution that can contribute to our country’s prosperity and its academic institution.