Businesses and women in Romania

• Author: Lupsa-Tataru D.A.
• Pages: 267-272

Bulletin of the Transilvania University of Bra şov

Series V: Economic Sciences • Vol. 10 (59) No. 2 - 2017

Businesses and women in Romania

Dana Adriana LUPȘA-TĂTARU1

Abstract: The paper presents the main findings regarding the role of women entrepreneurs

in economy in general and in Romania specifically, the influence of the family and friends’

financial and emotional support that help ed their business development. The main results

show that, even though women are considered one of the greatest powers of macro

environment development, their businesses are still small or medium sized, and the measures

to encourage their business development are still not enough, but their characteristics – such

as determination and perseverance – lead to sustainable businesses.

Key-words: women, entrepreneurs, Romania

1. Introduction

According to the European Commission (2013), even though throughout Europe the

number of women is higher than the number of men, female entrepreneurs represent

only a third of the self-employed.

There are some additional factors (such as reconciling business and family)

that make entrepreneurship a less attractive option for them than for men. The

European Commission is working with EU countries to overcome these aspects and

encourage more women to start their own companies.

EU also states that “women constitute 52% of the total European population

but only 34.4% of the EU self-employed and 30% of start-up entrepreneurs” and

also that “female creativity and entrepreneurial potential are an under-exploited

source of economic growth and jobs that should be further developed”.

The same opinion comes from the World Bank report (2011), which presents

the hypothesis that the more women are economically empowered, the greater

benefits the families and communities’ wellbeing will have.

Thus, it is obvious that women’s entrepreneurial activities do have a positive

impact and a significant influence on the development of local economy and macro

environment.

1 Transilvania University of Braşov, lupsad@unitbv.ro