Nowadays it becomes obvious that entrepreneurship and economic performance are closely linked.  …

made by the computers. The reason is the new managers’ capacity of using their intelligence and innovation beyond the … mechanical thinking or that of electronic systems. The entrepreneurship system of the Small and Medium Enterprises (SME) is … characterized by its changing. The entrepreneurs have to look for the innovations and introduce them on the market. The innovation …

prove scientifically the relation transaction costs – institutions. …

The paper presents some of the most important peculiarities of the entrepreneurship in Romania in the context of the …

organization culture is very often discussed in relation to innovation. The common conception is that an entrepreneurship culture … has a strong effect on innovation. <br>A organization culture that creates value supposes respect for people and services …

institutions that define any economic system. Within society, people are perceptive to a system of general rules that provides … incentives and constraints for human behavior. Institutions' and human action's mutuality, and also its economic and political … implications, explain the essential importance of institutions in economic science and the institutional approach viability. …

The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people … economies and societies. The framework inspired by institutions to which people dedicated maximum energy and talent also …

institutions­­­ …