The role of markets in the entrepreneurial ecosystem and their assessment in the Republic of Moldova
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Date
2023
Authors
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Journal ISSN
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Publisher
Balkan Institute of Science and Innovation – BISI, Université Côte d’Azur, France
Abstract
The availability of accessible markets contributes to increased sales and profit growth, stimulates competition, promotes innovation, and encourages economic integration. Some researchers even argue that the purpose of entrepreneurial ecosystems is to create and operate markets for entrepreneurship development. The article has two main objectives: (i) to define the role of markets as a component of the entrepreneurial ecosystem based on an analysis of various models of the entrepreneurial ecosystem’s structure; (ii) to assess some indicators, characterizing market as an ecosystem’s component in the Republic of Moldova. A survey of entrepreneurs carried out in 2022 in 25 regions of the Republic of Moldova, showed a relatively high level of competition and demand in the domestic market. However, the practice of cooperation with other enterprises is still not sufficiently developed. The majority of entrepreneurs assessed the market access factor negatively, especially since access to both the CIS and the EU markets is particularly difficult at present.
Description
Text: lb. engl. Abstrac: lb. engl. Referinţe bibliografice: pp. 23-24 (17 titl.). JEL Classification: L10, L26, M21, C83.
Keywords
markets, entrepreneurial ecosystem, survey assessment, Republic of Moldova
Citation
VINOGRADOVA, Natalia. The role of markets in the entrepreneurial ecosystem and their assessment in the Republic of Moldova. In: Balkan Economic Review. 2023, vol. 6, pp. 13-24. ISSN: 2726-5498.