2021, no. 1


Downloads: 32
Views: 149

Ana CIRLAN, PhD Student, Academy of Economic Studies of Moldova

The article presents and analyses the entrepreneurial ecosystem in the Republic of Moldova, as a solution for an integrated approach to the problems of entrepreneurs. Entrepreneurial ecosystems represent a set of interdependent actors and coordinated factors so as to increase the productivity of SMEs. The paper includes: (I) investigating the literature on entrepreneurial ecosystems; (II) analysis of the role of public policies in creating and supporting entrepreneurial ecosystems; (III) finalizing the components of the entrepreneurial ecosystem in the Republic of Moldova and performing their evaluation through the prism of international rankings. The aim of this research is to elucidate the role of entrepreneurial policies with a holistic approach to the creation of the entrepreneurial ecosystem. The key challenge for the authorities is to identify the pillars that contribute to the development of an ecosystem. However, the existence of a large number of entrepreneurial support programs and projects does not necessarily lead to a qualitative increase in the number of enterprises. The results of the research showed that the authorities promote policies to support the business environment with a fragmented approach and an emphasis on increasing quantitative indicators. At the same time, the analysis of the components of the entrepreneurial ecosystem in the Republic of Moldova, through international rankings, indicates the deterioration of the business environment conditions. The research methodology is based on the analysis of policy documents on SME support and data provided by reports of international organizations (World Bank, World Economic Forum, Organization for Economic Cooperation and Development, etc.).

entrepreneurial ecosystem, public policies, international ranking, analysis.

How to Cite:  
CIRLAN, Ana. Entrepreneurial ecosystem in the Republic of Moldova: the role of government policy. In: Economy and Sociology. 2021, no. 1, June, pp.63-74. DOI: https://doi.org/10.36004/nier.es.2021.1-06

  1. Cohen, B. (2006). Sustainable valley entrepreneurial ecosystems. Business Strategy and the Environment, 15(1), 1–14. https://doi.org/10.1002/bse.428
  2. Dubini, P. (1989). The influence of motivations and environment on business start-ups: Some hints for public policies. Journal of Business Venturing, 4(1), 11–26. https://doi.org/10.1016/0883-9026(89)90031-1
  3. Dutta, S., Lanvin, B., Wunsch-Vincent, S., World Intellectual Property Organization, Insead, Cornell University, and SC Johnson College of Business. (2019). Global innovation index. Creating healthy lives—The future of medical innovation 2019 2019.
  4. Feld, B. (2012). Startup communities: Building an entrepreneurial ecosystem in your city. John Wiley and Sons, Inc.
  5. Feldman, M., Francis, J., and Bercovitz, J. (2005). Creating a Cluster While Building a Firm: Entrepreneurs and the Formation of Industrial Clusters. Regional Studies, 39(1), 129–141. https://doi.org/10.1080/0034340052000320888
  6. Feldman, M. P. (2014). The character of innovative places: Entrepreneurial strategy, economic development, and prosperity. Small Business Economics, 43(1), 9–20. https://doi.org/10.1007/s11187-014-9574-4
  7. Harper-Anderson, E. (2018). Intersections of Partnership and Leadership in Entrepreneurial Ecosystems: Comparing Three U.S. Regions. Economic Development Quarterly, 32(2), 119–134. https://doi.org/10.1177/0891242418763727
  8. Isenberg, D. (2011). Introducing the Entrepreneurship Ecosystem: Four Defining Characteristics. Forbes. https://www.forbes.com/sites/danisenberg/2011/05/25/introducing-the-entrepreneurship-ecosystem-four-defining-characteristics/
  9. Isenberg, D. J. (2010). How to Start an Entrepreneurial Revolution. Harvard Business Review, 12.
  10. Lichtenstein, G. A., and Lyons, T. S. (2001). The Entrepreneurial Development System: Transforming Business Talent and Community Economies. Economic Development Quarterly, 15(1), 3–20. https://doi.org/10.1177/089124240101500101
  12. Roundy, P. T. (2016). Start-up Community Narratives: The Discursive Construction of Entrepreneurial Ecosystems. The Journal of Entrepreneurship, 25(2), 232–248. https://doi.org/10.1177/0971355716650373
  13. Schwab, K. (2019). The Global Competitiveness Report 2019. 666.
  14. Stam, E. (2015). Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique. European Planning Studies, 23(9), 1759–1769. https://doi.org/10.1080/09654313.2015.1061484
  15. Theodoraki, C., and Messeghem, K. (2017). Exploring the entrepreneurial ecosystem in the field of entrepreneurial support: A multi-level approach. International Journal of Entrepreneurship and Small Business, 31(1), 47. https://doi.org/10.1504/IJESB.2017.083847
  16. World Bank Group (Ed.). (2020). Economy Profile of Central African Republic: Doing business 2020: comparing regulations in 190 economies. World Bank Group.