The fear of failure is the main hindrance for 85 percent of the Romanians who would like to gain some extra money from a private business, as entrepreneurs, while roughly a quarter (24 percent) are certain they have the necessary skills to commence a business, the Amway Report on entrepreneurship at global level in 2015, released on Wednesday, reads. According to "AGER: Amway's Global Entrepreneurship Report", 38 percent of the Romanians have declared they want to become entrepreneurs. Likewise, almost one half of the interviewed deem that entrepreneurship could bring them a second income source, while 40 percent say this status would make them independent to an employer. The main obstacles to entrepreneurship, according to the Romanian questioned are the fear of failure (85 percent), on a rough rise to the 60 percent of the answers given in 2014 and much above the 69 percent European average. In addition, only 19 percent of the respondents have vindicated that the Romanian society would be entrepreneur-friendly, in a mere decrease against 22 percent in 2014. AGER is a global research carried by Amway in partnership with the Technical University Munich's Strategy and Organization desk. The data collection in the field was coordinated by the "Gesellschaft fuer Konsumforschung (GfK) Nuremberg (TUM)" study. The target-group interviewed in May 26 - June 15, 2015 was represented by 1,084 women and men aged over 15. The research was carried through the individual interviews' method, in accordance with the Omnibus (PAPI-Technology) procedure, by the Gesellschaft fuer Konsumforschung (GfK) Nuremberg and Technical University Munich (TUM)
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
