The objective of this study involves identifying the influence of different perceptual attributes on the likelihood of engaging in early-stage entrepreneurial activities (TEA). The study correspondingly applies individual data based on the statistics gathered from Global Entrepreneurship Monitor (GEM) Adult Population Survey database for 18 European Countries in 2007 and 2014. We performed several logistic regression analyses in order to test the influence of some entrepreneurial attributes on the propensity to engage in TEA. We identified four perceptual determinants: Capability to identify opportunity; having the skills, knowledge and experience to start up a business; fear of failure; and knowing other entrepreneurs. We tested their effect along with some control variables and interaction effects. The results confirm the importance of these factors in explaining entrepreneurial activities across different economies.
The economic stability is the main goal of every country's administration, contributing to the decrease of uncertainty, creating an attractive business environment, attracting foreign direct investment and contributing to economic growth, which increases the standard of living, reduces income inequalities, represents a sustainable development for the country and puts an end to the migration process. Migration flows lower the demographic resources of the states going through this process and consequently they compromise the possibility for future generations to support a sustainable economic growth. Migration is a process with an aggressive and alarming manifestation in Romania and Bulgaria, raising the problem of the future capacity of these countries to ensure long-term economic and social sustainability and requiring an analysis framework from a scientific perspective. The current study proposes a comparative study to identify the important determinants of international migration in the EU28 and analyses the impact of remittances on economic growth/stability and income inequality in Romania and Bulgaria-Central and Eastern Europe countries-for the period between 1990 and 2015. The main contribution of the present study consists in emphasising the common determinants of the two countries regarding the migration process and at the same time providing solutions to improve government policies to contribute to the economic and social sustainability. The authors employed a multiple regression model and the correlation analysis, and tested 8 hypotheses for Romania and Bulgaria. The results indicated that the main determinants of the migration process in Romania and Bulgaria are the inflation rate, the income inequality and household consumption expenditure. Furthermore, the results indicated that there is not a direct relationship between the remittances received/capita and GDP/capita growth rate in Romania and Bulgaria. In addition, there is a direct relationship (negative and with average intensity) between the remittances received/capita and price inflation rate in Romania but not in Bulgaria. In the case of Romania and Bulgaria, the results indicate that there is a direct relationship with a similar intensity between the remittances received/capita and the unemployment rate, the household final consumption and income inequality.
This research examines the effect of pharmaceutical companies' (PCs') corporate reputation on drug prescribing intents. The aim is to determine the extent to which the PCs' corporate reputation influences general practitioners' (GPs') drug prescribing intents. This research is based on quantitative analysis using structural equation modelling (SEM) on data collected from a sample of 177 Romanian GPs. The PCs' corporate reputation contributes to build and maintain trust in their products, which in turn influences the GPs' prescribing intents. PCs need to acknowledge that corporate reputation is a multi-dimensional construct and should focus their efforts accordingly. Indeed, our study shows that GPs' favourable perception of the PCs' medical representatives (MRs) has a strong impact on their drug prescribing intents. An investment in corporate social responsibility (CSR) would, therefore, be conducive to increasing a PCs' corporate reputation capital. We constructed and tested a conceptual model to explain GPs' prescribing intents by highlighting the influential relationships between different non-pharmaceutical variables. Our conceptual model integrates marketing concepts, such as consumer behaviour, the drug prescribing intention of GPs, as well as specific public relations concepts, corporate reputation, and corporate social responsibility.
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