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The Importance of Entrepreneurial Management in the Civil Construction Branch Cover

The Importance of Entrepreneurial Management in the Civil Construction Branch

Open Access
|Feb 2022

Abstract

Entrepreneurship can be defined as a complex process through which a series of resources are mobilized in order to exploit and capitalize on business opportunities and ideas, constituting one of the most important factors that bring a big contribution to the economic growth. The whole mechanism is set in motion by an entrepreneur, represented by individuals or groups, who by assuming in the decision making, innovation and creativity, aim to obtain the maximum profit with a minimum financial effort. The profile of the ideal entrepreneur, either an individual or an organization, is shaped by a series of qualities, including the ability to assume and lead, the capacity for intense effort over long periods, the speed of reactions and the speed of decisions, the efficient organization of work. The efficiency of the entrepreneur’s decisions and activity can be improved by applying an entrepreneurial management system, in order to identify and capitalize the business opportunities.

DOI: https://doi.org/10.2478/bipca-2021-0008 | Journal eISSN: 2068-4762 | Journal ISSN: 1224-3884
Language: English
Page range: 93 - 102
Submitted on: Dec 12, 2020
Accepted on: Feb 18, 2021
Published on: Feb 18, 2022
Published by: Gheorghe Asachi Technical University of Iasi
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2022 Radu Rusu, Andrei Bejuşcă, Ion Șerbănoiu, published by Gheorghe Asachi Technical University of Iasi
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.