Abstract

This paper aims to emphasize the opportunities that academic entrepreneurial ventures or “spin-offs” could offer in Romania. Different types of spin-offs and their benefits have been reviewed. The poor economical performance of the SMEs (Small and Medium Sized Enterprises) due to crisis and their innovational trends were analyzed. The governmental strategies focused on innovation for creating new enterprises and improving the business environment, with results so far, were presented. The conclusion that emerged was that the spin-offs are a viable solution that can contribute to our country’s prosperity and its academic institution.

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