CHALLENGES OF TRANSITIONING TOWARDS A CIRCULAR ECONOMY, IN THE CONTEXT OF NON-REFUNDABLE EUROPEAN FUNDS FINANCED ROMANIAN START-UPS
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Keywords

Non-Refundable European Funds
Linear Economy
Circular Economy
Start-Up
Systemic Thinking

How to Cite

MANEA, C., SEMENESCU, A., & VÎJIAC, I. (2021). CHALLENGES OF TRANSITIONING TOWARDS A CIRCULAR ECONOMY, IN THE CONTEXT OF NON-REFUNDABLE EUROPEAN FUNDS FINANCED ROMANIAN START-UPS. Review of Management and Economic Engineering, 20(1), 72–82. https://doi.org/10.71235/rmee.126

Abstract

The establishment and financing using 100% non-refundable funds of Romanian Startups has seen a considerable advance since 2014, only in 2019 were established and financed, through European Funds, with amounts of up to 40,000 Euros, over 9,600 start-ups. At the same time, European paths and policies aim at transitioning from the linear economy, which currently characterizes the operation process and development of start-ups, towards a circular economy. It is in this context that a scientific analysis is needed, regarding the current financing policies and programs for Romanian start-ups, mirroring the principles and proposals at European level for the transition to a circular economy.

https://doi.org/10.71235/rmee.126
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