Publication: Scaling Up Romania: A Policymaker’s Toolkit
Date
2022
ISSN
Published
2022
Author(s)
Kapil, Natasha
Rogers, Juan Douglas
Haley, Christopher David
Ghita, Alexandru Florin
Lu, Zoe Cordelia
Arslan, Can
Abstract
This report is divided into two main
parts. Part One examines Romania’s Instruments for
Entrepreneurship and contains analysis conducted by the
World Bank team. It culminates with recommendations to
improve the functionality of the Romania’s policy
instruments. Part Two presents Policy Recommendation Notes
for consideration as operational elements accompanying
Romania’s National Startup Ecosystem Strategy. These could
easily serve policymakers preparing Romania’s future
science, technology, and innovation (STI) policy mix for the
upcoming EU financing perspective. Most of the policy
recommendations presented in this report overlap with the
Top 12 Interventions identified by the Romania
entrepreneurial ecosystem, revealing significant alignment
between the analytical findings and the demand for policy by
key ecosystem stakeholders. Please see Annex A. Top 12
Interventions Identified by the Romanian Entrepreneurial
Ecosystem for an overview of the Top 12 Interventions. At
the request of the North-East Regional Development Agency
(NE RDA), two additional Policy Recommendations are included
within, ‘Scale up through exports’ and ‘Implementing Startup
Visas’. The team recommends additional analysis to inform a
‘Transform Public Procurement’ recommendation that improves
domestic market access for startups.
This report is complemented by the separate report "Starting Up Romania: Entrepreneurship Ecosystem Diagnostic" which provides a comprehensive assessment of entrepreneurship and startup performance in Romania. See link below.
Citation
“Kapil, Natasha; Rogers, Juan Douglas; Haley, Christopher David; Ghita, Alexandru Florin; Lu, Zoe Cordelia; Arslan, Can. 2022. Scaling Up Romania : A Policymaker’s Toolkit. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/37582 License: CC BY 3.0 IGO.”