The PSF support to Romania was aimed at assessing the country's entrepreneurship ecosystem and providing a set of concrete recommendations on how to implement reforms to stimulate innovative entrepreneurship and create an environment conducive for the growth of technological start-ups.
Developing a robust ecosystem that nurtures Romanian innovation and entrepreneurship is key to scaling up Romania’s growing technology start-up scene. This article summarises the work and key recommendations of the Specific Support to Romania carried out under the Horizon 2020 Policy Support Facility (PSF).
The Horizon 2020 Policy Support Facility (PSF) has been set up by the Directorate-General for Research and Innovation (DG RTD) of the European Commission under the EU Framework Programme for Research and Innovation ‘Horizon 2020’. It supports Member States and countries associated to Horizon 2020 in reforming their national science, technology and innovation systems. This is the final report of the PSF panel of experts under the PSF Specific Support for Romania, which has been carried out from July 2016 to December 2017. The report provides an overview of the key challenges and opportunities of the Romanian entrepreneurial ecosystem and outlines key policy recommendations for improving the performance of startups, scaleups and the entrepreneurship ecosystem in Romania.
The Horizon 2020 Policy Support Facility (PSF) has been set up by the Directorate-General for Research & Innovation (DG RTD) of the European Commission under the EU Framework Programme for Research & Innovation ‘Horizon 2020’. It supports Member States and countries associated to Horizon 2020 in reforming their national science, technology and innovation systems. The report summarises evidence on the situation of the entrepreneurship ecosystem in Romania and provides a background for the PSF Specific Support to Romania’s panel of experts.
The panel of experts met the Romanian representatives and discussed the main results they expect to receive from the exercise. During the meeting, the timing for the first country visit was decided and a draft proposal for the agenda of this visit was discussed.
During the first country visit the panel of experts had in-depth discussions with stakeholders from the business sector and representatives of the Romanian administration involved in the entrepreneurship ecosystem.
The second country visit provided the panel of experts with more focused information on some of the bottlenecks identified in the entrepreneurship ecosystem during the previous visit.
The dissemination event presented the final report, ‘Start-ups, Scale-ups and Entrepreneurship in Romania’, highlighting the recommendations drawn up by the panel of international experts. The Romanian stakeholders were able to discuss further the results presented by the chair of the panel, Mr Paulo Andrez, during the follow-up roundtable.