ACCESS TO BUSINESS DEVELOPMENT SERVICES IN THE REPUBLIC OF MOLDOVA: RESULTS OF ENTERPRISE SURVEY

Over the past decade, recurring economic crises have highlighted the vulnerability of local businesses and their low resilience to economic shocks. This fragility persists despite recent advancements in Moldova's business institutional framework and development policies. This paper examin...

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Bibliographic Details
Main Author: Victoria FALA
Format: Article
Language:English
Published: Academy of the Economic Studies of Moldova 2024-12-01
Series:Economica
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Online Access:https://irek.ase.md/xmlui/bitstream/handle/123456789/3826/ec_2024_nr4_p7-25.pdf?sequence=1&isAllowed=y
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Summary:Over the past decade, recurring economic crises have highlighted the vulnerability of local businesses and their low resilience to economic shocks. This fragility persists despite recent advancements in Moldova's business institutional framework and development policies. This paper examines the core institutional framework and support services available for business development in the Republic of Moldova. Based on the results of an enterprise survey, the study identifies key areas where support for entrepreneurs remains insufficient. The research findings highlight thate services related to crisis and insolvency management, innovation procurement and implementation, export promotion, personnel recruitment and assessment are least accessible for enterprises. The results of the research provide a foundation for recommendations aimed at refining public policies to enhance Moldova's business ecosystem and increasing resilience of local enterprises.
ISSN:1810-9136