Sustainable socio-economic development can be looked upon from multiple perspectives, but no longer without considering the roles of urban planning, smart cities and eco-innovative entrepreneurial initiatives. In the context of the COVID-19 crisis, ensuring sustainable socio-economic development is definitely challenging, but not impossible if adopting appropriate measures. This research aimed at analyzing the multidimensional facets of entrepreneurial resilience during times of crisis caused by the COVID-19 pandemic in Romania, while focusing on the effects experienced in the wealthiest areas, specific to urban agglomerations. The research method consisted of constructing a composite indicator comprising appropriate components for assessing the level of wealth and “happiness” of all the Romanian counties. Through the lens of this composite indicator, entrepreneurial resilience was approached in multiple manners according to its diverse forms. Research findings highlight that entrepreneurial resilience tends to be stronger qualitatively and quantitatively in less developed areas than in those that are well developed, mainly due to the lack of entrepreneurial initiatives. Despite being less entrepreneurially resilient, qualitatively, the wealthiest Romanian counties can economically reinvent themselves quicker.
Based on recent findings of the economic literature on the implications of entrepreneurial innovation for recycling municipal waste, this paper aims to examine the main factors of recycling municipal waste at the European Union (EU) level. In this study, the authors developed a linear regression model to analyze the relationship between business expenditure on research and development (R&D), private investments, gross domestic product (GDP) expenditures on R&D, resource productivity, and environmental taxes on the recycling rate of municipal waste (RRMW). In our analyses, we used data from the Statistical Office of the European Union (EUROSTAT) and five statistical hypotheses were validated through a multiple regression model with panel data using the statistical software EViews 11. The study was conducted in 27 European Union countries between 2010 and 2017. Our results indicate that business expenditure on R&D, private investments, GDP expenditures on R&D, and resource productivity have a direct and significant impact on the RRMW, while environmental taxes have a significant and inverse impact on the RRMW. These findings underline that public policies should be focused on increasing the use of private and public investments on R&D for recycling municipal waste.
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