Romanian entrepreneurship continues to be vulnerable to economic cycles and has difficulties in integrating into economy. In 2015, Romanian companies’ turnover was 11% higher than the turnover of foreign companies, although they represented just 6,3% of the total number of Romanian firms and employed 38,3% of the workforce. Romanian entrepreneurs have difficulties in the field of innovation, as well. For instance, the number of firms in high-tech sectors is twice lower than the number of similar firms in Hungary (2014 data). Similarly, if we look at one of the most innovative entrepreneurial sectors in Romania, IT&C, we can see that in 2015 the turnover of the firms in the field represented 61.29% of the turnover of similar firms in Hungary and just 33.27% of Polish firms. Moreover, the value of the turnover was similar to that of the period 2008-2015 (an increase of just 11.5% in 2015, compared to 2008).

On the other side, with the increase of industrialization, the economy specializes in high added value products. In Romania, added value in industry has been slightly, but constantly decreasing: in 2015 it dropped to 24.4% of GDP, compared to the European mean, of 34.9%. Romanian industry is still dominated by food and beverage (22%), followed by vehicles (17%) and metallic products (10%), which reveals the fact that Romania remains a processing, rather than manufacturing economy, with characteristic development problems.