摘要：The aim of the paper is to deepen the theoretical foundation on entrepreneurship and innovation, as well
as to develop practical recommendations on the development of entrepreneurship through innovations. We
aimed to identify and argue the role of innovation in entrepreneurship development, underlining the role of
innovation as a growth factor and as an element of businesses and SMEs development.
In the paper are presented comparative analyzes, findings, advantages and disadvantages of the ways of
development and financing of entrepreneurship in the European Union, which should be taken into account for
the future policies in this field starting from the regional levels and continuing at the country level. At European
Union level, many measures and policies have been adopted to support R&D and innovation, some of which
have already been implemented or are being prepared.
关键词：entrepreneurship; innovation; research and development; entrepreneurial business;
competitiveness; European Union
