Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 24 ISSUE 3
Written by Alexandra NOVAC

Human capital is a vital element of the entrepreneurial ecosystem, playing a significant role in promoting economic growth and innovation. This study aims to investigate the distinctive features of human capital as a component of the entrepreneurial ecosystem, with a focus on urban and rural locations in the Republic of Moldova. Additionally, it aims to identify the challenges entrepreneurs encounter when accessing human capital. The assessment of human capital within the business ecosystem was based on primary data collected from surveys of 204 entrepreneurs in the Republic of Moldova between June and October 2022. The analysis was supplemented with secondary data sourced from the National Bureau of Statistics. The study's results indicate major obstacles in terms of human capital. These include a declining workforce, outward migration and a scarcity of highly-skilled employees, particularly in rural areas. Entrepreneurs in urban and rural regions of the Republic of Moldova expressed concerns about the availability of highly qualified specialists, the competence of graduates from educational institutions and the influence of migration on both the labor market and the business landscape.Disparities exist in the assessment of the competence of graduates from educational institutions, with urban entrepreneurs tending to be more pessimistic. On the other side, rural entrepreneurs place a greater emphasis on the impact of migration and emigration.

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