Labour market dynamics as time-lagged effect of entrepreneurship in the case of Central and Eastern European countries

In order to ensure the innovation-based competitiveness of the Central and Eastern European economies, in each one a more efficient exploitation of human capital is required, through the cultivation and by getting the outmost of the entrepreneurial spirit in conjunction with the active population's creative and innovative features, as it appears in the objective of New Lisbon and Europe 2020 strategies. Based on the entrepreneurial process research model, considering the economical development stage and competitiveness level of Romanian, Hungary, Latvia and Croatia, the paper aims to identify the short-, medium- and long-term effects of entrepreneurship upon the labour market, at the level of each selected country. (c) 2012 Published by Elsevier Ltd. Selection and/or peer review under responsibility of Emerging Markets Queries in Finance and Business local organization