Entrepreneurship and Arbitration. What Relationship?
Top 6 Contributions on Business & Management: 2nd Edition, 2019
18 Pages Posted: 30 Jan 2019
Date Written: October 22, 2018
The role of entrepreneurship to promote the economic development of countries has been recognized in recent decades, mainly because of the transformations that countries have experienced the level of their economic, political, social and cultural environment.
This article has as objective to approach the theme “Entrepreneurship and Arbitration” and does reference to relationship between entrepreneurship and arbitration in slope of law and economics.
I concluded that the existence of business opportunities and the development of economic activity through entrepreneurship are key to the relationship between entrepreneurship and arbitration (in law and economics).
The existence of business opportunities originates arbitration through entrepreneurship.
The economic development activity resulted of entrepreneurial activity lead to arbitration due to necessity of conflict resolution. The option to solve the conflict in this way it will always be dependent on the willingness of the parties involved (companies/ entrepreneurs and other economic agents).
Keywords: Entrepreneurship, Arbitration, Arbitration in Law, Arbitration in Economics
JEL Classification: A23, K00, K19, K39, K49, M13, M19, M21
Suggested Citation: Suggested Citation