Sustainable European Mountain Entrepreneurship Through Statistical, Neural Network, And Fractal Analyzes

10 Pages Posted: 16 Oct 2025

See all articles by Brindusa Covaci

Brindusa Covaci

Center for Mountain Economy „CE-MONT”; Hyperion University; CBM International University

Mihai Covaci

Hyperion University; CBM International University

Date Written: December 12, 2024

Abstract

The article examines key aspects of European mountain entrepreneurship, focusing on the economic sectors of Industry (secondary sector) and Services (tertiary sector). The purpose of the analysis is to provide an accurate overview of supporting entrepreneurial sectors in mountain regions, including commerce, the automotive industry, transport, storage, finance, and real estate. These sectors constitute a significant portion of mountain entrepreneurship, accounting for over a third of all mountain-based economic organizations, with the number of enterprises in these sectors steadily increasing. Across EU countries, the entropy level of mountain entrepreneurship in these supporting sectors indicates a need for additional structuring to achieve greater coherence at the community level. Fractal simulations offer imaginative insights into the current organizational state of European mountain entrepreneurship. Additionally, neural network representations, through observed patterns, highlight some weak links within supporting sectors when compared to the entire secondary and tertiary sectors, with stronger connections identified between these two sectors. Based on the findings, the authors propose solutions to enhance interconnectivity among European countries by strengthening specific supporting sectors.

Keywords: Mountain Entrepreneurship, Entrepreneurial Modeling, Supporting Entrepreneurial Sectors, Economic Sectors, Entrepreneurial Network Patterns

Suggested Citation

Covaci, Brindusa and Covaci, Mihai, Sustainable European Mountain Entrepreneurship Through Statistical, Neural Network, And Fractal Analyzes (December 12, 2024). Available at SSRN: https://ssrn.com/abstract=5517618 or http://dx.doi.org/10.2139/ssrn.5517618

Brindusa Covaci

Center for Mountain Economy „CE-MONT” ( email )

Hyperion University ( email )

CBM International University ( email )

Mihai Covaci (Contact Author)

Hyperion University ( email )

Calea Călăraşilor 169, Sector 3
Bucharest, Bucharest 030615
Romania

CBM International University ( email )

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
18
Abstract Views
72
PlumX Metrics