The role of alternative funding sources in achieving the sustainable development for companies and capitalization of the economic potential: A Romanian perspective in actual economy

Abstract:

For the economies in transition or who have just recently completed this stage, as is the case of the Romanian economy, promoting and attracting alternative funding sources may represent, better solutions for economic recovery. The whole process of bringing the available financial resources from the developed economies to feed the need of the financing and refinancing process for those economies in the most necessity for regenerating the creative chain of Gross value added. In these conditions, ensuring the sustainable development, in conditions of higher economic efficiency, requires, for many companies, to identify new and unused sources of funding as those analyzed in this paper. This study makes an analysis of alternative funding sources and about their impact, at the national and European level as well as the impact they have on economic adaptability for the economic agents to the new economic conditions imposed by the functional market.