%0 Journal Article
%T A Study of Eastern Europe¡¯s Innovation Revolution: Spotlight on Romania and UiPath¡¯s Unicorn Journey
%A Vlad Suteu
%J Open Journal of Applied Sciences
%P 1363-1369
%@ 2165-3925
%D 2023
%I Scientific Research Publishing
%R 10.4236/ojapps.2023.138108
%X Romania¡¯s innovation revolution has led to a thriving startup ecosystem,
with UiPath¡¯s unicorn journey as a standout success. The country¡¯s focus on
software development has positioned it as a leading destination for
outsourcing, driving economic growth, and creating job opportunities.
Accelerator programs and funding initiatives have further fueled the startup
ecosystem¡¯s growth, providing support and resources for aspiring entrepreneurs.
With a skilled workforce, favorable cost-to-quality ratio, and geographic
advantages, Romania has become a hub for innovation and technology. The
software development sector¡¯s impact on the national economy is evident,
contributing to GDP growth, export revenues, and attracting foreign direct
investment.
%K Innovation
%K Startups
%K Romania
%K UiPath
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=127308