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Innovation €“ The Cornerstone Of Economic Succes At Regional And International Level

Author

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  • Anca Maria Hristea

    (Bucarest Academy of Economic Studies)

Abstract

In a world that is in a permanent change, in which the interdependencies between the states are more and more obvious and the rivalry and the inequalities between the nations deepen, one of the main objectives of the actual era wishes to be the growth of the competitively and innovation degree at a microeconomic level and at a regional and international level. The innovation process means the conversion of new knowledge into economic and social benefits, as a result of some complex interactions between numerous actors in a system that is formed of an environement (local, regional and national) that has productive firms, research institutes, and networks through which all these come into contact.

Suggested Citation

  • Anca Maria Hristea, 2009. "Innovation €“ The Cornerstone Of Economic Succes At Regional And International Level," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(05(534)(s), pages 182-187, May.
    • Handle: RePEc:agr:journl:v:05(534)(supplement):y:2009:i:05(534)(supplement):p:182-187
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