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Do The Regions Of Romania Have Potential For Service Innovation? The Case Of The Region Of Bucharest-Ilfov

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  • IOSIF ALINA-ELENA

    (THE FACULTY OF BUSINESS AND TOURISM – THE BUCHAREST UNIVERSITY OF ECONOMIC STUDIES, ROMANIA,)

Abstract

The paper is focused on conducting an assessment on one particular region of Romania, namely the region of Bucharest-Ilfov, in relation to service innovation. The paper starts with an introductory section that reveals the region’s position in terms of competitiveness and innovation within the European Union. Afterwards, a short snapshot on innovation and service innovation is included, followed by a SWOT analysis of the Region of Bucharest-Ilfov. Both the socio-economic performance of the region and the regional performance in service innovation are analyzed. The paper ends with the conclusion section that includes an overview on the main characteristics of the region from the perspective of service innovation. The region of Bucharest-Ilfov is showing its performance in service innovation through various indicators, particularly by the share of employees in service innovation intensive industries and knowledge intensive service that overcome the EU average. Particularly, the enterprises from the Bucharest-Ilfov region are mostly encountered into the services sector, but they are at their beginnings in terms of service innovation. Moreover, most of the innovation comes from SMEs that tend to offer both product and process innovation. Consequently, service innovation in the region of Bucharest-Ilfov is mainly expected to be driven by the SMEs, but taking into account that big companies have their contribution too.

Suggested Citation

  • Iosif Alina-Elena, 2015. "Do The Regions Of Romania Have Potential For Service Innovation? The Case Of The Region Of Bucharest-Ilfov," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 176-182, June.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:3:p:176-182
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    References listed on IDEAS

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    1. Rodica Pamfilie & Smaranda Giusca & Robert Bumbac, 2014. "Academic research – a catalyst for the innovation process within companies in Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(37), pages 759-759, August.
    2. Per Carlborg & Daniel Kindström & Christian Kowalkowski, 2014. "The evolution of service innovation research: a critical review and synthesis," The Service Industries Journal, Taylor & Francis Journals, vol. 34(5), pages 373-398, March.
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