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Measures to Stimulate the Activity of Research&Development in Romanian Enterprises

Author

Listed:
  • Pãcurari Doina

    (”Vasile Alecsandri” University of Bacau, Faculty of Economic Sciences)

  • Pravãþ Ionela-Cristina

    (”Vasile Alecsandri” University of Bacau, Faculty of Economic Sciences)

Abstract

An important objective for the national authorities of States Member of the European Union is to stimulate the activities of research and implementation of research results to increase economic competitiveness. Since joining the European Union, Romania started the National Plan for research-development and innovation NP II for 2007-2013 period. The purpose of the programs developed in this general plan was to stimulate public and private investments in research-development. Regarding the enterprises, these programs provide support in form of State aid. In addition, Romanian tax legislation, in line with the European legislation, provides fiscal incentives for companies engaged in research and development. To qualify for the State aid, enterprises must meet several conditions. Both State aid and fiscal cuts are calculated on the amount of eligible expenses. In this paper we present the conditions for granting and method of calculation for these two forms of supporting enterprises in our country.

Suggested Citation

  • Pãcurari Doina & Pravãþ Ionela-Cristina, 2011. "Measures to Stimulate the Activity of Research&Development in Romanian Enterprises," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1002-1006, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1002-1006
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    More about this item

    Keywords

    research activity; state aid; fiscal incentives.;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm

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