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The Impact of Sustainability in Research-Development-Innovation Activity

Author

Listed:
  • Mircea-Iosif Rus

    (National Research-Development Institute in Construction, Urbanism and Sustainable Urban Territorial Development Cluj-Napoca Branch)

Abstract

In our scientific approach, we aimed to emphasize the significance of sustainability in the research-development-innovation (RDI) activity. This activity should align with other economic activities and prioritize the utilization of renewable resources whenever feasible. In cases where renewable resources are not available, the use of non-renewable resources should be extended over a longer timeframe, allowing for the identification and exploration of renewable alternatives. The transfer of scientific knowledge (TSK) was also addressed, which should lead to an implementation of the results of scientific research in the economy, and the ratification of this transfer can be done both through qualitative and quantitative measures, with a greater emphasis on qualitative measures. This transfer of knowledge must constantly adapt, especially when there are external factors, such as the COVID-19 pandemic and the war in Ukraine in recent years.

Suggested Citation

  • Mircea-Iosif Rus, 2023. "The Impact of Sustainability in Research-Development-Innovation Activity," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1053-1058, August.
    • Handle: RePEc:ovi:oviste:v:xxiii:y:2023:i:1:p:1053-1058
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    References listed on IDEAS

    as
    1. Cohen, Boyd & Winn, Monika I., 2007. "Market imperfections, opportunity and sustainable entrepreneurship," Journal of Business Venturing, Elsevier, vol. 22(1), pages 29-49, January.
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    More about this item

    Keywords

    RDI activity; sustainability; non-renewable resources; renewable resources; TSK;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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