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The Dynamics Of R&D Activities In Romania Within The European Context

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  • VICTOR LAVRIC

Abstract

This study examines the evolution of R&D activities in Romania through a complex structural analisys. By linking the R&D intensity and the level of economic development, we came with a new clasification of states in the EU, thus generating a framework for a pragmatic analisys of the Romania’s situation in the European contex. Also, we studied the dynamics of the R&D activities in Romania over the 2005-2010 period in a comprehensive structural approach (types of research, sectors of performance, funding), focusing on the way this tendancies are helping Romania’s real convergence to the EU average. In our attempt to tackle the root causes of the deficiences we have identified, the analisys went forward, approaching the isues of cooperation and colaboration of SMEs in performing R&D activities. In order to catch up, Romania has to invest masively in R&D, because, as the new economy emerges – the knowledge-based economy – the sources and resources for future developments will fundamentaly rely on the capacity of organisations, and the society as a whole, to generate knowledge with economic value. Our results ephasize that the economic development and wealth creation are positively correlated with the amount of gross R&D expenses, thus underlineing that in order to stimulate the overall R&D activities, the prior actions must adress the private sectors. Also, the governmental intentives should target the needs and characteristics of SMEs.

Suggested Citation

  • Victor Lavric, 2012. "The Dynamics Of R&D Activities In Romania Within The European Context," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 648-654, November.
    • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:648-654
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    References listed on IDEAS

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    5. Aerts, Kris & Schmidt, Tobias, 2008. "Two for the price of one?: Additionality effects of R&D subsidies: A comparison between Flanders and Germany," Research Policy, Elsevier, vol. 37(5), pages 806-822, June.
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    Cited by:

    1. Popa Ion & Lavric Victor, 2013. "Highly Important Objectives For Innovation In Romania Within The European Context," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 1588-1594, July.
    2. Victor LAVRIC, 2015. "Specific mechanisms for stimulating R&D investments within the EU," International Journal of Business and Management, International Institute of Social and Economic Sciences, vol. 3(4), pages 61-76, November.
    3. Victor LAVRIC, 2014. "ROMANIA’S R&D AND INNOVATION POTENTIAL AT EU LEVEL AND THE MANAGERIAL IMPLICATIONS FOR SMEs," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(1), pages 718-726, November.
    4. Victor LAVRIC, 2013. "The Dynamics Of R&D Human Resources In Romania Within The European Context," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 259-267, November.
    5. POPA Ion & LAVRIC Victor, 2013. "Managerial Methods Stimulating New Ideas Or Creativity In Romania Wihin The European Context," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(6), pages 128-138.

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