IDEAS home Printed from https://ideas.repec.org/a/rom/rmcimn/v15y2014i5p626-634.html
   My bibliography  Save this article

Globalization: a Road to Innovation

Author

Listed:
  • Florentina IVANOV

    (The Bucharest University of Economic Studies, Romania)

Abstract

Innovations are precious for an economy and quite valuable for their owners, too. But these good-for-everybody things are a strange product of the economic activity, they are based on creativity, they tend to be unpredictable and risky, they come up where one would least expect and many times fail to respond to economic incentives. This article argues that there is a less expensive way to foster innovation, and that is to open the economic sector towards external influence. This article will test the following hypothesis: does an open economy have an increased innovation activity? In order to make a reasonable approximation of the level of openness and innovation, we used indicators like: the international mobility of the university students and teachers, the direct foreign investments and the percentage of population involved in R&D activities. More precisely, we tested if the level of globalisation of the Romanian macroeconomic regions had a significant impact over the R&D activity of the same regions.

Suggested Citation

  • Florentina IVANOV, 2014. "Globalization: a Road to Innovation," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(5), pages 626-634, December.
    • Handle: RePEc:rom:rmcimn:v:15:y:2014:i:5:p:626-634
    as

    Download full text from publisher

    File URL: https://rmci.ase.ro/no15vol5/10.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cristina COTOCEL & Bogdan GRIGORAª & Constantin FLOREA & Nicolae CONCIOIU & Adrian STAN, 2014. "Strategic Management of Sustainable Development of Romania in the European Context – Europe 2020," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(4), pages 431-439, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      knowledge transfer; transfer of competencies; R&D; mobility; globalisation.;
      All these keywords.

      JEL classification:

      • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:rmcimn:v:15:y:2014:i:5:p:626-634. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marian Nastase (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.