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Research&Development&Innovation Sector in Romania. Management and Market Concentration

Author

Listed:
  • Silvius STANCIU

    (Dunărea de Jos University of Galati)

  • Cezar Ionut BICHESCU

    (Dunărea de Jos University of Galati)

Abstract

Research, development and innovation can represent the foundation of economic development and a way to increase economic competitiveness. The paper proposes an analysis of the national research system, highlighting the factors that lead to a reduced success rate of Romanian research. Information on system development has been collected from national and international statistical bases. The data were processed, statistically interpreted and represented graphically. The assessment of the degree of market concentration of the innovative companies in Romania was achieved through the Gini Struck and Herfindahl-Hirschman methods. The results of the study have led to a high concentration of the market. The development of private research is at an early stage in Romania, compared to Europe. Although strategic tools to promote research results have been proposed at national level, the low allocation of funds to the sector, a domestic fund dominated by foreign capital and inadequate legislation still lead to a lack of attractiveness of the sector and modest results.

Suggested Citation

  • Silvius STANCIU & Cezar Ionut BICHESCU, 2018. "Research&Development&Innovation Sector in Romania. Management and Market Concentration," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 19(3), pages 313-321, July.
    • Handle: RePEc:rom:rmcimn:v:19:y:2018:i:3:p:313-321
    DOI: 10.24818/RMCI.2018.3.313
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    References listed on IDEAS

    as
    1. Silvius Stanciu & Raluca Daniela Rizea & Anca Gabriela Ilie, 2015. "Study on the Competitiveness of the Romanian Meat Processing Industry," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(S9), pages 1331-1331, November.
    2. Silvius T. STANCIU, 2014. "The Romanian Food Sector Attractiveness For Foreign Investment," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 5, pages 603-610, November.
    3. Silvius Stanciu & Raluca Daniela Rizea & Anca Gabriela Ilie, 2015. "Study on the Competitiveness of the Romanian Meat Processing Industry," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(Special 9), pages 1331-1331, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    : R&D&I; Romania; management; analysis; concentration.;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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