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Aspects of Innovation and Technology Transfer in Romania

Author

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  • Stanciu Silvius

    („Dunarea de Jos” University of Galați, Romania)

Abstract

Technological information, knowledge transfer, research and innovation are factors of success in the contemporary economy. Romania is on the last place in Europe in terms of innovation, and the Romanian regions occupy the last positions the picture of the European innovation at the regional level. The paper presents a presentation of the situation of the innovation in Romania, with aspects concerning the need for innovation of SMEs. Domestic companies need innovation to cope with the European and international competition. The collaboration with the university/research institutes and the patent/license acquisition have a low share, showing the lack of technology transfer and of certain partnerships between the business environment and the research area.

Suggested Citation

  • Stanciu Silvius, 2018. "Aspects of Innovation and Technology Transfer in Romania," Valahian Journal of Economic Studies, Sciendo, vol. 9(2), pages 95-108, November.
    • Handle: RePEc:vrs:vaecst:v:9:y:2018:i:2:p:95-108:n:9
    DOI: 10.2478/vjes-2018-0021
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    References listed on IDEAS

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    2. Elena Otilia Cadar & Daniel Badulescu, 2017. "Innovation And Performance. An Analysis On European And Romanian Companies," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 59-71, July.
    3. Sandu Steliana & Irina Anghel, 2012. "New Challenges For R&D And Innovation In Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(14), pages 1-28.
    4. Paul Geroski & Steve Machin & John Van Reenen, 1993. "The Profitability of Innovating Firms," RAND Journal of Economics, The RAND Corporation, vol. 24(2), pages 198-211, Summer.
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