Innovations and Evolution of scientific activities in Romania

Mihaela-Alina Bălan ()
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Mihaela-Alina Bălan: Bucharest University of Economic Studies, Romania

CACTUS - The Tourism Journal for Research, Education, Culture and Soul, 2015, vol. 11, issue 1

Abstract: The scientific activities represent currently the support of innovations, which in turn contribute to a competitive advantage and thus to economic growth. They help in the development of more efficient production processes and management methods, as well as in providing high quality products and services, thus having a significant contribution in economic growth and to increase the quality of life. The analysis of their evolution provides useful information regarding the importance of innovation in Romania. In this context, the aim of this paper is to highlight the extent to which the scientific activities were present in the national economy during 2008-2013 and this will be accomplished through relevant economic indicators, GDP and the employed population. In the last part of the study the previsions of both indicators for 2014-2016 period will be presented.

Keywords: innovation; quality of life; competitivity; development (search for similar items in EconPapers)
JEL-codes: O32 O38 O40 R11 (search for similar items in EconPapers)
Date: 2015
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