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Should We Continue the Process of Researching for Business or Give it up Because of the Crises?

Savescu Dan (), Sima Mihaela-Georgia () and Bârsan Simona-Clara ()
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Savescu Dan: „Transilvania” University of Brasov, Faculty of Technological Engineering
Sima Mihaela-Georgia: Bucharest Chamber of Commerce and Industry
Bârsan Simona-Clara: Research Institute for Analytical Instrumentation of Cluj-Napoca

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 719-723

Abstract: Paper presents the permanent process of research for business, its compulsory steps, the role of innovation and business incubators, as supporting element for SME’s growth, especially in a crises period. Beside the facilities offered to SMEs, other benefits come from creating a business incubator, such as: developing innovative products, product design, prototyping, technological transfer and nevertheless, registration and exploitation of intellectual property rights, coming from the obtained products. All these contribute to the improvement of SMEs obtained results, reflecting into the national economy. In order to be even more practical, we chose an example of a functional business incubator, ITA Pro-Energ, and showed the facilities that it offers to its eleven incubated SMEs, as well as their improvement on market position

Keywords: Incubator; technological transfer; business; sustainable; energy (search for similar items in EconPapers)
JEL-codes: M O10 O32 (search for similar items in EconPapers)
Date: 2010
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