A More Competitive Romania by Rising Performance and Economic Growth

Asalos Nicoleta () and Bujduveanu Aurica
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Asalos Nicoleta: Faculty of Economic Sciences, “Ovidius”University of Constanta
Bujduveanu Aurica: Faculty of Economic Sciences, “Ovidius”University of Constanta

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 2, 337-341

Abstract: The increase of competitiveness must not be regarded as a process of exploiting the advantages on a short term but as a process of creating an economic structure based on capital investments and researchdevelopment –innovation processes. The governments in transition economies can play an important role in active facilitation of cluster development processes and supporting entrepreneurial initiatives. The challenge today for the governments is not to create more clusters but rather to create better and more sustainable ones or to create competitiveness clusters/competitiveness poles. The paper proposes to present a brief image about Romanian competitiveness and the benefits of stimulating clusters/competitiveness clusters for increasing economic growth. The stimulation of the dynamism and internationalization of the entrepreneurial basis represents a key means of developing a prosperous economy and answering the challenges and opportunities of a globalized market.

Keywords: competitiveness; performance; growth (search for similar items in EconPapers)
JEL-codes: M21 O16 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:2:p:337-341

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