Instruments to Support the Quaternary Sector in the Romanian Context

Codru?a Ilinca Dr?goiu ()
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Codru?a Ilinca Dr?goiu: National Scientific Research Institute for Labor and Social Protection – INCSMPS

HOLISTICA Journal of Business and Public Administration, 2016, vol. 7, issue 3, 9-19

Abstract: The aim of this paper is to identify the link between industrial parks, clusters, incubators and those branches of activity generating/ potential generating growth and jobs in Romania. Through a theoretical approach of the issue and given the data available at national level, this undertaking was focused on the role of competitiveness in developing economic sectors based on smart specialisation, on the quaternary sector support instruments, as well as on the impact business incubators, clusters and industrial parks have on increasing employment by stimulating the emergence and development of SMEs. The tertiary sector is both condition and consequence of the technical progress and the link between services and material production is made by advanced technologies included in the quaternary sector. The government can support the development of this sector in particular by expanding the hard and soft infrastructure, educating and training skilled workforce, supporting research and development etc. Clusters, industrial parks and business incubators are the link between territorial and sectorial development and some branches of activity in the smart specialization field are advantaged. These branches are: bio-economy, information and communication technology, space and security, energy, environment and climate change, Eco-nano-technologies and advanced materials, and health. Clusters, industrial parks and business incubators can really make the difference when it comes to creating the necessary environment for a proper functioning of horizontal and vertical collaboration, leading to the emergence and development of industries generating progress.

Keywords: territorial and sectorial development; competitiveness; the quaternary sector; clusters; industrial parks and business incubators (search for similar items in EconPapers)
JEL-codes: C38 R58 R59 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:urn:urnste:v:7:y:2016:i:3:p:9-19

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