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Knowledge and Innovation as Key Engines for a Long run Sustainable Development

Marta Christina Suciu and Alexandru Ghiţiu-Bratescu
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Marta Christina Suciu: Bucharest Academy of Economic Studies
Alexandru Ghiţiu-Bratescu: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 870-876

Abstract: This paper wants to reveal the importance of Sustainable Development as a new concept and also the value of sustainable development indicators (SDI). The team’s preoccupation was knowledge and innovation as concepts and valuation and also some possible contributions that make clear this concept and how organizations must act. The main aim of this paper is to present a clear image on knowledge and innovation as drivers for sustainable development in our country (Romania) and to offer suggestions for achieving economic and social development through them. Competitiveness and innovation improvements ensure sustainability on the long term.

Keywords: knowledge; innovation; sutainable development; competitive advantage, long-run. (search for similar items in EconPapers)
Date: 2011
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