Technology transfer – financing opportunities and limits in European Union

Laura Giurca Vasilescu, Maria Buse and Nicoleta Dracea
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Nicoleta Dracea: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2009, vol. 1, issue 10, 156-160

Abstract: Technology transfer is an important instrument for promoting the economic growth and new jobs creation. Despite a high potential, the exploitation level of the research results is quite low in Europe. There are numerous barriers (structural, economic and legal) which affect the spin-out initiatives at the European Union but the main cause is represented by the lack of the investment funds, especially in the early stages (pre-seed and seed) of business development. Moreover, these deficiencies were increased by the effects of the international financial crisis, felt by majority states in the last period.

Keywords: technology transfer; financing opportunities; jobs creation; international financial crisis (search for similar items in EconPapers)
JEL-codes: G01 G30 G32 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2009:i:10:p:156-160

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