SYNERGY OF RESEARCH, DEVELOPMENT AND INNOVATION ACTIVITIES, SUPPORT FOR SUSTAINABLE DEVELOPMENT
Madalina Albu ()
Additional contact information
Madalina Albu: Petroleum-Gas University of Ploiesti, Romania
Contemporary Economy Journal, 2019, vol. 4, issue 2, 141-147
Abstract:
The main role of research, development and innovation, RDI, is to improve people's living conditions through the sustainable development of organizations. To find solutions to environmental challenges, organizations need to implement new projects that create synergy between science and society by involving all stakeholders in the sustainable development of society in general. Research, development and innovation activities should be seen as an investment in the harmonious development of future agribusinesses. Capitalizing on all the strengths and opportunities offered by the current environment and the current level of society development must stimulate innovative solutions to develop an economy in harmony with nature. Competition between states is also manifested through fiscal or other facilities offered to local or foreign investors. Among other factors, the attractiveness of a country for investors is also given by the incentives they can get for RDI activities. To this end, Romania has to align with EU standards in order to overcome the limits and to contribute directly to the well-being of European society and citizens by allocating resources to finance significant RDI activities.
Keywords: sustainable development; innovation (search for similar items in EconPapers)
JEL-codes: O31 O32 Q01 (search for similar items in EconPapers)
Date: 2019
References: View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.revec.ro/papers/190218.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:4:y:2019:i:2:p:141-147
Access Statistics for this article
More articles in Contemporary Economy Journal from Constantin Brancoveanu University
Bibliographic data for series maintained by Cristina GANESCU ().