RESEARCH FUNDING AFTER THE ECONOMIC CRISIS.COMPARATIVE STUDY

Mircea-Iosif Rus, Andreea Hegyi and Mircea-Ioan Pastrav
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Andreea Hegyi: INCD URBAN INCERC Suc. Cluj-Napoca
Mircea-Ioan Pastrav: INCD URBAN INCERC Suc. Cluj-Napoca

SEA - Practical Application of Science, 2014, issue 3, 518-524

Abstract: Global economic crisis has had, among other effects, the decline in real estate market.By default, this fact has led to a rebound in building material manufacturers activity.Consequently, they had to seek solutions to be able to stay on a market on a downward slope.One of these solutions was to allocate more importance of research to produce cheaper and better quality building materials which meet market demands.Such building materials should have superior proprieties relative to those previously produced and to meet the requirements resulting from the geographical,climatological and environmental areas where they are used.A comparative research funding of some important building materials from EU manufactures is presented. The impact of research investments on economical results is reviewed in conclusion of the study.

Keywords: Funding; Research; Economic eficiency; Economic crisis (search for similar items in EconPapers)
JEL-codes: F65 G15 G17 G32 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:3:p:518-524

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