EFFECTS OF THE RESEARCH PROJECTS ON THE PUBLIC BUDGET

Maria-Mihaela Su?r??an () and Stelian Brad ()
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Maria-Mihaela Su?r??an: Technical University of Cluj-Napoca, Romania
Stelian Brad: Technical University of Cluj-Napoca, Romania

Review of General Management, 2013, vol. 18, issue 2, 68-77

Abstract: The efficient financing of the research projects isa main objective for all countries. It is essential toseeksupport for those projects that provide useful results to the society or results that support progress or which are constructive for the society. Many of the currently funded research projects have difficulties in transferring their results in practice. The research projects must have direct or at least indirect applicable results in order to justify their funding. The evaluation of a research project starts in the moment of its submission then the project continues through out its implementation. To completethe evaluation process it is essential to assess the find results. This paper presents a synthetic analysis of the role that research projects can have on the public budget or how much a part of the budget provided for a research grant returns to public budget with the positive effects on the public deficit.

Keywords: research project; deficit reduction; efficiency (search for similar items in EconPapers)
JEL-codes: G32 O22 O32 (search for similar items in EconPapers)
Date: 2013
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