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Steliana Sandu

Romanian Journal of Economics, 2006, vol. 23, issue 2(32), 13-28

Abstract: The science and technology are essential to attain the millennium objective of both the developed countries, that are close to the technological frontier, and the developing countries, that must catch up with the former ones. The sustainable economic growth implies more than the mere opening towards the technology importation or foreign financial support for the R&D, i.e., a consistent and steady technological effort made by the local companies, suported by the Government and a stable and coherent legal framework.

Keywords: R&D globalization; R&D investment; FDI absorbtion (search for similar items in EconPapers)
JEL-codes: F02 F21 F23 O31 O33 O38 (search for similar items in EconPapers)
Date: 2006
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Handle: RePEc:ine:journl:tome:23:y:2006(xvi):i:2(32):p:13-28