INNOVATIVE ENTERPRISES IN SERBIA AND ROMANIA

Lavinia Stan ()
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Lavinia Stan: Doctoral School of Economics, Faculty of Economic Sciences, University of Oradea, Oradea, Romania

Annals of Faculty of Economics, 2020, vol. 1, issue 2, 116-125

Abstract: The well-being of the population depends on the ability of innovative enterprises to adapt to the needs of people in perpetual change. Workers capable of innovation are becoming more and more sought after on the labor markets, being the pillars of the innovative ensemble in national enterprises. In this article we have made a comparative analysis of existing innovative enterprises in Serbia and Romania, during the years 2010-2016. The research is based on the observation and analysis of data provided by the statistical offices of both countries. The importance of this analysis is given by the establishment of the existing discrepancies and similarities between the innovative enterprises from Serbia and Romania, as well as the identification of the existing deficiencies within the development of these activities.The companies on the Romanian territory were in a continuous decreasing trend, highlighting the low investments made in the field of innovation, as well as a poor opening to foreign markets. At the opposite pole, Serbia, which despite not integrating into the European Union, shows an increasing trend of innovative enterprises. However, there are still areas for improvement, with the aim of synchronizing innovative enterprises in the two countries with enterprises in countries around the world, recognized for their innovative activities. The innovative centers in the two countries are located in the Beogradski region of Serbia and the Bucharest-Ilfov region of Romania.

Keywords: innovation; enterprises; Serbia; Romania (search for similar items in EconPapers)
JEL-codes: O14 O31 O32 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2020:i:2:p:116-125

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