Competitiveness of Automotive Clusters in Romania

Scutaru Liliana ()
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Scutaru Liliana: „ªtefan cel Mare” University of Suceava Faculty of Economics and Public Administration

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 36-40

Abstract: The automotive industry is an important sector of the European economy, based on a complex system of innovation clusters that are found in every EU country. The study focuses on a detailed research regarding the automotive field in Romania in terms of growth, its place and role in the auto industry and the European economy. The research also aims to study the competitiveness of the automotive clusters in terms of indicators such as employment, exports turnover. The results revealed that only 0.47% of the employed population work in automotive clusters and sector exports are growing steadily, reaching in 2014 to 24% of country's total exports. The automotive industry is currently one of the most competitive in Romania and the Romanian economy engine.

Keywords: clusters; automotive; competitiveness; R&D; innovation (search for similar items in EconPapers)
JEL-codes: F10 O32 R38 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:36-40

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