The Impact of Funding Research and Development Activities through the Core Programme

Mircea-Iosif Rus

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 2, 552-555

Abstract: Funding research has been, after 1989, a thorny issue in Romania. Regardless of the value of the funds allocated from the GDP for funding this activity, they proved insufficient compared to the needs for research. One solution for funding this activity is the Core Programme. This programme sought to provide a source of funding for the research activity of the National Institutes of Research and Development (INCD), especially for fundamental research. Although the value allocated from the State Budget for this activity is around 10%, we must make note of the fact that in certain research fields, the amounts allocated through this programme are essentially important. Funding through this programme represents a starting point for the respective entities, as the results obtained from fundamental research could be the basis for research agreements with economic entities in the private sector.

Keywords: funding; research activity; Core Programme; fundamental research; national institute of research and development (search for similar items in EconPapers)
JEL-codes: G23 G33 O30 O32 (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:2:p:552-555

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