Innovation - The Positive Effect of the Crisis

Mihaela Ioneci
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Mihaela Ioneci: “Constantin Brâncoveanu” University of Piteşti, Romania

Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 2, 39-42

Abstract: The current crisis has reopened the discussions about the state’s intervention in the economy and about the possibility of replacing the capitalist system, because the role played by the state is no longer consistent with the characteristics of this system. The state’s intervention in the economy could be directed towards other aspects, regardless of the accepted economic system. A state that truly favours innovation represents the desired result.

Keywords: crisis; state; capitalism; change; innovation (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:9:i:2:y:2009:p:39-42

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