THE IMPORTANCE OF INNOVATIVE CLUSTERS’ PROLIFERATION FOR SUSTAINABLE ECONOMIC GROWTH OF ROMANIA

Ion Popa and Doina I. Popescu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2013, vol. 7, issue 1, 583-595

Abstract: In capacity of European Union member, sustainable development is the only reasonable solution for Romania's national becoming, having as a result the establishment of a new development paradigm through junction of economic, social and surroundings factors.Regional development represents the increase of economic competitiveness of a local area, in means of improving the area’s economic future. The paper underlines the fact that innovation, as a crucial factor of regional development, in the new social and economic context, is and can be sustained through the creation of innovative clusters, and by their proliferation. Romanian clusters are presented and analyzed, and also the courses of action in order to increase their competitiveness.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:7:y:2013:i:1:p:583-595

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