Research&Development&Innovation Sector in Romania. Management and Market Concentration

Silvius Stanciu and Cezar Ionut Bichescu
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Silvius Stanciu: Dunărea de Jos University of Galati
Cezar Ionut Bichescu: Dunărea de Jos University of Galati

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2018, vol. 19, issue 3, 313-321

Abstract: Research, development and innovation can represent the foundation of economic development and a way to increase economic competitiveness. The paper proposes an analysis of the national research system, highlighting the factors that lead to a reduced success rate of Romanian research. Information on system development has been collected from national and international statistical bases. The data were processed, statistically interpreted and represented graphically. The assessment of the degree of market concentration of the innovative companies in Romania was achieved through the Gini Struck and Herfindahl-Hirschman methods. The results of the study have led to a high concentration of the market. The development of private research is at an early stage in Romania, compared to Europe. Although strategic tools to promote research results have been proposed at national level, the low allocation of funds to the sector, a domestic fund dominated by foreign capital and inadequate legislation still lead to a lack of attractiveness of the sector and modest results.

Keywords: : R&D&I; Romania; management; analysis; concentration. (search for similar items in EconPapers)
JEL-codes: M10 O32 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:19:y:2018:i:3:p:313-321

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