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Development Clusters - A New Way To Innovate In The Romanian Economy

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  • Ph. D Daniela Fundeanu

    (University of Craiova, Faculty of Economy and Business Administration, Romania)

Abstract

The research focused on cluster, innovation, the performance of companies within the cluster and region’s performance generated extensive debate on international level. Addressing innovation aspects in Romania is based on economic theory, using the literature and statistics on innovation in companies. In a cluster there is a real connection between R & D sector and the productive enterprises, ensuring the transfer and exploitation of research results in these activities. RDI activities generate added value for companies and regions, helping to increase their economic and social performance. The research findings are useful in developing policies to support clusters and innovation strategies in the regions of Romania. The work represents a milestone for decisions SMEs have to innovate by integrating them in clusters, in order to increase economic competitiveness.

Suggested Citation

  • Ph. D Daniela Fundeanu, 2015. "Development Clusters - A New Way To Innovate In The Romanian Economy," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(25), pages 39-48, NOVEMBER.
    • Handle: RePEc:aio:rteyej:v:1:y:2015:i:25:p:39-48
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    File URL: http://feaa.ucv.ro/RTE/025-05.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    cluster; innovation; new way to innovate; regions; economic impact; eco-innovation;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M38 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Government Policy and Regulation
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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