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Eco-innovation and its Contribution to Sustainable Development and Competitiveness

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  • Margareta C. RUSU

    (Faculty of Management, The Bucharest University of Economic Studies, Romania)

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    Abstract

    In the context of global economy a dominant role of knowledge is the importance of human resources in the process of innovation and value creation. This paper aims to address Romania’s competitiveness in the context of global change mitigation by analyzing the counties competitiveness and eco-innovation. The efficiency-driven stage of development, which Romania is part of require specific regulatory measure in order to achieve sustainable development and competitive advantage. Analyzing the eco-innovation local needs by focusing on the SME can be seen as a solution, as they are creative in order to compensate for the lack of funding in research, development and innovation (like cluster research which is beneficial for sharing the risk and cost involved in research activities).

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    Bibliographic Info

    Article provided by Fundația Română pentru Inteligența Afacerii, Editorial Department in its journal Network Intelligence Studies.

    Volume (Year): (2013)
    Issue (Month): 2 (October)
    Pages: 127-135

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    Handle: RePEc:cmj:networ:y:2013:i:2:p:127-135

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    Web page: http://bxb.ro/

    Related research

    Keywords: eco- innovation; sustainable development; competitiveness; Global Competitiveness Index; SME’s;

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    1. Carmen NASTASE & Alina HODOROABA, 2010. "Education - An Economic Growth Factor," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 10(2(12)), pages 53-60, December.
    2. Simona Biriescu & Antoaneta Butuza, 2011. "Regional Development - Past, Present and Future in Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(1), pages 17-32.
    3. Paunov, Caroline, 2012. "The global crisis and firms’ investments in innovation," Research Policy, Elsevier, vol. 41(1), pages 24-35.
    4. Ioan Radu PETRARIU & Robert BUMBAC & Radu CIOBANU, 2013. "Innovation: a path to competitiveness and economic growth. The case of CEE countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(5(582)), pages 15-26, May.
    5. Rennings, Klaus, 2000. "Redefining innovation -- eco-innovation research and the contribution from ecological economics," Ecological Economics, Elsevier, vol. 32(2), pages 319-332, February.
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