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Effects Of The Research Projects On The Public Budget

Author

Listed:
  • Maria-Mihaela SU?R??AN

    (Technical University of Cluj-Napoca, Romania)

  • Stelian BRAD

    (Technical University of Cluj-Napoca, Romania)

Abstract

The efficient financing of the research projects isa main objective for all countries. It is essential toseeksupport for those projects that provide useful results to the society or results that support progress or which are constructive for the society. Many of the currently funded research projects have difficulties in transferring their results in practice. The research projects must have direct or at least indirect applicable results in order to justify their funding. The evaluation of a research project starts in the moment of its submission then the project continues through out its implementation. To completethe evaluation process it is essential to assess the find results. This paper presents a synthetic analysis of the role that research projects can have on the public budget or how much a part of the budget provided for a research grant returns to public budget with the positive effects on the public deficit.

Suggested Citation

  • Maria-Mihaela SU?R??AN & Stelian BRAD, 2013. "Effects Of The Research Projects On The Public Budget," Review of General Management, Spiru Haret University, Faculty of Management Brasov, vol. 18(2), pages 68-77, November.
    • Handle: RePEc:fmb:journl:v:18:y:2013:i:2:p:68-77
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    More about this item

    Keywords

    research project; deficit reduction; efficiency;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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