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Innovation Impact on EU Countries Economy

Author

Listed:
  • Mircea-Iosif Rus

    (Universitatea Babeº-Bolyai Facultatea de ªtiinþe Economice ºi Gestiune Afacerilor)

Abstract

Science has begun to play an increasing role in industrial development not only as a major source of knowledge for new technological activities or scientointensive industries (medicine industry, chemistry, electronics), but also as essential input in testing, evaluation and quality control. Innovation is one of the activities that can generate economic and social progress. Therefore, this paper also approaches the significance of innovative information dissemination, as well as the objectives of this activity in view of the EU Member States. The European Union has prepared two funding programs for innovation activity, Europe 2020 and Horizon 2020.

Suggested Citation

  • Mircea-Iosif Rus, 2012. "Innovation Impact on EU Countries Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1646-1651, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:1646-1651
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    More about this item

    Keywords

    R & D and innovation; finance; technology dissemination;
    All these keywords.

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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