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The Road To Higer Performance Of Two Eu Modest Innovators

Author

Listed:
  • SANDU Steliana

    (The Institute of National Economy, INCE, Romanian Academy, Romania)

  • ANGHEL Irina

    (The Institute of National Economy, INCE, Romanian Academy, Romania)

Abstract

Once the economic upsurge ended and the crisis settled in, the decisional behaviour regarding research, development and innovation in the public as well as private sectors deflected the upward trend of innovation performance indicators for both Bulgaria and Romania. While the overall innovation index for EU27 kept a positive growth rate, the evolution of the input and output innovation indicators for both countries along 2009 have downgraded their relative position amongst the EU countries. Therefore, in 2010, Bulgaria and Romania were screened out from the “catching-up countries” and moved back in the “modest innovators” cluster, where they have hovered until now. The challenge for the decision makers in Bulgaria and Romania, as well as of the experts is to identify the strategic alternatives that would capitalize on their relative strengths and potential in order to outstrip their current position and to fully benefit from being integral part of the European Research Area. This would also require careful analyses over specific challenges, threats and weaknesses. Based on various methods of quantitative and qualitative analysis over a wide range of indicators describing aspects of the R&D and innovation performance, the aim of our study is to identify the opportunities for redressing the current trends for both countries with respect to their innovative performance.

Suggested Citation

  • SANDU Steliana & ANGHEL Irina, 2015. "The Road To Higer Performance Of Two Eu Modest Innovators," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 314-322, July.
    • Handle: RePEc:cbu:jrnlec:y:2015:v:special:p:314-322
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    References listed on IDEAS

    as
    1. Sandu, Steliana & Paun, Cristian, 2010. "Assessing The Possibilities Of Filling The Gap Between Romania And The Eu In The Rdi Field," Working Papers of National Institute for Economic Research 100204, Institutul National de Cercetari Economice (INCE).
    2. Tobias Schmidt, 2010. "Absorptive capacity-one size fits all? A firm-level analysis of absorptive capacity for different kinds of knowledge," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 31(1), pages 1-18.
    3. Goschin Zizi & Sandu Steliana & Goschin Georgiana-Gloria, 2014. "New Trends In R&D Disparities Among Eu Countries. A Sigma Convergence Approach," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 463-472, July.
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    Cited by:

    1. Cornel Ionescu, 2017. "The Role of Organizational Culture in Enhancing Innovation Potential. Consequences on the Market Performance of Romanian Firms," Eastern European Business and Economics Journal, Eastern European Business and Economics Studies Centre, vol. 3(2), pages 162-175.

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