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Implementing innovation and knowledge management in the Romanian economy

Author

Listed:
  • Constantin Bratianu

    (Academy of Economic Studies, Bucharest)

  • Simona Vasilache

    (Academy of Economic Studies, Bucharest)

Abstract

The purpose of this paper is to present a critical evaluation of the implementation and development of innovation and knowledge management in the Romanian economy. As a former socialist country, Romania faced some specific difficulties in its transition from centrally controlled economy toward the free market economy, and from state ownership toward private ownership. A centrally controlled economy is very rigid, and it is based on inertial and linear thinking patterns. Switching toward a free market economy means also switching toward a dynamic and nonlinear thinking patterns, a more adequate perspective for the complex and turbulent changing business environment. Our research identified and evaluated the main barriers in implementing innovation and knowledge management in the Romanian economy, and based on these findings we developed a series of possible solutions.

Suggested Citation

  • Constantin Bratianu & Simona Vasilache, 2009. "Implementing innovation and knowledge management in the Romanian economy," Management & Marketing, Economic Publishing House, vol. 4(4), Winter.
    • Handle: RePEc:eph:journl:v:4:y:2009:i:4:n:1
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    Citations

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    Cited by:

    1. Constantin BRATIANU & Ivona ORZEA, 2011. "Knowledge Sharing Dynamics in Emergent Economies," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 123-128, December.
    2. Pandelica Ionut & Pandelica Amalia & Jianu Eugenia, 2010. "The Culture Of Romanian Organization: The Diagnosis Of The Remaning Mentalities," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 984-989, December.
    3. Andreea Feraru, 2013. "Features Of The Intellectual Capital Within Romanian Smes," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 18.

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