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Knowledge Based Economy Strategies and Policies in Romania

Author

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  • Tocan Madalina Cristina

    () (Ecological University of Bucharest)

Abstract

In recent decades, knowledge is increasingly viewed more as a driving force of economic growth, which has generated a growing interest to information, technology and learning and their role in economic growth. Specialists consider that this new economy, knowledge-based economy, implies permanent products sold through virtual markets which determine much lower transaction costs and new business strategy is centered on exploiting niches. This type of economy is emerging in Romania and this paper aims to present the main national strategies and public policies for the development and implementation of information society knowledge economy in Romania

Suggested Citation

  • Tocan Madalina Cristina, 2011. "Knowledge Based Economy Strategies and Policies in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 2109-2113, May.
  • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:2109-2113
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    More about this item

    Keywords

    knowledge; knowledge based economy; strategy;

    JEL classification:

    • O29 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Other

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