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A Way to Rise Competitiveness in Textile Industry According to Innovation-Research-Development

Author

Listed:
  • Asalos Nicoleta

    (Universitatea Ovidius Constanta)

  • Dinu Laurentiu

    (ULIM Chisinau)

  • Vasile Iulian

    (ULIM Chisinau)

Abstract

The stimulation of the dynamism and internationalization of the entrepreneurial basis represents a key means of developing a prosperous economy and answering the challenges and opportunities of a globalized market. Romania has serious discrepancies regarding competitiveness in relation to the states of the West and Central Europe. The increase of competitiveness in textile industry must not be regarded as a process of exploiting the advantages on a short term but as a process of creating an economic structure based on capital investments and research-development –innovation processes. So, competitiveness poles (clusters) in textile industry might be a solution for a long term in increasing exports and attracting foreign investments. That’s why, the paper proposes to present a brief image about the benefits of stimulating competitiveness clusters through a strategic policy at the national level for increasing competitiveness in textile industry.

Suggested Citation

  • Asalos Nicoleta & Dinu Laurentiu & Vasile Iulian, 2014. "A Way to Rise Competitiveness in Textile Industry According to Innovation-Research-Development," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 276-280, May.
  • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:276-280
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    More about this item

    Keywords

    clusters; competitiveness; textile industry; research-development-innovation;
    All these keywords.

    JEL classification:

    • M - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics

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