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IT&C - A Job-Creating Industry during Crisis

Author

Listed:
  • Ilie Constantin Florea

    (The Bucharest University of Economic Studies)

Abstract

The IT&C industry (Information Technology and Communications) makes Romania one of the main attractions among European countries, and this industry is considered by the authorities as strategic for the development of the national economy because of its potential to generate economic growth, modernize the society and create new jobs each year. The global financial crisis may have hit the Romanian economy hard, but one sector has managed to recover after the shock before all the others. Many casualties appeared in the real economy during recession (not just in the financial sector), but the IT&C sector continued to employ a larger number of professionals year after year. It was truly the golden sector of the economy. This paper analyzes the local IT&C industry (in particular the software and services sector) and compares it with the global perspectives in order to better paint the picture of a job-creating industry during crisis.

Suggested Citation

  • Ilie Constantin Florea, 2015. "IT&C - A Job-Creating Industry during Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 86-91, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:2:p:86-91
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/2015/i2/ANALE%20vol%2015%20issue_2_2015_site.pdf
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    More about this item

    Keywords

    Information Technology; Job Creation; Innovation;
    All these keywords.

    JEL classification:

    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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