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Regional Efficiency Of The Knowledge Economy In The New Eu Countries: The Romanian And Bulgarian Case

Author

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  • Monica Roman

    () (Academy of Economic Studies of Bucharest, Romania)

Abstract

Economic success is ever more based upon the effective utilization of intangible assets such as knowledge, skills and innovative potential as the key resource for competitive advantage. For transitional countries, such as Romania and Bulgaria, the efficiency of research and development activities is particularly important, since technological progress is one of the core aspects of economic growth. In this article we describe the common features of the two countries, but also the existing differences with respect to the knowledge based economy. There are significant regional differences within the countries and marginal regions must also close the gap with the more developed regions. This paper analyzes research efficiency at the regional level for NUTS2 regions from Romania and Bulgaria between 2003 and 2005, applying a DEA framework. Our main finding is that Bulgarian regions are more efficient in R&D activities compared to Romanian ones. The only Romanian efficient region is Bucuresti Ilfov, while the other two efficient regions are rather small Bulgarian regions, with fewer resources. They show a remarkably high level of research efficiency, whereas some of the larger regions (both from Romania and Bulgaria) lag behind.

Suggested Citation

  • Monica Roman, 2010. "Regional Efficiency Of The Knowledge Economy In The New Eu Countries: The Romanian And Bulgarian Case," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 4(1), pages 33-53, JUNE.
  • Handle: RePEc:rrs:journl:v:4:y:2010:i:1:p:33-53
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    File URL: http://www.rrsa.ro/rjrs/V413.ROMANMO.PDF
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    References listed on IDEAS

    as
    1. Lise Bourdeau-Lepage & Desislava Kolarova, 2008. "Knowledge Society And Transition Economies.The Bulgarian Challenge," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 2(2), pages 53-79, December.
    2. Jens Schmidt-Ehmcke & Petra Zloczysti, 2009. "Research Efficiency in Manufacturing: An Application of DEA at the Industry Level," Discussion Papers of DIW Berlin 884, DIW Berlin, German Institute for Economic Research.
    3. Jon Zabala-Iturriagagoitia & Peter Voigt & Antonio Gutierrez-Gracia & Fernando Jimenez-Saez, 2007. "Regional Innovation Systems: How to Assess Performance," Regional Studies, Taylor & Francis Journals, vol. 41(5), pages 661-672.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Gheorghe ZAMAN & Zizi Goschin, 2012. "Industrial R&D Investment In Eu: Recent Trends And Lessons For Romania," Romanian Journal of Economics, Institute of National Economy, vol. 34(1(43)), pages 68-83, June.
    2. Roman, Monica & Suciu, Christina, 2012. "Analiza eficienţei activităţii de cercetare dezvoltare inovare prin metoda DEA
      [The Efficency Analysis Of R&D Activities By Using Dea]
      ," MPRA Paper 44000, University Library of Munich, Germany.
    3. Adriana DAVIDESCU & Vasile Alecsandru STRAT, 2014. "Coordinates of a New Romanian Regional Policy - Identifying the Development Poles. A Case Study," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 18(2), pages 88-99.
    4. M. Foddi & S. Usai, 2012. "Regional innovation performance in Europe," Working Paper CRENoS 201221, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

    More about this item

    Keywords

    regions; knowledge economy; transition countries; efficiency; DEA;

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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