Regional Efficiency Of The Knowledge Economy In The New Eu Countries: The Romanian And Bulgarian Case
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.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- BOURDEAU-LEPAGE, Lise & KOLAROVA,Desislava, 2005.
"Knowledge Society and Transition Economies The Bulgarian Challenge,"
LEG - Document de travail - Economie
2005-05, LEG, Laboratoire d'Economie et de Gestion, CNRS, Université de Bourgogne.
- 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.
- 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.
- 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.
When requesting a correction, please mention this item's handle: RePEc:rrs:journl:v:4:y:2010:i:1:p:33-53. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bogdan-Vasile Ileanu)
If references are entirely missing, you can add them using this form.