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Economic Potential of Investments in Research – Development – Innovation in the European Union

Author

Listed:
  • Diana Valentina Dumitrescu

    (Artifex” University of Bucharest, Bucharest University of Economic Studies)

  • Daniel Ioan Dumitrescu

Abstract

At both European and global level, there is a growing focus on identifying those economic sectors that can bring economic growth, thus increasing global competitiveness. From this point of view, the European Commission identified at the end of the Multi-Annual Financial Framework 2007 – 2013 a European Union-wide competitiveness gap with other global economies such as the United States of America. The New Multiannual Financial Framework 2014-2020 is addressing this European Union’s lack of economic competitiveness by trying to identify those sectors of smart growth that could secure Europe’s economic growth. The present paper wanted to analyze those methods of GDP growth through investments in Research – Development – Innovation.

Suggested Citation

  • Diana Valentina Dumitrescu & Daniel Ioan Dumitrescu, 2017. "Economic Potential of Investments in Research – Development – Innovation in the European Union," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 96-103, May.
    • Handle: RePEc:rsr:supplm:v:65:y:2017:i:5:p:96-103
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    References listed on IDEAS

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