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The role of technological innovation in sustainable economic development

Author

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  • Andreea Constantinescu

    (Institute of National Economy)

  • Simona Frone

    (Institute of National Economy)

Abstract

As in science an accurate picture of present is highlighted from a future outlook, we should recognize the crucial role of new technologies and innovation to improve knowledge in this field. They may give guarantee of sustainable economic development, provided prioritization of research in some fields such as: information technology and communication, resource depletion and climate change. Technological innovation becomes support of all strategies and policies aimed at ensuring sustainable economic development. With the same direction, advancement of high productivity green technologies and sustainable development become components of innovation vector. We intend to analyze the dynamics of this mechanism to provide policy support for integration of environmental and social progress requirements as preconditions of a sustainable economic development, which in turn, can boost technological innovation. Therefore, we conclude that, by highlighting this relationship, the essential aspects of technological innovation process with a decisive role in sustainable economic development may be better harnessed.

Suggested Citation

  • Andreea Constantinescu & Simona Frone, 2014. "The role of technological innovation in sustainable economic development," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 4(1.1), pages 1-13, February.
    • Handle: RePEc:spp:jkmeit:spicks14013
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    References listed on IDEAS

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    1. ., 2012. "Socialism: The Engineers," Chapters, in: The Social Economics of Thorstein Veblen, chapter 12, Edward Elgar Publishing.
    2. Jim Skea & Shuzo Nishioka, 2008. "Policies and practices for a low-carbon society," Climate Policy, Taylor & Francis Journals, vol. 8(sup1), pages 5-16, December.
    3. Amin U. Sarkar, 1997. "Sustainable development and technology," Environment Systems and Decisions, Springer, vol. 17(2), pages 97-102, June.
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    Cited by:

    1. Andreea Constantinescu & Simona Frone, 2018. "Post-Truth Era – A Time To Reconsider Sustainable Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 78-83, June.
    2. Simona Frone & Andreea Constantinescu, 2018. "ISSUES AND TRENDS OF ECO-INNOVATION FOR RESOURCE EFFICIENCY IMPROVEMENTS IN ROMANIAN SMEs," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 200-209, June.
    3. Frone Simona & Constantinescu Andreea, 2017. "Industrial Symbiosis For Promoting The Green Economy In Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 25-34, August.
    4. Kieran Bennett & Mohammad Mayouf, 2021. "Value Management Integration for Whole Life Cycle: Post COVID-19 Strategy for the UK Construction Industry," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    5. Senlin Hu & Gang Zeng & Xianzhong Cao & Huaxi Yuan & Bing Chen, 2021. "Does Technological Innovation Promote Green Development? A Case Study of the Yangtze River Economic Belt in China," IJERPH, MDPI, vol. 18(11), pages 1-18, June.
    6. Frone Simona, 2015. "The Eco-Innovation Parks: Vectors Of Transition To A Green Economy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 27-35, December.
    7. Constantinescu Andreea & Frone Simona & Platon Victor, 2022. "E-Waste Management- Trends And Best Practice Solutions In Europe And Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 54-60, December.

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