Article ID Journal Published Year Pages File Type
981731 Procedia Economics and Finance 2014 9 Pages PDF
Abstract

The theoretical and methodological approach, as well as the empirical analysis of the market of R&D face major challenges stemming from the high diversity of determinant factors, functional mechanisms, the dimension and structure of R&D demand and supply on one hand, and the necessity to find a relevant indicators system for the quantitative and qualitative assessment of demand and supply, on the other. Issues such as the public nature of the research results, the specific obstacles in the commercialization the R&D's supply, the operation mode and regulatory mechanisms of this market, intellectual property rights, the degree and forms of state involvement in supporting public and private research are still subject of public debates This paper aims to contribute to the description of the dimensions and of the tendencies of the market of R&D in Romania and to show imbalances between supply and demand. Outlining the particularities of the science market, in general, and in Romania, in particular, the paper highlights the main determinants that contributed to the current position of the market of science in Romnania in European landscape, the main aspects of the knowledge transfer from the institutes of research and development towards industrial companies and the obstacles that blocked the relationship between supplier and users of the scientific results.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics