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Economic Dynamics and Sustainable Development – Resources, Factors, Structures and Policies

Proceedings ESPERA 2015 – Part 1 and Part 2

Edited By Luminita Chivu, Constantin Ciutacu, Valeriu Ioan-Franc and Jean-Vasile Andrei

The book is dedicated to the 150th anniversary of the Romanian Academy. It contains the most valuable 100 papers presented at the International Conference «Economic Scientific Research – Theoretical, Empirical and Practical Approaches» (ESPERA 2015). The event is initiated annually by the National Institute for Economic Research «Costin C. Kirițescu» of the Romanian Academy. ESPERA aim to present and evaluate the economic scientific research portfolio as well as to argue and substantiate development strategies, including European and global best practices. ESPERA intend to become a scientific support for the conceptualization and the establishment of policies and strategies and to provide a systematic, permanent, wide and challenging dialogue within the European area of economic and social research.

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Domains and Indicators of Innovation at Company Level within Regional Frame (Florin-Marian Buhociu / Rodica Hîncu / Adrian Turek Rahoveanu / Valentin Marian Antoh / Dragoş-Horia Buhociu)

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Florin-Marian Buhociu1, Rodica Hîncu2, Adrian Turek Rahoveanu3, Valentin Marian Antoh4 & Dragos-Horia Buhociu5

Domains and Indicators of Innovation at Company Level within Regional Frame

Abstract: Current economic conditions, including financial and economic crises which continue constantly in one form or another, in conjunction with permanent competition between economic agents to maintain their markets and to win new ones, oblige firms to steadily find new solutions, whether technical and economic, to ensure their own existence as well as a possible and desirable increase of their sales of goods and services. An important direction that firms follow to maintain or enlarge their own market is the introduction of methods and techniques that aim to increase the capacity for innovation in the field in which they work. It is therefore important to be identified at the regional level, the main areas in which innovation is a serious concern of company management. Also, identifying regional innovative companies which are successful on the market can be an important element for potential investors looking to capitalize as well as possible their financial resources. This paper has proposed to carry out an identification of the main areas in which we can achieve open and experimental methodology for measuring the level of innovation, starting from businesses and continuing with the aggregate results at a county or region of development level. It is important to identify the key actors who can influence increasing levels of innovation: industrial systems, institutions and public...

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