期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2012
卷号：12
期号：1
语种：English
出版社：Ovidius University Press
摘要：This paper pursues to find whether there is a correlation between the funds spent for innovation and the general Romanian competitiveness in the global economy. We also propose that the number of patent applications by Romanian economic actors is the only pertinent metric for the respective expenditure effectiveness. We check a number of databases from Patent registration establishments (OSIM,EPO and WIPO) for the patent applications and we rely on the official report issued by the Romanian Government concerning the public expenditure to improve innovation processes. We find there is no direct correlation between the two,leading to the suggested conclusion that the public funding in not attaining its stated objectives,as not effectively or/and not efficiently allotted.
