SYNERGY OF RESEARCH, DEVELOPMENT AND INNOVATION ACTIVITIES, SUPPORT FOR SUSTAINABLE DEVELOPMENT
Journal: The Journal CONTEMPORARY ECONOMY (Vol.4, No. 2)Publication Date: 2019-06-30
Authors : Mădălina ALBU;
Page : 141-147
Keywords : sustainable development; innovation.;
Abstract
The main role of research, development and innovation, RDI, is to improve people's living conditions through the sustainable development of organizations. To find solutions to environmental challenges, organizations need to implement new projects that create synergy between science and society by involving all stakeholders in the sustainable development of society in general. Research, development and innovation activities should be seen as an investment in the harmonious development of future agribusinesses. Capitalizing on all the strengths and opportunities offered by the current environment and the current level of society development must stimulate innovative solutions to develop an economy in harmony with nature. Competition between states is also manifested through fiscal or other facilities offered to local or foreign investors. Among other factors, the attractiveness of a country for investors is also given by the incentives they can get for RDI activities. To this end, Romania has to align with EU standards in order to overcome the limits and to contribute directly to the well-being of European society and citizens by allocating resources to finance significant RDI activities.
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