2nd International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2018 – Graz, Austria, November 8, 2018, CONFERENCE PROCEEDINGS published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-13-4
The experience of developed countries demonstrates that sustainable growth is not possible without a high degree of innovation of firms, branches and economic sectors. According to Eurostat data and the European Commission’s expert reports, Romania has failed to overcome the “modest innovation” stage in the last 15 years, being included in the cluster with the lowest innovative performance, although innovation has been included as a determinant of development economic and social, in all the strategies developed in recent years, both in the EU and in Romania. Romania’s innovative performance, as measured by the Synthetic Innovation Scoreboard, recorded low values compared to all member countries. Under these conditions, the transition of Romanian companies to industry 4.0 will be more difficult.
The article presents the results of a comparative study between Romania and the EU, having as central elements: types of innovation, product and process innovation, innovation activities and expenditures, organizational and marketing innovation in product and process innovation, public sector procurement and innovation, licensing, barriers to innovation and benefits due to innovation. The study also led to the identification of the main causes that led to Romania’s modest position in terms of innovation. Starting from these, have been developed solutions to increase the level of innovation in Romanian enterprises.
industry 4.0, innovation scoreboard, Romania
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