Specific mechanisms for stimulating R&D investments within the EU

LAVRIC, Victor

SPECIFIC MECHANISMS FOR STIMULATING R&D INVESTMENTS WITHIN THE EU

VICTOR LAVRIC

Abstract:

This paper consists of a meta-analysis of several studies regarding the innovation and R&D potential of the European Union, as well as the internal discrepancies among different member states. This part is followed by a comparative structural analysis of the main characteristics of innovative and non-innovative enterprises from the European Union, thus facilitating the identification of the most relevant aspects that are innovation-sensitive, as well as and the major obstacles that influence the innovative activity of companies. As a result, we were able to identify the most adequate mechanisms used for stimulating innovation and R&D activities and, therefore, we draw our concluding remarks and advanced several general recommendations concerning the governmental approaches innovation and R&D activities in the business enterprise sector.

Keywords:
R&D, Innovation, Tax incentives, European Union, Entrepreneurship

DOI: 10.20472/BM.2015.3.4.004

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APA citation:
VICTOR LAVRIC (2015). Specific mechanisms for stimulating R&D investments within the EU. International Journal of Business and Management, Vol. III(4), pp. 61-76. , DOI: 10.20472/BM.2015.3.4.004