THE IMPACT OF QUALITY IN RESEARCH AND DEVELOPMENT ENVIRONMENTS ON ENTREPRENEURIAL ACTIVITY IN ROMANIA. A COMPARATIVE STUDY
Research and development (R&D) efforts have a great impact on the performance of companies. However, the costs and time frame are difficult to anticipate. Evaluation of research and development (R&D) activity assumes many aspects related to the size of efforts and the quantification of th...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
University of Oradea
2024-12-01
|
| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | https://anale.steconomiceuoradea.ro/en/wp-content/uploads/2025/01/AUOES.December.2024.3.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Research and development (R&D) efforts have a great impact on the
performance of companies. However, the costs and time frame are difficult to
anticipate. Evaluation of research and development (R&D) activity assumes many
aspects related to the size of efforts and the quantification of their effects on
entrepreneurial activity, which can be achieved by aggregating several economic
indicators. The effectiveness of R&D can be regarded from various perspectives: the
extent to which it supports the increase in company performance, the time frame in
which such performance appears, and from the standpoint of the degree to which
research activities uphold performance at its maximum efficiency point. This
empirical research aims to conduct a comparative study at the Romanian level on
the impact of research activity carried out within three reputable research
environments: the private (business) environment, the government (public)
environment, and the university environment. The study aims to differentiate
between the results of these environments. This quantitative research has been
carried out based on data processed by regression analysis extracted from three
different sources and covers the time interval 2005-2022. The findings show that the
research results referring to the private environment are visible in the current year,
whereas the effects exhibit volatility in the following years. University environment
research can be regarded as the most effective as it yields a subsequent constant
increase of the effects on the entrepreneurial environment over the following three
years subjected to analysis, while the measured intensity of its impact is clearly
superior to that of the other research environments: private and governmental. |
|---|---|
| ISSN: | 1222-569X 1582-5450 |