Development Clusters - A New Way to Innovate in the Romanian Economy
Development Clusters - A New Way to Innovate in the Romanian Economy

Summary/Abstract: The research focused on cluster, innovation, the performance of companies within the cluster and region’s performance generated extensive debate on international level. Addressing innovation aspects in Romania is based on economic theory, using the literature and statistics on innovation in companies. In a cluster there is a real connection between R & D sector and the productive enterprises, ensuring the transfer and exploitation of research results in these activities. RDI activities generate added value for companies and regions, helping to increase their economic and social performance. The research findings are useful in developing policies to support clusters and innovation strategies in the regions of Romania. The work represents a milestone for decisions SMEs have to innovate by integrating them in clusters, in order to increase economic competitiveness.

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