REGIONAL POLICIES OF THE EUROPEAN UNION ON RESEARCH AND INNOVATION
REGIONAL POLICIES OF THE EUROPEAN UNION ON RESEARCH AND INNOVATION

Summary/Abstract: Intensification of the capacity of regional economies to innovate and to transform increasingly brings to the forefront the role of policymakers in encouraging innovation, research and development (R&D) and entrepreneurship. For the achievement of this objective, policymakers are trying to develop sustainable policies for a “healthy” economy. This research paper will try to emphasize the main policies on research and development (R&D) using the background offered by literature, the current legal framework and the analysis of official statistical data for empirical evidences. We presume this analysis will provide us with a new point of view on research and development (R&D) dimension with positive aspects, and it will also clear certain aspects that require solutions and policy options to stimulate economic activity and develop products with higher added value, inclusively to create jobs.

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