Research Funding after the Economic Crisis. Comparative Study
Research Funding after the Economic Crisis. Comparative Study
Author(s): Andreea Hegyi, Mircea-Iosif Rus, Mircea-Ioan PastravSubject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Research Funding; Research; Economic effiency; Economic crisis
Summary/Abstract: Global economic crisis has had, among other effects, the decline in real estate market. By default, this fact has led to a rebound in building material manufacturers activity. Consequently, they had to seek solutions to be able to stay on a market on a downward slope. One of these solutions was to allocate more importance of research to produce cheaper and better quality building materials which meet market demands. Such building materials should have superior proprierties relative to those previously produced and to meet the requirements resulting form the geographical, climatological and environmental areas where they are used. A comparative research funding of some important european bulduing materials manufactures is presented. The impact of research investments on economical results is reviewed in conclusion of the study.
Journal: SEA – Practical Application of Science
- Issue Year: II/2014
- Issue No: 03
- Page Range: 518-524
- Page Count: 7
- Language: English