KNOWLEDGE VALORIZATION IN EU. A CRITICAL ASSESSMENT FOR ROMANIA
KNOWLEDGE VALORIZATION IN EU. A CRITICAL ASSESSMENT FOR ROMANIA

Author(s): Diana-Manuela Lina
Subject(s): Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: knowledge valorisation; entrepreneurial university; innovation;
Summary/Abstract: In this paper we propose a critical assessment of the activities in the knowledge valorization chain in Romania, exploring data from 2021 European Innovation Scoreboard (EIS). Using a set of relevant indicators, we analyse the main dimensions of capturing the value creation from knowledge.Knowledge valorization lies at the heart of the knowledge economy and is critical for the economic and social progress. Despite of the political efforts of the European Commission regarding this issue, the “European Paradox” continues to exist and the failure of most European countries to convert the investment carried out in R&D into economic results and social benefits remains a debated topic.Universities, as one of the main actors of the knowledge valorization process acknowledge this as a component of the university mission and play multiple roles along the valorization channels. In this context, the entrepreneurial transformation of the university is determined and determines support and intensification of knowledge transfer.The research shows the need to reduce barriers for transferring knowledge into economy and necessity for policy intervention to uptake of research results in society and the economy, especially for Romanian environment.

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