The situation is unbelievable considering that investments in research are significantly low in Romania, highlighted Valentin Lazea, president of the managing board of the Romanian Center for Economic Policies.
Last year, Romania allotted 0.48% of its gross domestic product to research, and targets to increase the share to 2% of the GDP by 2020, according to data presented by Viorel Dobrescu, manager within the European Affairs Ministry.
The turnover of innovative firms, which operate in the pharmaceutical, IT or aerospace industries, increased from 23.8% in 2008 to 30% in 2011.