Share of Romania's GDP allocated for research and development amounted to 0.38pct in 2014

The private sector, which is dominant on the Romanian market, does not have an appetite for research because here there are branches and subsidiaries of foreign companies, which get the results of research from their parent companies and lack the interest to develop private research in Romania, the director of the Institute of National Economy Gheorghe Zaman stated at the ...

Developed by Codecraftsman