DBPapers
DOI: 10.5593/sgem2017/53/S21.091

FINANCING RESEARCH AND DEVELOPMENT ACTIVITIES FROM PUBLIC FUNDS IN ROMANIA

M.I. Rus
Wednesday 13 September 2017 by Libadmin2017

References: 17th International Multidisciplinary Scientific GeoConference SGEM 2017, www.sgem.org, SGEM2017 Conference Proceedings, ISBN 978-619-7408-10-2 / ISSN 1314-2704, 29 June - 5 July, 2017, Vol. 17, Issue 53, 733-740 pp, DOI: 10.5593/sgem2017/53/S21.091

ABSTRACT

The research-development activity has not been quite adequately financed in Romania over the last few years. Annual financing programs and multiannual programs were issued (NPRDI I – [National Plan for Research, Development and Innovation]), and, as of 2007, together with Romania’s adherence to the European Union, an effort was made to align the financing programs of this activity to the Union’s programs. Thus, beginning with the Seventh Framework Program (FP7), the National Plan for Research- Development and Innovation II (NPRDI II) was set for 2007-2013, as well as the National Plan for Research-Development and Innovation III (NPRDI III), at the same time with the launching of the Horizon 2020 Program. Moreover, the financing is again from public funds through the framework program, Nucleus. The amounts allotted for the two financing programs from public funds are increasing every year due to an increased state budget, but the research and development activities are still insufficiently financed. Considering Romania’s commitment, as part of the Horizon 2020 Program, to reach a financing level of 2% from GBP, divided as 1% from public funds and 1% from private funds, it would be a fortunate situation if that 1% from public funds could be allotted. However, there are certain prerequisites for achieving this objective.

Keywords: financing, research-development, GBP, National Program for Research-Development, Nucleus Program