Report: Romanian companies among the least innovative in Europe
Report: Romanian companies among the least innovative in Europe Romania-Insider.com
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Report: Innovation in Romanian Companies
The National Institute of Statistics in Romania has released a report on the innovation activities of companies in the country during the period 2020-2022. The report highlights the importance of sustainable development goals (SDGs) and examines the proportion of Romanian companies that introduced new or improved products or business processes into the market.
Key Findings
- The proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8% during the period 2020-2022, which is a decrease of 1.9% compared to 2018-2020.
- More than half (53%) of all enterprises in the European Union reported some form of innovation.
- Greece had the highest proportion of innovative enterprises (73%), followed by Belgium (71%), Germany and Finland (both 69%), and Cyprus (66%). On the other hand, Romania had the lowest innovation activity, along with Latvia (32%), Hungary and Spain (both 33%), and Poland (35%).
- Large enterprises with at least 250 employees were twice as innovative as small and medium-sized enterprises (SMEs). In the period 2020-2022, 20.6% of large enterprises were innovative, while SMEs innovated at a rate of 8.3%.
- The share of large innovative enterprises decreased by 2.0 percentage points compared to the period 2018-2020, and SMEs showed a similar downward trend with a decrease of 1.8 percentage points.
- 4.1% of total enterprises were innovative only in new or improved products, 3.1% implemented both product and business process innovations, and 1.3% applied only for business process innovations. The share of innovative goods enterprises increased by 0.1% in the period 2020-2022.
- Innovative enterprises in the period 2020-2022 cooperated more among themselves (37.1%) compared to the period 2018-2020 (31.3%). The largest increases in cooperation partners were seen in non-profit organizations (+3.8%), other enterprises within the group (+2.8%), competitors (+2.7%), and clients or buyers from the public sector (+2.7%).
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SDGs, Targets, and Indicators Analysis
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 9: Industry, Innovation, and Infrastructure
The article discusses business innovation and the introduction of new or improved products and business processes into the market. This aligns with SDG 9, which focuses on promoting sustainable industrialization, fostering innovation, and building resilient infrastructure.
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and substantially increasing the number of research and development workers per 1 million people and public and private research and development spending.
The article highlights the proportion of innovative enterprises in different countries, indicating the level of technological capabilities and innovation. Target 9.5 focuses on enhancing scientific research, upgrading technological capabilities, and encouraging innovation.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Proportion of enterprises that introduced new or improved products or business processes into the market
- Proportion of innovative enterprises
- Proportion of large enterprises that are innovative
- Proportion of small and medium-sized enterprises (SMEs) that are innovative
- Proportion of enterprises that implemented product and business process innovations
- Proportion of enterprises that cooperated with non-profit organizations, other enterprises within the group, competitors, and clients or buyers from the public sector
The article provides several indicators that can be used to measure progress towards Target 9.5. These indicators include the proportion of enterprises that introduced new or improved products or business processes, the proportion of innovative enterprises, and the proportion of enterprises that implemented product and business process innovations. Additionally, the article mentions the proportion of large enterprises and SMEs that are innovative, as well as the types of cooperation partners for innovative enterprises.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.5: Enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, in particular developing countries, including, by 2030, encouraging innovation and substantially increasing the number of research and development workers per 1 million people and public and private research and development spending. |
|
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Fuente: romania-insider.com
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