Ovidius University Annals: Economic Sciences Series (Jan 2020)
Issues Regarding Innovative Companies and Their Financing
Abstract
The importance of innovation’s evolution has led to the emergence of global measurement indicators, built so that information can be compared between countries and hierarchies can be created. In this article we intend to present the current situation of Global Innovation Index (including Romania's position) in order to inform on the operating framework of innovative companies. Ways to define and characterize innovative companies are subsequently identified, especially in financing programs. Different financing resources for innovative companies are highlighted according to the stages of the innovation process and other specific aspects.