INDUSTRIAL R&D INVESTMENT IN EU: RECENT TRENDS AND LESSONS FOR ROMANIA

R&D and innovation are broadly acknowledged as the main drivers of an economy's competitiveness and growth and the measures to encourage investment in research are a central part of economic policies. This paper addresses the question of R&D investment by the private sector and aims at investigating its economic effects in terms of profit and net sales increase R&D investment, industry, EUfor the top 1000 R&D industrial investors based in the EU.