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Entrepreneurship and Sustainability Issues Open access
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DOI 10.9770/jesi.2023.10.4(16)
Reference to this article should be made as follows:
Fleacă, B.; Fleacă, E.; Maiduc, S.; Croitoru, I. M. 2023. Research and innovation for sustainability transformation – modern outlooks and actual challenges, Entrepreneurship and Sustainability Issues 10(4): 263-278. https://doi.org/10.9770/jesi.2023.10.4(16)
Received: 2023-02-15  |  Accepted: 2023-05-29  |  Published: 2023-06-30

Title

Research and innovation for sustainability transformation – modern outlooks and actual challenges

Abstract

Technology innovations, the expanding digitisation of all sectors and global megatrends are changing how European citizens live, offering huge potential and unique challenges. The concept of innovation has become more general, exceeding the boundaries of research and development, patents, scientific articles and publications. It increasingly includes new business models, social aspects and technical matters for environmental protection. The paper investigates the modern outlooks of research and innovation that represent the ubiquity concerns of Europe facing global competition and striving to maintain its distinctive social model in line with sustainable development. The authors focused on an updated literature review on research and innovation for a sustainability transition. They analysed the political frameworks and strategic initiatives to support certain interventions for promoting the overarching role of innovation toward sustainable development. Through analysing secondary data provided by well-known innovation performance indicators (i.e. Global Innovation Index and European Innovation Scoreboard), different vulnerabilities of the local context (i.e. Romania country) were identified, and relevant improvement measures were emphasised to meet the agenda focused on a transition to sustainability. The findings made a structured contribution to the emerging field of research and innovation for sustainability transformation. They can be valuable for academics, researchers and decisional factors interested in increasing awareness about the EU strategic initiatives in research and innovation as well as some of the challenges of the country's innovation performance.

Keywords

innovation, sustainability, competitiveness, research and development, Science and Technology

JEL classifications

M14 , M48 , M19

URI

http://jssidoi.org/jesi/article/1091

DOI

DOI 10.9770/jesi.2023.10.4(16)

Pages

263-278

Funding

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Fleacă, Bogdan
Politehnica University of Bucharest, Bucharest, Romania https://upb.ro
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Fleacă, Elena
Politehnica University of Bucharest, Bucharest, Romania https://upb.ro
Articles by this author in: CrossRef |  Google Scholar
Maiduc, Sanda
Politehnica University of Bucharest, Bucharest, Romania https://upb.ro
Articles by this author in: CrossRef |  Google Scholar
Croitoru, Ionut Marius
Politehnica University of Bucharest, Bucharest, Romania https://upb.ro
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

10

Number

4

Issue date

June 2023

Issue DOI

DOI 10.9770/jesi.2023.10.4

ISSN

ISSN 2345-0282 (online)

Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 787  |  PDF downloads: 380

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