Abstract

The economic and social evolution in the current context, of the sanitary and economic-financial crisis raises problems regarding the future economic evolution. The authors highlight the current situation of the Romanian economy. Measures must be taken to ensure that standards in education and research are raised. The industry needs to modernize on digitalization, robotics and other achievements of science. Today, the industry needs to develop based on the latest achievements of science. Innovation must be the basis of high-quality education, be an element of research, and research without innovation cannot exist. The method used is that of comparative study, static and dynamic, and the use of statisticaleconomic models to highlight the role of education, research and industry, based on innovation. From the data we have at our disposal, it results the need for these aspects to constitute the equilateral triangle of a program of economic and social development in the future. The final conclusion of this research is the need to intensify efforts, including financing an economy based on deep and quality education, connecting high-level education with research and bringing through innovations new attributes that the industry must fulfil.

Highlights

  • The issue of a country's economic growth and socio-economic development is a topical issue both in the European Union and in the member countries

  • The field of research must be specific to each field of activity and even more so to industry, which in the current conditions of digitization, robotization and the introduction of modern methods is the only one able to ensure the restructuring of industry and the economy in general, on new bases achievements in science, technology and innovation

  • We talked about the recovery strategy and resilience, which is a important stage in the current conditions, in which due to the economicfinancial crisis combined and influenced by the pandemic crisis led to modest results, which must be invigorated

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Summary

Introduction

The issue of a country's economic growth and socio-economic development is a topical issue both in the European Union and in the member countries. We do not address the issue of lei as a whole in this article, but with an emphasis on the need to increase research and raise it to higher levels of economic intelligence In this direction, the amounts allocated by each state to increase new opportunities for recovery and transformation of the economy of the future must be an important element. In Romania, in this context where there are these concerns, we find that research is allocated 0.48% of Gross Domestic Product, a tiny amount that cannot result in outstanding results in terms of innovation, discovery of new directions and bringing the economy to a higher level This triumvirate of education, research, industry should be an equilateral triangle, in which the three areas should be given increased attention, so that education is a high level, especially in technical and economic fields, research should absorb from education in this field those positive elements, which can influence through inventions and innovations economic growth. At the moment we can no longer talk about reindustrialization, which is an already obsolete term, but about the development and putting the industry on new qualitative bases, leading to the increase of economic results

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