Abstract

The paper aims to identify the competitive advantages of the tourism sector in Romania and to conduct radiography of the SMEs in this sector, including their concern in which regards the R&D activities, as part of smart specialization strategies promoted by the EU. There are also studied the opportunities in exploiting the Romania’s competitive advantages by the SMEs in the tourism sector through development of innovative clusters in the area, which enhance the performance of R&D activities and increase the competitiveness of companies. There are also analysed the sources of funding from EU programs for the 2014–2020 financial framework as support for increasing competitiveness and regional development through support and intelligent promotion of tourism sector. At the end of the paper, solutions and courses of action (policies) in this area are offered, leading to national and regional sustainable economic development.

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