ROMANIA AND THE KNOWLEDGE-BASED ECONOMY:
        INNOVATION THE SOURCE OF ECONOMIC GROWTH

                         Holban (Oncioiu) Ionica, PhD student
 Alexandru Ioan Cuza University of Iasi and Academy of Economies Studies from Bucharest,
                               nelly_oncioiu@yahoo.com

                            Oncioiu Florin Razvan, PhD student
          University of Agronomic Sciences and Veterinary Medicine of Bucharest
                                oncioiu_florin@yahoo.com


ABSTRACT: The is already a vast literature on the role of knowledge in economic growth but
there is need to clarify the meaning and scope of this term and define the Romanian
perspective on the relationship between knowledge-based economy and growth.
        This paper focuses on innovation systems in Romania as the key challenge and mean
for embracing growth based on knowledge-based economy.

Keywords: innovation, economic growth, knowledge

JEL Code: O32,Q55