WHAT ARE ROMANIA’S CHANCES OF BECOMING A
                KNOWLEDGE-BASED ECONOMY?

                          Ioan Achim Moise, Professor Ph.D.,
                   „1 Decembrie 1918” University, Faculty of Sciences,
                                moiseachim@yahoo.com

                           Teodora Popescu, Lecturer Ph.Ed.,
             „1 Decembrie 1918” University, Faculty of History and Philology,
                               teo_popescu@hotmail.com


ABSTRACT: The aim of this paper is to provide an overview of the Lisbon Strategy, the
proposal which set the action framework intended to transform the EU into “the most
dynamic and competitive knowledge-based economy in the world capable of sustainable
economic growth with more and better jobs and greater social cohesion, and respect for the
environment by 2010”. We will also discuss the activities of the European Research Area
(ERA), focusing in particular on the way in which our country may become a competitive part
of this process.

Key words: knowledge-based economy, Lisbon Strategy, Romania.

JEL Classifications: D8, O31, O52, R11.