George Ungureanu

The Harness of Intellectual Capital for Economic Progress and Sustainability

Bio-economy is a major area of the strategy that must enable the European Union to achieve growth: smart, through the development of knowledge and innovation; and sustainable, based on a greener, more efficient economy in resource management. We believe that the progress of bio-economy cannot be achieved without the harnessing of intellectual capital. Our research aimed to emphasize the benefits of the dynamics of the intellectual capital growth on the evolution of the bio-economy. The aim of this analysis was to study the established link between the Energy Intensity of the Economy (EIE) and a number of factors that can measure the intellectual capital, such as: Market Capitalization of Bitcoin, Patent applications listed by European Patent Office and the Turnover from Innovation as a proportion of the total Turnover. The ultimate goal was represented by the generation of a regression model to see what factor influences mostly the progress of the bio-economy at European and Romanian level.

THE ROLE OF AGROTOURISTIC ACTIVITY IN RURAL DEVELOPMENT

Tourism has multiple effects reflected in many planes, from the superior capitalization of natural-material resources, to the life conditions improvement, from the economic growth stimulation, to the social structure improvement. The work is emphasising one the kind to arrange of agrotouristic pension in rural development. The agrotouristic pension is a production and consumption unit, its income having the purpose to satisfy totally or partially, the needs of the family. The agrotouristic farm with a sustenance character, generally small sized, produce for self consumption or combines consumption, and the autarchy of production with marketing variable quantities of products.