KNOWLEDGE VALORIZATION IN E.U. A CRITICAL ASSESSMENT FOR ROMANIA.

In this paper we propose a critical assessment of the activities in the knowledge valorisation chain in Romania, exploring data from 2021 European Innovation Scoreboard (EIS). Using a set of relevant indicators, we analyse the main dimensions of capturing the value creation from knowledge. Knowledge valorisation lies at the heart of the knowledge economy and is critical for the economic and social progress. Despite of the political efforts of the European Commission regarding this issue, the "European Paradox" continues to exist and the failure of most European countries to convert the investment carried out in R&D into economic results and social benefits remains a debated topic. Universities, as one of the main actors of the knowledge valorisation process acknowledge this as a component of the university mission and play multiple roles along the valorisation channels. In this context, the entrepreneurial transformation of the university is determined and determines support and intensification of knowledge transfer. The research shows the need to reduce barriers for transferring knowledge into economy and necessity for policy intervention in order to uptake of research results in society and the economy, especially for Romanian environment. [ABSTRACT FROM AUTHOR]