Analysis of high-tech companies evolution indicators in Romania and in the European Union

• Author: Constantin, S.
• Position: Dept. of Economic Sciences and Business Administration, Transilvania University of Brasov
• Pages: 95-100

Bulletin of the Transilvania University of Braşov • Vol. 5 (54) •No. 2 - 2012

Series V: Economic Sciences

ANALYSIS OF HIGH-TECH COMPANIES

EVOLUTION INDICATORS IN ROMANIA

AND IN THE EUROPEAN UNION

Sanda CONSTANTIN1

Abstract: The paper presents the evolution of some indicators in high –

tech companies both in Romania and in the European Union. The indicators

taken into consideration refer to the total expenses of the companies that

operate in this field as well as to the evolution of the personnel which works

in high – tech technology companies. The paper also aims to present a

prediction of those indicators for the next three years. At the same time, the

paper contains a correlation between all the expenses of the high – tech

technology companies and the number of employees in Romania and the

European Union.

Key words: correlation, employees, expenses, high-tech technology

companies.

1 Dept. of Economic Sciences and Business Administration, Transilvania University of Braşov.

1. Introduction

The present technological level of many

fields of activity like medicine,

aeronautics, software products and so on,

as well as the high interest in

implementing those technologies require a

close attention given to high – tech

technology companies.

The paper presents the evolution of two

indicators of high-tech technology in

Romania and in the European Union.

The objectives of this paper are:

-to analyze the evolution of total expenses

of the companies in the high-tech

technology sector and, at the same time,

the evolution of the employees from

those companies in Romania and in the

European Union;

-to make some predictions regarding the

total expenses and the personnel for the

next three years both in Romania and in

the European Union;

-to determine if there is any correlation

between the total expenses incurred by

the companies from high-tech sectors

and the number of employees from

these companies.

The analysis is based on official

statistical information (EUROSTAT) and

refers to a comparison between Romania

and the European Union average (27

countries).

2. High-tech technology companies

expenses in Romania and in the

European Union

The evolution analysis takes into

consideration five years, between 2006 and

2010, and the dates are expressed in

millions of euros.