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ECO-INNOVATION IN THE REPUBLIC OF MOLDOVA – DEVELOPMENT PREMISES

Tatiana PĂDURARU, PhD student

Academy of Economic Studies of Moldova

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Universal Decimal Classification: 504.75:001.895+330.3

JEL Classification: Q0, O3, F43

 Abstract

The transition to a greener and more prosperous society is possible by promoting innovations that address current and future environmental problems, decreasing energy and resource consumption, while promoting sustained economic activities. Thus, a new type of innovation appears, namely, eco-innovation. This article summarizes the steps taken by the Republic of Moldova through the programs and strategies that encourage sustainable innovation and sustainable development, and brings to the attention of the Moldovan academic environment a new topic, which tends to become an area with a significant impact on the national economy. Thus, the paper carries out an analysis of the national context in Moldova for the development of eco-innovation, analyzes the existing conditions and identifies the main barriers. The author also identifies the main premises and directions that support the development of eco-innovation and elaborates the constitutive elements of the concept of eco-innovation in Moldova, from the perspective of consumers and the business environment. The methodology is based on methods of analysis and synthesis, interpretation and relevant comparisons. The results of the research highlight the fact that Moldova has potential for the development of eco-innovation, but it still does not have a clear policy and a legislative framework to support eco-innovation.

Keywords: sustainable development, eco-innovation, Republic of Moldova, strategies, development directions