Innovation ecosystem in Romania

The Embassy of the United States is pleased to invite innovation experts from U.S. universities, the U.S. Small Business Administration, and Hubspot to an event exploring, though dialogue with other international experts, how to create, nurture and maximize an innovation ecosystem in Romania. For conference details: http://innoteque.com/.

Over many years, the United States Government and the U.S. Embassy in Bucharest have been encouraging entrepreneurship and innovation as a source of growth and prosperity for Romania. Creating a strong innovation ecosystem in Romania can bring our countries closer together as we work to enhance our prosperity and create opportunities for new generations entrepreneurs.

For the United States, innovation is a source of economic growth and a powerful tool for addressing today’s most pressing challenges as a nation – such as enabling more Americans to lead longer, healthier lives, and accelerating the transition to a low-carbon economy. In fact, from 1948-2012 over half of the total increase in U.S. productivity growth, a key driver of economic growth, came from innovation and technological change.