Inovarea. Stat si Corporatii

This study aims to frame the innovation process between the two sectors of the economy: public and private. Innovation is recognized as the basis for long-term economic development, issues raised by Kondratiev and Schumpeter. Innovation also cause so-called long-term economic cycles. Article aims to highlight the need for cooperation between states and corporations to support and promote innovation processes. It can not belong or should not belong exclusively to only a sector or another. Each has a well defined role and a sound economic development can not be obtained only through public-private collaboration in terms of innovation.