TECHNOLOGY TRANSFER AS AN ACCELERATOR FOR POST-PANDEMIC INDUSTRY RECOVERY

Lisa CRAIUT, Constantin BUNGAU

Abstract


The present paper evaluates the role of technology transfer (TT) in the post-pandemic recovery of the Romanian industry. It illustrates the current state of the industry in Romania, highlighting the effects of the COVID-19 pandemic in the context of demand shifts, production and operational challenges, supply chain disruptions, labor shortages and financial constraints. It identifies TT as a viable solution and as an accelerator for post-pandemic recovery, considering the need for research, development, and innovation to restart the industry. The paper examines the case of a Romanian production plant and describes various applicability scenarios for TT in a country which has been impacted by the pandemic and is also lagging in industrial performance compared to other European states.

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