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232Sustainable Development strategy of business envi<strong>ro</strong>nment f<strong>ro</strong>m Dolj, Olt, Pleven, Vidin and Montana regionSustainable <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velopment strategy of business envi<strong>ro</strong>nmentf<strong>ro</strong>m Dolj - Olt - Pleven - Vidin – Montana regionSustainable <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velopment strategy of business envi<strong>ro</strong>nment f<strong>ro</strong>m the region is consi<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ring the followingobjectives:• I<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ntification of a common action plan in Dolj region - Olt - Pleven - Vidin - Montana for the sustainable<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velopment of the business envi<strong>ro</strong>nment;• I<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ntify business opportunities for the SMEs in Dolj region - Olt - Pleven - Vidin - Montana to imp<strong>ro</strong>vethe value of p<strong>ro</strong>ducts, p<strong>ro</strong>cesses and their services;• I<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ntifying investment opportunities in Dolj region - Olt - Pleven - Vidin – Montana.Vision and Strategy ObjectivesVision strategy: Dolj region - Olt - Pleven - Vidin - Montana economic and social <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velop th<strong>ro</strong>ugh a dynamicbusiness envi<strong>ro</strong>nment, able to adapt quickly to the p<strong>ro</strong>gress. This is supported by specialized agencies of governmentat all levels to create an enabling framework and regional opportunities and resources used in all other sectors:education, human resources, legal, and information technology, envi<strong>ro</strong>nmental and cultural heritage.We start f<strong>ro</strong>m the premise that the business envi<strong>ro</strong>nment in the region will <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velop in line with Eu<strong>ro</strong>pean policiesfor adapting to global market trends and consumer needs i<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ntified in the Eu<strong>ro</strong>pean and international markets.Thus, we consi<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>r that at Eu<strong>ro</strong>pean level in terms of strengthening business <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velopment of innovation,according to Eu<strong>ro</strong>pean Commission communication f<strong>ro</strong>m October 2010 38 – “Innovation union” as a central partof Eu<strong>ro</strong>pe 2020. Moreover, at Eu<strong>ro</strong>pean level is the focus of EU funding instruments to the priorities of the Initiative“Innovation union”.The main objectives of the initiative “Innovation union” are 39 :1. strengthening the knowledge base and reduce fragmentation of Eu<strong>ro</strong>pe by p<strong>ro</strong>moting excellence ineducation and skills <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>velopment, creating the Eu<strong>ro</strong>pean Research Area and support the Eu<strong>ro</strong>pean Instituteof Innovation and Technology.2. transform good i<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>as into marketable p<strong>ro</strong>ducts - by imp<strong>ro</strong>ving access to finance for innovative companies,creating a single market for of innovation, p<strong>ro</strong>moting openness and exploitation of Eu<strong>ro</strong>pe’s creative potential3. elimination of social and geographical disparities - by extension, in Eu<strong>ro</strong>pe, the benefits of of innovation,focusing on intelligent and encouraging specialization in public and social of innovation.4. pooling together resources to achieve major breakth<strong>ro</strong>ughs - by launching specific initiatives,called “partnerships for innovation”, which aim to remove all existing obstacles to the <st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>mand and supplyand make so that Eu<strong>ro</strong>pean citizens enjoy as quickly the benefits of innovation.By p<strong>ro</strong>moting this initiative the Member States should substantially imp<strong>ro</strong>ve the existing structural fundsfor research and innovation, helping citizens acquire the necessary skills, imp<strong>ro</strong>ving performance and implementingstrategies of national and transnational p<strong>ro</strong>jects smart specialization but also to initiate the preparationof post-2013 structural Funds, with an emphasis on innovation and smart specialization.It is also important that the Eu<strong>ro</strong>pean policies is encouraged use by Member States and regions of selfassessmenttool on the characteristics of effective research and innovation systems at regional nationals.In this context, possible directions for Eu<strong>ro</strong>pean policy objectives i<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ntified by the principal social partnersat Eu<strong>ro</strong>pean Union level - BUSINESS EUROPE 40 - as being:38 http://www.adrmuntenia.<strong>ro</strong>/imagini/upload/9ouniuneainovarii<strong>ro</strong>.pdf39 http://ec.eu<strong>ro</strong>pa.eu/commission_2010-2014/tajani/hot-topics/innovation-union/in<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>x_<strong>ro</strong>.htm40 BUSINESSEUROPE represents the Eu<strong>ro</strong>pean Employers’ Confe<st<strong>ro</strong>ng>de</st<strong>ro</strong>ng>ration, representative body at Eu<strong>ro</strong>pean level for more than 20million small, medium and large companies.