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The activity of universities in the area of research and didactics plays an essential part which has an influence on the economic area of the state’s functioning through an implementation of new programmes which put an obligation on research and development entities to seek additional sources of financing. It is definitely a good sign but it might be that such activities, which are not backed up with any other activities, will have a cannibalistic impact on some scientific areas and those universities which operate in their field, or they may cause a regionalization of funds allotted on new conditions. Those processes that occur in the economy must relate to a wider framework of reference, which is durable in the respect of future legal determinants over a certain period of time. Only once such an assumption has been accepted, it will be possible to define a certain model of financing or manage finances on the level of higher education. It is also important whether we refer directly to a university or take into account the determinants concerning financing of higher education. The criterion and the methodology of the determination of goals changes fundamentally at this point. In the first scope, we will deal with the definition of the goal on the grounds of the financial conditions of the institution which implements the curriculum; the objectives are established on the grounds of the compulsory curricula, requirements to pursue scientific and research activities, but also they are based on the recommendations defined in the directives and strategies, which constitute an essential element of an adaptation to the joint conditions on the international level, or a level connected e.g. with an implementation of the successive steps of the competitiveness and innovation of the European economy. Received: July, 2010 1st Revision: September, 2010 Accepted: October, 2010 JEL Classification: I23, P2

economics and sociology

FINANCING OF THE SCIENTIFIC AND RESEARCH ACTIVITY OF A UNIVERSITY IN THE PERSPECTIVE OF THE CHANGEABLE CRITERIA OF A KNOWLEDGE BASED ECONOMY AND INTERNATIONAL ASPECTS