STUDY ON THE EVOLUTION OF THE ACTIVITY OF MOLDOVA INNOVATION TECHNOLOGY PARK RESIDENTS

Abstract

IT in Moldova has become an increasingly visible source of economic growth. In this context, the rapid development of the IT industry has also led to the development of legislation in this field. Thus, the IT sector is stimulated by the state, benefiting from a more advantageous tax regime, with a one-off 7% sales tax. The rebranding of the Moldova Innovation Technology Park has the vision of making Moldova a top destination for tech and innovation services and products. In order to examine the evolution of Moldova Innovation Technology Park residents' activity, we conducted research on entities in this sector, looking at four consecutive financial periods (2018-2021), the first two of which were in a normal environment, while the years 2020-2021 are marked by the pandemic context. In order to investigate the activity of residents Moldova Innovation Technology Park operated with methods and techniques specific to economic and financial analysis, such as: absolute and relative deviations, growth indices, graphs, etc. The results obtained, exceeded expectations, since there are over 15 thousand employees in 960 resident entities, with an average monthly salary per employee of over 1800 euros, and, sales revenue constitutes 6.9 billion MDL, of which about 86% makes up export in eligible sales revenue.