CIRD Economy (research center) is a scientific research unit within the Faculty of Economy at the Canadian Institute of Technology (CIT) in Tirana, Albania. The unit focuses on promoting scientific research and innovative ideas that contribute to the fields of economy like business administration, business administration and IT, innovation, finance, bank, accounting, digital marketing etc. Its mission aligns with the broader goals of CIT, which include developing critical thinking, analytical skills, and creativity among students.

CIRD Economy aims to:

• Support scientific research that translates into practical applications and projects benefiting society.
• Foster innovation in economic practices, particularly in the context of Albania’s transition to a circular economy.
• Engage students and faculty in collaborative projects that address contemporary economic challenges.

The unit also plays a role in organizing events, such as conferences that discuss the transition from linear to circular economies, highlighting the importance of sustainable practices in business.

CIRD Economy serves as a vital component of CIT’s commitment to advancing education and research in economic disciplines, fostering a culture of innovation and sustainability among its students and the broader community.

Key Contributions

• Support for Scientific Research: CIRD Economy actively engages in research initiatives that lead to new ideas and projects. This research not only enhances academic knowledge but also translates into practical applications that benefit society, aligning with the faculty’s mission to improve human life and societal progress.
• Innovation Promotion: The unit emphasizes the importance of innovative thinking in economics. By encouraging creativity and originality among students and faculty, CIRD Economy helps cultivate the critical thinking and problem-solving skills that are essential for future leaders in the field.
• Educational Integration: CIRD Economy is integrated into the educational framework of the Faculty of Economy, providing students with opportunities to engage in research projects and debates. This hands-on experience complements their academic studies and prepares them for real-world challenges.
• Community Engagement: The unit organizes events such as open debates and discussions on relevant economic issues, fostering a culture of dialogue and collaboration within the academic community. This engagement not only enriches the educational experience but also encourages students to apply their knowledge in practical contexts
• Interdisciplinary Research: The unit engages in interdisciplinary research across various economy disciplines.
• Publications and Knowledge Dissemination: CIRD Economy actively publishes reports, research findings, contributing to the academic community and industry knowledge.
• Outreach Programs: CIRD Economy engages with local industries to identify their technological needs and challenges. This collaboration helps bridge the gap between academia and industry, ensuring that research efforts are relevant and impactful.
• Workshops and Conferences: The unit organizes workshops and conferences aimed at promoting innovation and sharing knowledge among students, faculty, and industry professionals. These events foster a culture of continuous learning and professional development within the business and entrepreneurs community.