Managing innovation systems in transition economies

Tomislav Baković ()
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Tomislav Baković: Faculty of Economics and Business, University of Zagreb

No 1001, EFZG Working Papers Series from Faculty of Economics and Business, University of Zagreb

Abstract: Successfully managing innovations has become the basic precondition for the development of both companies and national economies. At the national level governments are forming innovation systems whose primary goal is to create conditions at which science and technology can flourish and then transfer their findings trough private sector into new revolutionary products and services. Unfortunately not all countries have the same preconditions for creating such systems and transition economies due to many of their characteristics face serious difficulties. The aim of this paper is to first describe the role of innovations and innovation systems in economic development and then describe many problems transition countries face regarding this issue. After describing the main problems some of the measures that could be used to improve the current innovation output in transition economies are presented.

Keywords: national innovation system; economic development; transition economies (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Pages: 11
Date: 2010-03-17
New Economics Papers: this item is included in nep-ino, nep-knm and nep-tra
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zag:wpaper:1001

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