Challenges for the Czech Republic's Competitive Performance in the Enlarged EU
AbstractThe new EU-entrants face double challenge on the Lisbon road to knowledge-based competitiveness. On the one hand, higher expenditure is required to improve the quality of research and education input and infrastructure, on the other hand, the innovation system changes are necessary to increase efficiency of expenditures. The example of the Czech Republic within EU-25, as to the export performance, productivity and R&D intensity of the so-called hi-tech activities, presents a more detailed analysis of competitive advantage sources and challenges in the less developed EU members. The analysis emphasizes the criterion of (in)completeness of the multinational value chain, which continues to consist mainly of segments with lower quality intensity (assembly operations) in these countries. This aspect plays a crucial role in international comparison of competitiveness within EU-25, and in assessment of success and political support of transition to knowledge-based economy.
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Bibliographic InfoArticle provided by University of Economics, Prague in its journal Prague Economic Papers.
Volume (Year): 2006 (2006)
Issue (Month): 1 ()
Postal: Editorial office Prague Economic Papers, University of Economics, nám. W. Churchilla 4, 130 67 Praha 3, Czech Republic
Find related papers by JEL classification:
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
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