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Innovation in Eastern Europe : a case study of Czech Republic

Author

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  • Kashcheeva, Mila
  • Nabeshima, Kaoru

Abstract

In this study we evaluate innovative performance of the economies of Central and Eastern Europe (CEE) based on the available statistics of innovation processes. We compare such country-level indicators as educational levels, investments in R&D, FDI, trade and licensing flows, patents and scientific articles, and find that the most developed CEE economies are also the most innovative. At the same time, as supported by the results of the interviews in Czech Republic, one of the top performers in the CEE region, its economy is facing a number of challenges that are similar to other middle-income countries around the world. We suggest addressing these challenges from the prospective of the Middle Income Trap, when a middle-income economy to sustain growth must learn to compete with advanced economies in high-skill innovation. Development of effective innovation policy should be a priority for the CEE countries to escape from the middle income trap.

Suggested Citation

  • Kashcheeva, Mila & Nabeshima, Kaoru, 2015. "Innovation in Eastern Europe : a case study of Czech Republic," IDE Discussion Papers 506, Institute of Developing Economies, Japan External Trade Organization(JETRO).
  • Handle: RePEc:jet:dpaper:dpaper506
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    File URL: https://ir.ide.go.jp/?action=repository_action_common_download&item_id=37671&item_no=1&attribute_id=22&file_no=1
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    More about this item

    Keywords

    Czech Republic; East Europe; Economic growth; Technological innovations; Innovation policy; Middle income trap; Central and Eastern Europe;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

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