Drivers of national innovative systems in transition: an Eastern European cross-country analysis
AbstractInnovation plays a crucial role in determining today’s economic growth patterns. But what enables some countries to innovate more than others? This paper employs in premiere a panel of sixteen Eastern European countries throughout their transition period exploring empirically the drivers of their innovative capacity using as a proxy the number of patent granted in the USA. The econometric analysis confirms the importance of R&D commitments and innovative tradition in the form of existing knowledge stock. Increased trade openness and intellectual rights protection determine higher international patenting, while the transition specific factors, such as structural industrial distortions or aggregated output drops, have a significant negative influence. Governmental funding and research performance of universities encourage more innovation at the technological frontier, while the business R&D funding in Eastern Europe is negatively correlated with it.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 7739.
Date of creation: 07 Mar 2008
Date of revision:
National innovative systems; Transitional Economies; Patents; Eastern Europe;
Find related papers by JEL classification:
- P2 - Economic Systems - - Socialist Systems and Transition Economies
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-03-15 (All new papers)
- NEP-IPR-2008-03-15 (Intellectual Property Rights)
- NEP-KNM-2008-03-15 (Knowledge Management & Knowledge Economy)
- NEP-TRA-2008-03-15 (Transition Economics)
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