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Managing innovation systems in transition economies

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  • Tomislav Baković

    ()
    (Faculty of Economics and Business, University of Zagreb)

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    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.

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    File URL: http://web.efzg.hr/repec/pdf/Clanak%2010-01.pdf
    File Function: First version, 2010
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    Bibliographic Info

    Paper provided by Faculty of Economics and Business, University of Zagreb in its series EFZG Working Papers Series with number 1001.

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    Length: 11
    Date of creation: 17 Mar 2010
    Date of revision:
    Handle: RePEc:zag:wpaper:1001

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    Related research

    Keywords: national innovation system; economic development; transition economies;

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