Technology-intensive Foreign Investments and Economic Development Strategy in a Small Country
The EU Lisbon objective to increase the R&D investments to 3% of the GDP by 2010 cannot be achieved in a small country by simply increasing the public sector appropriations for R&D investments. The experience of Ireland and Singapore as well as various Central European transition countries shows that introduction of a proactive foreign investment strategy, closely coordinated with education, research, employment and other policies, is in a small country one of the most influential and virtually the only possibility for a radical increase of the knowledge intensity of the economy. An updated version of this working paper appeared in 2007 in TRAMES Journal of Social Sciences and Humanities. The original working paper is available from the author on request.
|Date of creation:||22 Oct 2005|
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