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Toward Innovation-driven Growth: Innovation Systems and Policies in EU Member States of Central Eastern Europe

Author

Listed:
  • Alexandra Bykova

    (The Vienna Institute for International Economic Studies, wiiw)

  • Viktrória Döme
  • Richard Grieveson

    (The Vienna Institute for International Economic Studies, wiiw)

  • Francesca Guadagno

    (The Vienna Institute for International Economic Studies, wiiw)

  • Doris Hanzl-Weiss

    (The Vienna Institute for International Economic Studies, wiiw)

  • Nadya Heger

    (The Vienna Institute for International Economic Studies, wiiw)

  • Niko Korpar

    (The Vienna Institute for International Economic Studies, wiiw)

  • Sebastian Leitner

    (The Vienna Institute for International Economic Studies, wiiw)

  • Jan Muś
  • Magdolna Sass
  • Bernd Christoph Ströhm

    (The Vienna Institute for International Economic Studies, wiiw)

  • Andrea Szalavetz
  • Marina Tverdostup

    (The Vienna Institute for International Economic Studies, wiiw)

  • Zuzana Zavarská

Abstract

This study builds on our previous analyses of a new growth model for the EU member states of Central and Eastern European (CEE), focusing on fostering innovation-driven development. We aim to explain the types of innovation systems and policies that enhance domestic innovation capabilities, drawing on global best practices. A critical evaluation of the current innovation landscape in EU-CEE countries is conducted, particularly in the context of the green and digital transitions. The study assesses the strengths and weaknesses of both national innovation initiatives and opportunities provided by EU industrial and technology policy frameworks. Based on these insights, we offer actionable policy recommendations to promote innovation-driven growth, enhance productivity, and boost economic convergence over the medium term, taking into account the unique political and historical contexts of the EU-CEE countries. Additionally, we prepare country-specific briefing notes tailored to the individual development needs and opportunities of each nation.

Suggested Citation

  • Alexandra Bykova & Viktrória Döme & Richard Grieveson & Francesca Guadagno & Doris Hanzl-Weiss & Nadya Heger & Niko Korpar & Sebastian Leitner & Jan Muś & Magdolna Sass & Bernd Christoph Ströhm & Andr, 2024. "Toward Innovation-driven Growth: Innovation Systems and Policies in EU Member States of Central Eastern Europe," wiiw Research Reports 476, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:rpaper:rr:476
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    References listed on IDEAS

    as
    1. Slavo Radosevic, 2017. "Upgrading technology in Central and Eastern European economies," World of Labour, LISER, pages 338-338, February.
    2. Stojčić, Nebojša & Srhoj, Stjepan & Coad, Alex, 2020. "Innovation procurement as capability-building: Evaluating innovation policies in eight Central and Eastern European countries," European Economic Review, Elsevier, vol. 121(C).
    3. Radosevic, Slavo, 1998. "The Transformation of National Systems of Innovation in Eastern Europe: Between Restructuring and Erosion," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 7(1), pages 77-108, March.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Matteo Ferrazzi & Francesca Guadagno & Doris Hanzl-Weiss & Jochen Schanz & Tomáš Slačík & Robert Stehrer, 2025. "The future of the EU's competitive position: The role of Central Eastern European countries," wiiw Policy Notes 93, The Vienna Institute for International Economic Studies, wiiw.
    2. Rodion Sevastyanov, 2025. "Development of startup ecosystems in Ukraine and the European Union: Challenges and opportunities," Management and Business Articles, Management and Business, vol. 3(2), pages 51-65, December.
    3. Chiara Castelli & Ronald B. Davies & Javier Flórez Mendoza & Mahdi Ghodsi & Francesca Guadagno & Francesca Micocci & Armando Rungi, 2025. "Harnessing FDI for innovation and green growth in the EU: Some evidence-based policy recommendations," wiiw Policy Notes 97, The Vienna Institute for International Economic Studies, wiiw.

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    Keywords

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    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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