Abstract
After 10 years of transformation and recovery the economies of the most of CEECs, including Russia, are recording positive growth rates. If this growth is to continue it will require, beside physical and human capital investments, new and further institution building. This has been obvious throughout the whole transition period in areas of macroeconomic policy, privatisation and other areas of establishing market economy. However, institution building for innovation was not given equal importance. Yet, growth literature tells us that the long-term growth and its sustainability in CEECs will rest not only on competitive markets but also on the emergence of systems of support to innovation.
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Radosevic, S., Walter, G.H. (2002). Supporting Innovation Through Institution Building in Central and Eastern Europe: Between Visions and Realities. In: Pfirrmann, O., Walter, G.H. (eds) Small Firms and Entrepreneurship in Central and Eastern Europe. Technology, Innovation and Policy, vol 14. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57460-3_11
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DOI: https://doi.org/10.1007/978-3-642-57460-3_11
Publisher Name: Physica, Heidelberg
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