Small Firms and Entrepreneurship in Central and Eastern Europe 2002
DOI: 10.1007/978-3-642-57460-3_11
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Supporting Innovation Through Institution Building in Central and Eastern Europe: Between Visions and Realities

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“…There are significant trade-offs between the two modes of technological modernisation (Radosevic, 2021). In a nutshell, foreign-led technological modernisation leads to fast growth in the short term but suffers from potential structural weakness in the long term.…”
Section: Aligning Foreign and Domestic Led Technological Modernisatio...mentioning
confidence: 99%
“…There are significant trade-offs between the two modes of technological modernisation (Radosevic, 2021). In a nutshell, foreign-led technological modernisation leads to fast growth in the short term but suffers from potential structural weakness in the long term.…”
Section: Aligning Foreign and Domestic Led Technological Modernisatio...mentioning
confidence: 99%
“…This leads to growing scientific interest in the study of innovation development issues. After a ten-year period of transformations in EE countries (macroeconomic policies, privatization, development of institutions), the formation of innovative potential in the region remains a challenge (Radosevic and Walter, 2002). Radosevic and Auriol (1999) have come to a conclusion that there are different levels of expenditure and employment in research and development spheres in CEE countries, which leads to their affiliation with the developed and less developed countries compared to OEEC/EU countries (Radosevic and Auriol, 1999).…”
Section: Literature Reviewmentioning
confidence: 99%