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Managing innovation systems in transition economies

Tomislav Baković orcid id orcid.org/0000-0003-0120-0082 ; 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.

Keywords

national innovation system; economic development; transition economies

Hrčak ID:

136970

URI

https://hrcak.srce.hr/136970

Publication date:

17.3.2010.

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