Innovation and technology absorption are now firmly recognised as one of the main sources of economic growth for emerging and advanced economies alike. That is why innovation is seen as a possible catalyst for revitalising post-transition economies hit hard by the recent financial and economic crisis. Is government intervention needed to foster innovation in post-transition economies? This is the central question to which this book responds. The answer is yes, but a qualified yes. Innovation activities are rife with market failures that tend to hold back private investment. And badly designed...
Innovation and technology absorption are now firmly recognised as one of the main sources of economic growth for emerging and advanced economies alike...
Job creation and productivity growth are at the forefront of the global development agenda. The central challenge today for the government of Georgia is to find sources of long-term economic growth, particularly through private sector development. This study seeks to identify determinants of high-growth entrepreneurial activity. The stusy uses data from the new 2012 World Bank Entrepreneurship Survey conducted to gauge new firm growth in the formal sector in Georgia and data from World Bank Enterprise Surveys to analyze innovative activity in existing firms. It includes detailed case study...
Job creation and productivity growth are at the forefront of the global development agenda. The central challenge today for the government of Georgia ...
Job creation and productivity growth are at the forefront of the global development agenda. This is particularly relevant for Azerbaijan, whose government faces a central challenge to create conditions that will facilitate growth in nonoil tradable sectors. This study seeks to identify determinants of high-growth entrepreneurial activity. The stusy uses data from the new 2012 World Bank Entrepreneurship Survey conducted to gauge new firm growth in the formal sector in Azerbaijan and data from World Bank Enterprise Surveys to analyze innovative activity in existing firms. It includes detailed...
Job creation and productivity growth are at the forefront of the global development agenda. This is particularly relevant for Azerbaijan, whose govern...
The central challenge facing the government of Armenia today is the need to transform its economic infrastructure into one that, in the medium term, is resilient to external shocks. To do so, it needs to find new sources of long-term economic growth that will enable it to become an upper-middle-income country. Crucial to achieving this objective is a dynamic and vibrant private sector, and in particular entrepreneurial activity, which generates new businesses and fosters competition and economic growth. Fostering Entrepreneurship in Armenia uses data and in-depth case studies to...
The central challenge facing the government of Armenia today is the need to transform its economic infrastructure into one that, in the medium term, i...