Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Igniting Innovation: Rethinking the Role of Government in Emerging Europe and Central Asia
    Igniting Innovation: Rethinking the Role of Government in Emerging Europe and Central Asia
    Igniting Innovation: Rethinking the Role of Government in Emerging Europe and Central Asia
    Ebook143 pages3 hours

    Igniting Innovation: Rethinking the Role of Government in Emerging Europe and Central Asia

    By Itzhak Goldberg, John Gabriel Goddard, Smita Kuriakose and Jean-Louis Racine

    ()

    Read preview

    About this ebook

    Innovation and technology absorption are now firmly recognized 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 revitalizing 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 or badly implemented interventions can further hamper the development of an innovative and entrepreneurial culture among businesses and research communities.

    This book builds on the lessons from public institutions and programs to support innovation, both successful and failed, from Eastern Europe and Central Asia as well as China, Finland, Israel, and the United States. The lessons highlight the pitfalls of imitating models of government interventions from 'innovative' countries without having adequate systemic governance and institutional reforms. They underscore the need for intensified international R and D collaboration and foreign R and D investment to better integrate post-transition economies in the global R and D community. They spotlight further opening to FDI to encourage knowledge absorption. And they point to the importance of overhauling government support programs--especially financial ones--to address key pressures points along the innovation and commercialization continuum.

    We hope that the results and recommendations offered by this book will contribute to the discussion about how to relaunch innovation and technology adoption as a central part of the development and growth strategies of post-transition countries.
    LanguageEnglish
    PublisherWorld Bank Publications
    Release dateSep 22, 2011
    ISBN9780821387405
    Igniting Innovation: Rethinking the Role of Government in Emerging Europe and Central Asia

    Related to Igniting Innovation

    Related ebooks

    Technology & Engineering For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      On A Positive Path

      Aug 2, 2021

      Q. There has been significant activity in the African tech ecosystem. Do you see this sector growing, at least in terms of diversity of funding for fintech startups in Nigeria? Are there any figures to quantify or further illustrate this? A. Techno

      3 min read

    • Article

      Leapfrog Development

      Mar 4, 2021

      In 2016, a national strategy for innovation-driven development envisioned that by 2020, China would be a country of innovators with its own unique innovation system. In 2020, the Global Innovation Index 2020 compiled by the World Intellectual Propert

      1 min read

    • Article

      The Unicorn Phenomenon

      Feb 7, 2022

      The Unicorn Phenomenon
      3 min read

    • Article

      Toward Wider Openness

      Apr 28, 2022

      How will China’s improved business climate help the domestic and global economies supplement and reinforce one another? Representatives of foreign business communities share their insights on CDF Voice, a social media column of the China Development

      4 min read

    • Article

      Pushing the Boundaries

      Jan 10, 2018

      Pushing the Boundaries
      1 min read

    • Article

      Private Equity Provides More Pools Of Liquidi T Y

      Oct 28, 2023

      The amendments to Regulation 28 of the Pension Funds Act at the beginning of the year were warmly welcomed by local private equity (PE) players. As of January this year, investment limits on hedge funds and private assets had been split, and the allo

      4 min read

    • Article

      Private Equity Provides More Pools Of Liquidi T Y

      Oct 28, 2023

      The amendments to Regulation 28 of the Pension Funds Act at the beginning of the year were warmly welcomed by local private equity (PE) players. As of January this year, investment limits on hedge funds and private assets had been split, and the allo

      4 min read

    • Article

      Private Equity Provides More Pools Of Liquidi T Y

      Oct 28, 2023

      The amendments to Regulation 28 of the Pension Funds Act at the beginning of the year were warmly welcomed by local private equity (PE) players. As of January this year, investment limits on hedge funds and private assets had been split, and the allo

      4 min read

    • Article

      Minor Players, Major Drivers

      Apr 7, 2022

      If light is the way to dispel darkness, then Beijing-based Landsky Technology Group Co. Ltd. narrates a bright and fascinating way of displaying optical technology. “Light is no longer just for illuminating objects. A well-designed lighting scheme ca

      4 min read

    • Article

      Rising To The Top

      Sep 22, 2022

      The newest list of Top 500 Chinese enterprises, jointly unveiled by the China Enterprise Confederation (CEC) and the China Enterprise Directors Association on September 6, showed the entrants staged remarkable growth in 2021 amid an increasingly comp

      3 min read

    • Article

      Support To The Private Sector Is On The Rise

      Mar 18, 2022

      ▶ Links: Click this article’s entry in ‘Table of Contents’ on our website Stimulating the private sector has become the most promising option to achieve economic recovery especially that foreign governments and international donor organizations have

      6 min read

    • Article

      Fostering Financial Inclusion And Sustainable Growth

      Aug 2, 2021

      1. The financial services sector plays a pivotal role in the mobilization, allocation and consumption of financial resources. Looking at the current state of affairs, how has your business cushioned the negative effects of the COVID-19 pandemic in Bo

      1 min read

    • Article

      Innovation (not) At The Core

      Aug 2, 2019

      Innovation (not) At The Core
      3 min read

    • Article

      Why Strong Technology Leadership Matters To Europe's Future Competitiveness

      Oct 2, 2023

      • To maintain global competitiveness, European companies must master adopting and absorbing technology by building strong digital leadership. • Embracing a technology-driven business transformation can help European companies potentially generate an

      9 min read

    • Article

      Tech's Star Performers

      Jul 20, 2022

      Tech's Star Performers
      9 min read

    • Article

      A Season of Layoffs

      Jun 10, 2022

      A Season of Layoffs
      1 min read

    • Article

      A Budget for ‘Shubhkruta’

      Jan 21, 2022

      A Budget for ‘Shubhkruta’
      4 min read

    • Article

      On Top Of The Agenda

      Nov 19, 2020

      The author is a researcher with the Institutes of Science and Development, Chinese Academy of Sciences The Party leadership’s proposals for formulating the 14th Five-Year Plan (2021-25) as well as the long-term objectives through 2035 adopted at the

      4 min read

    • Article

      Flocking Together

      Dec 4, 2022

      This country has been struggling for decades to lift its productivity, the key driver of competitiveness and ultimately prosperity. We are sliding down international rankings. This inadequate performance is shaped in part by our geography, but more f

      2 min read

    • Article

      The Leadership Brief

      Jan 22, 2022

      The Leadership Brief
      1 min read

    • Article

      The Leadership Brief

      Jan 21, 2022

      The Leadership Brief
      1 min read

    • Article

      No Business As Usual; The Game Has Changed

      Jan 21, 2021

      Among the few books that are interesting and inspirational, Alfred Sloan’s My Years with General Motors lays out his brilliant managerial practices and provides insights into the new consumer economy that he and General Motors created over half a cen

      4 min read

    • Article

      From The Editor-in-chief

      Jul 22, 2023

      Just two years ago, the dark clouds of Covid-induced economic havoc came with a silver lining of dazzling shine: start-ups. The world saw the birth of several hundred ‘unicorns’—start-ups valued at or above $1 billion (Rs 8,200 crore). India too saw

      4 min read

    • Article

      'It's All About People'

      Dec 23, 2017

      'It's All About People'
      4 min read

    • Article

      Discovery Launches South Africa's First Global Discretionary Fund Manager

      Sep 30, 2022

      Discovery Group has launched Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world's leading asset mana

      2 min read

    Related categories

    Reviews for Igniting Innovation

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Igniting Innovation - Itzhak Goldberg

      Enjoying the preview?
      Page 1 of 1