Role and Challenges of Innovation Policy in Hungary, as a Transition Economy – From the Perspective of the EU’s Revised Lisbon Strategy
Role and Challenges of Innovation Policy in Hungary, as a Transition Economy – From the Perspective of the EU’s Revised Lisbon Strategy
Author(s): Tamás Polgár
Subject(s): EU-Accession / EU-DEvelopment
Published by: Kossuth Kiadó Zt.
Summary/Abstract: A key challenge for the enlarged European union (Eu27), but particularly for Central- and Eastern European member countries is to maintain competitiveness by adapting to the requirements of the ‘learning economy’. These challenges are given clear emphasis by the Eu’s Lisbon strategy, but transition economies in the East-Central European region, such as hungary, need to overcome particularly severe obstacles. despite relatively good economic performance following the first years of transition, it is becoming abundantly clear that the development path based primarily or solely on foreign investments driven by cheap labour has no long term prospects; rather, innovative activities of indigenous firms geared towards international markets and all forms of knowledge creation, dissemination and exploitation should be promoted by governments, by creating incentives and favourable framework conditions.
Book: New perspectives for the EU team presidencies: New members, new candidates and new neighbours
- Page Range: 207-249
- Page Count: 43
- Publication Year: 2008
- Language: English
- Content File-PDF
