Slavo Radosevic

University College London | UCL · School of Slavonic and East European Studies

This handbook is currently in development, with individual articles publishing online in advance of print publication. At this time, we cannot add information about unpublished articles in this handbook; however, the table of contents will continue to grow as additional articles pass through the review process and are added to the site. Please note...

The exact nature of industrial/innovation (I/I) policy challenges and the best way to address them are unknown ex ante. This requires a degree of experimentation, which can be problematic in the context of an accountable public administration and leaves the question of how to reconcile the experimental nature of I/I policy with the need for public...

This paper explores the pace and direction of technological development by using a technology upgrade conceptual and measurement framework. This approach is applied to a sample of 164 economies worldwide between 2002 and 2019. Within the framework of technology upgrading, the paper focuses on digitalisation and “greening” as its two significant str...

Executive Summary: SPECA economies` drivers of growth are excessively tied to natural resource-based industries, including agriculture. They are outside of Global Value chains (except in natural resource-based sectors) and have weak innovation systems. Within that context, new industrial policy is an emerging set of policy thinking and practices th...

We analyse the growing literature on technological catch-up since the 1980s to identify its intellectual bases and evolution. The analysis uses co-occurrence and co-citation techniques to explore trends in keywords, journals, documents, and authors. In the 1980s, the area was characterised by two unrelated streams of work on macroeconomic growth an...

CDM (Crépon, Duguet and Mairesse, 1988) is a workhorse model in the economics of innovation, which explains productivity in a three-stage procedure driven initially by R&D and leads to patents and then to productivity improvements. Based on the logic of this model, an increasing number of papers applies it to emerging economies but modifies the ori...

The beneficial effects of innovation for firm performance and competitiveness are well established but it has been suggested in recent years that innovation regimes differ between advanced and emerging economies. While advanced economies rely on knowledge generation, their emerging counterparts follow mainly knowledge use regime through the applica...

This essay is an interpretative survey that explores the post-socialist transformation in Eastern Europe and the former Soviet Union (EE&fSU) from a neo-Schumpeterian perspective. It argues that we cannot understand the challenges of technological upgrading of the post-socialist region if we only adopt the lens of what can be termed transition econ...

This paper explores the determinants of productivity gaps within the European Union in computing, chemicals, basic metals and food manufacturing – four sectors that vary in terms of the intensity of sectoral R&D. Our analysis reveals that the main causes of these productivity gaps are intensity of unembodied or disembodied R&D activity and R&D embo...

Ovaj rad predstavlja trenutno razumijevanje uloge javnog istraživanja i razvoja (I&R) u ekonomskom rastu i veze nauke i privrede u ekonomijama srednjeg nivoa dohotka, poput Bosne i Hercegovine (BiH). U drugom dijelu predstavljamo konvencionalno viđenje veza nauke i privrede koje te veze razmatra prvenstveno u smislu jednosmjernog prijenosa znanja i...

The paper presents the current understanding of the role of public R&D in economic growth and the science–industry links from middle-income economies like Bosnia and Herzegovina (BiH). In the second part, we present the conventional view on science–industry links which see these linkages primarily in terms of a one-way transfer of knowledge or its...

This paper explores the differences in labour productivity between five firm clusters, distinguished based on firm size, resource capabilities and geographic scope of a firm market (national vs. international), using a k-means clustering approach and panel data for EU Small Medium and Large enterprises. The study is embedded into the framework of s...

--some text from this Introductory chapter of the book: "The linkage from innovation to growth also means that if the process of building technological capabilities is not effective, long run economic growth itself will be derailed or slow. This book starts from the recognition that this is the case for some of emerging economies or many countries...

The chapter applies a newly developed approach to technology upgrading to a sample of sixteen economies during 2002–16. The “Index of Technology Upgrading” is based on three complementary, but autonomous components that proxy for three different dimensions of the technology upgrading process: scale or intensity of technology activities (A); breadth...

This book synthesizes and interprets existing knowledge on technology upgrading failures as well as lessons from successes and failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together in one volume diverse evidence regarding three major dimensions of technology upgrading...

Following long-standing calls to investigate information and communication technology (ICT) sector development in lesser-developed economies, this study examines the sector’s rapid emergence in Ukraine utilizing a catch-up cycle conceptual framework. Ukraine is a unique case due to the country’s location in Eastern Europe, the sector’s explosive gr...

The globalisation trend of the past few decades, driven to a large extent by the proliferation of GVCs, has led to a set of significant changes in patterns of technology upgrading and new modes of interaction between domestic technology efforts and external sources of technological knowledge. Whether this new dynamic will lead to continuing increas...

From a comparative economics perspective, entrepreneurship is a property of both individuals and, also, countries and their innovation systems. Based on this, the chapter explores the issue of entrepreneurial propensities of different types of capitalist economies. We discuss three analytical approaches which are relevant for exploring the relation...

The book is aimed at systematizing the empirical evidence on processes of modernization in CEEC in focusing on the role of international industrial networks in corporate growth and industrial restructuring in three central European (Poland, Hungary, and the Czech Republic) and two eastern European states (Russia and Ukraine).

The R&D and technology issues of relevance for catching up cannot be understood or conceptualized only within the R&D-based growth model. With this motivation in mind, we have created a composite indicator of innovation capacity and performance of the CEECs, as well as of the EU25, which is meaningful from the perspective of countries lagging behin...

Historically, SMEs have been seen as playing an essential role in facilitating industrial dynamics and contributing to employment creation and generation of value-adding across advanced economies but also increasingly in emerging and developing countries. However, post-2008 European economies have experienced a notable slowdown in productivity grow...

The working paper develops a methodology for a benchmarking innovation policy in emerging and catching up economies. The methodology takes the form of an index which defines innovation policy as a set of policy measures (financial, regulatory, informational) to support not only the generation and diffusion of new products, processes or services but...

The European Association for Evolutionary Political Economy (EAEPE) seeks to institutionalize and to deepen the involvement of and exchange with young scholars and student initiatives at the association's Annual Conference. One of the key forums for young scholars at EAEPE is the annual pre-conference, a series of workshops by distinguished scholar...

Our main research question is whether firms in emerging markets like CEE have all the attributes of developed entrepreneurial orientation (EO) or whether the specific external constraints and opportunities affect their EO. The picture that emerges from our analysis is sharply different from the dominant ‘individual – opportunity nexus’ as depicted...

The initial opening of China and India coupled with the opening of the former socialist countries in the 1990s led to the integration of 40% of the global labour force into the world economy, causing large-scale effects regarding market integration, catching up, and income distribution. This trend has been defined as ‘Shifting wealth I’ (OECD, 2010...

This paper explores technology upgrading of BRICS economies based on a three-pronged approach, which distinguishes between the intensity of technology upgrading, structural change and global interaction. We develop a statistical framework based on patent indicators to measure technological upgrading and apply it to BRICS economies in the period 198...

This report gives an overview of the Western Balkan region, looking at challenges and emerging potentials for innovation. It presents tools and methodologies available at the JRC to support an innovation agenda for economic transformation inspired by smart specialisation. Each challenge is supported by a concrete implementation example.

Smart specialisation is currently probably the largest innovation policy experiment in the world. Its aim is to move the EU less developed countries and regions on path of R&D-based growth. This transformation requires not only endogenous knowledge and technology accumulation building but also coupling with international knowledge and production ne...

The report presents the results of the online survey about research and policy support needs for innovation in the South-East Europe. The questionnaire was distributed to 360 participants in Croatia as well as the other six selected South East European countries (SEE): Albania, Bosnia and Herzegovina, Croatia, Kosovo, Montenegro and Serbia. 127 par...

This contribution studies the technological capabilities of Central and Eastern European (CEE) economies based on priority filings for the period of 1980–2009. From a global perspective, the indicators suggest a division of labour in technological activities among world regions whereby Europe, Latin America and the former USSR are specializing in s...

The future growth of Central and Eastern Europe (CEE) depends on upgrading technology, exporting and coupling domestic technology efforts while improving their position in global value chains. Current policies in the region are not geared to these tasks, despite the availability of huge financial opportunities in the form of EU structural funds. Ex...

The 2008 global financial and economic crisis has disturbed the evolution of research and innovation (R&I) policies in Europe and it continues to have significant consequences. This article reviews the evolution of and changes in R&I policy funding and measures before and in the aftermath of the crisis, and analyses reactions in three groups: South...

This paper discusses why we need a theory and metrics of technology upgrading. It critically reviews existing approaches to technology upgrading, and proposes a theoretically relevant and empirically grounded intermediate conceptual and statistical framework to illustrate the types of challenges facing economies with different levels of income. It...

The chapter explores the effects of public R&D on productivity and growth. We summarise the main stylised facts and show that our understanding of the benefits of public R&D is limited and that a broader approach is needed which takes account of a wider range of benefits from public R&D. Specifically, we explore these issues in the context of Centr...

This report measures patterns of technology upgrading as three-dimensional process which consists of (i) intensity of technology upgrading, (ii) structural change, and (iii) interaction with the global economy. All three dimensions have strong grounding in the respective literatures on firm level technology upgrading, on structural change and growt...

We explore the issues of measurement of technology upgrading of the economies moving from middle to high income status. In particular, our focus is on the central and eastern European economies (CEE) within the context of sample of 42 economies ranging from lower middle income to upper high income level economies

Observing the CEE members of the EU (EU10 countries) from a distance, they certainly used to share major structural similarities given their historical legacies, as well as certain ‘unifying’ effects of their transition to market economy and democracy. Yet, a closer look reveals important elements of diversity in (a) the structure of their national...

Knowledge intensive entrepreneurship lies at the core of the structural shift necessary for the growth and development of a knowledge based economy, yet research reveals that the EU has fewer young leading innovators, and Europe's new firms do not adequately contribute to industrial growth. This is especially true in the high R&D intensive, high-te...

The New Structural Economics and (neo)Schumpeterian approaches aspire to be new paradigms in development policy, while Transition Economics has de facto been operating as such a paradigm in the context of Eastern Europe and FSU. They all represent powerful heuristics with farreaching implications on different policy areas. In policy terms, Eastern...

This issue of Journal of Economic Policy Reform is unique, in that, for the first time, it brings into direct communication the ideas of Transition Economics and New Structural Economics (NSE). Is NSE a real alternative for post-socialist countries? These and other issues are in the focus of this review contribution

We explore the relationship between development policies, finance and growth as approached by New Structural Economics (NSE) with special reference to Transition Economies (TEs). On a sample of 164 economies for 1963–2009, our analysis confirms NSE propositions that the type of development policies, as captured by the Technology Choice Index (TCI),...

This working paper explores patterns of technology upgrading as a three-dimensional process which consists of (i) intensity of technology upgrading, (ii) structural change, and (iii) interaction with the global economy. The specificity of our report is that we depict patterns of technology upgrading by relying entirely on patent data. We derive pat...

A national innovation policy mix comprises the measures that address the innovation policy challenges of the country in question. The data series of the Erawatch and INNO Policy TrendChart initiatives of the European Commission provide a unique opportunity to explore the profiles of the national innovation policy mixes and their evolution during th...

?Skolkovo? innovation city near Moscow is Russia?s latest high-profile manifestation of a policy shift towards diversification and innovation based growth. This paper aims to understand the institutional, historical and comparative contexts at an early stage when implementation in Skolkovo has just begun. It also aims to analyse the opportunities a...

This paper explores the changing role of world regions (North America, EU15, South EU, Central and Eastern Europe (CEE), Former-USSR, Latin America, Asia Pacific and the Middle East) in science from 1981 to 2011. We use bibliometric data extracted from Thomson Reuter’s National Science Indicators (2011) for 21 broad disciplines, and aggregated the...

This paper explores the changing role of world regions (CEE, EU15, South EU, Former USSR, North America, Latin America, Asia Pacific and the Middle East) in science base with special reference to EU15 (developed EU) and Central and Eastern Europe (CEE) in 1981-2011 period based on bibliometric data. The data are extracted from Thomson Reuter’s Nati...

This paper takes an innovation system approach to analysing the development of wind energy in three jurisdictions: the EU, USA and China. The paper builds on and extends previous innovation system studies on wind in two ways. First, it focuses on the interactions over time between policy and innovation system dynamics, in order to highlight lessons...

This report draws lessons from the comparison of (i) the research and innovation policy mix implemented in the EU27 countries plus Norway and Switzerland with (ii) their innovation performance. The analysis uses (i) the description of research and innovation policy measures which the INNO-Policy TrendChart and ERAWATCH have collected and (ii) the p...

This paper summarises the work of an expert group reporting to the Ministry of Education and Science and the Ministry of Economy of the Republic of Lithuania. The paper is based on a background report, ‘Lithuanian R&D, studies and innovation status analysis 2012’, prepared by MOSTA. Based on this background analysis, the expert group was asked ‘to...

This research investigates the mutual and diverging factors for successful and less successful innovations in software and manufacturing of machine tools in Central and Eastern Europe (CEE). We apply univariate and multivariate analyses on 115 indicators by revisiting the seminal SAPPHO project based on the analysis of pairs of innovations and cond...

This paper explores the determinants of productivity in the countries of Eastern Europe (EE) through the perspective of ‘narrow’ and ‘broad’ national systems of innovation (NSI). Based on panel econometrics, it examines the extent to which systems in EE could be considered ‘(in)efficient.’ Our results suggest that the EE countries have lower levels...

A majority of the countries of SEE are so-called ‘catching-up’ economies.1 This basically means that their enterprises operate largely behind the technological frontier, by using the best available foreign technologies and by competing on the basis of production capability. However, catching up is not a process of mere imitation; it requires adapta...

This paper develops an analytical framework, namely the concept of entrepreneurial propensity of innovation systems by integrating knowledge intensive entrepreneurship (KIE) and innovation system (IS) concepts. It first uses a composite index methodology to measure knowledge intensive entrepreneurship and entrepreneurial opportunities at the nation...

This paper reviews the emerging literature on innovation policy from a practitioner’s perspective, reviews the policy implications of an evolutionary perspective in economics, and identifies newly emerging areas of innovation policy analysis. We show that an innovation system is a dominant policy discourse, that there are limits of policy implicati...

Deliverable Title D 2.2.2 " Innovation system and knowledge-intensive entrepreneurship: United Kingdom " Deliverable Lead: UCL Related Work package: WP 2.2 Author(s): Esin Yoruk, Mila Striukova and Slavo Radosevic (UCL) Dissemination level: Public Due submission date: 31/10/2011 Actual submission: 31/10/2011 Version Draft Project Number 225134 Inst...

This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be science-based or to use research and development intensively, in the East Central European (ECE) context. On the basis of case studies of thirteen knowledge-based firms in six ECE countries, we suggest that KBE firms in these countr...

This paper analyses the factors behind widespread policy failure to support science-industry linkages in Central and Eastern Europe (CEE) and Commonwealth of Independent States (CIS) countries. We explain this failure as being due largely to uncritical application of conventional policy wisdoms in the context of ‘catching up’ and ‘laggard’ economie...