PATTERNS OF FUTURE-ORIENTATION IN CENTRAL AND EASTERN EUROPE

PATTERNS OF FUTURE-ORIENTATION IN CENTRAL AND EASTERN EUROPE

The paper shows that Comprehensive Neo-Schumpeterian Economics (CNSE) is an adequate theoretical approach accompanying the enforcement of the aims of the Lisbon Agenda and the recent Growth Strategy 2020. The CNSE approach as well as the Growth Strategy 2020 are based on the principle of innovation...

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Bibliographic Details
Published in:Köz-Gazdaság Vol. 5; no. 3
Main Authors: HORST HANUSCH, ANDREAS PYKA, FLORIAN WACKERMANN
Format: Journal Article
Language:English
Published: Corvinus University of Budapest 01-08-2020
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Summary:The paper shows that Comprehensive Neo-Schumpeterian Economics (CNSE) is an adequate theoretical approach accompanying the enforcement of the aims of the Lisbon Agenda and the recent Growth Strategy 2020. The CNSE approach as well as the Growth Strategy 2020 are based on the principle of innovation as a competitive driving force, and the idea of future orientation penetrating all spheres of economics which can be summarized in three domains of economic life: industry, finance and the public sector (the 3-pillars of CNSE). The CNSE approach is applied to an empirical study of 11 Central Eastern European Economies. The country patterns of pillars are identified in a cluster analysis. This gives a fine-grained picture of institutional and structural set-ups for the countries under study.
ISSN:1788-0696