TRANSITION REPORT 2014 Innovation in Transition


D. Acemoğlu, U. Akcigit and M.A. Celik (2014)
“Young, restless and creative: Openness to disruption and creative innovations”, NBER Working Paper No. 19894.
P. Aghion, N. Bloom, R. Blundell, R. Griffith and P. Howitt (2005)
“Competition and innovation: an inverted U relationship”, Quarterly Journal of Economics, Vol. 120, No. 2, pp. 701-728.
A. Agrawal, D. Kapur, J. McHale and A. Oettl (2011)
“Brain drain or brain bank? The impact of skilled emigration on poor-country innovation”, Journal of Urban Economics, Vol. 69, No. 1, pp. 43-55.
K. Arrow (1962)
“Economic Welfare and the Allocation of Resources to Invention”, in R.R. Nelson (ed.), The Rate and Direction of Economic Activity, Princeton University Press.
Y. Back, K. Praveen Parboteeah and D.I. Nam (2014)
“Innovation in emerging markets: The role of management consulting firms”, Journal of International Management, forthcoming.
J.R. Baldwin and W. Gu (2004)
“Trade liberalization: Export-market participation, productivity growth and innovation”, Oxford Review of Economic Policy, Vol. 20, No. 3, pp. 372-392.
R. Barro and J.W. Lee (2013)
“A new data set of educational attainment in the world, 1950-2010”, Journal of Development Economics, Vol. 104, pp. 184-198.
N. Bloom, M. Draca and J. Van Reenen (2011)
“Trade induced technical change? The impact of Chinese imports on innovation, IT and productivity”, NBER Working Paper No. 16717.
M. Bruhn, D. Karlan and A. Schoar (2012)
“The Impact of Consulting Services on Small and Medium Enterprises: Evidence from a Randomized Trial in Mexico”, Economic Growth Center Working Paper No. 1010, Yale University.
P. Buccirossi, L. Ciari, T. Duso, G. Spagnolo and C. Vitale (2013)
“Competition Policy and Productivity Growth: An Empirical Assessment”, The Review of Economics and Statistics, Vol. 95, No. 4, pp. 1324-1336.
W. Carlin, M. Schaffer and P. Seabright (2004)
“A minimum of rivalry: Evidence from transition economies on the importance of competition for innovation and growth”, B.E. Journal of Economic Analysis & Policy, Vol. 3, No. 1, pp. 1-43.
M.D. Chinn and H. Ito (2006)
“What matters for financial development? Capital controls, institutions, and interactions”, Journal of Development Economics, Vol. 81, No. 1, pp. 163-192.
D. Coe, E. Helpman and A. Hoffmaister (2009)
“International R&D spillovers and institutions”, European Economic Review, Vol. 53, No. 7, pp. 723-741.
W.M. Cohen and D. Levinthal (1989)
“Innovation and learning: The two faces of R&D”, Economic Journal, Vol. 99, No. 397, pp. 569-596.
P. Conway, D. De Rosa, G. Nicoletti and F. Steiner (2006)
“Regulation, Competition and Productivity Convergence”, OECD Economics Department Working Paper No. 509.
Cornell University, INSEAD and WIPO (2014)
The Global Innovation Index 2014: The Human Factor in Innovation, Fontainebleau, Ithaca and Geneva.
G. Crespi and P. Zuñiga (2012)
“Innovation and productivity: Evidence from six Latin American countries”, World Development, Vol. 40, No. 2, pp. 273-290.
J.P. Damijan, Č. Kostevc and S. Polanec (2010)
“From innovation to exporting or vice versa?”, World Economy, Vol. 33, No. 3, pp. 374-398.
EBRD (2010)
Transition Report 2010: Recovery and Reform, London.
EBRD (2013)
Transition Report 2013: Stuck in Transition?, London.
The Economist (2014)
“The British diaspora: And don’t come back”, The Economist, 9 August 2014. Available at: (last accessed on 5 September 2014).
R. Feenstra, R. Lipsey, H. Deng, A. Ma and H. Mo (2005)
“World trade flows: 1962-2000”, NBER Working Paper No. 11040.
J. Fortwengel (2011)
“Upgrading through integration? The case of the Central Eastern European automotive industry”, Transcience – A Journal of Global Studies, Vol. 2, No. 1, pp. 1-25.
L. Franssen (2014)
“The effect of global value chains on the relative skill-employment of firms in emerging economies”, EBRD working paper, forthcoming.
R. Griffith, E. Huergo, J. Mairesse and B. Peters (2006)
“Innovation and productivity across four European countries”, Oxford Review of Economic Policy, Vol. 22, No. 4, pp. 483-498.
A. Hoecht and P. Trott (2006)
“Innovation risks of strategic outsourcing”, Technovation, Vol. 26, No. 5-6, pp. 672-681.
D. Hummels, J. Ishii and K.-M. Yi (2001)
“The nature and growth of vertical specialization in world trade”, Journal of International Economics, Vol. 54, No. 1, pp. 75-96.
I. Khrennikov (2013)
“Ex-Soviet programmers take on India in $48 billion market”, Bloomberg, 17 September 2013. Available at: (last accessed on 5 September 2014).
A. Lileeva and D. Trefler (2010)
“Improved access to foreign markets raises plant-level productivity… for some plants”, Quarterly Journal of Economics, Vol. 125, No. 3, pp. 1051-1099.
R.R. Nelson and E. Phelps (1966)
“Investment in humans, technological diffusion and economic growth”, American Economic Review, Vol. 56, No. 1-2, pp. 69-75.
G. Nicoletti and S. Scarpetta (2005)
“Regulation and Economic Performance: Product Market Reforms and Productivity in the OECD”, OECD Economics Department Working Paper No. 460.
P. Nightingale and A. Coad (2013)
“Muppets and gazelles: political and methodological biases in entrepreneurship research”, Industrial and Corporate Change, Vol. 23, No. 1, pp. 113-143.
OECD (2009)
Innovation in Firms: A Microeconomic Perspective, Paris.
OECD (2010)
Investment Reform Index 2010: Monitoring policies and institutions for direct investment in South East Europe, Paris.
H. Pavlínek, B. Domański and R. Guzik (2009)
“Industrial upgrading through foreign direct investment in Central European automotive manufacturing”, European Urban and Regional Studies, Vol. 16, No. 1, pp. 43-63.
C. Pietrobelli and R. Raballotti (2011)
“Global value chains meet innovation systems: Are there learning opportunities for developing countries?”, World Development, Vol. 39, No. 7, pp. 1261-1269.
I. Sample (2014)
“If Pfizer’s AstraZeneca takeover succeeds, bad news for UK research”, The Guardian, 28 April 2014. Available at: (last accessed on 25 August 2014).
M. Stankovic, B. Angelova, V. Janeska and B. Stankovic (2013)
“Science and innovation policy in Southeast Europe: Brain drain as brain gain”, International Journal of Technological Learning, Innovation and Development, Vol. 6, No. 3, pp. 262-282.
B. Szabo (2013)
“How Central Eastern Europe is transforming from outsourcing to a real tech hub”, Forbes, 10 February 2013. Available at: (last accessed on 5 September 2014).
N.J. Thrift (2005)
Knowing Capitalism, SAGE Publications, Thousand Oaks, California.
H. Welsch (2008)
“Resource dependence, knowledge creation, and growth: Revisiting the natural resource curse”, Journal of Economic Development, Vol. 33, No. 1, pp. 45-70.