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Techno-economic transformation in Eastern Europe and the former Soviet Union – A neo-Schumpeterian perspective

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  • Radosevic, Slavo

Abstract

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 economics. Instead, the post-socialist transformation is an open-ended process whose outcomes can be better understood as a disequilibriating evolutionary process involving the misalignment of different levels and parts of innovation systems. We develop a multi-level analytical framework and outline several major transformation processes involving dynamic interactive capabilities as the core precondition for technology catching up. Technology accumulation and innovation systems are hybrid systems whose dynamism rests on various governing principles. The swing from one pure mode of coordination (plan) to other (market) explains limited technological upgrading in both periods. Dynamic innovation systems are quintessentially hybrid systems. Crucial to this is an understanding of the role which the state plays, both as a contributor and as an obstacle to the transformation towards sustainable economic growth.

Suggested Citation

  • Radosevic, Slavo, 2022. "Techno-economic transformation in Eastern Europe and the former Soviet Union – A neo-Schumpeterian perspective," Research Policy, Elsevier, vol. 51(1).
    • Handle: RePEc:eee:respol:v:51:y:2022:i:1:s0048733321001931
    DOI: 10.1016/j.respol.2021.104397
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    2. Mariia Shkolnykova & Lasse Steffens & Jan Wedemeier, 2022. "Systems of Innovation in Central and Eastern European countries: Path of Economic Transition and Differences in Institutions," Bremen Papers on Economics & Innovation 2209, University of Bremen, Faculty of Business Studies and Economics.
    3. Petraite, Monika & Mubarak, Muhammad Faraz & Rimantas, Rauleckas & von Zedtwitz, Max, 2022. "The role of international networks in upgrading national innovation systems," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    4. Caetano, Rafaela Vital & Marques, António Cardoso & Afonso, Tiago Lopes & Vieira, Isabel, 2023. "Could Private Investment in Energy Infrastructure soften the environmental impacts of Foreign Direct Investment? An assessment of developing countries," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 961-977.
    5. Magdalena Marczewska & Marzenna Anna Weresa & Marek Lachowicz, 2024. "Towards Creativity and Innovation in Universities: Study on Central and Eastern Europe," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 1363-1385, March.
    6. Ann Hipp & Udo Ludwig & Jutta Günther, 2021. "Unable to innovate or just bad circumstances? Comparing the innovation system of a state-led and market-based economy," Bremen Papers on Economics & Innovation 2111, University of Bremen, Faculty of Business Studies and Economics.
    7. Shobande, Olatunji A. & Ogbeifun, Lawrence, 2023. "Pooling cross-sectional and time series data for estimating causality between technological innovation, affluence and carbon dynamics: A comparative evidence from developed and developing countries," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    8. Ann Hipp & Björn Jindra & Kehinde Medase, 2024. "Overcoming barriers to technology transfer: empirical evidence from the German Democratic Republic," The Journal of Technology Transfer, Springer, vol. 49(5), pages 1787-1821, October.
    9. Ann Hipp & Björn Jindra & Kehinde Medase, 2023. "Nothing new in the East? New evidence on productivity effects of inventions in the GDR," Bremen Papers on Economics & Innovation 2301, University of Bremen, Faculty of Business Studies and Economics.

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