Article: Comparative evolutionary study on transitions of national innovation systems in the Baltic Region Journal: International Journal of Economics and Business Research (IJEBR) 2017 Vol.14 No.3/4 pp.332 - 355 Abstract: The paper provides an evolutionary study on the transition of national innovation systems (NIS) within the catching up economy context in the Baltic Region. The regional and institutional context provides an exceptional chance to look at the evolution of economies from planned economy towards free market, and reaching advanced high economy profile over 25 years (International Monetary Fund, 2015). However, the authors argue, that economy transition does not simultaneously lead to the technological upgrading and sophistication of NIS. The comparative evolutionary data analysis in three Baltic States, namely Estonia, Latvia and Lithuania, that reached advanced economy profile in 2015 (IMF) is used to illustrate the statement. The period of study encompasses ten years of membership in European Union (2006-2015), and aims at providing the national innovation system transition trends from the evolutionary perspective. The authors aim to provide the reader with the broad overview of transition patterns taken. Empirical findings demonstrate the differences in national innovation system transition, whereas Estonia demonstrates balanced development of national innovation system, and Lithuania together with Latvia demonstrate asymmetries and stagnating development despite successful economic transition. Inderscience Publishers - linking academia, business and industry through research

Title: Comparative evolutionary study on transitions of national innovation systems in the Baltic Region

Authors: Monika Petraite; Vytaute Dlugoborskyte

Addresses: School of Economics and Business, Kaunas University of Technology, Gedimino 50, LT-44239 Kaunas, Lithuania ' School of Economics and Business, Kaunas University of Technology, Gedimino 50, LT-44239 Kaunas, Lithuania

Abstract: The paper provides an evolutionary study on the transition of national innovation systems (NIS) within the catching up economy context in the Baltic Region. The regional and institutional context provides an exceptional chance to look at the evolution of economies from planned economy towards free market, and reaching advanced high economy profile over 25 years (International Monetary Fund, 2015). However, the authors argue, that economy transition does not simultaneously lead to the technological upgrading and sophistication of NIS. The comparative evolutionary data analysis in three Baltic States, namely Estonia, Latvia and Lithuania, that reached advanced economy profile in 2015 (IMF) is used to illustrate the statement. The period of study encompasses ten years of membership in European Union (2006-2015), and aims at providing the national innovation system transition trends from the evolutionary perspective. The authors aim to provide the reader with the broad overview of transition patterns taken. Empirical findings demonstrate the differences in national innovation system transition, whereas Estonia demonstrates balanced development of national innovation system, and Lithuania together with Latvia demonstrate asymmetries and stagnating development despite successful economic transition.

Keywords: national innovation systems; NISs; evolutionary study; Baltic Region; catching-up economy.

DOI: 10.1504/IJEBR.2017.087519

International Journal of Economics and Business Research, 2017 Vol.14 No.3/4, pp.332 - 355

Received: 07 Dec 2016
Accepted: 30 May 2017
Published online: 16 Oct 2017 *

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Title: Comparative evolutionary study on transitions of national innovation systems in the Baltic Region

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