Innovation and economic crisis in transition economies
نویسندگان
چکیده
Abstract Based on Schumpeterian theoretical considerations, this paper investigates the innovation behavior of firms during severe economic crisis year 2008/2009. It focuses transition countries Central and Eastern Europe Asia, which have completely restructured their systems through course from planned to market economies a relatively short time ago. As result crisis, we observe strong decline activity in all economies. In line with literature, there is, however, empirical evidence for both creative destruction as well accumulation. This underlines two key findings: firstly, universality durability assumptions, secondly, call anti-cyclical policy.
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ژورنال
عنوان ژورنال: Eurasian Business Review
سال: 2021
ISSN: ['1309-4297', '2147-4281']
DOI: https://doi.org/10.1007/s40821-021-00192-y