Why Do Inefficient Innovative Institutions Have Place in Russia and Ukraine?
17 Pages Posted: 14 Apr 2011
Date Written: April 12, 2011
Abstract
Russia and Ukraine remain a high scientific potential in the comparison with a level of development of their economy. However, the innovative development of the economy is moving at a rate that significantly slowly in contrast to many transition economies (e.g. China). Why do inefficient innovative institutions have place in Russia and Ukraine? We have shown that the innovative institutions had been formed in the USSR in the late 1920's - early 1930's, when they solved the political tasks. Today these institutions have not changed and they are a cause of the failure of innovation. A model for estimating the losses from the inefficient institutions of innovation in Russia and Ukraine (in comparison with the institutions of innovation in the developed countries) are constructed. This model takes into account the presence of excessive licensing procedures as a result of the imperfect innovative institutions and corruption. It is shown that the losses due to the inefficiency of the innovative institutions are connected to the losses from corruption and shadow economy. For example, in Ukraine the imperfect institutions of innovation were lost to 20-30% of the funding. The comparison of the mechanisms of innovation in the developed countries and in Russia and Ukraine has been discussed in detail.)
Keywords: innovative institutions, transitive economy, comparative analysis, Russia, Ukraine
JEL Classification: B15, I28, O32, P21
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Proofs and Prototypes for Sale: the Tale of University Licensing
-
Do Scientists Pay to Be Scientists?
By Scott Stern
-
Who is Selling the Ivory Tower? Sources of Growth in University Licensing
By Jerry G. Thursby and Marie C. Thursby
-
By Donald S. Siegel, David Waldman, ...
-
Putting Patents in Context: Exploring Knowledge Transfer from MIT
-
Intellectual Capital and the Firm: The Technology of Geographically Localized Knowledge Spillovers
By Lynne G. Zucker, Michael R. Darby, ...
-
By Scott Stern and Fiona Murray
-
Incentives and Invention in Universities
By Saul Lach and Mark A. Schankerman
-
Incentives and Invention in Universities
By Saul Lach and Mark A. Schankerman
-
Incentives and Invention in Universities
By Saul Lach and Mark A. Schankerman