Institutional change and industrial development in Central and Eastern Europe
Institutional change and industrial development in Central and Eastern Europe. Aldershot: Ashgate. ISBN 0-75461-014-4
Laki, Mihály (eds.) / Lorentzen, Anne / Widmaier, Brigitta
Based on fresh and independent empirical research Institutional Change and Industrial Development in Central and Eastern Europe points at serious problems of the CEE industry. The volume brings together evidence from manufacturing, from the energy sector, from the science and technology system and from the small business sector. It is shown that in CEE industry, product development is limited, environmental concerns not sufficiently considered, qualifications are frequently found inadequate, and management practices do not respond to the new requirements.
From different scholarly viewpoints it is argued that due to persisting institutions and attitudes from the Communist past and before, the innovative potentials of the CEE industries are left widely un-exploited and therefore competitiveness is not sufficiently increased despite liberalization and privatization. Profound changes are needed in the technological infrastructure, in management practices, and in the local and regional environment to enable new technological capabilities to develop and thus to save CEE from a role as “international subcontractor.”