TY - BOOK ID - 11274447 TI - Igniting innovation : rethinking the role of government in emerging Europe and Central Asia PY - 2011 SN - 0821387405 9786613300621 1283300621 0821387413 PB - Washington, D.C. : World Bank, DB - UniCat KW - Endowment of research -- Asia. KW - Endowment of research -- Europe. KW - Government spending policy. KW - Research, Industrial -- Economic aspects. KW - Research, Industrial KW - Endowment of research KW - Government spending policy KW - Business & Economics KW - Economic History KW - Economic aspects KW - Economic aspects. KW - Expenditures, Public KW - Public spending policy KW - Spending policy, Government KW - Educational endowments KW - Philanthropy KW - Research, Endowment of KW - Contract research KW - Industrial research KW - Government policy KW - Economic policy KW - Finance, Public KW - Full employment policies KW - Unfunded mandates KW - Endowments KW - Intellectual cooperation KW - Research KW - Education and state KW - Federal aid to research KW - Engineering experiment stations KW - Inventions KW - Technological innovations KW - Finance UR - https://www.unicat.be/uniCat?func=search&query=sysid:11274447 AB - Innovation and technology absorption are now firmly recognized as one of the main sources of economic growth for emerging and advanced economies alike. That is why innovation is seen as a possible catalyst for revitalizing post-transition economies hit hard by the recent financial and economic crisis.Is government intervention needed to foster innovation in post-transition economies? This is the central question to which this book responds. The answer is yes, but a qualified yes. Innovation activities are rife with market failures that tend to hold back private investment. And badly designed o ER -