In Eastern Europe and Central Asia (ECA) countries, the states own and operate most of the research and development institutes (RDIs). These institutes often play an important and even dominant role in conducting research and development (R&D). In high-income economies, however, the private sector typically dominates R&D. Private sector research usually responds better to market incentives, resulting in more useful innovations than public sector R&D...
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2009/04/01
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Fiche
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52681
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1
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1
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2010/07/01
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Disclosed
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R&D institutes in ECA : a reform strategy
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private good
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