PATTERNS OF FUTURE-ORIENTATION IN CENTRAL AND EASTERN EUROPE

Abstract

The paper shows that Comprehensive Neo-Schumpeterian Economics (CNSE)
is an adequate theoretical approach accompanying the enforcement of the
aims of the Lisbon Agenda and the recent Growth Strategy 2020. The CNSE
approach as well as the Growth Strategy 2020 are based on the principle of
innovation as a competitive driving force, and the idea of future orientation
penetrating all spheres of economics which can be summarized in three
domains of economic life: industry, finance and the public sector (the 3-pillars
of CNSE). The CNSE approach is applied to an empirical study of 11 Central
Eastern European Economies. The country patterns of pillars are identified in
a cluster analysis. This gives a fine-grained picture of institutional and structural set-ups for the countries under study.