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Challenges for European Innovation Policy
This paper analyses the long term growth experiences of the eastern European accession countries and the effect of various tailored growth policies. We find that there are two overarching growth-enhancing policies that can substantially increase long-term growth: competition and the quality of education. We find empirical evidence that if accession countries from the transition region want to achieve -and sustain -higher growth rates they will need to ensure competition by continuing to removedoi:10.4337/9780857935212.00011 fatcat:kqaxvuadjffghesmdoqkipvdyq