EBRD Transition Report 2014: Innovation in Transition

Kyiv School of Economics is pleased to invite you to a presentation of the EBRD 2014 Transition Report at KSE by Chief Economist Erik Berglof on 24 November at 6.30 pm.

The EBRD’s 2014 Transition Report (TR), titled “Innovation in Transition”, focuses on how individual companies across the transition region innovate. The report reveals how innovation can help increase firm productivity, boost economic growth, and re-energise transition. The report takes a broad view of innovation – by using a unique enterprise survey it analyses how firms innovate by introducing new products, new production processes, new ways to organize themselves, and new ways to market their products and services – and whether they do this by adopting products and technologies from advanced economies or by developing new products and processes themselves. The report also takes stock of firms’ investments in research and development and provides new insights into how managerial practices influence firm productivity.

A key theme of this report is that regardless of a country’s level of economic development and regardless of its progress along the transition path, firm managers can make decisions that have a profound influence on the efficiency and productivity of the businesses they run. Yet, which actions are most beneficial – R&D, adopting products that were developed elsewhere, or improving management practices – depends strongly on the business environment in which a firm operates. Governments can do a great deal to unleash this potential, but in order to determine the right measures for any given country they must work closely with the private sector.

EBRD Chief Economist Mr Erik Berglof will present the findings of the TR, followed by a Q&A session.

Date&Time: November 24, 6.30 pm.

Venue: Kyiv School of Economics, 1 Ivana Mazepy Str.