highly-developed innovation profiles. Analysis of the prerequisites for knowledge-based growth indicates that transition … eastern Europe, the Caucasus and Central Asia, in order to identify which countries have established a knowledge-based growth … by the working paper measure up according to traditional innovation input and output indicators. But the major part of …

and in knowledge-intensive service industries make a larger direct contribution to employment than start-ups affiliated … with other industries. We also find a relatively strong overall effect of new business formation in knowledge …