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The article is devoted to measuring the effectiveness of institutional systems of EU countries in terms of their relevance to the requirements of global knowledge-based economy. The main aim of the article is to evaluate the progress obtained by New Member States in the years 2000-2010. The...
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Using Kauffman, Kraay, and Mastruzzi governance indicators, this article analyzes the impact of formal institutions on the knowledge economy - by assessing how the enforcement of Intellectual Property Rights (IPRs) through good governance mechanisms affects the knowledge economy. The article...
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