Objectives: This paper aims to examine the transition process from the development and state of entrepreneurship in 15 former European socialist countries during 2006-2012. Our focus here is not on the full but on just one dimension of transition, entrepreneurship. While it is surely the case...

The Pan-European Region made significant progress from 1995 to 2007 in improving the economic, social, environmental and health indicators incorporated into the Millennium Development Goals (MDGs). However, given the huge set-backs associated with the transition recession in the early 1990s and...

A recent literature has emerged providing compelling evidence that a major shift in the organization of the developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy. In particular, the empirical evidence provides...

This paper suggests a broad concept of transition that is built upon the techno-economic paradigm framework, and defines transition as that institutional change process during which the 'match' between a new technology and institutions is attained. It is argued that the post-socialist transition...

English Abstract: This article maintains that in our second best world, neither corruption nor the informal sector and political instability can be held responsible for the moderate performance of the Ukrainian economy. Corruption in Ukraine appears to act as “grease in the wheels of the...