Correa, PauloTarade, LjiljanaBorowik, Iwona M.2012-08-132012-08-132010-06https://hdl.handle.net/10986/10182Croatia's economic and social development achievements in the last decade have been impressive; the country closed its income gap with the European Union and now has some of the best social development indicators in the region. However, growing current account deficits, in the context of increasing domestic wages, small productivity gains and scarce innovation, suggest that this pattern may not be sustainable. With the economic crisis hitting the region hard, accelerating productivity and reaping the benefits of innovation for the country's development have become even more urgent.CC BY 3.0 IGOACADEMIC EXCELLENCEBACKBONEBRAIN DRAINBUSINESS INNOVATIONBUSINESS SECTORBUSINESSESCOLLABORATIONCOMMUNICATION TECHNOLOGYDIASPORAECONOMIC DEVELOPMENTEMPLOYMENTENTREPRENEURIAL SKILLSEXPENDITURESFACULTY MEMBERSGOVERNMENT EXPENDITUREGROWTH PATHICTINFORMATION COMMUNICATIONINFORMATION COMMUNICATION TECHNOLOGYINNOVATIONINNOVATION POLICIESINNOVATIONSINTELLECTUAL PROPERTYINTERVIEWSIPKNOWLEDGE CREATIONKNOWLEDGE USELEGAL FRAMEWORKLICENSINGLICENSING AGREEMENTSLIMITED ACCESSMARKET POTENTIALNATURAL SCIENCESPRIVATE SECTORPRIVATE SECTOR INVESTMENTPRODUCT DEVELOPMENTPRODUCTIVITYPROGRAMSPUBLIC UNIVERSITIESR&DR&D EXPENDITURESRESEARCH COMMERCIALIZATIONRESEARCH GRANTSRESEARCH INSTITUTESRESEARCH INSTITUTIONSRESEARCH ORGANIZATIONSRESEARCH PROJECTSRESEARCHERSRESULTRESULTSSCIENTIFIC COMMUNITYSCIENTIFIC DISCOVERIESSCIENTISTSSEED CAPITALSIMULATIONSSOCIAL DEVELOPMENTSTAFF SALARIESTECHNOLOGY TRANSFERTECHNOLOGY TRANSFER OFFICESTRAINING COSTSUSERSVALUE CHAINWorld Bank10.1596/10182