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9781843769217

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'The book is based on the recognition that effective R&D is a fundamental component of sustainable competitive advantage of nations. Professor Torok and his co-authors not only spell out the thesis but also prove it with rich analytical evidences. I wish many politicians and economic policymakers could read the book and adapt this conclusion in practice! This would help achieve the Lisbon goals of the European Union and the catch-up of the transition economies.' - Attila Chikan, Corvinus University, Budapest, Hungary

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Ádám Török, Professor of Economics, University of Veszprém and Head, Research Group Regional Development Studies and Micro-Integration, Hungarian Academy of Sciences, Hungary with Balázs Borsi, Department of Enterprise Economics, Esterhazy Karoly College of Economics and Social Sciences, Institute of Economic Sciences, Hungary and András Telcs, Associate Professor, Department of Computer Science, Budapest University of Technology and Economics, Hungary

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