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CEE countries need more of their own innovations for economic growth

This article was originally published in Scrip

Executive Summary

Innovations based on new ideas from multinational companies have driven the economies of central and eastern European countries in recent years, and local firms have not always benefited from them. These countries’ dependence on foreign investors could hinder their future economic growth, concludes a new Oracle-sponsored report,A time for new ideas: Innovation in Central and Eastern Europe, from the Economist Intelligence Unit.

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