Evolutionary Economics celebrates Innovation and Creativity based Economy\ud

The paper draws issue on the evolutionary economics that open our mind on seeing economy as growing and living organism with any characters of robustness, self-organization, adaptation, and evolution. This has been recognized, as in global picture, we enter the phase in which information and knowledge acquisition rapidly plays a major role in economy. The discussions is presented by demonstrating some qualitative properties and theoretical explorations on long range historical economic growth and development and thus followed by some highlights on innovation, creativity and elaborations regarding to fitness landscapes incorporating memetics, as works related to social and cultural aspects of social system, while talking about economic system in general. The discussions depicts some important notions on market and product diversifications that have been the source of the economic growth in general

Delegation in inconsistency: the Lisbon strategy record as an institutional failure

In this paper, we develop an analysis of the reasons for the apparent failure of the “Lisbon strategy” (2000) so far. After having made the general case for a comprehensive “institutionalist perspective” on the European economy, we first try to formalise the objectives of “Lisbon” in order to present a mid-term review of the results attained. Since we find, like many others, that too little has been achieved, we then offer some possible explanations. Apart from an inconsistency problem between the different objectives set, we argue that the major reason for this failure appears to lie in the contradiction between the EU macroeconomic policy framework, based on the logic of delegation of power and control to independent authorities with conservative objectives, and the proactive policies required by the “Lisbon strategy”, which objectives the EU member states eventually find themselves accountable for (not) achieving individually.European Union, “Lisbon strategy”, Institutions, Delegation, Inconsistency, Macroeconomic policy, Structural Reform

The administrative burden reduction policy boom in Europe: comparing mechanisms of policy diffusion

Much has been written on the diffusion of public management and regulatory reform tools. Available evidence suggests that cross-national policy diffusion is an increasingly significant phenomenon, especially in the European context. While internationalisation of policy discourses and expert communities are regarded as key driving forces of policy diffusion, public management reforms are also said to be particularly vulnerable to mechanisms of 'diffusion without convergence'. This paper analyses the case of policies aiming at reducing administrative burdens of regulations through the lens of the literature on policy diffusion. The diffusion of the so-called Standard Cost Model for measuring administrative burden between 2003 and 2007 is used as a case to explore the mechanisms facilitating policy diffusion in this domain. The analysis reveals patterns of rapid diffusion. This policy boom has been driven by a combination of different mechanisms of policy diffusion rather than by a single driving factor

Competitiveness Evaluation of Slovenian Economy

Evaluation of competitiveness became an important instrument for balancing the development process of the economy. For Slovenia it is important tool for policy creation. Benchmarking with more developed countries shows us the right directions of development process. Competitiveness can be analysed from different sides. Existed studies have focused on several different analytical levels: product, firm, industry cluster, region and nation. The most successful economies are raising the skill content of their labour force. By reducing transportation and communication costs, it links economies and societies into closer, tighter webs. It facilitates the integration of production under common ownership (transnational companies), allowing access to capital flows, world markets, skills, and technology. Competitiveness evaluation of Slovenian economy shows us that the problems remain the same during the enlargement process of the European Union. Competitiveness is defined as the quality of the economic and institutional environment for the sustainable development of private productive activities and the increise in productivity. Today we focuse more on policies and strategies on institutional and also on business level that mainatain the long-term competitiveness. Competitiveness can be seen as the collection of factors, policies and institutions which determine the level of productivity of a country and that, therefore, determine the level of prosperity that can be attained by an economy. In the paper I will evaluate the Slovenian competitiveness by SWOT analysis. After European enlargement we can see that some CEE countries have benefited more than other countries. Slovenia, Czech Republic, Hungary, Slovakia have increased the locational attractiveness for business sector and also improved the institutional competitiveness. Harmonization with EU legislation and adoption of “Acquis Communautaire” have improved the institutions and the legal system. On the other side, Croatia, Romania and Bulgaria have problems connected with the enlargement process. Because these latter countries stayed outside the first enlargement process, they have, in addition to their originally less competitive, position lower competitiveness possibilities. The integration process increased the possibilities for benchmarking. Today is more common to benchmark different countries and compare the main determinants of competitiveness. Evaluation of competitiveness is an important tool for economic policy. Slovenia as a small country can be analysed from the view of regional competitiveness. Improving competitiveness is not about driving down living standards. It is about creating a high skills, high productivity and therefore high wage economy where enterprise can flourish and where we can find opportunities rather than threats in changes we cannot avoid. Many governments seriously peruse national competitiveness rankings produced by WEF or IMD. The study of competitiveness strategy is now a very important obligation of government. All new member countries have high-level official committees to deal with competitiveness, reaching across ministerial divisions to devise international, national or regional policy.productivity and competitiveness; benchmarking; development strategy; national development