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Implementation of Innovations in Economics: Experience of the Czech Republic
Buychik, A. (2026). Implementation of innovations in economics: Experience of the Czech Republic. Ostrava, Opava: Tuculart Edition, European Institute for Innovation Development.
This book offers a clear and analytically rich account of how economic thought in Czechia developed from the post-Czechoslovak transition of 1993 to the mature and internationally connected discipline of 2025. It traces the major stages of this transformation, from institutional reconstruction and market reform to methodological modernisation, global academic integration, and the emergence of strong specialised research schools. Particular attention is given to the leading directions of contemporary Czech economics, including transformation and institutional economics, labour economics, education economics, behavioural and experimental economics, public finance, taxation, macroeconomics, and innovation studies. The edition also highlights the contribution of prominent Czech economists whose work shaped both national policy thinking and international scholarly debates. Rather than presenting economics as an abstract body of theory, the book shows how Czech researchers responded to real historical challenges such as privatisation, monetary stabilisation, labour-market change, fiscal reform, and the pressures of European integration. It demonstrates how Czech economic science gradually moved beyond the initial problems of transition and became a fully developed field with its own schools, institutions, and research traditions. Written in a concise but academically grounded style, the book combines intellectual history, institutional analysis, and the mapping of key scholarly figures. It will be especially valuable for researchers, lecturers, students, policy professionals, and all readers interested in the development of modern social sciences in Central Europe. As a whole, the publication presents Czech economics not merely as a national case, but as a dynamic and meaningful part of contemporary European economic thought.