Inovačné procesy v krajinách strednej a východnej Európy v podmienkach globalizácie

The impact of innovations, great inventions and new technologies is the object of examination of eminent authors since the nineteenth century. Actually the role of main accelerator of economic development play new information technologies, automation, biotechnology, genetics, new energy concepts including the use of renewable resources, and the application of new materials. The original Schumpeterʼs idea of innovation was completed by further aspects – fiscal, legal, marketing, systemic. The world economic crisis caused by the detaching of financial system from real economy suggests that the significant innovations are needed also in this area. In general, the conclusions of many analytical works agree with the opinion that the meaning of innovations in globalized world is increasing, and the innovations represent an important factor able to change the character of global economy. Our contribution focuses to the study of contemporary trends and changes in innovation processes under the impact of globalization, as well as their influence on the competitiveness of Central and Eastern Europe in the global economy.