This paper analyses development of the knowledge intensive business services (KIBS) in the small EU economies. After examination of historical trends in growth in KIBS the paper analyses relation between the KIBS consumption and development of the knowledge-based economy via an econometric model. The model identified employment in the KIBS, KIBS imports and investments in R&D as the major factors behind increases in high-tech exports. The concluding part of the paper sets development scenarios for growth in KIBS and advance of the knowledge-based economy in Slovakia.
Financed by the National Centre for Research and Development under grant No. SP/I/1/77065/10 by the strategic scientific research and experimental development program:
SYNAT - “Interdisciplinary System for Interactive Scientific and Scientific-Technical Information”.