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Diversification of innovation strategies of Polish industrial processing enterprises depending on their size after the global financial crisis

Author

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  • Aleksander Jakimowicz

    (Ph.D. habilitatus of economic sciences, Department of World Economy, Institute of Economics, Polish Academy of Sciences, Palace of Culture and Science, 1 Defilad Sq., 00-901 Warsaw, Poland, e-mail: ajakimowicz@inepan.waw.pl, corresponding author)

  • Daniel Rzeczkowski

    (Ph.D., Department of Market and Consumption, Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn, 4 M. Oczapowskiego St., 10-719 Olsztyn, Poland, e-mail: daniel.rzeczkowski@uwm.edu.pl)

Abstract

The purpose of this article is to define an innovation strategy for Polish industrial processing enterprises for 2012–2014, i.e. after a negative external shock which escalated in 2008–2010 and was associated with a global financial crisis. Various types of enterprises (small, medium, large), geographic scope of markets, forms of innovation activity of enterprises, decisions by enterprises regarding innovation implementation types, methods of product development and process innovations by enterprises, and forms of eco-innovation which are the most frequent in industrial processing, were studied as well as barriers to innovation. Overall, seven detailed research hypotheses were statistically verified using a chi-square test for independence. Subsequently, due to a high number of variables taken into account in the study as well as the necessity of providing a detailed description of the relationships between them, a correspondence analysis was employed. The analysis was aimed at reducing the multi-dimensional space where the studied phenomena occur to a space of fewer dimensions, in this case, to two dimensions. This allows for a careful examination of the co-occurrence of the phenomena using biplots. A relatively slight tendency of enterprises towards innovation was established as well as caution in its implementation, which may result from the relative persistence of the exogenous shock effects. At the same time, there is a clear tendency towards eco-innovation in a broader perspective, with a slow decrease – as presumed by enterprises – in the importance of barriers to innovation. Practical conclusions following from the study show the need to emphasize the benefits of innovation, especially eco-innovation, in pro-innovation policy, which will help to avoid the adverse effects of the external shock – psychological barriers and excessive caution in innovation planning and implementation. The article presents an original, unique, and comprehensive analysis of the relationships between sixty-three variables describing the innovation activity of enterprises. Therefore, the value of the article lies in an original and strictly empirical approach to the problems of innovation in the industrial processing sector, which means that the study presented in it might become a possible model for such analyses in the future.

Suggested Citation

  • Aleksander Jakimowicz & Daniel Rzeczkowski, 2019. "Diversification of innovation strategies of Polish industrial processing enterprises depending on their size after the global financial crisis," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(4), pages 35-76.
    • Handle: RePEc:aae:journl:v:15:y:2019:i:4:p:35-76
    DOI: 10.7341/20191542
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    References listed on IDEAS

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    1. Anna Golejewska, 2018. "Innovativeness of Enterprises in Poland in the Regional Context," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 14(1), pages 29-44.
    2. Davide Antonioli & Annaflavia Bianchi & Massimiliano Mazzanti & Sandro Montresor & Paolo Pini, 2013. "Innovation Strategies and Economic Crisis: Evidence from Firm-level Italian Data," Economia politica, Società editrice il Mulino, issue 1, pages 33-68.
    3. Tomasz Kijek, 2012. "Innovation Capital and its Measurement," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 8(4), pages 52-68.
    4. Rodica Crudu, 2019. "The Role of Innovative Entrepreneurship in the Economic Development of EU Member Countries," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(1), pages 35-60.
    5. Torbjørn Lorentzen & Stig-Erik Jakobsen, 2016. "Explaining Innovation. An Empirical Analysis of Industry Data from Norway," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 12(2), pages 5-27.
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    Cited by:

    1. Aleksander Jakimowicz & Daniel Rzeczkowski, 2021. "The Impact of Public Administration Digitalization on the Decarbonization of the Economy," Energies, MDPI, vol. 14(18), pages 1-45, September.
    2. Joanna Helman, 2020. "Analysis of the Local Innovation and Entrepreneurial System Structure Towards the ‘Wrocław Innovation Ecosystem’ Concept Development," Sustainability, MDPI, vol. 12(23), pages 1-17, December.

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    More about this item

    Keywords

    industrial processing enterprises; innovation strategy; barriers to innovation; eco-innovations; correspondence analysis;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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