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Innovation As An Opportunity For Economic Development Of Central Eastern Europe Countries (Poland Case Study)

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  • Oleksandr Oksanych

Abstract

The aim of the article is to analyze the causes of low innovativeness of the Polish economy and to indicate the directions of its growth. Economic innovation is one of the most important factors in economic development in the context of globalization and instability caused by the pandemic. From the author's point of view the problem of low innovation is systemic and to a large extent determined by the historical conditions of the economic development of Poland and Central European countries. Solving this problem requires the creation and implementation of an effective innovation policy, the goals of which are to adapt education and higher education systems to the needs of the modern economy, increase financing of science, optimize the structure of the economy, develop human capital and create an attractive innovative environment.

Suggested Citation

  • Oleksandr Oksanych, 2020. "Innovation As An Opportunity For Economic Development Of Central Eastern Europe Countries (Poland Case Study)," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 14(1), pages 268-281.
    • Handle: RePEc:isp:journl:v:14:y:2020:i:1:p:268-281
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    References listed on IDEAS

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    More about this item

    Keywords

    innovation; human capital; innovation policy; economic development;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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