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Innovation Systes and Knowledge-Intensive Enterpreneurship: a Country Case Study of Poland

Author

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  • Richard Woodward
  • Elzbieta Wojnicka
  • Wojciech Pander

Abstract

This study surveys the current state of affairs in Poland with regard to the development of knowledge-intensive entrepreneurship (KIE), or new firm creation in industries considered to be science-based or to use research and development (R&D) intensively. We place KIE in Poland in the larger institutional context, outlining the key features of the country’s National Innovation System, and then focus on KIE itself. Our findings are perhaps more optimistic than many previous studies of knowledge-based economy development in Poland. We observe significant progress due to Polish access to the European Union. The frequency with which universities are playing a significant role as partners for firms in the innovation process has increased significantly; moreover, we observe a significant degree of internationalization of innovation-related cooperation. Another optimistic development is that the level of activity of venture capitalists seems to be fairly high in Poland considering the relatively low degree of development of capital markets offering VC investors exit opportunities. Moreover, after almost two decades of decline in the share of R&D spending in GDP, there are signs that this is beginning to rise, and that businesses are beginning to spend more on R&D. While demand-side problems continue to be significant barriers for the development of KIE, due to the relatively low level of education and GDP per capita in the country, the trends here are optimistic, with high rates of economic growth and improvements in the level of education of younger generations. Significant improvement is still needed in the area of intellectual property protection.

Suggested Citation

  • Richard Woodward & Elzbieta Wojnicka & Wojciech Pander, 2012. "Innovation Systes and Knowledge-Intensive Enterpreneurship: a Country Case Study of Poland," CASE Network Studies and Analyses 0446, CASE-Center for Social and Economic Research.
  • Handle: RePEc:sec:cnstan:0446
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    References listed on IDEAS

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    1. Malerba, Franco, 2002. "Sectoral systems of innovation and production," Research Policy, Elsevier, vol. 31(2), pages 247-264, February.
    2. Ruta Aidis & Saul Estrin & Tomasz Mickiewicz, 2010. "Institutions, Finance and the Level of Development: the Impact on Entrepreneurship in Transition," Review of Economics and Institutions, Università di Perugia, vol. 1(1).
    3. Patryk Koc & Wojciech Pander & Richard Woodward & Deniz Eylem Yoruk, 2010. "Knowledge-based entreprenuership in Poland," CASE Network Studies and Analyses 408, CASE-Center for Social and Economic Research.
    4. Aidis, Ruta & Adachi, Yuko, 2007. "Russia: Firm entry and survival barriers," Economic Systems, Elsevier, vol. 31(4), pages 391-411, December.
    5. Aidis, Ruta & Estrin, Saul & Mickiewicz, Tomasz, 2008. "Institutions and entrepreneurship development in Russia: A comparative perspective," Journal of Business Venturing, Elsevier, vol. 23(6), pages 656-672, November.
    6. Ubreziová, Iveta & Wach, Krzysztof, 2010. "Role of small and medium-sized enterprises in economies of Poland and Slovakia - comparative analysis," MPRA Paper 31594, University Library of Munich, Germany.
    7. Slavo Radosevic, 1999. "Patterns of innovative activities in countries of Central and Eastern Europe: An analysis based on comparison of innovation surveys," SPRU Working Paper Series 35, SPRU - Science and Technology Policy Research, University of Sussex.
    8. Radosevic, Slavo & Yoruk, Esin, 2013. "Entrepreneurial propensity of innovation systems: Theory, methodology and evidence," Research Policy, Elsevier, vol. 42(5), pages 1015-1038.
    9. Ruta Aidis, 2005. "Institutional Barriers to Small- and Medium-Sized Enterprise Operations in Transition Countries," Small Business Economics, Springer, vol. 25(4), pages 305-317, November.
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    Cited by:

    1. Denis Frydrych & Tony Kinder, 2015. "How New Is Crowdfunding? The Venture Capital Evolution without Revolution – Discourse on Risk Capital Themes and their Relevance to Poland (Jak nowe jest zjawisko finansowana spolecznosciowego? Ewoluc," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(56), pages 177-194.
    2. Richard Woodward & Elzbieta Wojnicka & Wojciech Pander, 2012. "Knowledge-Intensive Entrepreneurship and Opportunities in Two Polish Industries," CASE Network Studies and Analyses 440, CASE-Center for Social and Economic Research.
    3. Szczygielski, Krzysztof & Grabowski, Wojciech & Pamukcu, Mehmet Teoman & Tandogan, Vedat Sinan, 2017. "Does government support for private innovation matter? Firm-level evidence from two catching-up countries," Research Policy, Elsevier, vol. 46(1), pages 219-237.

    More about this item

    Keywords

    Knowledge-Based Economy; Entrepreneurship; Transition; Post-Communist; SMEs; Poland;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P27 - Economic Systems - - Socialist Systems and Transition Economies - - - Performance and Prospects

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