Innovativeness of Polish Economy in the Transitional Stage of Development

The monograph presents a comprehensive and holistic approach to the study of innovativeness of enterprises and the economy in Poland. Such an approach determines its originality against the background of previous works. An interesting intertwining of theory and practice, the argumentation of great theoreticians of the subject with cases of innovative activity in Poland is an indisputable source of knowledge not only for research but also for education and substantive, and not only technical training of managers. Excerpted from the review of Professor Ewa Okoń-Horodyńska The monograph can be considered as a mature study, with significant cognitive, substantive and didactic values, which can be useful both for economic politicians, making decisions regarding economic policy, in particular innovation policy, as well as for researchers and students. Excerpted from the review of Professor Krystyna Poznańska

Introduction 7 Chapter 1. The Concept of Stages of Economic Development: The Case of Poland 11 Introduction – The Concept of Stages of Economic Development 11 1.1. Quantitative Characteristics of Polish Development Stage 24 1.2. Analysis of Empirical Data Obtained in the Project 33 1.3. Analysis of Correlation 41 Chapter 2. Exogenous, Civilizational and Systemic Determinants for Innovative Development of Polish Economy 47 Introduction 47 2.1. Secular Stagnation by Alvin H. Hansen 51 2.2. Relevance of Secular Stagnation Theory – Threat to Investments and Innovations 52 2.3. Casus Poland – Development and Stagnation Antinomian Drift 55 Chapter 3. Endogenous Barriers for Moving Polish Economy to the Innovation-driven Stage of Development 61 Introduction 61 3.1. Institutional syntheses 62 3.2. Endogenous Theoretical Syntheses 65 3.3. Results of Empirical Analysis 68 Chapter 4. Demand Determinants of Innovative Processes in the Transitional Phase of Development 77 Introduction 77 4.1. The Demand Side of Innovativeness – a Review of Literature 80 4.1.1. The Demand Side of Economic Development 80 4.1.2. The Neoclassical Theory of Consumer Choice 82 4.1.3. Changes in Consumer Preferences 85 4.1.4. Technological and Cultural Innovations 89 4.2. Empirical Studies 91 4.2.1. Hypotheses 92 4.2.2. Results of Statistical Analysis 95 4.2.3. Regression Models 103 4.2.4. Conclusions and Recommendations 107 Chapter 5. Supply Factors of the Innovativeness of Polish Economy in Transitional Development Phase 111 Introduction 111 5.1. Theoretical and Research Basis 112 5.2. Analysis of Results 125 5.3. The Financial Zone of Innovative Enterprises 139 5.3.1. Research Assumptions and Methods 139 5.3.2. Basic Data and Financial Ratios of the Surveyed Enterprises 142 5.3.3. An Analysis of Correlation between Spending on Innovation and the Selected Economic and Financial Values 144 5.4. The Internet and Digital Technologies in the Operation and Strategies of Enterprises 150 Chapter 6. The Role of Research Sector in the Transition towards Innovation driven Economy 159 Introduction 159 6.1. Research Sector and Investment driven Economy 160 6.2. Research Sector and Innovation driven Economy 163 6.3. Polish Science and Economy in the Transitional Stage of Economic Development 167 6.4. Business and a Research Unit – Mutual Expectations 171 6.5. Cooperation between the Research Sector and Economy in Poland 174 Summary and Recommendations 185 References 195 List of Tables 209 List of Figures 211