Abstract
Abstract. Th e business cycle is an important factor that can often aff ect the decisions to un-dertake or discontinuance of the innovation activity by the industrial enterprise, both in Poland, but also in more developed countries. Th e primary objective of the study is the attempt to search for directions, as well as the impact of economic conditions on the innovation activity of Polish enterprises in the area of the industrial system of the Mazowieckie province. As a result, it is possible to determine the boundary conditions for the regional network of innovations and its model structure. Keywords: innovation, business cycle, region, industry, Poland JEL Classifi cation: O31, E32, R11, L10, L60 INTRODUCTION Th e problem of business cycle on innovation activity of enterprises is not a new phenomena, but still present, what is confi rmed by constantly emerging publications in this fi eld, both on the domestic and for-eign market (Dominiak, Churski 2012; Etzkowitz, Leydesdorff 2000; Archibugi at al. 2013; D’Estea at al. 2012). At the enterprise level, literature in economics shows varied impact of the economic slowdown on the dynamics of innovation expenditures. Th ere exists a broadly described dispute in this regard. Traditionally, investments in new technologies should be treated as the anti-cyclical measure for those operating on the enterprise market, because the limitations found in the slowdown period infl uence the level of their profi t-ability, what generates the imperative of searching for paths to obtain higher productivity. Th erefore, accord-ing to the concept of „creative destruction” of J. Schumpeter, the crisis creates new perspectives for economic entities (Schumpeter 1939). As the result of this, many of them should seek to reorganize structures and to improve the quality of own innovation activity. Th e manifestation of this approach should be the person-nel of research and development sphere, which in the period of crisis is subject the natural phenomenon of
Highlights
E problem of business cycle on innovation activity of enterprises is not a new phenomena, but still present, what is con rmed by constantly emerging publications in this eld, both on the domestic and foreign market (Dominiak, Churski 2012; Etzkowitz, Leydesdor 2000; Archibugi at al. 2013; D’Estea at al. 2012)
E primary objective of the study was, the attempt to search for directions, as well as the impact of economic conditions on the innovation activity of enterprises in the area of the industrial system of the Mazowieckie province
For all analysed areas of innovation there were obtained statistically important parameters with the positive sign, without exception. is means that industrial enterprises are statistically more often likely to undertake each of the analyses innovation activities in the recovery phase than in other phases of the business cycle. ese positive dependencies can be noticed both for the nancial expenditures incurred on studies and development, implementation of new technological processes, and the innovation cooperation. us, the obtained study results con rm the sense of support of this group of subjects using various instruments of the innovation policy either on the domestic or regional level. On this stage of considerations, doubts are brought by the hypothesis about the anti-cyclical innovation activity of enterprises of the national industrial system in Poland
Summary
E problem of business cycle on innovation activity of enterprises is not a new phenomena, but still present, what is con rmed by constantly emerging publications in this eld, both on the domestic and foreign market (Dominiak, Churski 2012; Etzkowitz, Leydesdor 2000; Archibugi at al. 2013; D’Estea at al. 2012). E study used a number of independent variables: the size of economic entities (divided according to: micro, small, medium and large enterprises) Dependent variables in this case are mostly: a) size of expenditures on the innovation activity in relation to their structure, b) implementation of new processes and products taking into account speci c solutions (new technological processes and new products), c) subjective approach of the innovation cooperation. Us, the obtained study results con rm the sense of support of this group of subjects using various instruments of the innovation policy either on the domestic or regional level On this stage of considerations, doubts are brought by the hypothesis about the anti-cyclical innovation activity of enterprises of the national industrial system in Poland
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