Abstract

Industrial structures in the “catching up” type of countries usually are not too competitive in nature, and mainly they differ in the low share of high-technology products in the international trade. The aim of the conducted studies was an attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation activity of the Polish industrial system. Consequently, this was to allow to determine the boundary conditions for the national network of innovations and its model structure, which would take into account the specificity of Poland. The methodical part of the paper was based on the theory of probability (probit modelling). Based on the analysis performed based on 5209 industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation activity is significantly higher than in other phases of the business cycle. On the other hand, during recession and stagnation, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the occurrence of the counter-cyclical approach to the conducted innovation activity in the national industrial system. The economic situation is thus an important factor, which influences the decision whether to undertake, activate or, in some cases, limit the innovation activity in companies. Therefore, there is a need to take into account the existing market conditions in the programming of the innovation policy within the impact on the phenomenon of the innovation processes in Poland.

Highlights

  • In Europe there is a the systematic, but slow process of recovery from the economic crisis, which is confirmed by various economic indicators in individual member states of the European Union

  • After analyzing the relationships taking place between the economic prosperity and activity in the sphere of innovation activity in the national industrial system, it can be observed that this phenomenon is mostly cyclical and is shaped like in other countries

  • During the period of revival, the increase of interest in financing and implementing new technologies can be observed, while during recession and the economic stagnation, the entities resign from conducting the innovation activity

Read more

Summary

Introduction

In Europe there is a the systematic, but slow process of recovery from the economic crisis, which is confirmed by various economic indicators in individual member states of the European Union. This allows for an optimistic look into the near future. In a short period of time, the lack or limitation of financing such activity of the companies may result in the stretched or reduced budgets for creating and implementing new technologies, which will lead to delays in developing new products and processes, limitation of their quality, and even stopping the part of the innovation projects. The most qualified employees are “stored” in the company thanks to the lower qualification personnel (Soete, 2009) This generates new potential possibilities to develop

Objectives
Methods
Findings
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call