Innovativeness of polish companies and the economic growth of the country

Abstract

Recently, Poland, despite low level of innovation, experienced quick economic growth. This growth involved quick accumulation of capital, inflow of modern technology from abroad and rapid improvement of the society’s education level. These factors are gradually being depleted. Poland, just to keep up with the development of European countries, has to follow the path to innovative development. The aim of this article is the diagnosis of the current state and the assessment of perspectives for innovation growth in Poland. In the article characterised was the current level of innovation, barriers in the national innovation development and growth perspectives were pointed out. This assessment is based on literature analysis and statistic data concerning Poland.

Keywords

• innovation
• business
• innovative economy
• technological progress
• human capital
• intellectual capital