The economic cycle and the innovation activity of the Polish industry system
DOI:
https://doi.org/10.12775/EQUIL.2015.014Keywords:
innovation, economic cycle, industrial system, probabilityAbstract
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.
Downloads
References
Archibugi, D., Filippetti, A., Frenz, M. (2013). The impact of the economic crisis on innovation: Evidence from Europe. Technological Forecasting & Social Change, 80(7). http://dx.doi.org/10.1016/j.techfore.2013.05.005
Barrett, C. W., Musso, C. S., Padhi, A. (2009). Upgrading R&D in a downturn. The McKinsey Quarterly, 2.
Canton, E., Uhlig, H. (1999). Growth and the cycle: Creative destruction versus entrenchment. Journal of Economics, 69(3). http://dx.doi.org/10.1007/BF01231161
Clark, J., Freeman, C., Soete, L. (1981). Long waves, inventions, and innovations. Futures, 13(4).
D?Estea, P., Iammarinob, S., Savonac, M., von Tunzelmann, N. (2012). What hampers innovation? Revealed barriers versus deterring barriers. Research Policy, 41(2).
Dominiak, J., Churski, P. (2012). Rola innowacji w kształtowaniu regionów wzrostu i stagnacji gospodarczej w Polsce. Studia Regionalne i Lokalne, 4.
Etzkowitz, H., Leydesdorff, L. (2000). The dynamics of innovation: from National Systems and ??Mode 2?? to a Triple Helix of university?industry?government relations. Research Policy, 29.
Francois, P., Lloyd-Ellis, H. (2003). Animal Spirits through Creative Destruction, The American Economic Review, 93(3). http://dx.doi.org/10.1257/000282803322156972
GUS (2012). Działalność innowacyjna przedsiębiorstw w latach 2009-2011. Informacje i opracowania statystyczne, Warszawa.
Jasiński, A. H. (2014). Innowacyjność w gospodarce Polski. Modele, bariery, instrumenty wsparcia. Warszawa: Wyd. Uniwersytetu Warszawskiego.
Cincera, M., Cozza, C., Tübke, A., Voigt, P. (2010). Doing R&D or not, that is the question (in a crisis?). JRC: IPTS working paper on corporate R&D and innovation, 12.
KE (2013). Innovation Union Scoreboard 2013 from http://ec.europa.eu (26.09.2013).
Madrid-Guijarro, A., García-Pérez-de-Lema, D., Van Auken, H. (2013). An Investigation of Spanish SME Innovation during Different Economic Conditions. Journal of Small Business Management, 51(4). http://dx.doi.org/10.1111/jsbm.12004
Malerba, F., Orsenigo, L. (1995). Schumpeterian Patterns of Innovation. Cambridge Journal of Economics, 19.
Marceau, J. (2002). Divining directions for development: a co-operative industry-government-public sector research approach to establishing R&D priorities. R&D Management, 32.
OECD (2005). Podręcznik Oslo. Zasady gromadzenia i interpretacji danych dotyczących innowacji. Wydanie trzecie. Paryż.
OECD (2009). Policy Responses to the Economic Crisis: investing in Innovation for Long-Term Growth. Paris.
Paunov, C. (2011). The global crisis and firms? investments in innovation. Research Policy, 41.
Pavitt, K. (1999), The Nature of Technology. In K. Pavitt (Ed), Technology, Management and Systems of Innovation. Cheltenham: Edward Elgar.
Schumpeter, J. (1939). Business Cycle. A Theoretical, Historical and Statistical Analysis of the Capitalist Process. New York Toronto London: McGraw-Hill Book Company.
Shleiffer, A. (1986). Implementation Cycles. The Journal of Political Economy, 94(6). http://dx.doi.org/10.1086/261428
Soete, L. (2009). Challenges for making European research an engine of competitiveness. Presented at VINNOVA workshop: How can a future ERA support and stimulate research, innovation, and sustainable economic growth in Europe? Berlin, March 17th,
Stanisz, A. (2007). Przystępny kurs statystki. Tom 2. Kraków: Statsoft.
Stiglitz, J. (1993). Endogenous Growth and Cycles, NBER WP N°4286,.
