The article concerns the importance of innovation for the development of small firm. The author discusses most important questions of development, which are based on innovation. There are presented methods of financing innovation in small firms as well as decisions to be taken in the field of financing. At the end of the article the author offers some conclusions and recommendations for the sector.
B. Filipiak, Uniwersytet Szczecinski, al. Jednosci Narodowej 22a, 70-453 Szczecin, Poland
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