Modern companies must continuously develop their skills to meet the demands of the market. Independent development of these competencies (ex. through knowledge management and R&D) is insufficient and therefore companies seek new competences in their environment, among their suppliers, competitors, research institutions, universities. But still, customer is only a little appreciated source of knowledge. As far as institutional client is concerned, it often can give a company a broad knowledge along with his requirements for products or services, whereas the individual client is often ignored. Classical knowledge management systems and CRM acquire information about the client and possibly only the elementary knowledge from him, but without engaging potential customer directly in the process of creating new knowledge. The customer knowledge management (CKM) properly fills that gap. The main aim of CKM is to optimize the exchange of knowledge between the firm and its institutional and individual clients and use their creative potential. In the article CKM is defined as an activity of planning, organizing and controlling projects with regard to knowledge and innovation potential of a customer. The aim of this activity is gaining customer knowledge and its further developing by combining obtained knowledge with the company's one, and also jointly creating a new knowledge to improve the company's activities and development of innovative solutions (especially products and services). The article describes the differences between knowledge management, CRM and CKM, and characterizes the main processes on which CKM focuses. It also tells how to implement CKM and stresses that its worth of practical implementation, further development research.
Friendship between New Delhi and Moscow began during the Cold War. Many of the Indian scientific and technological achievements (especially in the field of space research and nuclear energy) became possible thanks to the strong support of the Soviet Union. The purpose of this article is to present two areas of cooperation between India and Russia, which are not so popular in publications – science & technology and space cooperation. Both of these areas prove that the Russia-India cooperation goes beyond the export of military equipment and political statements. It also shows that both countries cooperate with each other on the basis of equal partnership and share technological achievements.
The aim of the article is to discuss the innovation policies implemented in Argentina, Brazil and Mexico, which promote innovativeness of enterprises. It is claimed that the innovation policies in those countries should increasingly contribute to the so-called inclusive growth, which may be achieved by supporting the innovativeness of enterprises, SMEs in particular, as well as through the greater mobilisation of these entities to become actively involved in the promotion of innovation.Its promotion is considered to be the key course of action to boost the economic growth in Argentina, Brazil and Mexico. The innovation policy should account for the aspect of inclusiveness and should be strongly focused on the structural modifications of national innovation systems in the discussed countries, with priority support for enterprises, including both small and medium ones as well as their capabilities to create innovations and absorb them.
Maintaining a high level of R&D and efficient innovation can enable enterprises to survive and win a better position in the international market. Both these fields require considerable amounts of money, which, unfortunately, is not one of Poland’s strengths, neither in terms of government spending nor enterprises’ own resources. It is also essential to change the mentality entrepreneurs and encourage them to apply for both national and EU funding. Stimulation of R&D and innovation can become a basis for improving the competitiveness of the companies in the domestic and international market. This article discusses the main characteristics of research and development activity, its main determinants and the importance of marketing and knowledge in R&D.
The growing popularity of service offshoring is one of the most important manifestations of economic globalisation. Cooperation with offshoring partners is increasingly part of the activities of international corporations. Also research and development units are more and more often relocated. In addition, the Polish economy is becoming a vendor of R&D investment. Such a trend can significantly improve the efficiency of the Polish R&D sector, which in comparison to developed countries is still at a very low level of development. Offshoring of research services (mainly in the form of foreign investment) will include inflow of knowledge and technology from the parent company. Moreover, this kind of offshoring increases the value of human capital and, above all, serves as additional capital necessary for the proper development of the R&D sector.
Innovation determines expansion or just existence of enterprises. It’s an important element of competitive advantage and it is a characteristic that encourages customers to buy novelties. Unfortunately, with innovation activity closely related is uncertainty risk, that means insecurity that costly process of creating innovation solutions will succeed. By dint of necessity of high costs of innovation activity, only small percent of enterprises have their own research and develop-ment buck-up. More and more popular become external sources of information for innovative activity, such as: customers, research and development networks, con-ferences, scientist publications and journals. The paper presents sources of infor-mation used by polish enterprises in innovation activity, classify them and show its essence and importance. Main attention is put on sources, which according to modern theories of innovation and practice of innovative firms, are the most im-portant, that means internal R&D activity and customers. An additional value of the paper is a discussion on the ways and the sense of measure the influence of chosen sources of information on the process of creation innovations in companies.
The study identifies factors determining accounting policy in respect to signaling results of undertaken R&D activity. Under International Financial Reporting Standards there is a choice between the capitalization of R&D expenses in the form of intangible assets or treating them as reporting period costs thus decreasing financial result. In order to test if the decision to capitalize development expenditures is a way of signaling the success of undertaken research and development (R&D) activity to the stakeholders, a logistic regression analysis was performed on a sample of 112 non-financial firms listed on the WSE in 2010–2013. Development of enterprises in the global market depends on the implementation of innovative products and services. This can be achieved through the use of available intellectual resources and by investing in the R&D activity.
Basing on official statistical data, the article presents changes in R&D taking place in Poland in 1975-2009. In 1975 the Polish centrally-planned economy held a strong position in Europe, especially if we measure it by the number of scientific and technical staff employed in research and development. After transition to a market economy, the level of employment in R&D continually decreased and in 2009 reached 40% of the level from 1975. At the same time, the European Union experienced growth of employment in R&D; for example in Spain R&D employment grew 17-fold (by 1688%).Poland will need to increase its innovativeness in order to effectively compete in the global economy.
The study offers a new reading of innovative environment, which when taken together constitute the basis for thinking about regions, society and space through the lens of smart specialisation. The aim of article is the identification and characterisation of the main features and challenges of smart specialisation, understood as a strategic approach to economic development through targeted support to research and innovation. This approach combines industrial, educational and innovation policies to suggest that countries or regions pinpoint and select a limited number of priority areas for knowledge- -based investments, focusing on their strengths and comparative advantages. In the article, three case studies (from Poland, the Czech Republic and Turkey) of different types of implementation of smart specialisation illustrate the utility of the intelligent policies.
This paper examines the value relevance of intangibles expressed by R&D expenditures and intangible fixed assets, and other variables with the firm value. Using the regression approach for 1 520 observations in years 2011 – 2015, we found out that R&D expenses to total assets can significantly explain market to book value ratio of selected companies. Results of our analysis indicate the more accelerated increase of firm value with the increase of R&D expenses to total assets in comparison with the increase in relation to other regressions. An interesting fact is that intangible fixed assets to total assets are not statistically significant, indicating that the market does not evaluate passive strategy of externally acquiring intangible assets instead of their own development.
The Polish economy is a semi-developed one with a real chance to reduce the distance to highly developed countries. For this to happen, however, an efficient R&D model is among the crucial prerequisites. R&D makes it possible to accelerate structural modernisation and, as a consequence, contributes to increased international competitiveness. This, in turn, in the time of globalisation, can ensure constant economic growth. Nowadays, most countries with a high level of international competitiveness rely on intra-industry specialisation. It seems that Poland has also reached the limit of inter-industry trade expansion, and thus it needs to enhance intraindustry trade. These changes can only be achieved with the help of R&D institutions.
In the context of recent amendments to the Indian Patent Act and introduction of the product patent, the present paper attempts to examine the innovative efforts of Indian pharmaceutical companies in the new patent regime. The paper finds that although R&D expenditure has increased significantly in the current decade, the increasing R&D efforts are not widespread across the firms and more than half of the Indian pharmaceutical companies do not spend at all on in-house R&D. This means that protection of intellectual property alone is not enough to encourage the firms towards innovation. Instead, it is observed that R&D expenditure varies directly the with market size of the firms, their capital intensity, exports orientation and past profitability, but inversely with their market share, selling efforts and import intensity. However, a firm's involvement in mergers and acquisition or sourcing of technology from foreign sources or variability in financial performance does not have any significant impact on its R&D efforts. Hence, the policy measures should be directed towards restricting the monopoly power of firms, encouraging exports, liberalizing imports of necessary machinery and equipment, and motivating the firms towards innovation, especially in life-saving drugs, an through appropriate incentive/disincentive structure.
Ukraine is suffering from low level of innovation activities and widening gap between the industry and research institutions, both in government and higher education sectors. This is reflected in shrinking of R&D financing, declining share of a number of graduates in natural sciences and engineering and some oth-er indicators. Orientation on development of traditional industries of the national economies, such as metallurgy, basic chemicals and agricultural products prevents the country from focusing on knowledge production sectors. Lack of demand for R&D results widens the gap between the remaining R&D establish-ments and the industrial enterprises. Ukrainian state innovation policy has not changed substantially in recent years. Up to now, the main focus of government policy mix is on direct support of innovation in the form of (partial) financing of S&T programs and provision of direct financing to selected innovation projects. The gap between the higher education sector and the industry is substantial. Current legislation does not allow universities or research institutes to be founders of a spin-off company with non-state ownership in Ukraine. At the same time, it is evident that problems of innovation development could be solved only within broader context of transformation of the national economy. Implementation of the Triple Helix (TH) concept for transformation of the Ukrainian national R&D and innovation system could open new opportunities for its development.
The relationship between systems development and systems methodologies is discussed in this paper. As the measure of system development on the macro level, Gross Domestic Product (GDP) is assumed to be the consequence of systems Research and Development (R&D), which is estimated indirectly by the number of published articles in the last 40 years. It was supposed that profit and governmental organizations are systems comprised of Production, Management and Information Systems (IS), and that their quality performance is related with its income generation, which in the future would impact the overall GDP of a country. Under such view, we also assume that such organizational processes are qualitatively improved by the application of knowledge generated by research publications, and in this study, we research for the specific case of the Systems Approach (SA), Systems Engineering (SE), Operational Research (OR), Information Systems Development (ISD) and Simulation, as the research topics for coping with organizational improvement. We looked for the articles containing the afore-mentioned variables as topic keywords, which indicate sufficient correlations with GDP and carrying information on sustainable development. We found a positive trend in the evolution of research methodologies, such as SE, ISD and OR, towards a Systems Approach and Simulation as a holistic methodology. As a result, we have proved the dynamic hypothesis of a high correlation between GDP of Top 10 + Slovenia and R&D expressed by the above-mentioned variables.
Investments in research and development (R&D) have become an inseparable element of the innovation policy of the most developed economies. Expenditure on R&D is a very profiable investment that affects the potential of entities in a country. There are actions through which the process of producing new goods and services becomes very creative and unique. Creation of an environment in which human capital will have the most favourable conditions for development is the foundation of the increase in work efficiency in the 21st century. Such a situation leads to increased competitiveness and effiiency of the global market, allowing it to continually develop. The cooperation of business and science can be a high-performance connection that currently creates the competitiveness of the global economy. A protection policy based on patents or proprietary rights must form the foundation of innovative actions that can be easily subject to theft or replicas without protection.
PL
Nakłady na prace badawczo-rozwojowe stają się niezmiernie relewantnym czynnikiem w kształtowaniu innowacyjnych rozwiązań w procesie rozwoju gospodarki światowej. Tworzenie nowych technologii czy pionierskich wynalazków stanowi obecnie fundament innowacyjności. Kapitał ludzki będący sumą wykwalifikowanych pracowników, naukowców, ich wiedzy i umiejętności, sprzyja kreowaniu produktów i usług o zupełnie nowej jakości i użyteczności. Infrastruktura naukowo-badawcza w postaci różnego rodzaju ośrodków czy laboratoriów stanowi ważny element w udoskonalaniu pracy i powiększaniu wiedzy o świecie i człowieku. Kooperacja przedsiębiorstw z ośrodkami naukowymi czy uniwersytetami składa się obecnie na nową wartość dodaną stanowiącą o światowej konkurencyjności. Pojawianie się nowych produktów i usług wzmaga rywalizację o konsumenta, wpływając na rozwój gospodarki światowej. Działania protekcyjne wyrażone m.in. w polityce patentowej mogą stanowić gwarancję tego, że wytworzone rozwiązania nie zostaną powielone przez konkurencję.
The paper discusses the effectiveness of a knowledge management system which is the result of the efficient transfer of knowledge in the market environment, in this case between scientific institutions and other institutions and enterprises in the region. Careful analysis of the literature, past experience and results of studies carried out under the “Know-how — effective communication in the regional transfer of knowledge”, provided for the formulation and above all an understanding of the expectations of “recipients” of knowledge as to the object implementation and management process and knowledge transfer.
This article aims to explore the significance of China’s technological transformation for the future of the Sino-American superpower competition. It examines determinants, motivations, strategies, and policies introduced by the Chinese authorities with an aim to close the technological distance to the most advanced economies. The author also attempts to assess policy initiatives and efforts made by China in relation to its main economic rivals, particularly the United States. The paper concludes that technological transformation remains at the forefront of China’s development strategy, and its successful implementation will be the key to achieving the superpower status and effectively address domestic and international challenges. The article concludes that China has made a significant progress in some specific areas such as R&D expenditure, Global Innovation Index, ICT industry or patents. However, contrary to the Party’s bold rhetoric, reliance on foreign technology, especially on imported advanced machinery and semiconductors, has remained.
The paper aims to find the relationship between corporate expenditures on R&D and tax burdens comparing German with French R&D incentives. We use the OLS method for the financial and patent cross-sectional data retrieved from the Amadeus database. The results confirm that firms with higher tax spread (the difference between the nominal and effective tax rates) spend less on R&D. These are in line with findings of a positive relationship between corporate R&D investment and tax burdens. Thus, firms that invest in R&D more pay higher taxes. However, they are less profitable as the return on R&D investment is visible only in the long run. German corporate expenditures on R&D are significantly sensitive to internal funds (proxied by cash flow) and depend on debt, contrary to French. The results indicate that the French firm's age (a phase of life cycle) has a significant impact on spending on R&D compared to German. Whereas in both countries, corporate expenditures on R&D are sensitive to the number of obtained patents. The capability of reducing the level of tax burdens below the nominal tax rate in the case of older German firms stimulates them to increase their R&D expenditures. However, German firms can decrease tax due to the use of R&D grants (revenues without taxation) in the absence of other tax incentives related to R&D.
Using a very small business (VSB) as a starting point the aim of the paper is to show the extent to which substantial and rapid technological, institutional and competitive changes can affect the emergence of new innovative ideas. Moreover, the paper attempts to identify a few general areas worth contemplating regarding the mechanisms of governance and the financing of young, innovative companies that stem from this research. In sectors that are subject to rapid competitive and technological changes, the structure of governance, the financing and the implementation are all key elements to their success. Results based on a case study show three distinct governance structures with related financing strategies. Hence, the personally crafted governance is reflecting by a personal or proximity (family, friends) type of financing, professional governance is accompanying by government financing (federal and provincial) and governance growth relies on institutional financing.
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