The experience of the developed countries shows that the innovation are motive force of every economy and they are influencing a long-term growth potential. Innovation policy of a country shall play an extremely important role in the development of innovation processes. Innovation policy should be a well-balanced combination of generating the knowledge by means of choosing a sector strategic for a particular economy and eliminating obstacles to a capital access. The aim of this article is to present innovation policy and its role in the constantly changing economy.
The authors of the article present issues relating to innovation management in organisation. They discuss factors that determine making innovative decisions as well as new strategy, i.e. Europe 2020 that may be an opportunity to redefine Polish innovation policy and a chance for Polish enterprises to develop. The authors emphasize a fundamental role of capital in financing innovative activity conducted by enterprises, and present one of models for the implementation of public and private capital in financing this sphere.
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