ECONOMIC POLICY AND INNOVATION SYSTEM ADJUSTMENT

• Authors: Ciborowski Robert
• Languages of publication: EN

Abstracts

EN

Development of innovation capabilities both in research and applied aspects and improvement of institutional structure are main problems in modern economies. Enterprises couldn't create innovations without more institutional and policies support but they couldn't apply effective innovation solutions without a free market (Prahalad, Krishnan 2010, Von Tunzelmann 1995). That is why it seems that economic system functioning and especially economic policy might become a crucial factors determining the nature and dynamics of innovation development processes. Creating new innovation structure (via economic policy) and transfer of technologies should support modernisation processes in companies and creation of development opportunities for the national economy as a whole [Burton-Jones 2001; Dore, Lazonick, O'Sullivan 1999; Varieties of Capitalism 2001[. Those processes should will accelerate technological convergence of low-developed economies. The main aim of the paper is to describe and interpret two processes: 1) the impact of the institutional changes and market environment on the changes in the circumstances of innovation process, and 2) the role of innovation and technology transfer in the formation of the economic system with the support of economic policy.

Keywords

EN

ECONOMIC POLICY; INNOVATION SYSTEM; INSTITUTION

Discipline

• ECONOMICS: ECONOMICS

• Journal: Optimum. Studia Ekonomiczne
• Year: 2011
• Issue: 5(53)
• Pages: 16-27
• Document type: ARTICLE

Contributors

author

Ciborowski Robert

• Dr hab. Robert Ciborowski, prof. UwB is a research worker at Faculty of Economics and Management, University of Bialystok

Identifiers

CEJSH db identifier

11PLAAAA10942