Revenue versus Knowledge Resources in Poland’s Most Advanced Enterprises Cover Image

Výnosy a znalostní zdroje v nejmodernějších podnicích v Polsku
Revenue versus Knowledge Resources in Poland’s Most Advanced Enterprises

Author(s): Jan Zwolak
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: knowledge resources; innovations; research and development; revenue

Summary/Abstract: The relationship between sales revenues per full time employee, research and development (R&D) expenditure and employment in Poland’s most advanced enterprises was examined for 2007 using econometric modelling. The level of innovation intensity varied from 1% to 10%. The research demonstrated that knowledge resources and sales revenues are positively correlated and that the former is having an ever greater impact on the latter. Ceteris paribus, a positive correlation between R&D expenditure on the one hand and sales revenues on the other was observed even in enterprises with an innovation intensity of 1%. In enterprises with an innovation intensity of 1 – 10%, R&D expenditure contributed to a more efficient allocation and utilisation of labour resources. This was a significant factor in developing enterprises and enhancing their competitiveness.

  • Issue Year: 57/2009
  • Issue No: 04
  • Page Range: 359-366
  • Page Count: 8
  • Language: Slovak