Exogenous, civilizational, and systemic determi-nants of innovative development of the Polish economy Cover Image

Egzogenne, cywilizacyjne i ustrojowe uwarunkowania innowacyjnego rozwoju polskiej gospodarki
Exogenous, civilizational, and systemic determi-nants of innovative development of the Polish economy

Author(s): Elżbieta Mączyńska
Subject(s): Economy
Published by: Instytut Nauk Ekonomicznych Polskiej Akademii Nauk
Keywords: secular stagnation; anomy; GDP; labor market; antinomic drift

Summary/Abstract: The present paper deals with the fundamental dysfunctions, barriers, and threats to shaping an effective government and corporate innovation policy. Among those threats, of particular importance is short-termism in socioeconomic policy-making in such areas as innovation and investment, leading to the marginalization of the culture of strategic thinking and long-term forecasting. The objective of the paper is to indicate both opportunities for the socioeconomic development of Poland and threats linked to the secular stagnation emerging in the Western world, as formulated in the “New Secular Stagnation Hypothesis.” Methodology – The paper is based on a study of the Polish and international literature dealing with the discussed subject matter. The presented, hermeneutically inspired views and conclusions, are also grounded in analysis of statistical data, which suggests that while Poland has a relatively robust development potential, it also faces strong barriers to its effective utilization. This is refl ected in the symptoms of antinomic drift identifi ed in the paper. Due to the threats of stagnation in Poland, socioeconomic policy should be redefi ned and reoriented towards a more rational labor market and efforts to alleviate unemployment, which is one of the most severe forms of resource wastage. The study combines secular stagnation theory with analysis of barriers to the development of Poland

  • Issue Year: 2015
  • Issue No: 3
  • Page Range: 314-330
  • Page Count: 17
  • Language: Polish