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Państwo w roli innowatora
The State as Innovator

Author(s): Elżbieta Pohulak-Żołędowska
Subject(s): Economy, Business Economy / Management, Micro-Economics
Published by: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
Keywords: breakthrough innovation; market failure; coopetition; seed capital

Summary/Abstract: The article shows that breakthrough innovation is improved when the State actively finances R&D. The State must financially support the innovation process when the markets are incomplete or when high-risk capital does not come through. The State’s innovation policy should serve to realise the concept of sustainable development and foster cooperation between participants in the innovation process.

  • Issue Year: 962/2017
  • Issue No: 2
  • Page Range: 43-54
  • Page Count: 12
  • Language: Polish