Entrepreneurial Economy – Conditions, Classification and the Level of Diversification of the EU Member States Cover Image

Entrepreneurial Economy – Conditions, Classification and the Level of Diversification of the EU Member States
Entrepreneurial Economy – Conditions, Classification and the Level of Diversification of the EU Member States

Author(s): Dawid Szkopiński
Subject(s): Business Economy / Management
Published by: Społeczna Akademia Nauk
Keywords: knowledge-based economy; the European Union; hierarchical agglomeration method; method of k-means; innovation ranking

Summary/Abstract: The aim of this study is to evaluate the gap which divides the Polish economyfrom the modern knowledge-based economy (KBE) of other EU member states. The article consists of two parts: theoretical and empirical. The first part was characterized by the notion of a knowledge-based economy in the theory of economic and social development.Described were stages of transition from a capital-intensive economy to knowledge-intensiveeconomy. In the second part of the article analyzed were the statistical data, determining the level of development of the knowledge based economy in the EU. Author,tried to emphasize the factors of the development of knowledge-based economy, such asexpenditure on R&D, the percentage of the workforce, employed in science and high-techtechnology and others variable in the field of science and technology. According to author,investments in the above mentioned areas will allow countries, with a similar level of economic development to Poland, to catch up the countries, in which KBE is functioningproperly.

  • Issue Year: 18/2017
  • Issue No: 1.1
  • Page Range: 301-314
  • Page Count: 14
  • Language: English