The Role of Human Capital in the Process of Creating and Implementing Innovative Solutions in Polish Small Enterprises Cover Image

Rola kapitału ludzkiego w procesie kreowania i wdrażania innowacyjnych rozwiązań w polskich małych przedsiębiorstwach
The Role of Human Capital in the Process of Creating and Implementing Innovative Solutions in Polish Small Enterprises

Author(s): Agnieszka Drews
Subject(s): Economy, National Economy, Business Economy / Management, Evaluation research, Human Resources in Economy
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: innovative potential; human capital; small businesses;

Summary/Abstract: Many management practitioners in view of the dynamics of changes are currently in the business environment wonders “What is the recipe for the success of modern enterprise?”. The answer often comes down to one word – “innovation”. Effective management of the innovation process involves having adequate financial and intellectual capital resources, the ability to exploit emerging opportunities, and the multi-faceted look at the functioning of the organization. Today, however, the key role of the human factor in the generation and adaptation of innovative solutions is underline. In view of the above, the aim of this article is to try to evaluate the importance of human capital (both management and lower level staff) in the development of small business innovations. The paper presents a part of the results of an empirical study carried out in 2015 on a representative sample of Polish small enterprises. The importance of human capital in the innovative process of small businesses is clearly present in three areas: as the basic source of information for innovative activity, as the key elements of the entity innovative potential, and as a factor having a direct impact on the number of implemented innovative solutions and competitive position on the market.

  • Issue Year: 180/2018
  • Issue No: 1
  • Page Range: 79-96
  • Page Count: 18
  • Language: Polish