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Innovations Financed by Polish Enterprises from SME Sector

Author

Listed:
  • Janusz GRABARA

    (Faculty of Management, Czestochowa University of Technology)

  • Paula BAJDOR

    (Faculty of Management, Czestochowa University of Technology)

Abstract

Innovation, the process of their inventing and implementing, is now one of the most important activities of the enterprise. Nowadays, innovation is not only forced by the continuous technological development, but also by the demands of customers, who constantly demand new products or services. Polish companies from the SME sector, realize that innovation can even influence their further development, gaining market share and further activities. However, unlike Western companies, Polish businesses continue to face difficulties related to financing innovation. This article briefly presents the main problems faced by Polish firms, seeking to raise funds for the financing of innovation and what help is most desired by them.

Suggested Citation

  • Janusz GRABARA & Paula BAJDOR, 2013. "Innovations Financed by Polish Enterprises from SME Sector," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 61(4), pages 168-174, December.
    • Handle: RePEc:rsr:supplm:v:61:y:2013:i:4:p:168-174
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