Low Level of Innovativeness and the Middle Income Trap – Polish Case study

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dc.contributor.authorPruchnik, Kamil
dc.contributor.authorToborowicz, Jerzy
dc.date.accessioned2018-05-17T14:42:44Z
dc.date.available2018-05-17T14:42:44Z
dc.date.issued2014
dc.description.abstractThe aim of this paper was to verify whether Poland managed to avoid or still might fall into the middle income trap. The paper provides a literature overview concerning the middle income trap. Though there are diverging interpretations of the notion of middle income trap, common conclusions of economists emphasize the importance of innovation-based transformation of economies as a way of avoiding the trap. Further, the paper overviews literature concerning public policies which support this much-needed transformation. We conclude that countries such as Finland, Israel or the USA implemented well-designed top-down economic strategies, which promoted the development of innovations and established effective implementation agencies. Exceptions from this model are some resource rich countries, which managed to avoid the middle income trap without the implementation of such policies, but these countries face in most cases the danger of falling into another trap, called ‘the Dutch disease’. In a subsequent part of the article, we attempt to apply the middle income trap concept to Poland and conclude that it is not possible to clearly state whether Poland avoided the trap or not. This is followed up by a literature-based review of the most common obstacles to innovativeness in Poland. The current growth engines might not be sufficient to ensure economic growth fast enough to speed up the catching up with the most developed countries. pen
dc.identifier.citationPruchnik, K., Toborowicz, J., Low Level of Innovativeness and the Middle Income Trap – Polish Case study. Journal of Entrepreneurship, Management and Innovation (JEMI), 2014, vol. 10, nr 2 : Perspectives on Innovations Management – Environmental, Social and Public Sector Innovations. Ed. by K. Klincewicz, A. Ujwary-Gil, s. 141-157en
dc.identifier.issn2299-7326
dc.identifier.urihttps://open.icm.edu.pl/handle/123456789/15347
dc.language.isoen
dc.publisherWyższa Szkoła Biznesu - National Louis Univeristyen
dc.rightsUznanie autorstwa-Użycie niekomercyjne-Na tych samych warunkach 3.0 Polska*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/pl/*
dc.subjectinnovationen
dc.subjecteconomyen
dc.subjectstrategyen
dc.subjectsocial capitalen
dc.subjectinstitutionsen
dc.subjecthuman capitalen
dc.subjectinfrastructureen
dc.subjectmiddle income trapen
dc.titleLow Level of Innovativeness and the Middle Income Trap – Polish Case studyen
dc.typearticleen
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