EU Financing and Innovation in Poland

44 Pages Posted: 8 Feb 2018

See all articles by Dan Breznitz

Dan Breznitz

University of Toronto - Munk School of Global Affairs and Public Policy

Darius Ornston

University of Georgia - School of Public and International Affairs

Date Written: January 17, 2017

Abstract

Since the collapse of communism, Poland has distinguished itself as one of the best performing economies in the European Union. However, the recent deceleration in growth has raised concerns about a “middle income trap”. Poland ranks among the lowest in the European Union on various measures of innovation, and its innovation system is relatively weak. In this context, the injection of EU funds focused on novel product R&D by private firms is a valuable opportunity. The main fear is that this EU-funded “innovation tsunami” may have negative side effects as well. Accordingly, we offer some policy recommendations under the constraints of an already agreed upon EU programme.

Keywords: Poland, European Union, Structural and Cohesion Funds, Innovation Policy, Middle-Income Trap, Innovation, Economic Growth, Venture Capital

JEL Classification: F12, F13, F14, F15, O30, 031

Suggested Citation

Breznitz, Dan and Ornston, Darius, EU Financing and Innovation in Poland (January 17, 2017). EBRD Working Paper No. 198, Available at SSRN: https://ssrn.com/abstract=3119663 or http://dx.doi.org/10.2139/ssrn.3119663

Dan Breznitz (Contact Author)

University of Toronto - Munk School of Global Affairs and Public Policy ( email )

Toronto, Ontario
Canada

Darius Ornston

University of Georgia - School of Public and International Affairs ( email )

Athens, GA 30602-6254
United States

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