Investment Priorities and the Innovation of Enterprises in Poland

Abstract

The feature of contemporary enterprises is an aspiration of achieving the competitive edge thanks to investments in the knowledge and innovation. Apart from investment in tangible capital, more and more enterprises undertake many initiatives directed at the development of the intellectual capital. It gives them the chance both to the maintenance, as well as the improvement in the competitive position in the long-term prospect. Unfortunately, many enterprises in Poland still seem not to appreciate the significance of investment in intangible capital. Irrespective of the structure of investment, it should be stated simultaneously, that the investment activity of these entities relating to UE-27 countries is not only low, but what is worse insufficient from a point of view of developmental needs of the Polish economy. The purpose of the study is to present investment activity of enterprises in Poland, with paying special attention to the value and the structure of investment in tangible and intangible capital, as well as their influence on the innovativeness of this sector. Undertaken issues are unusually important, especially in the context of the low innovativeness of enterprises in Poland, being an important barrier in the process of building a modern economy, for which the knowledge and innovation constitute the driving force.