New report of Institute of Finance – Solutions conducive to innovation and R&D activity in Poland against the background of selected countries

The report by the Institute of Finance describes an important topic of legislative solutions fostering innovative economy

Recent years have been the time of growing importance of the knowledge-based economy. Innovations as well as research and development activities have been crucial in achieving economic growth by developed countries. Recognizing the possibilities and countless benefits of this type of economy, countries are more and more often deciding to introduce regulations to support development in these key areas. An analysis of these solutions is the subject of this report.

When discussing the most interesting solutions supporting the innovative economy, the authors first introduce the meaning of related concepts. What is innovation? What is R&D? Are these concepts the same, or are they different? These concepts have been explained on the basis of current international thematic manuals.

In this study, the solutions in ten European countries have been analysed. The research group was selected in such a way as to analyse both the largest economies of our continent (Germany, France, Great Britain) and neighbouring countries at a similar level of development (for example, other members of the Visegrad Group, i.e. the Czech Republic, Slovakia and Hungary). The analysis focused, on the one hand, on the preferences in terms of levies that such ‘innovative’ entities have to pay (taxes, social security contributions, etc.), and, on the other hand, on any public funding programmes for this type of activity.

Ideas taken from other countries are juxtaposed in the last chapter with solutions functioning in Poland. The history of the evolution of innovation and R&D support instruments up to the present time is described. How can we better encourage entrepreneurs to conduct research and development activities in Poland? Potential areas for development based on inspiration from the solutions in the analysed countries are indicated at the end of the report. Publication in Polish.