FINANCING INNOVATION ACTIVITY BASED ON THE EXAMPLE OF ENTERPRISES FROM PERIPHERAL REGIONS
Journal Title: Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu - Year 2018, Vol 0, Issue 1
Abstract
The aim of the work is to characterize the scale, sources of financing and the allocation of financial outlays for innovative activities in the surveyed enterprises. The enterprises are located in two counties of the region showing the characteristics of peripherality. The most important barriers to innovative activity were also examined. The work was based on the results of surveys using the interview questionnaire carried out in the examined counties of the Lublin voivodeship. The research material consists of 147 interviews with entrepreneurs. The research were conducted in 2015. They covered the period 2010-2014. The study showed that expenditures aimed at increasing the innovativeness of enterprises were rarely made and were intended mainly to strengthen their material potential. Entrepreneurs financed innovative activity almost exclusively from their own resources. Entrepreneurs mostly noticed the existence of barriers to innovative activity. The barriers mainly concerned limited possibilities of financing the innovative activity and high level of its costs.<br/><br/>
Authors and Affiliations
Mieczysław Adamowicz, Magdalena Anna Zwolińska-Ligaj
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