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Poland: Emerging Innovation Leader of the Visegrad Group

Wyślij Print Pobierz added: Marek Kubel-Grabau | 2015-12-14 09:47:05

Report of the Central & Eastern Europe Development Institute on economic innovativeness of the Visegrad Group countries

The driver of Poland's development has been creativity, potential for implementing all sorts of innovation and the spirit of the Poles with their notable entrepreneurial achievements. These have been drivers of the economic growth throughout the last two decades. Social cohesion is an important part of Poland's success. In its 2014 'Global Welth Report', Credit Swiss noted that Poland was one of two countries with increasing social cohesion measured in terms of control of percentage of wealth ownership. In 2000, 10% of Polish citizens controlled 70% of the country's wealth. By 2014, this indicator dropped to 62,8%. Social cohesion may be an important factor driving sustainable growth, creativity and innovativeness, as in the case of Scandinavian countries.

The next step for Poland, as well as other Visegrad Group countries, is to focus on further increasing investment in R&D, building academia-industry partnerships, providing capital to high-growth companies, and integrating innovation ecosystems within countries and with most innovative economies worldwide. While all countries of the Visegrad Group progress towards these goals, the impact of changes is most evident in Poland.



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