Innovativeness and competitiveness of Belgian economy

• Autorzy: Prystrom J.
• Języki publikacji: EN

Abstrakty

EN

Innovativeness is perceived as one of the most important driving forces of economic condition. The issue concerns both individual economic entities as well as whole economies. Innovativeness, in fact, brings various positive results. Innovative activity provides possibility to introduce new, innovative products or services on the market, use of more effective and frugal production methods, etc. Consequently, it provides the chance for business development, introduction on new markets or increased participation in the present ones. It may often result in an increased production or possibility to create new work places. With regard to economic situation it may result in an increase of GDP or a decrease of unemployment rate, which profoundly influences economic situation. [Prystrom, 2013, p. 82] The aim of the hereby study is to introduce the core of innovations and present chosen factors determining innovativeness in constructing competitive advantage, on the basis of Belgian economy, considered to be one of the most innovative and competitive in the world.

Słowa kluczowe

EN

innovativeness; competitiveness; economy; institutional environment; Belgium

• Wydawca: -
• Czasopismo: Intercathedra
• Rocznik: 2015
• Tom: 31
• Numer: 1
• Opis fizyczny: p.49-59,fig.,ref.

Twórcy

autor

Prystrom J.

• Faculty of Management, Bialystok University of Technology, Bialystok, Poland

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