Rola sektora nauki w procesie przechodzenia do gospodarki innowacyjnej
The role of universities in the transition from the investment-driven to the innovation-driven stage of economic development

Summary/Abstract: The transition between the investment-driven and the innovation-driven stages of economic development involves the process of institutionalization of inventive and innovative activity. At the investment-driven stage of development, the inventive activity had been undertaken by inventor-amateur, who, as a rule, was only partially compensated by businesses for his capital investment, effort and risk taken. When the businesses become more innovative, inventors – amateurs are gradually replaced by professional inventive fi rms. Universities gradually become investment fi rms, they commercialize their research and ask remuneration from businesses for their inventive activity. This new role of universities in any country, performed side by side with the traditional one, producing and disseminating research as a public good, symbolizes the beginning of the transition process of the economy from the investment-driven to the innovation-driven stage of economic development. The level of institutionalization of innovation activity and commercialization of knowledge is one of the indicators of the consolidation of an economy in the innovation-driven stage of development.

• Details
• Contents