European Integration and Its Impact on the Development of Entrepreneurship in Poland (Selected Aspects)
European Integration and Its Impact on the Development of Entrepreneurship in Poland (Selected Aspects)

Summary/Abstract: When Poland joined the European Union in May 2004, a new phase in the history of modern Europe begun as western Europe united with eastern Europe which two decades prior had belonged to the Eastern Bloc and had been hostile to the market economy. Entering the EU does not generate economic growth and greater prosperity by its own means. A country’s presence in the EU is nota guarantee for the country’s development but merely an opportunity. It’s full use depends on the country’s economic policy and the management styles of its business entities. Purpose of the article: The aim of this article is to provide an overview of the financial support of business entities operating in Poland, with special regard to SMEs, in two financial Frameworks: 2007–2013 and 2014–2020 (first years of Financial Framework). Methodology/methods: in the paper statistical data analysis was used with regard to allocation of financial resources from the EU budget to subsidize Polish economic entities with a special focus on funding in the current Financial Framework 2014–2020. Outcome: The situation of Polish businesses changed with Poland’s accession to the European Union. The European Community market which is based on four freedoms, opened up to Polish entrepreneurs and asa result gave them new outlets untouched by domestic constraints.

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