Rationality of implementation, and market demand

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This value is more than twice as high compared to the previous edition, in which the percentage of enterprises undertaking innovative activities was . %. Motivations of entrepreneurs When asked about their motivation to undertake innovative activities in their companies, the surveyed entrepreneurs declared that they were mainly guided by customer needs and the need to follow new trends in order to maintain competitiveness on the market. Additionally of surveyed entrepreneurs admitted that these innovations contributed to the development of their companies.
  
Other benefits often mentioned by entrepreneurs included improving the quality of products and services and increasing work efficiency in the company. Prospects and barriers to innovation The barriers to innovation most frequently indicated by entrepreneurs were great administrative difficulties photo retouching and financial issues. Additional barriers included problems with obtaining qualified employees, lack of time and complicated and opaque legal regulations. They contributed to ineffective or abandoned investments. In , the percentage of such investments was . %. Sources of financing – subsidies for innovation.



In, most enterprises financed innovative activities from their own funds, but a large number of companies used external sources of financing. Innovation subsidies were especially popular. The great interest in subsidies results from the non-refundable nature of the support and attractive financing conditions, especially in the case of micro and small companies, the subsidy intensity is very attractive, i.e. up to % (in the case of using the bonus for wide dissemination). PARP research shows that . % of surveyed enterprises decided to receive EU subsidies. Innovations can be co-financed from EU funds through many programs and competitions. Flagship activities, In the new financial perspective, even greater emphasis is placed on innovation.