The paper aims to assess selected elements of the business models of credit guarantee schemes (CGSs) implemented in 20 European Union countries within the financial framework between 2007 and 2013. This paper focuses on the CGSs' financial additionality that depends mainly on how these programs...

Knowledge and innovations are considered to be among the most important factors that determine the pace and quality of economic growth. Therefore, Poland is facing a serious challenge to effectively transform its economy into an innovative economy capable of competing with the most developed...

The growing importance of innovation in the modern economy has revived the interest of economic sciences in studies on the mechanisms that govern innovation and its impact on economic development. This growth of interest induced the concept of the national system of innovation (NSI), which...

The main aim of the paper is to assess the innovation gap between the national innovation systems (NIS) of the European Union (EU) and the average level of innovation of EU economies. The study takes into account NIS identified in the literature, i.e., (a) developed systems and (b) developing...

The diversity of the labour market in the Visegrad Group countries is presented in the article from an institutional perspective. Institutions such as different tax and transfer policies, employment protection legislation, or active and passive labour market policies can affect not only the...

Economic development has resulted in structural transformation towards economies based on services, which has raised some concerns about the limited opportunities for sustaining productivity growth. The aim of this paper is to examine total factor productivity (TFP) growth in the service sector...

To meet the requirements of global competition, the European Union (EU) places particular emphasis on the development of knowledge‑intensive, innovative industries. The pharmaceutical industry, as a high‑tech manufacturing subsection, has a long tradition in Europe. However, the distribution...

Along with the development of economies based on knowledge, the importance of knowledge input in production processes has been increasing. Enterprises may acquire knowledge input by developing their internal knowledge base and/or purchasing knowledge from external entities. Their internal...

The paper examines the crisis robustness and resilience of the knowledge‑intensive business services (KIBS) sector. The hypothesis is tested that the KIBS sector is crisis‑robust rather than crisis‑resilient. The study covers 2000-2021, divided into two crisis periods (the global financial...