TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION

‘Creative destruction’ is one of the most important analytical tools, taking into consideration both the economic and sociological characteristics of capitalist society. According to Schumpeter, in the long term, evolution gives rise to economic development resulting from batches of innovative solut...

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Main Author: Ciborowski Robert
Format: Article
Language:English
Published: Sciendo 2017-06-01
Series:Studies in Logic, Grammar and Rhetoric
Subjects:
Online Access:https://doi.org/10.1515/slgr-2017-0029
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author Ciborowski Robert
author_facet Ciborowski Robert
author_sort Ciborowski Robert
collection DOAJ
description ‘Creative destruction’ is one of the most important analytical tools, taking into consideration both the economic and sociological characteristics of capitalist society. According to Schumpeter, in the long term, evolution gives rise to economic development resulting from batches of innovative solutions, leading to improvements in the standard of living. The innovation activity of firms is based on supply-side factors, hence it is large enterprises that excel in innovation since they strive to achieve a monopoly market position and above-average profits. Schumpeter attempts to combine two elements: the spread of monopolies and the continuation of economic development, both occurring through innovation, which is far more important than price competition. The Schumpeterian ‘creative destruction’ permeates the main aspects of macroeconomic activity, not only in the long term, but also in the area of economic fluctuations, structural changes, or the functioning of markets. As a result, it becomes a factor determining changes in the economic order. The purpose of this paper is to analyse the role of territories in the process of creating and using knowledge and its impact on the economic efficiency of the companies which function within their boundaries. Regional cooperation increases the involvement of business entities in innovation activities, which translates into higher competitiveness of firms. Moreover, the awareness of the necessity of cooperation and use of innovation capital tends to grow.
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spelling doaj.art-a46e37d4bcc84f668681c5bc7b3ba1662022-12-21T18:36:50ZengSciendoStudies in Logic, Grammar and Rhetoric0860-150X2199-60592017-06-0150126928710.1515/slgr-2017-0029slgr-2017-0029TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTIONCiborowski Robert0University of Bialystok, Bialystok, Poland‘Creative destruction’ is one of the most important analytical tools, taking into consideration both the economic and sociological characteristics of capitalist society. According to Schumpeter, in the long term, evolution gives rise to economic development resulting from batches of innovative solutions, leading to improvements in the standard of living. The innovation activity of firms is based on supply-side factors, hence it is large enterprises that excel in innovation since they strive to achieve a monopoly market position and above-average profits. Schumpeter attempts to combine two elements: the spread of monopolies and the continuation of economic development, both occurring through innovation, which is far more important than price competition. The Schumpeterian ‘creative destruction’ permeates the main aspects of macroeconomic activity, not only in the long term, but also in the area of economic fluctuations, structural changes, or the functioning of markets. As a result, it becomes a factor determining changes in the economic order. The purpose of this paper is to analyse the role of territories in the process of creating and using knowledge and its impact on the economic efficiency of the companies which function within their boundaries. Regional cooperation increases the involvement of business entities in innovation activities, which translates into higher competitiveness of firms. Moreover, the awareness of the necessity of cooperation and use of innovation capital tends to grow.https://doi.org/10.1515/slgr-2017-0029creative destructioninnovationeconomic development
spellingShingle Ciborowski Robert
TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION
Studies in Logic, Grammar and Rhetoric
creative destruction
innovation
economic development
title TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION
title_full TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION
title_fullStr TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION
title_full_unstemmed TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION
title_short TERRITORIAL TRANSFER OF KNOWLEDGE IN TERMS OF CREATIVE DESTRUCTION
title_sort territorial transfer of knowledge in terms of creative destruction
topic creative destruction
innovation
economic development
url https://doi.org/10.1515/slgr-2017-0029
work_keys_str_mv AT ciborowskirobert territorialtransferofknowledgeintermsofcreativedestruction