In 2013, about 2% more business enterprises have been registered in Poland comparing to 2012. Private individual dominated (over 80%) among the start-ups. There has also been a significant increase in the registration of new companies, by 124%. Still, 96% of starts up are represented by micro-enterprises.
The share of R&D in Poland’s GDP increased to 0,9% in 2012 due to an impressive 23% increase in spending on research and development. However, still it is much less than the EU average (2.1%). Speaking of investing in R&D, Polish companies usually spend majority of money on purchasing ready solutions from abroad, rather than investing in their own research and development projects.
Poland improved in terms of ease of doing business. Now the country holds 45th position among 189 countries in “Doing Business 2014” report. Also “Entrepreneurship in Poland” prepared by Polish Ministry of Economy focuses on issues related to ease of doing business in Poland. Among factors facilitating business activities there are: adoption of the law on standardization of certain patterns of letters in administrative procedures and the adoption of a draft law facilitating doing business in the country. The report also focuses on issues that should be improved as tax regulatory or the judiciary system.
Source: Polish Infomation and Foreign Investment Agency
Illustration © Ministry of Economy. From the report: “Entrepreneurship in Poland”