Ewolucja modeli procesu inwestycyjnego

Since operations of enterprises become more and more global it is relatively easier to obtain material assets (development of a vector of assets) than use invisible assets (unique skills, qualifications, information files, identity, organizational culture etc.). It is in enterprises that design, technological, organizational and other solutions formulated by research institutions materialize and commercialise. An economic entity may be considered an institution (system) that creates, processes and applies knowledge (innovations). Innovativeness of high intensity and quality does not occur spontaneously. It requires not only favourable conditions but also rational stimulation. It is not possible to create a market through overhead instructions but economic, legal and institutional conditions for its operation can be formed through the process of transformations of enterprises.