Capital structure of companies and its impact on cooperation in the field of innovation with the science – the survey results

Abstract

Innovation activities of enterprises as a process of cooperation with R&D entities may lead to improvement of economy competitiveness. The aim of the paper is to analyse and assess an impact of capital structure of enterprises on their ability to cooperate with the science sector in the Lódź region. Results of survey conducted among randomly selected 379 companies prove that enterprises with foreign capital share are more willing to innovate and cooperate with the science, especially by introducing, into their businesses, product and process innovations. Additionally, the foreign companies, more often, conduct their own R&D activity.