The Innovation Landscape After the Covid-19 Crisis and During the Energy Crisis

Abstract

Abstract The aim of this paper is finding an answer to a question how the current crises caused by the Covid-19 pandemic and changes in the energy sector have affected research and development and innovation? It seems likely that the COVID-19 crisis caused financial weakness for many actors, having the most significant impact on the willingness or ability of smaller firms to support R&D and innovation. However, where firms are able to sustain these investments, they will be more likely to survive, grow more strongly, and have higher profitability. A big challenge that companies face is energy changes. While the post-pandemic effects were slowly brought under control by enterprises, the energy crisis poses new challenges to companies. And here the most important challenge is not just financing, but sometimes a complete change in the line of products offered, by moving away from traditional energy sources based on oil and gas. The subjects of the analysis are companies in Poland engaged in continuous research and development activities and implementing innovations. This research was conducted by the Ayming Institute in several editions, starting in 2020, and the surveyed companies belonged to seven identified sectors: Chemical and Civil Engineering, IT & Telecoms, Energy & Biotech, Automotive & Industrial, Consumer Goods & Manufacturing, Healthcare & Pharmaceuticals and Finance & Capital.