The analysis of innovative processes – a Polish case.

The paper aims at examining the properties of innovative processes with regard to Schumpeter premises on factors and drivers of the development of the economy. Due to the analysis of the changes of the characteristics of the economic entities formalised in a mathematical model, two new indexes, namely, an index of the creative destruction, as well as an innovators' competitiveness index, are defined. As a result, we get a formal relationship between a size of innovators' competitiveness and a level of innovativeness. These findings give us the tools for distinguishing the qualitative properties of economic transformations. In the consequence, we obtain a coherent and unified study of innovative processes in Polish regions. [ABSTRACT FROM AUTHOR]