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Contemporary Approaches in Humanities

Edited By Hasan Arslan, Mehmet Ali Içbay, Günther Löschnigg and Rasim Yilmaz

This book presents a collection of papers written by researchers, teachers, administrators, analysts and graduate students working and doing research in the field of social sciences. The scientific studies include a wide range of topics from the analysis of social science textbooks to the teacher image in newspapers, the relationship between self-efficacy and cognitive level and the role of organizational silence on the loneliness of academics in work life.

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High-risk Capital as a Form of Financing Innovative Activity - Poland in Central and Eastern Europe (Katarzyna Wierzbicka)


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Katarzyna Wierzbicka*

High-risk Capital as a Form of Financing Innovative Activity – Poland in Central and Eastern Europe


Venture capital funds are an important part of the process of creating innovation. On the other side, the basis for the development of enterprises, and thus the whole world economy is innovation and advanced technologies. In the modern economy, an increasingly important role in their creating and disseminating is played by small and medium-sized enterprises. In addition to flexibility and involvement in innovative projects, the implementation of the company modern technology requires not only technical knowledge but also knowledge of the issues economic, legal, market, and managerial competencies. Companies want to be competitive on the market that is why usually the implementation of innovative solutions is associated with considerable expenditure. In relation with the creation and maintenance of innovative potential requires companies to acquire the appropriate resources, including financial means.

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