Innovation in Development Projects in Poland in the Context of Company Size

Authors

DOI:

https://doi.org/10.34190/eckm.25.1.2750

Keywords:

Innovation,, Renewable Energy Sources,, Sustainable Construction,, Climate Neutrality.

Abstract

This article aims to identify the introduction of innovations in the activities of residential developers in relation to company size. In order to achieve the objective, the results of a survey conducted in Poland in the form of a questionnaire among developers of the primary residential market, implementing investments in the field of multi-storey multi-family construction, were used. The research conducted allowed the identification of the percentage of residential developers introducing innovations in their real estate projects. Moreover, the structure of the innovations introduced was presented, taking into account the role they play in the market. A correlation of the innovations introduced in their activities with the size of the company and the market range in which the company operates was revealed. The information presented is of key importance today due to the need for innovation in renewable energy sources, which allow for diversification and security of supply in the context of the armed conflict in Ukraine. Introducing innovations in the real estate market is becoming necessary in EU countries due to regulations aimed not only at increasing the competitiveness of EU economies through increased innovation but above all at achieving sustainable development goals — including net-zero carbon emissions. EU regulations introduce strict requirements concerning, among other things, the energy performance of buildings, which will result in the need for innovative projects not only in the primary market but also for projects aimed at modernizing the existing stock (secondary market), which, according to research, is often carried out by smaller companies that have not yet applied innovative solutions in their operations.

Author Biographies

Marcin Sitek, Częstochowa University of Technology (CUT), Częstochowa, Poland

Dr Marcin Sitek, is assistant professor at Częstochowa University of Technology, Faculty of Management, Department of Economics, Investment and Real Estate. He’s the author of 1 monograph and more than 90 publications from field of financing the real estate, implementation of innovations on residential market and risk of this process.

Monika Sipa, Czestochowa University of Technology, Częstochowa, Poland

Dr Monika Sipa, is an assistant professor of management at Czestochowa University of Technology, Faculty of Management in Czestochowa, Poland. Her work focuses on problems of functioning and development of SME’s. The closest for her are issues related to the innovation and competitiveness of this scale of enterprises.

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Published

2024-09-03