TY - GEN N1 - Financial Sciences. Nauki o Finansach, 2019, vol. 24, no. 2, s. 1-16 N2 - An effective knowledge-based economy requires regular cooperation between science and business. This is possible thanks to enterprises that create and implement innovations The paper focuses on the recognition of R&D expenditure. This aims to verify if firms with a scientist on their board are more likely to invest in the R&D. We conduct a tobit panel analysis of over 18,000 Polish private firms combined with data on patents and scientists employed at universities. The findings show that firms with scientists on the supervisory board are likely to invest more in R&D. However, these investment in R&D of firms with a scientist on the board are financial constraint. Their growth depends on access to finance. Therefore, institutions in Poland should support and promote cooperation between science and business, aiming for the realization of the implementation research. This approach requires updated regulations in the accounting area relating to the recognition of R&D inputs and outcomes L1 - http://dbc.wroc.pl/Content/70300/Bialek-Jaworska_Dobroszek_R&D_expenditure_and_the_role_of_scientists.pdf M3 - artykuł L2 - http://dbc.wroc.pl/Content/70300 PY - 2019 KW - R&D KW - dynamic entrepreneurship KW - academic entrepreneurship KW - innovation KW - scientist KW - family business KW - B+R KW - dynamiczna przedsiębiorczość KW - akademicka przedsiębiorczość KW - innowacje KW - naukowiec KW - firma rodzinna C1 - Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy A1 - Białek-Jaworska, Anna A1 - Dobroszek, Justyna PB - Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu C6 - Dla wszystkich zgodnie z licencją LA - eng CY - Wrocław ID - DOI: 10.15611/fins.2019.2.01 T1 - R&D expenditure and the role of scientists UR - http://dbc.wroc.pl/dlibra/publication/edition/70300 T2 - Wydatki na B+R i rola naukowców ER -