PolandintheGlobalEconomy

Italian-PolishInvestmentForum(IPIF)December92016,WorldTradeTower,Warsaw,Poland

Dr.TakisDamaskopoulosExecutiveDirector

EuropeanInstituteofInterdisciplinaryResearch(EIIR)Paris,Francewww.eiir.org

Section1:Leadingtrendsintheglobaleconomy:GVCsandtheFourthIndustrialRevolution

Section1

TheFourthIndustrialRevolution

GlobalValueChains:‘Madein…theWorld’

ManufacturingNetwork

Accelerometer: Bosch Sensortech(Germany)

Audio chipsets: Cirrus Logic (US )Baseband processor: Qualcomm (US)Battery: Samsung (Korea)Battery: Huizhou Desay Battery (China)Camera: Qualcomm (US)Camera: Sony (Japan)Chips for 3G/4G/LTE networking:Qualcomm (US)

Compass: AKM Semiconductor (Japan)Glass screen: Corning (US)Gyroscope: STMicroelectronics (France,Switzerland)

eCompass: Alps Electric (Japan)Flash memory: Toshiba (Japan),Samsung (Korea)

DRAM: TSMC (Taiwan)LCDscreen:Sharp(Japan),LG. (Korea)A-seriesProcessor: Samsung(Korea),TSMC(Taiwan)

TouchID: TSMC(Taiwan),Xintec(Taiwan)

Touchscreencontroller: Broadcom(US)Wi-Fichip:Murata(US)Fingerprintauthentication:Authentec(China,Taiwan)

AssemblyNetwork

Hon Hai Precision Industry Co. Ltd. orFoxconn (its trading name) (Taiwan, withlocations in China, Thailand, Malaysia,the Czech Republic, South Korea,Singapore, and the Philippines)

Pegatron (Taiwan)

TheiPhone

TheBoeing787Dreamliner

GlobalValueChains:‘Madein…theWorld’

The‘smilingcurve’:valueaddedalongtheGVC

Source:O

ECD,

Intercon

nected

Econ

omies:Benefitingfrom

Glob

alVa

lueCh

ains,Paris2013.

Theproductspace

Source:The

Atlaso

fEcono

micCo

mplexity

,MIT,2013.

CountriesarecolorcodedaccordingtotheirpositioninRanking1

Ranking1:EconomicComplexityIndex

Source:The

Atlaso

fEcono

micCo

mplexity

,MIT,2013.

Section2:ThestructureandperformanceofthePolisheconomy

Section2

Source: McKinsey & Company, (2015), Poland 2025: Europe’s new growth engine.

Polandwasoneofthefastesteconomiesworldwideandthefastestgrowingeconomypost-crisisEU

Poland:currenteconomicperformance

Source: McKinsey & Company, (2015), Poland 2025: Europe’s new growth engine.

PolandisgrowingfasterthantheEU-15inallsectors

Poland:currenteconomicperformance

Source: McKinsey & Company, (2015), Poland 2025: Europe’s new growth engine.

Polandcombinesaneducatedworkforcewithlowlaborcosts

Poland:currenteconomicperformance

http://atlas.media.mit.edu/en/profile/country/pol/

Poland:exportsstructure

http://atlas.media.mit.edu/en/profile/country/pol/

Poland:exportdestinations

http://atlas.media.mit.edu/en/profile/country/pol/

Poland:importsstructure

http://atlas.media.mit.edu/en/profile/country/pol/

Poland:importorigins

RegionalspecialisationsandclustersacrossthePolisheconomy

SpecialEconomicZones

Section3:Outlookandchallengesahead

Section3

TheCommodityTrapCo

mmod

itizatio

nPath

Time

---------------------------------------------------------------------------------------------------------------------------------------

Origination:conception,design,productionandintroductionof

product/serviceinclearlydefinedmarketspace Successgenerates

imitationandintensifiescompetitionbyothermarketactors

Feature/functionraceleadstoincreased

product/servicecomplexity Product/service

differentiationbecomesincreasingly

‘blurred’

Competitionbasedincreasinglyonpriceleadingtodecreasingrevenuesanderoded

margins

Stage1 Stage2 Stage3 Stage4 Stage5

---------------------------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------------

---------------------------------------------------------------------------------------------------------------------------------------

SmartSpecialisationRegionalCompetitivenessTurbine

Source: European Commission, 2013.

SmartSpecialisation

Source:Europ

eanCo

mmission,European

Inno

vatio

nScoreboa

rd2016.

Poland:InnovationPerformance,2016

Thank You

Dr Takis DamaskopoulosExecutive Director

European Institute of Interdisciplinary Research (EIIR)Paris, Francewww.eiir.org