Abstract:

This paper uses a data set for the Polish economy covering the early months of the COVID-19 pandemic (March-August 2020) to examine how the economic downturn has been responded in Poland through establishing “first aid” supporting programs to entrepreneurship. The focus is on the usage of public funds that have been granted to Poland within the EU financial framework 2014-2020, and which have been re-directed to answer the urgent needs of enterprises. In particular, this paper addresses the following questions: (i) what were the phases of supporting entrepreneurship in Poland during the COVID-19 economic disruption from funds within EU financial framework 2014-2020, and (ii) what was the nature of that support? The study makes a contribution to the entrepreneurship literature by providing a useful evidence of the approach towards supporting entrepreneurship in Poland during a major economic downturn. In particular, this paper finds that policy actions to support entrepreneurship from the EU funds within financial framework 2014-2020 are two-tier, with the nationwide tier more likely to support medium enterprises and the regional tier focused primarily at supporting micro and small enterprises. It has been also observed that although there is a considerable policy activity to respond to the COVID-19 effect on enterprises, policy making remains relatively undifferentiated in terms of sectors and the regional specificity.