The theory of innovation cycles as a guideline for Mazovia in the fight against recession caused by COVID-19

Michał Klepka

DOI: 10.21858/msr.33.02

Vol. no: 33

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The recession triggered by the COVID-19 pandemic is undoubtedly a heavy burden on the developed and driven economy, both in the regional and global context. No one thought that under such unexpected circumstances a global crisis would arise from a place in distant China. From an economic point of view, this fact has stimulated a series of events that have increasingly affected in a larger scope, extent and force the smooth functioning of economic operators.