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The article is about a new law in Poland that requires companies with at least 500 employees to allocate 5% of their profits to research and development projects. The law, which was passed on February 3, 2021, applies to large companies even when they are not based in Poland. It is designed to increase the number of Polish companies which invest in research and development projects.
The law has been mainly welcomed by industry figures, who see it as a way to increase competitiveness among Polish companies. According to Paweł Rusnak, the Minister of Entrepreneurship and Technology, the law will help improve the quality of products produced in the country and create jobs.
The law is also seen as a way to attract foreign companies to invest in Poland. Currently, due to the lack of resources, many Polish companies are unable to compete with international firms. The law aims to make them more competitive by providing additional financial resources.
In addition to requiring companies to allocate 5% of their profits to R&D projects, the law also provides incentives for companies to do so. Companies that invest a minimum amount in R&D activities can receive tax breaks and subsidies from the government. This makes it easier for Polish companies to develop innovative products and compete in a global market.
Overall, the new law in Poland is designed to promote research and development projects and give local companies an edge over foreign competitors. It is hoped that this will lead to increased levels of innovation and job creation in the country.
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