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Innovation policy and innovation systems undoubtedly play a crucial role in shaping the path of economic development of contemporary economies. A particularly interesting context for studying the evolution of this area is offered by post-transition economies which had to undergo fundamental structural changes and face the global competition where the advances in knowledge and technological progress ultimately decide between success or failure.

The chapter aims to portray and evaluate the key developments in the innovation policy and national innovation system of Poland – one of the largest and most successful post-transition economies.

The methodological framework of the study involves a descriptive analysis of the major changes in the regulatory and institutional settings as well as an analysis of statistical data on the crucial dimensions of Poland's innovation policy and innovation system over the period 2000–2021. Additionally, the overall effects of the policy have been assessed using the data from the European Innovation Scoreboard (over 2015–2022) and the Global Innovation Index (over 2008–2022).

The findings suggest that the significant changes in Poland's innovation policy and innovation system frameworks introduced since the mid-2000s have resulted in a dynamic increase in the intensity of R&D efforts, especially in the business enterprise sector, allowing to narrow the structural gaps dividing the country from more advanced economies and markedly improve its overall research and innovative performance. A key role in this process has been played by the direct and indirect government support for innovative activities.

The purpose of this study is to synthesize the literature on the topic of strategic renewal by identifying the key dimensions of extant research and the connections between fragmented research domains.

This study applies systematic literature review to identify the level of consistency and generalizability of research findings across existing studies in a comprehensive manner.

This study identifies six main themes of strategic renewal in the extant literature: (1) antecedents, (2) initiation, (3) logic, (4) structure, (5) process and (6) outcomes of strategic renewal.

By integrating the current streams of research, the review offers a conceptual model of strategic renewal that maps the current state of the research and provide insights into key themes for the future research.

This study, identifies connections between fragmented research domain and offers a conceptual framework of strategic renewal.