.... On this occasion, the paper analyzes the economic performance of innovative industries in Poland, highlighting institutional and systemic barriers that curb their development. The main purpose of this paper is to clarify whether targeting innovative companies for equity investments proved beneficial during...

... literature shifted its focus on providing explanations for biases in investors' approaches to equity investments in an attempt to investigate how practitioners reacted to fundamentals. At this point, Guiso et al. (2008) , Baker and Wurgler (2007) and Shefrin (2005) provided broad...