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The purpose of the research presented in the article was to identify the influence of the market orientation on the financial performance of micro, small, and medium-sized enterprises (MSMEs) operating in technology parks in Poland. The article corresponds with the needs of a systematic study of relationships between market orientation and financial performance at the organizational level. Using quantitative research methods, the authors analyzed the influence of market orientation on the theoretical construct named financial performance. CAWI and PAPI were two methods applied during the empirical research, while the methods of statistical description and inference were used for the analysis of collected data. The article provides some insights into direct relationships between market orientation and financial performance. The conducted research has proved that in the sample group of MSMEs operating in technology parks (TPs) in Poland, the market orientation is a factor stimulating their financial performance. In future research, it would be valuable to analyze the role of market orientation in combination with other strategic orientations in different contexts. [ABSTRACT FROM AUTHOR]

The paper is focused on developing a predictive, statistical model depicting the relationships among companies' involvement in internationalization, engagement in cooperation with business partners and their fnancial performance.

The article presents the extent of leasing use to finance the development of micro, small and medium enterprises (MSMEs). These companies finance activities mainly from their own funds contributed by owners and generated profits. In order to accelerate development they also use external funds mainly in the form of leasing. Bank loans account for only 16% of the total funding and are less accessible than leasing. In 2009–2014 leasing was mostly availed by entities from such sectors as health care and social assistance (47% of companies) and manufacturing (46.5% of companies). In order to accelerate the expansion and strengthening the market position in the area of MSME companies use leasing as a financing source for purchasing modern machinery and equipment and the replacement of machinery and equipment for the more technologically advanced. Leasing also serves as a source of funds for purchases of transport means.