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Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Research Papers of the Wroclaw University of Economics / Prace Naukowe Uniwersytetu Ekonomicznego we Wroclawiu is the property of Uniwersytet Ekonomiczny we Wroclawiu and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Environment, environmental protection and sustainability policies play a key role in social development and in the economic competitiveness of industrialized countries. The increase in environmental awareness also causes the ecological reorientation of companies. The purpose of this work is to explore the internal multidimensional factors determining the pro-environmental orientation of companies using the factor analysis for this purpose. The study was conducted on a random sample consisting of 300 small and medium-sized enterprises in the Lubuskie Voivodeship. On the basis of the used factor analysis, it was agreed that further analysis should use the first two factors that explain a total of 70.45% of the variance of all variables. [ABSTRACT FROM AUTHOR]

The competition between cities involves the search for different ways and means to create, attract, sustain, and use diverse resources, knowledge, ideas, and innovations to support the economic growth of each individual city and, as a result, to strengthen the city's position in the urban hierarchy both short-term and long-term. However, for each city, urbanisation does not only mean an increase in competitive economic power but also a number of problems such as pollution, poverty, crime and unemployment. In order to address the challenges posed by the urbanisation processes, the United Nations World Commission on Environment and Development (WCED) issued the 1987 Report that emphasised the need for sustainable socio-economic development that would also consider ecological factors. Given this, the article examines the issue of urban competitiveness on the basis of sustainable development principles. After a systematic and comparative analysis of the concepts published in the scientific literature, this article accomplishes the following: It defines the concept of competitiveness in urban areas; it identifies the inclusion aspects of the sustainable development principles into the assessment of urban competitiveness; it presents the research into urban competitiveness assessment models; and it carries out an integrated competitiveness assessment of the Baltic capitals in the period of 2014–2019 based on the principles of sustainable development by applying the integrated competitiveness assessment model that is based on the principles of sustainable development (MDK). [ABSTRACT FROM AUTHOR]

For many years different scientists have published the results of research related to the usage of UDI (user-driven innovation) concept and its impact on innovation activity of enterprises. None of them, however, concerned the relationship between various determinants for developing the R&D (Research and Development) sphere. It is the reason why the main purpose of the study is to present the empirical evidence in finding the determinants for usage of "user-driven innovation" concept (UDI). The work focuses on using this concept in R&D departments, which are very often responsible for introducing this kind of innovation in a firm's practice. The use of the UDI concept in R&D in the enterprise will be influenced by various factors which, in the literature, are divided into external, independent of the enterprise; and internal, which can be a result of adopted strategies, action plans and/or operating standards. The implementation of UDI in enterprises gives a number of benefits resulting from interaction with the environment, but also encounters barriers and internal problems that need to be neutralized. It is why, in this paper, the internal factors will be considered. To present the relationship between the selected variables, the correspondence analysis which constitutes one of the methods for multidimensional statistical analysis, was applied. The results presented in the paper allowed to formulate several important conclusions about the potential level of implementation of UDI concept in R&D departments in Poland. Firstly, it should be noted that in Poland, the UDI concept is still seen as new. This is why there are no scientific publications on this topic, as well as a lack of system solutions and strategic documents encouraging entrepreneurs to conduct research and development activity based on contacts with users. That is why authors have made some recommendations regarding the promotion of activities related to the use of UDI in research and development processes. Our research supplements the current knowledge in the field of internal conditions affecting the implementation of the UDI concept in enterprises which are starting to implement this concept. [ABSTRACT FROM AUTHOR]

A literature review showed that finance is a driver of sustainability. However, to achieve sustainability through finance, it is necessary to rebuild and adapt the financial system to the specifics of sustainable development. Modern financial systems can be described as one-dimensional, focusing on ensuring the economic security of transactions. Meanwhile, the growing role of risk related to non-financial factors means that the factors referred to as ESG (environmental, social, governance) become the main source threatening the stability of financial systems. Adaptation activities toward the design of so-called three-dimensional financial systems rely on incorporating ESG risk into the financial decisions of the financial institutions that make up the financial system. This is found, among other factors, in the risk assessment methodology. The general goal of the paper is to investigate which ESG criteria are incorporated into the decision-making process of financial institutions and to verify the level of sustainability of financial systems in selected OECD (Organization for Economic Cooperation and Development) countries. The main research hypothesis assumes that incorporating ESG factors into the decision-making process of financial institutions makes financial systems more sustainable. A two-stage research procedure was used to achieve the research goal. In the first stage, to determine the ESG factors that affect the level of sustainability of financial systems and identify dependencies between ESG factors incorporated by financial institutions into the decision-making process, a fuzzy cognitive map (FCM) was used. The collective map elaborating on the basis of the opinions of experts participating in the study was built using the software FCMapper_bugfix_27.1.2016. In the second stage, based on multiple-criteria decision analysis (MCDA) using the PROMETHEE method (Preference Ranking Organization Method of Enrichment Evaluation), 23 OECD countries that respect the Equator Principles were ranked according to seven groups of criteria defined for financial system assessment (financial depth, development, vulnerability, soundness, fragility, stability, and sustainability), based on a literature review. The ranking confirmed the strong position of Scandinavian countries for assuring best sustainability practices in financial institutions and in the economy. The added value of this paper can be considered at two levels: theoretical and empirical. From the theoretical point of view, it should be noted that it is the first of this kind of analysis which prioritizes ESG factors in financial decisions and ranks financial systems according to fulfilling sustainability criteria. The original empirical approach based on the two-stage research procedure provided analysis of 62 factors, of which 21 represented the environmental scope, 25 the social scope, and 16 the governance scope, which is the main advantage of the empirical study presented in the paper. [ABSTRACT FROM AUTHOR]