Pub Date : 2017-12-22DOI: 10.4467/23539496IB.17.013.7461
Piotr Konwicki
The article presents the history of development of Islamic financial institutions from the beginning of the 21st century, mainly in terms of the growth of their assets. Based on the structural analysis of the Islamic economic system based on sharia (a comprehensive system of legal and ethical norms based on the Koran and Sunni, a binding Muslim community), the article presents its current structure in a multi-dimensional approach. The aim of the article is to critically analyze the current state of the Islamic financial sector and to identify key areas of risk that are significant barriers to further development. The main barriers are the disproportionately high concentration of assets in the banking sector with the simultaneous small role of other areas, such as insurance or asset management, significant geographic and sectoral concentration of assets, small average size of Islamic financial institutions, lack of clear corporate standards and guidelines for sharia application in economic practice, complex structure of offered products and lack of qualified personnel. The article also presents secular factors conducive to the development of Islamic finances, mainly the rapid increase in the number of followers of Islam in the world and the ethical attractiveness of this sector model based on risk sharing between partners, which potentially opens the possibility of expansion outside the Muslim world. The article mainly uses descriptive analysis based on scientific literature, market reports and statistical data.
{"title":"Islamic finance: challenges in 2017 and further ahead","authors":"Piotr Konwicki","doi":"10.4467/23539496IB.17.013.7461","DOIUrl":"https://doi.org/10.4467/23539496IB.17.013.7461","url":null,"abstract":"The article presents the history of development of Islamic financial institutions from the beginning of the 21st century, mainly in terms of the growth of their assets. Based on the structural analysis of the Islamic economic system based on sharia (a comprehensive system of legal and ethical norms based on the Koran and Sunni, a binding Muslim community), the article presents its current structure in a multi-dimensional approach. The aim of the article is to critically analyze the current state of the Islamic financial sector and to identify key areas of risk that are significant barriers to further development. The main barriers are the disproportionately high concentration of assets in the banking sector with the simultaneous small role of other areas, such as insurance or asset management, significant geographic and sectoral concentration of assets, small average size of Islamic financial institutions, lack of clear corporate standards and guidelines for sharia application in economic practice, complex structure of offered products and lack of qualified personnel. The article also presents secular factors conducive to the development of Islamic finances, mainly the rapid increase in the number of followers of Islam in the world and the ethical attractiveness of this sector model based on risk sharing between partners, which potentially opens the possibility of expansion outside the Muslim world. The article mainly uses descriptive analysis based on scientific literature, market reports and statistical data.","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126647899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.008.7456
Tomasz Białowąs
{"title":"Główne czynniki spadku dynamiki handlu międzynarodowego w latach 2008-2015","authors":"Tomasz Białowąs","doi":"10.4467/23539496IB.17.008.7456","DOIUrl":"https://doi.org/10.4467/23539496IB.17.008.7456","url":null,"abstract":"","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117129016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.002.7450
K. Kubiszewska
{"title":"Financial Comparison of Western Balkan and Baltic Sea States Using the Camel Approach","authors":"K. Kubiszewska","doi":"10.4467/23539496IB.17.002.7450","DOIUrl":"https://doi.org/10.4467/23539496IB.17.002.7450","url":null,"abstract":"","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134015054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.019.7467
D. Simpson
{"title":"Advantages and disadvantages of international virtual project teams","authors":"D. Simpson","doi":"10.4467/23539496IB.17.019.7467","DOIUrl":"https://doi.org/10.4467/23539496IB.17.019.7467","url":null,"abstract":"","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129480404","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.014.7462
Marcin Soniewicki
The paper examines different kinds of manufacturing companies with various levels of market orientation. Its main aim is to test whether their level of competitiveness is correlated with their level of market orientation. The paper is based on a quantitative research in which 334 manufacturing companies were examined. For measuring market orientation, the MKTOR scale developed by Narver and Slater was used. The competitive position of the analysed firms was determined using the Competitiveness Index developed by Fonfara. The statistical significance of the observed differences was tested using the Mann-Whitney U-test. The study shows that in every type of manufacturing companies, their competitiveness grows along with increasing market orientation. However, the extent of this growth differs depending on company type. The results also show that it is always beneficial to increase market orientation, as the firms with the highest market orientation belong to the most competitive 5% of manufacturing companies.
{"title":"Market orientation and competitiveness of Polish manufacturing companies","authors":"Marcin Soniewicki","doi":"10.4467/23539496IB.17.014.7462","DOIUrl":"https://doi.org/10.4467/23539496IB.17.014.7462","url":null,"abstract":"The paper examines different kinds of manufacturing companies with various levels of market orientation. Its main aim is to test whether their level of competitiveness is correlated with their level of market orientation. The paper is based on a quantitative research in which 334 manufacturing companies were examined. For measuring market orientation, the MKTOR scale developed by Narver and Slater was used. The competitive position of the analysed firms was determined using the Competitiveness Index developed by Fonfara. The statistical significance of the observed differences was tested using the Mann-Whitney U-test. The study shows that in every type of manufacturing companies, their competitiveness grows along with increasing market orientation. However, the extent of this growth differs depending on company type. The results also show that it is always beneficial to increase market orientation, as the firms with the highest market orientation belong to the most competitive 5% of manufacturing companies.","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"22 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114164876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.011.7459
P. Kasprzak, Robert Sterniński
Conditions of Iranian international trade in terms of lifting the sanctions: A case study of Polish-Iranian trade perspectives
解除制裁下的伊朗国际贸易条件:波兰-伊朗贸易视角的个案研究
{"title":"Conditions of Iranian International Trade in Terms of Lifting the Sanctions: a Case Study of Polish-iranian Trade Perspectives","authors":"P. Kasprzak, Robert Sterniński","doi":"10.4467/23539496IB.17.011.7459","DOIUrl":"https://doi.org/10.4467/23539496IB.17.011.7459","url":null,"abstract":"Conditions of Iranian international trade in terms of lifting the sanctions: A case study of Polish-Iranian trade perspectives","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"3 7","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131438064","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.003.7451
Jan Wedemeier
The paper analyses the innovation capabilities and development of the Baltic Sea region within the framework of the Europe 2020 strategy. The ongoing structural change towards service and knowledge societies, innovations, and the increasing integration of markets will have considerable influence on the European Union. In March 2010, the European Commission presented the Europe 2020 strategy, which is supposed to push the EU to become the smartest and most competitive region in the world. Among the EU member states, the Baltic Sea countries are effective in bringing up innovative solutions and establishing cooperation between science and business. However, the Europe 2020 strategy sets ambitious goals and some of the Baltic Sea countries will presumably fail to meet them. The enormous disparities between the countries and between central and peripheral regions within a country can thus be observed in selected indicators. These findings need to be recognised to intensify the efforts to transform the region into an innovation leader.
{"title":"Innovation capabilities of the Baltic Sea region: Meeting Europe 2020 innovation targets?","authors":"Jan Wedemeier","doi":"10.4467/23539496IB.17.003.7451","DOIUrl":"https://doi.org/10.4467/23539496IB.17.003.7451","url":null,"abstract":"The paper analyses the innovation capabilities and development of the Baltic Sea region within the framework of the Europe 2020 strategy. The ongoing structural change towards service and knowledge societies, innovations, and the increasing integration of markets will have considerable influence on the European Union. In March 2010, the European Commission presented the Europe 2020 strategy, which is supposed to push the EU to become the smartest and most competitive region in the world. Among the EU member states, the Baltic Sea countries are effective in bringing up innovative solutions and establishing cooperation between science and business. However, the Europe 2020 strategy sets ambitious goals and some of the Baltic Sea countries will presumably fail to meet them. The enormous disparities between the countries and between central and peripheral regions within a country can thus be observed in selected indicators. These findings need to be recognised to intensify the efforts to transform the region into an innovation leader.","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"119 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123479329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.017.7465
Taner Sigindi
Satisfaction and dimensions of loyalty in B2B markets: A study among the users of electronic security services
B2B市场满意度与忠诚度维度:电子安全服务用户的研究
{"title":"Satisfaction and dimensions of loyalty in B2B markets: A study among the users of electronic security services","authors":"Taner Sigindi","doi":"10.4467/23539496IB.17.017.7465","DOIUrl":"https://doi.org/10.4467/23539496IB.17.017.7465","url":null,"abstract":"Satisfaction and dimensions of loyalty in B2B markets: A study among the users of electronic security services","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124535438","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496IB.17.010.7458
Agnieszka Stanowska-Hirsch
Tendencje w rozwoju polskich bezpośrednich inwestycji zagranicznych kierowanych do sektora uslug
波兰服务业外国直接投资的发展趋势
{"title":"Tendencje w rozwoju polskich bezpośrednich inwestycji zagranicznych kierowanych do sektora usług","authors":"Agnieszka Stanowska-Hirsch","doi":"10.4467/23539496IB.17.010.7458","DOIUrl":"https://doi.org/10.4467/23539496IB.17.010.7458","url":null,"abstract":"Tendencje w rozwoju polskich bezpośrednich inwestycji zagranicznych kierowanych do sektora uslug","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130310104","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-20DOI: 10.4467/23539496ib.17.020.7468
Kamran Davari Nikou
{"title":"Terminology, traits, types, and trajectory of new product development","authors":"Kamran Davari Nikou","doi":"10.4467/23539496ib.17.020.7468","DOIUrl":"https://doi.org/10.4467/23539496ib.17.020.7468","url":null,"abstract":"","PeriodicalId":403592,"journal":{"name":"International Business and Global Economy","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128823083","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}