The concept of industry 4.0 and its challenges

Short Analysis

The concept of industry 4.0 and its challenges

Main principles of the industry 4.0 As mentioned in previous articles – also centred on the Polish Industrie 4.0, Industry 4.0 is based on the inter-connectivity of an enterprise's machines thanks to digitalisation. This concept relies on four principles: agility, data analysis, automation and interconnexion. Agility The connectivity of the…

Pawel Morisson de la Bassetière2023-05-26

Full reports

Industry 4.0, Schumpeter’s “creative destruction” and COVID-19

Creative destruction is an economic concept developed by Joseph Schumpeter in the middle of the 20th century. In his book “Capitalism, socialism and democracy”, Schumpeter describes this phenomenon as “process of industrial mutation that continuously revolutionises the economic structure from within, incessantly destroying the old one, incessantly creating a new…

Pawel Morisson de la Bassetière2023-04-07

Analysis & Research Short Analysis

The industrie 4.0’s implementation

The innovations characteristic of the industrie 4.0 Artificial intelligence (AI) is a process of imitating human intelligence based on the creation and application of algorithms executed in a dynamic computer environment. Its goal is to enable computers to think and act like human beings. AI is an essential tool for…

Pawel Morisson de la Bassetière2023-02-14

Country Analysis

State of the matter of the Industrie 4.0 in Poland

Poland’s Digital Economy and Society Index There are many ways to quantify the level of adaptation of a country’s industry to the Industrie 4.0. Having regard to the fact that the first condition for any industry to be compatible with this fourth revolution is digitalisation, it is a good idea…

Pawel Morisson de la Bassetière2022-12-21

Analysis & Research Country Analysis

Selected Polish government’s initiatives towards the implementation of Industry 4.0

The Polish economy is still significantly behind other European countries in terms of Industry 4.0 implementation. The Polish government has become increasingly aware of the fundamental importance of modernizing its industry in order to ensure its economic sustainability. Having a competitive industry is of paramount importance for any country, in…

Pawel Morisson de la Bassetière2022-11-23

Short Analysis

Bulgaria’s Housing Market : assessing problems before euro membership

After six years of strong house price rises, Bulgaria’s housing market remains vibrant. The nationwide house price index rose by 7.51% (6.83% inflation-adjusted) during the year to Q1 2021, accelerating from a y-o-y rise of 4.7% during the same period last year, which was the strongest house price growth in…

Pawel Morisson de la Bassetière2022-07-30

Analysis & Research Short Analysis

Czech real estate market on the rise

Czech house prices continue to rise strongly, despite a coronavirus-induced economic recession. The average price of apartments surged by...

Pawel Morisson de la Bassetière2022-06-15

Analysis & Research Short Analysis

Lithuanian FinTech Industry: a major sector that keeps growing

A leader in continental Europe by the number of licensed e-money and payment institutions, Lithuania is ranked in the TOP10 of the Global Fintech Index.

Pawel Morisson de la Bassetière2022-05-25

Short Analysis

Outsourcing in Poland : moving businesses

John W. - University of Warwick, presented as a contribution to the 2021 Blue Europe Contest. Review by Henrique Horta and Pawel M.D.L.B. Outsourcing became popular in the 1980s, though it had existed for a long period of time prior to that. The name is derived from two words: "external"…

Pawel Morisson de la Bassetière2021-12-26

Analysis & Research Short Analysis

Relocating in Central European countries : Nearshoring and outsourcing inside the European Union through the example of Poland

Pawel de la Bassetière, MS. Economy, review Outsourcing within the EU has proved to be one of the shifts that has had the largest impacts on the European Union’s economy in recent decades. This took many different forms and evolved with time, but is overall an increasing trend, especially observed…

Pawel Morisson de la Bassetière2021-12-18

Country Analysis

Poland : a synthetic analysis and presentation

In the Blue Europe Country Dossiers, we present Central and Eastern European countries under a basical but important point of view : how their economy work. Our articles are updated yearly, for a more complete and uptodate reading. In this Paper : Poland

Pawel Morisson de la Bassetière2021-08-26

Analysis & Research Short Analysis

An overview of Polish dynamic in employment and GDP per capita PPP

In 10 years, Poland increased its share of the EU’s GDP by 0,7% (from 3,3% to 4%). This year, the Central European “Green Island” was determined ...

Pawel Morisson de la Bassetière2020-12-20

Pawel Morisson de la Bassetière