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Prague Smart City: Czech hub for regional development Briefs & Commentary

Prague Smart City: Czech hub for regional development

Smart cities represent a burgeoning global trend, focusing on enhancing city dwellers' daily lives through improved infrastructure, innovation, technology, and services. In the Czech Republic, various elements of this concept are being implemented. This article aims to shed light on these initiatives, evaluate their success, and draw comparisons with international…
Andrea Bogoni
2023-11-03
Optic Fiber
Romania and internet connectivity: success factors Briefs & Commentary

Romania and internet connectivity: success factors

Romanian internet population data Romania's internet penetration rate is one of the highest in Europe, surpassing even some of the continent's wealthiest countries like France, Belgium, Finland, and Austria. In January 2023, Romania had 17.82 million internet users, indicating an 88.9% internet penetration rate of the total population. This represents…
Léo Portal
2023-10-20
The concept of industry 4.0 and its challenges Briefs & Commentary

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…
warsaw stock exchange
Can FinTechs become a catalyst for ESG rules in the Polish financial sector? Briefs & Commentary

Can FinTechs become a catalyst for ESG rules in the Polish financial sector?

Thanks to their flexibility and innovation, FinTech companies can help accelerate the spread of ESG principles in everyday life. We are still in the early stages of true FinTech, as the future impact of cloud computing, IoT, artificial intelligence and blockchain cannot even be calculated today. Every year, digital businesses…
Supermarket Lithuania
The Lithuanian risk of out-of-control inflation: how citizens have to adapt Briefs & Commentary

The Lithuanian risk of out-of-control inflation: how citizens have to adapt

According to data from the National Social Security Fund of Lithuania, nominal labour income rose by 12.7% year-on-year, but could not keep up with the 20% inflation rate in January-March. The increase in average incomes was due to increases in the minimum wage and raises for civil servants. The income…
Gwendal Combot
2023-04-21
girl on a zoom call
Industry 4.0, Schumpeter’s “creative destruction” and COVID-19 Briefs & Commentary

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…
Cow in a field
The market for plant-based meat substitutes: future trends in the Polish food industry Briefs & Commentary

The market for plant-based meat substitutes: future trends in the Polish food industry

Long associated with vegan and vegetarian diets, the market for plant-based meat substitutes in Poland has already reached a value of PLN 1.5 billion and will become an increasingly important part of the food segment due to growing awareness of health and environmental issues. Global food industry trends The global…
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