Modern Business Services as a Strategy for the Development of Smart Specializations

Malgorzata Sztorc and Dorota Milek

European Research Studies Journal, 2022, vol. XXV, issue 1, 433-462

Abstract: Purpose: The aim of the article is to identify and define the significance of selected factors of the location of modern business services in Polish regions where smart specialization in the field of modern business services can be used as a development strategy. Methodology: The empirical study was carried out following the goal set. During the research process, data collected from the Association of Business Service Leaders and the Statistics Poland were compiled. They concerned the sector and centers of modern business services operating in the years 2014-2020 on the Polish market. The research procedure was carried out with the use of principal components analysis, Hellwig's method, and cluster analysis. The Statistica program was used for the calculations. Findings: The results of the conducted research suggest that the significant factors are infrastructural and qualitative ones. The main motive for creating centers is the expansion of existing entities that provide modern business services in Poland and the differences in the level of development of modern business services in the Polish cities selected for the analysis. The leaders of this development were indicated, i.e., Cracow, Warsaw, and Wroclaw, while the lowest level in the cities of Bydgoszcz, Rzeszow, and Lublin. Practical implications: The research results provide managers of enterprises and regions with information that can be used in designing and implementing development strategies for the creation, location, and relocation of modern business service centers. They are also a source of knowledge necessary for making decisions of national importance, e.g., regarding infrastructure retrofitting for the development of modern business services, and for decision-makers in the European Union as regards where to direct financial support to improve the level of development of modern business services. Originality/value: This article is a multifaceted approach to the analysis of the location of modern business service centers from the perspective of the regional smart specialization development strategy.

Keywords: Modern business services; smart specializations; business services sector; location factor; Hellwig’s methods; Ward’s methods; PCA. (search for similar items in EconPapers)
JEL-codes: B16 L21 L84 R11 R58 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.ersj.eu/journal/2863/download (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxv:y:2022:i:1:p:433-462

Access Statistics for this article

More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().