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Seaport equipment and facilities. An offer for today, an investment for the future
PublicationIn order to meet customers' requirements and to adapt to the changing market, producers of port equipment try to provide more and more automated solutions containing future-oriented options.
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The accuracy of alternative stock valuation methods – the case of the Warsaw Stock Exchange
PublicationThe main aim of this article is to examine the accuracy of different methods of share valuation used by Polish analysts in reports prepared in order to issue recommendations for companies listed on the Warsaw Stock Exchange. In the literature on the subject, the view which prevails is that the more sophisticated methods, i.e. those taking into account the discounting process, are characterised by higher valuation accuracy. However,...
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The influence of climate change on the life insurance in the EU: A panel data approach
PublicationThe financial sector, as one of the most sensitive economic sectors, is alert to all trends and changes in the environment. The aim of the article is to study the impact of climate change on the life insurance market using panel data from 28 countries of the European Union (EU) for the last 9 years. This study is based on a panel model, where the amount of premiums under life insurance contracts is defined as a function of the...
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Sectors in Poland - Patterns of Concentration
PublicationThe main aim of the paper presented below, is to analysefrom theoretical point of view market concentration as economicproblem. The authors come out of defining market concentration, theypresent basic concentration measures, and characterize sectors onPoland on that ground. In the empirical part, the authors haveanalysed patterns of concentration of 35 sectors in Poland in timeperiod 1997-2006. We draw on recently made available...
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Thermoplastic elastomer filaments and their application In 3D printig
PublicationThe paper provides an overview on the materials used in the 3D printing technology (the Polish and foreign market) with a particular focus on flexible filaments and their possible application in the industry. There are described the techniques of 3D printing and modern filaments available on the market. There is observed the increase of interest in the production of products from filaments based on thermoplastic elastomers (TPE),...
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Employment of University Graduates in the Era of Digitalization and Artificial Intelligence: Challenges and Prospects
PublicationDigital technologies are profoundly reshaping the labor market, causing structural shifts in the economy and altering the nature of work. These changes have significant implications for youth employment, exacerbating the issue of unemployment. This paper delves into the importance of graduate employment in contemporary society, with a particular focus on the influence of digital technologies and Artificial Intelligence. The authors...
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Optimal detection observers based on eigenstructure assignment. W: FaultDiagnosis. Models, artificial intelligence, applications. Ed. J. Korbicz, J.M. Kościelny, Z. Kowalczuk, W. Cholewa. Berlin: Springer Verlag**2004 s. 219-259, 7 rys. bibliogr. 41 poz. Optymalne obseratory detekcyjne oparte na strukturze własnej.
PublicationPraca dotyczy analitycznych metod syntezy algorytmów detekcji uszkodzeń. De-finiując wektor resztowy jako ważony błąd uzyskanej oceny wyjścia danego o-biektu, poszukuje się takich obserwatorów stanu, dostarczających owych osza-cowań, dla których wektor resztowy jest w możlwie wysokim stopniu niezależnyod niemierzalnych zakłóceń oddziałujących na obiekt oraz od niemierzalnychszumów w torach pomiarowych. Rozważa się algorytmy...
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Factors influencing decisions to retire – case study of Poland
PublicationThe main objective of the article is to present the factors influencing the decisions of the Poles from the older age groups to withdraw from the labour market by retirement, or on the contrary – to remain economically active, also upon reaching the formal retirement age.
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Polyurethanes as a Potential Medical-Grade Filament for Use in Fused Deposition Modeling 3D Printers – a Brief Review
PublicationThe possibility of using 3D printing technology (3DP) in medical field is a kind of revolution in health care. This has contributed to a rapid growth in demand for 3D printers, whose systems and materials are adapted to strict medical requirements. In this paper, we report a brief review of polyurethanes as a potential medical-grade filament for use in Fused Deposition Modeling (FDM) 3D printer technology. The advantages of polyurethanes...
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Simulation of the Dynamics of Renewable Energy Sources with Energy Storage Systems
PublicationThe intermittency of renewable energy sources (RES) constitutes a challenge for effective power system control. Fossil-fuel-based units offering ancillary power services to meet the short-term power imbalance are a financial and environmental burden for the society. Energy storage systems (ESS) can be the solution in view of the electricity market development and growing environmental concern. The major questions are, in what circumstances...
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Global value chains, wages, employment and labour production in China: A regional approach
PublicationIn this study we analyse the relationship of trade and global value chains (GVCs) to the labour market in 31 Chinese provinces for 25 sectors, by means of a system of structural equations. We firstly distinguish between provincial value chains (PVCs) and interprovincial value chains (PRVCs) in order to outline their distribution and evolution over time. Then, we investigate to what extent participation in GVCs, PVCs and PRVCs –...
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Banking concentration in the Baltic and Western Balkan states — selected issues
PublicationResearch background: In a rapidly changing economic environment companies deepen their cooperation, which entails in all sectors of the economy. The progressive increase in market concentration, especially in the banking sector, is caused by various reasons. Purpose of the article: The purpose of this article is to compare the tendencies within market structures in few countries which origin from similar political systems and...
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Deregulation of the labour markets in the countries of Central and Eastern Europe — selected issues
PublicationThe countries of Central and Eastern Europe in the 1990s pursued the transformation processes which were to result in introducing systemic changes and building market economies. It was a process requiring adjustment of the regulatory and system framework to the requirements of the EU. One of the areas covered by the changes was the labour market. The reforms related to the functioning of national labour markets necessitated taking...
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The performance of ETFs on developed and emerging markets with consideration of regional diversity
PublicationThis study evaluates the performance of Exchange-Traded Funds (ETFs) by using various tracking error calculation approaches. The aim of the paper is, on the one hand, an evaluation of the performance of ETFs relative to their benchmarking indexes and, on the other, an endeavour to specify any relationship between this performance and both geographical location and the degree of market development. The research was conducted on...
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Good practices in requirements, project and risk managment in educational IT projects
PublicationOne can find many learning aids and simulations of physical phenomena on the market - provided as a standalone application or as part of an educational package. However, only a few of them allow for the building of interactive experiments: experiments similar to those that should be conducted in physics laboratories at schools. Gdańsk University of Technology decided to fill this market niche by designing and constructing a set...
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Exploring Stock Traders’ Cognitive Biases: Research Design and Simulator Framework
PublicationCognitive bias is a phenomenon that has been extensively studied in stock trading and many other fields. This paper presents a framework for a Mobile Stock Trading Simulator (MSTS) that facilitates automatic investment in stocks with minimal human influence, by investigating the behavioral patterns and cognitive errors of stock market investors. The paper aims to determine whether investors’ investment strategies can be improved...
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Creating IT competence centers
PublicationThis article indicates the need for supporting University Competence Centers. They are specialized centers, which aim to support teaching and development of newest software technologies, educating students, PhD Students and scientific workers also raising competetitiveness of the university at higher education market.
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Professional activity and women entrepreneurship in Poland – Europe 2020 Strategy perspective
PublicationThe level of economic activity of women in Poland is the lowest among Baltic Sea Region countries. The analysis of Europe 2020 targets, shows that at least 3 of the 5 main objectives relate, more or less, to women (e.g. participation in labor market). The objective concerning social inclusion assumes the increase in the employment rate of men and women (aged 20-64) in Poland up to 71%. To achieve this goal, support programs to...
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New Product Creativity Dimensions and Performance
PublicationA new product’s meaningfulness and novelty are recognized as two distinct and important dimensions. Thus, researchers started to investigate their impact on new product performance. However, researchers’ reports on the impact of novelty on performance are still mixed, and several issues need to be solved. One of these problems is comparing how strongly each of these dimensions affects the new product performance. The other is to...
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Polish FDI in Central Asian Countries
PublicationSince gaining independence, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan gradually opened their markets to foreign investors. Before Poland’s accession to the European Union, the activities of Polish investors in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan were based on bilateral treaties concluded by Poland with those countries. Later, except Turkmenistan, they were governed by the partnership...
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Implementation of the Concept of Flexicurity in the Selected Countries of Central Eastern Europe
PublicationThe CEE countries have to create their own flexicurity policies which would take into account the employment policy guidelines, cultural traditions and socio-economic development. The aim of this article is to examine and evaluate the implementation of the flexicurity concept on the basis of the adopted set of composite indicators. The study covers 9 countries of the CEE region, and the research period covers the years 2007 and 2013....
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Tracing financial innovation diffusion and substitution trajectories. Recent evidence on exchange-traded funds in Japan and South Korea.
PublicationSince the rapid growth of the popularity of ETFs, the potential substitution between innovative financial products, exchange-traded funds (ETFs), and traditional investment funds (open-end and closed-end funds) is recognized as one of the most-discussed issues in the financial industry. This is the first study to empirically verify and compare the diffusion and substitution of ETFs using monthly data on their assets in two selected...
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Reshaping financial systems: The role of ICT in the diffusion of financial innovations – Recent evidence from European countries
PublicationExchange-traded funds (ETFs) are among the fastest-growing types of innovative financial products. The emergence and spread of these instruments have been facilitated by the digital revolution. Information and communication technology (ICT) is profoundly reshaping the global economic landscape, laying solid foundations for unrestricted and unbounded flows of information and knowledge, eliminating information asymmetries, and furthering...
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Factors determining selection of production planning and control system
PublicationThe article contains a comparative characteristics of selected systems of production planning and control, such as: MRP, kanban/JiT, DBR/TOC. The results of the performed analyses served as a basis for determining key market factors related to production planning and control functions, which determine the choice of an appropriate system.
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Quality of Cryptocurrency Mining on Previous Generation NVIDIA GTX GPUs
PublicationCurrently, there is a lot of previous generation NVIDIA GTX graphical processing units (GPUs) available on the market, which were ousted from by next-gen RTX units. Due to this fact, numerous fully-operational devices remain underused, which are available at an affordable price. First, this paper presents an analysis of the cryptocurrency market. Next, in this context, the results of research on the performance of NVIDIA graphics...
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Co-Living or a “Sandpit” for Future Entrepreneurs. First Experience from Poland.
PublicationNowadays, the Western world seems saturated with the myriad of enhancements for entrepreneurship development. Also, in Eastern European countries we observe a growing number of initiatives at different organizational levels, aiming at accompanying potential future entrepreneurs in their efforts. Meanwhile, there is one novelty, never before offered on the Polish market – the first co- -living space, launched in Gdañsk. Therefore,...
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Banking stability during the economic transformation process in selected countries of the Western Balkans
PublicationEconomic transformation is still an ongoing process in many European countries. Despite common economic roots, the current economic situations are developing differently in different countries. This article will consider the process of economic transformation in terms of the banking sector. It aims to assess the level of banking stability throughout the transformation process in the Western Balkan region, and to assess the determinates...
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IMPROVING THE QUALITY OF EDUCATION THROUGH THE IMPLEMENTATION OF THE DIPLOMAS AND GROUP PROJECTS DURING ENGINEERING STUDIES IN COOPERATION WITH EMPLOYERS
PublicationThe quality of education is one of most important factors determining the job opportunity for graduates. The authors present the possibility of carrying out the diplomas in cooperation with employers and institutions interested in employment of students who graduated Gdansk University of Technology, Faculty of Civil and Environmental Engineering and University of Warmia and Mazury, Faculty of Geodesy and Land Management (major:...
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Theory vs. practice. Searching for a path of practical education
PublicationThe introduction of a three-tier model of higher education (the Bologna model) has led to considerable changes in the 1st- and 2nd-tier technical courses at universities. At present, a student with a bachelor’s degree can be employed in his / her profession after completing only 7 semesters of study. A search is under way for methods of combining theoretical knowledge taught at universities with practical knowledge gained afterwards....
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Development of banking sectors in Kosovo and Montenegro in the years 2000 - 2010
PublicationThe article presents main aspects of development of banking markets in two Balkan countries - Kosovo and Montenegro. Both of them are charaterised by similar recent history, both in political and economical fields. Their financial sectors have had to be built almost from scretch. The author describes stages of development of competition in the banking sectors, using the following ratios: performace, structure, liquidity. The data...
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IMPROVING THE QUALITY OF EDUCATION THROUGH THE IMPLEMENTATION OF THE DIPLOMAS AND GROUP PROJECTS DURING ENGINEERING STUDIES IN COOPERATION WITH EMPLOYERS
PublicationThe quality of education is one of the most important factors determining the job opportunity for graduates. The authors present the possibility of carrying out the diplomas in cooperation with employers and institutions interested in employment of students who graduated Gdansk University of Technology, Faculty of Civil and Environmental Engineering and University of Warmia and Mazury, Faculty of Geodesy and Land Management (major:...
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The effect of environmental turbulence on cyber security risk management and organizational resilience
PublicationEven though there is a plethora of research on the role of environmental turbulence in organizational performance in general, little attention has been paid to the effect of environmental turbulence on cyber security risk management and further - organizational resilience. Drawing on the resource-based view and contingency theory, this study investigates how technological and market turbulence influence organizational cyber security...
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Adaptive CAD-Model Construction Schemes
PublicationTwo advanced surrogate model construction techniques are discussed in this paper. The models employ radial basis function (RBF)interpolation scheme or artificial neural networks (ANN) with a new training algorithm. Adaptive sampling technique is applied withrespect to all variables. Histograms showing the quality of the models are presented. While the quality of RBF models is satisfactory, theperformance of the ANN models obtained...
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The risk of corporate bankruptcy - the conceptual model
PublicationThis article concerns the assessment of different types of risks influencing the corporate bankruptcy risk. The author has developed conceptual model that explains the causes and the trajectories of the collapse of enterprises. In the analyses such factors as demographic, financial, market, political and operational factors influencing the risk of failure were taken into account.
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EU Enlargement and Labour Demand in the New Member States
PublicationResearch to date on labour market responses to EU integration has tended to concentrate on the labour markets of the 'old' EU members. But what effects has the integration of trade had on wages in the new member states? The following article attempts to answer this question using and empirical model of conditional labour demand.
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Modeling emotions for affect-aware applications
PublicationThe chapter concerns emotional states representation and modeling for software systems, that deal with human affect. A review of emotion representation models is provided, including discrete, dimensional and componential models. The paper provides also analysis of emotion models used in diverse types of affect-aware applications: games, mood trackers or tutoring systems. The analysis is supported with two design cases. The study...
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A concept of zero-dimensional and three-dimensional thermodynamic modelling of steam storage in a steam cycle
PublicationThis work presents the thermodynamic model of steam storage in a steam cycle. The innovative steam storage is an integral part of the unit and thus responds quickly to changes in load. This enhances the primary control reserve while maintaining high efficiency of energy conversion. With regard to power plants, it improves the operational safety of generation units, as it prevents boiler and turbines overload in the case of steep...
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Small Polymeric Toys Placed in Child-Dedicated Chocolate Food Products—Do They Contain Harmful Chemicals? Examination of Quality by Example of Selected VOCs and SVOCs
PublicationThis study was focused on child-dedicated chocolate food products that contain a plastic package with a small toy inside (also known as chocolate eggs). Three types of these products that are commercially available on the Polish market, with different prices, chocolate composition, and main types of polymers used in the toy manufacturing process, were investigated. The polymers were identified using Fourier-transform infrared (FT-IR)...
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Commercial function as a treat to the monument - 25 years of experience in the commercialization of monuments in Gdansk, Poland
PublicationThe principles of the market economy adopted in Poland in the nineties have significantly touched the resources of immovable monuments. As a result, monuments have become a product of culture subject to the rules of the free market; and state ownership, patronage and decision-making practice has now been replaced by private interest. Practical monument use has also changed with the shift in ownership of objects after privatization...
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Self-assessment of competencies of students and graduates participating in didactic projects – Case study
PublicationAim/purpose: the aim of this article is to examine the opinions of students and graduates of the faculty of economics of a technical university as regards their selfassessment of their preparation for entering the modern labour market. All the respondents participated during their studies in didactic projects aimed at improving their competencies taking into account the expectations of potential employers. Design/methodology/approach:...
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Methods of Artificial Intelligence for Prediction and Prevention Crisis Situations in Banking Systems
PublicationIn this paper, a support vector machine has been studied due to prediction of bank crisis. To prevent outcomes of crisis situations, artificial neural networks have been characterized as applied to stock market investments, as well as to test the credibility of the bank's customers. Finally, some numerical experiments have been presented.
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A commercial of the shelf components for a unmanned air vehicle photogrammetry
PublicationA photogrammetry from a unmanned aerial vehicle (UAV) can be understood as a new measurement tool. Is introduces a low-cost alternatives for a traditional aerial photogrammetry. A commercial off-the-shelf products (COTS), that are commercially available for a costumers, are the standard manufactures products, not custom. COTS products are available in the commercial market and can be bought and used under government contract. That...
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The Comparison of the Crypto- and Fiat Currencies’ Exchange Rate Volatility in The Years 2015–2017
PublicationThe article describes the issues related to exchange rate volatility of crypto- and fiat currencies. The first part presents the issue of exchange rate volatility as well as methods of its evaluation and criteria of the conducted research. In the next part the author presented the essence of currencies and the main currency i.e. fiat money in the global economy in terms of the volume of transactions on the FOREX market. Then the...
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Design thinking qualifications framework – standardizing the innovative approach to entrepreneurial education delivery to engineering students
PublicationHighly competitive labor market stimulates increasing expectations towards fresh university alumni. It is not enough to be an expert - well educated and often experienced - in chosen discipline. High variability of the business environment, continuous change, number of risks, together with higher work demand than supply, shape clear employers’ expectations: entrepreneurial employees are wanted. On this ground a need for entrepreneurial...
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Integration and Dependency in Software Lifecycle Based on Jazz Platform
PublicationSoftware delivery organizations are being asked to meet goals that seem mutually exclusive. Teams are asked to increase product quality, accelerate time to market, and meet increasing mandates from regulatory bodies. As software solutions and software development environments become rapidly more complex. Many business drivers compound these challlenges.
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Accuracy analysis of 3D model obtained by photogrammetric method on the example of historic room from Wisłoujście Fortress
PublicationThe article presents a comparison of obtained models of a test object. Close range photogrammetry was used to obtain 3D models. As test object was used one of the rooms located in Wisłoujście Fortress in Gdańsk, Poland. Different models were obtained by using different distribution and number of reference points. Article contains analysis of differences between coordinates of control points obtained from total station measurements...
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Analytical modeling of electric drives for vehicle traction control systems
PublicationWheel-torque control bandwidth in vehicle dynamics model is crucial in evaluating optimal tracking ability of tire slip and in analysis of control system stability. Electric drives’ control dynamics are influenced by timing of digital control events, e.g. by sampling instant of motor currents. Reflecting this timing in drive analytical models is therefore important for analysis of vehicle traction systems. The paper considers five...
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The Efficiency of Public and Private Higher Education Institutions in Poland
PublicationChanges introduced to Poland’s education system in 2011 and 2014 amid efforts to adjust it to the needs of the labour market had an effect on the country’s institutions of higher learning. This paper provides an analysis of the efficiency of public and private Polish universities and examines the impact of selected factors in the years that followed. To estimate this efficiency, a Banker, Charnes and Cooper (BCC) model of the...
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Innovative management of IT projects with the use of the agent-based approach on the basis of intelligent agents
PublicationProject management is one of the major challenges for the modern economy. Dynamic changes in the structures of organizations which form the core of the economy imply changes in both management processes and structures. One element of these changes is a new approach to the manufacturing of modern and rapidly changing products (due to changing market requirements). As part of these changes, traditional organizational structures are...
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Experimental economics in business education: Using simple games to achieve multifaceted effects
PublicationEconomics differs from other sciences not only because of its normative part, but also because of very limited use of experiments. In this way, economics is often perceived as being methodologically more similar to astronomy or meteorology rather than physics or chemistry. Over last decades, however, experimental economics has been significantly developed. This chapter presents some of the possibilities for academic teachers to...