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Analysis of the potential of the Visegrad group countries in selected areas of their activities

Bednarzewska Kinga, Zinczuk Bartłomiej

Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska

2024

z. 191

63--75

Purpose: The aim of this article was to assess the potential of the Visegrad Group countries in terms of conditions determining the readiness for cooperation between science, business, and administration sector. Design/methodology/approach: The article uses qualitative and quantitative research methods. The article presents a review of Polish and foreign literature and an analysis of desk research based on public statistical data (Eurostat, OECD, The World Bank) covering 2017- 2022. A statistical method in data mining was used to make statistical observations using diagrams called classification trees. To assess the countries' potential for readiness to develop cooperation, the Potential Index (PI) was calculated. Findings: The influence of variables determining the level of countries' potential was selected and their classification was made. Originality/value: The research results indicate a high degree of differentiation in the potential of the Visegrad Group countries and point out that it is an essential factor positively influencing their development.