Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats

In the course of previous comprehensive theoretical, methodological and empirical research of the authors, the main purpose of which was to identify ways of internationalization of Polish and Ukrainian enterprises. It was noted that a new model of business functioning is emerging, significantly diff...

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Опубліковано в: :Економічний вісник Донбасу
Дата:2020
Автори: Glinkowska-Krauze, B., Górecki, L., Chebotarova, N.
Формат: Стаття
Мова:English
Опубліковано: Інститут економіки промисловості НАН України 2020
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Цитувати:Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats / B. Glinkowska-Krauze, L. Górecki, N. Chebotarova // Економічний вісник Донбасу. — 2020. — № 4 (62). — С. 38-45. — Бібліогр.: 28 назв. — англ.

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Digital Library of Periodicals of National Academy of Sciences of Ukraine
id nasplib_isofts_kiev_ua-123456789-179318
record_format dspace
spelling Glinkowska-Krauze, B.
Górecki, L.
Chebotarova, N.
2021-04-26T18:55:10Z
2021-04-26T18:55:10Z
2020
Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats / B. Glinkowska-Krauze, L. Górecki, N. Chebotarova // Економічний вісник Донбасу. — 2020. — № 4 (62). — С. 38-45. — Бібліогр.: 28 назв. — англ.
1817-3772
DOI: 10.12958/1817-3772-2020-4(62)-38-45
https://nasplib.isofts.kiev.ua/handle/123456789/179318
339.9.01
In the course of previous comprehensive theoretical, methodological and empirical research of the authors, the main purpose of which was to identify ways of internationalization of Polish and Ukrainian enterprises. It was noted that a new model of business functioning is emerging, significantly different from the traditional model, in which the phenomenon of globalization underlies the process of internationalization of economic activity. At the same time, it should be borne in mind that the problem of studying specific practices of interaction between business structures in Poland and Ukraine, paradoxically, as a whole, is given insufficient attention (both in Polish and Ukrainian economic science). This served as the inspiration for writing this study, the main goal of which is to identify the features of the modern business model on the background of identifying the differences between the traditional and the current model in the context of existing threats and to find out the main (one of the main) reasons for such differences. The introduction refers to the methodology used for this study (specific research methods are methods of unity of analysis and synthesis, induction and deduction and comparative analysis, as well as methods of grouping and extrapolation). The study is the result of the authors' own empirical research and a comparative theoretical analysis based on the literature on the topic, and is a common characteristic of both models. In general terms, the main features of the modern business model and trends in the European economy are presented on the example of Poland and Ukraine. Thus, the study is aimed at identifying trends in doing business in the modern market and its characteristic features in the context of the predicted increase in the role of factors of intercultural (transcultural) interaction in business.
У ході попередніх комплексних теоретико-методологічних і емпіричних досліджень авторів, основною метою яких було виявлення шляхів інтернаціоналізації польських і українських підприємств, відзначено, що з'являється нова модель функціонування бізнесу, що істотно відрізняється від традиційної моделі, в якій феномен глобалізації лежить в основі процесу інтернаціоналізації економічної діяльності. При цьому слід брати до уваги, що проблематиці дослідження конкретних практик взаємодії підприємницьких структур Польщі та України, як це не парадоксально, в цілому приділяється недостатня увага (і в польській, і в українській економічній науці). Це слугувало натхненням для написання даного дослідження, основна мета якого – виявити особливості сучасної бізнес-моделі на фоні виявлення відмінностей між традиційною і нинішньою моделлю в контексті існуючих загроз і з'ясувати головні (одні з головних) причини таких розходжень. Введення належить до використаної методології даного дослідження (конкретними методами дослідження є методи єдності аналізу і синтезу, індукції і дедукції та порівняльного аналізу, а також методи угруповань і екстраполяції). Стаття є результатом власного емпіричного дослід¬ження авторів і порівняльного теоретичного аналізу, заснованого на літературі з даної теми, і є загальною характеристикою обох моделей. У загальних рисах представлено основні риси сучасної бізнес-моделі і тенденції європейської економіки на прикладі Польщі та України. Таким чином, дослідження спрямоване на виявлення тенденцій ведення бізнесу на сучасному ринку і його характерних особливостей у контексті прогнозованого підвищення ролі факторів міжкультурної (транс-культурної) взаємодії в бізнесі.
В ходе предыдущих комплексных теоретико-методологических и эмпирических исследований авторов, основной целью которых было выявление путей интернационализации польских и украинских предприятий, отмечено, что появляется новая модель функционирования бизнеса, существенно отличающаяся от традиционной модели, в которой феномен глобализации лежит в основе процесса интернационализации экономической деятельности. При этом следует принимать во внимание, что проблематике исследования конкретных практик взаимодействия предпринимательских структур Польши и Украины, как это ни парадоксально, в целом уделяется недостаточное внимание (и в польской, и в украинской экономической науке). Это послужило вдохновением для написания данного исследования, основная цель которого – выявить особенности современной бизнес-модели на фоне выявления различий между традиционной и нынешней моделью в контексте существующих угроз и выяснить главные (одни из главных) причины таких различий. Введение относится к использованной методологии данного исследования (конкретными методами исследования являются методы единства анализа и синтеза, индукции и дедукции и сравнительного анализа, а также методы группировок и экстраполяции). Статья является результатом собственного эмпирического исследования авторов и сравнительного теоретического анализа, основанного на литературе по данной теме, и является общей характеристикой обеих моделей. В общих чертах представлены основные черты современной бизнес-модели и тенденции европейской экономики на примере Польши и Украины. Таким образом, исследование направлено на выявление тенденций ведения бизнеса на современном рынке и его характерных особенностей в контексте прогнозируемого повышения роли факторов межкультурного (транс-культурного) взаимодействия в бизнесе.
en
Інститут економіки промисловості НАН України
Економічний вісник Донбасу
International and Regional Economics
Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
Передумови та характеристики «сучасного бізнесу» – контекст глобалізації, інтернаціоналізації та загроз
Предпосылки и характеристики «современного бизнеса» – контекст глобализации, интернационализации и угроз
Article
published earlier
institution Digital Library of Periodicals of National Academy of Sciences of Ukraine
collection DSpace DC
title Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
spellingShingle Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
Glinkowska-Krauze, B.
Górecki, L.
Chebotarova, N.
International and Regional Economics
title_short Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
title_full Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
title_fullStr Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
title_full_unstemmed Premises and Characteristics of "Contemporary Business" – the Context of Globalization, Internationalization and Threats
title_sort premises and characteristics of "contemporary business" – the context of globalization, internationalization and threats
author Glinkowska-Krauze, B.
Górecki, L.
Chebotarova, N.
author_facet Glinkowska-Krauze, B.
Górecki, L.
Chebotarova, N.
topic International and Regional Economics
topic_facet International and Regional Economics
publishDate 2020
language English
container_title Економічний вісник Донбасу
publisher Інститут економіки промисловості НАН України
format Article
title_alt Передумови та характеристики «сучасного бізнесу» – контекст глобалізації, інтернаціоналізації та загроз
Предпосылки и характеристики «современного бизнеса» – контекст глобализации, интернационализации и угроз
description In the course of previous comprehensive theoretical, methodological and empirical research of the authors, the main purpose of which was to identify ways of internationalization of Polish and Ukrainian enterprises. It was noted that a new model of business functioning is emerging, significantly different from the traditional model, in which the phenomenon of globalization underlies the process of internationalization of economic activity. At the same time, it should be borne in mind that the problem of studying specific practices of interaction between business structures in Poland and Ukraine, paradoxically, as a whole, is given insufficient attention (both in Polish and Ukrainian economic science). This served as the inspiration for writing this study, the main goal of which is to identify the features of the modern business model on the background of identifying the differences between the traditional and the current model in the context of existing threats and to find out the main (one of the main) reasons for such differences. The introduction refers to the methodology used for this study (specific research methods are methods of unity of analysis and synthesis, induction and deduction and comparative analysis, as well as methods of grouping and extrapolation). The study is the result of the authors' own empirical research and a comparative theoretical analysis based on the literature on the topic, and is a common characteristic of both models. In general terms, the main features of the modern business model and trends in the European economy are presented on the example of Poland and Ukraine. Thus, the study is aimed at identifying trends in doing business in the modern market and its characteristic features in the context of the predicted increase in the role of factors of intercultural (transcultural) interaction in business. У ході попередніх комплексних теоретико-методологічних і емпіричних досліджень авторів, основною метою яких було виявлення шляхів інтернаціоналізації польських і українських підприємств, відзначено, що з'являється нова модель функціонування бізнесу, що істотно відрізняється від традиційної моделі, в якій феномен глобалізації лежить в основі процесу інтернаціоналізації економічної діяльності. При цьому слід брати до уваги, що проблематиці дослідження конкретних практик взаємодії підприємницьких структур Польщі та України, як це не парадоксально, в цілому приділяється недостатня увага (і в польській, і в українській економічній науці). Це слугувало натхненням для написання даного дослідження, основна мета якого – виявити особливості сучасної бізнес-моделі на фоні виявлення відмінностей між традиційною і нинішньою моделлю в контексті існуючих загроз і з'ясувати головні (одні з головних) причини таких розходжень. Введення належить до використаної методології даного дослідження (конкретними методами дослідження є методи єдності аналізу і синтезу, індукції і дедукції та порівняльного аналізу, а також методи угруповань і екстраполяції). Стаття є результатом власного емпіричного дослід¬ження авторів і порівняльного теоретичного аналізу, заснованого на літературі з даної теми, і є загальною характеристикою обох моделей. У загальних рисах представлено основні риси сучасної бізнес-моделі і тенденції європейської економіки на прикладі Польщі та України. Таким чином, дослідження спрямоване на виявлення тенденцій ведення бізнесу на сучасному ринку і його характерних особливостей у контексті прогнозованого підвищення ролі факторів міжкультурної (транс-культурної) взаємодії в бізнесі. В ходе предыдущих комплексных теоретико-методологических и эмпирических исследований авторов, основной целью которых было выявление путей интернационализации польских и украинских предприятий, отмечено, что появляется новая модель функционирования бизнеса, существенно отличающаяся от традиционной модели, в которой феномен глобализации лежит в основе процесса интернационализации экономической деятельности. При этом следует принимать во внимание, что проблематике исследования конкретных практик взаимодействия предпринимательских структур Польши и Украины, как это ни парадоксально, в целом уделяется недостаточное внимание (и в польской, и в украинской экономической науке). Это послужило вдохновением для написания данного исследования, основная цель которого – выявить особенности современной бизнес-модели на фоне выявления различий между традиционной и нынешней моделью в контексте существующих угроз и выяснить главные (одни из главных) причины таких различий. Введение относится к использованной методологии данного исследования (конкретными методами исследования являются методы единства анализа и синтеза, индукции и дедукции и сравнительного анализа, а также методы группировок и экстраполяции). Статья является результатом собственного эмпирического исследования авторов и сравнительного теоретического анализа, основанного на литературе по данной теме, и является общей характеристикой обеих моделей. В общих чертах представлены основные черты современной бизнес-модели и тенденции европейской экономики на примере Польши и Украины. Таким образом, исследование направлено на выявление тенденций ведения бизнеса на современном рынке и его характерных особенностей в контексте прогнозируемого повышения роли факторов межкультурного (транс-культурного) взаимодействия в бизнесе.
issn 1817-3772
url https://nasplib.isofts.kiev.ua/handle/123456789/179318
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fulltext B. Glinkowska-Krauze, Ł. Górecki, N. Chebotarova 38 Економічний вісник Донбасу № 4(62), 2020 UDC 339.9.01 doi: 10.12958/1817-3772-2020-4(62)-38-45 B. Glinkowska-Krauze, DrHab (Economics), Professor, ORCID 0000-0002-6915-3297, e-mail: beata.glinkowska@uni.lodz.pl, University of Łódź, Poland, Ł. Górecki, ORCID 0000-0002-2347-6912, Textile Institute, Łódź, Poland, N. Chebotarova, PhD (Economics), ORCID 0000-0002-0145-2821, Luhansk Taras Shevchenko National University, Starobilsk PREMISES AND CHARACTERISTICS OF "CONTEMPORARY BUSINESS" – THE CONTEXT OF GLOBALIZATION, INTERNATIONALIZATION AND THREATS Introduction. The pace and unpredictability of market changes is the basic premise for the emergence of new concepts and management methods in modern enterprises, in connection with new institutional, eco- nomic and environmental requirements, which in turn requires the development of new features and manage- rial skills [1]. The extension of the cooperation to new markets, in a new, unknown and previously unprece- dented scale, in a new reality, a different understanding of the innovation and investment policy, the search for new opportunities and factors of advantage or stabiliza- tion have resulted in "new" business models and a "new" management approach [2, p. 16]. All this overlaps with events such as extraordinary events: strikes, economic crises, epidemics. There are clear trends in the ways of doing business, which is the background for compari- sons of the traditional model with the modern model of business management. On this basis, it is possible to pre- sent the characteristics of the "modern model" of run- ning a business in a situation where more and more en- terprises, directly or indirectly, go beyond the borders of their own country, defined as their home country, with their activities [3, p. 11-15]. More and more companies emphasize on flexibility, creativity and innovation. Although the science of management does not di- rectly specify the list of universal features of the con- temporary business model, as it is simply impossible (there are many such models and they are very diverse and depend on conditions of different nature in a given country), there are some emerging trends in the func- tioning of enterprises. Analyzing the literature on the subject in the area of this issue and the results of the own research, this study focuses on showing the basic ten- dency in the functioning of modern business: interna- tionalization of the enterprises activities in connection with the globalization of activities and the related threats, without taking into consideration the pandemic situation, as this requires separate research. The inspira- tion to write the article was a research carried out per- sonally and directly in 2013-2019 on a sample of over a hundred Polish enterprises and over thirty Ukrainian enterprises, which directly or indirectly expanded (or expanding) their activities beyond the home market. The selection of enterprises was deliberate and consisted of the following criteria: diversified size (from micro to large), location (Poland – 90% headquarters in Poland and location in the Łódź Voivodeship; Ukraine – 100% headquarters in Ukraine), various sectors (manufac- turing, services and commercial), diversified time of running a business (from 1 to several dozen years), di- rect or indirect international activity (from 1 to several years). The research tools used were: a survey question- naire and an interview questionnaire. One of the goals of the research was, among other things, to identify the features of the modern business model and the risks as- sociated with the operating conditions of modern com- panies. The main aim of the research was to examine the ways of internationalization of Polish and Ukrainian enterprises, which was realized in the monograph entitled Internationalization of Polish and Ukrainian en- terprises [4]. However, this study is to become an inspi- ration for further considerations and in-depth research, including, – in the context of understanding the impact on these processes of profiles of managers from diffe- rent countries [1, p. 64], methodological aspects of cross-cultural differences in business [5, p. 30-31], com- parative analysis of business activities by representa- tives of different countries [6; 7]. For this reason, it deliberately does not contain statements and statistics, but only a general characteris- tic of the modern business model, with particular em- phasis on the challenges for the functioning of modern business and the phenomenon of globalization, creating specific conditions for setting up and running this busi- ness. On the basis of the conducted research, it was also made an attempt to compare the contemporary model with the traditional one of the business running. Globalization as a background for contempo- rary/modern business. The wide range of processes ac- companying the phenomenon of globalization still leads B. Glinkowska-Krauze, Ł. Górecki, N. Chebotarova 39 Економічний вісник Донбасу № 4(62), 2020 to the intensification of economic, political and cultural ties, understood as those "across state borders" [8, p. 17]. This increase in links between enterprises, science (and other) organizations and countries is due to the variety and quantity of flows: services, goods, re- sources and technology diffusion [9]. A. Zorska notes that a multifaceted, interdependent global economic system is being created [10, p. 20]. The power of global competition is growing as a result of the in- creased and still increasing complexity of the national and international environment as well as and the con- stant volatility and increasing interdependence between enterprises. For Polish and Ukrainian (especially Ukrainian) enterprises, the increasing number and strength of com- petition in their own country is the reason for looking for opportunities that globalization creates. The increase in the complexity of the environment and the depen- dence of entities as well as the flow and absorption (dif- fusion) of all resources contribute to the internationali- zation of activities, posing new challenges for entrepre- neurs [11, p. 129]. The process of internationalization of enterprises has significantly accelerated in recent years, especially in countries with less advanced technologies and less equity than in Western Europe (eg Ukraine and Poland). Acceleration of internationalization and the free flow of resources and capital also contribute to the growth of various types of threats at every stage of the functioning of modern companies. Therefore, economic activity in international markets requires the application of a new approach to management. It is internationalization, based on innovative pro- ducts and services, that is associated with the "new" business model, the essence of which is to build a co- operation network based on unique resources, especially human resources, and the horizontal ties of cooperation between enterprises. This model may not be completely opposite to the "traditional" business, associated pri- marily with domestic business, whose aim is to gene- rate profit based on price strategies and the value of fi- nancial capital, but it is certainly significantly different from it. Indicating the differences in the perception of both processes it allows the authors of this study to conclude that the two processes should not be equated or their names used interchangeably. For example, according to B. Liberska, internationalization is a quantitative pro- cess related to foreign trade and capital flows, and glo- balization is a qualitative process related to international economic relations, interdependence and the transition from indirect to direct forms of relations [12, p. 18-19]. G. Kołodko describes globalization as “an economic game which results in specific opportunities and threats to economic and cultural ties with foreign countries [13]. According to K. Przybylska, "internationalization is synonymous with the geographical dispersion of the company's economic operations across the country's borders" [14, p. 15]. It is treated as a phenomenon that signifies the pro- cess of expansion into foreign markets [15, p. 11]. Ac- cording to J. Misala, the theories of internationalization of enterprises are a component that includes theories of international trade and theories of international migra- tion of production factors [16, p. 43]. Internationaliza- tion is interpreted as: a process, a change in the sphere of activity [17, p. 19] and any type of activity undertaken by an organization outside the country [18, p. 19]. There is a visible increase in the number and variety of mate- rial and non-material ties on a global scale. Not only ma- terial resources, but also cultural and civilization pat- terns are moving [19, p. 295]. The essence of globaliza- tion is the creation of conditions for the free movement, and the essence of internationalization - the use of these flows by searching for opportunities, possibilities and avoiding barriers and market limitations in the country. Referring to the above considerations, Table 1 shows the differences for the analyzed issues. Table 1 Statement of differences between the processes of globalization and internationalization Factor Globalization Internationalization Essence An unforced, spontaneous, automatic process A rational, well-thought-out process Purpose None Clear Background Creates conditions, opportunities Uses conditions, opportunities Flows Broadly understood, in unlimited way production factors for specific purposes Direction Indefinite Specified Business model any, not clear indistinct "New", flexible Source: own study. The essence of the globalization process is similar in most countries of the world. For the same reasons, the essence of internationalization is often different. There- fore, it is difficult to identify these two concepts with each other. Globalization is a spontaneous process, while internationalization is a process of making ra- tional decisions. Thus, it is “globalization that creates a field for action for companies that want to internationa- lize, not the other way around. Globalization creates op- portunities for networking and internationalization creates networking opportunities. Globalization brings with it new solutions, new technologies, and in the pro- cess of internationalization companies use them for new solutions and innovations” [4, p. 22]. Challenges for modern business. The contempo- rary expression "traditional business" refers rather to the B. Glinkowska-Krauze, Ł. Górecki, N. Chebotarova 40 Економічний вісник Донбасу № 4(62), 2020 functioning of an enterprise on its own market, based on traditional, often outdated technologies, producing typi- cal, standard, and repetitive products, rather than to an innovative enterprise, often changing its products and services and their features and functionality [4, p. 16]. The research carried out in Polish and Ukrainian enter- prises (especially small and medium-sized enterprises) shows that the concept of a modern enterprise relates mainly to the readiness to create a cooperation network, to enter into various interactions, to flexibility and to base operations on new technologies. The list of features of a traditional and a modern enterprise is presented in Table no 2. Summarizing comparing the business cha- racteristics, the criteria developed during the own re- search and proposed by such authors as T. Sporek and S. Talar [20], J. Jennings and L. Haughton [21], C. Perez [22], J. McGee, H. Thomas and D. Wilson [23] were used. Table 2 Features of the traditional and contemporary/modern business model - comparative analysis* Criterion Traditional model Contemporary model 1 2 3 Time factor Industrial Era Innovation Era Growth factors Financial capital (raw materials, Energy, natural resources) Human capital, (knowledge, Innovation, creativity, ability to change, employee loyalty) Products/services/technology Standardized products, Long product/service/technology life cycle Short product/service/technology life cycle Market Low market volatility; market deter- mined by suppliers; mass consumption A volatile and dynamic market, shaped by customers Market segmentation due to strictly defined specific consumer characte- ristics. Individualization of needs Nature of production Energy and material-intensive produc- tion; the main value for the company are material production factors Energy and material-saving production; the main value for the company are intangible production factors The specificity of the production process Standardization of processes and divi- sion of tasks; specialization; individual work stations; mechanization and automation; periodic nature of the innovation pro- cess – when necessary Flexibility and adaptability; versatility, team and project nature of work; computerization, robotization, electroniza- tion; a continuous innovation process, embedded in the company's organizational culture Learning Process Ad hoc, as needed; training – as a ne- cessity; Continuous, included in the company's strategy; training as an investment, lifelong Competition Price competition; rather local; important size of the company Non-price competition; global; significant speed of action Sources of competitive advantage Cutting costs on business activities ; competing with price; Economies of scale Unique resources and capabilities; diversification strategy; competing with quality and technologies Organizational structure and the nature of functioning Centralized and hierarchical structures; bureaucracy; lack of flexibility of communication channels; decisions often made by the headquar- ters; lack of permanent horizontal (coopera- tive) relationships between companies; striving for stabilization; advantage of large industrial compa- nies Network structures, flexible, lean; decentralization, high autonomy of multi- tasking units; horizontal model of decision making; change management; tendency to permanent cooperation with other organizations (even competing ones); the advantage of innovative, knowledge- based companies Success measure Profit Market value of the company (capitalization) B. Glinkowska-Krauze, Ł. Górecki, N. Chebotarova 41 Економічний вісник Донбасу № 4(62), 2020 Ending of Table 2 1 2 3 Employees A large share of employees with aver- age qualifications; employees understood as variable cost (company liabilities); narrow specialization; matching employee qualifications to the position; stability of employment Large share of highly qualified employees; employees understood as human capital (company assets); adaptability of employees to various posi- tions Managers Discipline managers as a determinant of quality; confrontational relationships with management; controlling steering; stabilization Motivation, cooperation and initiative as a determinant of quality; cooperation between management and employees, horizontal relations; coaching; constant changes Risk Moderate High and increasing along with the com- plexity of organizational and legal forms and forms of internationalization * Source: Own compilation based on: B. Glinkowska-Krauze (formerly B. Glinkowska), Internationalization of Polish and Ukrainian enterprises, Publisher UŁ, 2018, p. 17; T. Sporek, S. Talar (ed.), Internationalization and competitiveness of modern economic entities, ed. UE w Katowicach, Katowice, 2011, pp. 15-16 [after:] J. Jennings, L. Haughton, It's Not the Big That Eat the Small… It's The Fast Eat the Slow: How to Use Speed as a Competitive Tool in Business, HarperBusiness, 2001; C. Perez, Technological Revolutions, Paradigm Shift and Socio-institutional Changes [in:] E. Reinert, E. Elgar (ed.) Globali- zation, Economic Development and Inequality, an Alternative Perspective, Cheltenham, UK, 2004, pp. 217- 242; J. McGee, H. Thomas, D. Wilson, Strategy Analysis and Practice, McGraw-Hill Education, 2005, pp. 460-463. When analyzing the data contained in Table 2, one can notice the tendencies of the surveyed companies to increase the flexibility of operation and such manage- ment that is focused on continuous learning in order to better meet individual consumer needs. Nowadays, man has become a valuable resource of the company, and his motivation, loyalty and knowledge are the basic premise for increasing creativity in order to innovate [20, p. 16]. In 2002, P. Drucker already emphasized that "innova- tion is becoming a common feature of all market beha- viors and activities" [24, p. 144], and the principle of operation of enterprises is, first of all, to be aware of changes and adapt to them. In such circumstances, ex- perience is "perceived as something that hinders change and innovation" [20, p. 17], because it is related to a cer- tain routine of activities, and the basic skill is to get rid of old habits and patterns [20, p. 17], which is conducive to the broadly understood creativity of enterprises. In- terviews with company managers showed that the actual skills of their employees are becoming more and more important, while documents confirming qualifications are losing importance, unless such documents are also the right to perform work. The importance of networks of horizontally integrated production and trade links is also growing. At the business level, strategies such as cost leadership and price leadership are slowly disap- pearing. Such "obsolescence of traditional advantages leads to the construction of a completely new set of them" [20, p. 18], based on resources and capabilities that are difficult to duplicate. Threats for the functioning of modern enter- prises. In the conditions of globalization, new situations and new opportunities appear unexpectedly, causing challenges, the meeting of which may be the only chance to exist or stay on the market. Enterprises must even adapt quickly to the market, because what is effec- tive today may not be as effective tomorrow. Changes in the economy have always occurred, but their current pace seems incomparable. A contemporary enterprise is an entity that is constantly looking into the future, searching for and solving problems that have not emerged yet. It is a company that thinks in terms of to- morrow [25, p. 507]. Modern enterprises feel the effects of the global crisis related to the uncertain nature and the depletion of mineral resources, which may disrupt their functioning [26]. The uncertainty of climatic conditions is a significant threat for agricultural enterprises based on processing. The fear of such disruptions in function- ing is visible especially among entrepreneurs in Ukraine, where a large part of enterprises' income and national income comes mainly from cultivation and breeding. The increased competitiveness is another factor that today's enterprises grapple with. Foreign competi- tors offer completely new, previously unknown pro- ducts characterized by low prices and good quality [27]. The increase in the number of competition on the mar- kets of the home country is a direct motive of the sur- veyed companies to look for opportunities outside their own country. Here there are numerous barriers and threats. Small enterprises of both countries are not able to be cost-effective, that it directly translates into higher prices of their products and services. Polish small enter- prises are primarily looking for foreign business part- B. Glinkowska-Krauze, Ł. Górecki, N. Chebotarova 42 Економічний вісник Донбасу № 4(62), 2020 ners for such simple forms of cooperation as export and import, which are carried out through an intermediary and usually in the home country (indirect form). They very rarely create foreign direct investment. Ukrainian small enterprises that want to legalize their business activity, from the very beginning, look for opportunities to operate on foreign markets through (most often) such simple forms of internationalization as export and direct import. The most serious competition for them, how- ever, are not large companies, but small enterprises, which form a fairly large gray area. For this reason, Ukrainian small companies, statistically more often than Polish ones, internationalize their economic activity from the moment of their establishment. In the case of Polish small and medium-sized enterprises, it is more often an evolutionary action than a revolutionary one, i.e. first they look for opportunities on the home market, and then, for development reasons or exhausting the possibility of operating regionally or locally, they look for opportunities to operate outside their own country. These conclusions, however, are not so obvious and very general, as the entrepreneurship of company owners and managers plays a significant role in over- coming threats or in finding opportunities. This was confirmed in all examined cases. The functioning of enterprises is also greatly influ- enced by macroeconomic reasons, such as state policy and legal regulations. This factor determines the busi- ness opportunities both in the home country and in the host country. The existence of favor (or disfavor) of the broadly understood state policy, translated into legal provisions and government programs, is particularly visible in Ukraine. There is especially here the lack of support for small enterprises and the privileging of the large ones, having strategic importance for the country, or "clout" based on "acquaintances", is particularly no- ticeable. The situation of supporting enterprises in Po- land looks better. There are more programs supporting business activity and their internationalization, but the research carried out, showed a situation in which, among a hundred surveyed enterprises, only a few of them be- nefited from such programs, and they were usually me- dium and large companies. Another few companies used the support of universities and scientific institutes in the field of joint innovative projects. Polish enterprises either do not know about the existence of such programs or they are overwhelmed by bureaucracy and unclear regulations. In Ukraine, entrepreneurs usually know the current programs, but they know that their chances of getting support are small, so they often do not even try. Moreover, small enterprises with little equity are not able to create positions for project acquisition or inno- vation (research and development) in their structures. In both countries, enterprises most often use competitive benchmarking, which provides ideas and solutions quickly and without cost. Among the external factors that belong to threats to modern business, one should also mention the unstable situation related to inflation, the level of interest rates, law and state interventionism. The possibility of shaping them by individual economic entities is minimal [28, p. 2]. Resume. The conducted research and analyzes showed that the concept of modern business relates mainly to the broadly understood internationalizing eco- nomic activity, which requires many changes in the structure and organizational culture of enterprises. As emphasized in the introduction, the studies cover the years 2013-2019, so they do not refer to a pandemic si- tuation that requires separate, in-depth research. In such a situation, the process of internationalization of eco- nomic activity does not lose its importance, but its forms and methods are changing. There are still clear trends in the ways of doing business, consisting in the ability to take up challenges and risks, far-reaching flexibility and innovation, constantly made changes and search for in- novative solutions, as well as placing the main emphasis on the human capital of the enterprise. Facing chal- lenges and taking risks resulting from the premises of a globalizing world – rather than avoiding them – are es- sential features of today's companies. The phenomenon of globalization, as a spontaneous process, constitutes a specific background for all processes carried out by en- terprises, including the processes of internationalization of economic activity. This, in turn, will require an appli- cation of certain new strategies and forms of operation of modern companies. The sectoral character of eco- nomic activity (its profile) may also fundamentally change, and new geographic directions may form for the internationalization of companies' activities. When ana- lyzing the threats to the functioning of modern enter- prises, it can be noticed that the uncertain climatic con- ditions will adversely affect all companies that live off agricultural and livestock crops, which in Ukraine, that is based on agricultural production, breeding and pro- cessing is of significant importance. This does not mean, of course, that in countries with a less important agricul- tural sector in the overall functioning of the economy, the changing climate will not matter. Moreover, the huge number of competitors, that offer new products at low prices and good quality, does not give smaller en- terprises a chance to "break out", both in Poland and in Ukraine, therefore – especially in Ukraine – micro and small companies from the very beginning look for op- portunities in the markets of neighboring countries. The smaller enterprises are the biggest threat, forming the so-called gray zone, which forces newly emerging com- panies to practically immediately internationalize their economic activity. Another important threat are macro- economic issues, such as unfavorable (unsupportive) state policy, unclear legal regulations, as well as rising inflation and rising interest rates. In Poland, small enter- prises usually do not know about the existence of inter- nationalization support programs, and in Ukraine, entre- preneurs know that they have no chance of taking ad- vantage of them. On the other hand, large companies use them. 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При цьому слід брати до уваги, що проблематиці дослідження конкретних практик взаємодії підприємницьких струк- тур Польщі та України, як це не парадоксально, в ці- лому приділяється недостатня увага (і в польській, і в українській економічній науці). Це слугувало натхненням для написання даного дослідження, основна мета якого – виявити особливо- сті сучасної бізнес-моделі на фоні виявлення відмінно- стей між традиційною і нинішньою моделлю в кон- тексті існуючих загроз і з'ясувати головні (одні з го- ловних) причини таких розходжень. Введення нале- жить до використаної методології даного дослідження (конкретними методами дослідження є методи єдності аналізу і синтезу, індукції і дедукції та порівняльного аналізу, а також методи угруповань і екстраполяції). Стаття є результатом власного емпіричного дослід- ження авторів і порівняльного теоретичного аналізу, заснованого на літературі з даної теми, і є загальною характеристикою обох моделей. У загальних рисах представлено основні риси сучасної бізнес-моделі і тенденції європейської економіки на прикладі Польщі та України. Таким чином, дослідження спрямоване на B. Glinkowska-Krauze, Ł. Górecki, N. Chebotarova 45 Економічний вісник Донбасу № 4(62), 2020 виявлення тенденцій ведення бізнесу на сучасному ринку і його характерних особливостей у контексті прогнозованого підвищення ролі факторів міжкуль- турної (транс-культурної) взаємодії в бізнесі. Ключові слова: бізнес-модель, глобалізація, інно- вації, інтернаціоналізація, ринок. Glinkowska-Krauze B., Górecki Ł., Chebota- rova N. Premises and Characteristics of "Contempo- rary Business" – the Context of Globalization, Interna- tionalization and Threats In the course of previous comprehensive theoretical, methodological and empirical research of the authors, the main purpose of which was to identify ways of internation- alization of Polish and Ukrainian enterprises. It was noted that a new model of business functioning is emerging, sig- nificantly different from the traditional model, in which the phenomenon of globalization underlies the process of in- ternationalization of economic activity. At the same time, it should be borne in mind that the problem of studying specific practices of interaction between business struc- tures in Poland and Ukraine, paradoxically, as a whole, is given insufficient attention (both in Polish and Ukrainian economic science). This served as the inspiration for writing this study, the main goal of which is to identify the features of the modern business model on the background of identifying the differences between the traditional and the current model in the context of existing threats and to find out the main (one of the main) reasons for such differences. The introduction refers to the methodology used for this study (specific research methods are methods of unity of analysis and synthesis, induction and deduction and comparative analysis, as well as methods of grouping and extrapola- tion). The study is the result of the authors' own empirical research and a comparative theoretical analysis based on the literature on the topic, and is a common characteristic of both models. In general terms, the main features of the modern business model and trends in the European eco- nomy are presented on the example of Poland and Ukraine. Thus, the study is aimed at identifying trends in doing busi- ness in the modern market and its characteristic features in the context of the predicted increase in the role of factors of intercultural (transcultural) interaction in business. Keywords: business model, globalization, innovation, internationalization, market. Глинковская-Краузе Б., Гурецкий Л., Чебота- рёва Н. Н. Предпосылки и характеристики «совре- менного бизнеса» – контекст глобализации, интер- национализации и угроз В ходе предыдущих комплексных теоретико-ме- тодологических и эмпирических исследований авто- ров, основной целью которых было выявление путей интернационализации польских и украинских пред- приятий, отмечено, что появляется новая модель функ- ционирования бизнеса, существенно отличающаяся от традиционной модели, в которой феномен глобализа- ции лежит в основе процесса интернационализации экономической деятельности. При этом следует при- нимать во внимание, что проблематике исследования конкретных практик взаимодействия предпринима- тельских структур Польши и Украины, как это ни па- радоксально, в целом уделяется недостаточное внима- ние (и в польской, и в украинской экономической науке). Это послужило вдохновением для написания дан- ного исследования, основная цель которого – выявить особенности современной бизнес-модели на фоне вы- явления различий между традиционной и нынешней моделью в контексте существующих угроз и выяснить главные (одни из главных) причины таких различий. Введение относится к использованной методологии данного исследования (конкретными методами иссле- дования являются методы единства анализа и синтеза, индукции и дедукции и сравнительного анализа, а также методы группировок и экстраполяции). Статья является результатом собственного эмпирического ис- следования авторов и сравнительного теоретического анализа, основанного на литературе по данной теме, и является общей характеристикой обеих моделей. В об- щих чертах представлены основные черты современ- ной бизнес-модели и тенденции европейской эконо- мики на примере Польши и Украины. Таким образом, исследование направлено на выявление тенденций ве- дения бизнеса на современном рынке и его характер- ных особенностей в контексте прогнозируемого повы- шения роли факторов межкультурного (транс-культур- ного) взаимодействия в бизнесе. Ключевые слова: бизнес-модель, глобализация, инновации, интернационализация, рынок. Received by the editors: 07.12.2020 and final form 29.12.2020