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Economy and time will become a common denominator in a debate between entrepreneurs, academics and members of local governments during 365 Timing Economic Congress that will take place on 21st and 22nd November this year in Wrocław. Participants in this year’s congress will also discuss megatrends in economic perspective by 2035. What will the megatrends be like and who will be determining them?

  • Prof. dr hab. Andrzej Kaleta, rector of the Wrocław University of Economics:

    – The first trend covers new fields of economy, increasing innovativeness, traditional sectors supported by new sectors we cannot even forecast these days. The second one refers to increasing globalization and global competition. This is not a new trend but it is present with an increasing intensity. Another one means development of the Internet, new methods of communication and new fields of industry connected with them. The fourth one means new environmental and social challenges connected with unprecedented climate crisis and increasing social conflicts.

  • Prof. university, dr hab. Bogusław Półtorak, Vice Dean for Education, Wrocław University of Economics:

    – New megatrends in economy arise to influence our future, including trade wars, long-term low interest rates, consolidation of the Euro Zone and Brexit or changes in competitiveness resulting from increase in costs of employment in our region. Under these conditions actions connected with long-term investment planning in the next few years will be of special importance, since Polish economy is very much based on export and depends on good economic conditions within the Euro Zone to a large extent.

The role of local governments in supporting the business will be one of the key topics of the Congress.

  • Cezary Przybylski, Marshal of Lower Silesia:

    – We must enhance cooperation between science and business. We establish such business-related institutions as the Lower Silesian Fund for Development dedicated to creation of permanent system of long-term financing for SME. Dialogue with the business environment and engagement in multi-dimensional cooperation is of key importance. As a result of initiative undertaken by local governments, business incubators, technology parks and science parks are established. With nearly 3 million residents Lower Silesia can boast 380 000 businesses and a new business established every three minutes on average. The owners and employees of such new businesses are often graduates of universities seated in the region. Every year more than 40 000 young people graduate from Lower Silesian universities. They are mostly awarded with diplomas in specialist fields which have been included into academic offer in response to market demand.

The participants will also attempt to answer the question: Is an individual ‘noticed’ by modern economies?

  • Marek Ignor, president of the Board at the Lower Silesian Development Fund:
    – It seems that a man is in the very centre of all actions taken in the economic sphere. On the one hand, a man is the manufacturer of products and supplier of services, on the other hand – their consumer. The entire closed cycle becomes pointless without a man. The same applies to individual actions being part of the cycle – says the President and underlines that a successful business is the business that meets human needs, adjusts the process to existing megatrends, technological progress or social processes, such as e.g. migration.

Naturally, there will be more issues to discuss during the Congress. For instance: How does technological progress change societies? What is the alternative for sharing economy? How do team roles change at various stages of company development? What are our expectations with regard to the state, local government, institutions, organizations and enterprises? How leaders of social and economic processes should be shaped?

365 Timing Economic Congress will take place on 21st and 22nd November 2019 in Haston City at ul. Irysowa 1-3 in Wrocław. The Congress is organized by the Lower Silesian Fund for Development and the Wrocław University of Economics.