The role of corporate social responsibility in development of communication with external stakeholders and environmental protection – an example of a telecommunications company

10.29119/1641-3466.2021.152.16

Quantitative analysis of the economic potential on the example of the Upper Silesian Metropolis

Purpose: The aim of the article is to show the modified method of calculating the economic potential on the example of territorial units of the Upper Silesian Metropolis. Design/methodology/approach: Economic potential is a measure of a region's strength compared to other regions. In economics, potential is a substitute for socio-economic development. The methodology of calculating the modified economic potential of territorial units was discussed in the first part of the article, and an empirical example is presented in the second part. Findings: As a result of the research, strong regions were identified and the self-potential of the regions and their surroundings were compared. Research limitations/implications: The proposed modified method of potentials can be used for a comparative analysis of any territorial units. The metric that is used to measure the distance between territorial units is important. Practical implications: On the basis of the presented method, any regions or countries can be compared in terms of socio-economic development. Social implications: The method makes it possible to compare the socio-economic development of regions in terms of income and population. Originality/value: The article compares selected communes of the Silesian Voivodeship in terms of income, population and socio-economic development. A modified measure of economic potential was used