(PDF) Configuring Organisational Resources and Coordinating Business Operations in the Practice of Polish MNEs: Towards Excellence in International Management?

The starting point for discussion in the paper is the belief that being present on international markets offers only an opportunity, not a guarantee, of benefiting from internationalisation, in particular in relation to the most advanced transaction "Ot" advantages (according to the OLI paradigm). Thus, the following paper focuses on two main aspects of international management, i.e. the spatial configuration of organisational resources and the coordination of business operations, which both largely condition benefits from multinationality. The main purpose of this study is to assess the degree of resource configuration and activity coordination among MNEs representing the so-called latecomers in the global economy (in this case MNEs from Poland). In order to achieve this goal, we use firm-level data obtained from a survey conducted among Polish MNEs and their foreign affiliates. Our findings indicate that resource configuration and activity coordination are limited among the surveyed enterprises (they remain at a medium level). Although Polish MNEs report benefits from undertaking international activities, the majority of them are not yet able to maximise the results at the current stage of their development.

Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Configuring Organisational Resources and Coordinating Business Operations in the Practice of Polish MNEs: Towards Excellence in International Management? Marcin KUZEL Nicolaus Copernicus University, Toruń, Poland E-mail: mkuzel@umk.pl Abstract The starting point for discussion in the paper is the belief that being present on international markets offers only an opportunity, not a guarantee, of benefiting from internationalisation, in particular in relation to the most advanced transaction “Ot” advantages (according to the OLI paradigm). Thus, the following paper focuses on two main aspects of international management, i.e. the spatial configuration of organisational resources and the coordination of business operations, which both largely condition benefits from multinationality. The main purpose of this study is to assess the degree of resource configuration and activity coordination among MNEs representing the so-called latecomers in the global economy (in this case MNEs from Poland). In order to achieve this goal, we use firm-level data obtained from a survey conducted among Polish MNEs and their foreign affiliates. Our findings indicate that resource configuration and activity coordination are limited among the surveyed enterprises (they remain at a medium level). Although Polish MNEs report benefits from undertaking international activities, the majority of them are not yet able to maximise the results at the current stage of their development. Keywords: Multinational enterprises, MNEs, Organisational resources, Business operations, Configuration, Coordination, International management, Latecomers in the global economy, FDI Introduction Internationalisation of enterprises is guided by various reasons (Jaworek et al. 2019: 2–9). However, looking at the motives driving foreign expansion, it can be considered in its four basic variants, i.e. as (Dunning 1998: 53; 1993: 56; 2000: 164–165): resource-oriented, market-oriented, efficiencyoriented, and strategic asset or capability-oriented. It must be stressed – as Dunning and Lundan (2008b: 68) point out – that many multinational enterprises (MNEs), especially the larger ones, frequently pursue multiple objectives when engaging in foreign expansion that combines more than one of the above categories. According to the eclectic theory of international production (the OLI paradigm), meeting these objectives will be possible mainly thanks to the appropriate use of the socalled specific ownership (or proprietary) “O” advantages, i.e. unique firm-specific assets, both tangible and (largely) intangible, which are not available or not available at such favourable terms, to other enterprises (Dunning 1993: 80; Markusen 1995: 174–175; Rugman 2010: 2). The concept of “O” advantages has changed over time (Eden: 280–291; Eden and Dai 2010: 13–34), starting with the most traditional view (Dunning 1981: 27), through approaches that integrate different perspectives – including new forms of international business (Dunning 1995: 461–491), strategic management theory (Dunning 1998: 13) or institutional theory (Dunning and Lundan 2008a: 573–593; 2010: 1225–1246), to the least obvious ones which focus on the specifics of emerging market multinationals (Antalóczy et al. 2014: 47–61; Williamson and Wan 2018: 557–567). From the point of view of the internationalisation process logics and the consequences for international management, the identification of the asset “Oa” advantages and transaction “Ot” advantages was one of the more important approaches (Dunning 1983: 333–351) (later also institutional “Oi” advantages – Dunning and Lundan 2008a: 573–593; 2010: 1225–1246; Lundan 2010: 51–70). The first group of advantages relates to the protected ownership of specific enterprise assets in relation to the advantages held by other entities and are a consequence of structural market imperfections – they are mainly initial advantages that enable foreign expansion (Dunning 2001: 176). The second group 6707 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges of advantages is a consequence of the hierarchical organisation of MNEs, which have the ability to generate transaction benefits (or reduce transaction costs) by managing assets located in different countries (Dunning 1988: 2). However, the most advanced “Ot” advantages are uniquely related to multinationality (Eden and Dai 2010: 17). Thus, they can become an attribute of enterprises with a higher level of internationalisation and relate to a situation in which MNEs are able to take advantage of “multiple sources of external authority and multiple denominations of value” (Sundaram and Black 1992: 729) or – in other words – discount benefits of international scale of operation and functioning in diverse socio-economic environments. At this stage, there is a possibility and legitimacy of targeting the expansion of MNEs not only on the previously mentioned acquiring resources (resource-oriented expansion) or gaining access to new markets (market-oriented expansion), but also using “foreign activities as means by which they can improve their global market position by raising their efficiency or accessing new sources of competitive advantage” (Dunning and Lundan 2008b: 68). In reality, however, it is neither simple nor obvious. It is essentially a challenge for managers rather than an absolute benefit of business activity internationalisation. Guidelines and Literature Review Although many studies highlight major benefits of foreign expansion (in terms of improving MNE performance, employment parameters, export, investment activities, productivity and overall competitiveness – UNCTAD 2006: 170–175; Sunesen et al. 2010: 31–34; Szałucka 2010: 5–13; Imbriani et al. 2011: 369–381; Gibb and Szałucka 2012: 49–80; Shiau et al. 2013: 184–196; Chen and Yang 2013: 17–38; Foster-McGregor et al. 2014: 244–257; Jaworek et al. 2018b: 137–152), Gupta and Govindarajan (2001: 45–58) state explicitly that being present on international markets, or even becoming a “global player”, merely creates an opportunity to gain a competitive advantage. This opportunity can be used as long as MNEs are able to effectively discount benefits within the five key areas – potential sources of value creation, i.e. adjusting their offer to the specifics of local markets, using transnational scale and scope of activity, optimising spatial configuration of resources and implemented business processes as well as maximising knowledge transfer between units in different locations. In this sense, the internationalisation of an enterprise becomes a necessary condition, but not always sufficient for the full implementation of the objectives related to foreign expansion (Kuzel 2018: 387). It is worth noting that the lack of an absolutely positive relationship between the expansion and the results achieved by MNEs is highlighted by the results of the research conducted among enterprises representing the new European Union member states (Damijan and Decramer 2014: 1–49; Damijan et al. 2017: 74–97). Looking at the possibility of gaining the most advanced “Ot” advantages by MNEs, the most important aspects are the ability to integrate dispersed resource management and the effectiveness of actions in order to optimise their spatial configuration (including relocation and reconfiguration) and the coordination of business operations (activity coordination) towards increasing global organisational efficiency. In literature, these two basic elements of international management (i.e. configuration and coordination) are most often considered from the perspective of value chains, understood by Porter (1985: 36–39) as a systematic set of activities of strategic importance related to project creation, the production process, marketing activities, deliveries and service. The expansion and spatial distribution of individual elements of the value chain and the entities participating in it describes the configuration, and the integration and harmonisation of activities at the transnational level make up the effect of coordination (Zorska 2007: 161–162). The condition for obtaining benefits from the spatial configuration is the location of the individual elements of the value chain in those locations where they bring the highest value added, while the results of international coordination depend on the appropriate shaping of the network of connections, cooperation and arrangements between enterprise units and its partners in different countries (Koźmiński 1999: 68, 76). The above approach is fully described by Grunwald and Flamm (1985) and later on developed in the context of international business (Buckley 2004: 1–25; Buckley and Ghauri 2004: 88–89) in the concept of “global factory”. According to it, modern MNEs are increasingly pursuing the postulate of hybridisation of various forms of foreign expansion, conducting flexible activity based on a network 6708 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges of geographically dispersed units, related by capital relations and cooperation ties, but above all a bundle of goals whose implementation is coordinated by a central entity – a network integrator (usually represented by the parent company). Buckley (2011: 270) emphasises that MNE managers have already learned to a large extent how to decompose processes to optimise the location of their individual stages, as well as how to properly coordinate the entire course of the value chain, even if its individual phases are not implemented “inside” the company. Such activities – as indicated by the analyses (Rosińska-Bukowska 2016: 112–115; 2017: 323–326) – reveal mainly among the most powerful MNEs in the world. At the same time, however, it is clearly emphasised that their experiences are not obvious at all (Yamin 2011: 285–293). Moreover, the intensity of these processes may differ significantly in individual cases, also due to the degree of enterprise internationalisation, the specific nature of particular sectors, socio-economic, cultural or political conditions (Kuzel 2018: 439), as well as the consistency of previously adopted modes of action, experience gained or even historical considerations (Buckley 2009: 309–321; Fitzgerald and Rowley 2015: 449–456). From the considerations carried out so far emerges a potentially interesting research question: To what extent is the postulate of spatial configuration of resources and activity coordination implemented by MNEs from the group of the so-called latecomers in the global economy (i.e. representing countries already partially advanced on their way to win the “developed” status – Storper et al. 1998: 1–9), in this case by enterprises from Poland? Before attempting an answer to this question, however, the specifics of foreign expansion of Polish MNEs need to be outlined briefly. First of all, their expansion has a relatively high growth rate. According to the last World Investment Report (UNCTAD 2019: 216), by the end of 2018, Polish outward foreign direct investment (OFDI) reached the value of $28,510 million, which is over 106 times more than at the end of 2000 ($268 million, nominal values). At the same time, the number of companies holding their shares/stakes in 3941 entities abroad was estimated at 1838 in 2017, which means an increase of over 27% compared to 2010 (Statistics Poland 2019). Secondly, despite an intensive growth in OFDI stocks, it must be emphasised that Polish MNEs concentrate mostly on European markets (NBP 2018; Statistics Poland 2019), and the level of their internationalisation (taking into account both the scale and the scope of their activities) is generally at a medium level (Jarosiński 2013: 173–179; Trąpczyński 2016: 283–306). Thirdly, the internationalisation of Polish enterprises is primarily market-oriented (Götz 2011: 47–70; Gorynia et al. 2013: 61–75; Kowalewski and Radło 2014: 365–374; Ciesielska et al. 2016: 80–81; Jaworek et al. 2018a: 19–30), their relationships with external entities remain limited (Sagan 2015: 249–258; Adamczyk and Sagan 2015: 38–53; Poland, Go Global! 2015), and expansion is carried out using mainly their own resources (Poland, Go Global! 2015). Given the above characteristics of the internationalisation of Polish MNEs, below considerations were placed within the basic structure of the links between a parent enterprise and its foreign affiliates, i.e. ignoring their external relationships. This is consistent with an approach presented in the literature (Yaprak et al. 2011: 179–192; Sinkovics et al. 2011: 124), according to which the fundamental conditions for a successful integration and coordination of MNE business processes are within the ability to properly shape the architecture of intra-organisational relationships (i.e. between entities located in different countries, but tied by ownership relations). Research Methodology The results presented in this paper come from a survey conducted among Polish MNEs (the first part) and their foreign affiliates (the second part) as part of the project called “Investment Activity of Polish Enterprises Abroad: Factors and Effects”, conducted between 2010 and 2013 at Nicolaus Copernicus University, Poland as Research Grant No. N N112 322 338, financed by the Ministry of Science and Higher Education. The first part of the study covered 622 companies – Polish foreign direct investors. The research was carried out using the CAPI (Computer Assisted Personal Interviewing) method. A total of 64 valid answers were obtained, which means a return of 10.3%. The respondents were mainly representatives of senior and top management. It must be stressed that companies that participated in this part of the study had completed 278 OFDI projects. Among them, 6709 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges 52% were M&A projects and 48% greenfield investment. The majority of completed OFDI projects (44%) were associated with commercial activities and another 37% with services, 11% with production and trade, 4% with production only, 2% with trade and services, and 2% with production, trade and services. The lion’s share of OFDI projects (97%) was located in Europe, particularly within the European Union (45% in the EU-15, and 22% in the EU-12). All foreign affiliates of Polish MNEs identified in the preparatory proceedings were invited to participate in the second part of the study (a postal survey). There were a total of 659. Fifty correctly completed questionnaires were received, which means a return of 7.6%. Most foreign affiliates surveyed were located in countries directly bordering Poland, mainly in the Czech Republic (24%), Ukraine (16%), Russia (10%) and Germany (8%). The activities of foreign affiliates focused mainly on trade (36% of enterprises), services (32%) and production (18%). Research Results The results of the survey confirm that the two elements of international management discussed in the paper (i.e. configuration and coordination) were reflected in the practice of Polish MNEs (Table 1). An appropriate configuration of organisational resources was confirmed in 92% enterprises and the coordination of business operations in 96% of the surveyed enterprises. It should be emphasised, however, that the level of both resource configuration and activity coordination proved to be rather limited. Table 1: The configuration of organisational resources and the activity coordination among the surveyed enterprises – assessment of foreign affiliates (the second part of the survey) The level of organisational resource configuration / activity coordination: Resource configuration Activity coordination high (%) 14.0 24.0 medium (%) 58.0 50.0 low (%) 20.0 22.0 Lack of proper configuration / coordination (%) 6.0 2.0 Prefer not to say (%) 2.0 2.0 100.0 100.0 Total Source: own study based on survey results. A vast majority (63%) of entities that declared having an appropriate spatial configuration of organisational resources, described its level as “medium”, while 21.7% of them considered it “low” and only 15.2% said it was “high”. Similarly, the majority of enterprises (52.1%) assessed their activity coordination to be at a “medium” level. 25% described their scale of coordination as “high” and 22.9% declared that it was “low”. Therefore, despite a significant amount of activity among the surveyed enterprises in both analysed areas, the assessment of its effects remains only moderately positive. It is not so much the concentration of efforts aimed at obtaining an appropriate spatial configuration of resources or activity coordination that is of most importance for a more complete evaluation of the degree of management integration at the transnational level, but a combination of both these elements. Only together, they can form the foundations for a desired architecture of a company’s internal system. Taking into account the above postulate, a summary of the study results seems to confirm the previously formulated conclusion about the limited (medium) level of resource configuration and activity coordination among the surveyed Polish enterprises (Table 2). The results of the study revealed that relatively the highest percentage of enterprises surveyed (13.8%) showed a “medium” level of both spatial resources configuration and activity coordination. On the other hand, a slightly smaller proportion of entities declared “medium” configuration and “high” coordination 6710 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges levels (10.5%) or “medium” configuration and “low” coordination levels (10.2%). The results of the study indicate that a “medium” or higher level of both resource configuration and activity coordination was declared by 37.3% of the surveyed enterprises, which is definitely less than when considering these two key areas of international management separately. Only 4.8% of the entities participating in the survey said that level was “high”. A similar percentage of respondents (5.4%) assessed the level of configuration and coordination in their enterprises as “low”, and 1.0% declared a complete lack of effort in these areas. Table 2: The level of organisational resource configuration with coordinated activities in the surveyed enterprises – an assessment of foreign affiliates (the second part of the survey) Level of activity coordination: Level of resource configuration: high (%) medium (%) low (%) Lack of proper coordination (%) high (%) 4.8 8.2 4.6 2.0 medium (%) 10.5 13.8 10.2 7.7 low (%) 5.6 8.9 5.4 2.8 Lack of proper configuration (%) 3.8 7.1 3.6 1.0 Source: own study based on survey results. Table 3: Actions aimed at optimising spatial configuration of organisational resources and their importance from the perspective of international competitiveness of the surveyed enterprises – an assessment of parent enterprises (the first part of the survey) Importance Rating: Frequency (%) Indicator Rank delegating to work in foreign affiliates/branches 54.7 3.69 6 transfer of knowledge and skills 51.6 3.89 5 recruiting employees from foreign affiliates/branches 34.4 3.55 7 moving business units abroad 29.7 4.43 1 transfer of production technologies 28.1 4.03 4 creating profit centres abroad 21.9 4.21 2 performing R&D abroad 17.2 4.09 3 Actions taken: Notes: the importance indicator has a weighted average arithmetic structure and takes the value from 1 to 5; respondents rated the importance of individual types of activities on a scale from 1 – “invalid” to 5 – “very important”. Source: own study based on survey results. From the point of view of increasing MNE global organisational efficiency, activities aimed at optimising spatial distribution of available resources, i.e. their appropriate geographical relocation and configuration (or reconfiguration) are extremely important. However, the results of the study revealed that nearly half (48.4%) of the participating entities did not take such action at all, 18.8% refused to answer this question, considering the subject to be too sensitive, and 6.2% said they did not have sufficient knowledge to express an opinion. Therefore, only 26.6% of enterprises from the sample (the first part of the survey) confirmed the implementation of activities aimed at optimising spatial configuration of organisational resources. The activities undertaken included mainly (Table 3) delegating employees to foreign affiliates/branches (54.7% of responses) and the transfer of knowledge and skills (51.6%). As part of the efforts in sharing experience and raising skills, 34.4% of 6711 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges the surveyed entities also posted employees from abroad to the parent company in Poland. Other activities undertaken by the surveyed enterprises included transfer of enterprise units abroad (29.7% of entities), transfer of production technologies (28.1%), creation of profit centres abroad (21.9%), and performing research and development (R&D) abroad (17.2%). The results of the study revealed that the highest rated actions from the point of view of international competitiveness of the surveyed enterprises are, paradoxically, those that were undertaken least frequently (Table 3). From the point of view of competitiveness, the most important factors were the following: moving business units abroad (4.43 rating), creating profit centres abroad (4.21), performing R&D abroad (4.09), and transfer of production technologies (4.03). The other factors were considered to be important, but not the most important, so they ranked lower even though these actions were implemented most often by enterprises. They were as follows: transfer of knowledge and skills (3.89 rating), delegating employees to work in foreign affiliates/branches (3.69), and recruiting employees from affiliates/branches located abroad (3.55). Discussion and Conclusions Summing up the considerations presented in the paper, it must be pointed out that the spatial configuration of organisational resources and the coordination of business operations within the transnational structures of Polish MNEs remain limited (their level can be generally defined as medium). This means that Polish enterprises experience benefits from international activities, but at the current stage of development, most of them are not yet able to maximise the effects achieved or fully realise the most advanced “Ot” advantages. It seems that this state of affairs may significantly affect the level of their international competitiveness, all the more so nearly half of the entities surveyed did not take active steps in order to optimise the spatial distribution of organisational resources, i.e. their appropriate geographical relocation and configuration (or reconfiguration). Moreover, the identified initiatives focused primarily on better utilisation of human capital throughout the enterprise (mainly by delegating employees to foreign affiliates/branches and knowledge transfers). So they concerned potentially important activities, but – as it turns out – not the most important ones in the context of international competitiveness. Paradoxically, actions identified as the most important (i.e. moving business units, creating profit centres, and performing R&D abroad as well as transfer of production technologies) were undertaken the least often. They obviously require much more organisational effort than the primarily mentioned initiatives. Nevertheless, there is no reason to reject them without careful consideration and thereby to ignore possible economic gains for a company. Our observations suggest, first and foremost, that in the case of Polish MNEs there are many areas of international management that still need improvement. Their managers must be fully aware of the possibility of reaping benefits from multinationality, then identify and monitor emerging opportunities and integrate business activities around the postulate of MNE global organisational effectiveness. The bundle of tasks outlined above will probably constitute the most important challenge for managers in the near future. Although the results cited here do not directly relate to the types of effects obtained by Polish MNEs thanks to foreign expansion, they correspond well with the work of other authors. Namely, according to a number of studies (Szałucka 2015: 125–149; Trąpczyński 2015: 129–137; Jasiniak 2017: 49–55; Kuzel 2018: 355–366) the benefits highlighted by Polish enterprises as a result of FDI are positive, although their scale remains rather moderate. It seems that the level and range of benefits obtained from the internationalisation of Polish MNEs are essentially related to the current (i.e. medium) stage of their internationalisation. Therefore, they correspond to present possibilities and take into account the consequences of being latecomers in the global economy. It can be expected that the pursuit of a fuller use of already existing resources, access to new ones offered by foreign locations and their appropriate absorption, compilation, reconfiguration and utilisation in the economic systems of Polish MNEs will most likely be one of the most important activities undertaken and intensified in the future. This is mainly so because it is a consistent and logical consequence of the changes accompanying foreign expansion and one of the key aspects of further development of multinational enterprises. Secondly, the results of research on Polish MNEs (Kuzel 2016: 44–53) already indicate that enterprises with relatively the highest degree of internationalisation are the most oriented towards 6712 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges increasing international competitiveness through appropriate spatial configuration of organisational resources. 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Przemiany, oddziaływania, wyzwania [Transnational Corporations: Evolution, Impacts, Challenges], PWE, Warsaw, Poland. 6717 the 35th Proceedings of International Business Information Management Association Conference (IBIMA) 1-2 April 2020 Seville, Spain ISBN: 978-0-9998551-4-1 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Editor Khalid S. Soliman International Business Information Management Association (IBIMA) Copyright 2020 Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Conference Chair Khalid S. Soliman, International Business Information Management Association, USA Special Track Chairs Beata Ślusarczyk, Czestochowa University of Technology, Poland and North-West University, South Africa Paula Pypłacz, Czestochowa University of Technology, Poland Special Session II Chair Yulia FINOGENOVA, Plekhanov Russian University of Economics, Russian Federation Special Session III Chair Svetlana Drobyazko, European Academy of Sciences, United Kingdom Special Session IV Chair Natalia Gryzunova, Plekhanov Russian University of Economics named G. V. Plekhanov, Russian Federation Conference Advisory Committee John F. Affisco, Hofstra University, USA Abdul Rahman Ahmad, Universiti Tun Hussein Onn Malaysia, Malaysia Omar Al-Azzam, University of Minnesota Crookston, USA Hesham H. Ali, University of Nebraska at Omaha, USA Ahmed Azam, DeVry University, USA Najiba Benabess, Millikin University, USA Az-Eddine Bennani, Reims Management School, France Emil Boasson, Central Michigan University, USA Regina Connolly, Dublin City University, Ireland Rene Leveaux, University of Technology, Sydney, Australia Susana de Juana Espinosa, Universidad de Alicante, Spain Xiuzhen Feng, Beijing University of Technology, China Mohammad Ayub Khan, Technologico de Monterrey, Mexico Sherif Kamel, The American University in Cairo, Egypt Najib Saylani, Florida State College at Jacksonville, USA Magdy Serour, InContext Solutions, Australia Amine Nehari Talet, King Fahd University of Petroleum & Mineral, KSA Abraham G. van der Vyver, Monash University, South Africa II Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Program Committee (it is IBIMA Policy to include a program committee member's name only after reviewing at least one submitted paper) José Luis Silva Munar, Universidad de Atacama, Chile Agnieszka Żarczyńska – Dobiesz, Wroclaw University of Economics and Business, Poland Grace Evbuomwan, Augustine University, Nigeria Nadezhda A. Lvova, Saint Petersburg State University, Russia Pavaloaia Vasile Daniel, Al.I.Cuza University of Iasi, Romania Andreea Mihaela Barbu, Bucharest University of Economic Studies, Romania Stoian Carmen-Alexandra, Bucharest University of Economic Studies, Doctoral School of Accounting, Romania Ivani Ferreira, Instituto Federal do Parana, Brazil Aleksandra Krajnović, University of Zadar, Croatia Gorzeń - Mitka Iwona, Czestochowa University of Technology, Poland Nina Golowko, Germany Liviu Bozga, University Politehnica, Bucharest, Romania Francisco Diniz, CETRAD/UTAD, Portugal Ivana Dražić Lutilsky, Faculty of Economics and Business, University of Zagreb, Croatia Virgil Stoica, Alexandru Ioan Cuza University of Iasi, Romania Mohammed Hariri bin Bakri, Universiti Teknikal Malaysia Melaka, Malaysia Urszula Knop, Czestochowa University of Technology, Poland Carmen-Elena Dobrotă, University of Bucharest, Romania Olga Bucovetchi, University “Politehnica” of Bucharest, Romania Rosu Maria Magdalena, University Politehnica of Bucharest, Romania Silvius Stanciu, ”Dunarea de Jos” of Galati, Romania Apetri Anisoara Niculina, Stefan Cel Mare Unibversity, Romania Cosmulese Cristina -Gabriela, Stefan cel Mare University of Suceava, Romania Suhaily Hasnan, Universiti Teknologi MARA, Malaysia Olatunji Oyedepo, Covenant University, Nigeria Zdeněk Málek, College of Business and Hotel Management, Czech Republic Martina Hedvičáková, University of Hradec Králové, Czech Republic Alin Emanuel Artene, Polytechnica University Timisoara, Romania Natalia Manea, Politehnica of Bucharest, Romania Katarina Zager, University of Zagreb, Croatia Teresa Proença, School of Economics and Management, University of Porto, Portugal Gabriela Fotache, George Bacovia University, Romania Sorin Burlacu, Bucharest University of Economic Studiea, Romania Dinu Toma Adrian, University of Agricultural Sciences and Veterinary Medicine, Bucharest, Romania Alexandru Ilie Buzatu, Academy of Economic Studies Bucharest, Romania Maja Pušnik, University of Maribor, Slovenia Ana Paula Preto Mendes Afonso, Polytechnic of Porto/ Porto Accounting and Business School (ISCAP), Portugal Olga O. Grineva, Plekhanov Russian University of Economics, Russia Constanta-Nicoleta Bodea, The Bucharest University of Economic Studies, Romania Faisal Zulhumadi, Universiti Utara Malaysia, Malaysia Sabri Rhita, University Ibn Tofail, Kenitra, Morocco Bogdan Cîmpan, Bucharest University of Economic Studies, Romania Badicu Galina, Academy of Economic Studies of Moldova, Moldova Florin Stoica,” Lucian Blaga” Sibiu, Romania Ramona Dobre, Bucharest University of Economic Studies, Romania Costache Iulian Cristian, Bucharest University of Economic Studies, Romania III Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Aida Hazlin Ismail, Universiti Teknologi Mara (UiTM), Malaysia Akram El Tannir, Beirut Arab University, Lebanon Wendy Teoh Ming Yen, Multimedia University, Malaysia Iulian Furdu, Vasile Alecsandri of Bacău, Romania Hasan Saleh, Universiti Teknikal Malaysia Melaka, Malaysia Apenko Svetlana, Dostoevsky Omsk State University, Russian Federation Mokeddem Allal, University Algiers 3, Faculty of Economic Sciences, Commerce and Management Sciences, Department of management, Algeria Otilia-Maria Bordeianu, Stefan cel Mare University, Suceava Carmen Valentina Rădulescu, Bucharest University of Economic Studies, Romania Jelena Franjković, J.J.Strossmayer Univesrity of Osijek, Croatia Ovidiu-Iulian Bunea, The Bucharest University of Economic Studies, Romania Bujor Păvăloiu, Politehnica of Bucharest, Romania Roman Angela, Alexandru Ioan Cuza University of Iasi, Romania Corina M. Radulescu, Technical University of Cluj Napoca, Romania Abdullah Sarwar, Multimedia University, Cyberjaya, Malaysia Carmen Costea, Bucharest University of Economic Studies, Romania Alexandru Birsan, Bucharest University of Economics, Romania Andreea-Clara Munteanu, Romania Jeong Chun Phuoc, MSU University, Malaysia Irina N. Rogova, St-Petersburg State University of Economics, Russia Agung Nugroho, Universitas Indonesia, Indonesia Fabrizio Amarilli, Politecnico di Milano, Italy Gabriela Gheorghiu, “Ovidius” University of Constanta, Romania Helena Nikolic, Faculty of Economics and Business – Zagreb, University of Zagreb, Croatia Aneta Kucińska-Landwójtowicz, Opole University of Technology, Poland Marinaș Cristian-Virgil, The Bucharest University of Economic Studies, Romania Anita Peša, University of Zadar, Croatia Ioana Pop, ‘’Lucian Blaga” of Sibiu, Romania Ioana Andreea Bogoslov, Lucian Blaga University of Sibiu, Romania Elzbieta D. Nawrocka, Wroclaw University of Economics and Business, Poland Harif Amali Rivai, Universitas Andalas, Indonesia Noor Faezah Juhari, Universiti Malaysia Terengganu, Malaysia Constantin Ionut, University of Bucharest, Romania Idaya Husna Mohd, University Teknologi MARA, Malaysia Elisa Alen González, University of Vigo, Spain Daniel Ghiculescu, Polytechnic University of Bucharest, Romania Irina Bilan, Alexandru Ioan Cuza University of Iasi, Romania Fauziah Sh Ahmad, Universiti Teknologi Malaysia, Malaysia Ionut Laurentiu Petre, Bucharest University of Economic Studies, Romania Nizar Khaled Mohammad Dwaikat, Arab open university, Palestine Marioara Ilea, University of Agricultural Science and Veterinary Medicine Cluj-Napoca, Romania Ştefan-Alexandru Catană, Bucharest University of Economic Studies, Romania Ivana Cechova, University of Defence, Czech Republic Jayanty Kuppusamy, Multimedia University, Malaysia Tatiana Zemlinskaia, Peter the Great St. Petersburg Polytechnic University, Russia Molanescu Anca Gabriela, Bucharest University of Economic Studies, Romania Rosalina Bessa Babo, Politécnico Do Porto, Portugal Matei Tămășilă, Politehnica University of Timisoara, Romania Feyza Ağlargöz, Anadolu University, Turkey Katarzyna Skrzypek, University of Zielona Góra, Poland Jakub Fučík, University of Defence, Czech Republic Elizabeth Moreno Gómez, UNIMINUTO University Corporation, Colombia Alexandra-Elena Crăciun, Politehnica of Bucharest, Romania Sharmila Rani Moganadas, Multimedia University, Malaysia IV Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Raluca-Giorgiana Chivu, The Bucharest University of Economic Studies, Romania Orlova Ekaterina V., Ufa State Aviation Technical University, Russia Bolsunovskaya Marina, Peter the Great St. Petersburg Polytechnic University, Russia Marlene Silva, Polytechnic Institute of Porto, Portugal Rocsana Bucea-Manea-Țoniș, Spiru Haret University, Romania Georgiana-Raluca Lădaru, The Bucharest University of Economic Studies, Romania Opeyemi Olaoluwa Oredola, Covenant University, Nigeria Christian Enz, University of South-Bohemia, Czech Republic George Gogoberidze, Murmansk Arctic State University (MASU), Russia Florin Gheorghe Filip, The Romanian Academy, Romania Cezar Scarlat, Politehnica of Bucharest, Romania Alexandrina Sirbu, "Constantin Brancoveanu" University of Pitesti, Romania Letizia Alvino, Nyenrode Business University, The Netherlands Andrea Lučić, Faculty of Ecnomics and Business Zagreb, Croatia Nica Ionuţ, The Bucharest University of Economic Studies, Romania Justyna Łapińska, Nicolaus Copernicus University in Toruń, Poland Pirnea Ionela Carmen, Bucharest University of Economic Studies, Romania Alina Badulescu, University of Oradea, Romania Svetlana Mihaila, Academy of Economic Studies of Moldova (University), Republic of Moldova Manaf Mowafaq "Mohd Ali" Al-Okaily, Jadara University, Jordan Kamila Tomczak-Horyń, Opole University of Technology, Poland Stefania Cristina Mirica, ”Dunarea de Jos” of Galati, Romania Azizan Abdullah, Universiti Teknologi MARA, Malaysia Burlacu Oana Steliana, “Dunarea de Jos” Galati, Romania Mirica Stefania Cristina, “Dunarea de Jos” of Galati, Romania Rdouan Faizi, Mohammed V University, Morocco Tindeche Cristiana, University of Agricultural Sciences and Veterinary Medicine Bucharest, Romania Lai Kim Piew, Multimedia University, Malaysia Laurentiu Droj, University of Oradea, Romania Ekaterina Zuga, St Petersburg University, Russia Mihai Caramihai, Politehnica Bucharest, Romania Mircea Georgescu, “Al. I. Cuza” University of Iasi, Romania Jyothsna Priyadarsini. Kunapareddy, Krishna University, Machilipatnam, Krishna District, Andhra Pradesh, India Eduard Ceptureanu, Bucharest University of Economic Studies, Romania Bochko Olena, Lviv Polytechnic National University, Ukraine Nicoleta Dospinescu, Alexandru Ioan Cuza, Romania Gabriela Tigu, Bucharest University of Economic Studies, Romania Jana Makyšová, University of Žilina, Slovakia Funke Omole, Covenant University, Nigeria Rozalia Nistor, Dunarea de Jos of Galati, Romania Ahmad Suffian Mohd Zahari, University Teknologi MARA, Terengganu, Malaysia George Marian Aevoae, Alexandru Ioan Cuza University of Iasi, Romania Takács Ildikó-Csilla, Bucharest University of Economic Studies, Romania Anabela Fragata, Viseu Polytecnic Institute, Portugal Simona Nicolae, Politehnica of Bucharest, Romania Steliana Rodino, Research Institute for Agricultural Economics and Rural Development-ICEADR; National Institute of Research and Development for Biological Sciences-INCDSB, Romania Leovaridis Cristina, NUPSPA (National University of Political Studies and Public Administration), Romania Stroe Andreea, Nicolae Titulescu University, Romania Arghiroiu Georgiana Armenita, University of Agronomic Sciences and Veterinary Medicine of Bucharest, Romania Morosan-Danila Lucia,” Stefan Cel Mare” University of Suceava, Romania Radu D. Stanciu, Politehnica of Bucharest, Romania Stanciu Vasile Miltiade, Spiru Haret University, Romania V Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Mirjana Hladika, Faculty of Economics and Business, University of Zagreb, Croatia Mohora Cristina, Politechnica of Bucharest, Romania Daniela Mardiros, Alexandru Ioan Cuza, Iassy, Romania Soava Georgeta, University of Craiova, Romania Imen Chaouachi Allani, University of Carthage, Tunisia Tomislava Pavic Kramaric, University of Split, University Department of Professional Studies, Croatia Natalia Sokolova, Saint-Petersburg State University, Russia Elisabeta Ioanas, Academy of economic studies Bucharest, Romania Hamid Housni, Abdelmalek Essaâdi, Maroc Liva Grinevica, Latvia University of Life Sciences and Technologies, Latvia Magdalena Swacha-Lech, Wroclaw University of Economics and Business, Poland Dana Kiselakova, University of Presov in Presov, Faculty of Management, Slovak Republic Jagoda Ostrowska, Poznań University of Economics and Business, Poland Stepanova Diana Igorevna, Plekhanov Russian University of economics, Russia Daniel Homocianu, Alexandru Ioan Cuza Univ.of Iasi, Romania Andra- Elena Diaconescu, Politehnica University Timisoara, Romania Fran Galetic, University of Zagreb, Croatia Dima Adriana, Bucharest University of Economic Studies, Romania Pietrzak Michał, Nicolaus Copernicus University, Poland Maslin Masrom, Universiti Teknologi Malaysia, Malaysia Albu Cătălina Florentina, Bucharest University of Economic Studies, România Popa Ștefan Cătălin, The Bucharest University of Economic Studies, Romania Gheorghita Vlad, Politehnica Bucharest, Romania Elena Korostyshevskaya, Saint Petersburg State University, Russia Manuela Ingaldi, Czestochowa University of Technology, Poland Aboulhassane Ali, Ibno Tofail University, Maroc Chiripuci Bogdan-Cristian, The Bucharest University of Economic Studies, Romania, Romania Oleh Lazariev, Uman National University of Horticulture, Ukraine Chvertko Liudmyla, Pavlo Tychyna Uman State Pedagogical University, Ukraine Vasilii Masyagin, Omsk State Technical University, Russia Violeta Sima, Petroleum-Gas University of Ploiesti, Romania Monica Boldea, West University of Timisoara, Romania Agatha Popescu, University of Agricultural Sciences and Veterinary Medicine Bucharest, Romania Maria Sinyaeva, South-West state University, Russia Su Drajat, University of Lampung, Indonesia Daniela Zirra, Romanian-American University, Romania Dorota Balcerzyk, General Tadeusz Kościuszko Military University of Land Forces in Wrocław, Poland Anna Witek-Crabb, Wroclaw University of Economics and Business, Poland Anastasiya Pesha, Ural State University of Economics, Russia Ciocoiu Carmen Nadia, Bucharest University of Economic Studies, Romania Cristian Bucur, Petroleum-Gas University of Ploieşti, Romania Fanny Martdianty, Universitas Indonesia, Indonesia Irina Severin, Politehnica of Bucharest, Romania Yuen Yee Yen, Multimedia University, Malaysia Cezar Toader, Technical Univ. of Cluj-Napoca, Romania Elena Dobre, Ovidius University of Constanta, Romania Daiva Zostautiene, Kaunas University of Technology, Lithuania Sergei Smirnov, St-Petersburg State University, Russian Federation Claudia Georgeta Cârstea,” Henri Coanda” Air Force Academy, Romania António José Gonçalves Fernandes, Instituto Politécnico de Bragança, Portugal Bouamrane Karim, Oran1 Ahmed Benbella, Algérie Ana Filipa Marques Roque, University of Beira Interior, Portugal Lamyaa El Bassiti, Mohammed V University in Rabat, Morocco Rosita Zvirgzdina, Turiba University, Latvia Nor Hazana Abdullah, Universiti Tun Hussein Onn Malaysia, Malaysia VI Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Nataliia Gvozdej, Pavlo Tychyna Uman State Pedagogical University, Ukraine Maxim Bakaev, Novosibirsk State Technical University, Russia Sebastian Kell, University of Illinois, USA Matic Andreea Elena,” Dunarea de Jos” University of Galati, Romania Liubov Silakova, ITMO University, Russia Adriana Alexandru, National Institute for R&D in Informatics, ICI Bucharest, Romania Pirvu Cerasela Adriana Luciana, University of Craiova, Romania Asalos Nicoleta, Ovidius University of Constantza, Romania Iuga Iulia, “1 Decembrie 1918” from Alba Iulia, Romania Alwi Mohd Yunus, Universiti Teknologi MARA, Malaysia Martin Holubčík, University of Žilina, Slovakia Corneliu Russu, Center of Industry and Services Economy, Romanian Academy, Romania Dan Gabriel Anghel, Bucharest University for Economic Studies, Romania Milena Janakova, Silesian university in Opava, School of Business Administration in Karvina, Czech Republic Delia Deliu, West University of Timişoara, Faculty of Economics & Business Administration, Romania Bogdan Lent, University of Science and Technology Bydgoszcz, Poland Dare Ojo Omonijo, Covenant University / Olabisi Onabanjo University, Nigeria Iustina Boitan, Bucharest University of Economic Studies, Romania Adelaida Cristina Honțuș, University of Agronomic Sciences and Veterinary Medicine of Bucharest – Romania/ Faculty of Management, Economic Engineering in Agriculture and Rural Development, Romania Adepoju Oluwayemisi Ajoke, Covenant University, Nigeria Ewa Więcek-Janka, Poznan University of Technology, Poland Isabel Ferreira, Polytechnic Institute of Cávado and Ave (IPCA), Portugal Monika Szyłkowska, Military University of Technology in Warsaw, Poland Bibigul K. Issayeva, L.N. Gumilyov Eurasian National University, Kazakhstan Craciun Liliana, Bucharest University of Economic Studies, Romania Dobroszek Justyna, University of Lodz, Poland Katarzyna Grzesik, Wroclaw University of Economics and Business, Poland Olga Pashkina, FSBEI HE Samara State Agrarian University, Russia Sîrghi Nicoleta, West University of Timișoara, Romania Nicolai Jieri, Stefan cel Mare University of Suceava, Romania Edyta Zajbert, Wroclaw University of Economics and Business, Poland Gabriela Prostean, University Politehnica of Timisoara, Romania Jaroslava Gburová, University of Prešov, Faculty of Management, Slovakia Florian Middelhuis, University of Liverpool, Netherlands Daria Elżbieta Jaremen, Wroclaw University of Economics and Business, Poland Eko Sakapurnama, Universitas Indonesia, Indonesia Naffisah Mohd Hassan, Universiti Teknologi Mara, Malaysia Richard Fedorko, Faculty of Management - University of Prešov in Prešov, Slovakia Dario Šebalj, Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia Evaristus Adesina, Covenant University, Nigeria Oon Fok Yew, University Technology of Malaysia, Malaysia Chomątowska Barbara, Wroclaw University of Economics and Business, Poland Oluwatoyin Matthew, Covenant University, Ota, Nigeria Daniel Badulescu, University of Oradea, Romania Robert Balcerzyk, General Tadeusz Kościuszko Military University of Land Forces in Wrocław, Poland Marek-Kolodziej Katarzyna, Opole University of Technology, Poland Júlia Kostrová, Alexander Dubcek University of Trencin, Slovakia Anastasia Kurilova, Togliatti State University, Russia Anna Svirina, KNRTU-KAI, Russia Ciprian-Octavian TRUICĂ, University Politehnica of Bucharest, Romania Gheorghe Consuela-Mădălina, “Carol Davila” University of Medicine and Pharmacy, Bucharest, Romania Apostoaie Constantin-Marius, Alexandru Ioan Cuza University of Iaşi, Romania VII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Justyna Śpiewak, UTP University of Science and Technology in Bydgoszcz, Poland Farzin Mohammadbeigi Khortabi, State University of Management, Russia Joana MSR Fernandes, Polytechnic Institute of Bragança, Portugal Sónia P. Nogueira, Polytechnic Institute of Bragança, Portugal Odiegwu-Enwerem Oliver Chuks, National Open University of Nigeria, Nigeria Ivankova Galina V., PRUE, Russia Avdeeva Irina, Central Russian Institute of Management, Branch of RANEPA, Russia Jonathan A. Odukoya, Covenant University, Nigeria Tamara_Selishcheva, Saint-Petersburg State University of Economics, Russia Iryna Koshkalda, Dokuchayev Kharkiv National Agrarian University, Ukraine Aleksandra Sus, Wroclaw University of Economics, Poland Evie Oktafia, University of Indonesia, Indonesia Sara Daniali, Peter the Great St. Petersburg Polytechnic University, Russia Dan Dumitriu, University Politehnica of Bucharest, Romania Jana Vodáková, Masaryk University, Czech Republic Grebneva Marina Evgenievna, Kursk State University, Russia Ovchinnikova Olga Alexandrovna, Kursk State University, Russia Ana Iolanda Voda, Institute of Interdisciplinary Research, Social Science and Humanities Research Department, Alexandru Ioan Cuza University of Iasi, Romania Lawrence Uchenna OKOYE, Covenant University Ota, Nigeria Tarcza Teodora Mihaela, University of Oradea, Romania Valeriya Kosolapova, Russian State Social University, Russia Piotr Kuraś, Czestochowa University of Technology, Poland Svitlana Plotnytska, O. M. Beketov National University of Urban Economy in Kharkiv, Ukraine Nataliia O. VERNIUK, Uman National University of Horticulture, Ukraine Zbigniew Luty, Wroclaw University of Economics and Business, Poland Afolayan Tayo-Adigboluja, Covenant University, Nigeria Afra I. Alaqeel, Imam Mohammed bin Saud University, Saudi Arabia Maxim Vlasov, Ural Federal University, Russia Sylwia Łęgowik – Świącik, Czestochowa University of Technology, Poland Tamara V. Talanova, Chuvash state University, Russia Denisona Taya, South Ural State University, Russia Mateusz Gontarz, Wroclaw University of Economics and Business, Poland Marzena Graboń-Chałupczak, WSB University, Poland Piotr Bolibok, The John Paul II Catholic University of Lublin, Poland Terenteva Tatiana Olegovna, St. Petersburg State University, Russia Maria P. Ivanova, National Research Tomsk Polytechnic University, Russia Alexey I. Dolzhenko, Rostov State University of Economics, Russia Joanna Wyrobek, Cracow University of Economics, Poland Viktor A. Sedov, Maritime State University named after G.I. Nevelskoy, Russia Agung Dharmawan Buchdadi, Universitas Negeri Jakarta, Indonesia Liudmila Shirshikova, South Ural State University, Russia Dragan Benazic, Juraj Dobrila University of Pula, Croatia Lukas Valek, University of Hradec Kralove, Czech Republic Gheorghe Donca, University of Oradea, Romania Meral Kagitci, Bucharest University of Economic Studies, Romania Krzysztof Kluza, Warsaw School of Economics (SGH), Poland Elvira Taipova, South Ural State University, Russia Thelma Ekanem, Covenant University, Nigeria Sabirova Venera Kubatovna, Osh State University, Kyrgyzstan Ana Pap, University of Josip Juraj Strossmayer in Osijek, Faculty of Economics in Osijek, Croatia Adina Moise-Titei, Ovidius University of Constanta, Romania Attila Turi, Politehnica University Timişoara, Romania Katarzyna Jach, Wroclaw University of Science and Technology, Poland Luis Amaral, Universidade do Minho, Portugal VIII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Baybarin Andrey, SWSU, Russian Federation Ayooluwa Aregbesola, Landmark University, Nigeria Aurelia Ioana Chereji, University of Oradea, Romania Olonode Ayodeji, Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria Przemysław Niewiadomski, University of Zielona Góra, Poland Liliana Manea, Athenaeum University Bucharest, Romania Cicea Claudiu, Bucharest University of Economic Studies, Romania Oana Balan, University POLITEHNICA of Bucharest, Romania Popescu Gh. Cristina Raluca, University of Bucharest, Romania & The Bucharest University of Economic Studies of Bucharest, Romania Ilze Kacane, Daugavpils University, Latvia Marcela Göttlichová, Tomas Bata University in Zlín, Czech Republic Sirko Stanisław, War Studies University, Poland Piotr Jacek Białowąs, Wroclaw Univeristy of Economics and Business, Poland Natalya V. Alesina, Sevastopol State University, Russia Mhadhbi Mohsen, Université de Tunis, Tunisie Juan Carlos Ruíz-Urquijo, Corporación Universitaria Minuto de Dios, Colombia Rodionov Mikhail, Penza State University, Russian Federation Aneta Zakrzewska, University of Life Sciences in Lublin, Poland Patrick Omoruyi Eke, Lagos State University, Ojo, Lagos, Nigeria Dita Kindlová, Brno University of Technology, Czech Republic Paweł Hanczar, Wroclaw University of Economics, Poland Aneta Jarosz-Angowska, University of Life Sciences in Lublin, Poland Marcin Lorenc, Opole University of Technology, Poland Otilia Manta, Romanian Academy/ Romanian American University, Romania Natália Letková, Alexander Dubcek University of Trencin, Slovakia Izabela Czabak-Górska, Opole University of Technology, Poland Okręglicka Małgorzata, Czestochowa University of Technology, Poland Elisabete da Anunciação Paulo Morais, UNIAG – Instituto Politécnico de Bragança, Portugal Margareta Nadanyiova, University of Zilina, Slovak Republic Kokushkina Irina V., Saint-Petersburg State University, Russian Federation Ioan-Bogdan Robu, Alexandru Ioan Cuza University of Iasi, Romania Katarzyna Walecka-Jankowska, Wroclaw University of Science and Technology, Poland Andrey Berezin, RUDN University, Russia Szczygielska Agnieszka, War Studies University, Poland Gheorghe Durac, ”Alexandru Ioan Cuza” Iasi, Romania Eluyela Damilola Felix, Landmark University, Nigeria Ana Pinto Borges, ISAG – European Business School and Research Group of ISAG (NIDISAG), Portugal Nataliia Gennadievna Fersman, Peter the Great St. Petersburg Polytechnic University, Russia Tatyana Viktorovna Morozova, Plekhanov Russian University of Economics, Russian Federation Mădălin-Dorin Pop, Politehnica University of Timișoara, Romania Dariusz Wawrzyniak, Wroclaw University of Economics and Business, Poland Golovina Tatyana, Central Russian Institute of Management, Branch of RANEPA, Russia Marcin Hernes, Wroclaw University of Economics and Business, Poland Piotr Pachura, Częstochowa University of Technology, Poland Małgorzata Kuraś, Czestochowa University of Technology, Poland Afanasyeva Liubov, Southwest State University, Russia Josef Botlík, Silesian university in Opava, Czech republic Sibirskaya Elena Viktorovna, Plekhanov Russian University of Economics, Russia Yartey Darlynton Albert, Covenant University, Nigeria Velga Vevere, EKA University of Applied Sciences, Latvia Irina Victorovna Akimova, Penza State University, Russia Irina Kolmakova, Chelyabinsk State University, Russia Achugamonu Bede Uzoma, Covenant University, Nigeria Sylwia Konecka, Poznań University of Economics and Business, Poland IX Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Bejinaru Ruxandra, "Stefan cel Mare" University of Suceava, Romania Oldřich Horák, University of Pardubice, Czech Republic Agnieszka Izabela BARUK, Lodz University of Technology, Poland Adeyeye Babatunde K., Covenant University, Nigeria Skufina Tatiana, Federal Research Centre «Kola Science Centre of the Russian Academy of Sciences» (KSC RAS), Russia Andrzej Sokołowski, Cracow University of Economics, Poland Maria Clara Silveira, Polytechnic Institute of Guarda, Portugal Anna Ivanova, Voronezh State University of Forestry and Technologies named after G.F. Morozov, Russia Łupicka Anna, Poznań University of Economics and Business, Poland Yuriy Danko, Sumy National Agrarian University, Ukraine Borishade Taiye Tairat, Covenant University, Nigeria Valerii Pavliuk, Borys Grinchenko Kyiv University, Ukraine Mihaela-Carmen MUNTEAN, “Dunarea de Jos” University of Galati, Romania Georgescu Irina, Bucharest University of Economics, Romania Aneta Włodarczyk, Czestochowa University of Technology, Poland Marcin Sitek, Czestochowa University of Technology, Poland ILIE Constantin, OVIDIUS University from Constanta, Romania Leonilde Reis, ESCE/IPS, Portugal Radek Doskočil, Brno University of Technology, Faculty of Business and Management, Czech Republic Ika Permatasari, Universitas Negeri Surabaya, Indonesia César Augusto Aguirre León, Corporación Universitaria Minuto de Dios-UNIMINUTO, Colombia Dorota Jelonek, Czestochowa University of Technology, Poland Fernando Moreira, Universidade Portucalense, Portugal Elena Gavrilyuk, Saint Petersburg National Research University of Information Technologies, Mechanics and Optics (ITMO University), Russia Jan Tlučhoř, University of West Bohemia, Czech Republic Marina Victorovna Savelyeva, Reshetnev Siberian State University of Science and Technology, Russian Federation Najeh Aissaoui, SUP’COM, Tunisie Pedro Ferreira, Univeristy Portucalense, Portugal Alexandru Trifu,” Petre Andrei” of Iasi, Romania Hafizah Rosli, Universiti Teknologi MARA, Malaysia Mario César Dávila Aguirre, Universidad de Monterrey, Mexico Nuno Adriano Baptista Ribeiro, Instituto Politécnico de Bragança, Portugal Simona Činčalová, College of Polytechnics Jihlava, Czech Republic Cecilia Cristina Socorro González, Universidad del Zulia, Venezuela Basel M. Al-Eideh, Kuwait University, Kuwait Raquel Reis Soares, Universidade Europeia, Portugal Maryam Masud, Institute of Business Management, Pakistan Emeka Okereke, University of Port Harcourt, Nigeria Erin Olayinka Adedayo, Covenant University, Nigeria Luis Nobre Pereira, University of Algarve, Portugal Samira Ellouze, University of Sfax, Tunisia Krasyuk Irina, Peter the Great St. Petersburg Polytechnic University, Russia Stephen Aro-Gordon, Muscat College (Stirling Management School, UK), Sultanate of Oman Boris Miethlich, Comenius University in Bratislava, Faculty of Management, Slovak Republic Anna Hamranová, University of Economics in Bratislava, Slovakia Chong Siong Choy, Finance Accreditation Agency, Malaysia Aria Farah Mita, Universitas Indonesia, Faculty of Economics and Business, Indonesia Donny Maha Putra, Padjadjaran University, Indonesia Ricardo Alexandre Fontes Correia, Instituto Politécnico de Bragança, Portugal Robetmi Jumpakita Pinem, Diponegoro University, Indonesia Mohamed Nejib Ouertani, FSEG Sfax / Imam Muhammad ibn Saud Islamic university, Tunisia X Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Tomasz Jalowiec, War Studies University, POLAND Kolski Christophe, LAMIH-UMR CNRS 8201, Univ. Polytechnique Hauts-de-France, France Liubov Kovalenko, Uman National University of Horticulture, Ukraine Olha Zaiats, Lviv State University of Internal Affairs, Ukraine Regina Lenart-Gansiniec, Jagiellonian University, Poland Daria S. Velichenkova, Peter the Great St. Petersburg polytechnic university, Russia Shevyakova Anna, PI Academy "Bolashaq", Kazakhstan Czeslaw Zajac, University of Economics and Business, Poland Isibor Areghan, Covenant University, Nigeria Zuzana Janková, Brno University of Technology, Czech Republic Natalia Gorodnova, Ural Federal University, Russia Nhat Tan Pham, International University – Vietnam National University in Ho Chi Minh City, Vietnam Kabus Judyta, Czestochowa University of Technology, Poland Margarita R. Tsibulnikova, Tomsk Polytechnic, Russia Anca Tamaș, The Bucharest University of Economic Studies, Romania Nahornyi Vitalii V., National University of Life and Environmental Sciences of Ukraine, Ukraine Sabina Kubiciel-Lodzińska, Opole University of Technology, Poland Aleksandra RADZISZEWSKA, Czestochowa University of Technology, Poland Bogdan Florin FILIP, “Al. I. Cuza” University of Iasi, Romania Radosław Miśkiewicz, Silesian University of Technology, Poland Ewa Koreleska, UTP University of Science and Technology in Bydgoszcz, Poland Tomas Sadilek, University of Economics, Prague, Czechia Tomas Peracek, Comenius University, Slovakia Petr Cech, University College of Business in Prague, Czech Republic Khalil Abakar Moussa Kaya, Universiti Tun Hussein Onn Malaysia, Malaysia Ayeni Adebanji W. A., Landmark University, Nigeria Monika Kozerska, Czestochowa University of Technology, Poland Svetlana SHEVELEVA, South-West State University, Russia Noor Azlinna, Prince Sultan University, KSA Piotrowska-Trybull Marzena, War Studies University, Poland Rusman Alimin, Sulawesi Barat – STIE, Indonesia Maciej Wolny, Silesian University of Technology, Poland Ekaterina Kolmakova, South Ural State University (National Research University), Russia Krzysztof Piontek, Wrocław University of Economics and Business, Poland Małgorzata Matyja, Wrocław University of Economics, Poland Margarita Tsibulnikova, Tomsk Polytechnic, Russia Ambar Yoganingrum, Indonesian Institute of Sciences, Indonesia Katarzyna Rozpondek, Czestochowa University of Technology, Poland Owolabi Fadeke, Covenant University, Nigeria Veronika Bikse, Liepaja University, Latvia Iva Gregurec, University of Zagreb, Croatia Omar Bin Musa, Unitar International University, Malaysia Tamara V. Mescheryakova, Siberian State Medical University, Russia Ludmila-Daniela Manea, “Dunarea de Jos” University of Galati, Romania Iveta Kmecová, The Institute of Technology and Business in Ceske Budejovice, Czech Republic Dawuda Alhassan, ASA College, USA Oksana Evseeva, St. Petersburg Peter the Great Polytechnic University, Russia Angela Mottaeva, Moscow Region State University, Russian Federation Mikolaj Klimczak, Wroclaw University of Economics and Business, Poland Toto Giusi Antonia, University of Foggia, Italy Sri Rahayu Hijrah Hati, Universitas Indonesia, Indonesia Katarína Krpálková Krelová, University of Economics Prague, Czech Republic Maryna Pichugina, Igor Sikorsky Kyiv Polytechnic Institute, Ukraine Andreyeva Darya Andreyevna, North-West Institute of Management, branch of the Russian Presidential Academy of National Economy and Public Administration (RANEPA), Russian Federation XI Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Olena Sakovska, Uman National University of Horticulture, Ukraine Elvira Pacheco Vieira, Instituto Superior de Administração e Gestão, Portugal Sofia Kalyazina, SPBPU, Russia Osibanjo Omotayo Adewale, Covenant University, Nigeria Halyna Mishchuk, National University of Water and Environmental Engineering, Rivne, Ukraine Kudryavtseva Tatiana, Peter the Great St. Petersburg Polytechnic University, Russian Federation Lent Bogdan, Poznan University of Technology, Poland Marcin Butlewski, Poznan University of Technology, Poland Anna Zarkada, Athens University of Economics and Business, Greece Vlad Ionela Mituko, USAMV of Bucharest, Romania Wasim Abbas, Harbin Institute of Technology, China Irina Prosvirina, South Ural State University, Russia Jan Strohmandl, Tomas Bata University in Zlín, Czech Republic Aleksei M. Gintciak, Peter the Great St. Petersburg Polytechnic University, Russian Federation Anna Zvereva, The Russian Presidential Academy of National Economy and Public Administration, Russia Marcuta Alina, University of Agronomic Sciences and Veterinary Medicine of Bucharest, Romania Agnieszka Bieńkowska, Wrocław University of Science and Technology, Poland Agata Mesjasz-Lech, Czestochowa University of Technology, Poland Małgorzata Idasiak, Częstochowa University of Technology, Poland David Ullrich, University of Defence, Czech Republic Dana Corina Deselnicu, University Politehnica of Bucharest, Romania Andrii Galkin, O.M. Beketov University of Urban Economy in Kharkiv, Ukraine Kamil Andrzejewski, Wroclaw University of Economics and Business, Poland Olha ZAIATS, Lviv State University of Internal Affairs, Ukraine Jiri Krupka, University of Pardubice, The Czech Republic Lidia Alexa, “Gheorghe Asachi” Technical University of Iasi, Romania Martina Dragija Kostić, Faculty of Economics and Business, University of Zagreb, Croatia Veit Köppen, Otto-von-Guericke-University, Germany Hayatul Safrah Salleh, Universiti Malaysia Terengganu, Malaysia Oleksii Krainiukov, V. N. Karazin Kharkiv National University, Ukraine Izabela Rącka, State University of Applied Sciences in Kalisz, Poland Guzowska Adrianna, UTP University of Science and Technology, Poland Raghed Ibrahim Esmaeel, Mousl, Iraq Zdeněk Mikulka, University of Defence, Czech Republic Dessy Isfianadewi, Universitas Islam Indonesia, Indonesia Glubokova Nadezhda Yurievna, Plekhanov Russian University of Economics, Russian Federation Simona Cătălina Ștefan, The Bucharest University of Economic Studies, Romania Agata Klaus-Rosinska, Wroclaw University of Science and Technology, Poland Katarzyna Chruzik, WSB University, Poland Ryszard Kozłowski, Pomeranian University, Poland Bruno Miguel Barbosa de Sousa, Polytechnic Institute of Cavado and Ave (IPCA), Portugal Lesia Petkova, Cherkasy State Technological University, Ukraine Gita Radhakrishna, Multimedia University, Malaysia Dmitry Chepakov, St. Petersburg State University of Economics (UNECON), Russia Larisa Ivascu, Politehnica University of Timisoara, Romania Jan Chromy, Institute of Hospitality Management in Prague, Czech Republic Dorota Kwiatkowska-Ciotucha, Wroclaw University of Economics and Business, Poland Ștefan-Mihai Petrea, ,,Dunărea de Jos’’ University of Galați, Romania Petra Kecskés, Széchenyi István University, Hungary Ana Ursu, Research Institute for Agricultural Economics and Rural Development, Romania František Milichovský, Faculty of Business and management, Brno University of Technology, CZE Claudia Liliana Serrano Junco, Corporación Universitaria Minuto de Dios, Colombia Afef Ammar Belaid, Institut Supérieur des Etudes Technologiques de Rades, Tunisia Valery M. Abramov, Russian State Hydrometeorological University, Russia XII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Adrian Turek Rahoveanu, UASVM Bucharest, Romania Małgorzata Macuda, Poznań University of Economics and Business, Poland Anna Mayakova, SWSU, Russia Adebanji W. Ayeni, Landmark University, Nigeria Nicoletta Baskiewicz, Czestochowa University of Technology, Poland Joanna Krasodomska, Cracow University of Economics, Poland Damir Kalpić, University of Zagreb, Croatia Estera Piwoni-Krzeszowska, Wroclaw University of Economics and Business, Poland Anna Lemańska-Majdzik, Czestochowa University of Technology, Poland Ana Novak, Faculty of Economics and Business, University of Zagreb, Croatia Olena Sydorovych, Ternopil National Economic University (Ternopil), Ukraine Georgiy Greyz, South Urals State University, Russia Yevgeniya Medvedkinа, Rostov State University of Economics (RINH), Russia Fjodor Ruzic, Institute for Informatics, Croatia Julia Lysenko, South Ural State Humanitarian-Pedagogical University, Russia Hassan Ebhozele Oaikhenan, University of Benin, Benin City, Nigeria Michal Paták, University of Pardubice, Czech Republic Igor Lagutin, Southwest State University (SWSU), Russia Aleksandr Dubovitski, Michurinsk State Agrarian University, Russia Ioana Julieta Josan, University of Bucharest, Romania Elena Gasparovich, UrFU, Russia Azzam Jamil Falah AlRifaee, University of Jordan, Jordan Mikhail Rodionov, Penza State University, Russia Marek Szajt, Częstochowa University of Technology, Poland Claudiu Cicea, Bucharest University of Economic Studies, Romania Elena Mudrova, Peter the Great St. Petersburg Polytechnic University, Russia D. F. Rateb, The American University in Cairo, Egypt Elena Širá, University of Prešov, Slovakia Mohammad Falahat, Universiti Tunku Abdul Rahman (UTAR), Malaysia Urszula Załuska, Wroclaw University of Economics and Business, Poland Jakub Horváth, University of Prešov, Slovakia Martin Petříček, Institute of Hospitality Management, Czech Republic Aurelia Bălan, University of Agronomic Sciences and Veterinary Medicine Bucharest, Romania Elena Y. Prokhina, Lomonosov Moscow State University, Russia Ekaterina Uskova, UrFU, Russia Mariem Gzara, University of Monastir-Higher School of Computer Science and Mathematics, Tunisia Grzegorz Maciejewski, University of Economics in Katowice, Poland Andrii Galkin, O. M. Beketov National University of Urban Economy in Kharkiv, Ukraine Oleksandr Khadartsev, National University “Yury Kondratyuk Poltava Polytechnic”, Ukraine Jarmila Sebestova, Silesian University in Opava, School of Business Administration in Karvina, Czechia Nazar Demchishak, Ivan Franko National University of Lviv, Ukraine Oksana V. Savvina, Plekhanov Russian University of Economics, Russia David Philippov, Plekhanov Russian University of Economics, Russia Natalia A. Serdyukova, Plekhanov Russian University of Economics, Russia Amina Merabet, University of Tlemcen, Algeria Iryna Honcharenko, Cherkasy State Technological University, Ukraine Elena Davydenko, Saint-Petersburg State University, Russia Muhammad Usman, ADSM, UAE Larisa G. Nesterova, South Ural State University (National Research University), Chelyabinsk, Russia Enrique José De La Hoz Dominguez, Universidad Tecnológica de Bolívar, Colombia Sergey Chernogorskiy, Peter the Great St. Petersburg Polytechnic University, Russia Gulden Manarbek, Al-Farabi Kazakh National University, Kazakhstan Elena Rozhdestvenskaia, Tomsk State University, Russia Waldemar Woźniak, University of Zielona Góra, Poland Michal Szyszka, WSB University, Poland XIII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Sandhir Sharma, Chitkara University, India Aniela Raluca Danciu, University: Bucharest University of Economic Studies, Romania Afroze Nazneen, University of Jeddah, KSA Olufemi Adebayo Oladipo, Landmark University, Omu- Aran, Nigeria Katarzyna Piwowar-Sulej, Wroclaw University of Economics and Business, Poland Martha Rodríguez-Villalobos, Universidad de Monterrey, México Valery Maslennikov, Plekhanov Russian Economic University, Russia V. Valentina Șuparschii Bondari, "Dunarea de Jos" University of Galati, Romania Natalya Masyuk, Vladivostok State University of Economics and Service, Russia Svitlana Naumenkova, Taras Shevchenko National University of Kyiv, Ukraine Liana-Eugenia Mester, University of Oradea, Romania Magdalena M. Stuss, Jagiellonian University, Poland Hanen Charni, Effat University, KSA Băcanu Șerban Constanța, "Dunarea de Jos" University, Romania Pedro Neves Rito, Polytechnic Institute of Viseu, Portugal Vladimir Plotnikov, St. Petersburg State University of Economics, Russia Amiruddin Ahamat, Universiti Teknikal Malaysia Melaka, Malaysia Ivonne Gil Osorio, Universidad Libre Seccional Barranquilla, Colombia Abiola John Olarinde, Zakher International Private School, UAE Guru Dhillon, Multimedia University, Malaysia Krzysztof Błoński, University of Szczecin, Poland Joshua Chukwuere, North-West University, South Africa Robert Poskart, Opole University, Poland Elena Shkarupeta, Voronezh State Technical University, Russia Ewa Mazur-Wierzbicka, University of Szczecin, Poland Tatiana Borisovna Turishcheva, Plekhanov Russian University of Economics, Russia Daniela Livia Trasca, The Bucharest University of Economics Studies, Romania Petr Rehacek, VSB-Technical University of Ostrava, Czech Republic Catalin Popescu, Petroleum-Gas University from Ploiesti, Romania Letycja Sołoducho-Pelc, Wroclaw University of Economics and Business, Poland Quyen Phu Thi Phan, University of Danang, Vietnam Igor Jovino Aguilar Alonso, Universidad Nacional Tecnológica de Lima Sur, Peru Elena Glazova, Plekhanov Russian University of Economics, Russia Zhanneta I. Gerzelieva, Plekhanov Russian University of Economics, Russia Peter S. Chumakov, Plekhanov Russian University of Economics, Russia Pavel Kozlov, Plekhanov Russian University of Economics, Russia Roman Dorczak, Jagiellonian University, Poland Eva Benková, University of Prešov in Prešov, Slovakia Katarzyna Szczepańska-Woszczyna, WSB University, Dąbrowa Górnicza, Poland Svetlana Morkovina, Voronezh State University of Forestry and Technologies named after G.F. Morozov, Russia Liudmyla Kliuchko, V.N. Karazin Kharkiv National University, Ukraine Mihail Busu, Bucharest University of Economic Studies, Romania Liudmylа Niemets, V.N. Karazin Kharkiv National University, Ukraine Gregorio Enrique Puello Socarrás, Corporación Universitaria Minuto de Dios, Colombia Nelly A. Sedova, Maritime State University named after G.I. Nevelskoy, Russia Iwona Pisz, Opole University, Poland Ana Azevedo, CEOS.PP / ISCAP / P.PORTO, Portugal Ivana Nekvapilova, University of Defense in Brno, Czech Republic Herdis Herdiansyah, Universitas Indonesia, Indonesia Tatiana Arkadyevna Karandaeva, Mari State University, Russia Iwona Lapunka, Opole University of Technology, Poland Sanda Rašić Jelavić, University of Zagreb, Faculty of Economic and Business, Croatia Ivan A. Darushin, Saint-Petersburg State University, Russia Marta Daroń, Czestochowa University of Technology, Poland XIV Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Nidžara Osmanagić Bedenik, University of Zagreb, Croatia Aleksandr Kozlov, Peter the Great St.Petersburg Polytechnic University, Russia Nina Rizun, Gdansk University of Technology, Poland Dorin Maier, Technical University of Cluj-Napoca, Romania Gál Katalin, Partium Christian University, Romania Ladislav Sojka, Prešov University in Prešov, Slovakia Elena Rytova, Peter the Great Saint-Petersburg Polytechnic University, Russia Zuzana Birknerová, University of Prešov, Slovakia Aleksandra Loginova, Peter the Great St.Petersburg Polytechnic University, Russia Indrani Hazarika, Higher Colleges of Technology; Dubai Women’s Campus, UAE Elena Korchagina, Peter the Great St. Petersburg Polytechnic University, Russia Nini Johana Marín Rodríguez, Universidad de Medellín, Colombia Zygmunt Kruczek, University School of Physical Education, Poland Olga Makarova, Peter the Great St. Petersburg Polytechnic University, Russia Alla Ivashchenko, Kyiv National Economic University named after Vadim Hetman, Ukraine Witold Kowal, Wroclaw University of Economics and Business, Poland Artur Krukowski, University of Life Sciences in Lublin, Poland Jacek Karwowski, Wroclaw University of Economics and Business, Poland Anna Zgrzywa-Ziemak, Wrocław University of Science and Technology, Poland Ioana Cristina Florescu, Institute of National Economy – Romanian Academy, Romania Dare Ojo Omonjo, Olabisi Onabanjo University, Nigeria Jolana Fedorková, University of Defence, Czech Republic Izabela Krawczyk-Sokołowska, University of Technology in Częstochowa, Faculty of Management, Poland Sanja Broz Tominac, University of Zagreb, Faculty of Economics and Business, Croatia Liviu-Adrian Cotfas, Bucharest University of Economic Studies, Romania Zahira Moreno Freites, Universidad del Norte, Colombia Arkadiusz Januszewski, UTP University of Science and Technology in Bydgoszcz, Poland Łukasz Wróblewski, WSB University, Poland Beata Malik-Kozłowska, University of Economics, Poland Elena Mayorova, Plekhanov Russian University of Economics, Russia Răzvan Mihai Dobrescu, POLITEHNICA University of Bucharest, Romania Nikolina Dečman, Faculty of Economics & Business, University of Zagreb, Croatia Svetlana Kostina, Ural Federal University, Russia Ebe Igbinoba, Covenant University, Nigeria Maria José Dos-Santos, Lisboa – ESCS -IPL and ISCTE-IUL DINÂMIA CET, Portugal Anna Zabłocka-Kluczka, Wrocław University of Technology, Poland Wioleta J. Karna, Jagiellonian University in Cracow, Poland Anna Pawłowska, Warsaw University, Poland Beata Szetela, Rzeszow University of Technology, Poland Ilona Pawełoszek, Częstochowa University of Technology, Poland Ali Saleh Alarussi, Xiamen University Malaysia, Malaysia Suha Fouad Salem, Management and Science University, Malaysia Larisa A. Ismagilova, Ufa State Aviation Technical University, Russia Tatiana Lezina, Saint Petersburg State University, Russia Marta Nowak, Wrocław University of Economics, Poland Vladimír Bolek, University of Economics in Bratislava, Slovakia Ivana Barišić, Faculty of Economics and Business, University of Zagreb, Croatia María Lucelly Urrego Marín, Corporación Universitaria Minuto de Dios, UNIMINUTO, Colombia Anna Lemańska-Majdzi, Czestochowa University of Technology, Poland Ruxandra Ioana Curea-Pitorac, West University of Timisoara, Romania Anna Padlowska, Częstochowa University of Technology, Poland Salomé del Pilar López-Peña, Corporación Universitaria Minuto de Dios, Colombia Andrey Anatolyevich Gordeev, Chuvash State Agricultural Academy, Russia Bogdan Tiganoaia, Politehnica University of Bucharest, Romania XV Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Katarzyna Mizera, WSB University in Wroclaw, Poland Agnieszka Szczudlińska-Kanoś, Jagiellonian University in Cracow, Poland Agnieszka Gawlik, Wroclaw School of Banking, Poland Katarzyna Liczmańska-Kopcewicz, Nicolaus Copernicus University in Torun, Poland Mariusz Urbański, Czestochowa University of Technology, Poland Agnieszka Knap-Stefaniuk, Jesuit University Ignatianum in Krakow, Poland Marcin Lis, WSB University, Poland Joanna Nowakowska-Grunt, Czestochowa University of Technology, Poland Janusz Sasak, Jagiellonian University in Cracow, Poland Jan Zukovskis, Vytautas Magnus University (VMU), Lithuania Magdalena Klimczuk-Kochańska, University of Warsaw, Poland Paula Bajdor, Czestochowa University of Technology, Poland Paula Pypłacz, Czestochowa University of Technology, Poland Magdalena Marczewska, University of Warsaw, Poland Agata Sudolska, Nicolaus Copernicus University in Toruń, Poland Paweł Kobis, Czestochowa University of Technology, Poland Nabil Mzoughi, College of Business, Dar Al Uloom, KSA Larisa Gennadievna Gordeeva, Chuvash State Agricultural Academy, Russia Băilă Diana-Irinel, University Politehnica of Bucharest, Romania Viviana Meirinhos, Polytechnic Institute of Porto, Portugal Liliana Simionescu, The Bucharest University of Economic Studies, Romania Laura Maria Simescu, "Dunarea de Jos" University of Galati, Romania Lourdes Canós-Darós, Universitat Politècnica de València, Spain Tatyana Shpilina, Russian State Social University, Russia José-Carmelo Rosales-Asensio, Universidad de Las Palmas de Gran Canaria, Spain Olga V. Ruzakova, Ural State University of Economics, Russia Mirosław Matusek, Silesian University of Technology, Poland Natalia Sharapova, Ural State University of Economics, Russia Fayez Ahmad Albadri, Middle East University, Jordan Helena Štimac, Josip Juraj Strossmayer University of Osijek, Croatia Yana Radyukova, Tambov State University named after G.R. Derzhavina, Russia Judyta Kabus, Czestochowa University of Technology, Poland Kristina Afrić Rakitovac, Juraj Dobrila University, Pula, Croatia Corina Cristiana Nastacă, The Bucharest University of Economic Studies, Romania Irena Pandza Bajs, Faculty of Economics and Business Zagreb, Croatia Paul Ciprian Patic, Valahia University of Târgovişte, Romania Małgorzata Markowska, Wrocław University of Economics and Business, Poland Ines Ben Messaoud, Université de Sfax et Université de Gabes, Tunisia Erik Ružić, Juraj Dobrila University of Pula, Croatia Isaiah Oluranti Olurinola, Covenant University, Nigeria Dedi Purwana, Universitas Negeri Jakarta, Indonesia Boris Mucha, Comenius University in Bratislava (Faculty of Management), Slovakia Olga S. Nadezhina, Peter the Great St. Petersburg Polytechnic University, Russia Sergey Ilkevich, Financial University under the Government of the Russian Federation, Russia Marina Ivanova, Peter the Great St. Petersburg Polytechnic University, Russia Ivan Strugar, University of Zagreb, Croatia Elżbieta Sobczak, Wroclaw University of Economics and Business, Poland Radek Soběhart, UJEP – Jan Evangelista Purkyně University in Ústí nad Labem, Czech Republic Cătălina Radu, The Bucharest University of Economic Studies, Romania Adriana Dima, Bucharest University of Economic Studies, Romania Boris Kollár, University of Žilina, FPEDAS, Department of Economics, Slovakia Stepan Chalupa, University of Hradec Kralove, Czech Republic Pavla Říhová, University of West Bohemia in Pilsen, Czech Republic Olivia Fachrunnisa, UNISSULA, Indonesia Grzegorz Warzocha, Wrocław University of Economics, Poland XVI Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Shirley Consuelo Honajzrová Banús, Institute of Hospitality Management in Prague, Czech Republic Mariusz Tomczyk, War Studies University, Poland Grzegorz Michalski, Wroclaw University of Economics, Poland Liudmila A. Guzikova, Peter the Great Saint-Petersburg Polytechnic University, Russia Cristiana Doina Tudor, Bucharest University of Economic Studies, Romania Saqib Saeed, Imam Abdulrahman Bin Faisal University, KSA Andreea Claudia Serban, Bucharest University of Economic Studies, Romania Amal Hayati Ishak, Universiti Teknologi MARA, Malaysia Marcel Kordoš, Alexander Dubček University in Trenčín, Slovakia Gratiela Dana Boca, Technical University of Cluj Napoca, Romania Katarína Rentková, Comenius University in Bratislava, Faculty of Management, Slovakia Leyla Gamidullaeva, Penza State University, Russia Sergej Vojtovič, Alexander Dubček University of Trenčín, Slovakia Milan Douša, Pavol Jozef Šafárik University in Košice, Faculty of Public Administration, Slovakia Abdullah Al-Hamdani, Sultan Qaboos University, Oman Anna Dolinskaia, South Ural State University, Russia Katarina Valaskova, University of Zilina, Slovakia Marie Černá, University of West Bohemia, Czech Republic Rejaul Abedin, Asian European University, UK Nibedita Saha, Tomas Bata University in Zlin, University Institute, Czech Republic Dorota Domalewska, War Studies University, Poland Imran Riaz Malik, IQRA University, Islamabad Campus, Pakistan Maria Kovacova, University of Zilina, Slovakia Doina I. Popescu, Bucharest University of Economic Studies, Romania Igor Klioutchnikov, International Banking Institute, Russia Ivica Linderová, College of Polytechnics Jihlava, Czechia Masyhuri Hamidi, Andalas University, Indonesia Kostjantin Niemets, V.N. Karazin Kharkiv National University, Kharkiv, Ukraine Liudmila Oveshnikova, PLEKHANOV Russian University of Economics, Russia Andreea Mirica, Bucharest University of Economic Studies, Romania Raluca Andreea Popa, Bucharest University of Economic Studies, Romania Alena Oulehlová, University of Defence, Czech Republic Uchechukwu Emena Okorie, Covenant University, Nigeria Miriam Garbárová, University of Žilina, Slovakia Laura Mariana Cismas, West University of Timisoara, Romania Lucie Severová, CULS in Prague, Czech Republic Tatiana Nikitina, SPbGUE, Russia Jolanta Baran, Silesian University of Technology, Poland Gabriela Marchis, Danubius University of Galati, Romania Irina Zaychenko, Peter the Great Saint-Petersburg Polytechnic University, Russia Elena Iadrennikova, Ural Federal University named after the first President of Russia B.N. Yeltsin (UrFU), Russia Igor Mayburov, Ural Federal University, Russia Maher Toukabri, Northern Border University, KSA Raisa Kozhukhіvska, Uman National University of Horticulture, Ukraine Mohammad Ahmad Sumadi, Princess Sumaya University for Technology, Jordan Rossazana Ab Rahim, Universiti Malaysia Sarawak (UNIMAS), Malaysia Valentin Marian Antohi, Dunarea de Jos of Galati, Romania O. Yu. Yermakov, National University of Life and Environmental Sciences of Ukraine, Ukraine Dmitrijs Finaskins, EKA University of Applied Sciences, Latvia Barbara Wasilewska, Opole University of Technology, Poland Nurulhasanah Abdul Rahman, Universiti Sains Malaysia (USM), Malaysia Eugenia Czernyszewicz, University of Life Sciences in Lublin, Poland Natalia Victorova, Peter the Great Saint-Petersburg Polytechnic University, Russia Ravil Akhmadeev, Plekhanov Russian University of Economics, Russia XVII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Ivana Načinović Braje, University of Zagreb, Faculty of Economics & Business, Croatia Irina Y. Shpolianskaya, Rostov State University of Economics, Russia Ricardo De la Hoz Lara, Universidad Libre, Colombia Marius Schönberger, RISEBA University of Applied Sciences, Latvia Manique Cooray, Multimedia University, Malaysia Lenuta Alboaie, Alexandru Ioan Cuza University of Iasi, Romania Ismi Rajiani, Lambung Mangkurat University, Indonesia Magdalena Sobocińska, Wroclaw University of Economics and Business, Poland А. Merkulov, Central Russian Institute of Management, Branch of RANEPA, Russia Gordana Kordić, Faculty of Economics & Business, University of Zagreb, Croatia Anastasiia Dalibozhko, Tomsk State University, Russia Gulnara Sadykhanova, Al-Farabi Kazakh National University, Kazakhstan Katarína Havierniková, Alexander Dubček University of Trenčín, Slovakia Luiza Piersiala, Czestochowa University of Technology, Poland Corina Marinescu, The Bucharest University of Economic Studies, Romania Anna Olszańska, Wroclaw University of Economics and Business, Poland Saltanat Kondybayeva, Al-Farabi KazNU, Kazakhstan Ruxandra Dinulescu, Bucharest University of Economic Studies, Romania Mayowa Gbenga Agboola, Covenant University, Nigeria Iryna Babets, Zaporizhzhya Institute of Economics and Information Technologies, Ukraine Abdellah Yousfi, Mohammed V University, Morocco Olga Lucia Jaramillo Naranjo, Olga Lucia Jaramillo Naranjo, Colombia Inna Babenko, Southwest State University, Russia Dragos Smedescu, University of Agronomic Sciences and Veterinary Medecine of Bucharest, Romania Mihaela Cristina Vlad, Institute for Agriculture Economy and Rural Development, Romania Johnson Ifeanyi Okoh, National Open University of Nigeria, Abuja, Nigeria Elizaveta Gromova, Peter the Great St.Petersburg Polytechnic University, Russia Valeriia Arteeva, Peter the Great St. Petersburg Polytechnic University, Russia Olga Sinenko, Far Eastern Federal University, Russia Elena Lysenko, Ural federal University named after the first President of Russia B.N.Yeltsin, Russia Sanja Franc, Faculty of Economics and Business, University of Zagreb, Croatia Rafał Michalski, Wrocław University of Technology, Poland Krzysztof Krukowski, University of Warmia and Mazury in Olsztyn, Poland Irina Voronova, Riga Technical University, Latvia Elena A. Pavlova, ITMO University, Russia Florea Andrei-Mirel, "Dunarea de Jos" University of Galati, Romania Maria Fekete Farkas, Szent István University, Hungary Hugo González Aguilar, Universidad Autónoma del Perú, Perú Viktoriia Koretskaia-Garmash, Ural Federal University named after the first President of Russia B.N. Yeltsin, Russia Zhansaya Temerbulatova, Al-Farabi Kazakh National University, Kazakhstan Dominika Jagoda-Sobalak, Opole University of Technology, Poland Olga Ivanovna Solodukhina, Southwest State University, Russia Oksana Evgenevna Pirogova, Peter the Great St. Petersburg Polytechnic University, Institute of Industrial Management, Economics and Trade, Russia Silvia Treľová, Comenius University in Bratislava, Faculty of Management, Slovakia Iulian Gole, The Bucharest University of Economic Studies, Romania Tereza Otcenaskova, University of Hradec Kralove, Czech Republic Alicja Sekuła, Gdansk University of Technology, Poland Lukáš Smerek, Matej Bel Univesity in Banská Bystrica, Slovakia N. V. Valebnikova, Peter the Great St.Petersburg Polytechnic University, Russia Liudmila Nikolova, Peter the Great St.Petersburg Politechnic University (SPbPU), Russia Marek Siemiński, University of Warmia and Mazury in Olsztyn, Poland Ludvík Eger, University of West Bohemia, Czech Republic Arkadiusz Kowalski, Wroclaw University of Science and Technology, Poland XVIII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Ramona Orăștean, Lucian Blaga University of Sibiu, Romania Iryna Mihus, KROK University, Ukraine Boris Tušek, University of Zagreb, Faculty of Economics and Business, Croatia Mariana Burcea, University of Agronomic Sciences and Veterinary Medicine of Bucharest, Romania Katarzyna Szymczyk, Czestochowa University of Technology, Poland Mercy Ejovwokeoghene Ogbari, Covenant University, Nigeria Angie Osarieme Igbinoba, Covenant University, Nigeria Sergey I. Shanygin, St Petersburg State University, Russia Vladimirs Šatrevičs, Riga Technical University, Latvia Natalya Yurievna Sopilko, Russia State Social University, Russia E. A. Borkova, Saint Petersburg State University of Economics, Russia Lukas Copus, Comenius University in Bratislava, Slovakia Lev Vlasenko, Zaporizhzhya Institute of Economics and Information Technologies International Economics, Ukraine Klaudia Smoląg, Czestochowa University of Technology, Poland Konstantin Kostin, Saint-Petersburg University of Economics, Russia Yulia A. Dubolazova, Peter the Great St.Petersburg Polytechnic University (SPbPU), Russia Natalia A. Navrotskaia, St. Petersburg State University, Russia Lucia Morosan-Danila, ”Stefan Cel Mare” University of Suceava, Romania Krystian Mączka, WSB University, Poland Nor Fauziana Bt Ibrahim, Multimedia University (MMU), Malaysia Haslindar Ibrahim, Universiti Sains Malaysia, Malaysia Tetyana Calinescu, National Aerospace University “Kharkiv Aviation Institute”, Ukraine Adrian George Moise, Petroleum Gas University of Ploiesti, Romania Aliasuddin, Syiah Kuala University, Indonesia Hishamuddin Mohd Ali, Universiti Teknologi Malaysia, Malaysia Ekaterina Mochalina, PRUE, Russia Ekaterina Golubtsova, Plekhanov Russian University of Economics, Russia Intan Salwani Mohamed, Universiti Teknologi MARA, Malaysia Dorota Bednarska-Olejniczak, Wroclaw University of Economics and Business, Poland Taras Medvedkin, Rostov State University of Economics (RINH), Russia Nikolay V. Gontar, Southern Federal University, Russia Sarina Ismail, Universiti Malaysia Terengganu, Malaysia Mukhamediyev Bulat, Al-Farabi Kazakh National University, Kazakhstan Nataša Šarlija, University of Osijek, Croatia Angheluță Petrică Sorin, Bucharest University of Economic Studies, Romania Syed Ahmed Salman, Lincoln University College, Malaysia Djula Borozan, Joisp Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia Ugochukwu Moses Urim, Covenant University, Nigeria Elsabé Keyser, North-West University, South Africa Vita Zarina, EKA University of Applied Science, Latvia Jarosław Górecki, UTP University of Science and Technology, Poland Stanislav Mitrovic, MSU Lomonosov, Moscow, Russia Alicja Malgorzata Graczyk, Wroclaw University of Economics and Business, Poland Ekaterina Novikova, Plekhanov Russian University of Economics, Russia Sussy Bayona Oré, Universidad Autonóma del Perú, Perú Fadi Shihadeh, Palestine Technical University- Kadoorie, Palestine Anand Thanamit, Peter the Great St.Petersburg Polytechnic University, Russia Marium Mateen Khan, Institute of Business Management (IoBM), Pakistan Peong Kwee Kim, Multimedia University, Malaysia Tengku Adil Tengku Izhar, Universiti Teknologi MARA (UiTM), Malaysia Marek Vokoun, Jan Evangelista Purkyne University, Czechia Anca Gabriela Ilie, Bucharest University of Economic Studies, Faculty of International Business and Economics, Romania Niki Derlukiewicz, Wroclaw University of Economics and Business, Poland XIX Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Camelia Delcea, Bucharest University of Economic Studies, Romania Olena Berezina, Cherkasy State Technological University, Ukraine Kateryna Sehida, V.N.Karazin Kharkiv National University, Ukraine Elena V. Butsenko, Ural State University of Economics, Russia Natalia Lytneva, Central Russian Institute of management - Branch of Ranepa, Russia Marinela Vrîncianu, Bucharest University of Economic Studies, Romania Sławomir Jankiewicz, WSB University in Poznan, Poland Mohammad Ayub Khan, University of Monterrey, Mexico Muhammad Umair Javaid, Lahore Garrison University, Pakistan Tatiana Guseva, South Ural State University (National Research University), Russia Yuliya Karpovich, PNIPU, Russia Sabrina O. Sihombing, Universitas Pelita Harapan, Indonesia Evgeniya K. Karpunina, Tambov State University, Russia Svetlana Globa, Siberian Federal University, Russia Kamilah Ahmad, UTHM, Malaysia Aw Yoke Cheng, BERJAYA University College, Malaysia Anca Cristina Stanciu, “Ovidius” University of Constanta, Romania Khatijah Omar, Universiti Malaysia Terengganu, Malaysia Irina Lychagina, South Ural State University, Russia Miloš Hitka, Technical University in Zvolen, Slovakia Maria Plakhotnikova, Southwestern State University, Russia Svetlana Borisovna Vereshchak, I. N. Ulyanov Chuvash State University, Russia Gennadiy Sheptalin, South Ural State University, Russia Olga S. Stepchenkova, Saint-Petersburg State University of Economics, Russia Dajana Barbić, Faculty of Economics and Business Zagreb, Croatia Jana Kostalova, University of Pardubice, Czech Republic Lanre Amodu, Covenant University, Nigeria Tatiana Olegovna Dyukina, Saint Petersburg State University, Russia Bogdan Ćwik, Military University of Technology, Poland Liliia Matraeva, RSSU, Moscow, Russia Michał Dziadkiewicz, Czestochowa University of Technology, Poland Gabriela Bucur, Petroleum Gas University of Ploiesti, Romania Katarzyna Kuziak, Wroclaw University of Economics and Business, Poland Ridouane Tachicart, Mohammed Vth University in Rabat, Morocco Agnieszka Komor, University of Life Sciences in Lublin, Poland Tatiana Gileva, USATU, Russia Lajoš Žager, University of Zagreb, Faculty of Economics and Business, Croatia Joanna Radomska, Wroclaw University of Economics, Poland Mateusz Chłąd, Czestochowa University of Technology, Poland Anna Korombel, Czestochowa University of Technology, Poland Silviu Beciu, University of Agronomic Sciences and Veterinary Medicine Bucharest, Romania Karolina Rybicka, Czestochowa University of Technology, Poland Hartini Ahmad, Universiti Utara Malaysia, Malaysia Seisembay Jumambayev, Al-Farabi Kazakh National University, Kazakhstan Ruslan Bazhenov, Sholom-Aleichem Priamursky State University, Russia Iuliana Grecu, Politehnica University of Bucharest, Romania Małgorzata Twarowska-Ratajczak, Maria Curie-Skłodowska University, Poland Irina-Adriana Chiurciu, USAMV Bucharest, Romania Blanka Tundys, University of Szczecin, Poland Wahiba Ben Abdessalem Karaa, High Institute of Management of Tunis, Tunisia Ingars Eriņš, Riga Technical University, Latvia Mirela Ionela Aceleanu, The Bucharest University of Economic Studies, Romania Irina N. Rogova, St. Petersburg State University of Economics, Russia Olga Viktorovna Litvinova, Chuvash State Agricultural Academy, Russia XX Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Kateryna Tiulkina, Odessa State Academy of Civil Engineering and Architecture, Odessa State Environmental University, Ukraine Cătălina Florentina Albu, Bucharest University of Economics Studies, Romania Antea Barišić, University of Zagreb, Faculty of Economics and Business, Croatia Agnieszka Janik, Silesian University of Technology, Poland Nassim Dehouche, Northern Borders University, KSA Woo Kok Hoong, UTAR, Malaysia Natalia Vladimirovna Gryzunova, Plekhanov Russian University of Economics, Russia Yosza Dasril, Universiti Tun Hussein Onn Malaysia, Malaysia Saba Gulzar, IoBM, Pakistan Olga Nikоlaevna Kalacheva, Plekhanov Russian University of Economics, Russia Anca Monica Ardeleanu, University of Bucharest, Romania Marius Bulearca, Center for Industry and Services Economics, Romanian Academy, Bucharest, Romania Rachmadi Agus Triono, Universitas Indonesia, Indonesia Mihaela Munteanu Pila, "Dunarea de Jos" University of Galati, Romania Adam Ryszko, Silesian University of Technology, Poland Iulia-Cristina Stanica, University “Politehnica” Bucharest, Romania Adam Sulich, Wroclaw University of Economics and Business, Poland Mohamed Hussain Thowfeek, South Eastern University of Sri Lanka, Sri Lanka Alexander Kuntsman, Sint Petersburg State University, Russia Tatiana Verevka, Peter the Great St. Petersburg Polytechnic University, Russia Katarina Tomičić-Pupek, University of Zagreb, Faculty of Organization and Informatics, Croatia Larysa Novak-Kalyayeva, National Academy for Public Administration under the President of Ukraine, Ukraine Marta Starostka-Patyk, Czestochowa University of Technology, Poland Larisa Desfonteines, Peter the Great St. Petersburg Polytechnic University, Russia Raden Aswin Rahadi, School of Business and Management, Institut Teknologi Bandung, Indonesia Khairunesa Isa, Universiti Tun Hussein Onn Malaysia, Malaysia Marta Kadłubek, Czestochowa University of Technology, Poland Irina V. Sharf, National Research Tomsk Polytechnic University, Russia Agnieszka Wiśniewska, University of Warsaw, Poland Marina Ryzhkova, National Research Tomsk State University, National Research Tomsk Polytechnic University, Russia Aleksandra Zygmunt, Opole University of Technology, Poland Magdalena Kąkol, Maria Curie Sklodowska University in Lublin, Poland Alexander Obydenov, Financial University, Russia Hrvoje Percevic, Univestity of Zagreb, Faculty of Economics and Business, Croatia Karim Bouzoubaa, Mohammed V de Rabat, Morocco Ewa Sobolewska-Poniedziałek, University of Zielona Gora, Poland Izabela Turek, Czestochowa University of Technology, Poland Felix Sadyrbaev, Daugavpils University, Latvia Ecaterina Daniela Zeca, "Dunarea de Jos" University of Galati, Romania Katarzyna Grzybowska, Poznan University of Technology, Poland Larisa Mihoreanu, Bucharest University of Economic Studies, Romania Agnieszka Malkowska, University of Szczecin, Poland Nataliia Orlova, Kyiv National University of Trade and Economics, Ukraine Victor S. Voronov, St. Petersburg State University of Economics, Russia Oksana Yuldasheva, St. Petersburg State University of Economics (UNECON), Russia Sandeep Kumar, Tecnia Institute of Advanced Studies, Delhi, India Rafailov Mikhail Konstantinovich, Voronezh State Forestry Engineering University Named after G.F. Morozov, Russia Galina Yu. Fedotova, The Russian Presidential Academy of National Economy and Public Administration, Russia Ekaterina V. Orlova, Ufa State Aviation Technical University, Russia Elena Yuricheva, Mari State University, Russia XXI Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Urszula Romaniuk, Opole University of Technology, Poland Alena Fedorova, Ural Federal University, Russia Ionuț Jianu, Bucharest University of Economic Studies, Romania Skhvediani Angi Erastievich, Peter the Great St.Petersburg Polytechnic University, Russia Adina Dornean, Alexandru Ioan Cuza University of Iasi, Romania Diana Panait-Ioncică, Bucharest University of Economic Studies, Romania Maria Ciurea, University of Petrosani, Romania Miroslaw Moroz, Wroclaw University of Economics, Poland Susan Tee Suan Chin, Multimedia University, Malaysia Rafal Kozlowski, The University of Economics in Katowice, Poland Alicja Gębczyńska, WSB University in Wrocław, Poland Rozalia Kicsi, “Ștefan cel Mare” University of Suceava, Romania Sabina Kubiciel-Lodzińska, Opole University of Technology, Poland Maja Grdinić, University of Rijeka, Faculty of Economics and Business, Croatia Magdalena Daszkiewicz, Wroclaw University of Economics, Poland Daria Bieńkowska, Pomeranian Univeristy Słupsk, Pomeranian Center of Human Rights, Gdańsk, Poland Abdoulrahman Aljounaidi, Al-Madinah International University Malaysia (MEDIU), Malaysia Andrzej Skibiński, Czestochowa University of Technology, Poland Janusz Marek Lichtarski, Wrocław University of Economics & Business, Poland Ewelina Zarzycka, University of Lodz, Poland Gertrudis Ziritt Trejo, Universidad del Norte, Colombia Klaudia Przybysz, Wroclaw University of Economic and Business, Poland Tatjana Vasiljeva, RISEBA University of Applied Sciences, Latvia Martina Blašková, University of Žilina, Slovakia Diana Naherniuk, Uman National University of Horticulture, Ukraine Ekaterina Aleshina, Penza State University, Russia Daniela Matušíková, University of Prešov, Slovakia Maria Klevtsova, Southwest State University, Russia Milena Ilić, University Business Academy in Novi Sad, Serbia Maryna Lohvynova, V.N. Karazin Kharkiv National University, Ukraine Ewa Stańczyk-Hugiet, Wroclaw University of Economics and Business, Poland Lina Artemenko, National Technical University of Ukraine “Igor Sikorsky Kyiv Politechnic Institute”, Ukraine Olga Loyko, Tomsk Polytechnic University, Russia Sandra Grabowska, Silesian University of Technology, Poland Inna Novak, Uman National University of Horticulture, Ukraine Tey Lian Seng, University of Malaya, Malaysia Yong Jing Yi, INTI International College Penang, Malaysia Ganna Likhonosova, National Aerospace University «Kharkiv Aviation Institute», Ukraine Olugbemisola W. Samuel, Covenant University, Nigeria Karolina Drela, University of Szczecin, Poland Ilona Bondos, Maria Curie-Sklodowska University, Poland Irena Figurska, Pomeranian University in Slupsk, Poland Karlis Kreslins, Ventspils University of Applied Sciences, Latvia Lidiya Klimenko, Uman National University of Horticulture, Ukraine Oksana Haidai, Uman National University of Horticulture, Ukraine Mahmud Bashiru, Universiti Sains Malaysia, Nigeria Natalia Pokrovskaia, t Petersburg State University, Russia Beata Sofrankova, University of Presov, Faculty of Management, Slovakia Victor Fedorovich Stukash, Omsk States Agriculture University, Russia Valeriy V. Smirnov, Chuvash State University name I.N. Ulyanov, Russia Hishamuddin Bin Ismail, Multimedia University, Melaka Campus, Malaysia Libuše Svobodová, University of Hradec Králové, Czech Republic Bahjat Fakieh, King Abdulaziz University, KSA Fitra Lestari, UIN Sultan Syarif Kasim, Indonesia XXII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Athanasios Podaras, Technical University of Liberec, Czech Republic Maja Mihelja Žaja, Faculty of Economics and Business, University of Zagreb, Croatia Olufunmilayo Tope Afolayan, Covenant University, Ota, Ogun State; The Federal Polytechnic, Ilaro, Ogun State, Nigeria Jaroslaw Olejniczak, Wroclaw University of Economics and Business, Poland Ekhlaque Ahmed, Institute of Business Management, Pakistan Brygida Klemens, Opole University of Technology, Poland Helena Felicitas Kiss, Comenius University, Faculty of Management, Slovakia Beata Ślusarczyk, North-West University, South Africa Olga Zaborovskaya, State Institute of Economics, Finance, Law and Technology, Russia Mário Jorge Dias Lousã, Instituto Superior Politécnico Gaya (ISPGaya), Portugal Nour El Houda Ben Amor, King Saud University, KSA Muntazir Haider, SZABIST, Pakistan Vladimir S. Zharov, Murmansk Arctic State University, Russia Renata Brajer-Marczak, Wroclaw University of Economics, Poland Vladimir Nosov, K.G. Razumovsky Moscow State University of Technologies and Management; Academy of the Investigative Committee of the Russian Federation, Russia Justyna Zygmunt, Opole University of Technology, Poland Balazs Kotosz, IESEG Business School, France Alen Stojanovic, Faculty of Economics & Business, University of Zagreb, Croatia Isabel Cristina Mejia Durango, Fundación Universitaria Minuto de Dios-Uniminuto, Colombia Sylwia Pangsy-Kania, University of Gdańsk, Poland John Fredy Escobar Gómez, Corporación Universitaria Minuto de Dios, Colombia Muhammad Awais Bhatti, King Faisal University, KSA Joanna Zimmer, Wroclaw University of Science and Technology, Poland Yuliia Kovalenko, University of the State Fiscal Service of Ukraine, Ukraine Yuliya Semenova, Russian State Hydrometeorological University, Russia Jelena M. Lukić, Modern Business School, Serbia Ivana Bilić, University of Split, Croatia Katarzyna Kazojć, University of Szczecin, Poland Sebastian Saniuk, University of Zielona Góra, Poland Thomas Kronberger, Comenius University, Slovakia Mabel Birungi Komunda, Makerere University Business School, Uganda Madalina Ecaterina Popescu, The Bucharest University of Economic Studies, Romania Jiří Kaiser, Czech Technical University in Prague, Czech Republic Yulia Y. Finogenova, Plekhanov Russian University of Economics, Russia Monika Hadaś-Dyduch, University of Economics in Katowice, Poland Olena Prokopchuk, Uman National University of Horticulture, Ukraine Kamal Abou El Jaouad, National School of Commerce and Management of Casablanca, Hassan II University, Morocco Imran Ali, King Abdulaziz University, KSA Ismail El Moudden, EVMS-Sentara Healthcare Analytics and Delivery Science Institute, Eastern Virginia Medical School, USA Joanna Macalik, Wroclaw University of Economics and Business, Poland Anna Mempel-Śnieżyk, Wroclaw University of Economics and Business, Poland Ionela-Roxana Glăvan, Bucharest University of Economic Studies, Romania Fazelina Sahul Hamid, Universiti Sains Malaysia, Malaysia Anastasiya Kopytova, Tomsk State Pedagogical University, Russia Eva Lukášková, College of Business and Hotel Management, Czech Republic Kamran Naeem, Harbin Institute of Technology, China Janusz Wielki, Opole University of Technology, Poland Guntamukkala Babu Rao, Assam Agricultural University, India Aneta Sokół, Univeristy of Szczecin, Poland Victoria Viaznikova, Mari State University, Russia Magdalena Kogut-Jaworska, Szczecin Univerity, Poland XXIII Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Oleksandr Shpykuliak, National Scientific Center «Institute of Agrarian Economics», Ukraine Daniela Cristina Momete, Politehnica University of Bucharest, Romania Arkadiusz Piwowar, Wroclaw University of Economics and Business, Poland Katarzyna Grondys, Czestochowa University of Technology, Poland Pavlo Kobylin, V.N. Karazin Kharkiv National University, Ukraine Agnieszka Tłuczak, Opole University, Poland Anna Saniuk, University of Zielona Góra, Poland Katarzyna Twarowska, Maria Curie-Skłodowska University, Poland Jana Mitrikova, University of Prešov, Slovakia Jumadil Saputra, Universiti Malaysia Terengganu, Malaysia Kalubi Rawlings Jerry Mazuba, Peter the Great, St. Petersburg Polytechnic University, Russia Rohail Hassan, Universiti Utara Malaysia (UUM), Malaysia Malgorzata Adamska, Faculty of Economics and Management Opole University of Technology, Poland Galina A. Artemenko, Southern Federal University, Russia Sayed Sayeed Ahmad, Al Ghurair University, Dubai, UAE Shereen Khan, Multimedia University, Malaysia Galina Bannykh, Ural Federal University, Russia Gary I. Lilienthal, Nalsar University of Law, India Anna Sylwia Kowalska, Wroclaw University of Economics and Business, Poland Izabela Sztangret, University of Economics in Katowice, Poland Sebastian Kot, Czestochowa UT, Poland Eva W. L. Lim, UCSI University, Malaysia Agnieszka Stanimir, Wroclaw University of Economics and Business, Poland Poorna Prabhat Sunkara, Andhra Loyola College, India Tetyana Calinescu, National Aerospace University “Kharkiv Aviation Institute”, Ukraine Maran Marimuthu, Universiti Teknologi PETRONAS (UTP), Malaysia Iuliia Efimova, Financial University under the Government of RF, Russia Ruslan Prijadi, Universitas Indonesia, Indonesia Viktorija Šipilova, Daugavpils University, Latvia Evgeny Alekseyevich Ivanov, Chuvash State Agricultural Academy, Russia Chijioke Nwachukwu, Universidad de las Americas Puebla, Mexico Jana Majerova, University of Zilina, Slovakia Suptelo Olha, V. N. Karazin Kharkiv National University, Ukraine Tatapudi Gopikrishna Vasista, In between Jobs (Working on my house modifications), India Monika Sipa, Czestochowa University of Technology, Poland Sreenivasan Jayashree, Multimedia University, Malaysia Nik Hazimah Nik Mat, Universiti Malaysia Terengganu, Malaysia Tamara Iskra Alcántara Concepción, Universidad Nacional Autónoma de México (UNAM), México Ayu Chairina Laksmi, Universitas Islam Indonesia, Indonesia Olga V. Kalinina, Peter the Great St.Petersburg Polytechnic University, Russia Umara Noreen, Prince Sultan University, KSA Anna Nowak, University of Life Sciences in Lublin, Poland Piotr Wittbrodt, Opole University of Technology, Poland Armand Kasztelan, University of Life Sciences in Lublin, Poland Yvonne Lean-Ee Lee, Multimedia University, Malaysia Katarzyna Świerszcz, Military University of Technology in Warsaw, Poland Tatiana Nicolaevna Larina, Orenburg State Agrarian University, Russia Abdul Hadi Bin Zulkafli, Universiti Sains Malaysia, Malaysia Anetta Pukas, Wroclaw University of Economics and Business, Poland Rand Hani Al Dmour, The University of Jordan, Jordan Seethaletchumy Thambiah, Multimedia University, Malaysia Petr Doucek, University of Economics, Prague, Czech Republic Faaza Fakhrunnas, Universitas Islam Indonesia, Indonesia Adam Pawliczek, University of Economics, Prague, Czech Republic Md Taimur Ahad, Eastern University, Bangladesh XXIV Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges Mohd Razilan Abdul Kadir, University Technology MARA, Malaysia Olawole Olanre Fawehinmi, Universiti Malaysia Terengganu, Malaysia Zuliani Dalimunthe, Universitas Indonesia, Indonesia Souhir Amri Amamou, University of Monastir, Tunisia Julian Jakubowski, University of Zielona Góra, Poland Taisija Lazorenko, Igor Sikorsky Kyiv Polytechnic Institute, Ukraine Dumiter Florin Cornel, ”Vasile Goldiș” Western University of Arad, Romania Alaa Salam Jameel, Universiti Tun Hussein Onn Malaysia, Malaysia Menaouer Brahami, National Polytechnic School of Oran - Maurice Audin, Algeria Citra Sukmadilaga, Universitas Padjadjaran, Indonesia Noorhayati Yusof Ali, Universiti Teknologi Mara, Malaysia Wan Abdul Rahim Wan Mohd Isa, Universiti Teknologi MARA, Malaysia Narcisa Roxana Moşteanu, American University of Malta, Malta Farhad Nejadi, University of Malaya (UM), Malaysia Ksenija Dumičić, University of Zagreb, Faculty of Economics, Department of Statistics, Croatia Jolanta Maj, Opole University of Technology, Poland Artemenko Dmitry, Southern Federal University, Russia Liangchuan Wu, National Chung Hsing University, Taiwan Anastasiya A. PESHKOVA, Ural Federal University, Russia Abd Rahman Ahmad, Universiti Tun Hussein Onn Malaysia, Malaysia Camelia-Daniela Hategan, West University of Timisoara, Romania Siti Noorsuriani Maon, Universiti Teknologi MARA, Malaysia Ireneusz Miciuła, University of Szczecin, Poland Patrycja Krawczyk, Czestochowa University of Technology, Poland Ana Aleksić, Faculty of Economics and Business, University of Zagreb, Croatia Tan Choo Peng, Multimedia University, Malaysia Sanaa Nazami Maswadeh, Middle East University, Jordan Johnson Adewale Akomolafe, Ogun State Institute of Technology, Igbesa, Ogun State, Nigeria Victoria Malitskaya, Plekhanov Russian University of Economics, Russia Bashar H. Malkawi, University of Sharjah, UAE Iffat Batool Naqvi, Mehran University of Engineering and Technology, Pakistan Disclaimer: The abstracts and papers included in these Conference Proceedings remain the work of the authors and represent their own research / opinion. IBIMA staff have had only non-editorial intervention. It is IBIMA policy to make reasonable effort to send complete papers to two members of the program committee for full blind peer review and to send a summary of review back to the author(s) Copyright @ 2020 International Business Information Management Association (IBIMA) Individual authors retain copyright on their authored papers. Please contact authors directly for reprint permission XXV

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