We kindly inform you that, as long as the subject affiliation of our 300.000+ articles is in progress, you might get unsufficient or no results on your third level or second level search. In this case, please broaden your search criteria.
On analysing the security environment, one of the main indicators of its evolution is the economical one. A state with a big economic power can afford to sustain a strong army, to sign advantageous alliances, to maintain a high living standard, to secure its borders.
More...
The COVID-19 pandemic is an unprecedented challenge, with very severe socio-economic consequences. We are committed to doing everything necessary to meet this challenge in a spirit of solidarity (Buck, Arnold, Chazan, Cookson, 2020). A coordinated and comprehensive strategy is needed to address urgent health needs, support economic activity and prepare the ground for recovery. This strategy should combine short, medium and long-term initiatives, taking into account the spreads and links between our economies and the need to maintain confidence and stability. Several measures have already been taken at national and EU level, as set out in the Eurogroup statement, in an inclusive format from 16 March. Medium-term and longer-term planning is needed for how the economy is rebalanced and revived following this crisis. A comprehensive socio-economic development plan, including sectoral sectoral plans and an ecosystem that encourages entrepreneurship so that those with strong and sustainable business models can flourish. Governments and financial institutions need to constantly reassess the situation and ensure that things do not get out of hand (Marek, 2020).
More...
Organizational culture is a topic that has received a great deal of attention in the scientific literature. All the influences that an organization is exposed to over the course of its lifetime, whether coming from the outside or from the inside, also reflect on its culture, exposing it to minor or major changes.The primary goal of this research paper is to determine the character of dominant models of organizational culture in the tourism and hospitality sector of Montenegro, as well as the dynamics of changes in organizational culture in the considered research period.Research Methods: A random sample was used for research purposes. When it comes to the research techniques we used a survey technique, and within the aforementioned technique we used a survey questionnaire, more precisely modified Cameron’s and Quinn’s questionnaire (OCAI) for the diagnosis of organizational culture. The questionnaire was modified to obtain information on cultural changes that have occurred in the past.The results of the research indicate that the largest number of hotel and catering companies in Montenegro had the organizational culture of the clan 5 years ago, while the current situation shows that the present organizational culture in the hotel and catering companies in Montenegro is a culture of hierarchy.We believe that the results of this research will provide the basis for understanding different types of organizational culture in hotel and catering companies in Montenegro, which will contribute to the creation of knowledge that can be used by managers of tourism companies in Montenegro and thus achieve a competitive advantage and better business performance.
More...
The article focuses on identifying priority areas for greening and sustainable development for OECD countries and Ukraine. They aim to achieve overall progress in the interaction between the economy and the environment. Additionally, the aim is to create prerequisites for encouraging innovation and investment to find new sources of economic growth that are compatible with ecosystems that are capable of recovering from damage. It has been demonstrated that although the global goals of greening economies are relevant for all countries, they must be tailored to the regional and national specificities, as well as each country’s level of economic development. The study used general qualitative and quantitative methods of economic research, including systematic, comparative analysis, methods of logical and statistical analysis, and index method, among others. The applied theoretical and methodological approach allowed us to identify general trends in the development of environmental factors in the OECD countries and Ukraine and their impact on economic growth. Specifically, the study analyzes the current state of affairs and perspectives for greening and sustainable development based on a comprehensive assessment of the level of greening in these economies and the relationship between the internal ecological environment – assessed using the indicators of “green growth” – and their economic development. The article also justifies priorities for greening and sustainable development and suggests practical measures for their implementation. They can serve as a basis for developing a policy of effective environmental management and elaborating a national system of environmentally friendly management and administration.
More...
The article attempts to develop a methodology for a comparative assessment of the economic efficiency of banks, including traditional and Islamic banking models. The assessment shows that the stability of financial institutions in Azerbaijan is lower compared to banks where Islamic banking is used. The assessment also shows that there is a strong dependence of the GDP growth rate on the sub-indices of the effectiveness of financial institutions in Azerbaijan, Turkey, and Iran. The methodology of linear regression and a composite index of the economic efficiency of banks are applied. The assessment shows that the influence of the stability of the financial system on economic growth in Azerbaijan, Iran, and Turkey is different. The economic growth rate and the ratio of bank loans to bank deposits in Azerbaijan and Turkey are positively related, but negatively in Iran.
More...
Intensifying competition and increasing market demands are forcing many third-party apartment management firms to re-evaluate their approach to business development and client prospecting. In some instances, these companies are becoming more selective about both the assignments they take on and the property owners with whom they work. Careful consideration is frequently given to a number of factors to determine if new business opportunities are a good strategic fit. This paper examines how sophisticated fee management firms make such determinations by examining the perspectives of executives representing 25 of the largest multifamily operators in the United States. The results indicate heavy reliance on relational approaches to business development, limited long-range planning, and informal channels of communication often encourage fee managers to pursue new business in an ad hoc manner despite market conditions favouring more systematic behaviour. A series of best practices are put forth to address these concerns.
More...
This paper describes the operational and technical requirements for a high quality public transport system in the country of Liechtenstein and is based on a study conducted by the Institute for Transport Planning and Systems (IVT) at the ETH Zurich. In this case study, a new public transport system (NPT) is defined as a new guideway transport system introduced in a region where this system does not exist yet. Often there are forms of a new technology, for instance, an automated people mover or a modern tramway. Some of the surveyed NPTs are not introduced in many places. The Liechtenstein case study made it possible to analyze, why these systems have not been successful than expected and what is the most appropriate way to introduce a NPT in this country.
More...
Startup companies are expected to become the new engines of economic growth through the rise of new innovation-based entrepreneurs. The Penta Helix framework is widely used as a framework to analyse factors related to the development of innovation-based companies. The use of the Penta Helix framework as the unit of analysis is considered to be relevant because this framework offers a comprehensive perspective and is in line with the economic development innovation and knowledge-based startups. However, there is a lack of research that has been conducted that analyse the nature of support that can be given to startups at their early-stage of creation using the Penta Helix framework that consists of five stakeholders namely Academicians, Businessmen, Government, Communities. This study aims to propose a conceptual model about the nature of support needed by startups in order to survive in their initial stages by using the Penta Helix Framework. This study is a qualitative one using the Focus Group Discussion method, in which participants are made of six early stages technology-based startup founders and CEOs, who were gathered to conduct several discussions regarding the topics. Our results show that obstacles faced by startups include among other: difficulties in obtaining qualified yet affordable workforce in facing existing competitors, difficulties in increasing sales, difficulties in managing product development costs, no adequate support from the government, and ineffective incubation programs. A model that consists of lists of support that startups need, was depict as main contribution from the discussion, named Penta Helix support for startups. This model offers comprehensive practical guide for policy makers to support startups from five perspectives.
More...
The development of a knowledge economy is a key priority for innovative progress and for ensuring the country’s competitiveness through the efficient use of intellectual resources and human capital. Our paper is focused on a necessity to find out the influence of human capital in providing innovative development and the formation of knowledge economy, to develop measures for its formation, accumulation, preservation, reproduction in order to increase national competitiveness at the world market. The foundation of the knowledge economy is productive knowledge and quality education that contribute to the intellectual capital embodiment into productive activities. A detailed analysis of the current state and problems of the education and science spheres has been carried out, international ratings have been analyzed and the place of Ukraine in them is determined in the article. An estimation of financial losses of the economy in connection with the outflow of students to study abroad is hold in the article. By using the trend modeling method we propose to estimate the effect of the predicted values of the components of innovation activity on the Global Innovation Index. Results show that Ukraine position in the Global Innovation Index rating will strengthen, which can testify, about the redistribution of financing of the innovation sphere in favor of private institutions and investors. The transition to a knowledge economy involves an understanding of the decisive influence of science, the latest technologies, innovations in the global economy, and enables the resource-oriented countries to leave this status and become a countries of high-tech and high skilled development, based on the transformation of knowledge into a source of value and the driving force of economic progress.
More...
The role of small and medium enterprises (SMEs) is very important in every European country. At the same time, there are numerous barriers that limit SME possibilities to grow. The variety of these barriers is rather big, and the number of offered solutions is also large. This article concentrates just on one of them: use of professional assistance of business consultants. This is critically important in transition economies, where traditions of using services of business consultants are very limited. The article analyses how use of various consulting services influenced SMEs’ growth in terms of their sales and number of employees. This analysis allows indicating types of business consulting services that influenced growth of enterprises more than others. In some instances, differences between decisions of small (up to 50 employees) and medium (50-249 employees) companies are observed and analysed. The research is performed on the basis of a survey that was carried out for a long period of time, and included more than 300 Lithuanian companies.
More...
The article indicates the problem of incompatibility of nominal and real indexes of industries development. Calculations of derived indicators are presented and the correlation of the dynamics, the country comparison of industry development is performed. The factors of influence on the level of the dynamic development of the industry are distinguished. The conclusions regarding the recommendations to improve the effectiveness of management of industrial business entities are made.
More...
Nowadays, the world’s competitiveness of the national economy depends on systematic innovative development of all branches of economic activity. Therefore, it is advisable to combine all kinds of scientific, technical and innovative growth into the system of innovative activity. It is also important to single out the potential of innovative activity. The article analyzes the systems of different views on innovations and innovative potential, which are represented in research papers of foreign and native authors. Such analysis gives the possibility to identify the theoretical approaches to the nature and essence of innovative potential. The tendencies of innovative activity in Ukraine are considered, the indicators of the potential of innovative activity of the national economy are analyzed. The predictions about the further changes of the innovative activity potential are made. At the end of the research, the conclusions to stimulate the potential of innovative activity of Ukrainian economy are made.
More...
The article describes the brand of territory as a factor of the region competitiveness. The examples of territory brands from the world and Russian practice are analyzed. The possible options for the brand for Penza region are proposed.
More...
World practice of economic management has proved that the best indicator of competitiveness is achieved by that economic system, the economic units of which timely and adequately update the resource and technical base, thus achieving higher financial and economic indicators. Ensuring that sustainable development becomes possible due to the transfer of technological innovations, namely the diffusion from the developer to the customer on both commercial and free of charge basis. The article focuses on functioning of technology transfer at the macro level, namely the creation of its domestic models.
More...
This study examined the effect of socio-economic attributes of residents on housing satisfaction in the Bauchi metropolis to reveal ways to improve households’ housing situation in the Bauchi metropolis. The study adopted a quantitative approach. The questionnaire was designed and administered to 380 House Hold Heads with 258 retrieved. Households were surveyed employing stratified random sampling to generate data on the households’ socio-economic attributes and housing satisfaction. Data collected were subjected to descriptive statistics (Mean score and frequency table) and multiple regression through the use of SPSS to examine the effect of variables. The study revealed that most households have means of earning income and that household size is large. Households in the low-density area have moderate satisfaction with their housing condition. The study demonstrated a significant effect of socio-economic attributes on housing conditions and satisfaction in the study area. As a matter of urgency, it was recommended that the government provide the lacking social amenities, renovate the deteriorating ones, and enforce development control standards.
More...
This paper aims to highlight the role of mutual assistance of China and Pakistan’s regional connectivity through the China‑Pakistan Economic Corridor (CPEC) and show what lessons can be learned by Central and Eastern European Countries (CEECs). CPEC promotes trade, FDI, peace, and sustainable socio‑economic development, and it can help to alleviate the effects of COVID–19 in the region to promote socio‑economic development. In this study, we employed the Rolling Window Approach (Rolling Moving Average Approach) for data analysis of pre‑ and post‑COVID–19. It also focuses on before and after the CPEC initiative’s impact on the Pakistani economy through the Rolling Window Approach and graphical trends. In Pakistan, thanks to CPEC; trade, FDI, remittance, and the stock exchange (PSX) showed an upward shift. Terrorism decreased, which indicates a positive sign for peace and socio‑economic development. However, currency depreciation increased, and the exchange rate trend is going up against the dollar, hurting the economy badly in several ways, such as the balance of payment, current account deficit, and lower some exports. To mitigate these issues, Pakistan and China have taken steps as trade formulated in domestic currency between China and Pakistan. During COVID–19, the provision of health care equipment on a priority basis from China helped to combat the COVID–19 effects and stabilize Pakistan’s Economy. CPEC is structured to connect regional economic zones by forming local, regional, and global value chains. To cope with the COVID–19 impacts, socio‑economic reforms and regional cooperation are suggested for CEECs with a pre‑post circumstances review. Regional integration and cooperation are key to coping with this pandemic. CEECs can learn lessons from CPEC for socio‑economic development, reducing violence, and improving the economy.
More...
This work had two goals. The first was to show the migration of the people from Krivi Put during the 20th century and the second was to discover today’s relationship between the emigrants and their ancestors with the local community of Krivi Put. The best day to research this is the holiday of the Our Lady of the Snow in Krivi Put when all of them gather there. The stories about the migrations of the inhabitants are related to the 20th century. These stories are different to the stories about the arrivals of the emigrants from Krivi Put to the celebration of Our Lady of the Snow with the emphasis on 2004. In the article are presented the different forms of migrations abroad (transcontinental, to the west of Europe, neighbouring countries), and migration within Croatia (mostly to Slavonia and to closer urban centres). The author researched the factors about migrations, whether they were temporary, permanent, seasonal, wandering, continuous…. and to understand the factors of suppression and attraction (‘push’ and ‘pull’ factors). The main reason of the migration of the people from Krivi Put was economic stagnation in the agriculture, urbanisation, non-existing infrastructure and communications with close urban centres. The author also presents the temporary returns home of those who left the local community or their permanent return. She also intended to know about the relationships between emigrants and their ancestors with their relatives in Krivi Put. Only a very few emigrated people from Krivi Put returned to there to live and most of them only live there during the summer. Large numbers of them who live in Croatia today build houses on the coast in the larger urban-tourist centres such as Senj, Crkivenica, Novi Vinodolski. They all gather in Krivi Put for the celebration of Our Lady of the Snow.
More...
The article presents the role of family farms in the development of rural areas in Poland. The analysis has shown that Poland is an excellent example of how a comprehensive rural development policy can lead to a successful modernisation of agriculture. The study of the stages of the formation and current state of family farming in Poland enabled the author to outline key factors of its development. It has been established that a family farm has interre-lated functions: commercial-production, social, environmental, cultural-civilisational, and set-tlement-rural. It has been proven that family farms are a dominant driving force behind rural development and the formation of food and environmental security and socio-economic sta-bility in Poland.The mechanism for managing agricultural development, in line with the European Union’s (EU) Common Agricultural Policy (CAP), is based on the key factors of sustainable rural de-velopment: economic, social, and environmental, which ensure improved farmer welfare and socio-economic stability, environmental protection, and humane treatment of livestock. A con-cept of rural development was proposed, based on the development of family farming, which made it possible to take into account not only the principles of the market mechanism but also to reduce the anthropogenic impact of man on nature and to contribute to the achievement of socio-ecological balance.
More...
The article covers the problem of analytical provision for managing innovation activities within a company, taking into account the interests of stakeholders - this is connected with the possibility of ensuring the competitiveness, assessment of innovation activities and choice of innovation strategy. The purpose of the study is to identify the conditions and trends of innovation activities within companies as well as to develop a methodological approach to the evaluation of their innovation activities on the basis of accounting and analytical data considering the interests of stakeholders. The study of the current state and general trends of innovation activities at enterprises was conducted in a logical sequence as follows: 1) the number of innovatively active enterprises, 2) the share of industrial enterprises among the innovatively active enterprises, 3) the estimation of the amount of financing and the level of expenditures on innovations and 4) strategic priority directions of innovation activities that allowed to identify and analyze barriers to the development of an effective innovation policy. This provided an opportunity to develop the structure of analytical provision for the system of managing innovation activities within a company as a logical chain of strategic results for achieving economic success. However, a number of limitations and risks were identified. The assessment of the impact of innovation on the economic, environmental and social efficiency of a manufacturing production process is argued to be based on systematic and structured accounting and analytical information and reflected in non-financial reporting (in particular, the G4 Sustainability Reporting). In view of this, we consider it advisable to supplement the sustainability reporting with the indicators that characterize the effectiveness of innovation management. The results of the study are relevant and useful for large and medium-sized enterprises in the context of ensuring the implementation of an innovation model of development as well as for conducting applied research in the field of business strategies to ensure sustainable company development.
More...
This article seeks to address the pressing issue of developing the innovative activity of the domestic economy through the use of the potential of small and medium-sized enterprises, which has to do with the possibility of application of existing experience of the more developed foreign countries in order to achieve economic success. The purpose of this study is to examine the trends in the development of innovative activity of small and medium-sized enterprises in Ukraine, as well as to determine the distribution of the total amount of expenditures by areas of innovation. Analysis of the literature on this issue has shown that the economic development of a country depends on many factors, and the use of intellectual potential is quite a significant factor in modern society. The relevance of this issue is supported by the fact that the majority of developed countries that have high levels of national income and are distinguished by the quality of life of the population are introducing the latest innovative inventions and using them appropriately in: production, agriculture, trade and other fields of activity. The research of the development of innovation activity of small and medium-sized enterprises in the article is carried out in the following logical sequence: analysis of small and medium-sized enterprises in Ukraine, analysis of small and medium-sized enterprises of EU countries, evaluation and comparison of innovation activity of Ukraine and EU countries. The methodical tools of the study included methods of statistical analysis. The study period was 2010-2018. The object of analysis is the process of development of innovation activity of small and medium-sized enterprises, as they are the majority of enterprises in Ukraine. The article presents the results of the analysis of the state of innovation the activity of small and medium-sized enterprises, which showed that our country needs significant transformation in this direction. Studies show that increasing the turnover and the production of small and medium-sized enterprises depends on the level of innovative development. The results of the study may be useful for small and medium-sized enterprises.
More...
