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The 7th International Conference Innovation Management, Entrepreneurship and Sustainability (IMES 2019) took place on May 30 – 31, 2019 at the University of Economics, Prague. The conference was organised by the Department of Entrepreneurship of the University of Economics, Prague, Czech Republic in cooperation with other partners.Sound keynote speakers – Martina Musteen (San Diego State University, USA), Ilan Alon (University of Agder, Norway), Andrew Burke (Trinity Business School, Ireland), Arnim Wiek (Arizona State University, USA), Søren Salomo (Technical University Berlin, Germany) and Roy Thurik (Erasmus University Rotterdam, Netherlands) discussed the trends in the fields of innovation management, entrepreneurship and sustainability. The conference aimed to achieve academic excellence in a regional context and to establish a platform for mutual collaboration, exchange and dissemination of ideas among researchers and professionals.These conference proceedings contain contributions of the conference participants presented during both days of the conference. Authors of papers come from 22 countries all over the world, namely from Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Colombia, Croatia, Czech Republic, Finland, France, Germany, Hungary, India, Mexico, Paraguay, Poland, Portugal, Russian Federation, Slovakia, Sweden, Switzerland, USA and Vietnam. All these contributions have successfully passed the doubleblind peer-review process.
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This book collects scientific papers and reports presented on the conference ‘The Membership of Bulgaria in the EU: Seven Years Later’ organized by the International Economic Relations and Business Department at University of National and World Economy (UNWE), Sofia, Bulgaria. The conference, held on 3 October 2014, traditionally provided a stage for prominent academics, dedicated PhD students and professionals to discuss contemporary topics related to multiple aspects of the European integration, its effects on the Bulgarian economy, socio-economic environment, international business and relations, finance and politics. The authors in this edition of the book thoroughly reviewed the economy of the Euro area and the EU as it progresses after the latest recession. A Group of authors focuses attention on the banking sector, monetary aspects and inflation, the development in the Economic and monetary union within EU, the Single Supervisory Mechanism and the overall competitiveness and recovery of the European markets. Cross-border partnership with EU neighbours and related instruments, cohesion among the EU member states, experience with the European funds and corresponding public procurement process are another thematic cluster discussed in the book. The researchers increasingly examine subjects related to the energy policy and security, the EU energy policy development and actions in particular. The contributors review matters related to the renewable energy sources, the establishment of the European Energy Union and other institutional and policy developments on supranational level. Another thematic cycle in the book is related to matters concerning the corporate management, business strategy and marketing, new markets expansion and interculturalism. This is intertwined with papers dedicated to the education, human resource involvement and adaptation to the working environment, research and innovation. ‘The Membership of Bulgaria in the EU: Seven Years Later’ is an annually organized academic event with the vision to foster open dialogue, offer contemporary research and exchange of ideas between fellow academics, policy makers, businesses, stakeholders and the public.
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The study presents the results of surveys conducted among entrepreneurs, teachers and students in December 2019 and aimed to measure investment in education to increase the skills and competencies required by the labor market, both students and teachers, the links between faculties and companies differences in perception and communication in the area.
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The study presents the results of focus groups conducted in December 2019 with students, professors of the Technical University „Gheorghe Asachi” in Iasi, but also with entrepreneurs working with them. He measured the satisfactions and dissatisfactions of each group compared to the other two, the needs of professionalism, collaboration, skills and competencies had and requested, entrepreneurial education, future prospects.
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The study presents in-depth interviews with decision makers from the Polytechnic University of Timisoara on the involvement of students in practice, research activities, their support for employment, the relationship with graduate faculties and prospects for the coming years. He points out that the professors went on vocational training courses at prestigious universities only during their doctoral period; that those in charge of the institution have only exceptionally graduated management courses; that students’ internships are different from those in Western universities (short-term, without a mentor to really guide them, with minimal, simplistic, unpaid activities, with little access to valuable information, with little use in their development professional); that the involvement of students in research activities is an exception; that the integration of graduates into the labor market is only formally monitored, without strengthening their subsequent relationship with the university; that the wave of emigration has stopped, followed by that of mobility, of work in several countries; that the Ministry of Education does not have a strategy for the insertion of graduates on the labor market.
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The research was conducted in May 2012 on a sample of 360 people who participated to the end in management training courses and business consulting activities. An additional 15 in-depth interviews were conducted. The study aimed to evaluate the activity of regional consultants of the National Foundation of Young Managers, the activity of the central team of experts and teachers, the usefulness of learned theories, advice and managerial advice received, the quality of teaching materials, relationships with other participants, changes among employers. involvement in the project. A monitoring of the appearances of the information about the Rural Entrepreneur project was carried out in the written and audiovisual press. The study also presents an evaluation from the perspective of the team of experts involved in coordinating the activities.
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𝑆𝑜𝑐𝑖𝑒𝑡𝑎𝑠 𝐶𝑙𝑎𝑠𝑠𝑖𝑐𝑎 is a multilingual collection of papers presented at the international scientific conference that has been organized by the Department of Classical and Eastern Languages and Cultures of St. Cyril and St. Methodius University of Veliko Tarnovo (Bulgaria) since 2002. Until 2015, the conference was held annually. Since 2018, it is held once every two years. St Cyril and St Methodius University Press issues the collection within the Dr. Nicola Piccolo series. The wide range of topics and the opportunity for authors to submit their academic publications in the original language attracts researchers from all over the world.
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This report examines the development of the education sector in Bulgaria, focusing on kindergartens and schools, in the context of the global financial crisis and the COVID-19 pandemic in the period 2007-2024. The main objective is to analyze how these global challenges have affected the education system and the economy. The methods used include theoretical analysis and a comparative approach between different time periods. The theoretical part describes the structure of the sector, the main legislative frameworks regulating its activities, and the main actors. Main attention is paid to the education sector in Stara Zagora and Plovdiv. The empirical analysis presents data on revenues, expenditures, the level of wages and the impact of the financial crises on the sector. The conclusion includes main conclusions and recommendations for future strategies for the development of education.
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The purpose of the paper is to examine the stress tests, key risk indicators and early risk indicators in ProCredit Bank (Bulgaria) EAD. For this purpose, firstly, a general presentation of the bank is made, secondly, the risk management policy in the bank is examined and thirdly, the stress tests, key risk indicators and early risk indicators in the bank are analyzed.
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Poverty and social exclusion are among the most serious issues of the economy and society in Bulgaria and EU. In 2023 more than a fifth of the population (21%) in the EU is at risk of poverty and social exclusion, in Bulgaria reaching 30%. In addition to income, poverty refers to also other deprivations and lack of opportunities, such as access to education and health care, access to assets and resources, limits employment opportunities and results in social isolation and exclusion. Poverty is multidimensional and integrated multidimensional economic models should be used to enable effective activation, participation in the labor market and social inclusion. Adopting appropriate economic and social models can activate and support inclusion of the poorest in the labor market and in society, reducing unemployment. The aim of the work is to present economic models to combat poverty applied in EU, and to give guidance for suitable approaches for Bulgaria.
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The upcoming transition of Bulgaria from the lev to the euro creates significant opportunities and challenges for small and medium enterprises (SMEs), which play a key role in the country’s economy. This change brings both new opportunities and considerable challenges for businesses. On the one hand, the introduction of the euro may improve Bulgarian SMEs' access to European markets and reduce currency risk. On the other hand, businesses may face increased costs and challenges related to inflation and heightened compliance requirements with financial regulations. This report examines the main risks and benefits, as well as recommendations for the successful adaptation of SMEs to the new currency. The report focuses on the specific ways in which this currency change will affect SMEs in Bulgaria, considering economic, financial, and regulatory aspects. This comprehensive assessment of the impact on Bulgarian SMEs aims to provide information for the effective adaptation of businesses to the upcoming transition, while also analyzing how small and medium enterprises can make the most of the new conditions within the Eurozone.
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The report examines how effective communication and strategic communication policies can be utilized as tools to address economic challenges and conflicts. Examples from international practice are analyzed, highlighting the role of transparency, adaptability, and regularity in communication, which are key to fostering trust and social stability.
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The topic of sustainability in relation to the economy is not something new or an issue that has emerged in the last few years. One of the first studies was done by Bowen (1953), and it mainly focused on the social responsibility of managers and their impact on the lives of people in society. Then, various studies appeared in the field of the relationship between sustainability and economic development. The dependence is mainly in line with the legitimacy theory, according to which in order to carry out their activities, companies must ensure that they operate efficiently and respect social boundaries and norms in order to be more profitable and valuable. This study aims to conduct a literature review regarding the impact of environmental, social and governance (ESG) scores on the value and profitability of the firm. The main findings show that the overall combined score of ESG scores positively influences and is significantly related to the value of the firm. Individual social and governance scores have a positive and significant relationship, while the environmental score has no significant relationship with the firm value. The main recommendation provided to the various board members of companies in the EU region is to follow ESG principles and guidelines and hold more cash, as this should significantly increase the value of the company.
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The European Union has recognized modernizing public administration as a key transformative goal for the rapidly changing public governance environment. This report examines the multifaceted challenges of the transformation and its related strategic solutions with a particular focus on Bulgaria. Key issues such as technological hurdles, human resource management, financial constraints, and imperatives of fighting corruption and enhancing transparency are all explored. The analysis focuses on the vital role of the EU legislative frameworks, the Digital Single Market Strategy, and the General Data Protection Regulation to promote these reforms. It also assesses the effect of the latest trends, such as digitalization, participative governance, and sustainability, on public administration. An attempt to offer a route map for effective and enduring modernization is made by suggesting a wide range of legislative, digital infrastructure, and capacity building strategies, which highlight the value of continuous adaptation and stakeholder collaboration in maintaining a system of public administration that is resilient and responsive.
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The 2030 Agenda represents a commitment for sustainable development achievement and poverty eradication for all people worldwide. The object of study in the present work is the socio-economic dimension of sustainable development in the statistical regions of Bulgaria. Southwestern region has the most favorable values of the predominant part of the analyzed indicators. For 56% of these indicators, it has more favorable values than the average for the EU-27. Northwestern region has the most unfavorable values of the indicators for the socioeconomic sustainable development of Bulgaria. A positive change in the values of the majority of the indicators is observed in all regions during the period 2015-2022. The Northeastern region shows such a change in the largest share of its indicators.
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In the last few years, the world has been faced with a series of global problems of a health, economic, social, environmental and other kind of nature. Along with the emergence of the COVID-19 pandemic and its impact on financial and economic systems, certain geographic regions have seen an increase in political tensions, escalating into military conflicts. All this leads to a search for mechanisms to strengthen economic and geopolitical relations between certain groups of countries. The present study is aimed at the analysis of such intergovernmental cooperation as BRICS, the current trends and the future dimensions in financial and economic terms of its eventual expansion (BRICS+).
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