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The article considers questions of applying the dynamic macroeconomic model of economic growth R. Solow for modeling and forecasting the dynamics of gross regional product on the example of the Volga federal district regions. The models were built at current and comparable prices, taking into account (and without taking into account) funds input delay. Multiplicative production functions were considered as a production function taking into account (and without taking into account) scientific and technical progress...

Identifying reserves for development in the manufacturing sector in Russia points to the need to not only strengthen the positions of large enterprises, but to also fully realise the potential of small and medium enterprises (SMEs). In this regard, the purpose of this study was to identify typological groups in Russia’s regions that differ in the level and balance of SMEs’ development in the manufacturing sector. This study was based on data from the Russian Federal State Statistics that reflects the development o...

People employed in an enterprise are its most important resource. They have unique knowledge and skills that they bring to the company thanks to their participation in the production process. These factors combined with predispositions for work, using appropriate methods of motivation, can be a source of competitive advantage for the company. The efficiency and effectiveness of the company's operations depends mainly on the employees of the organization and employed management, as well as the atmosphere at work, r...

The aim of the article is to clarify the relationship between the social capital and the efficiency of the public organizations. The social capital is an important intangible asset. Whether it is properly used, it can contribute to the development of an individual, an organization or the society. The study was conducted in 15 hospitals on a group of 576 respondents. The hospitals’ efficiency was assessed in three areas: 1) The focus on the patients and their needs (ranking method), 2) The evaluation of the offered...

In modern socio-economic conditions the human factor plays a key role in any organization: effective management of human resources determines the market stability of the organization, the success of its functioning, the prospects for strategic development. The problem is urgent not only for the countries of the post-Soviet space, but also for countries with developed market economies. The authors of the article pay attention to the differences in the system of motivation in production enterprises and in the educat...

Working meetings are indispensable events in every company, where employees and business partners have the opportunity to share knowledge and information and also to make important decisions. In the informational society, at the level of multinational companies, which have more conference rooms, it is very important to have an efficient management of them. In most large companies with more meeting rooms, management of their availability is usually based on predefined schedules that can create inefficient situation...

The Enterprise Europe Network (EEN) is a collaborative instrument for developing business/ technological/ research partnerships for entities around the world especially SME’s (Small and Medium sized Enterprises). One of the key factors for business development is innovation. Innovation management can be assessed using specific methods and instruments. One of these methods is the approach developed by the ImP3ove Academy. The ImP3ove methodology is based on an on-line questionnaire which is filled out by the entity...

Personnel training and development is one of the key activities an organization should be concerned about. Providing better quality goods and services to the market, increasing productivity and, eventually, economic success of an organization – all these are only possible due to attracting and retaining the most qualified and efficient employees. Investments in human capital, in the form of personnel training and development, are essential for ensuring implementation of corporate strategic goals. The aim of this p...

The paper focuses on the examination of the relationship between firm size and firm growth for the companies in Slovakia during years 2009 – 2016. The aim of the article is to investigate the validity of Gibrat’s law (Law of proportionate effect), so if the firm growth is a stochastic process resulting from a lot of unobserved random variables and firm growth is independent of the firm size. For measuring company size, it was used three number of employees. This firm size indicator is most often used in studies de...

Purpose: Creativity constitutes a source of formation of internal innovation in companies executing scientific and research projects. Creativity and innovation constitute an integration of various fields and perspectives of perceiving change. The effect of synergy of team work can bring more benefits than searching for innovation outwards. The key questions made in the paper are as follows: is there a dependency between creativity and the source of formation of innovation in enterprises? What are the sources of cr...

The paper deals with one of the most frequently tested relationship within industrial economics literature, namely structure – performance relationship. It is based on the theoretical background of structure – conduct - performance paradigm and review of results of related empirical findings in conditions of selected industries. The analytical part of the paper in applied on the conditions of steel industry primarily focusing on Slovakia. Besides evaluation of trends in steel industry development, the paper provid...

Competent management of innovation processes in European regions is considered as the key to the development of knowledge economy. The effective use of achievements of research and development sector with regard to socio-economic development is actually a central aspect of this process. Both the efficient process of technology transfer and knowledge commercialization constitute an important attribute of the ability to create economic development based on new technologies. Hitherto gained Polish experiences point t...

Informatization changes the world of the contemporary organizations. They seem more and more dependent on its information system infrastructure. On the one hand IT can increase the efficiency of the organization’s management and improve general organizational efficiency, on the other hand it can cause the problems with the security of the information flow or generate risk of key data leak. In that context, IT reliability is considered as one of the critical factor required for modern organization’s efficient and s...

The aim of this paper is to present a realistic solution for the Small and Medium Enterprises (SMEs) despite the financial crisis via innovative management. It is believed that the first “victims” of the debt and financial crisis are the SMEs and for this reason we present the creation of a dynamic “shield” via spin off and university research. A literature review took place to investigate the issue and to prove that the change of the “usual” into innovative management in Small and Medium Enterprises gives direct ...

The paper provides empirical analysis of the relationship between country level innovation performance and foreign direct investment (FDI) flows, namely inward and outward FDI. The increase in the volume of foreign direct investment flows is according to the most influential theories of FDI the important accelerator of the countries´ economic growth and innovation capabilities resulting to increase in international competitiveness. In this light, the object of our interest is to verify the existence and the streng...

Planning local economic development is essential for building, improving and restoring the economic capacity of the region, thereby creating an opportunity to improve the quality of life in the region. In the process of local economic development planning, the public, private and non-governmental sector should be collectively involved, and their joint efforts should be geared towards creating better conditions for regional economic growth, preserving existing and creating new jobs. An important place in the planni...

The article is concerned with one of the basic conditions for successful redevelopment, recovery and operation of brownfields – efficient human resources. Brownfields that want to operate and expand, to perform better than their present competitors and increase their business value have to attract, cultivate and maintain talented employees – they have to pay consideration to talent management. The article is aimed, on the basis of available theoretical information and the existing practical experience, at describi...

Human potential is well known to make the main production force in a globalised modern world. However, in order human potential to become human capital educational system is to set and achieve critically new goals. Current university students will tomorrow be working in new economic reality making managerial decisions in the continuously changing environment with subordinates not always ready to face these changes, meet and work under innovations and possibly having a different mindset. Therefore, not only a parti...

Pursuing certain professions in Poland is associated with certain entitlements, other than the job-specific basic pay. In the case of mining, there is a distinction between underground and surface jobs. These entitlements are referred to as privileges and are unavailable to other professional groups. These include in particular: awards, various bonuses, allowances, and other benefits in kind. They result, to some extent, from centuries-old mining tradition (miners were among the first professional groups to acquir...

One of the most important organizational resources is human resource of that organization, therefore organizations attempt to increase job satisfaction of employees. Employee job satisfaction is an attitude that people have about their jobs and the organizations in which they perform these jobs. Employee job satisfaction is generally recognized as a multifaceted construct that includes employee feelings about a variety of both intrinsic and extrinsic job elements. The result of previous research provide a broad vi...

Background/Purpose- Over recent years, in the Italian scenarios, several routes have been entered to face the lack of complementarity and interaction between public and private bodies. Although, the management dimension of public affairs fields has assumed relevant proportions in both social and economic terms, companies still struggle in considering it as a deserving capacity of their strategies, germinating the absence of a committed task. In this framework, the paper aims to define a theoretical and practical m...

The topic of inbound logistics costs has recently become very actual. Inbound logistics involves a relationship with suppliers and also includes all the activities required for income, physical control and warehouse of inputs. Inbound logistics has become an interdisciplinary science that deals with optimal coordination, alignment, interconnection and optimization of the flow of raw materials, materials, semi-finished products, products and services, but it must not forget the flow of information and finance. The ...

Integration interaction, various forms of integration and its participants are of great interest to Russian and foreign economists, researchers of the sectoral, regional, national and world economy. Integration of industrial enterprises is largely determined by economic and social institutions, adaptation to changes is a key condition for the viability, stability and efficiency of the functioning and development of integration structures in industry. The development of mechanisms for the functioning of industrial ...

The subject of the paper is the training of sales managers. Sales managers represent an important category of employees in terms of meeting company’s goals and achieving the required performance. The paper presents the results of the research carried out on a sample of Slovak companies. The aim of the research was to find out the current situation in the use of the selected methods of sales managers training in Slovak companies and to test statistically significant differences in the use of these methods in terms ...

The article considers the issues of import substitution in the agricultural sector of the Russian economy. The import substitution has a positive effect on the economy of the state, promotes the economic independence from other countries in the world arena and is profitable for the state. To prevent a shortage of certain products on Russian market it is necessary to develop and implement a proper import substitution policy. The import substitution in agricultural sector of Russia will also contribute to the constr...

This study aims to reveal the findings about the validity and reliability of the psychological empowerment scale (PES) developed by [1]. Research data has been collected by applying survey to the health institution professionals. Of the total 12 items in the scale, 3 were excluded from the analysis due to their low factor loadings. Factor analysis results of the remaining 9 items were collected under 2 dimensions. In the confirmatory factor analysis, model test values (p <.05); x2 (88.117), x2 / df (3.421), confir...

The article proposes a methodological approach to forecasting the staffing needs of the innovative economy which makes a provision for creating strategic long-term and mid-term forecasts and their annual adjustment at the operating level. The decomposition by the types of forecasts for such characteristics as level of regulation, purpose, key definitions, methods and approaches, factors, types of information, tools for providing staffing needs at each level has been carried out; the main results are presented. Mod...

In economy based on knowledge, a combination of employees’ skills and experience as well as their engagement in the process of acquiring competences, is not only a factor that shapes the organizational culture but the one which allows for confirming the effectiveness of entrusted tasks’ completion and group work management. Human resources management is an activity which increases both the quality and efficiency of work. It enables increasing the effectiveness of an enterprise and, in consequence, gaining competit...

This paper focuses on answering question: What are the ideal and most important skills and personality traits that project managers need to have. The aim of the paper is to describe the significance of project manager competencies needed in current changing environment. Project manager is key to the success of each project. For this reason, staffing projects with managers who have the right competences is crucial to achieve project goal. The success of project managers is mainly related to abilities and skills tha...

The aim of the paper is to study the impact of e-commerce on the economic growth measured by GDP growth in Bulgaria. A brief summary of the importance of electronic commerce for the development of the economy is prepared. The research is based on the idea that e-commerce stimulates consumption and therefore economic growth. With the help of the statistical analysis of time-series, the change and the relationship between the indicators: capacity of the telecommunication network on the Internet retail sales, as well...

The process of formation of the “shared values” concept as a result of the evolution of the corporate social responsibility concept has been considered in the article. A number of factors underlying the concept of creating shared values are specified. The method of correlation analysis allows us to put forward and prove the hypothesis on the important role of “trust” factor. The procedure and the results of studies of shared values based on trust relationship in one of the companies that is situated in Tomsk city ...

Motivation has been the subject of numerous books on human resources management. However, it is not frequently discussed in the energy sector, and particularly not in the mining industry. The ongoing restructuring processes in the Polish mining industry make it impossible to identify a consistent motivational scheme. The existing programmes, due to the ever-changing operational conditions of mining companies, are maladjusted to employees’ expectations. This article attempts to evaluate the expectations of miners t...

The merger processes in relation to universities have different objectives than processes characteristic of business sectors. One of the key objectives of the university is usually to increase the scientific or didactic effectiveness as a result of the merger. This is connected with the mechanism of "critical mass" and the progressive globalization of the science and higher education sectors. The larger scale of research and didactics resulting from the potential combination should provide better scientific result...

The paper discusses with the issue of the growth of construction activities in the housing construction market and the growth of property prices on the example of the City of Brno following the abolition of regulated rent for rental housing in the Czech Republic. In the Czech Republic, real estate prices have increased several time over the past 25 years, and due to the abolition of state rent regulation, this has led to a decrease in market rents, yet hundreds of thousands of households that have regulated rent p...

The purpose of this article is to outline a generic framework for dealing with acts and facts of corruption within the structures with control responsibilities. We propose, integrating past findings and combining existing approaches, to present a two-way analytical view of the phenomenon of corruption manifested in such structures. Thus, our research has led us to a conceptual model that also aims to integrate empirical knowledge on the vulnerability to corruption of investigating agents and which is able to outli...

In the modern economy, competitiveness is put forward as one of the conditions of economic recovery. In order a sector to be competitive and viable in the long term, and to be successful in its activity, the sector has to ensure competitive production. Production competitiveness is a significant factor determining the sector's development potential. The goal of the research is to evaluate the production competitiveness of Latvian fisheries sector. On the grounds of the author's offered evaluation methodology and g...

The management of commercial companies pays attention to the financial side of the company, but an increase can be observed in the number of organisations which highlight the key values of the organisation, employee satisfaction, values, as there is a link between the organisational culture and the competitiveness of the company. One of the phenomena of the culture of an organisation is that such culture cannot be directly borrowed from other organisations or replicated because it is built up by certain groups of ...

The theme of the paper is the topic of strategic management and the strategic managerial tools used by the managers of the small and medium-sized enterprises of the construction sector. The approach to the topic is conducted through the own international questionnaire survey of managers from Czech Republic and Austria. Thus, we were able to collect the data about the managerial evaluation of several indicators of strategic management in abovementioned enterprises. While the survey was conducted in the time of ongo...

In an entrepreneurial university, not only the system, structure and strategy are of paramount importance, but also the entrepreneurial culture, which is a serious change in the culture that has existed so far at the university [1], [8]. In the non-economic fields of social activity, the expansion of economics and management takes place - not only in the area of higher education. Universities make use of economic logic, solutions developed in the field of management and translate the concepts of education drawn fr...

Currently, information about the safety and quality of consumer goods attracts a lot of attention, but there is a question about consumer confidence in the sources of information, their independence, competence and objectivity. Comparative testing of goods and services is one of the most effective mechanisms for informing consumers about the quality of goods developed in the international and European community. Comparative testing is an independent evaluation of similar goods, but different brands and manufacture...

The article is devoted to the analysis of methods of innovative development evaluation in social and economic systems. The comparative analysis of methods of innovative development evaluation is carried out. The study identified a number of problems in the metrology of innovative development ratings. The analysis revealed a set of identical indicators characterizing this process at the macro, meso and micro levels. Most of these indicators are aimed at the innovative component evaluation in developed countries. Bu...

Paper's aim is to shed a light on theoretical and practical aspects of taken measures by the Russian government on agriculture business optimization in Southern Russia. Moreover, the paper develops methodology as recommendation for the small agriculture business in Russia based on economy theories, previous studies in the area of agriculture business development. This study analyses federal and regional governmental initiatives and programs addressing optimization of small agriculture business in the period of eco...

The purpose of this paper is to study the change in the competitive structure of electronic retailing (e-retailing) compared to traditional trade and to reveal the processes of their mutual influence. The development of two main indicators for assessing the intensity of competition - market growth and concentration is investigated, based on which is compared the dynamics of the competitive structure of e-commerce retail with that of traditional trade. For the purpose of the analysis data from the National Statisti...

An important aspect of the company's operation is its focus on continuous improvement. Importantly, it is not enough to just be aware of the importance of this fact. It is first of all necessary to know what areas of the company's operations should be improved, to what extent changes should be made, which of the available improvement methods will be appropriate and what are the expected benefits from introducing improvement measures. Enterprises implementing improvement actions in various areas of their activity a...

ERP is the acronym of Enterprise Resource Planning, essentially an integrated management of the fundamental processes of a company, and comprises a multitude of factors, such as: hardware, software, personnel, functions, processes, etc. In the last decades, the term ERP has been identified with ERP integrated software systems that enable the integration of all processes and information from a company into a one software platform. The ERP software represents the pillar of any modern company, because its own set of ...

Museums are essential memorial institutions that keep information about the lives of our At the turn of the 20th and 21st centuries, human resources are already a very important part of the factors of production. Apart from land, labor and financial capital, human resources are sum of the unique capabilities of individuals, which can be both inherited and acquired, can be expanded by appropriate investment and lead to the production of goods, both public and private. In today's modern theory, people are less seen ...

The principles of efficiency evaluation of executive bodies’ activity in economic development of a subject in the RF (Russian Federation) are based on integration and synergy of the adopted in the RF principles of strategic planning in the state industrial policy as well as on the principles of efficiency evaluation in specific components of public administration. The paper explores the limitations in employing state regulation tools to solve economic development problems; substantiates the need to create the regi...

In times of tough competition, companies spend more and more time on the positioning of their image in the labour market. One needs to be unique and innovative. A company needs to be able to stand out in the competitive labour market. The situation is, of course, easier if the company is a leader in its sector, but employees are also needed in other companies who have not yet become leaders. The web-based personnel recruitment company is an international company which offers a wide range of opportunities in web-ba...

The article presents the results of the study of prospects and problems of introducing new information and communication technologies into the practice of assessing the quality of medical services in Russia under conditions of the digital economy development. The strategic goals of ensuring the quality of life, set the task for medical organizations to improve the quality of medical services on the basis of objective and reliable data. The current methods of assessment, even with the use of the Internet, cannot en...

The relevance of the study is confirmed by the fact that the development of the domestic metallurgical industry depends on the development trends of the world metallurgy. Iron ore is the main raw material for the production of ferrous metals. Geopolitical processespropose new demands to forms and methods of strategic management in metallurgical industry. The aim of this study is analysis and dynamic development assessment of ferrous metals in different countries of over the world. To achieve this goal the followin...