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We are interested in several aspects in this research, especially, a new kind of rent - communicational quasi-rent, the conditions of its origin and primary sources. Also in identifying the rent component in the structure of income, distribution mechanisms of rental income in the value chain, the institutions of redistribution of rent income, the definition of subjects assignment quasi-rent. Communicational quasi-rent should be presented as a general system construction, in which she will act as a single system el...

This paperdiscussesthe nature, connotation of the right to learn and itsrelationship with other relevantrightsby thenormativeanalysis, positive analysisand comparativeanalysis. itargues that the right to learn is a fundamental human right,which can be summarized as a personal right toacquire knowledge,to increase human's wisdom and to fully develop their potential through a variety of learning approaches and activities. With the arrival of the era of learning,the notion “right to education” can not meet thedev...

The paper deals with the results of the research realized by the Faculty of Economy, Technical University of Liberec, at the end of 2013. The research explored the impacts of tourism development on the Liberec region residents. Respondents from the traditional areas of the Liberec region described the effects of the tourism development on local economy, especially the family revenues. Positive but also negative impacts of tourism development on respondents were thoroughly examined. At the end of the questionnaire ...

The development of word economy in 90Вґs years of 20th century was facilitated by the development of international trade and its liberalization. Trade, but also foreign investment has stimulated economic growth, particularly, in developing and transition countries. Thus, trade policy began to be very effective instruments in affecting growth of economies. It is liberalization of trade that has shift Visegrad countries (Czech Republic, Hungary, Poland and Slovakia) from transition economies to the group of most dev...

In the complex modern business environment characterized by high level competition, it is essential to approximate and apply correspondingly all competitiveness raising tools, especially the prices. Therefore the aim of this paper is to establish the practical applicability of the modern pricing solutions and system approach in pricing in Latvian enterprises. The present article summarises the topical solutions, mentioned in the literature, that allow for the improvement of pricing process in companies. To reach t...

The palm oil production has experienced rapid growth for recent decades and has the potential to generate significant economic and social development in rural areas of Indonesia. The majority of palm oil production (80%) is situated on Sumatra island. Converting smallholder agriculture into a dynamic sector helps to increase the efficiency of rural economy through demand growth in other sectors. Unfortunately, there are numerous problems and constraints that smallholders face while striving to maximize their poten...

Currently, with the introduction of information technologies and advent of new goods and services, consumer behavior has changed dramatically. In this view, of special interest is research on family as a consumer of goods and services to be used by all family members or individually. This paper examines the influence of individual family members (husband, wife, and child/children) over the stages of purchase decision process. On the basis of the survey data, an investigation directed at identifying the role of eac...

The financial crisis negatively affected the economic growth and performance of the European Union countries. This fact is in general associated with a reduction in household income. Nevertheless, some of the economies experienced an increasing savings rates just in the year 2009. That is the case of Visegrad countries also. The aim of this article is from a macroeconomic perspective to identify main determinants and their impact on savings creation with focusing on period of financial crisis in countries of Viseg...

Authors interpret a category of livability as a combination of social, economic and environmental resources and reserves, ensuring prospects of macroeconomic system sustainable development. Paper provides a number of aggregated indicators, which allow estimating the livability of macroeconomic system. On their basis classifications of analyzed set of objects are constructed, which allows to get qualitative conclusions on comparative livability estimations. Results of comparative estimation of livability of 15 coun...

The paper presents the essential role of creativity in building the knowledge-based economy, organization and management. Firstly, some theoretical views on the subject were summarized. Secondly, some of the results of a research carried out in Romanian universities and companies were presented, the purpose of this being to determine the use of creativity management in economy. Questionnaires were given to three categories of respondents: academics, PhD students and managers. Finally, the results proved that the c...

Quantification of corruption rate in smaller regional areas is still a considerably unexplored territory not only in the Czech Republic but also all over the world. The definition of possible consequences of corruption, eventually their exact quantification is also a sphere which was investigated only at general level of a country in the past and regional extension is still missing in the detailed analysis of corruption. Subnational distinction of a territory in terms of corruption rate could provide a completely ...

The present paper reflects the concept of cross-functional management, with its multiple theoretical and practical approaches. Cross-functionality is an actual issue, many enterprises trying to encourage this organization form in order to support their innovation and development activities. Although the cross-functional management has specific features, many people are identifying it with the project management or with the hierarchical revised management. However, the cross-functional management implies to take in...

International migration belongs to discussed issues within current economic theories and in international economy reflecting growth in migration flows in the EU and around the world. Sharpening income disparities measured by GiniВґs coefficient stemming from the LorenzВґ curve theoretical assumptions are also topical issue. In this paper we try to quantify relatedness between country-pairs income disparities, within countries inequalities and net migration stocks covering 27 member countries of the EU. The paper a...

High energy intensity of Russian economy has been an actual problem for a significant period of time. One can find a great number of domestic and foreign scientific researches, analysing the reasons of the high level of the energy intensity of Russian economy and other countries of the world, singling out the factors, causing them on the level of the country as a whole and on the level of certain enterprises. We can not deny the recent changes in the legislation of the Russian Federation and the approval of variou...

Unpaid work plays an important role in the life of individuals, households and the whole society. In spite of this fact, there has not been any official statistical research conducted in Slovakia concerning unpaid work till now. In 2012, interdisciplinary team of researchers from the Faculty of Economics, Matej Bel University in Banska Bystrica, Slovakia conducted unique original primary research on the unpaid work. The aim of the research was to complete information about the extent, structure and economic and no...

Corporate governance comprises a wide range of areas. This concept describes all the influences that affect the institutional processes, including those of the appointment of auditors or regulators, involved in the organization of production and sale of goods and services (Turnbull, 1997). We will approach the issue of corporate strategy versus corporate governance as a way of organization's efficient resource management. We consider that organizations should adhere to corporate governance concepts, principles, st...

The study in 2012-2013 of the guests of Kemerovo region showed that both Russian and foreign citizens perceive Kemerovo region only as an industrial centre (94%) but non-tourist (6 %). Economically, this opinion is reasonable, because the main investment is in mining operations (42%), transport and communications (15.7%) and manufacture (12.9%). Kemerovo region is especially attractive for the foreign investors interested in the region as a market for the producers of mining equipment. In 2012, \$1.3 billion USD o...

One of the industries of national economy that provides consumers with agricultural commodities for food is agriculture. A significant role in producing crops on farms is played by chosen soil tillage technologies. Practitioners use three kinds of technologies: ploughing, low-till as well as no-till (direct drilling). Choosing the most appropriate technology, farms can optimise their expenses on fuel and equipment, as well as consequently gain higher yields. The present research was conducted on one of largest cro...

The decisive role of tourism service quality is represented by the essential elements of the quality: fairness in the service, promptness, courtesy, kindness to consumers. Travel service strategy should contribute to increasing the company's value system and push the organization to provide above the mediocrity The strategy of travel service must also rely on on the quality of services, to provide consumer value, to be consistent with firm practices and to stimulate the staff creativity. Concretely, this study pre...

Adequate forming of diversified innovative integrated structures is actual, today, for any country that makes its innovative system more efficient. This process accompanied by a significant number of issues of organizational-technical properties, requiring a competent decision. One of them is the problem of creation of information-analytical support of managerial decision-making during implementing integration efforts in the innovation sphere. In a more specific sense, this means working to select the correct “a...

The aim of this study is to develop methodology for assessing the economic potential for the clusters development in the regions and to test it in the Central Black Earth Re-gion of Russia. Four problems were solved: 1) it was determined which elements of economic potential are significant for clusters formation in the regions, 2) a system of performance assessment indicators was developed; 3) the economic potential for indus-trial clustering was analyzed in the Central Black Earth Region of Russia; 4) strength, w...

The paper considers the concept of the information as one of properties of the objective reality when it acts as a weightless means of production in the creation of which only a person takes part, his mind ability to the abstract thinking. The purpose of getting this intellectual product with specified set consumer properties set in advance is achieve-ment maximum use which in applied, qualitatively other kind may be used or trans-ferred to other economic agents for pay. That is, the information is perceived not i...

TargoviЕџte municipality, the capital city of DamboviЕЈa County, lies in the Plain with the same name, at the junction between this plain and the IalomiЕЈa Sub-Carpathians, at the absolute average altitude of 280 m, being crossed by the IalomiЕЈa River on about 18 km. Its first documentary mention dates since 1396. It was the capital city of Wallachia, between 1418 and 1714, and is considered one of the great cultural and civilizational centers of the Romanian Middle Ages. As residence of an impressive number of v...

The article is the result of scientific - research activities focusing on preparation of models for streamlining solutions and forecasting financial risk of business entities. In more detail we have been focused on the processing of in-company risks, but also the impact of the external environment of risks. The aim of this paper is to analyze the impact of selected risks on the performance of the hotel facility with the application of mathematical - statistical methods. To achieve the aim of the article were proce...

EU countries applying for membership in the monetary union have to fulfill so-called convergence criteria known as well as the Maastricht criteria. One of the prerequisites for its completion is also achieving macroeconomic balance, which contributes to the performance of the economy and increase the growth of competitiveness. Slovakia recorded significant real GDP growth for the period of years 2005 - 2008, which contributed to the fulfillment of the convergence criteria and Slovakia's entry into the monetary uni...

The experience economy implies, in tourism marketing, the necessity to adopt a vision according to which the fulfillment of consumer needs can be achieved a mid its desire for individualism, only by means of interaction with all the destination elements relevant for him/her. From this perspective, the activities which can be developed within the tourism product represent direct contact points with the consumer personality, the potential experiential value being rendered by its degree of association with the experi...

Experiences from the development of the world economy in the first decade of the 21st century shows that the economies of many countries were hit by crisis processes that gradually occur with varying intensity in the form of mortgage, financial, economic, but also political, social, debt, as well as moral, systemic crisis and as well as the crisis of civilization. World global crisis was initially perceived as a crisis, which only applies to the USA. Gradually, as the crisis processes were deepening in other count...

It is widely accepted that a high level of scientific, technological and engineering development has become a source of national wealth. As a consequence, authorities in different countries are facing the issue of managing all the components of knowledge transfer. The aim of this study was to define an optimal long-term technological policy. This study performs a comparative analysis of traditions, history, as well as actual similarities and differences between technological polices in Germany and Russia. It is fo...

On 1st May 2014 we commemorate the tenth anniversary of the entry of the CzechRepublic into the European Union (EU). Benefits which the Czech Republic gained thanks to the EU membership are indisputable. The Czech Republic became a member of an important integral group and integrated so into democratic European countries struggling for meeting their common targets – to support peace, democratic values and high-quality life of their inhabitants - life guaranteed by the dynamic and competitive European economy. Th...

Nowadays, seeing the prosperity of people growing and the desire of the public to take social responsibility, there are more and more social enterprises developing, whose purpose of activity is not only making profit but, most importantly, dealing with social problems for the public benefit. The purpose of this study is to examine the experience of social enterprises, to detect problems and to work out propositions for the development social enterprises in Latvia. To reach the aim, a survey and analysis was undert...

When some European country willing to aspire to the membership in the Eurozone, at first it must cover the Maastricht convergence criteria, which are divided into fiscal (government deficit, public debt) and monetary (price stability, exchange rate stability, stability of long-term interest rates). The basic requirements for criteria were settled at the time of their formulation in the Protocol to the Treaty of European Union. There was the requirement to ensure a high degree of sustainable economic convergence. C...

In the current period has been observed that companies that pay attention to the continuous training of its staff and maintaining a career development program better suited to market requirements achieve superior financial and economic performance. Our study aims to measure the growth and learning potential impact on the financial performance of the company, based on a sample selected from the South West Development Region Oltenia –Mehedinti County.

The paper aims characterize the importance of inflation for monetary policy in the euro area and the U.S., to analyze the evolution of inflation in 1999-2012 and define potential risks, which could in the future affect its growth, In this paper we will compare inflation in the euro area and the USA from 1999 to the 2012, and we use correlation analysis to assess the relationship between inflation in the euro area and the USA with selected monetary indicators such as interest rates, exchange rates, monetary aggrega...

SME's growth performance is largely dependent on the quality and level of training of the human factor. Economic activities are conditioned by the existence of financial and material resources, information and the existence of human resources. Increasing productivity performance depends on the activity carried out, equipments, installations, but also on the training level of workforce. Workforce with superior training and the application of modern methods of selection and recruitment have a significant impact on t...

This article discusses methodological issues for evaluating the cultural and historical potential and possibilities of its application in development of the tourist industry in Republic of Tatarstan. Need for study historical and culture heritage explained by its importance in the overall structure of recreation and tourism. He advocates a kind of foundation on which are formed and implemented a variety of tourism activities. The study should be comprehensive, given its multifunctional structure, including natural...

The paper deals with controlling as one of the most important tools (approaches) of corporate management. It lays out possibilities for its interconnection with knowledge management as a crucial management tool of firms active in the knowledge economy and in the so-called knowledge society. Possible relations between controlling and knowledge management and other related management tools are examined and described. Their interconnection with the controlling system of a firm multiples its assets in terms of the syn...

The main purpose of the paper is the justification of modern scientific directions of innovative processes in the field of enhancement of the higher engineering education for forest industries' needs, providing its prestigious positions in the world. Now the value assessment of wood resources is underestimated because of unreal value in use that leads to decrease of the wood income. Growth of the wood income is possible on the basis of the new forestry busyness concept the meaning of which consists in a real estim...

The paper presents technique of fuzzy rated assessment of company's competitiveness. Rating evaluation of companies is a reasonable and practical approach for competitiveness assessment. To calculate the rating can be used not only quantitative indicators of competitiveness but also qualitative indicators. The information about uncertainty of the environment is included in the technique by using methods of the fuzzy sets theory. Quantitative and qualitative factors of competitiveness are selected depending on the ...

The aim of this study is to define the contexts in which wineries work. The paper presents a comparative analysis between two wine districts of Piedmont (Italy), located in the provinces of Cuneo (Langhe), and Asti (Monferrato). Even if these two wine districts differ in terms of territory, history, and traditional wine production, both are attractive in terms of industrial tourism (wine and food sector). Each district has its own “wine routes”: in the province of Cuneo there is the “Strada del Barolo e gran...

The objective of this paper is the issue of transfer of human resource management (HRM) practices in international organizations. The transfer of HRM practices from the home country to the host country is a difficult process affected by various factors caused by the cultural and institutional environment as well as by the characteristics of an international organization and its subsidiaries. The aim of the paper is to provide an analytical view of the transfer of compensation practice utilising data from a study p...

In recent years, the labor market for young people include to most flagrant problem not only in Europe but worldwide as well. The strategy Europe 2020 has different options for solving the problem of low young people employment at the macro level. In our paper, we have strived to contribute to the expansion of a general view of the unemployment in general and employment of men and women aged 15 to 24 years old. We focused on the current unemployment problem, especially for young people in the European area. Based ...

The article describes the importance of ascientific component and the academic reputation in terms of global university ranking .Features of the labor relations between universities and scientific pedagogical workers within contractual contracts of employment.The essence of the effective contract andc

The paper focuses on inventory management in a distribution company, particularly on modeling and optimizing stock level of purchased and sold goods. Inventory theory consists of different optimization models, however, it turned out that their application in specific situations is not simple and needs to be more or less modified. The paper presents new designed inventory optimization model that modifies theoretical models. The goal of the paper is first to present the modified inventory optimizing model and second...

One of the most important expressions of the current structural changes in the developed countries is the growing importance of the tertiary sector (also known as the service sector), which has been recorded primarily over the past twenty years. Currently, the OECD countries produce in services about 70 percent of the added value and the development of this share has continued to have a growing trend [1]. Prosperity of the country as a whole is thus significantly affected by the performance of companies providing ...

The article is devoted to the problem of improvement of methodology for the analysis of urban territories, allowing taking into account economical, environmental and social considerations in their sustainable development. In particular, the authors touch upon the problems of identifying the best alternatives and constraints in the development of strategy of individual urbanized areas or areas of large cities development. The main purpose of the research is algorithmization of the process of formation of input data...

Energy efficiency enhancement is one of the most important courses of works realization that is aimed at the increase of enterprises competitiveness in various industries and fields of activity, which is of particular importance in a globalizing world economy. One of the deterrents, which restrains activities enhancement processes in the field of energy saving and energy efficiency increase, is a relatively low priority problems to be solved compared to the other problems of enterprise development. The paper propo...

Increase in food quality leading to higher customer satisfaction is not a straightforward objective of the firm whenever an increase in quality is related to an increase in costs. The purpose of this paper is to determine whether providing high quality food products generally yields higher profit for the firm than pursuing the opposite, when university students are the consumers. This paper approaches the relationship between customer satisfaction and firm profitability from the perspective of the satisfaction-pro...

This paper investigates the development of Lithuanian intra-industry trade. The purpose of the research is to estimate the changes of Lithuanian intra-industry trade development under existing conditions. Seeking to define the changes of Lithuanian intra-industry trade, the basic methods of intra-industry trade measurement, the changes of intra-industry trade development and the importance of intra-industry trade on the development of trade structure between Lithuania and the EU are analyzed in this article. For m...

Companies from various industries are looking to find the right “formula” towards improving performance and profitability without putting at risk the relationship with their customers. Specialized industries such as golf course sector require a special approach for pricing policies and rate fencing due to high seasonality, capacity constrain and high operational costs. The purpose of the study is to investigate if rate fences can be implemented in the two golf course locations analyzed. Based on the outcome of...

In the article we proposed the definition of the vector of human potential development which connects social orientation of economics, processes of post-industrialization and of globalization. Social orientation represents the main goal of socio-economic development, a way of its achieving is represented by post-industrialization and globalization is a criterion of more effective use of resources. The realization of principles of socially oriented economics promotes a progress of society and of an individual in th...