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Development of innovative entrepreneurship in the Russian Federation is particularly relevant at the moment. At the level of the constituents of the Russian Federation were formed their legal frameworks, which should be the rules of relations in the “state - the business community”. A program to support small innovative entrepreneurship in universities and research organizations was developed. However, if we turn to official Russian statistics, the regions have a sharp contrast from each other based on the res...

Innovation and innovation policies and strategies implementations are one of the most important aspects of current international economics and business development issues. It is the key not only to creating more jobs, building a greener society and improving quality of life, but also to maintaining companies' competitiveness on the global market and states'/economies' competitiveness enhancement within the international economics system. Technology has become internationalized. Technology is a double-edged sword f...

Motivation seems to be one of the most important tools of Human Resource Management. Organizations design motivation systems to encourage employees to perform in the most effective way but also to attract potential candidates. The key to create the efficient motivation system is an answer to the question what really motivates employees. The purpose of this paper is to find which motivation factors are seen as the most important by students considered as future business persons. The aim is to analyze findings in th...

The purpose of this paper is to test to what extent an economic growth can be attributed to the international knowledge spillovers. The knowledge spillover is related to the possible output growth gains from the total factor productivity increase in other countries. Analysis of growth accounting was based on the production function of neo-classical growth model. The augmented production function accounted for the labour, physical and human capital, and also captured the other country†s total factor productivity ...

In tourism, the suppliers/producers are considered, in fact, "sellers of dreams", the consumption of tourism products being seen as consumption of experiences. Being widely recognized by the researchers in the field, the delivery of memorable tourist experiences represents a „must” for organization's success on the increasingly competitive market. Through this paper, the authors aim to highlight the importance and the role of tourism experience analysis in both the design of new tourism products and the contin...

Hierarchical forecasting represents an approach to forecasting which takes account of the possibility of integration of foreseen items into related groups in accordance with chosen aggregation variables. Therefore, it is possible to use it in creation of a system of forecasts on different aggregation levels in the way the created forecasts are in mutual time and material harmony. The thing is that in hierarchical forecasting the final forecasts are created from forecasts on a lower level of aggregation (bottom-up ...

This paper investigates the development of Lithuanian international trade of creative industries. The purpose of the research is to analyze the significance of creative industries in Lithuanian international trade development under existing conditions. Theoretical review of the definition of creative industries, nature, structure and changes of development of Lithuanian international trade are analyzed in this article in order to define the significance of creative industries in development of Lithuanian internati...

The main aim of the paper is to identify the range of regional products on offer in the Czech Republic and in individual regions based on secondary sources of data. Every region in the Czech Republic has its own unique characteristic, stemming from its natural beauties and the culture of its people. The products that come from certain areas also bear part of this character, having been created by the work of local artisans and farmers. The results of primary research will then show the preferences respondents have...

The problems of transformation of complex sources in the Russian regional ethnography are discussed in article. The reasons for the change and the expansion of ethnocultural information corpus in XX-XXI centuries on the example of the Vyatka province / Kirov region are showed. This corpus expanded by ethnography of city, micro-history, mentality studying, ethnoecology, ethnovaleology, application of nanotechnology and aerobiology.

Ethnographic and other historical sources help to reconstruct gender portraits of peasants in Russian province, for example – in Vyatka Region. These portraits are comprised from visual characteristics, costume complexes, living standards, statuses in village association. The question about personal freedom was answered specifically. The models of woman and man communications were important parts in ethnic culture.

The purpose of the article is to investigate how the national intangible resources are evaluated in European Union countries. It was distinguished two perspectives of intangibles research. Value of intangibles gained by applying different methodologies was compared for particular European Union countries. It was identified that results gained using different methodologies are strongly correlated; also it was shown that business sector intangibles constructs small part of intangible capital in a country.

The business environment is constantly changing and becoming more complex and difficult. Enterprises are under pressure, which forces them to react quickly to changing conditions and be innovative in the field in which they work. Such activities require businesses to be more flexible and to take frequent and quick strategic, tactical and operational decisions, some of which are very complex. Receipt of such decisions may require significant amounts of data, information and knowledge. Processing within the required...

Small and medium-sized enterprises (SMEs) are the predominant form of enterprise in the European Union as well as in Romania. Although most research in Corporate Social Responsibility (CSR) focuses on large companies, there are some studies dealing with CSR of small and medium-sized enterprises (SMEs), recognizing that we cannot generalize our understanding of CSR in large organizations and the difficulties in achieving it for SMEs. Both the academic and the corporate sector face uncertainty when defining CSR, whi...

For more than a decade, the liberalisation of the European energy markets has been on the agenda, this liberalisation being highly motivated by expected efficiency improvements. The competitiveness of the European economy and the welfare of its citizens can be enhanced through a more efficient supply of energy. The liberalisation of the energy market should lead to improvements in productivity, a more competitive pricing and greater efforts to support and develop innovation. This paper will provide an overview and...

The paper deals with the issue of data quality for Business Intelligence (BI). The main objective of this paper is to highlight the importance of high quality of data in management and decision-making process and the impact of data quality for successful implementation of Business Intelligence. Authors define the usual problems associated with incorrect data and present the methodology for managing and maintaining data quality in eight steps. Data quality is undoubtedly one of the critical success factors for Busi...

Organizations of the 21st century are facing a business environment characterized by expansion dynamism and dramatic crises hard to imagine decades before. The main resource of the organizations in the present and the next future proves to be, inevitably, the human resource. The paper presents research results revealing the need to focus on the major resource of the company – the human resource, bearer of the knowledge, creativity and power of the company. The most important threats of present economical context...

The global energy landscape will evolve significantly in the coming decades, creating new opportunities for international trade and economic growth. Because few countries have energy and all countries need energy, trade in energy (and especially oil) has been crucial to fulfil global energy needs. There is more trade internationally in oil than in anything else. This article has as its purpose the establishment of the theoretical reasons for the connection that exists between the international trade regime and the...

The degree of openness measured as the share of foreign trade to GDP is one of the factor that significantly determine the development of countries. That is why many authors are interested in openness of the economy and its impact on macroeconomic development of the country from a theoretical and empirical aspect. This paper is therefore dedicated to show different measurement of openness and analyze the relationship of openness of the economy and macroeconomic developments with the help of regression analysis. Nu...

The globalization of economic and social life of the planet has produced fundamental changes in the contemporary society that we are going through. Characterized as society of knowledge, the contemporary era faces needs, expectations and desires that are increasingly varied and complex from the involved parties. Satisfying these needs, expectations and desires depends on how are they highlighted and recognised by society. The present report represents an overview of the way how this situation can be managed becaus...

The role and importance of the independent assessment of standardized information provided by public officers associated with the formation and use of municipal funds to ensure legality, reliability, and compliance with established performance criteria are constantly increasing worldwide. It is this form of financial control meets municipal management concept and allows evaluation of the effectiveness of their activities. Municipal audit can improve the quality of information received by consumers and gives the op...

The purpose of the article is to assess the exchange rate forecasting possibilities with a modified microstructure approach model. In this research, the main model's element order flow is represented by dealer clients' long/short positioning ratio. A regression analysis is done to distinguish whether it is possible to forecast the exchange rates with clients' long/short positioning ratio. Then three investment strategies are composed to compare the effectiveness of the forecasts. A conclusion is made that retail t...

This article discusses the development of educational technologies under the influence of the innovation economy and with assistance of the innovative organizations. Contemporary global trends dictate the need for harmonization of quality training graduates requirements of the knowledge economy. And as the competitiveness and growth of organizations, regions and countries depends on the ability to produce future leaders with the skills and behavior of the entrepreneur acting socially responsible manner, in all con...

A first step in addressing the relation between accounting and taxation is to describe the main traditional accounting models, namely continental accounting model and the Anglo-Saxon accounting model. The Continental model, agreed in our country, stipulates that the state is the one who is the primary user of accounting information and it is subject to the rules while the Anglo-Saxon accounting model takes into account the financial resources of the entities that are procured by the capital market, market responsi...

Area of alternative energy in the world appeared relatively recently and at once attracted considerable attention to itself, from year to year continuing to strengthen its influence and popularity worldwide. However, international experience shows that in spite of all the advances in the field of alternative energy, the share of electricity from renewable sources in the total volume is still relatively small. But if take into account the great financial and technological difficulties of the transition to renewable...

This article discusses the problems of investment in national innovative projects. Prerequisite for the development of economy and building a national innovation system is the high investment activity. Especially that the new economy is based on intellectual resources, high-tech and information technology, which means a new technological level of the entire economy. Nevertheless, most innovative companies are experiencing difficulties in attracting the investments needed to implement innovative projects. The exist...

At the end of the `90s, in the U.S. economy, shortly after the technology stock market bubble bursts, thousands of companies ' balance sheets have been subsequently corrected for accounting irregularities, even for fraud . Not many people were aware that the stock market bubble and accounting scandals may have common roots. The unimaginable destruction due to the credit bubble of the period between 2007-2009 have confirmed this opinion, and placed the accounting scandals of the early years of 2000 in a new light a...

The art of the XXth century was marked by an effervescent creativity in continuous search for its modern means of expression and its stylistic evolution. Great creative personalities brought their contribution to the unprecedented assertion of those cultures by accomplishing syntheses between national folkloric heritage and European music tradition; those syntheses were differently achieved in each culture and by each composer, as they either carried forward certain traditions of the XIXth century or reinforced or...

Graffiti is, by its nature, an agent of architecture and of urban space transformation and can positively interfere on the affective and symbolic aspects of the living space. In the case of a problematic neighbourhood, for which was urgent to find solutions that effectively solved the existing social problems, and the bad image it presented outside, was, among other initiatives, created a street urban art gallery with the organization of an art Festival. The presence of a large number of graffiti pieces clearly pr...

Position of the Roma ethnicity in Slovakia is unsolved problem. Even the communist regime was forced to admit that the Roma problem really existed. It admitted that solving the Roma issue was inadequate. And more Roma population themselves were not interested in solving their specific problems. The existence of specific Roma organization seemed to be beneficial. Such organization would have knowledge of their environment, language, traditions and mental characteristics. Its aim was to engage Roma population in sol...

Starting with the 1980s, the world of flamenco has been witnessing a process of innovation and internal changings. The roots of this process can be practically seen in the new directions flamenco follows. The discussion revolves nowadays around the question, if tradition and flamenco are two concepts that exclude, or rather imply, one another. We aim at answering that question by means of comparison between what can be defined as two distinct styles: classic flamenco and new flamenco.

The evolution of political party systems in the Slovak and Czech Republic is very specific during last 25 years. It is really questionable if it is stabilized right now or if some other changes can be expected as still new parties emerge. The article deals with current position, influence and strength of relevant political parties in the Slovak and Czech republic within the context of the election to the European parliament in May in 2014 and compares the results with the last parliamentary election in both countr...

The highlighting of the importance of melody in education, as an element of connection between the music theory and the other disciplines of the filed, represents the purpose of the present research. Sometimes, students with abilities, give up the musical study, overwhelmed by the universitary programmes' requests. The theme of the research is proposing the simplification of learning the theoretical data, by using the melody. The theoretical disciplines of music -History,Harmony, Polyphony,Folklore , Forms, Orches...

This article aims to highlight two aspects of sound concretization of a convergent spiritual background generated by the symbolism of stained glass window, exposing conceptions, orientations and even writing techniques belonging to composers considered to be very different stylistically. Come into sight since the period of great medieval cathedrals, the stained glass window will transcend the purely visual stage, being symbolically filled by the polysemy of light-colour-sacrality triad. From this perspective, the ...

The research aims to discover the efficiency in understanding the work with elusive message involving literary arts. In the work of the academical didactics, I found some deficiencies about perception of the true musical phenomenon. For this reason I have found it necessary to do a thorough research to discover the causes of deficiencies and remove them. In the investigation the used methods were: conducted audition and compared study. The study was applied to groups of students differentiated by education level a...

With the publication, in 1975, of Les objects fractals: Forme hasard et dimension, Benoit Mandelbrot created the foundations of a new geometry that, since then, plays a crucial role in the description of natural and irregular shapes. Free from the strict understanding of form and space, as defined by its Cartesian dimensions, or strictly based on Euclid's postulates and common notions, this new geometry provides new languages, new concepts, new techniques and new instruments of reflection. Through the design of sp...

The concept of virtual currency started to be used mainly in 2008 when Bitcoin was introduced and has since gained traction with merchants around the world. This sort of currency has no central issuing authority, and uses a public ledger to verify transactions while preserving users' anonymity. This paper analyzes its positive and negative effects and focuses on development of selected virtual currencies like Bitcoin and Litecoin. It also tries to predict the future development of Bitcoin and compare it to other c...