Academic literature on the topic 'Business enterprises – European Economic Community countries'
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Journal articles on the topic "Business enterprises – European Economic Community countries"
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Puhachova, M. V. "Using International Ranks and Business Activity Indicators for Economic Development Forecasting." Statistics of Ukraine 83, no. 4 (December 17, 2018): 34–43. http://dx.doi.org/10.31767/su.4(83)2018.04.04.
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The majority of countries use several well-known integral indicators for economic forecasting purposes, on which basis these countries’ ranks in the global economic community are computed. Apart from allowing investors to make investment decisions, such indicators and ranks help in forecasting economic development in forthcoming periods. The best known of them is Ease of Doing Business Index and Global Competitiveness Index.
The less known ones are indicators of Business Tendency Surveys (BTS), computed on the basis of data obtained from questionings of enterprise managers in various economic sectors and from studies of consumer sentiments. Yet, specialists tend to use the data from these conjuncture surveys to analyze the current economic situation in a country (total or by industry) and build short-term forecasts.
Apart from the survey indicators depicting quite clearly a situation in the economy, the most popular ones in Europe are Confidence Indicators for enterprises by economic activity, and Economic Sentiment Indicator incorporating the indicators from BTS of enterprises and consumer sentiments. These indicators are computed by the European Commission for EU member countries on monthly basis.
The article shows changes in Doing Business ranks for selected EU member countries and Ukraine. BTS indicators for industrial enterprises (estimate of production capacities; estimate of change in the production orders; estimate of the competitive position of enterprises at the internal market) are analyzed for some of these countries. A comparison of the dynamics of production capacities utilization, business confidence indicators and Doing Business rank is made for Ukraine and Bulgaria. The prognosticating capacities of BTS indicators compared with Doing Business indicator are analyzed.
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Arkhipova, M. Yu, and A. A. Cherviakova. "The Role of Small Manufacturing Enterprises in Innovation Development of the Real Sector of Economy: Economic and Statistical Study." Voprosy statistiki 29, no. 3 (July 6, 2022): 26–45. http://dx.doi.org/10.34023/2313-6383-2022-29-3-26-45.
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The aim of the economic and statistical study presented by the authors is the evaluation of the role of small manufacturing enterprises in innovation development of real sector of Russian economy. Compared to developed countries, Russia is characterized by a relatively low innovative activity of small industrial enterprises, as well as by their smaller contribution to employment and to the increase of living standards of the population. At the same time, small industrial enterprises have the highest potential for innovation growth, especially in high-tech economic activities. The similarity of small enterprises’ definition in Russia and in the European Union, the magnitude of innovative activity of small enterprises in Europe, and the development of instruments to support innovative companies make studying the European experience in stimulating the innovative activity of small enterprises in the real sector of the economy in order to adapt it to domestic practice relevant.The authors reveal the potential areas of innovative activity growth for small manufacturing enterprises on the basis of foreign experience as well as develop recommendations on support for small entrepreneurship in industrial sector. The research is based on Community Innovation Survey (CIS), national reports of European countries on the topic, the federal statistical surveys № 4 and № 2-MP provided by the Federal State Statistics Service.The study revealed key drivers of European small enterprises’ innovative activity: well-developed cooperation with other organizations, substantial investment in R&D, broad coverage of small business enterprises with support measures. Best European practices of small enterprises’ innovative activity and the analysis of the main barriers of Russian small enterprises’ innovative activity allowed to define the promising directions for supporting small business the real sector of economy of Russia: developing modernization programmes for enterprises, extending the access to borrowed financial sources, developing cooperation ties between small business enterprises. The authors highlighted growth points of innovative activity of small manufacturing enterprises that can be taken into account while developing support measures in order to increase small business’ innovative activity, create new jobs and provide population employment.
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Vovk, M. V., O. V. Kindrat, and O. Y. Hrymak. "Management of economic competition in the context of COVID-19: European initiatives and lessons for Ukraine." Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies 24, no. 99 (November 27, 2022): 15–19. http://dx.doi.org/10.32718/nvlvet-e9903.
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Due to the coronavirus epidemic, a large number of changes occurred not only in social life, but also in the economy. These changes and unforeseen circumstances faced by most enterprises should encourage business entities to cooperate and coordinate their activities in order to overcome the consequences of the economic crisis. However, this was not the case in practice. After all, in business conditions with strict quarantine restrictions, enterprises were prone to both fierce competition and forced cooperation. Therefore, it should be stated that in many countries of Europe and the world in general, the pandemic has caused increased involvement of the state in the economy, and therefore a greater intensity of activities to coordinate the behaviour of business entities. This article is designed to reveal the important role of the impact of the COVID-19 pandemic on competition and competitiveness market economies. It further details what kind of changes have taken place in the field of protection of economic competition caused by the COVID-19 pandemic. The question of maintaining a healthy competitive struggle and maintaining one’s positions in the market economy in crisis conditions is revealed. It is noted that the principles of protecting the economy from external competition, ensuring food and economic security have undergone changes. It describes how enterprises cooperated with each other during the pandemic and what consequences this has for the post-Covid economy. It is indicated how important it is not to ignore the process of forming the price policy of enterprises and to carry out an analysis regarding the absence of abuse of market power or actions deliberately coordinated with competitors, or the presence of enterprises in a dominant position on the market. The reaction to the pandemic crisis in Europe on the part of the relevant state structures is shown, and the role of the Antimonopoly Committee of Ukraine in the formation and implementation of competition policy in this crisis period is revealed. European initiatives to overcome the economic crisis caused by the COVID-19 pandemic are characterized, and useful tools for overcoming it for Ukraine are presented.
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Humeniuk, V., Iu Umantsiv, A. Dligach, Н. Іванова, and H. Umantsiv. "STATE FINANCIAL SUPPORT FOR SMALL BUSINESS DURING THE CORONAVIRUS CRISIS IN EUROPEAN COUNTRIES." Financial and credit activity: problems of theory and practice 3, no. 38 (June 30, 2021): 326–32. http://dx.doi.org/10.18371/fcaptp.v3i38.237463.
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Abstract. The aim of the conducted research is elaboration of conceptual statements and formulation of practical recommendations aimed at development of the methodological bases of state financial support for small business. On the basis of the existing theoretical statements, discovery of essential characteristics, peculiarities and systematisation of the obtained results of the research, conceptual approaches to interpretation of the features of state financial support for small business during the coronavirus crisis have been suggested. Small business is an important component of the economic system of any country. It ensures formation of the complex structure of the market for goods and services, development of efficient competition and promotes addressing the needs of consumers in conditions of formation of their sovereignty. State financial support for small business in European countries is at different stages of development. In the EU countries, financial policy of small business regulation is an example of state intervention in the mechanism of market self-regulation in order to solve social and economic problems by changing the economic behaviorur of small enterprises. The formational process, strategic priorities of state financial support for small business in European countries and macroeconomic instruments for its implementation during the coronavirus crisis have been studied. Changes in the concern of the world community in forms of state financial support for small business have been detected. A comparative and analytical examination of the instruments for macroeconomic financial regulation, which are being used during the COVID-19 pandemic in Europe, has been conducted. The research shows the importance of small business in terms of solving economic and social problems of social development, outlines the situation of state financial support in the EU countries in comparison with Ukrainian small enterprises, determines the general features and differences in state regulation of entrepreneurship. The practical significance of the obtained results consists in the fact that the main scientific statements of the article can be used in practice of state and regional management of small business.
Keywords: small business, state regulation, financial support, financial policy, coronavirus crisis.
JEL Classification H12, D21, E61
Formulas: 0; fig.: 2; tabl.: 1; bibl.: 12.
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Dielini, Maryna. "STATE REGULATION OF SOCIAL AND ECONOMIC RESPONSIBILITY OF ENTREPRENEURSHIP: EUROPEAN EXPERIENCE." Economic Analysis, no. 27(4) (2017): 36–43. http://dx.doi.org/10.35774/econa2017.04.036.
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Introduction. The Ukraine’s integration into the European community is impossible without learning the experience of European countries in many spheres. Social responsibility of business becomes a significant element in strengthening the competitiveness of our enterprises and the state in general on the world level. The development of socially responsible practices can influence not only the society, but also business representatives themselves, namely: improving the image of the company, increasing the number of consumers, attracting and retaining more skilled personnel, etc. In Ukraine, the process of development of social responsibility of business circles has already begun, but it is still not enough. The state can play a significant role in the development of social practices. This scientific research is dedicated to the study of the experience of European governments in the sphere of social responsibility. The purpose. The article aims is to determine the directions of the state policy of Ukraine for the development of social and economic responsibility of entrepreneurship on the basis of European countries experience. Results. The basic world models of social responsibility of business have been investigated. The experience of European countries on state regulation in this area has been systematized. On the basis of the conducted research, we have proposed directions of the state policy in the field of regulation of social and economic responsibility of entrepreneurship in Ukraine, namely: drafting a law on social responsibility, introducing changes in tax legislation in the field of preferential taxation, increasing attention to non-financial reporting as a source of information on social company initiatives and the construction of national ratings.
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Czerwonka, Leszek, and Jacek Jaworski. "Capital structure and its determinants in companies originating from two opposite sides of the European Union: Poland and Portugal." Economics and Business Review 8 (22), no. 1 (2022): 24–49. http://dx.doi.org/10.18559/ebr.2022.1.3.
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The aim of the paper is to identify differences in enterprises’ capital structure and its determinants in Poland and Portugal. The research applies statistical methods to the financial data of 22,775 Polish enterprises and 36,625 Portuguese enterprises for the years 2010–2017. The research results show that: (i) despite several years of ongoing economic integration in the EU differences in enterprises’ capital structure in old and new countries of the community still exist, (ii) in Portugal representing the old EU enterprises are more likely to use debt than in Poland being an emerging EU economy, (iii) in Polish enterprises, tangibility, profitability, liquidity and non-debt tax shield exert a negative impact on debt; while growth and size have a positive impact; in Portugal tangibility and a non-debt tax shield show the opposite, (iv) in both countries industry growth decreases indebtedness of enterprises while financial risk results in higher debt; in addition, in Portugal the capital intensity of industry increases the share of debt in capital structure.
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Grzegorzewska, Emila. "The importance of large enterprises for the development of the furniture industry in the selected EU countries." Annals of WULS, Forestry and Wood Technology 109 (March 31, 2020): 116–25. http://dx.doi.org/10.5604/01.3001.0014.3429.
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The importance of large enterprises for the development of the furniture industry in the selected EU countries. In theoretical and empirical research, the role of small and medium-sized enterprises in the economic development of the country is usually explicitly emphasized, highlighting their importance for innovation and competitiveness of the economy. However, despite the small percentage of companies employing over 249 persons in most industries, these enterprises generate a significant value of industrial production and to a large extent create jobs. The main purpose of the research was to assess the importance of large companies for the development of the furniture industry in the selected EU countries. Five European Community countries were selected for the research, which are among the largest furniture manufacturers (Italy, Germany, Poland, Great Britain and France). A comparative analysis was carried out against all Member States of the Community, and the time range of the research covered the years 2010-2017. The analysis shows that overall, the importance of large enterprises for the development of the EU furniture industry has increased, although these trends were varied in analysed countries. The countries selected for the analysis play a significant role in creating value in production and jobs in the EU furniture industry. Enterprises with the highest level of employment are of great importance for the increase in production and the development of the labour market in this industry. These economic entities constituted less than 1% of the total functioning enterprises. The added value per employee in enterprises employing over 249 persons in the EU was clearly higher than the average for business entities in general.
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Gyamfi, Solomon, and Jan Stejskal. "Cooperating for knowledge and innovation performance: the case of selected Central and Eastern European countries." Problems and Perspectives in Management 18, no. 4 (December 11, 2020): 264–74. http://dx.doi.org/10.21511/ppm.18(4).2020.22.
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The open innovation concept thrives on knowledge and information flow; their sources for the current innovation performance of the selected Central and Eastern European (CEE) countries have since triggered research interest. This research aimed to explore the different sources of knowledge and information for innovation and the extent to which these different sources contribute to the innovation performance of small and medium-sized enterprises in some selected CEE countries. The study assesses the influence of different knowledge and information sources and their relationships in SMEs engaged in manufacturing activities for innovation performance in the selected CEE countries using structural equation modeling. Data were sourced from the anonymized European Community Innovation Survey (CIS, 2012). The results show that internal sources of information and knowledge from innovative internal activities highly influence SMEs’ innovation performance in these CEE countries. Additionally, SMEs in the selected countries’ sources of information and knowledge influence firm cooperation arrangements. The result is significant for SMEs and policymakers to ensure fostering information and knowledge sharing and support of creating valuable knowledge for innovation, most importantly, in the aftermath of financial and economic crisis. AcknowledgmentThis work was supported by a grant provided by the scientific research project of the Czech Sciences Foundation Grant No. 20-03037S.
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Tomashuk, Inna. "DEVELOPMENT OF ENTREPRENEURSHIP IN UKRAINE IN THE CONDITIONS OF EUROPEAN INTEGRATION." Green, Blue and Digital Economy Journal 3, no. 2 (November 30, 2022): 36–48. http://dx.doi.org/10.30525/2661-5169/2022-2-5.
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The purpose of the article is to study the peculiarities of the functioning of entrepreneurship institutes with fundamentally new tasks in the conditions of European integration of Ukraine and to develop conceptual proposals for supporting and improving the development of entrepreneurship in Ukraine in the conditions of European integration. Methodology. In the process of solving the tasks of scientific research, general scientific and special research methods were applied: descriptive-analytical method, systematic approach, method of analysis and synthesis, method of systematization, graphic method, method of dynamic series and structural analysis, method of cost analysis, method of comparison, method of average points evaluations, the method of scientific generalization. The results. Today, the development of entrepreneurship is one of the most important factors in the socio-economic growth of Ukraine. The effective development of entrepreneurship creates a competitive environment for business entities of various types of economic activity for the development of which there are favorable conditions and a sufficient scale of resource potential, the interest of foreign and domestic investors. At the same time, the successful activity of entrepreneurship solves a number of important tasks, in particular, contributes to the replenishment of the budget, saturation of the consumer market with goods and services, creates new jobs, increases the employment of the population, while reducing the unemployment rate. Practical implications. The process from the beginning of entrepreneurial activity to its termination is related to decision-making. The desire to open one's own business, as a rule, is accompanied by the hope of the future entrepreneur to succeed, while the factors of the external environment play a key role, influencing the future entrepreneur's decision. Over time, the result of the action of these factors, combined with the results of the action of the factors of the internal environment, may lead to the entrepreneur's decision to stop entrepreneurial activity due to the fact that his expectations were not met. In addition, one of the most important problems of managing a small enterprise is the lack of specialists in certain specialties, for example, marketers, financiers, programmers, etc. This is due to the fact that small businesses often cannot afford to keep such specialists. Outsourcing can be a rational way out of this situation. At the same time, the choice of the country's economic development strategy significantly affects the development of enterprises. Based on the global practice of the production sphere, a smart strategy makes it possible to create a "flexible" high-tech industrial production, where business can easily adapt, in addition, this approach will lead to sustainable economic growth, which is able to provide and promptly respond to any challenges of the globalized world economy. Today, European integration opens up great opportunities for domestic enterprises to expand foreign economic activity. When determining one or another vector of foreign policy, domestic enterprises need to assess the prospects of other global competitors. Value/originality. Stimulating the development of entrepreneurship reduces the problems of their functioning and ensures rapid integration into the European Community and highly developed economies of the EU countries. A reduction in the tax burden on small business entities is possible due to the reduction of total payroll charges, the introduction of lower income tax rates, and the exemption of small business entities from paying income tax during the first years of existence. Also, an important element of the state support system for small businesses is information and consulting services, within the framework of which assistance should be provided with problems of the formation and functioning of small enterprises.
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Romanovska, A., and V. Velichko. "THEORETICAL PRINCIPLES AND PROSPECTS OF USING MODELS OF FUNCTIONING OF SOCIALLY RESPONSIBLE BUSINESS." Series: Economic science 2, no. 169 (March 25, 2022): 86–90. http://dx.doi.org/10.33042/2522-1809-2022-2-169-86-90.
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The article considers the features, disadvantages and advantages of existing models of socially responsible business. The state of socially responsible business in Ukraine is also analyzed, the main obstacles to development are identified. Based on the results obtained, ways to overcome obstacles and prospects for dissemination are proposed. The main incentives for the implementation of CSR would be the introduction of preferential taxation, reducing administrative pressure on local authorities and providing them with proposals for social development programs in the region. In the context of globalization of the modern market, an increasing number of large enterprises in developed countries are paying attention to issues of socially oriented business. Corporate citizens, along with their core business activities, carry out activities aimed at solving social, environmental and other problems in the community. Corporate social responsibility is beginning to be used as one of the indicators of ensuring the competitiveness of the enterprise. Such changes in the socio-economic environment require a more detailed analysis of the criteria of socially responsible and socially oriented business to build an effective model of operation of the entity. In world practice, there are several models of socially responsible business, due to national and cultural characteristics of doing business. They correspond to three models of corporate governance. These are American, European and Japanese models. These models of CSR are quite common and are based on the cultural traditions of countries, economic and environmental situation. As for Ukrainian enterprises, companies do not perceive CSR as a policy that is integrated into the company's business strategy and is a factor of competitive advantage in the market. To develop CSR, it is necessary to develop a legal framework that would promote these activities, raise awareness of responsible business behavior, introduce CSR courses in university programs and increase the participation of business associations in promoting practices.
Dissertations / Theses on the topic "Business enterprises – European Economic Community countries"
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Dony, Marianne. "La responsabilité des pouvoirs publics en cas d'intervention dans une entreprise en difficulté." Doctoral thesis, Universite Libre de Bruxelles, 1990. http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/213118.
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O'Malley, Terence T. "The impact of participation in the European monetary union of the abnormal returns to U.S. target companies acquaired by European firms." Honors in the Major Thesis, University of Central Florida, 2002. http://digital.library.ucf.edu/cdm/ref/collection/ETH/id/291.
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This item is only available in print in the UCF Libraries. If this is your Honors Thesis, you can help us make it available online for use by researchers around the world by following the instructions on the distribution consent form at http://library.ucf.edu/Systems/DigitalInitiatives/DigitalCollections/InternetDistributionConsentAgreementForm.pdf You may also contact the project coordinator, Kerri Bottorff, at kerri.bottorff@ucf.edu for more information.Bachelors
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BEAUCHESNE, Benedicte. "La protection juridique des entreprises en droit communautaire de la concurrence." Doctoral thesis, 1991. http://hdl.handle.net/1814/4558.
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Defence date: 27 May 1992Examining board: Prof. Marie-Chantal Boutard-Labarde (Université de Paris X-Nanterre) ; Prof. Fausto Capelli (Université de Parme) ; Prof. Peter Müller-Graff (Université de Trier) ; Prof. Jürgen Schwarze (Supervisor - EUI) ; Prof. Jean Vergès (Université de Paris I)
PDF of thesis uploaded from the Library digitised archive of EUI PhD theses completed between 2013 and 2017
Books on the topic "Business enterprises – European Economic Community countries"
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Wishlade, Fiona G. Monitoring and controlling state aids: A European community perspective. Halifax, N.S: Dalhousie University, 1992.
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Bannock, Graham. Taxation in the European Community: The small business perspective. London: Paul Chapman on behalf of the European Small and Medium-Sized Enterprise Contact Group, 1990.
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Heinz, Gester, Koubek Norbert, and Wiedemeyer Gerd 1942-, eds. Unternehmensverfassung und Mitbestimmung in Europa. Wiesbaden: Gabler, 1991.
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Kirsty, Hughes, and Wissenschaftszentrum Berlin, eds. European competitiveness. Cambridge: Cambridge University Press, 1993.
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François, Chesnais, Ietto-Gillies Grazia, and Simonetti Roberto, eds. European integration and global corporate strategies. London: Routledge, 2000.
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1944-, Young Stephen, and Hamill James, eds. Europe and the multinationals: Issues and responses for the 1990s. Aldershot, Hants, England: E. Elgar, 1992.
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1992: Leading issues for European companies. New York: Conference Board, 1989.
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Beat, Bürgenmeier, and Mucchielli Jean Louis, eds. Multinationals and Europe, 1992: Strategies for the future. London: Routledge, 1991.
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Formulary apportionment in the EU. Mortsel (Antwerpen): Intersentia, 2009.
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Friberg, Richard. Exchange rates and the firm: Strategies to manage exposure and the impact of EMU. Houndmills, Basingstoke, Hampshire: Macmillan Press, 1999.
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Vargas Vasserot, Carlos. "Social Enterprises in the European Union: Gradual Recognition of Their Importance and Models of Legal Regulation." In The International Handbook of Social Enterprise Law, 27–45. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-14216-1_3.
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AbstractThis chapter addresses social enterprises as a special corporate category, which in some European jurisdictions, and increasingly so after their promotion by the European Union, are provided with a specific legal framework to promote and encourage their development. The paper begins with a brief compilation of the several social enterprise concepts developed by economic doctrines both in the United States and Europe, which reveal a great diversity of approaches. This is followed by an analysis of the various documents published by the European Union, showing the increasing recognition of this business phenomenon, from the publication of the Social Business Initiative in 2011 to the recent Action Plan for the Social Economy in 2021. Finally, the results obtained from the analysis of the different European legal systems are presented, and three main models of legal regulation of social enterprises are distinguished, namely, the use of the social cooperative form, enactment of a special law, and integration into a social economy law. The chapter concludes with a table comparing the essential aspects of the regulation of social enterprises in 14 European countries.
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Kur, Annette, and Martin Senftleben. "The European Trade Mark System." In European Trade Mark Law. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780199680443.003.0004.
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Before the harmonization of trade mark law in the EU, the legal traditions in the Member States of the European Economic Community were divided into common law systems and civil law systems, with certain differences also prevailing between the latter. In all countries alike, the original objective underlying the protection of commercial signs had been to indicate property of goods offered in the marketplace or to enable national authorities to control the quality, kind, or amount of production. In the age of industrialization, the concept developed into the notion of signs indicating origin of goods stemming from private enterprises, with the accent being placed on different aspects of that concept. In civil law countries, the emphasis lay on indicating that a particular business had ‘ownership’ of a sign. Thus, the legislature saw its foremost task in establishing a secure and transparent system for the acquisition and maintenance of ownership, and offering trade mark owners the legal means necessary for defending the mark against illicit use by unauthorized others. In common law, the accent lay on the prevention of passing off, which was considered a task in the public interest rather than serving private commercial aims. In contrast to continental civil law, creating a public register and admitting private claims against infringement were not tantamount to acknowledging a proprietary right in trade marks. Instead, these measures were taken to efficiently support the public policy objectives underlying trade mark law.
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Hackett, Michelle T., and Michael J. Roy. "Focus on the Balkans." In Social Entrepreneurship and Enterprises in Economic and Social Development, 163–84. Oxford University Press, 2020. http://dx.doi.org/10.1093/oso/9780197518298.003.0009.
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The “blended” social and economic value created by social enterprises can, the authors argue in “Focus on the Balkans: Social Enterprise in Albania,” demonstrate a “middle way” between the excesses of both communism and capitalism. Focusing on the western Balkans region of Europe, which has transitioned from a communist past, this chapter considers whether social enterprises in this context have the potential to demonstrate such a “middle way” by challenging norms concerning how the economy is conceived by posing an alternative business framework to market fundamentalism while also contributing to more traditional non–market-focused “social goals” such as breaking down prejudices concerning marginalized groups. This chapter analyzes the discourses of key actors involved in the work of an Albanian social enterprise to examine various competing conceptualizations and uses of social enterprise. In contrast to the role of social enterprise as a “middle way” actor, the authors find that there is also potential for the concept to be employed in post-communist countries as a neoliberal adjustment instrument, promoting a particular form of market-oriented transition. The chapter explores how the actors involved negotiate these complex and multidirectional forces and attempt to navigate the socioeconomic terrain in which the social enterprise is situated.
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Goebel, Roger. "An Historical Perspective I." In Oxford Principles Of European Union Law: The European Union Legal Order: Volume I. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780199533770.003.0002.
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The European Community (EC), now absorbed into the European Union (EU), has achieved extraordinary results in economic, political, social, and legal integration. The initial European Economic Community’s purpose was to achieve an integrated economic market for the benefit of business and financial enterprises, while bringing to the population as a whole a higher standard of living. Although principally designed to serve economic ends, the Community soon acquired political, social, and cultural dimensions.
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Pascoe, Tim, Jeff Gow, and Andre Mostert. "The Critical Importance of Enhancing Social Entrepreneurship Learning Pathways to Recover From the COVID-19 Economic Crisis." In Advances in Business Strategy and Competitive Advantage, 182–215. IGI Global, 2022. http://dx.doi.org/10.4018/978-1-7998-7724-0.ch009.
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Social enterprises (SE) have long been recognised as a significant part of society and as a yardstick for the wider concern of community stakeholders to the general wellbeing and quality of life of the population. Furthermore, in countries that have embraced the free market with limited government, particularly in post-financial-crisis enforced austerity fiscal budgets, the role of the SE is extremely important in contributing to community wellbeing. Now the COVID-19 pandemic of 2020 has dealt a crushing blow to many economic, social, and entrepreneurial activities with its associated lockdowns and government mandated restrictions on economic activities. It is imperative, given the devastating economic impact of the epidemic and subsequent lockdowns, that efforts to encourage SE and social entrepreneurship be redoubled and receive government assisted training for these efforts. Creating robust and effective learning pathways informed by the need to support a building back better ethos is key to the future of social innovation and social enterprise-based economic activities.
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Barcik, Agnieszka, and Piotr Dziwiński. "Innovative Entrepreneurship in Poland within Cooperation of the Universities with Enterprises." In Advances in Electronic Government, Digital Divide, and Regional Development, 702–25. IGI Global, 2016. http://dx.doi.org/10.4018/978-1-4666-9567-2.ch029.
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The main impetus of entrepreneurship development comes undoubtedly at present from innovation based on knowledge, education as well as research and development activities. In Poland, as in all other countries of the European Union, the development and uptake of innovation is one of the pillars of the knowledge-based economy and an essential element of the socio-economic cohesion policy. Despite the fact that Poland shows in recent years, strong economic performance, it ranks in the statistics among the countries with the lowest innovation in the European Union and the process of transferring innovative solutions from science to enterprise still faces many barriers and limitations. On the other hand the increasing awareness of the importance of science and knowledge is to be observed not only in academic field but in practice too. More often different forms of cooperation between universities and entrepreneurs are undertaken. Based on innovative projects the chapter is intended to analyze and evaluate the development of innovative entrepreneurship in Poland, taking into account the factors shaping it as well as the mechanism of science and business cooperation.
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Yemchuk, Liudmyla, and Larysa Dzhulii. "FEATURES OF THE INFORMATION SUPPORT FORMATION OF THE ENTERPRISE’S INTELLECTUAL CAPITAL MANAGEMENT." In Science, technology, and innovation: the experience of European countries and prospects for Ukraine. Publishing House “Baltija Publishing”, 2021. http://dx.doi.org/10.30525/978-9934-26-190-9-5.
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The study substantiates the relevance of rapid changes in the intellectualization of economic processes under the influence of information systems and computer technology, and these components are interdependent. The study found that the selected factors stimulate the development of intellectual capital, which determines the new conditions for the functioning of the enterprise management system and the adoption of sound management decisions. Accordingly, the subject of research is a set of theoretical provisions, methodological tools and practical aspects of intellectualization of business management processes. The study used logical and system-structural analysis in the study of the features and role of information resources in the activities of modern enterprises, in the study of the impact of cloud technologies on the development of enterprise management. Economic and mathematical methods, tabular method and grouping methods are used to evaluate and analyze specific research results. The most important task of the study is to identify features of the functional potential of new information systems in enterprise management, processing of their economic information and formation of information management processes, as well as solving current problems related to the need for information systems. The study substantiates that the integration of the national economy into the global information space today is one of the determining factors of its efficiency and competitiveness. Under such conditions, the transformation processes related to the formation of an innovative model of the economy focused on scientific high-tech production, sustainable development and the creation of infrastructure for the formation of intelligent information space become relevant in the national industry. It is established that one of the most important elements of modern innovative transformations are information systems and technologies that are able to produce large amounts of information and knowledge, transmit them remotely, accumulate, store and form new intelligent products in both national and international economic systems. Emphasis is placed on the fact that the introduction of cloud technologies is especially important, which is a necessary condition for the development of enterprise management systems. It is theoretically substantiated that cloud technologies provide new tools for the development of management systems, intensification of interaction in the external environment of the enterprise. They also determine the progressive trends in the development of enterprises and their associations (cluster systems), the main directions of development of high-tech industries and information potential of enterprises. This allowed us to build a mathematical model for calculating the probability of making the right decision, evaluating the effectiveness of decision-making. It is proved that intellectual capital is the basis for the development of the knowledge-based economy and determines the new course of socioeconomic development of Ukraine.
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Zairis, Antonios Georgios. "The Effective Use of Digital Technology by SMEs." In Advances in Business Strategy and Competitive Advantage, 244–55. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-3648-3.ch014.
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Most researches emphasize the importance of small and medium-sized enterprises (SMEs) as main contributors to economic growth and their role in the global economy. The purpose of this study is to provide information on the implementation of digital technology in SMEs and the challenges they face. It seems that the evolution of internet technology and communication platforms has been largely adopted in the corporate environment and constitutes an important component of competitive advantage for large corporations. But the same does not exactly apply for SMEs as they come up against numerous issues. The chapter also focuses on the digital state of Greek SMEs and attempts to identify the main problems and opportunities for promoting their development through digital technology, as they appear to be weak in this field especially when comparing to the majority of European countries. These findings enrich the literature on Greek SMEs and their future capabilities.
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Rahman, Hakikur, and Isabel Ramos. "Trends of Open Innovation in Developing Nations." In Cases on SMEs and Open Innovation, 65–80. IGI Global, 2012. http://dx.doi.org/10.4018/978-1-61350-314-0.ch004.
Full textAbstract:
Evidently, innovation is a genuine reality within the entrepreneurships, given the circumstances of economic crisis, global competition, and novelties of technologies. Perplexing further to face the reality and overcome crises, enterprises are day by day adopting newly developed ideas, concepts, and perceptions to fit into the scenery of business dimension from within and outside the boundaries of their entities, thus channeling the entrepreneurships through the paradigm of open innovation. By far, the majority of the corporate businesses and multi-national enterprises are competing or collaborating with a consensus to promote value-added products, processes, or services. Notwithstanding, they are transforming the entire entrepreneurship infrastructure to face the reality and move ahead. A major portion of the business community, despite their justified contribution to economic growth and generation of employment, the sector belonging to the small and medium enterprises (SMEs), however, are not always in advantageous situations in the arena of open innovation due to many factors, seen, unseen, attended, un-attended, researched, and deserving of further research. To move further into the context of this research, it has been observed that countries ranking as developed economies are ahead in the race, adopting open innovation in their business development, while countries within the developing and transitional economies are struggling to fit into the race of the champions. This study, though not a specific case of one country, has tried to illustrate a few discrete scenarios from five developing countries through horizontal literature review. The chapter has tried to profile within the format of the casebook, providing generic context of innovation (and open innovation) in those randomly selected countries, presented challenges they are facing, including some recommendations, before concluding for further extensive research.
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Zairis, Antonios Georgios. "The Effective Use of Digital Technology by SMEs." In Research Anthology on Small Business Strategies for Success and Survival, 548–59. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-7998-9155-0.ch027.
Full textAbstract:
Most researches emphasize the importance of small and medium-sized enterprises (SMEs) as main contributors to economic growth and their role in the global economy. The purpose of this study is to provide information on the implementation of digital technology in SMEs and the challenges they face. It seems that the evolution of internet technology and communication platforms has been largely adopted in the corporate environment and constitutes an important component of competitive advantage for large corporations. But the same does not exactly apply for SMEs as they come up against numerous issues. The chapter also focuses on the digital state of Greek SMEs and attempts to identify the main problems and opportunities for promoting their development through digital technology, as they appear to be weak in this field especially when comparing to the majority of European countries. These findings enrich the literature on Greek SMEs and their future capabilities.
Conference papers on the topic "Business enterprises – European Economic Community countries"
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Burksaitiene, Daiva, and Kristina Garskaite-Milvydiene. "Cross-Border Mergers and Acquisitions Factors in Joining the European Union Countries." In Contemporary Issues in Business, Management and Education. Vilnius Gediminas Technical University, 2017. http://dx.doi.org/10.3846/cbme.2017.076.
Full textAbstract:
Mergers and acquisitions (M&As) are increasingly being used in the business world, and this process plays an important role in economic theory and lays the foundations for sustainable business development. The global recovery in foreign direct investment (FDI) was strong in 2015, with global FDI flows jumping by 38%, their highest level since the global economic and financial crisis of 2008–2009. A surge in cross-border M&As to $721 billion, from $432 billion in 2014, was the principal factor behind the global rebound. These M&As were partly driven by very large corporate reconfigurations by multinational enterprises (MNEs), i.e. changes in legal or ownership structures, including shifting their headquarters for strategic reasons and tax inversions. This paper examines the key M&As stimulating strategic objectives and causes, and ways of this process, as well as the cross-border M&As market activity. The objective of this paper is to identify ways, purposes and reasons of M&As transactions, and to present the factors influencing this process and market activity. The object of this research is the M&As transactions market. Research methodology of this paper is based on scientific literature and statistical information systematic, comparative, logical and econometric analysis.
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Kostadinović, Ivana, and Sunčica Stanković. "Comparative Analysis of the Development of the Small and Medium Enterprises Sector in the Republic of Serbia and the European Union." In Seventh International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2021. http://dx.doi.org/10.31410/limen.2021.1.
Full textAbstract:
In modern conditions, developed market economies base their growth and development on the small and medium enterprises sector and entrepreneurship, as the most efficient segment of the economy, which provides the greatest contribution to employment, GDP and turnover. Since SMEs significantly contribute to employment, competitiveness and exports, developed countries have taken a systematic and organized approach to encourage their development and successful functioning. Following the example of developed countries, developing countries, are increasingly basing their economic growth and development on the SME sector. In the Republic of Serbia, at the beginning of the 21st century, institutional changes were implemented, which resulted in the improvement of the business environment and significant progress in building a system for encouraging and supporting the development of SMEs. The paper aims to, through comparative analysis, explain the development of the SME sector in the Republic of Serbia and the European Union.
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Korsaka, Tereza, and Gunta Grinberga-Zalite. "Theoretical characteristics of using leverage instruments in the context of rural entrepreneurship." In 21st International Scientific Conference "Economic Science for Rural Development 2020". Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2020. http://dx.doi.org/10.22616/esrd.2020.53.022.
Full textAbstract:
Today, the matters pertaining to regional and urban development in the EU are increasingly integrated into EU development plans and strategies. The EU actively facilitates regional development by supporting the development of small and medium-sized enterprises in the regions to contribute to employment, education and social integration. The strategic goal of the National Development Plan of Latvia 2021-2027 is to promote also regional development in Latvia in order to ensure long-term balanced growth in the country. Promoting entrepreneurship in the regions is of great importance, as Latvia is still one of the countries in the European Union experiencing unbalanced regional development and having socio-economic disparities. Consequently, financial performance and financial stability play an important role in sustainable business development. Rural entrepreneurs whose business is seasonal often lack an awareness of the role of financial leverage degrees, which could lead to making wrong decisions. Performing an assessment of the degrees of financial leverage could be useful not only in a situation when experiencing a business expansion but also when a business decline occurs, which is specific to rural entrepreneurship. A hypothesis of the present research is based on the authors’ opinion that by meaningfully applying the degrees of financial leverage, it is possible to enhance the financial performance of enterprises, which is particularly important for rural entrepreneurship. The aim of the research is to define the degrees of financial leverage – the degree of operating leverage (DOL), the degree of financial leverage (DFL) and the degree of combined leverage (DCL) – as measures of financial performance of enterprises and classify the principles of measure assessment in relation to whether the indicator percentage changes used in financial leverage calculations are positive or negative. The research employed the following methods: induction – to make scientific assumptions and identify similarities based on individual elements – and deduction – to logically systematize and explain empirical data. Applying the empirical and logical construction methods, the authors analysed six different theoretically possible situations, gave six different examples, defined and classified the principles of leverage degree assessment as different (positive and negative) in relation to the indicator percentage changes used in financial leverage calculations.
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Libkovska, Una, and Ivo Lemss. "THE ROLE OF ECO MANAGEMENT IN ENVIRONMENTAL MANAGEMENT PROCESSES IN LATVIA." In 22nd SGEM International Multidisciplinary Scientific GeoConference 2022. STEF92 Technology, 2022. http://dx.doi.org/10.5593/sgem2022/5.1/s21.089.
Full textAbstract:
Research will focus on investments for the development of the company. Transition to the circular economy is understood in many cases only as an unnecessary obstacle, not as the new business model. Production based on the linear model "take, make, dispose of" is not possible anymore based on decreased environmental quality. Increased production efficiency could help promote the company's prestige, gain tax allowances, create optimistic co-operation with the state, municipality, and maintain sustainability in terms of the balance achieved between economic, environmental and social interests. Although the research until now is in an early stage, some answers had been received from questionnaire from different stakeholders. The research purpose is to create an adapted model for the implementation of the circular economy for the small and medium enterprises of Latvia in a long-term perspective. Research will focus on the following qualitative data analysis methods � SWOT, factor, economic contribution, structured interviews at expert level, overall structured interview in the form of the questionnaire. From quantitative methods, hierarchical cluster or partial cluster method will be used in this research, analysing 3966 organisations in the Eco-Management and audit scheme (from now on � EMAS) at the European level that ensure compliance with the essential environmental requirements under EMAS Regulation. Until now within the research, the number of EMAS organisations have been selected between 29 different countries in 5 sectors (energy, water, waste management, food industry, port terminals), allowing to make the cross-country comparison and describe the involvement level of EMAS in each country. Before using the cluster method, it is essential to assess the cluster trend and whether the cluster method is suitable for research data. The next step will involve using a hierarchical cluster or partial cluster method (a certain number of clusters will be created). It is necessary to use different techniques to evaluate and interpret the created cluster results in future work.