Low competitiveness of undeveloped areas: 'Narrow throat' of Serbian economy

Directory of Open Access Journals (Sweden)

Vuković Darko

2009-01-01

Full Text Available Inconsistent development policy and traditionally inherited poverty, lack of adequate institutional support and the impact of the transition of Serbian economy are affected the deepening of the parameters of underdeveloped areas in Serbia (South Serbia and Stari Ras and appear of new underdeveloped area (Borski basen. These areas have very low competitiveness and represent bottleneck in the overall competitiveness of Serbian economy. Low Serbian competitiveness caused by many problems (corruption, ineffective legal system and weak protection of contracts, political instability and others, where undeveloped areas represent a special dimension of this problem, with their specific problems, current from almost every social standpoint. This paper explains the specific factors that are the largest source of uncompetitiveness underdeveloped areas, analyzing economic, demographic and socio-political factors, as well as infrastructure, unemployment and education. Results showed that these indicators of competitiveness in underdeveloped areas have far less values than the same indicators in other areas in Serbia. The major causes of low competitiveness of underdeveloped areas (except common with the Republic of Serbia are: low employment, low economic activity, low productivity, low investments, poor educational and demographic structure, underdeveloped infrastructure and socio-political uncertainty. At the end, the paper presents the measures and incentives which increase competitiveness of underdeveloped areas.

The Role of Innovation in Fostering Competitiveness and Economic Growth: Evidence from Developing Economies

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Terzić Lejla

2017-12-01

Full Text Available This paper deals with the essential features determining the role of innovation in developing economies by examining the structure of innovation measures. The economic growth and competitiveness of developing economies are powerfully connected to its innovation status. The purpose of this paper is to examine the significance of innovation in driving economic growth per capita and competitiveness in selected developing economies. In order to determine the interconnection among the variables of innovation, competitiveness, and growth, assorted methodological measurement instruments have been applied. The data were collected from both primary and secondary sources. The results suggest the importance of specific innovation dimensions for prospective economic growth in developing economies. The identical measures responsible for fragile innovation are associated to the low composite measures of innovation accomplishment. This demonstrates the enormous disparity concentrated in every innovation aspect over time, specifically in innovation output and enterprise performances between the developing economies and the EU-28 average measures. The research results indicate the usage of appropriate economic instruments in diminishing the problems that developing economies are currently dealing with.

National competitiveness and absolute advantage in a global economy

OpenAIRE

Parrinello, Sergio

2006-01-01

Distinguished trade theorists maintain that a national economy cannot be uncompetitive as a whole, contrary to the frequent statements of many politicians, because a country must possess a comparative advantage in some sector according to Ricardo’s principle. In this paper the author arguesthat such a criticism addressed to the notion of national competitiveness neglects a bottom line of a national economy engaged in a global market. In this context, characterized by free capital movements an...

Knowledge economy readiness, innovativeness and competitiveness of the Western Balkan countries

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Cvetanović Slobodan

2015-01-01

Full Text Available The Western Balkan countries have set themselves the goal to join the European Union as soon as possible. Accordingly, they must adjust the key components of their development policies to the Europe 2020 strategy, focusing on key priorities such as smart, sustainable and inclusive growth. This paper explores the relationship among knowledge economy readiness, innovativeness, and competitiveness of six Western Balkan countries (Albania, Bosnia and Herzegovina, Macedonia, Serbia, Croatia, and Montenegro and the group of six selected neighboring EU countries (Austria, Bulgaria, Greece, Hungary, Romania, and Slovenia. The paper relies on the data obtained from the Knowledge Economy Index of the World Bank Institute, INSEAD's Global Innovation Index and the Global Competitiveness Index of the World Economic Forum for 2013. Obtained data from all three sources indicated significantly lower readiness for the development of economy based on knowledge, innovation and competitiveness in the Western Balkans countries in comparison to the selected EU countries. The analysis of the interdependence of the aforementioned variables points to: a statistically significant correlation between the indicator knowledge economy index and the global innovation index for both groups of countries; b statistically significant linear correlation between innovativeness and innovation efficiency ratio for the Western Balkan countries. Conversely, no respective correlation has been registered for the group of selected EU countries; c no statistically significant correlation between the global innovation index and the global competitiveness index in the Western Balkan countries, while in respect of the group of selected EU countries, the existence of significant linear correlation between these variables has been revealed.

Economies of scale and competitiveness of an enterprise

OpenAIRE

Maksvytienė, Inga

2007-01-01

Straipsnyje vertinama masto ekonomijos bei neekonomijos ir įmonės dydžio tarpusavio ryšio poveikio įmonės konkurencingumui galimybė. Veikiant masto ekonomijos ir neekonomijos sąveikos mechanizmui, vidutiniai gamybos kaštai mažėja ir įmonės konkurencingumas didėja. The aim of the research is to introduce the role of enterprise scale under the conditions of competition. In the article the theoretical model of scale economies and diseconomies interaction influence on the competitive ability o...

Modern trends of development of the world economy and financial competitiveness of enterprises

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Volkova Nadezhda

2017-01-01

Full Text Available The article considers modern trends in the development of the global economy, the dynamics of the activity of the domestic economy. The statistical data of the share of loss-making enterprises on the domestic market are analyzed. The importance of competitiveness and financial stability of enterprises in modern conditions is considered, the relationship between competitiveness and financial stability is indicated. The notion of financial competitiveness is formulated. Financial competitiveness is analyzed from the point of view of enterprise management and on the parameters for assessing the financial stability of enterprises. Methods for assessing the financial competitiveness of enterprises have been identified. The primary calculation of financial competitiveness indicators for PJSC “SF Almaz” was carried out based on the selected methods. The analysis of the obtained calculation results is carried out. Methods are proposed to ensure financial competitiveness of Russian companies.

The Resilient Economy: Integrating Competitiveness and Security

Energy Technology Data Exchange (ETDEWEB)

Debbie van Opstal

2009-01-07

Globalization, technological complexity, interdependence, terrorism, climate and energy volatility, and pandemic potential are increasing the level of risk that societies and organizations now face. Risks also are increasingly interrelated; disruptions in one area can cascade in multiple directions. The ability to manage emerging risks, anticipate the interactions between different types of risk, and bounce back from disruption will be a competitive differentiator for companies and countries alike in the 21st century. What Policymakers Should Know The national objective is not just homeland protection, but economic resilience: the ability to mitigate and recover quickly from disruption. Businesses must root the case for investment in resilience strategies to manage a spectrum of risks, not just catastrophic ones. Making a business case for investment in defenses against low-probability events (even those with high impact) is difficult. However, making a business case for investments that assure business continuity and shareholder value is not a heavy lift. There are an infinite number of disruption scenarios, but only a finite number of outcomes. Leading organizations do not manage specific scenarios, rather they create the agility and flexibility to cope with turbulent situations. The investments and contingency plans these leading companies make to manage a spectrum of risk create a capability to respond to high-impact disasters as well. Government regulations tend to stovepipe different types of risk, which impedes companies abilities to manage risk in an integrated way. Policies to strengthen risk management capabilities would serve both security and competitiveness goals. What CEOs and Boards Should Know Operational risks are growing rapidly and outpacing many companies abilities to manage them. Corporate leadership has historically viewed operational risk management as a back office control function. But managing operational risks increasingly affects real

CASE STUDY: Tanzania — Competition policy spurs economy-wide ...

International Development Research Centre (IDRC) Digital Library (Canada)

2010-12-16

Dec 16, 2010 ... People often fear for their futures when free-market policies are introduced. ... No matter how well an economy is doing, politicians like to say that for each ... holdings that interfere with legitimate and successful competition.

Integrating bioenergy into a green economy: identifying opportunities and constraints

CSIR Research Space (South Africa)

Von Maltitz, Graham P

2012-10-01

Full Text Available .kashan.co.za] BACKGROUND Bioenergy is a renewable energy option that has the potential to contribute to a low-carbon development path and stimulate a green economy. However, since bioenergy uses land and natural resources, it is in competition with the valuable bio... an analytical framework and decision-support tools to assist in assessing, managing and monitoring the sustainability of bioenergy. IMPROVING THE SUSTAINABILITY OF BIOENERGY THROUGH INTEGRATION WITH OTHER BIO-BASED PRODUCTS Since bioenergy production...

A pro-competitive order as an institute of the economy based on knowledge

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Rozhdestvenskaya Elena

2016-01-01

Full Text Available The modern theory of constitutional economy returns to the ideas of the founders of ordoliberalism, marks the function of the state as an institutional mechanism to promote and protect competition. The role of the state is the system subject of a pro-competitive order. The article analyzes the patterns of spontaneous transformation of government involvement in the market economy in the procompetitive order Institute as a condition of sustainable development of the economy based on knowledge. The research results are useful in the development of the theory of regulation of market processes and the formation of a strategic state policy in the field of economic regulation, in particular for Russia.

ECONOMY COMPETITIVENESS AND MODERN PEDAGOGICS DEFINITIONS CORRELATION

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Svetlana Tolochko

2016-11-01

Full Text Available The purpose of the paper is to understand and explain economy competitiveness and modern pedagogic definition correlation. Education for entrepreneurship or economic development, and education for environmental sustainability, or sustainable development are seen as arguing goals in education reforms. Teachers today also encounter a number of other and equally important challenges in their work, such as educating youth for insecurity, tolerance, new technologies, peace and active citizenship, to mention but a few. National economic competitiveness is linked to intellectual and capital and is driven by knowledge, and innovation. Sustainable development requires an understanding of the complexity of the global ecosystem and of creative problem-solving the solutions searching to ‘wicked problems’ such as that of reconciling economic activity with a sustainable environment. Methodology. It is used the data from publications and reports of the European Commission, OECD, World Bank, World Economic Forum, UNESCO, International Journals in Economics and Pedagogic: American Economic Review, Journal of Education Policy, Journal of Education Change, European Journal of Education. In the article the descriptive analysis, supported by the quantitative analysis is applied. Results. It was defined that national economic competitiveness is linked to capital driven by knowledge and innovation. It was analysed the formation of Global Competitiveness Index (GCI which is made up of over 110 variables. According to the GCI Switzerland is the most competitive economy in the world in 2015. It is highlighted the following overarching needs to: give a higher profile to the notion of interdependence: how closely one part of an ecosystem is linked to and depends upon another; making humanity more aware of its own fragility on this planet; highlight the role of cooperation: problems faced will only be resolved by international cooperation; develop the notion of a global

Algal biodiesel economy and competition among bio-fuels.

Science.gov (United States)

Lee, D H

2011-01-01

This investigation examines the possible results of policy support in developed and developing economies for developing algal biodiesel through to 2040. This investigation adopts the Taiwan General Equilibrium Model-Energy for Bio-fuels (TAIGEM-EB) to predict competition among the development of algal biodiesel, bioethanol and conventional crop-based biodiesel. Analytical results show that algal biodiesel will not be the major energy source in 2040 without strong support in developed economies. In contrast, bioethanol enjoys a development advantage relative to both forms of biodiesel. Finally, algal biodiesel will almost completely replace conventional biodiesel. CO(2) reduction benefits the development of the bio-fuels industry. Copyright © 2010 Elsevier Ltd. All rights reserved.

Argentinean integrated small reactor design and scale economy analysis of integrated reactor

International Nuclear Information System (INIS)

Florido, P. C.; Bergallo, J. E.; Ishida, M. V.

2000-01-01

This paper describes the design of CAREM, which is Argentinean integrated small reactor project and the scale economy analysis results of integrated reactor. CAREM project consists on the development, design and construction of a small nuclear power plant. CAREM is an advanced reactor conceived with new generation design solutions and standing on the large experience accumulated in the safe operation of Light Water Reactors. The CAREM is an indirect cycle reactor with some distinctive and characteristic features that greatly simplify the reactor and also contribute to a highly level of safety: integrated primary cooling system, self pressurized, primary cooling by natural circulation and safety system relying on passive features. For a fully doupled economic evaluation of integrated reactors done by IREP (Integrated Reactor Evaluation Program) code transferred to IAEA, CAREM have been used as a reference point. The results shows that integrated reactors become competitive with power larger than 200MWe with Argentinean cheapest electricity option. Due to reactor pressure vessel construction limit, low pressure drop steam generator are used to reach power output of 200MWe for natural circulation. For forced circulation, 300MWe can be achieved. (author)

A multicriterial analysis of national competitiveness: Evidences for a resilient economy

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Sima Violeta

2017-01-01

Full Text Available This article is structured in three parts, as follows: In the first part, we summarized the different approaches of national competitiveness in the literature on the economic performance assessment, using specific indexes: Global Competitiveness Index (GCI, Ecological Performance Index (EPI, and Human Development Index (HDI, highlighting their advantages and limitations. These variables were analyzed ante-crisis and ex-crisis, assuming that the economic recession could generate some effects. Data sources are presented at the beginning of the 'Results and discussion' paragraph. Considering the diversity of the issues and the inhomogeneity of data describing those issues, GDP was used along with the four composite indicators: GCI, EPI, HDI, and Economic Resilience Index (ERI. The third part presents the main findings and their implications. Thus, a downward trend of the evolution of Romania's economic resilience index during 2008-2014 was observed. This decline appears to be due largely to the decrease in Social development sub-index and in Governance sub-index. The low level of the Romanian economy resilience is mainly explained by the low level of competitiveness and productivity of production factors. The obtained outcomes suggest that in addition to national competitiveness assessing, ERI evaluation is important because it can reveal the hidden sources of vulnerability of the economy to external shocks.

Urban competitiveness in the knowledge economy: universities as new planning animators

NARCIS (Netherlands)

Hospers, Gerrit J.; Benneworth, Paul Stephen

2007-01-01

Contemporary economic activity is increasingly dominated by ‘knowledge-based’ activities. Increasingly internationalisation of competition has increased pressures on firms in all advanced economies to compete primarily in terms of product differentiation (Porter, 1990). This has changed the nature

ANALYSIS OF INFLUENCE FACTORS OF ECONOMIC EFFICIENCY ON THE ECONOMY OF THE INTEGRATED STRUCTURES

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I. P. Bogomolova

2014-01-01

Full Text Available Currently in Russia, special attention is paid to the food industry, providing a key influence on the state's economy and food security of the country. The food industry not only creates substantial part of the gross domestic product, which is one of the main sources of fillings budgets of all levels, and contributes to the strengthening of the state in world markets. These circum-stances make it necessary to increase the efficiency of industrial structures by mobilizing factors affecting the economy of enterprises, including by shifting emphasis on the integration of food industry enterprises in General competitiveness of the goods produced, the stability of the entire industry, its leading industries and organizations. The article substantiates the expediency of application of integrated structures, discusses the methods and tools of analysis of influence factors of economic efficiency on the economy of inte-grated structures. Evaluation is recommended in two key areas: assessment of the financial condition and evaluation of training and development of staff, taking into account the strategic objectives of integrated structures. The analysis makes it possible to correctly allocate financial resources and to achieve balanced economic performance management through more effective use of credit re-sources, the rational management of economic parameters optimization of the number of employees and production capacity.

Ireland – industrial competitiveness in a small open economy (NIRSA) Working Paper Series. No. 44

OpenAIRE

Cassidy, John; Barry, Frank; Van Egeraat, Chris

2009-01-01

The Irish economy has boomed in recent years based on a strategy of attracting FDI, and has become a model economy particularly for EU accession countries. This chapter sets out to provide a deeper understanding of Ireland’s success in the context of Porter’s Diamond Model of national competitiveness. A number of analyses have been done in Ireland on the relevance of Porter’s Diamond theory to national competitiveness. O’Connell, van Egeraat and Enright (1997) adopted a Porter Diamond analysi...

International perspectives on work-family policies: lessons from the world's most competitive economies.

Science.gov (United States)

Earle, Alison; Mokomane, Zitha; Heymann, Jody

2011-01-01

The United States does not guarantee families a wide range of supportive workplace policies such as paid maternity and paternity leave or paid leave to care for sick children. Proposals to provide such benefits are invariably met with the complaint that the costs would reduce employment and undermine the international competitiveness of American businesses. In this article, Alison Earle, Zitha Mokomane, and Jody Heymann explore whether paid leave and other work-family policies that support children's development exist in countries that are economically competitive and have low unemployment rates. Their data show that the answer is yes. Using indicators of competitiveness gathered by the World Economic Forum, the authors identify fifteen countries, including the United States, that have been among the top twenty countries in competitiveness rankings for at least eight of ten years. To this group they add China and India, both rising competitors in the global economy. They find that every one of these countries, except the United States, guarantees some form of paid leave for new mothers as well as annual leave. And all but Switzerland and the United States guarantee paid leave for new fathers. The authors perform a similar exercise to identify thirteen advanced countries with consistently low unemployment rates, again including the United States. The majority of these countries provide paid leave for new mothers, paid leave for new fathers, paid leave to care for children's health care needs, breast-feeding breaks, paid vacation leave, and a weekly day of rest. Of these, the United States guarantees only breast-feeding breaks (part of the recently passed health care legislation). The authors' global examination of the most competitive economies as well as the economies with low unemployment rates makes clear that ensuring that all parents are available to care for their children's healthy development does not preclude a country from being highly competitive

Competitive dynamics of energy, environment, and economy in the U.S

International Nuclear Information System (INIS)

Pao, Hsiao-Tien; Chen, Haipeng; Li, Yi-Ying

2015-01-01

This paper applies the Lotka–Volterra model to investigate the competitive interactions among energy, environment, and economy (3Es) in the U.S. The proposed LV-COMSUD (Lotka–Volterra COmpetition Model for SUstainable Development) has satisfactory performance for model fitting and provides a useful multivariate framework to predict outcomes concerning these interactions. Our key findings include a pure competition between emissions and GDP (Gross Domestic Product), neutralisms between renewable and fossil/nuclear energy, and commensalisms between GDP and renewable/fossil energy and between nuclear energy and fossil energy/emissions. These results indicate that renewable/fossil energy use contributes to GDP and interacts indirectly with emissions, that an environmental Kuznets curve exists, and that the amount of produced nuclear energy correlates with emission. The U.S. is dependent on non-clean energy sources and its energy efficiency has room for improvement. The results provide unique insights for policy makers to craft up sustainable economic development plans. Overall, it is suggested that for developed markets such as the U.S., to enhance energy security and mitigate climate changes, improving energy efficiency and developing low-carbon clean energy should be top priorities. - Highlights: • The competitive interactions among energy, environment, and economy are examined. • A pure competition between emissions and GDP exists and an EKC exists. • Energy use contributes to GDP and interacts indirectly with emissions. • Nuclear energy was used to tackle the growth of emissions/fossil energy use. • Improved energy efficiency is a viable policy to enhance energy security in U.S

SMES COMPETITIVENESS IN AN INTEGRATED ECONOMY: A PRELIMINARY STUDY FROM INDONESIA

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Eko Suseno Hr Matrutty

2018-03-01

Full Text Available ASEAN Economic Community (AEC offers both opportunities and challenges to Indonesian Small Medium Enterprises (SMEs. Highly competitive SMEs are likely to exploit opportunities from AEC by expanding their markets and securing raw materials at lower costs. On the contrary, the increasingly intense competition is likely to marginalize less competitive SMEs in their own domestic market. This study aims to analyze the SMEs competitiveness in anticipating AEC. Using 64 SMEs that already export their products or have potentials to export as the sample; this research shows that Indonesian SMEs exhibit a high competitiveness level from the perspective of the production factor, the availability of related and supporting industries factor (especially in relation to the availability of raw and supporting materials, and the demand factor. However, SME owners acknowledge that AEC intensify competition and the government has not provided adequate facilities to improve the SME competitiveness.

RELEVANT PROBLEMS OF UKRAINE’S INTEGRATION INTO GLOBAL ECONOMY

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Yevheniia Duliba

2017-12-01

Full Text Available The purpose of this research is to study the main problems that prevent Ukraine from integrating into the global economy and to determine correct focuses of the foreign economic policy of Ukraine against the background of strengthening of globalization tendencies throughout the world. The bases of this research are bases of business development of the foreign economic policy of Ukraine and improvement of Ukrainian economy against the background of international integration. At the heart of the research methodology is a dialectical method of scientific knowledge and, besides, special methods of research based on modern scientific bases of economic, management and related to them knowledge: economic and statistic method – for the assessment of the modern state of foreign trade and investment activity of Ukraine; method of analysis and synthesis – for the determination of tendencies of development of integration processed in Ukraine; comparative analysis – for comparison of information concerning development of specific indicators of foreign economic activities in Ukraine. Results. As a result of research, the main blocks of problems, which impede the integration of Ukraine into the global economy, and requirements for their complex solution are determined. Besides, interdependence and interdetermination of problems, which impede the integration of Ukraine into the global economy, and requirements for their complex solution are explained. Political and legal, economic, sociocultural, and infrastructural preconditions that are necessary for effective integration of Ukraine into the global economy are highlighted. Practical implications. Analysis of the existing problems related to the actual economy, investments, innovation processes gives the possibility to determine the vector of development of Ukraine’s economy taking to account recommendations concerning its improvement for the purposes of integration into global economy. Value

Economies of vertical integration in the Swiss electricity sector

Energy Technology Data Exchange (ETDEWEB)

Fetz, Aurelio; Filippini, Massimo [Department of Management, Technology and Economics, ETH Zurich (Switzerland); Department of Economics, University of Lugano (Switzerland)

2010-11-15

Over the last two decades, several European nations have introduced reforms to their electricity sector. Generally, these reforms require a legal and functional unbundling of vertically integrated companies. These unbundling processes may reduce the possibilities that exist to fruitfully exploit the advantages of vertical integration. The goal of this paper is to empirically analyze the presence of economies of scale and vertical integration in the Swiss electricity sector. Economies of vertical integration between electricity production and distribution result from reduced transaction costs, better coordination of highly specific and interdependent investments and less financial risk. Different econometric specifications for panel data, including a random effects and a random-coefficients model, have been used to estimate a quadratic multi-stage cost function for a sample of electricity companies. The empirical results reflect the presence of considerable economies of vertical integration and economies of scale for most of the companies considered in the analysis. Moreover, the results suggest a variation in economies of vertical integration across companies due to unobserved heterogeneity. (author)

Undergraduate business students' attitudes towards CSR and competitiveness of Serbian economy

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Ćoćkalo Dragan

2015-01-01

Full Text Available This paper presents the findings of the research dealing with the importance of corporate social responsibility (CSR and its connections with competitiveness. The authors deal with competitiveness of enterprises, as well as activities that promote socially responsible business in Serbia. Special attention is given to the review and analysis of research results of Serbian undergraduate business students' attitudes on CSR and competitiveness. In a five-year- period the research included over 3,300 examinees. The population was built on students from universities and business schools located in total 22 cities and municipalities in Serbia. The research was conducted using questionnaire. Among other, the research has shown that a number of examinees were not informed of the CSR. Students experience the Serbian economy as uncompetitive and have identified several factors that are lacking in the development of competitiveness.

Competition and stability analyses among emissions, energy, and economy: Application for Mexico

International Nuclear Information System (INIS)

Pao, Hsiao-Tien; Fu, Hsin-Chia

2015-01-01

In view of limited natural resources on Earth, linkage among environment, energy, and economy (3Es) becomes important perspectives for sustainable development. This paper proposes to use Lotka–Volterra model for SUstainable Development (LV-SUD) to analyse the interspecific interactions, equilibria and their stabilities among emissions, different types of energy consumption (renewable, nuclear, and fossil fuel), and real GDP, the main factors of 3Es issues. Modelling these interactions provides a useful multivariate framework for prediction outcomes. Interaction between 3Es, namely competition, symbiosis, or predation, plays an important role in policy development to achieve a balanced use of energy resources and to strengthen the green economy. Applying LV-SUD in Mexico, an emerging markets country, analysing results show that there is a mutualism between fossil fuel consumption and GDP; prey-predator relationships that fossil fuel and GDP enhance the growth of emissions, but emissions inhibit the growth of the others; and commensalisms that GDP benefits from nuclear power, and renewable power benefits from fossil fuel. It is suggested that national energy policies should remain committed to decoupling the relevance between non-clean energy and GDP, to actively developing clean energy and thereby to properly reducing fossil fuel consumption and emissions without harming economic growth. - Highlights: • LV-SUD is used to analyse the competition between environment-energy-economy (3Es). • The competitions between renewable, nuclear, and fossil energy are analysed. • Competition between 3Es plays an important role in policy development. • LV-SUD provides a useful multivariate framework for prediction outcomes. • An application for emerging markets countries such as Mexico is presented

Integrated model of destination competitiveness

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Armenski Tanja

2011-01-01

Full Text Available The aim of this paper is to determine the weakest point of Serbian destination competitiveness as a tourist destination in comparation with its main competitors. The paper is organized as follows. The short introduction of the previous research on the destination competitiveness is followed by description of the Integrated model of destination competitiveness (Dwyer et al, 2003 that was used as the main reference framework. Section three is devoted to the description of the previous studies on competitiveness of Serbian tourism, while section four outlines the statistical methodology employed in this study and presents and interprets the empirical results. The results showed that Serbia is more competitive in its natural, cultural and created resources than in destination management while, according to the Integrated model, Serbia is less competitive in demand conditions that refer to the image and awareness of the destination itself.

The Modeling of Competitive Positions of Enterprises of Real Sector of Economy in the Domestic Market

Directory of Open Access Journals (Sweden)

Kutsyk Valentuna A.

2017-12-01

Full Text Available Topicality of rational choice of methodical instrumentaqrium in assessing competitive positions of enterprises is substantiated. A wide list of methodical approaches to assessment of competitive positions of enterprises in market environment is presented, and the spheres of their practical application, general disadvantages and advantages, are characterized. The characteristics of matrix models (GE/McKinsey, SHELL/DPM, PIMS, BCG are presented on a selective basis, so that, proceeding from a wide range of models, supported by the proper information provision, they can be assigned as the exact ones. Given the lack of information provision, disadvantages, and advantages of existing models and considering it as a means of system management, the authors have proposed to use the map of the «portfolio of competitive advantages» in the form of a nine-celled model matrix (3x3 with two-dimensional system of coordinates. The proposed model of «competitiveness / share of the national market» is an expression of competitive position of enterprises of the real sector of economy taking into consideration dynamic influence of factors of competitive environment and, at the same time, a methodical means for substantiation of competitive strategy. However, an important step in choosing the basic variant of competitive strategy for an enterprise in the real sector of economy is to determine the functional objectives to its efficient implementation.

Management in achieving competitive advantage in Nigerian public organisations under the global economy

Directory of Open Access Journals (Sweden)

Chijioke Hope Ukanwah

2015-09-01

Full Text Available This paper explores the strategic role of human resources management in achieving competitive advantage in a global economy. Human resource management remains indispensable in engendering competitive advantage for businesses in this era of tense global competition. Productivity and competitiveness of organisations is now dependent on their employees’ ability to generate, process, and apply knowledge. Scholars and practitioners of human resources management agree that a workforce that is properly trained and managed is a source of competitive advantage. The article recognised the fact that public organisations have not really given importance to human resource management and this is responsible for their underwhelming performance. The paper recommends some HR strategies that managers can adopt to improve the quality and value of their workforce, and these range from effective talent management, continuous workplace learning, safe and healthy work environment, ICT adoption, competitive benefit system, HR planning to proper deployment of skills and expertise.

Production structure and international competition position of the German environmental protection economy; Produktionsstruktur und internationale Wettbewerbsposition der deutschen Umweltschutzwirtschaft

Energy Technology Data Exchange (ETDEWEB)

Legler, Harald; Schasse, Ulrich [Niedersaechsisches Institut fuer Wirtschaftsforschung e.V., Hannover (Germany)

2009-06-15

There exists a connection between the economic structural orientation and international competitiveness on the one hand as well as the environmental political requirements on the other hand. The environmental protection economy fits quite well the profile that Germany is demanded in the international change. Under this aspect, the authors of the contribution under consideration report on the production structure and on the international competition position of the German environmental protection economy. The authors report on (a) the production structure and production dynamics of the environmental protection industry; (b) German environmental protection economy in the international comparison; (c) Goods, building works and services for environmental protection in Germany.

Measuring Sustainable Competitiveness in Contemporary Economies—Insights from European Economy

Directory of Open Access Journals (Sweden)

Gheorghe H. Popescu

2017-07-01

Full Text Available The recent transformation of the national economies has raised numerous theoretical and practical aspects in measuring economic growth, welfare, environmental performance, and competitiveness, representing a challenging research topic within the context of economic paradigm transformation. Despite its importance, a fully operational model to be used in any context has not yet been designed. The main aim of this paper is to evaluate and analyze the macroeconomic dimension of the three determinants of sustainable competitiveness: the economic environment, the social environment, and the natural environment, at both the European and Romanian levels. This paper used the Hierarchical Clustering methodology, aiming at evaluating the global competitiveness in terms of a sustainable development model, using four indices: Human Development Index, Environmental Performance Index, Global Competitiveness Index, and GDP per capita. The clusters were designed on the basis of the role of the indices in assessment of the sustainable performances of the countries and also of the possible convergences between them. The results could sustain the conclusion that these indices are not able to offer an exhaustive image of the sustainable performances assessment. A new complex indicator could be considered in order to design a convergence model for the EU member states.

Economy of distrust (the institute of trust and its role in the regional competitiveness

Directory of Open Access Journals (Sweden)

Nadezhda Yakovlevna Kalyuzhnova

2014-03-01

Full Text Available The study is dedicated to the role of social capital in ensuring the competitiveness of the social and economic systems. The indicator of interpersonal trust is used as the important indicator of social capital. Trust and distrust are considered in the article as separate categories, the distrust and its role in the economic component of life in the regions and countries are considered. The theoretical provisions revealing the mechanisms of distrust influence on the economy and the competitiveness of economies are given. The article statistically examines the link of indicators of trust and distrust on the level of countries and Russian regions and the competitiveness of countries and Russian regions. The assessment of parameters of interpersonal trust / distrust at the level of regions of the Russian Federation and the country in general on the basis of the Public Opinion Foundation are provided. The calculations of the correlation between the scores of countries’ competitiveness and credibility of the countries on the basis of survey data from the European Social Survey (ESS, as well as the data of the World Economic Forum on the competitiveness of countries in 2008 and 2010 are also provided. Our empirical study confirmed the link between the low level of interpersonal trust and competitiveness of the Russian economy in general, and the state of the country’s institutions. At the same time, we fail to confirm the link between the indicators of interpersonal trust across regions and economic indicators. This may serve as a confirmation of the fact that regional communities have virtually no effect on the behavior and economic decisions of persons taking decisions in the regions. This can be explained by the lack of relationship between trust to the elites making decisions and their position due to the lack of selectivity of the first persons of regions and mechanisms of the real impact of the population on economic decision-making, as

Competitiveness of small-medium reactors. A probabilistic study on the economy of scale factor

International Nuclear Information System (INIS)

Trianni, A.; Locatelli, G.; Trucco, P.

2009-01-01

Smaller size reactors are able to play an important role in the worldwide nuclear renaissance. The major disadvantage of those new reactors - the unit size - would label the small-medium size reactors as not economically competitive with larger plants. But, the economy of scale law applies only if the designs are similar, which is not the case here, since the SMRs are designed with original and innovative solutions not accessible to large size reactors: the IRIS reactor is used as an example of small medium reactors (SMR), but the analyses and conclusions are applicable to the whole spectrum of SMRs. The aim of this paper is to present latest advances in the differential economical assessment of Generation Cost of SMRs compared to LRs. The international literature has started to present studies focused on the two major differential accounts of Levelized Unit Electricity Cost - Captial Costs ($/kWe) and Operation and Maintenance Costs ($/kWh) - providing deterministic values for the main cost drivers (i.e. economy of scale, multiple units, learning during construction, design characteristics and modular build, shorter construction time for CC, economy of scale location of the plant, number of units, capacity factor, learning by doing, plant obsolescence for O and M costs). Since the modern SMR market is in the early stages of development, it is necessary to consider also the uncertainties associated to current estimates of those cost drivers. When available, the uncertainty has been integrated in the Open Model assigning a probabilistic distribution to the input value of each cost driver. As Far as other cost drivers are concerned, parametric analyses are still under development and uncertainty analyses are not available: thus, conservative but realistic values for both of them have been assumed. Some reasonable future scenarios have been assumed, considering the private operator perspective for a single plant investment and postulating, among the others

Labor Market Efficiency as One of the Pillars of the Global Competitiveness of an Economy - Conclusions for the Labor Market Regimes of the EU Countries

Directory of Open Access Journals (Sweden)

Izabela Ostoj

2015-04-01

Full Text Available Labor market activity may have an effect on global economy competitiveness. This issue has been described as "labor market efficiency" (LME, which is a constituent of The Global Competitiveness Index published by The World Economic Forum (WEF. The article's purpose is to clarify the phenomenon of LME and explain the mechanisms which help the constituents affect economy competitiveness. The structure of LME points at the meaning of labor market regime, especially after considering the fact that European Union countries operate within various models of regime. The analysis of the LME diversity may help determine what type of labor market regimes are most efficient in enhancing economy competitiveness

Entrepreneurial Competition Orientation and Profitability: The Case of a Developing Economy

OpenAIRE

Marjanova, Tamara Jovanov; Sofijanova, Elenica; Davcev, Ljupco; Temjanovski, Riste

2015-01-01

The main purpose of this paper is to verify the significance of the implementation of competition orientation (CO) as a part of market orientation for the financial performance of the entrepreneurial small and medium – sized companies in a developing economy. The objectives are: 1. To measure the level of each of the variables of the scale (CO 1: The management continuously analyses the strengths and weaknesses of the competitors; CO 2: We regularly use information about our competitors in st...

COMPETITIVENESS AND INNOVATION OF THE ROMANIAN COMPANIES

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Csaba Nagy

2010-12-01

Full Text Available In front of the Romanian economy which has been integrated only for a few years, lies the challenge of competitiveness which in many cases is associated with innovation. To turn from a close center oriented economy to market economy required an enormous effort from the population and from the companies as well, but the real challenge is still to come. The requirements of competitiveness and innovation of the United European Market are compulsory, from the point of view of the Romanian entrepreneurs is vital for their survival and development. The studies made so far are not very promising. There are many things to be done, many problems are still not solved in the European Union. The European Union is behind its traditional competitors USA and Japan. This is why one of the major concerns of the EU is competitiveness and innovation.

Dynamic International Competitiveness of Transition Economies: The Case of Poland

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller

2003-01-01

This paper shows that the reform on the structures of the Polish economy has had an impressively fast effect on the numbers of different products this country exports to Western countries. The time path may well be described by a logistic curve. The change in the exports of this country may...... therefore be characterised by a widening, instead of a deepening in specialisation. The paper introduces a new empirical methodology to evaluate the dynamic changes in export activities of a country. The result of this new methodology is that quality competition is becoming increasingly important for Poland...

Steps towards an integrated eco‐economy

DEFF Research Database (Denmark)

Kjeldsen, Chris; Christensen, Bo Allesøe

2014-01-01

as an attempt to develop an integrated eco-economy, which transcends established borders between public and private organizations, private and community enterprise and between rural and urban spatial development. The specific aim of the paper is to demonstrate how modernization has decoupled urban and rural...

Statistical Physics of Economic Systems: a Survey for Open Economies

Science.gov (United States)

Tao, Yong; Chen, Xun

2012-05-01

We extend the theoretical framework of an independent economy developed by Tao [Phys. Rev. E 82 (2010) 036118] so as to include multiple economies. Since the starting point of our framework is on the basis of the theory of the competitive markets of traditional economics, this framework shall be suitable for any free market. Our study shows that integration of world economies can decrease trade friction among economic systems, but may also cause a global economic crisis whenever economy disequilibrium occurs in any one of these economic systems.

Multinationals and Institutional Competitiveness

DEFF Research Database (Denmark)

Hull Kristensen, Peer; Morgan, Glenn

This article discusses how institutional competitiveness and multinationals are mutually enriching concepts. Seen from the perspective of Multinationals, institutional competitiveness becomes expressed at two levels. At the level of corporate HQs institutional competitiveness proves itself...... competitiveness of Liberal Market Economies and Coordinated Markets Economies under the current competitive regime....

Business strategies within the knowledge economy context

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Prof. Ph.D. Gheorghe Popescu

2008-05-01

Full Text Available Competitive strategies in the fast-changing information economy are distinct from strategiesin more traditional sectors of the economy.Today, the reason the entity must consider their intangible asset is because it supports and gives coherenceto the strategy itself, and if strategically exploited can be a source of sustainable competitive advantagethrough time.Strategy deals not just with the unpredictable but also with the unknowable. Consequently, the essenceof strategy is to build a posture that is so strong, but in the same time, potentially flexible in selectiveways that the organization can achieve its goals despite the unforeseeable ways external forces may actuallyinteract when the time comes. The essence of strategy formulation is to deal with competitors. However,goal development is an integral part of strategy formulation.

Modern Paradigm of Ensuring Competitive Advantages of an Enterprise

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Klymchuk Alyona O.

2014-01-01

Full Text Available The article considers evolution of development of the paradigm of ensuring competitive advantages of an enterprise. Foreign and domestic scientists focus on individual directions of development of competitive advantages and pay insufficient attention to new management concepts – development of the information society, knowledge economy and dynamism of integration processes. The goal of the study is formation of the modern paradigm of ensuring competitive advantages of an enterprise with consideration of tendencies of development of the knowledge economy, information society and integration processes. Enterprise competitiveness is a synergetic characteristic, which reflects enterprise capability of dynamic response to changes of the market situation with the aim of keeping predominance over other economic subjects. Management of the future, on the basis of the management 2.0 concept, should take into account interests not only of top management and shareholders but also employees, local communities and territories and meet requirements of the society in general, individual groups of consumers and tendencies of development of managerial and information technologies. The paradigm of the modern theory of ensuring competitive advantages should include models of keeping competitive advantages in the existing markets and models of development of future markets; strategy of development of enterprise competitiveness, human capital development and efficient enterprise management.

Fiscal policy multipliers : The role of monopolistic competition, scale economies, and intertemporal substitution in labour supply

NARCIS (Netherlands)

Heijdra, BJ

A dynamic macroeconomic model of monopolistic competition is developed for the closed economy. Forward looking consumers demand differentiated goods, supply labour, and save part of their income in the form of shares. Producers manufacture the differentiated goods by using labour and capital. We

Competitiveness of the economy and the crisis of the European Monetary Union

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Grbić Vladimir

2014-01-01

Full Text Available The crisis in the European Monetary Union revealed the internal weaknesses of its functioning. The evolution of the EMU was not accompanied by appropriate structural transformations. The prerequisite for optimal currency area on its endogenous character is not sufficiently confirmed. It was found that the competitiveness of the euro area economy worsened compared to the relevant competitors in the world. A uniform operation of the single currency has contributed to the deepening of the differences in competitiveness among members. In the longer term, the current recession has slowed the development of the EMU and raises the question of its survival. In front of the EMU's members is a long road of the structural adjustments. In order to adapt to the European crisis adequately, Serbian finance highly dependent on euro must choose an appropriate exchange rate regime.

Interstate Economic Integration - Essential Characteristic of the Contemporary World Economy

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Ramona Mariana CALINICA

2016-04-01

Full Text Available After the Second World War, the world economy became more and more characterized by an intensification of economic relations between different countries. The complex and diverse problems that faced the states, have imposed necessity for the identification of appropriate solutions to economic cooperation and economic interstate integration was considered an effective way to development and an answer to all these problems. The purpose of this article is to analyze the integration process of interstate economic integration in all its essential aspects. The study begins with the definition of the concept and continues with the analysis of the forms of interstate economic integration and the main organizations of this kind that existing in the world economy nowadays.

Technological Innovation and Competitiveness in The Global Economy: India's Changing Status and Its Implications

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Bala Subrahmanya Mungila Hillemane

2013-09-01

Full Text Available   This paper probes the changing innovation status and resultant competitiveness in the context of global economy and questions the recent ranking improvements of India on the basis of hard economic facts. This paper has made use of secondary data comprising innovation indices and competitiveness rankings published by international organizations and reputed business schools from time to time since 1996 to analyze the changing status of India internationally. Later, using secondary data on key macro-economic variables published by the Government of India, the recent ranking of India is closely examined as well as recent steps taken by the government of India to improve competitiveness is elaborated. The study throws light on the changing but improving innovation dimensions and competitiveness ranking of India since 1996 till 2010. From nowhere India emerges and occupies the second slot, after China, in the global competitiveness ranking. But hard core macro-economic variables do not justify India’s elevation to the top in any way. Given this, the study throws light on the recent policy measures announced by the Government of India and its implications as well as policy imperatives.

GLOBAL COMPETITIVENESS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT: THE ROMANIAN CASE

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Cecilia – Nicoleta Jurcuț (Aniș

2015-09-01

Full Text Available In an increasingly open and integrated world economy, competitiveness and sustainability have become a central preoccupation of both advanced and emerging countries. Thus, the goal of this paper is to research the interconnection between the competitiveness and sustainable development factors, based on the development of the concepts and current research tendencies. Using extensive data over a period of 10 years, this study explores and tests the sign of the relationship between national competitiveness and sustainable development indicators. Our findings are the basis of developing new models describing the relationships between competitiveness, economic growth and sustainability, justified by the need of sustainable economy’s development to increase the national competitiveness, in order to attract financial resources necessary for financing the growth of the economy and economic entities.

Competitiveness of Workplaces as a Prerequisite for Decent Work: Realities of the Ukrainian Economy

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Herasymenko Oksana O.

2017-09-01

Full Text Available The aim of the article is the theoretical and applied substantiation of competitiveness of workplaces as a defining feature and component for provision of decent work. The author’s interpretation of the concept “competitiveness of workplaces” and signs of its manifestation in different aspects of social and labor relations are given. Suggestions for improving the methodological structure of the certification of workplaces in the context of determining the components of their competitiveness are outlined. The necessity of implementing a number of measures to create new high-tech workplaces and modernize the existing ones with the aim of bringing their level to the competitive one is justified. The results of analyzing individual indicators of competitiveness of workplaces in the economy of Ukraine for 2006-2015 are presented. It is proved that under conditions of the entry of Ukraine into the European space, the dominant factor in increasing the competitiveness of workplaces is the modernization of the existing ones and bringing them to the level of high-tech and high-performance ones. It is noted that the theoretical and methodological basis for assessing the level of competitiveness of workplaces and determining the directions for its improvement is formed by the concept of decent work and the indicators of decent work deficit that are singled out on its basis.

MODELLING OF THE POSSIBLE INTEGRATION CONSEQUENCES OF THE ECONOMY OF UKRAINE INTO THE ECONOMIES OF THE EUROPEAN UNION OR RUSSIA

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Lesya Buyak

2016-11-01

Full Text Available The purpose of the paper is to mathematically reproduce the process of economic partnership between the two countries and its qualitative analysis, which include the following goals: to identify feasible outcomes, to formulate requirements for the selection of control parameters and coefficients, to give economic reasoning of the results of modelling and to provide alternative scenario of economic cooperation. Methodology. A method of mathematical modelling has been applied to investigate the possible socio-economic impact of integration of Ukraine into the EU economy. We are describing the basic mathematical model of the economy of Ukraine and two mathematical models of the possible convergence with the economies of the European Union or Russia. The results of modelling are reflected by the capacity of relevant dynamic systems and the quantitative distribution of savings. Results. On the basis of economic analysis of mathematical dependence, the conclusions on the possible economic consequences of integration of Ukraine into the economy of the European Union or Russia have been established. Practical implications. It has been found that a step towards the European Union (EU requires the alteration of principles of economic management, timely government control. This should be done in the process of restructuring of social standards and commercial activity in terms of traditional forms of management of enterprises with low financial capacities. The process of convergence with the economy of Russia leads to conservation of the modern type of economy with many disadvantages of commercial management and government control as well as limitation of economic and political freedoms and growth of political instability in the country. Value/originality. The got results extend modern economic and mathematical tool for research of integration processes and acceptance of the proper economic decisions. Formalization of models of economy taking into account

Prerequisites for Forming the Institutional Concept of the National Economy Competitiveness under Conditions of Globalization

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Yaremenko Oleh L.

2015-03-01

Full Text Available The article attempts to prove that under conditions of globalization there have developed objective and subjective prerequisites for forming the institutional concept of the national economy. The objective prerequisites are the newest information and communication technologies, post-industrial trends and market transformation of civilization intensified by globalization. Under such conditions instability and volatility of the institutional environment both within national economies and at the international level are observed. The aggravation of the global competition between national economies actualizes the role of such institutional factors as political system, property, public administration, economic organization, culture, etc. The subjective prerequisites are related to the fact that the institutional economic theory is currently one of the leading trends in the modern world and Ukrainian economic thought. Interest in it is explained not only by the fact that it overcomes the limitations of a number of prerequisites for the mainstream, but also because it allows considering the modern economic processes in complex

Achieving competitiveness through supply chain integration

DEFF Research Database (Denmark)

Arlbjørn, Jan Stentoft; Wong, Chee Yew; Seerup, Søren

2007-01-01

Supply chain development can take place in several steps, from functional optimisation, then internal integration, dyadic integration and last, integration in chains and networks. Before external integration gives true value, order in own house must be achieved. This paper presents a case study...... of a Danish manufacturer that has gone through a major transformation process, and the paper intends to discuss how such a Business Process Reengineering (BPR) project aimed to achieve internal integration. The paper demonstrates how improved competitiveness can be obtained through a synchronous...

What drives employment growth of Canadian Businesses? A Fresh Look at Indicators of Agglomeration Economies when Competition and Diversity Matter

DEFF Research Database (Denmark)

Wang, Cong; Steiner, Bodo

2014-01-01

This study investigates indicators of external scale economies in Canada for the period 2004-11. Accounting for firm-level external scale forces, we explore the extent to which external scale economies impact employment growth. Our analysis focuses on three factors: the impact of external scale...... economies accounting for Marshallian specialization and Jacobs diversity, competition by industry, and related and unrelated firm varieties in terms of employment and sales. Results accounting for non-linearity between employment growth and agglomeration suggest that in the short run, during the period 2004...

The structural transformation of the economy of Russia: administrative aspect of formation and implementation of competitiveness in the context of its personnel

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T. S. Popova

2013-01-01

Full Text Available It were developed in this article the author's scientific and practical approach, methodology, and managerial tools allowing to construct and implement the policy of the competitiveness of the national economy in its personnel division at the federal, regional and enterprise levels, providing a selection and recruitment of qualified personnel capable of update the socioeconomic mechanism of public administration. Groups of industries of national economy were studied depending on the level of competitiveness of their products, trends, characteristics and factors of policy selection and recruitment in the civil service and industry sectors on example of CBEER - CFD.

MACROECONOMIC ASPECTS OF COMPETITIVENESS

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Oleg Hooke

2017-09-01

Full Text Available In the process of globalization of world economic processes, the role of individual national economies increases, comparative advantages of the development of a country are formed, and their competitiveness is ensured. That is why it is worth emphasizing the importance of increasing the competitiveness of each individual country, based on its internal capacity. In a broad aspect, the competitiveness of the national economy is perceived as the ability of the country to ensure the balance of its external proportions and to avoid those constraints imposed by the foreign economic sphere, to self-organizing the improvement of their world economic ties. The competitiveness of the economy at the macro level is associated with the duration of the cycle of reproduction of the main productive assets and, accordingly, the jobs, productive forces of society and determined by the overall economic efficiency of investment. The criteria of competitiveness of the national economy are the growth of social productivity of labor, increase of social and economic efficiency of production and standard of living of the population. The competitiveness of the national economy determines sustainable socio-economic development of the country, as well as sustainable development predetermines the competitiveness of not only the country, but also all its levels. Scientific results are obtained using special methods of research of economic objects and phenomena, that is, based on the correlation and regressive, comparative analysis (establishing the relationship between the indicator factor, as well as economic modeling. Findings. Generalizing analysis and the importance of the macroeconomic aspect of competitiveness were used in the research paper, which will allow to better respond to the economic situation, in accordance with the trends of the “green” transformation of the economy; which in turn will solve important problems of the development and implementation of its

COMPETITION AS MARKET MECHANISM

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N. Ya. Kazhuro

2015-01-01

Full Text Available The essence of a competition as an objective law for development of the commodities production based on private ownership of the means of production and commodity exchange has been revealed in the paper. The paper presents an economic basis of market economy (private ownership which generates a corresponding production objective. Such purpose is a maximization of profit and a minimization of market subject expenses. Therefore, a struggle for the most favourable conditions on commodity production and sales is inevitable in such situation. The struggle is considered in the community with developed market economy as a competition.The competition is regarded not as an exogenic factor exerting its influence on market economic system from the outside, but as an objective phenomenon which is inherent to management market system in itself. Such treatment is substantiated by economic disintegration of individual commodity producers. Being an important engine of market economy, the competition does not establish its laws, and its role is to be an executive of data which are internally inherent in commodity production laws and firstly it concerns a profit maximization law which defines a purpose and guiding motif of economic entities in the given economy.The competition plays a contradictory role under conditions of market economy. On the one hand, it makes manufacturers constantly to aspire to expense reduction for the sake of profit increase. This has resulted in labour productivity increase, production cost decrease and a company receives an opportunity to reduce retail price for its products. Consequently, the competition acts as a potential factor for lowering of prices while increasing production efficiency. On the other hand, sellers have more freedom in price fixing under conditions of imperfect competition as they sell their products under the conditions of a monopolistic competition or an oligopoly. This is the main weakest point of the market

MEASURING COMPETITIVENESS OF ECONOMIC ENTITIES

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MUNGIU-PUPĂZAN MARIANA CLAUDIA

2013-12-01

Full Text Available A competitive structure of a national economy is influenced by the competitiveness of each of the actors made the national economy. In other words, to achieve competitive economic structure shall contribute all sectors of the national economy and hence all branches of the national economy, all organizations within each branch. Thus, the productive sectors of the economy contribute by increasing their competitiveness, GDP growth, added value, while other branches making a contribution through activity, increased quality of life (health, culture, social in training skilled labor (education to ensure effective functioning of the judiciary, protection of private property and citizen safety, lower crime rate (police, reducing the risk of political instability, increasing social cohesion, social disparities (richness and extreme poverty, and discrimination against women and minority groups. Human resources are probably the most important factor determining the competitiveness of an area. The ability of a country to move up the value chain is closely related to human resource capability. In understanding the competitive evaluation is important to assess not only in terms of education, improvement, skills and work experience, but also in terms of other attributes, more difficult to measure, as entrepreneurial relationships, creativity and risk tolerance. Secondly, we must accept that individual productivity is determined by external factors. Latent potential of the individual can develop when the person moves to another environment that provides better and more opportunities. Currently structural changes to remain competitive obtaining essential parameters of the Romanian economy to cope with competitive pressures of the single European market.

The evolution of competition in banking in a transition economy: an application of the Panzar-Rosse model to Armenia

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Armenuhi Mkrtchyan

2005-06-01

Full Text Available The structure of the banking industry typically undergoes fundamental changes during the transition to a market economy. This research employs the method suggested by Panzar and Rosse (1987 to evaluate the empirical evidence on the evolution of competitive structure in the Armenian banking industry during its recent transition and on the possible forces—market power or efficiency/contestability—that underlie that evolution. The results point to monopolistic competition.The reduction of bank numbers and the simultaneous increase in concentration is accompanied by a decline in competition intensity, which supports the market-power hypothesis

THE IMPACT OF INNOVATION PERFORMANCE ON THE COMPETITIVENESS OF THE VISEGRAD 4 COUNTRIES

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Eva Ivanová

2018-03-01

Full Text Available The economic development of world economies accompanied by their growing openness and stronger integration processes put pressure on mutual confrontation of their economic power based on its determinant sources. International comparison requires determining a complex of factors that affect the success of developed economies; factors that, given their multiplier effects, influence the social productivity of labor in a country and create a competitive advantage in an international comparison. A key factor of the states’ increasing competitiveness is assumed to be the innovation performance of enterprises, which is projected through innovative business processes into the innovation performance of the economy as a whole. This paper determines the impact of their innovation performance on their international competitiveness position observed by the Global Economic Forum based on the Global Competitiveness Index (GCI. To assess the impact, the following economic-statistical methods were used: comparative and correlation analyses and logical deduction. Data from the World Economic Forum (WEF, European Innovation Scoreboard (EIS, and Eurostat database were used to process the assessment. The results of the research have led to the conclusion that the Visegrad 4 (V4 countries as transition economies in terms of their economic development are quite similar, but in the ranking of global competitiveness, their position varies depending on the innovative performance. The Czech economy is the best performing of the four, while the worst indicators are attributed to the economies of Slovakia and Hungary. The economy of Poland has a relatively balanced development. The results of these analyses have led to the creation of a discussion platform focused on the evaluation of the innovation potential status and its determinants in Slovakia, with the aim of pointing out critical areas in the country’s competitiveness growth on an international scale.

Linkages and Vertical Integration in the Chinese Economy.

OpenAIRE

Heimler, Alberto

1991-01-01

The original concept of vertical integration can be applied only to the analysis of the relationship between final demand and gross output, but is unsuitable for most of supply-oriented studies, where what matters are the interindustry relations. For example, vertical integration of an industrial district with the rest of the economy cannot be measured with the traditional technique and should be accounted for by a different measure that considers the direct and indirect demand derived from t...

The Wolf and the Caribou: Coexistence of Decentralized Economies and Competitive Markets

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Andreas Freund

2018-05-01

Full Text Available Starting with BitTorrent and then Bitcoin, decentralized technologies have been on the rise over the last 15+ years, gaining significant momentum in the last 2+ years with the advent of platform ecosystems such as the Blockchain platform Ethereum. New projects have evolved from decentralized games to marketplaces to open funding models to decentralized autonomous organizations. The hype around cryptocurrency and the valuation of innovative projects drove the market cap of cryptocurrencies to over a trillion dollars at one point in 2017. These high valued technologies are now enabling something new: globally scaled and decentralized business models. Despite their valuation and the hype, these new business ecosystems are frail. This is not only because the underlying technology is rapidly evolving, but also because competitive markets see a profit opportunity in exponential cryptocurrency returns. This extracts value from these ecosystems, which could lead to their collapse, if unchecked. In this paper, we explore novel ways for decentralized economies to protect themselves from, and coexist with, competitive markets at a global scale utilizing decentralized technologies such as Blockchain.

Steps towards an integrated eco-economy

DEFF Research Database (Denmark)

Kjeldsen, Chris; Christensen, Bo Allesøe

Twenty years ago, the Danish city Randers still suffered from the effects of an economic restructuring process, which had closed many of the traditional industries of the city. In many ways, the challenge for the city of Randers was to reinvent itself. Today, an overall renaissance of the city is...... in Randers constitutes a case of an integrated rural and urban eco-economy, which transcends established borders between public and private organisations, private and community enterprise and between rural and urban spatial development....

JAL/JAS Integration: Toward a New Era of Competition

Science.gov (United States)

Kanenari, Hideyuki

2003-01-01

On October 2, 2002, JAL and JAS established a new holding company after obtaining the necessary approval from the government bodies. Full integration is planned to take place in April 2004. This paper will primarily explain how JAL/JAS integration will enable JAL to compete effectively with ANA, the giant in the domestic market, and how it will reinforce JAL's competitiveness through further cost reduction and revenue enhancement. In addition, the paper will explain how the keener domestic competition brought about by this integration could resolve the following two issues for the first time in the Japanese aviation history. Those two issues are: (1) providing better service to domestic customers, and (2) making Japanese airlines more competitive against foreign airlines in the international market. As a result, the paper will argue that such an integration, a logical outcome of the post-war civil aviation history of Japan, will significantly benefit customers, Japanese aviation industry and Japanese society as a whole.

Competition policies and environmental quality: Empirical analysis of the electricity sector in OECD countries

International Nuclear Information System (INIS)

Asane-Otoo, Emmanuel

2016-01-01

Over the last decades, electricity markets across OECD countries have been subjected to profound structural changes with far-reaching implications on the economy and the environment. This paper investigates the effect of restructuring – changes in entry regulations, the degree of vertical integration and ownership structure – on GHG emissions. The findings show that competition policies – particularly reducing the degree of vertical integration and increasing privatization – correlate negatively with emission intensity. However, the environmental effect of reducing market entry barriers is generally insignificant. Integration of competition and stringent environmental policies are required to reduce GHG emissions and improve environmental quality. - Highlights: •Empirical study on competition policies and GHG emissions from the electricity sector. •Product market regulation scores for OECD countries are used to measure the extent of competition. •Evidence of a positive relationship between competition policies and environmental quality. •Integration of competition and stringent environmental policies is recommended.

Selection of Mergers and Acquisitions by Foreign Capital in Open Economies

Institute of Scientific and Technical Information of China (English)

ZHENG Ying-fei; CHEN Hong-min; XU Li

2007-01-01

By a linear Cournot model, the factors associated with the integration of two firms are discussed in terms of their effects on the private surplus and the social welfare in economies with varying extent of openness. Meanwhile, the trade policy of the host government is taken into account. It is concluded that the more open the economy and the more intense the competition, the less profitable the integration; the most important determinant to the changes of the domestic social welfare is the industry strength of the host country. The host authority can enhance the domestic social welfare in two ways: to adjust the trade policy and to only approve the socially desirable cross-border mergers and acquisitions.

Integrating Into the Global Economy Through Services. The Case of Romania

Directory of Open Access Journals (Sweden)

Agnes Ghibuțiu

2014-04-01

Full Text Available Services represent a most important and dynamic frontier of international trade and investment. The steady expansion of trade in services and its relative resilience in the recent crisis, coupled with its key role in global production networks and its increasing potential in attracting investment provides new opportunities for countries to grow their economies and integrate into the global economy. Drawing on insights from current literature and relying on balance of payments and trade in value-added statistics, this paper examines the main developments shaping Romania’s services trade over the post-crisis years. Its aim is to assess whether the country is grabbing the new opportunities arising from services globalization. It finds that following the dramatic crisis-induced decline in the value and performance of Romania’s services trade, the outlook is now radically improving as evidenced by the strongly rebounding services flows and net exports. Nonetheless, the country’s integration into the global economy through services flows continues to remain below its potential.

[Ecological misunderstanding, integrative approach, and potential industries in circular economy transition].

Science.gov (United States)

Wang, Rusong

2005-12-01

Based on the Social-Economic-Natural Complex Ecosystem theory, this paper questioned 8 kinds of misunderstandings in current planning, incubation, development, and management of circular economy, which had led to either ultra-right or ultra-left actions in ecological and economic development. Rather than concentrated only on the 3-r micro-principles of "reduce-reuse-recycle", thise paper suggested 3-R macro-principles of "Rethinking-Reform-Refunction" for circular economy development. Nine kinds of eco-integrative strategies in industrial transition were put forward, i.e., food web-based horizontal/parallel coupling, life cycle-oriented vertical/serial coupling, functional service rather than products-oriented production, flexible and adaptive structure, ecosystem-based regional coupling, social integrity, comprehensive capacity building, employment enhancement, and respecting human dignity. Ten promising potential eco-industries in China's near-future circular economy development were proposed, such as the transition of traditional chemical fertilizer and pesticide industry to a new kind of industrial complex for agro-ecosystem management.

Integrating into the Global Economy through Services. The Case of Romania

Directory of Open Access Journals (Sweden)

AGNES GHIBUŢIU

2014-05-01

Full Text Available Services represent a most important and dynamic frontier of international trade and investment. The steady expansion of trade in services and its relative resilience in the recent crisis, coupled with its key role in global production networks and its increasing potential in attracting investment provides new opportunities for countries to grow their economies and integrate into the global economy. Drawing on insights from current literature and relying on balance of payments and trade in value-added statistics, this paper examines the main developments shaping Romania’s services trade over the post-crisis years. Its aim is to assess whether the country is seizing the new opportunities arising from services globalization. It finds that following the dramatic crisis-induced decline in the value and performance of Romania’s services trade, the outlook is now radically improving as evidenced by strongly rebounding services flows and net exports. Nonetheless, the country’s integration into the global economy through services flows continues to remain below its potential.

COMPETITIVENESS - KEY ISSUES OF THE ROMANIAN ECONOMY

Directory of Open Access Journals (Sweden)

Gabriela-Liliana, CIOBAN

2014-11-01

Full Text Available Based on the theory that competitiveness plays an increasingly powerful role in creating prosperity, wealth, a large number of economists, researchers, scientists, highlight a number of approaches aimed, on the one hand, on the analysis of competitiveness at national or regional level, and on the other hand, on the ability of local firms to achieve competitive products and to commercialize them in the extern markets. In this context we aim to analyze and develop strategies and methods to help identify competitive areas at a national level. This is necessary because in our opinion the competitiveness of a company and / or country is more than wealth itself; it means a systematic process of wealth creation, plus a social system in which most citizens have access to material wealth. We consider in this respect that a country cannot automatically be considered competitive only if it is rich in natural resources. In our view, a competitive country creates wealth through labor, talent and organization and thus it manages to have a productive and creative potential making it independent of material resources.

Impact of Clusters on Innovation, Knowledge and Competitiveness in the Romanian Economy

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Cristina VLĂSCEANU

2014-06-01

Full Text Available The concept of clusters has become extremely popular in the recent years, as more and more practitioners and theorists refer to it.From my point of view, clusters are the ideal structure for some companies to build their skills, knowledge and know-how together. To the same extent, this form of organization enables the creation of common structures / facilities, which allows the smaller firms or the ones that lack experience to learn from the ones with more experience and to benefit from their more advanced capabilities, and thus to grow together. Moreover, the participation, collaboration and cooperation of universities, institutes, research centers and other organizations/entities inside a cluster undoubtedly leads to the growth of the economic development of the region, from which the cluster is part of. In the case of Romania, the eight development regions could greatly benefit from the formation and implementation of clusters. With the shift to a knowledge-based economy and society, the difference, made by clusters and creative networks that promote innovation, is now clear. Thus, the purpose of this paper is to outline the benefits that can come from the development of clusters, and to highlight the impact of clusters on innovation, knowledge and competitiveness in the Romanian Economy.

10th Handelsblatt annual 'power economy' conference

International Nuclear Information System (INIS)

Anon.

2003-01-01

Deregulation, internationalization, and EU enlargement within the confines of sustainability and competition were the overriding topics of this year's 10th Handelsblatt annual 'Power Economy' conference. Leading presenters from politics, industry, public authorities, and administration gave papers on these subjects for subsequent discussion. Expectations of Europe were clearly underlined. Europe has an important key function in the integration and shaping of a future energy supply system in the light of all societal, political, economic, and ecological factors. (orig.)

Functionality of the Kosovo Competition Authority on the basis of European Union standards a guarantee for loyal economy in Kosovo

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Armand Krasniqi

2015-07-01

Full Text Available Legal regulation of market mechanisms and the implementation of economic policies for a fair competition in TEs is a challenging issue. The competition is a complex economic phenomenon that is manifested and characterized by the strength and content that gives to the market economy. In Kosovo specific economic entities, in one way or another, are tempted to gain as much buyers or markets and create much more profits. The problem is connected with the irregularity. Such behavior and unfair actions are not only damaging the image of the country but are a serious threat the harmonious development of the national economy and the country’s accession process to the EU. The parliament of Kosovo established the Kosovo Competition Authority as an independent institution with special competences to control and fight this negative phenomenon. Based to official data it turns out that the effectiveness of this institution is not only incomplete but also non-functional. This is because of the “ignorance” and non-adequate treatment that is reserved for this authority by the parliamentary and governmental institutions. All this because the members are not elected based to regular procedures and not allocating the necessary financial means to operate. At least so far, the Kosovo Competition Authority was not allowed to hire professionals with clear competences to act and investigate the negative phenomenon of unfair competition. Certainly, this situation does not guarantee effective implementation of laws and quality protection of competition. Therefore, the mobilization of parliamentary and governmental levels is needed to enhance professional capacities and increase their competence in scope of the investigation including cooperation with prosecutors and courts. These actions should be reconsidered with the aim of creating a competitive safe environment for all operators. To conclude, the loyal competition policies and legislative framework should be

Apples and Oranges Mean a New Fruit Crop: New Business Plan Competition Model Integrates Economic and Community Development

Science.gov (United States)

Feldman, Jacqueline; Oden, Lisa Derby

2007-01-01

Mount Wachusett Community College Entrepreneurial Resource Center Business Plan Competition brings together stakeholders across all economic sectors to bolster the regional economy. It also highlights entrepreneurs as a viable career choice. The competition disintegrates existing silos, provides education to all entrants, and gives business…

A test of vertical economies for non-vertically integrated firms: The case of rural electric cooperatives

International Nuclear Information System (INIS)

Greer, Monica L.

2008-01-01

This paper seeks to evaluate unrealized economies of vertical integration for rural electric cooperatives. Given the well-established network economies that are inherent in the generation, transmission, and distribution of electricity, the coops long-standing choice of market structure is questionable (especially if their strategy is welfare maximization). Organized as either generation-and-transmission or distribution-only, the traditional measures of vertical economies will not work. Thus, I have devised an alternative method by which to measure such economies and find that, on average, cost savings in excess of 39% could have been realized had the coops adopted a vertically integrated structure. (author)

Progress in integrated energy-economy-environment model system development

International Nuclear Information System (INIS)

Yasukawa, Shigeru; Mankin, Shuichi; Sato, Osamu; Tadokoro, Yoshihiro; Nakano, Yasuyuki; Nagano, Takao

1987-11-01

The Integrated Energy-Economy-Environment Model System has been developed for providing analytical tools for the system analysis and technology assessments in the field of nuclear research and development. This model system consists of the following four model groups. The first model block installs 5 models and can serve to analyze and generate long-term scenarios on economy-energy-environment evolution. The second model block installs 2 models and can serve to analyze the structural transition phenomena in energy-economy-environment interactions. The third model block installs 2 models and can handle power reactor installation strategy problem and long-term fuel cycle analysis. The fourth model block installs 5 models and codes and can treats cost-benefit-risk analysis and assessments. This report describes mainly the progress and the outlines of application of the model system in these years after the first report on the research and development of the model system (JAERI-M 84 - 139). (author)

Neo-industrialization of Kuzbass economy in innovative development of coal industry and machinery

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Balabanova Anna

2017-01-01

Full Text Available As part of rental-resource model and access restrictions to capital and new technologies, the attempts to encourage import substitution made by the government do not generate innovative type of economic development and reconstruction of economy’s manufacturing industry competitive on the domestic market. In conditions of searching for a new model of Russian economy development the analysis of a number of problems such as industry degradation, reducing the competitiveness of Russian producers, the growth of structural imbalances and overcoming the negative macroeconomic trends becomes strategically important. This raises the value of neo-industrialization as the integrator of resource security, scientific and industrial potential of Russian economy and high capacity of the domestic market in the innovative development system. A special role neo-industrialization plays for the economic development of old industrial regions, which include Kuzbass (Western Siberia, Russia. Neo-industrial development of Kuzbass economy should be initiated by the technological modernization of mining machinery and innovative development of coal industry.

Animal spirits, competitive markets, and endogenous growth

Science.gov (United States)

Miyazaki, Kenji

2013-10-01

This paper uses a simple model with an endogenous discount rate and linear technology to investigate whether a competitive equilibrium has a higher balanced growth path (BGP) than the social planning solution and whether the BGP is determinate or indeterminate. The implications are as follows. To start with, people with an instinct to compare themselves with others possess an endogenous discount rate. In turn, this instinct affects the economic growth rate in a competitive market economy. The competitive market economy also sometimes achieves higher economic growth than a social planning economy. However, the outcomes of market economy occasionally fluctuate because of the presence of the self-fulfilling prophecy or animal spirits.

Corporate governance and competitiveness in the context of Serbian approaching to EU

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Knežević Vladimir

2016-01-01

Full Text Available The theme of this work is corporate governance and competitiveness of Serbia in the context of approaching the European Union. Serbia is a country in the process of admission to this integration, for which it must fulfill a number of conditions. The most important conditions, besides political, are economic, and their very essence may be defined as an increase in competitiveness of its economy. Our goal is to point out the connection between these two issues and the phenomenon of corporate governance. To this end, among the indicators for measuring the competitiveness of the economies in the world, used by the World Economic Forum, we have chosen those who are directly connected to the internal and external mechanisms of corporate governance. In comparative analysis we have used the latest results in this area that are related to Serbia and its neighboring countries. Comparing those who are members of the European Union, but also those who belong to the candidate group, we concluded that Serbia lags behind both groups according to most of the analysed indicators. In this way, we have shown that corporate governance is essential segment of competitiveness of the national economy, and that Serbia lags behind all comparable countries in meeting the economic criteria for admission to the European Union. It was concluded that in the process of approaching the European Union, Serbia must improve the competitiveness of its economy, and one way is to raise the quality of corporate governance in it, because these are firmly related phenomena that have an intense mutual influence.

Radiation processing and market economy

International Nuclear Information System (INIS)

Zagorski, Z.P.

1998-01-01

In the system of totalitarian economy, regulated by bureaucracy, the real value of equipment, materials and services is almost completely unknown, what makes impossible the comparison of different technologies, eliminates competition, disturbs research and development. With introduction of market economy in Central and Eastern Europe, the radiation processing has lost doubtful support, becoming an independent business, subject to laws of free market economy. Only the most valuable objects of processing have survived that test. At the top of the list are: radiation sterilization of medical equipment and radiation induced crosslinking of polymers, polyethylene in particular. New elements of competition has entered the scene, as well as questions of international regulations and standards have appeared

The impact of the energy cost on the competitiveness of the manufacturing industry. A review of the contributions of research in economy

International Nuclear Information System (INIS)

Bordigoni, Mathieu

2013-01-01

After a large introduction on the variations of energy prices (in relationship with energy sources, with end users, with competitiveness), on what can be found in the literature on competitiveness in the industry in relationship with energy, and on the current debates on energy prices and energy transition, this report discusses the variations of energy prices among countries and among industrial sectors, outlines that high oil prices threaten more economic growth than competitiveness, notices that countries possessing abundant energy resources tend to be specialised in intensive industries, that energy prices tends to have an important impact on competitiveness in some specific sectors, outlines that shale gases boost the demand of the whole American economy but that the associated competitiveness improvement rather concerns energy intensive sectors, and finally discusses the energy issue at a European level

The political economy of competition in telecommunication

DEFF Research Database (Denmark)

Henten, Anders; Skouby, Knud Erik

1998-01-01

Article dealing with the regulation of telecommunications and the establishment of a competitive regime.......Article dealing with the regulation of telecommunications and the establishment of a competitive regime....

The transition from industrial (traditional to new (information economy

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Ilić Bogdan B.

2004-01-01

Full Text Available At the end of 20th century a new economy and a new information society emerged, as a result of achieving the third and the transition to the fourth scientific and technological revolution. The basis of this new economy lies in the transition from the industrial production to the production based on information and technology. The new economy contributes to changing the character of the factors of production, the structure of the value produced the motives of production, the workers’ position (robots replacing slaves etc. Besides labor, capital, land and entrepreneurship, information appears to be the fifth and the most important factor of production. The Internet is becoming the foundation of the new economy and contributes to changing the way people learn and do research, as well as to reducing the burden of administration, changing the way of competition, reducing operating costs crossing national borders and leading to the process of globalization of the world economy into an integral entity. Some basic characteristics of this new economy are the following: the information basis of production, rapid changes of products, flexible production systems, network organization of production, integration, services backed by products, skills and knowledge generalization, education, knowledge and talent becoming the most important factor of the socio-economic growth and development, etc. The new economy leads to a number of advantages when compared to the traditional one. However, it also has a number of negative consequences: pollution indebtedness of underdeveloped countries, widening the gap between the development level of regions, countries and individuals, growing inflation unemployment etc. But the new economy is objectively conditioned and the task of each national economy is to determine the most favorable way of its incorporation into this new economy (globalization.

Integrated assessment technology in management of competition efficiency in business corporations

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Savel’eva Nadezhda

2017-01-01

Full Text Available To date, the banking sector is subsidized. the state co-finances players in the domestic banking sector against the background of reduced availability of foreign debt financing. on the one hand is an additional source of competitive advantages, on the other hand, the question is how commercial banks use their capabilities. In a fast growing sector of banking services, increased competition, rapid growth in the breadth and richness of banking service range it is necessary to use the entire arsenal of marketing tools that determine the competitiveness of services and effectiveness of company. The economic importance of technologies development for integrated assessment of competition efficiency is that banks have to be able to use different methods of competition for adaptation to ambient conditions changes and ensure competitive success. The article describes an integrated assessment approach to effectiveness of management of price and non-price competition in business corporations based on sample of banking market. The technology that proposed in article helps to identify the main target segments of consumers, investigate the influence and perception factors of price and non-price competition to the banking service consumers; to form the main ways and directions in management of competition efficiency; to evaluate the effectiveness of interventions.

Competitiveness in organizational integrated computer system project management

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Zenovic GHERASIM

2010-06-01

Full Text Available The organizational integrated computer system project management aims at achieving competitiveness by unitary, connected and personalised treatment of the requirements for this type of projects, along with the adequate application of all the basic management, administration and project planning principles, as well as of the basic concepts of the organisational information management development. The paper presents some aspects of organizational computer systems project management competitiveness with the specific reference to some Romanian companies’ projects.

PRICES IN COMPETITIVE SYSTEM

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VADUVA MARIA

2017-08-01

Full Text Available Regularities of competitive market determine rules for determining prices and their dynamics. Orientation prices to competition (competitive pricing is the strategy most frequently used in countries with market economies and especially for exports. Moreover, in an economy dominated by market competition it cannot be ignored without certain risks the prices resulting from competition between products bidders. Companies that use this type of strategy seek to maintain a level of prices linked to that charged by other competitors (or exporting producers generally no longer covering production costs or demand, relying on the assumption that the average market price is a reasonable basis of costs. But the way how practical guidance and reporting to the competition in every price strategy, will be determined by the company's market position, by the available power and enjoyed prestige, objectives and prospects of its market share etc. according to these elements, there may be several versions of pricing strategies oriented to competitors.

Alterations to multisensory and unisensory integration by stimulus competition.

Science.gov (United States)

Pluta, Scott R; Rowland, Benjamin A; Stanford, Terrence R; Stein, Barry E

2011-12-01

In environments containing sensory events at competing locations, selecting a target for orienting requires prioritization of stimulus values. Although the superior colliculus (SC) is causally linked to the stimulus selection process, the manner in which SC multisensory integration operates in a competitive stimulus environment is unknown. Here we examined how the activity of visual-auditory SC neurons is affected by placement of a competing target in the opposite hemifield, a stimulus configuration that would, in principle, promote interhemispheric competition for access to downstream motor circuitry. Competitive interactions between the targets were evident in how they altered unisensory and multisensory responses of individual neurons. Responses elicited by a cross-modal stimulus (multisensory responses) proved to be substantially more resistant to competitor-induced depression than were unisensory responses (evoked by the component modality-specific stimuli). Similarly, when a cross-modal stimulus served as the competitor, it exerted considerably more depression than did its individual component stimuli, in some cases producing more depression than predicted by their linear sum. These findings suggest that multisensory integration can help resolve competition among multiple targets by enhancing orientation to the location of cross-modal events while simultaneously suppressing orientation to events at alternate locations.

Knowledge based economy in European Union

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Ecaterina Stănculescu

2012-04-01

Full Text Available Nowadays we assist at a fundamental change from the economy based mainly on resources to the one based mostly on knowledge. The concept has been launched in the last decade of the past century. The knowledge became a production agent and a value creation instrument for whatever country and of course for an entire community like European Union which is constantly concerned by its development and competitiveness. This paper presents the principal characteristics of the present EU preoccupations with the expansion of a knowledge based economy through the 2020 European Development Strategy for smart, sustainable and inclusive economy, and especially for the Framework Programs (Framework Programme 7 and Competitiveness and Innovation Framework Programme.

Russia's accession to the WTO as an important factor of the country's integration into the world economy

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Linetsky Alexander

2011-12-01

Full Text Available Russia's accession to the WTO is an efficient instrument of the country's integration into the globalized world economy. However, it can adversely affect a number of enterprises and industries within the national economy. Thus, there is a need to develop a methodology for the assessment of the preparedness for operating under WTO membership conditions, which can be practically applied in the development of measures aimed at increasing the competitiveness of economic entities. This determines the objective of the research. This article offers the author's assessment of the reasonability of Russia's accession to the WTO and suggests methodological approaches to the assessment of preparedness of the constituent entities of the Russian Federation for functioning in the new economic conditions based on the algorithm of choosing a system of indicators, as well as the organisation of enterprise monitoring according to this system, which makes it possible to formulate rational administrative decisions in order to minimise the adverse effects of Russia's accession to the WTO. The major result of the research is the conclusion that, although the objective of identifying the start position of the constituent entities before the accession to the WTO and its possible implications is quite difficult to attain, it is both theoretically and practically feasible.

Abraham Lincoln and the global economy.

Science.gov (United States)

Hormats, Robert D

2003-08-01

Abraham Lincoln would have well understood the challenges facing many modern emerging nations. In Lincoln's America, as in many developing nations today, sweeping economic change threatened older industries, traditional ways of living, and social and national cohesion by exposing economies and societies to new and powerful competitive forces. Yet even in the midst of the brutal and expensive American Civil war--and in part because of it--Lincoln and the Republican Congress enacted bold legislation that helped create a huge national market, a strong and unified economy governed by national institutions, and a rising middle class of businessmen and property owners. Figuring out how to maximize the benefits of globalization while minimizing its disruptions is a formidable challenge for policy makers. How do you expand opportunities for the talented and the lucky while making sure the rest of society doesn't fall behind? It may be helpful to look at the principles that informed the policies that Lincoln and the Republican Congress instituted after they came to power in 1861: Facilitate the upward mobility of low- and middle-income groups to give them a significant stake in the country. Emphasize the good of the national economy over regional interests. Affirm the need for sound government institutions to temper the dynamics of the free enterprise system. Tailor policies to the national situation. Realize that a period of turmoil may present a unique opportunity for reform. These principles drove the reforms that helped Americans cope with and benefit from rapid technological advances and the fast integration of the American economy in the nineteenth century. They may be instructive to today's policy makers who are struggling to help their own citizens integrate into the fast-changing global economy of the twenty-first century.

A Factor Analysis of Trade Integration: The Case of Asian and Oceanic Economies

OpenAIRE

Yin-Wong Cheung; Matthew S. Yiu; Kenneth K. Chow

2009-01-01

We study trade integration among 15 selected Asian and Oceanic economies using factor models. The principal component approach is employed to extract the common factor that drives trade integration from bilateral trade integration series. It is found that the estimated common trade integration factor has strong seasonal and deterministic components. In accordance with theory, the common trade integration factor is significantly associated with the economic growth and the trade barriers of the...

Can the social market economy be a viable solution for a future sustainable development of the Romanian economy?

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Strat Vasile Alecsandru

2017-07-01

Full Text Available Social market economy (SME is a socio-economic model which attempts to unite the freedom of a competitive market economy with social equilibrium and progress. It is seen as a “third path” besides a purely liberal market economy and an economy which is heavily regulated by the state – in the SME there is an intermediate degree of regulation. Historically, the model corresponds to the real economic policy of the German Federal Republic after the 1950s, thus it is sometimes called Rhine capitalism. According to the Treaty of Lisbon from 2007, the European Union pursues a competitive social market economy with full employment and social progress. On one hand, this model wishes to exploit the advantages of a free market economy, especially its high efficiency in the production of goods, while on the other hand it uses state intervention to correct for potential negative outcomes from market processes. Further characteristics of this model are: ensuring competition, free price formation, private property, motivating performance through profit aspirations as well as guarding personal freedoms. Last but not least, this model encompasses a strong structural policy by encouraging weaker geographical regions or industries. Therefore, it is highly probable that such a socio-economic model might be the appropriate alternative to fuel a sustainable growth of the Romanian economy. Using county level data, from the National Institute of Statistics and from the National Office of the Trade Register, for the year 2015 we show that the Romanian economy is highly polarized with a few growth poles (islands and a large number of underdeveloped units. Thus, it becomes obvious that these important disparities will hinder a future sustainable development and by consequence a clear “road-map” represented by this economic model might prove to be a viable solution for the Romanian economy.

Trans-nationalisation Processes in the Ukrainian Economy

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Bolharova Natalya K.

2013-12-01

Full Text Available The article considers main processes of trans-nationalisation of Ukrainian economy, identifies specific features of trans-national production and explains some theoretical aspects of these issues. It provides main stages of theoretical comprehension of activity of trans-national corporations (TNC, specific features of the theory of competitive advantages of TNC and specifies the basic ones of them. The article conducts analysis of flows of direct foreign investments into the Ukrainian economy. It shows distribution of direct foreign investments into Ukraine by main countries-investors, regions-recipients and types of economic activity. It conducts review and analysis of the modern state of trans-national corporations of foreign origin in the Ukrainian market. It considers functioning of domestic TNC in Ukraine and main tendencies of entering of Ukrainian companies into the world environment and also identifies directions of further development of these phenomena. Prospects of further studies in this direction are identification of the degree of trans-nationalisation processes in the Ukrainian economy and identification of the positive effect, in particular, synergy from integration and globalisation.

Innovation, human capital and trade competitiveness how are they connected and why do they matter?

CERN Document Server

2014-01-01

This work focuses on researching and establishing the importance of human capital and innovation as determinants of competitive advantages in international trade—in the context of rapidly evolving technological advancement, globalization, and economic integration.  The processes that accompany the shift from industrial economics to a knowledge-based economy are currently the object of interest of both scientists, politicians, investors and entrepreneurs. In many countries, the traditional sources of socioeconomic development, such as low labor costs, availability of inexpensive raw materials, and favorable geographic location are waning.  These economies are searching for new sources of competitive advantage that will allow for maintaining growth, among other things by boosting participation in international trade. The book explores non-traditional drivers of competitiveness in both theory and practice.  First, chapters 1 through 4 present theoretical and methodological aspects of the relationships among...

The real new economy.

Science.gov (United States)

Farrell, Diana

2003-10-01

During the soar-and-swoon days of the late 1990s, many people believed that information technology, and the Internet in particular, were "changing everything" in business. A fundamental change did happen in the 1990s, but it was less about technology than about competition. Under director Diana Farrell, the McKinsey Global Institute has conducted an extensive study of productivity and its connection to corporate IT spending and use during that period. The study revealed that information technology is important--but not central--to the fate of industries and individual companies. So if information technology was not the primary factor in the productivity surge, what was? The study points to competition and innovation. In those industries that saw increases in competitive intensity, managers were forced to innovate aggressively to protect their revenues and profits. Those innovations--in products, business practices, and technology--led to the gains in productivity. In fact, a critical dynamic of the new economy--the real new economy--is the virtuous cycle of competition, innovation, and productivity growth. Managers can innovate in many ways, but during the 1990s, information technology was a particularly powerful tool, for three reasons: First, IT enabled the development of attractive new products and efficient new business processes. Second, it facilitated the rapid industrywide diffusion of innovations. And third, it exhibited strong scale economies--its benefits multiplied rapidly as its use expanded. This article reveals surprising data on how various industries in the United States and Europe were affected by competition, innovation, and information technology in the 1990s and offers insights about how managers can get more from their IT investments.

Exchange rate volatility effects on export competitiveness. Romanian Case

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Anca GHERMAN

2013-09-01

Full Text Available In this paper we determine and analyze the impact of the exchange rate variation over the international trade of Romania. We highlighted the sense of the relationship between exchange rate and exports or imports, but the intensity between the variables and the lags that characterize the interdependency between them. In the context of actual great imbalances in the global economy and other risks (financial, political or social that drive to the decrease in aggregate demand on global level, we consider that external competitivity became one of the key variable for the economic growth in Romania like an integrated process in the European economy.

Dynamic International Competitiveness of Transition Economies. What do trade figures tell us? The case of Poland

DEFF Research Database (Denmark)

Nielsen, Jørgen Ulff-Møller

This paper shows that the reform on the structures of the Polish economy has had an impressively fast effect on the numbers of different products this country exports to Western countries. The time path may well be described by a logistic curve. The change in the exports of this country may...... therefore be characterised by a widening, instead of a deepening in specialisation. The paper introduces a new empirical methodology to evaluate the dynamic changes in export activities of a country. The result of this new methodology is that quality competition is becoming increasingly important for Poland...

Innovative clusters as a form of integration associations of economicentities in the postindustrial economy

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Bondarenko N. E.

2016-03-01

Full Text Available the article describes three categories of network models of cluster structures inherent to the industrial and post-industrial economy, given their characteristics, highlighted fundamental differences between them, which allows more accurate and reasonable to carry out cluster policy aimed at the development of competitive markets to choose effective measures to increase the competitiveness of companies, and to communicate effectively to public authorities, business and academia in order to coordinate efforts to improve innovative production.

Modeling energy-economy interactions using integrated models

International Nuclear Information System (INIS)

Uyterlinde, M.A.

1994-06-01

Integrated models are defined as economic energy models that consist of several submodels, either coupled by an interface module, or embedded in one large model. These models can be used for energy policy analysis. Using integrated models yields the following benefits. They provide a framework in which energy-economy interactions can be better analyzed than in stand-alone models. Integrated models can represent both energy sector technological details, as well as the behaviour of the market and the role of prices. Furthermore, the combination of modeling methodologies in one model can compensate weaknesses of one approach with strengths of another. These advantages motivated this survey of the class of integrated models. The purpose of this literature survey therefore was to collect and to present information on integrated models. To carry out this task, several goals were identified. The first goal was to give an overview of what is reported on these models in general. The second one was to find and describe examples of such models. Other goals were to find out what kinds of models were used as component models, and to examine the linkage methodology. Solution methods and their convergence properties were also a subject of interest. The report has the following structure. In chapter 2, a 'conceptual framework' is given. In chapter 3 a number of integrated models is described. In a table, a complete overview is presented of all described models. Finally, in chapter 4, the report is summarized, and conclusions are drawn regarding the advantages and drawbacks of integrated models. 8 figs., 29 refs

Competitive integration. A new strategy for the brazilian industrialization

International Nuclear Information System (INIS)

Lucas, L.P.V.

1989-01-01

It is discussed a new strategy for brazilian industrialization: from importation substitution to structural changes. The strategy of competitive integration, technological progress and the new technologies. (A.C.A.S.)

EVALUATION OF COMPETITIVE STRATEGIES OF COFFEE RETAILING IN ASPECT OF MARKET ECONOMY

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Aslı ÖZTOPÇU

2017-09-01

Full Text Available Coffee retailers are trying to improve both their products and services and to increase their market share. Companies are both competing and developing different strategies such as issues production, R&D, business model, customers, and innovations. The aim of this study is to determine the competitive strategies in the coffee retailing aspect of the market economy. For this purpose, firstly, in this sector, the major competitors, suppliers, and customers were researched and the general structure of the sector was determined. Secondly, size of the global market, industry, and demand growth rate and the future status of the coffee retail industry were determined. Finally, the bargaining power of customers and suppliers of the sector were evaluated. According to the evaluation obtained, it was understood that coffee retailing is an attractive, large and dynamic sector. In the analysis according to the study of Porter’s five force model, important information was obtained for coffee retailing.

Applying the Dufournaud econometric model to the determination of the prices dynamics impact over the national economy and over its main vulnerable sectors in connection with the Romanian national economy specificity

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Elena Claudia Serban

2008-09-01

Full Text Available In economics, a model represents an abstract, formal image of a phenomenon, process or economic system. It is built by symbolically reproducing the economic theory and by getting new information regarding the behavior of the objective being investigated. In economic theory there are several integrated econometric models meant to underline the interdependency between the branches of a national economy by the public utilities services, especially those connected to energy. The present article presents the first results of our efforts of building an econometric model adapted to the specificity of the Romanian economy, that would underline the impact of the prices modification for public utilities on the Romanian economy as a hole, on the competitiveness of Romanian companies and on the inflation.

Competition Policies in Emerging Economies

International Development Research Centre (IDRC) Digital Library (Canada)

But important anti-competitive practices persist in this sector, and the ...... Each of these measures helped to establish the principles under which agents could ...... would be carried out by the Tax Administration System, which would be likely to ...... Malaysia. 166.07. 11. 0. 46. 18. 26. 41.26. 38. 2.2. 20. Mauritius. 96.15. 28. 0.

New technologies as a factor of development of competitive Russian economy in the context of a post-industrial stage

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Shamrai Yu.F.

2017-01-01

Full Text Available the article presents ways of development of a technological platform of the Russian economy and a role of new technologies and «human factor» in providing its competitiveness at a post-industrial stage. The author offers: education systems development, use of channels of the international migration of a skilled labor force, forming of the national market of new technologies, enhancement of interaction with the world market of new technologies.

INTEGRATION OF TRADE AND DISINTEGRATION OF PRODUCTION IN THE GLOBAL ECONOMY

OpenAIRE

Robert Feenstra

2003-01-01

The last few decades have seen a spectacular integration of the global economy through trade. The rising integration of world markets has brought with it a disintegration of the production process, however, in which manufacturing or services activities done abroad are combined with those performed at home. The author compares several different measures of foreign outsourcing and argues that they have all increased since the 1970s. He also considers the implications of globalization for employ...

Theoretical Aspects of Cross-border Integration-based Economic Cooperation

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Bilchak V.

2014-09-01

Full Text Available In this article the author analyses theoretical aspects of border economy in the conditions of modern processes of integration. The author describes the existing schools and concepts of integration stressing the role of government regulation relating to the deformations in the development of the world economic mechanism. Modern studies focus on the evolution of integration processes, which has largely affected the key elements of the world economic mechanism from classical political economy, monopoly regulation. This resulted in monopolistic competition, imperfect competition, and oligopoly – largely, through all fields and poles of economic growth to certain elements of government regulation and social reproduction on the international scale. The author examines the key elements and stages of economic integration. These stages assume a number of consecutive forms: free trade zone, customs union, common market, complete economic integration, and economic union. The article shows that the transition occurs from the lowest to the highest stages — from the processes of integration involving, firstly, trade market and then capital and labour markets to the integration of social sphere. The theoretical aspects of all these transformations can be easily traced in the case of EU integration processes.

GLOBAL COMPETITION AND ROMANIA’S NATIONAL COMPETITIVE ADVANTAGE

Directory of Open Access Journals (Sweden)

Pop Nicolae Alexandru

2013-07-01

Full Text Available Analyzing products and services around us it is clear that most of them are the result of production factors, labor and capital becoming more international and increasingly less and less national. We are witnessing the globalization of markets and production, to a large global integration and interdependence, increase personalization of production and services as a result of new communication systems interaction and flexible production processes. Markets will continue to homogenize and diversify at the same time, so it is important that as a global marketer one addresses a market segment defined by income, age, and consumption habits and not by membership of a nation. The most visible and polarized is the premium segment fighting for high income clients where brand value plays an important role. Instead identification of large segments of customers offers the advantages of scale economy in production and marketing for global enterprises. Consumer profile is the dominant global consumer requesting and accepting global products and services easily. In fact, what can force an economic alignment to achieve the best performance, rather than the global consumer. The research methodology used includes literature review, comparative analysis, synthesis of data based on bibliographic resources and official documents.The aim of the paper is to highlight current models that underlie the competitive advantage of nations and assess the competitive advantage of Romania in the context of the global market. A case study is used to offer an overview of competitive advantage of Antibiotice Iasi SA, a competitive player, in a global pharmaceutical market with strong global competition. Countries moderate companies’ achievements of global efficiency objectives due to the countries’ rivalry. Romania has to understand that it is in competition with other countries in order to fulfill economic, political and social objectives. The scope in the end is the well

Theoretical aspects of competitive advantage and competition

OpenAIRE

Hudakova, Ivana

2009-01-01

The concept of competitive advantage is well-known for many of us and a number of literary resources focused on entrepreneurship and functioning of economies deal with it, either directly or indirectly. The understanding of the term competitive advantage though sometimes varies. One can only perceive it when looking at it as a whole, a live organism that is constantly developing in a complex dynamic entrepreneurial environment, the individual parts of which do not function when separated from...

Performance of the Dutch non-life insurance industry: competition, efficiency and focus

NARCIS (Netherlands)

Bikker, J.A.; Gorter, J.

This paper investigates competition in the Dutch non-life insurance industry indirectly by measuring scale economies and X-inefficiency, assuming that strong competition would force insurance firms to exploit unused scale economies and to push down inefficiencies. We observe substantial economies of

Working Within the Collaborative Tourist Economy

DEFF Research Database (Denmark)

Meged, Jane Widtfeldt; Christensen, Mathilde Dissing

2017-01-01

This chapter explores from a critical perspective how workers in the collaborative tourism economy craft meaning and identity in work and discusses transformations on the established labor market induced by the collaborative economy. It does so through the perspectives of guides working...... pseudo-sharing manoeuvring in micro-competitive platform capitalism....

Energy integration: Regional economic integration lever and possible insertion factor in the global economy

International Nuclear Information System (INIS)

Lokolo, M.C.

2001-01-01

In the 1920s, just after the War, an idea began taking root in the Old Continent, to build what could be described as the United States of Europe. Thirty years later, in 1951, a new source of energy, coal, paved the way for the economic integration of Europe. It culminated into monetary integration in January 2002. Economic integration makes sense in the context of the relatively small size of some national economies and markets, and the judicious utilization of rare resources and their unequal distribution. In this document, the author elaborated on the principles at play in economic integration and argued that the integration of the national energy markets could be the lever for economic integration through the gradual elimination of the various obstacles to trade. The author first presented a brief historical overview of economic integration from the perspective of global economic relationships, covering the period between the two world wars to the General Agreement on Tariffs and Trade (GATT) to the World Trade Organization (WTO). The concept and the forms of economic integration were reviewed. Energy integration as a lever of regional economic integration and as a factor in global economic insertion were discussed. Energy integration is a tool for the improvement of the human condition. 15 refs

Increasing Global Competitiveness: A Case for the Pakistan Economy

OpenAIRE

Shamyla Chaudry

2007-01-01

The issue of global competitiveness is critical for developing countries. This paper looks at the drivers that influence industrial competitiveness and provides a comparison of these drivers for Pakistan, India and China. The analysis shows that Pakistan lags behind China and India in most of the main components of the industrial competitiveness index. The analysis also presents a series of micro and macro level policy recommendations aimed at increasing Pakistan’s industrial competitiveness.

Integrated marketing communications and their role in economy and education

Directory of Open Access Journals (Sweden)

Melnikova Nadezhda

2016-01-01

Full Text Available The article is devoted to the analysis of marketing, its role and significance in the modern education system and economy. The authors review the advantages of integrated marketing communications which include, apart from marketing, organizational culture, advertising, public relations (PR, branding, image making and other types of communication influencing the formation and functions of social processes and institutions, including the economic and education sphere.

Integrated marketing communications and their role in economy and education

OpenAIRE

Melnikova Nadezhda; Naumenko Tamara; Smakotina Natalia

2016-01-01

The article is devoted to the analysis of marketing, its role and significance in the modern education system and economy. The authors review the advantages of integrated marketing communications which include, apart from marketing, organizational culture, advertising, public relations (PR), branding, image making and other types of communication influencing the formation and functions of social processes and institutions, including the economic and education sphere.

Achieving competitive advantage through the integration of disabled architects in architectural design firms in Egypt

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Ezzat Othman Ayman Ahmed

2017-01-01

Full Text Available The 2030 strategy of sustainable development in Egypt is based on integrated goals, including Human Resource Development. Egypt has ~9,540 disabled architects, who can play an important role in achieving competitive advantage through their integration in Architectural Design Firms (ADFs. By neglecting the benefits of integrating disabled architects, ADFs encounter the risk of losing unique skills and competent personnel. This article investigates the integration of disabled architects in ADFs as an approach for achieving competitive advantage. To achieve this aim, a research methodology consisting of literature review, case studies, and survey questionnaire has been adopted, and it is designed to achieve five objectives. First, literature review is used to investigate the concepts of disabilities and competitive advantage, as well as the relation between integrating disabled architects and the achievement of competitiveness in ADFs. Second, six case studies are presented and analyzed to investigate the role and process of achieving competitive advantage in ADFs through employing disabled architects. Third, the results of a survey questionnaire are analyzed to examine the perception regarding and application of employing disabled architects as an approach for achieving competitive advantage in ADFs in Egypt. Fourth, a framework is developed to facilitate the integration of disabled architects in ADFs with the goal of achieving competitive advantage. Finally, the research findings are summarized and recommendations are put forth. The value of this research stems from the need to address the issue of lack of employment of disabled architects in ADFs and the benefits of making better use of their unique capabilities and skills toward achieving competitiveness. In addition, this research covers a controversial topic that receives scant attention in construction literature, especially in Egypt.

The Information as competitive advantage in the process of integrated logistics in tourism services

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Sara Joana Gadotti dos Anjos

2008-12-01

Full Text Available In all the sectors of the economy the competition is speeding more and more every day, because technologically, organizations can reach the same level of development. Particularly in the management of services, the differential is in the strategical form of using the information, in the attainment of the competitive advantages, providing to the new organizations forms to surpass the performance of the competitors, transforming the chains and having as focus activities of value. This article is centered in the delimitation of a model of Integrated Management - SIGESTur, having the hotel management as the central point of the process of joint among the elements that integrate the tourism system. At first, studies deepen the thematic quarrels having as base the bibliographical analysis. At a second moment,   develop a methodological proposal having as a base the bibliographical analysis and at a third moment present the considered model. For the development of the considered model, researchers used a study of a case in a Hotel of National Chain and 12 companies partners (feeding, leisure, entertainment and ways of transport, that is part of the value net. After the accomplishment of the interviews models were made to shape the processes of the net of value of the tourist services, having as a focus the identification of the existing joints among the hotel and the tourist services and finally the model SIGESTUR was developed conceptually.The results of the inquiry points about the hotel management chain of value show that the focus must be centered in an efficient flow of information and in a net of value lined up with agility among the tourist logistic partners, innovating and adding value to the offered services.

CONTRIBUTIONS OF “KNOWLEDGE” IN WORLD ECONOMY

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Gabriela-Liliana CIOBAN

2016-09-01

Full Text Available The effect of knowledge globally is reflected in the growth / development of national economies and improvement of living standards of the population. Arguments underlying this statement are reflected in the values ​​held by certain indicators (Knowledge Economy Index, Gross Domestic Product, Index of Innovation, Knowledge Intensive Services etc. and their effects on national economies. Factors contributing to the development of these indicators are the "key" to success in each economy and also part of their basic foundation. The explanation so far obliges us to analyze current global economic situation and its prospects. As a first step we will try to answer the question "What is the generator factor of growth / prosperity in different countries?" and to identify its evolution over time. A second stage of the study will represent an analysis in the architecture centers of power due to the competitive advantage held by certain countries / companies in creating wealth. The study is based upon emergence and strengthening of competitiveness in the businesses and the national economy. Knowledge-intensive services’ presence in the world's economies is a vital source of economic growth.

Implementation of the knowledge economy paradigm in the strategy of national economy development

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Dmytro Lukianenko

2013-08-01

Full Text Available This paper studies the knowledge economy paradigm and the factors of its influence on the development of national economies in the context of transformation of the global competitive environment. It has been methodologically identified the basic categories and concepts concerning the determination of key factors and parameters of modern economic systems. It has been proved through the example of South Korea that implementation of the knowledge economy paradigm in long-term strategies initiated and supported by the state provides new opportunities of socio-economic progress. The basic problems of innovation-driven development of Ukraine’s economy through an assessment of its readiness to transition to the knowledge economy, compared with South Korea. The latter’s experience, despite the objective limitations, is regarded as an example of strategic success in formation of a creative innovation system.

Development of integrated models for energy-economy systems analysis at JAERI

International Nuclear Information System (INIS)

Yasukawa, Shigeru; Mankin, Shuichi; Sato, Osamu; Yonese, Hiromi

1984-08-01

This report, being a revision of the preprint for distribution to participants at IEA/ETSAP Workshop held, at JAERI, Tokyo, March 1984, describes the concept of the integrated models for energy-economy systems analysis now being carried out at JAERI. In this model system, there contains four different categories of computer codes. The first one is a series of computer codes named as E 3 -SD representatively, which are utilized to develop a dynamic scenario generation in a long-term energy economy evolution. The second one, of which the main constituents are the MARKAL, i.e. an optimal energy flow analizer, and the TRANS-I/O, i.e. a multi-sectoral economy analyzer, has been developed for the analysis of structural characteristics embodied in our energy-economy system. The third one is for a strategy analysis on nuclear power reactor installation and fuel cycle development, and its main constituent is the JALTES. The fourth one is for a cost-benefit-risk analysis including various kinds of data bases. As the model system being still under development, but the idea of application of it to such a problem as '' the role of the HTGR in the prospects of future energy supply'' is also explained in the report. (author)

Local economic development and globalisation : the international competitiveness of certain South African municipalities / Vincent Monti Malebo Mongake

OpenAIRE

Mongake, Monti Malebo Vincent

2004-01-01

In today's global competitive environment, a city or a town more than ever needs a strategy that articulates how its international competitiveness is to be improved. Since 1994, following its first democratic elections, South Africa started processes of significant local government reform, as well as fast integration into the global economy. These processes will place significant challenges in the way of South Africa's local government (municipalities) since they now not only h...

Ghana integrated to the world economy : focus on Ghana-UK-Germany trade linkage model

OpenAIRE

Sarpong, Daniel Bruce

1998-01-01

In this study of Ghana integrated to the world economy, we focus primarily on Ghana-UK-Germany trade axis partly because of Ghana?s relative dependence on the EU for her international trade. The study employs ?representative? country macroeconometric models of these economies, using data over 1970-1991, including bilateral trade links among them and with the USA and Japan, to quantitatively analyze and draw policy inference of the international transmission mechanism of macroeconomic disturba...

Knowledge Production in a Cooperative Economy

Science.gov (United States)

Cottey, Alan

2014-01-01

Knowledge here means something similar to but broader than science--it is reliable but not necessarily as systematic or explicit. A cooperative economy is contrasted with the competitive economy that has dominated political thinking almost everywhere for about half a century - the neo-liberal period. It is argued that the neo-liberal ideology and…

The integration of ecopolitical needs in communal competition politics

International Nuclear Information System (INIS)

Kraemer, L.

1993-01-01

Politically and institutionally the integration of ecopolitical needs in Communal competition politics has not progressed very far. In the domain of Article 85 trade-internal agreements and agreements for self-imposed moderation attain particular importance from the ecopolitical viewpoint. Protection of the environment as a task of common European interest cannot be realed solely or even in large part through market mechanisms. Therefore financial aids for the promotion of environment protection are principally both desirable and permissible. This is the starting point from which to assess effects of ecopolitical measures on competition. (orig./HSCH) [de

LENIENCY POLICY FOR COMPETITIVE ACTIVITY

OpenAIRE

Ilie Moga

2013-01-01

A market driven economy is inconceivable without competition. In this system, the competition is beneficial firstly for consumers, but also for producers. The former have the ability to satisfy their needs according to taste and financial ability, while the latter are incentivized to innovate and increase efficiency. Competition induces natural selection among companies. This selection must adhere to strictly abiding by competition law regulation, while regulation must benefit both consumers ...

Market structure and competition in the healthcare industry : Results from a transition economy.

Science.gov (United States)

Lábaj, Martin; Silanič, Peter; Weiss, Christoph; Yontcheva, Biliana

2018-02-14

The present paper provides first empirical evidence on the relationship between market size and the number of firms in the healthcare industry for a transition economy. We estimate market-size thresholds required to support different numbers of suppliers (firms) for three occupations in the healthcare industry in a large number of distinct geographic markets in Slovakia, taking into account the spatial interaction between local markets. The empirical analysis is carried out for three time periods (1995, 2001 and 2010) which characterise different stages of the transition process. Our results suggest that the relationship between market size and the number of firms differs both across industries and across periods. In particular, we find that pharmacies, as the only completely liberalised market in our dataset, experience the largest change in competitive behaviour during the transition process. Furthermore, we find evidence for correlation in entry decisions across administrative borders, suggesting that future market analysis should aim to capture these regional effects.

Innovating for a competitive and resource-efficient transport system

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-05-15

Transport is vital to the economic prosperity and social integration of Europe. EU-transport policy is directed to developing a smart, efficient transport system with reduced dependency on fossil fuels and less environmental impacts that will enhance mobility in Europe and will underpin Europe's competitiveness in global markets. This includes the transport sector itself, which is an important part of the EU economy. In contributing to achieving these ambitious goals, extensive investments are made in research and development for sustainable and innovative solutions. This Policy Brochure, which is produced by the Transport Research and Innovation Portal (TRIP), highlights the contribution of research, development, and innovation in securing a competitive and resource-efficient transport system in Europe.

Dimensions of Real-World Competition

DEFF Research Database (Denmark)

Buch-Hansen, Hubert

2014-01-01

academic disciplines, with a particular focus on historical materialist political economy. Competition is conceptualised as a social relation, and the paper outlines how competition interacts with numerous other mechanisms to produce a variety of outcomes. Specifically, Roy Bhaskar’s concept of the social...

Globalization, Tax Competition and Tax Burden İn Turkey

Directory of Open Access Journals (Sweden)

Veli KARGI

2016-07-01

Full Text Available 1990’s world was quite different from the world of 1950’s. Especially in the last twenty years, the increasing involvement of Japan in the world economy since the 1990s, in addition to the dominance of globalization and market economy throughout the world, the rapid spread of information resulting from the developments in IT-technology and the international competition emerging in the field of technology have all led to some significant developments in the world economy. Reduction of high mobility income and corporate tax rates due to tax competition may cause an unjust distribution of the tax burden. The fact that indirect taxation constitutes about 70% of the tax revenues obtained in Turkey can be taken as an indication of the unfairness in the distribution of tax burden in Turkey. In this study, following a definition of globalization and tax competition, classification of tax competition, reasons for increasing tax competition, benefits and losses of tax competition are explained, and changes introduced by various countries in their tax systems due to tax competition, the distribution of tax burden resulting from tax competition in Turkey and the effectiveness of the new income tax law in Turkey in terms of tax competition are analyzed.

Regional and international market integration of a small open economy

OpenAIRE

Sebastian Fossati; Fernando Lorenzo; Cesar M. Rodríguez

2007-01-01

This paper studies the relationship between a set of commodity prices in a small open economy like Uruguay and the corresponding international and regional prices. The empirical methodology used is the multivariate cointegration procedure based on maximum likelihood methods introduced by Johansen (1988) as well as estimations of half-life persistence indicators. In the case of cereals, the evidence suggests strong market integration between domestic and regional markets and, to some extent, a...

Analysis of the Impact of the Flow of Migrant Workers on Regional Economy: Based on the Thought about the Promotion of Jiangxi Regional Economic Competitiveness

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Sun Yuping

2016-03-01

Full Text Available Labor resource is the necessary productive factor in regional economic development, and one of important indexes to evaluate regional economic competitiveness. The great economic achievement brought by the 30-year reform and opening up of China is due to the fact that China brought the backward advantage of “demographic dividend” into play, promoted the fast development of industrialization and urbanization, and became the second largest economy in the world. The entity of “demographic dividend” is the non-agricultural migrant population, i.e., migrant workers. The transfer employment of migrant workers has typical regional liquidity, and the imbalance of regional economy causes the flow of many migrant workers. In order to achieve harmonious development and coordinated development, underdeveloped areas must understand the character and regulation, adopt positive industrial policy and supportive policy, guide the reasonable flow of migrant workers, and realize the transfer of local employment and citizenization of migrant workers, which can enhance regional economic competitiveness

INTEGRATION OF AN ECONOMIC WITH AN ECOLOGICAL MODEL

Science.gov (United States)

We summarize our work on integration of an economy under imperfect competition with a simple Lotka-Volterra type ecological model. Firms and households operate within a single period planning horizon, thus there is no savings or investment. Wages are set by a dominant employer. P...

TRIPOLARISATION OF THE CURRENCIES IN THE WORLD ECONOMY: US DOLLAR – EURO – YEN

Directory of Open Access Journals (Sweden)

Ramona TOMA

2006-12-01

Full Text Available At present, the world economy is dominated by three poles – the USA, the European Union and Japan – among which there should be real co-operation to ensure the international stability on all levels. The introduction of the euro was perceived by the experts as the beginning of the competition among the currencies on the international financial markets. The European Monetary Union was conceived to cause an internal, not an external change, with an economic and financial purpose and as a further step of the European integration. Moreover, the international monetary system does not allow the European single currency to make gains that might cause losses to the US dollar. Both currencies have room in the world economy, but the euro has been beneficial to both the euro area and the rest of the world. At present, the euro is stronger than the sum of the twelve former national currencies. The consolidation of the national economies of the euro area becomes stronger due to the impact on liquidities, to the various investment opportunities for the entities that manage the financial portfolios and the central banks that manage the foreign currency reserves. The competition among the currencies means more opportunities in the world economy: the euro is an international currency used along with the US dollar and the yen, not against them.

Political Economy of Finance

NARCIS (Netherlands)

Perotti, E.

2013-01-01

This survey reviews how a recent political economy literature helps explaining variation in governance, competition, funding composition and access to credit. Evolution in political institutions can account for financial evolution, and appear critical to explain rapid changes in financial structure,

Political economy of energy in Europe. Forces of integration and fragmentation

Energy Technology Data Exchange (ETDEWEB)

Fermann, Gunnar (ed.)

2009-07-01

The political economy of energy in Europe is defined by a large majority of states being heavily dependent upon the import of energy from a limited number of energy-producing countries located mainly outside Europe or the EU, and the relative failure of the EU to develop strong common energy policies capable of effectively counteracting the sensitivities and vulnerabilities arising from oil and gas import dependence. The eleven contributions to the Political Economy of Energy in Europe investigate unique research questions, engage in different lines of reasoning, and apply diverse sets of data fitting their particular purposes. However, the chapters of the present anthology share several common denominators defining the volume as a coherent whole: First, energy is part of the fabric of modern society and thus qualifies as a political issue of the first order. Second, political and economical aspects of the European energy condition need to be analysed in conjunction. Finally, issues of energy security need to be addressed at different levels and from several angles in order to better understand the interaction between the contradictory dynamics of integration and fragmentation pervading the political economy of energy in Europe. This volume elaborates on several lectures given at the conference ''Political Economy of Energy in Europe'', October 12-13, 2007, arranged by E.ON Ruhrgas scholarship program for Political Science at Oslo Militaere Samfund, Norway. (orig.)

ECONOMIC MODEL FOR EVALUATION OF INTEGRAL COMPETITIVENESS OF AUTOMOTIVE ENTERPRISES (AE

Directory of Open Access Journals (Sweden)

A. F. Zubritsky

2010-01-01

Full Text Available The paper considers problems pertaining to evaluation of competitiveness of automotive enterprises in the field of international consignments. An economic model for determination of the integral AE competitiveness is proposed in the paper and the model permits to substitute an expert estimation in respect of some factors by their qualitative calculation on the basis of data on enterprise activity in the international consignment market.

HAS THE INFORMATION SOCIETY SUCCEEDED TO IMPROVE THE COMPETITIVENESS OF EUROPEAN SUSTAINABLE TOURISM ECONOMY?

Directory of Open Access Journals (Sweden)

GHITA Simona

2015-06-01

Full Text Available Europe represents one of the most significant tourism destinations in the world, but, nowadays, it is more and more important the issue of adapting the tourism demand and supply to the need of sustainability. Information Technologies can help to increase the competitiveness of the tourism industry, creating a bridge between tourism supply and demand. According to the figures presented by the UNWTO, the growth rate of international tourist arrivals in 2013 compared to 2012 was of 5% (meaning 52 million international tourists arrivals, reaching 1,09 billion arrivals in 2013. The highest absolute growth was experienced by Europe (29 million arrivals in 2013, while the highest relative growth was registered in Asia and the Pacific (6%. The average international tourist receipt exceeded US$700 per person, while total tourists’ expenditures leveled more than $1,4 trillion. Tourism sector, including the related industries, contributed in 2013 by 9,5% to the total global Gross Domestic Product (GDP and created approximately 10% of the jobs worldwide. In Romania the ascending trend of tourists’ arrivals in accommodation establishments was interrupted by decreases in 2009 and 2010, due to the global economic-financial crisis. The indicator “Nights spent at tourist accommodation establishments by residents” experienced a similar evolution. Revenues from tourism and its contribution to GDP can be improved through the usage of information technology services. The present paper gives a possible answer to the following questions: can Information Society improve the competitiveness of European Sustainable Tourism Economy? Are there evidences of the impact of modern informational technologies on trends in sustainable tourism economy? In the analysis, the author used EUROSTAT data for European countries, 2000-2013 time-series. Statistical indicators used in the analysis are grouped by three areas of interest: Tourism Area (Arrivals of residents

The external sector of the Serbian economy

Directory of Open Access Journals (Sweden)

Ristanović Vladimir

2016-01-01

Full Text Available The aim of this paper is to show the external sector of the Serbian economy, its features and peculiarities, as well as anomalies that afflicted it for years. In the analysis, data acquired from the Statistical Office of the Republic of Serbia will be used, as well as the official international methodology. The text will include the analysis of the structure of the external sector, market share, competitive position of Serbian economy and export products according to sectors of the economy and factor intensity. Since 2000, the structure of production and exports of the Serbian economy shows low comparative advantages and competitive position throughout the world. Unfavorable structure of the sectors, departments and the product groups affected the deepening of external imbalances and high foreign trade deficit. Exports of technology of predominantly low intensity, resources, and labor-intensive products, common for Serbian economy, represent no guarantee of economic growth in the long term. The causes of external imbalances should be sought in the absence of adequate export strategy, as well as in high speed of liberalization of foreign trade flows and exchange rate policy.

A comparison of competitive intelligence activities in Brazil, Malaysia, Morocco and South Africa

Directory of Open Access Journals (Sweden)

Adeline S.A. du Toit

2014-06-01

Research purpose: The purpose was to determine how these countries can use competitive intelligence to increase their competitiveness in the global economy. Motivation for the study: Competitive intelligence is a challenge in developing economies. Research design, approach and method: A questionnaire survey was sent to competitive intelligence professionals in the four study countries. Main findings: The most important primary information source used in all four countries is direct customer feedback and the most important secondary information source used is corporate websites. Companies in all four countries did not use advanced analysis techniques. Practical/managerial implications: It is recommended that all four countries should develop a competitive intelligence culture by creating awareness of competitive intelligence amongst their employees. Contribution/value added: It is crucial to apply competitive intelligence in the four countries in order to become more competitive in the global economy.

State Policy of Stimulation of Industrial Competitiveness under Conditions of Economic Integration

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Kovalchuk Viacheslav H.

2014-03-01

Full Text Available The article is devoted to problems of state regulatory policy of stimulation of economic growth, increase of efficiency of activity of industrial branches of the country. It considers examples of foreign experience in the part of state support of domestic manufacturers. It shows possible variants of integration of co-operation between CIS countries on the basis of specialisation, co-operation and joint activity for achieving economic growth of economies. It demonstrates an automated system of mass servicing of customers, which is offered to be used in the structure of associations of trade enterprises. It offers ways of achievement of competitive advantages of domestic enterprises under conditions of globalisation by means of introduction of clusters of the consumer market enterprises. The article reveals their shortcomings and possibilities of development in the territory of Ukraine under conditions of limited financial resources. It acknowledges that measures of the fiscal policy should be directed, first of all, at support of creation of associations of medium enterprises of the light and other branches of industry and agriculture, which have development potential. It identifies main elements of creation of state programmes of support and development of the cluster form of organisation of the light and other branches of industry, agriculture and trade.

Competitive effects and instruments of power sector reforms. International reform concepts blockade structures, risk distribution. A political economy analysis

International Nuclear Information System (INIS)

Liebchen, Armin

2014-01-01

Power sectors with weak or inadequate competition structures are the rule, despite numerous attempts at reform. But can afford modern economies this defect for a long time? Why can the implementation of competition are blocked so effectively? The author studied international reform experiences and opens up interesting insights that can also reflect on problems of the German energy turnaround: The difficulty of timing and coordination of the reform components, the development of resistance levels of individual interest groups, breach of contract as a rational alternative, causes unwanted price effects, shifting interest situations of major stakeholders, change dynamics impending regulatory risks, pending financing risks, stranded cost-conflict situations for power stations disconnected from the grid and facilities and instruments of a political and regulatory risk management for reforms. With numerous examples, background analyzes and instruments to reform analysis, this book is aimed at investors, policy planners and analysts. [de

Integrating the dark side of competition into explanations of business failures: Evidence from a developing economy

OpenAIRE

Amankwah-Amoah, J.; Antwi-Agyei, Issek; Zhang, Hongxu

2017-01-01

In spite of the growing body of literature on the bright side of inter-firm relationships, limited attention has been paid to the dark side of inter-firm relationships. Using insights of serial entrepreneurs in a developing economy, we articulate the mechanisms through which adverse rumours and misinformation perpetrated by rivals' firms undermine small businesses and lead to decline and eventual collapse. We uncovered that the rumours were made more potent when combined with other factors su...

Network Transformations in Economy

Directory of Open Access Journals (Sweden)

Bolychev O.

2014-09-01

Full Text Available In the context of ever-increasing market competition, networked interactions play a special role in the economy. The network form of entrepreneurship is increasingly viewed as an effective organizational structure to create a market value embedded in innovative business solutions. The authors study the characteristics of a network as an economic category and emphasize certain similarities between Rus sian and international approaches to identifying interactions of economic systems based on the network principle. The paper focuses on the types of networks widely used in the economy. The authors analyze the transformation of business networks along two lines: from an intra- to an inter-firm network and from an inter-firm to an inter-organizational network. The possible forms of network formation are described depending on the strength of connections and the type of integration. The drivers and reasons behind process of transition from a hierarchical model of the organizational structure to a network type are identified. The authors analyze the advantages of creating inter-firm networks and discuss the features of inter-organizational networks as compares to inter-firm ones. The article summarizes the reasons for and advantages of participation in inter-rganizational networks and identifies the main barriers to the formation of inter-organizational network.

The Neoindustrial Principles for the Development of Integration Relations in the Agrarian Sector of Economy

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Hutorov Andrii O.

2017-08-01

Full Text Available The article is aimed at elaborating the neoindustrial principles for the development of integration relations in the agrarian sector of economy. It has been shown that the engine of sectoral development and economic growth in the context of neoliberal globalization are the integration relations formed by the product principle and intrinsically linked to the neoindustrial transformation of the agro-industrial potential. The article explores the lack of options when choosing a national model for the sectoral development of economy: vertical integration of advanced playback, neoindustrialization, and economic security. It has been proven that the mutual relationship between the socio-economic formations and the strategies for integration interaction is organic. The replacement of the functional target setting of economic system at all levels of the hierarchy from the maximum profit to the maximum of the cumulative newly created (added value has been substantiated. A conceptual model for the development of the agrarian sector through integration and neoindustrialization has been accomplished, as well as the principles of strategic management of the system of integration relations have been elaborated. The main forms of implementation of the integration relations with the centralized and decentralized models of neoindustrial development of the agrarian sector have been defined.

Renewable energies and competition in the power economy. Governmental regulation - comparison between Germany and Great Britain; Erneuerbare Energien und Wettbewerb in der Elektrizitaetswirtschaft. Staatliche Regulierung im Vergleich zwischen Deutschland und Grossbritannien

Energy Technology Data Exchange (ETDEWEB)

Suck, A.

2008-07-01

Throughout Europe the energy economy faces two major challenges from new governmental regulation, namely regulation for the purposes of climate policy and regulation for the introduction of competition to what used to be monopolistic sectors. With regard to the growing regulatory influence of the European Union the author of this British-German comparative study analyses how diverging structures of governmental organisation and historical paths of development have led to different regulatory approaches to the market introduction of renewable energies and the liberalisation of the power economy. He offers an in-depth analysis of the differences in success the two countries success have had in developing sustainable electricity production systems and establishing competitive structures in the power sector.

STATISTICAL ANALYSIS OF COMPETITIVENESS FACTORS OF REGIONS OF THE RUSSIAN FEDERATION

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O. V. Bakanach

2015-01-01

Full Text Available In the conditions of market economy the competition is the main driving force of economic growth. The idea about existence of the interregional competition isn't conventional and demands the proof. The phenomena allowing to state existence of the interregional competitive relations which are realized through system of prerequisites of political, economic, legal and technological character were for this purpose studied. Competitiveness – one of the most important characteristics of the territory which level directly influences formation of positive tendencies in development of subjects of the Russian Federation. Productive indicators of level of competitiveness of the region are: a gross regional product on one occupied in economy, production of a gross regional product for one ruble of fixed assets, a gross regional product for one ruble of investments, a share of balanced financial result in a gross regional product. On the basis of private indicators the Pattern method received an integrated indicator of level of competitiveness of region. The quantitative assessment of the factors determining distinctions of regions of the Russian Federation by competitiveness level allowed to define that the competitiveness variation in the territory of regions in the greatest measure depends on a variation of number of graduates of educational institutions with higher education on 1000 people and the specific weight of investments into the enterprises occupied with mining. Regional values of competitiveness are most elastic relatively the specific weight of own investments, that is increase of this indicator for 1 % causes increase of competitiveness for 0.9 %. The practical importance of this work is caused by possibility of application of results of research by federal and regional executive authorities as information representation when developing programs of increase of level of competitiveness of regions of the Russian Federation. Besides, it is

Entrepreneurship and corporate competitiveness

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Mihailović Božo

2005-01-01

Full Text Available Macroeconomics reforms are not enough for long-range stability. Transition enterprises in domestic economy hasn't prepare itself for the market economy. It has some specific characteristics which are analyzed in this paper. Entrepreneurship is the corner stone for enterprise development in the sense of achieving sustainable competitiveness in the contemporary globalized world economy. There are two possibilities to introduce it in transition enterprises: (a self-development (development by itself or evolution and (b create partnerships or alliance with some reputable competitor. In current situation, author proposal is for the second solution.

Hi-tech products marketing and competitive advantage

Directory of Open Access Journals (Sweden)

Perović Jelena

2004-01-01

Full Text Available The company today, in causes turbulent environment and intensive integrations must cooperate, accept and develop high technology in order to achieve needs of customers. It's only way that companies replay on challenge global environment, decrease costs of investment per capita, decrease the risk, captivate new market and held competitive in causes of global market. High tech technology marketing function is help that results of new technology transfer on economy. Their function is reach need of customers, too. Positive influence of technology is the highest in area of production costs and productivity. Speed years are in front of our and it demands larger productivity, which primary source must be technology changes. High technology marketing is the most provocative framework for take competitive advantage, answer on global change and way of permanent reach rigorous need of customers.

Assessing Competition in Philippine Markets

OpenAIRE

Aldaba, Rafaelita M.

2008-01-01

This paper reviews the current empirical literature on competition and market structure of Philippine industries. It shows that weak competition is one of the fundamental factors that explain limited growth, productivity, and employment in the economy. Philippine experience has shown that reforms such as trade liberalization, deregulation, and privatization, while necessary, are not sufficient to foster effective competition. The success of these reforms depends on the creation of a competiti...

Energy as a competitive factor - Opportunities for the Swiss economy; Wettbewerbsfaktor Energie - Chancen fuer die Schweizer Wirtschaft

Energy Technology Data Exchange (ETDEWEB)

Ziegler, M.; Baettig, R.

2010-02-15

This report Swiss for the Swiss Federal Office of Energy (SFOE) reviews opportunities offered to the Swiss economy by regarding energy as a competitive factor. Goals set in Switzerland regarding the reduction of greenhouse-gas emissions and measures taken in this area are commented on. The report takes a look at measures that are technically and economically implementable in the building and transport areas. The costs and investment involved in the implementation of a particular scenario are examined. The chances offered to Swiss companies in the area of replacements for fossil fuels are examined. Market potentials in the areas of renewable energy sources and energy productivity are reviewed as are related financial services and workplace effects.

Service Marketing Competitiveness In The New Economy

OpenAIRE

Aleksandar Grubor

2008-01-01

In the new economy the basic characteristics of services determine service consumption, just as customer relationship management impacts on the approach to services marketing. Contemporary service customers perceive service quality in service encounters and in ongoing relationships as well. The perception of service quality may be presented as a basic model of perception, known in service marketing reference sources as The Perceived Service Quality Model. Service marketers and marketing manag...

Peers or Professionals? The P2P-Economy and Competition Law

NARCIS (Netherlands)

Ranchordás, Sofia

2017-01-01

For almost a decade, digital peer-to-peer initiatives (eg, Uber, Airbnb) have been disrupting the traditional economy by offering informal, diverse, convenient and affordable services to consumers. However, more recently, the peer-to-peer economy has become increasingly professionalised. Service

A change in a competitive economy with indivisible commodities

OpenAIRE

Takayuki Oishi; Shin Sakaue

2008-01-01

We consider the relationship between a traditional competitive market and a competitive market with middlemen for trading indivisible commodities. We demonstrate that existence of many homogeneous middlemen leads to a change from the market with middlemen to the bilateral market.

The energy economy

International Nuclear Information System (INIS)

Meritet, Sophie; Vaujour, Jean-Baptiste

2015-01-01

This introduction to the economy of energy applies the main economic concepts to the energy sector (nature of the good, supply, demand), proposes an overview of existing actors, and analyses challenges and tools of economic policy like network regulation, competition policy, independence and energy transition. By using recent examples, statistics and international comparisons, it gives elements to highlight issues like the relationship between shale gas exploitation and economic recovery in the USA, the choice between monopole and competition for electricity or gas supply, reaching greenhouse gas emissions of the energy sector by incentives or taxes, secure energy supplies in a changing international environment, ways to supply energy to everyone at prices guaranteeing economy competitiveness, or ways to evolve towards energy systems which would be more environment- and climate-friendly. The successive chapters address fundamentals issues (nature of the good, historical and technical overview), the State intervention (definition of an energy policy, steering the energy mix, ensuring secure supply), the reorganisation of industries and the protection of consumers, the relationship between energy and climate (worrying perspectives, progressive emergence of solutions). The last chapter addresses the future challenges like innovation, and disruptive innovations (smart grids, big data, batteries, CO 2 capture and storage, nuclear waste processing and management, development of nuclear fusion), and the issue of energy poverty

Integrated delivery systems. Evolving oligopolies.

Science.gov (United States)

Malone, T A

1998-01-01

The proliferation of Integrated Delivery Systems (IDSs) in regional health care markets has resulted in the movement of these markets from a monopolistic competitive model of behavior to an oligopoly. An oligopoly is synonymous with competition among the few, as a small number of firms supply a dominant share of an industry's total output. The basic characteristics of a market with competition among the few are: (1) A mutual interdependence among the actions and behaviors of competing firms; (2) competition tends to rely on the differentiation of products; (3) significant barriers to entering the market exist; (4) the demand curve for services may be kinked; and (5) firms can benefit from economies of scale. An understanding of these characteristics is essential to the survival of IDSs as regional managed care markets mature.

Features of competition and development of markets in an age of globalized economy

Directory of Open Access Journals (Sweden)

Dr.Sc. Skender Kërçuku

2011-12-01

Full Text Available The fall of communism in Eastern Europe in the beginning of the 90-ies of the 20th century marked the beginning of a historical process of triumph of market economy in a wide geographical area and a large population, which had to have an influence on global developments. This age is characterized not only by a comprehensive ruling of capitalist market economy, but also by a series of important structural changes in economies of various countries, national and international mechanisms of market functioning, and relevant institutions thereto. Distinct authors have various opinions on characteristics and positive and negative outcomes of a globalized economy era. Some consider the globalization of world economy as a quantitative and qualitative expansion of market economy throughout the world, similar to the situation before the World War I. Other more serious authors consider the globalization of world economy as a new qualitative era, with important consequences on many areas.

Economic competitiveness of fuel cell onsite integrated energy systems

Science.gov (United States)

Bollenbacher, G.

1983-01-01

The economic competitiveness of fuel cell onsite integrated energy systems (OS/IES) in residential and commercial buildings is examined. The analysis is carried out for three different buildings with each building assumed to be at three geographic locations spanning a range of climatic conditions. Numerous design options and operating strategies are evaluated and two economic criteria are used to measure economic performance. In general the results show that fuel cell OS/IES's are competitive in most regions of the country if the OS/IES is properly designed. The preferred design is grid connected, makes effective use of the fuel cell's thermal output, and has a fuel cell powerplant sized for the building's base electrical load.

Competition between bank regulators

OpenAIRE

Schindler, Dirk; Eggert, Wolfgang

2004-01-01

This paper examines competition between bank regulators in open economies. We use a model where credit demand of firms is endogenous and show any tendency for downward competition in regulation policy is limited by the effect of regulation on profits of nonfinancial firms. Moreover, perfect mobility on loans and deposit markets fully eliminates the incentives of regulators to set bank regulation at ine±cient low levels.

The level of national competitiveness and the role of human capital in the creation of competitive advantage

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Mitrović Vladimir

2016-01-01

Full Text Available The new economy is organized around global networks of capital, management and information, which is based on technology. In this dynamic and growing international trade and the emergence of aggressive competition in the competitive and global market changing rules of the game and the positions which certain factors are in creating a competitive advantage in the global market. Technological development, innovation, knowledge and skills have become crucial factors for the development of an economy and its companies. Proper management of human capital is a direct source of improving quality and productivity at work, and with it the competitiveness of the most important prerequisite for achieving this goal is quality education. Investing in people and skills is essential, because it is the only way to preserve and improve competitiveness advantage. The need for continuing education caused great dynamism of modern society, the rapid technical and technological development, especially ICT, which requires the creation of new knowledge and skills, as well as creating new occupations, but at the same time that resource must be continually developed and improved.

The political economy of finance

NARCIS (Netherlands)

Perotti, E.

2014-01-01

This survey reviews how recent political economy literature helps to explain variation in governance, competition, funding composition, and access to credit. Evolution in political institutions can account for financial evolution, and, unlike time-invariant legal institutions or cultural traits, is

Problems of innovative development of an entrepreneurship in the industry in the conditions of upgrade of Economy

Science.gov (United States)

Golubetskaya, Natalya; Kosheleva, Tatyana; Kunin, Vladimir

2017-10-01

Innovative development of economy is a necessary condition for increase of competitiveness of Russia. Organization change should pass consistently taking into account a strategic target of development of the Russian economy as a whole. The analysis of work of the large innovatively focused corporations has shown that an important direction of formation of system of innovative activity in Russia is development of interaction, integration of large and small enterprise structures, entrepreneurs in the sphere of transportation, transportation or energy companies and educational institutions in this sphere. Stopping development threatens the organization with the stagnation, therefore each organization the plans for development directed on formation of competitive advantages of the transportation or energy company - strategy are developed. The work offers guidelines for managing the modernization of the educational process. Formulates the stages of organizational changes in the educational business organizations. Recommendations for formation in the educational enterprise structures matrix management innovation are given.

Tourism Cluster Competitiveness and Sustainability: Proposal for a Systemic Model to Measure the Impact of Tourism on Local Development

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Sieglinde Kindl da Cunha

2005-07-01

Full Text Available This article proposes a model to measure tourism cluster impact on local development with a view to assessing tourism cluster interaction, competitiveness and sustainability impacts on the economy, society and the environment. The theoretical basis for this model is founded on cluster concept and typology adapting and integrating the systemic competitiveness and sustainability concepts within economic, social, cultural, environmental and political dimensions. The proposed model shows a holistic, multidisciplinary and multi-sector view of local development brought back through a systemic approach to the concepts of competitiveness, social equity and sustainability. Its results make possible strategic guidance to agents responsible for public sector tourism policies, as well as the strategies for competitiveness, competition, cooperation and sustainability in private companies and institutions.

A Study of the Impact of Underground Economy on Integral Tax Burden in the Proportional Growth Model under Uncertainty

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Akif Musayev

2018-01-01

Full Text Available Economic processes are naturally characterized by imprecise and uncertain relevant information. One of the main reasons is existence of an underground economy. However, in existing works, real-world imprecision and uncertainty of economic conditions are not taken into account. In this paper we consider a problem of calculation of a taxation base to assess tax burden for proportionally growing economy under uncertainty. In order to account for imprecision and uncertainty of economic processes, we use the theory of fuzzy sets. A fuzzy integral equation is used to identify an integral tax burden taking into account the contribution of the underground economy for a certain financial (tax year. It is also assumed that dynamics of gross domestic product are modeled by fuzzy linear differential equation. An optimal value of tax burden is determined as a solution to the considered fuzzy integral equation. An example is provided to illustrate validity of the proposed study.

A competitive integration model of exogenous and endogenous eye movements

NARCIS (Netherlands)

Meeter, M.; van der Stigchel, S.; Theeuwes, J.

2010-01-01

We present a model of the eye movement system in which the programming of an eye movement is the result of the competitive integration of information in the superior colliculi (SC). This brain area receives input from occipital cortex, the frontal eye fields, and the dorsolateral prefrontal cortex,

Analysis on the integration of ERP and e-commerce

Science.gov (United States)

Wang, Yongqing; Shi, Yuliana

2017-08-01

With the continuous development of China's modern economic construction, a variety of information technology are emerging. The new economic development characterized by e-commerce has accelerated the globalization of the economy. In face of increasingly fierce market competition, for enterprises, the constructions of ERP and e-commerce are necessary ways to enhance the core competitiveness of enterprises. At present, most of the internal ERP systems and external e-commerce systems are in relatively independent state. However, with the increasing fierce market competition, a single mode of operation has been unable to meet the requirements of enterprise development. Accordingly, the effective integration of ERP and e-commerce in the new era has become one of the most important topics for enterprise development. This paper firstly analyzes the relationship between ERP and e-commerce, and then analyzes the necessity and feasibility of integration, and finally discusses the integration strategies and technologies.

Foreword. The Knowledge Economy: The Present Future

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Constantin Bratianu

2017-12-01

Full Text Available All the statistics and evaluations show that the Knowledge Economy is our future. However, a close look at the developed economies demonstrates that the Knowledge Economy is already here, shaping our present time. Although there are many definitions of this new economic framework, their core content stresses the importance of data, information, and knowledge in the production of goods and delivering services in creating value for society. For instance, Powell and Snellman (2004, p.1999 define the knowledge economy as “production and services based on knowledge-intensive activities that contribute to an accelerated pace of technical and scientific advance, as well as a rapid obsolescence. The key component of the knowledge economy is a greater reliance on intellectual capabilities than on physical inputs or natural resources”. In the knowledge economy, knowledge becomes a strategic resource (Davenport & Prusak, 2000; Nonaka & Takeuchi, 1995 and knowledge strategies contribute directly to the competitive advantage (Bratianu & Bolisani, 2015. In this new economy, data, information, and knowledge are the driving forces of development and the knowledge economy is the engine of the global economy growth...

THE EFFECT OF STRUCTURAL FUNDS ON REGIONAL COMPETITIVENESS IN THE NEW EU COUNTRIES: THE CASE OF ROMANIA AND BULGARIA

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GLIGOR DELIA ANCA GABRIELA

2015-03-01

Full Text Available In the context of internationalization and globalization of the world economy, regional competitiveness is thoroughly debated by politicians and policy makers, emphasizing measurable differences between development regions, without any clear political or conceptual framework. The process of European Union integration is a main driving force of change, aiming to increase the efficiency and competitiveness of the fragmented European economy in the face of increasing internationalization. This often exposes countries and regions with unequal resources and technology and different economic structures to international competition. Such is the case of Romania and Bulgaria, countries that after joining the European Union in 2007 were given an opportunity to recover in terms of regional competitiveness and economic growth, namely structural funds as a form of nonrefundable European financial help to disadvantaged regions of member states. This research is thus focused on underlining and analyzing the relation between structural funds’ absorption and the degree of regional competitiveness for the development regions of Romania and Bulgaria, during their first programming period, through identifying and analyzing the factors that influence regional competitiveness and the amount of structural funds absorbed. First, two competitiveness country profiles are created based on data provided by relevant international organisms and second, an impact analysis is developed using six regional competitiveness indicators, grouped into three categories (economic, social and technological. Results show that EU funds critically influence the competitiveness of Romanian and Bulgarian regions, providing reliable data for policy decision makers

Romania's Competitiveness and Competitive Position in Global Context

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Valentin NECULITA

2012-08-01

Full Text Available Competitiveness increase has become a primordial framework of the social and economic development strategies of most world countries (mainly the most developed ones over the last decades. The vigorous boost of the contemporary phenomenon of globalization, which has widened the global area of economies, sectors and firms confrontation, has laid an emphasis on their competitiveness importance for their favorable position in the international competition and has therefore force the status to take proper, broad and concerted measures to stimulate the determining factors of action and to take better advantage of their effects. The purpose of the paper is to determine whether an increase in competitiveness could reduce the disparities between regions. The E.U. Member States and regions need significant financial help to solve various structural problems and to achieve their potential of growth. Romania is no exception, one of the main problems being the low rate in attracting European funds.

Integrating the bottom-up and top-down approach to energy economy modelling. The case of Denmark

DEFF Research Database (Denmark)

Klinge Jacobsen, Henrik

1998-01-01

This paper presents results from an integration project covering Danish models based on bottom-up and top-down approaches to energy]economy modelling. The purpose of the project was to identify theoretical and methodological problems for integrating existing models for Denmark and to implement...... an integration of the models. The integration was established through a number of links between energy bottom-up modules and a macroeconomic model. In this integrated model it is possible to analyse both top-down instruments, such as taxes along with bottom-up instruments, such as regulation of technology...

THEORETICAL AND METHODOLOGICAL APPROACHES TO REGIONAL COMPETITION INVESTIGATION

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A.I. Tatarkin

2006-03-01

Full Text Available The article is dedicated to theoretical-methodological issues of regional economy competitiveness investigation. Economic essence of regional competitiveness is analyzed, its definition is given. The factors that determine relations of competition on medium and macrolevels are proved. The basic differences between world-economical and inter-regional communications are formulated. The specific features of globalization processes as form of competitive struggle are considered.

New competitive strategies of foreign banks in large emerging economies: the case of Brazil

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Fernando J. Cardim de Carvalho

2000-06-01

Full Text Available Financial relations have been deeply transformed in the 1980s and 1990s by deregulation and liberalization. Among the most affected by these changes has been the banking system. Domestic banks have generally lost the implicit protection given by regulatory barriers to entry. Until very recently, in most of the world, foreign banks had their range of operations limited by both regulatory and market factors in developed and developing countries alike. This has radically changed in the 1990s. Foreign banks previously content to hold marginal positions in domestic emerging markets started to pursue aggressive strategies of expansion. Competition among banks operating domestically is being intensified as a result, particularly in emerging economies large enough to support entry of new banking firms. We examine the case of Brazil, where, following the semi-crisis of 1995, a significant number of banks set up subsidiaries fighting for increasing market shares of the domestic market. The paper shows the ways these banks chose to enter the market and explores the perspectives for the domestic banking sector.

Energy recovery from Municipal Solid Waste in EU: proposals to assess the management performance under a circular economy perspective

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Rada Elena Cristina

2017-01-01

Full Text Available In 2015 the European Commission issued a package of documents on Circular Economy concerning an integrated revision of legislative proposals on waste management. The aim was to stimulate a European transition towards a circular economy concept, which is expected to foster competitiveness, sustainable economic growth and new jobs generation. Three indicators are proposed in this paper to contribute to the assessment of the energy recovery management performance from MSW in a scenario of circular economy: a referring to MSW directly used (RMSW or indirectly used (SRF as input of thermochemical plants, an indicator can be the percentage of waste having LHV > 13MJ/kg; b referring to the MSW directly or indirectly used as input of thermochemical plants, the percentage of waste having ash recovered; c referring to food waste, percentage of this stream sent to anaerobic digestion. The above indicators, proposed and discussed in this paper, have to be integrated with other ones in order to complete the quantification of the role of MSW management in term of energy recovery under a circular economy strategy. It is not the aim of the present paper to give a comprehensive solution to this complex issue.

COMPETITIVENESS IN HOSPITALITY INDUSTRY: ROMANIAN STYLE

OpenAIRE

Claudia-Elena TUCLEA; Ana-Mihaela PADUREAN

2008-01-01

In this paper is presented one of the important sectors of the national economy, at least from its potential for development perspective: the hospitality industry. The research interest is related to finding out the main factors of competitiveness in this field. This research attempts to identify the essential aspects of competitiveness in the hospitality industry. The objectives pursued refer to: discovering the degree to which the concept of competitiveness is understood and capitalized on ...

Monopolistic Market Position and Losses from Monetary Integration

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Paweł Młodkowski

2009-12-01

Full Text Available The objective of the paper is to show how a market position influences company’s gains and losses from monetary integration. The literature on monetary integration already features cost and benefit analysis. However the proposed examples of both results (negative and positive are not offered for different market structures and most often are macroeconomic in nature. The paper develops an idea that a monopolistic enterprise might be worse off because of monetary integration. The case discussed, shows that prior to monetary integration, a specific solution regarding pricing of imported goods allowed the company for: (1 hedging effectively from exchange rate risk, (2 benefiting from long-term appreciation trend of the domestic currency against the euro. Both goals were achieved due to privileged market position (legal monopoly of the company. The monetary integration and the expected full EMU accession is going to remove the need for hedging but simultaneously it will result in loosing the ability to achieve extra profits extracted so far. This is a basis for a claim that costs and benefits flowing from monetary integration could depend on market structure an entity operates in. We conclude that in a more monopolized economies, the microeconomic benefits achieved by households are at the cost of firms, while in a perfect competition gains are uniformly distributed across agents at supply and demand sides of markets. Therefore, producers in monopolized economies could be less prone to join a monetary union. The opposite hypothesis might also be true. In economies with fewer monopolies there are fewer incentives to oppose monetary integration. The comparison of the two extreme settings allows posting a hypothesis that the perfect competition is monetary integration-neutral and the monopoly is monetary integration-averse market structure. Data for the paper and the studied case are originating from one of the largest legal monopolists in Poland that

Revealed Competition for Greenfield Investments between European Regions

NARCIS (Netherlands)

M.J. Burger (Martijn); G.A. van der Knaap (Bert); R.S. Wall (Ronald)

2012-01-01

textabstractIn the modern economy, cities are assumed to be in fierce competition over attracting foreign investments in leading sectors of the world economy. Despite the rich theoretical discourse on these 'wars', it remains unclear which territories are competing with each other over which types

Enabling Sustainable Agro-Food Futures: Exploring Fault Lines and Synergies Between the Integrated Territorial Paradigm, Rural Eco-Economy and Circular Economy

DEFF Research Database (Denmark)

Kristensen, Dan Kristian; Kjeldsen, Chris; Thorsøe, Martin Hvarregaard

2016-01-01

What kind of futures does agro-food imaginaries enable and who can get involved in the making of agro-food futures? In this respect, what can the increasingly influential idea of circular economy potentially offer in terms of enabling more sustainable agrofood futures? We approach this task...... important contributions in relation to studies of alternative food networks and the “quality” turn. These research agendas have challenged the current logic of the food system in terms of offering alternative visions of future development. We highlight two examples from the literature—the eco......-economy and the integrated territorial agri-food paradigm—that develop broader frameworks for rethinking the future of the agro-food system and which have distinguished themselves in contrast to the industrialized and globalized conventional food system. We find that with respect to reorienting and reconfiguring economic...

Future Economy and Touristic Entrepreneurship

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Viorica Jelev

2016-09-01

Full Text Available Specialists claim that Eco-Bio-economy or social economy is the economy of future, in the service of human life by the rational use of environmental resources. The concept brings together in an integrated manner, according to the researchers, economy, ecology, biodiversity, biotechnologies and focuses on integrated sustainable development of the world. The new social economy, together with the corporate social responsibility joins a new multipolar world to a healthy environment by creative and innovative concepts that will ensure the sustainability of living in a sustainable manner. Doctors have added to thisEco-Bio-Economy concept a new one called One Health - a new integrated approach for human, animals and environment health state to that they should emphasize the importance of human behavior upon the planet biodiversity. Economer agents have mostly understood the importance of alarm signals drawn up by researchers on the destruction of the resources of the planet and adapted their business sites to the requirements of the green economy. A responsible business is also ecotourism that promotes a favourable travel for the surrounding environment. It requires accommodation on farms, in peasant houses, small rural hotels. The educational environment contributes to the trend planetary tourism, with the formation of new specialists with new knowledge, behaviors and consumers use formation of new characters, sensitive to environmental issues. This educational model is also promoted by Spiru Haret University, by creating the Master degree in tourism but also in environmental protection.

Integrated traction control strategy for distributed drive electric vehicles with improvement of economy and longitudinal driving stability

OpenAIRE

Zhang, Xudong; Göhlich, Dietmar

2017-01-01

This paper presents an integrated traction control strategy (ITCS) for distributed drive electric vehicles. The purpose of the proposed strategy is to improve vehicle economy and longitudinal driving stability. On high adhesion roads, economy optimization algorithm is applied to maximize motors efficiency by means of the optimized torque distribution. On low adhesion roads, a sliding mode control (SMC) algorithm is implemented to guarantee the wheel slip ratio around the optimal slip ratio po...

Defining the relevant market in the sharing economy

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Francesco Russo

2016-06-01

Full Text Available Since the establishment of commercial sharing economy services like Uber, Blablacar, Lyft, Airbnb, TaskRabbit, etc., the debate about the sharing economy and its effects on competition has generated lively discussions, which have too often dangerously departed from a debate based on objective (market observation to evolve into a quarrel among the supporters and opponents of the online platforms. Undoubtedly, the peculiar features of these new firms’ business models create frictions with the traditional regulatory environment, which currently appears to be incapable of framing them into models and schemes typical of a previous economic phase, such as, for example, one-sided markets, no externalities, and competition mainly on price. Nevertheless, setting aside the more or less impromptu debate about the “social goodness” of these firms, we argue that competition enforcers should look at their effective market power. In fact, as the basic principles of competition law teach us, only when those firms have (more or less legitimate significant market power, will they be subject to special responsibilities and to stringent restrictions and obligations. Toward this aim, it is first necessary to define the relevant market. And, immediately afterwards, to delimit firms’ market position. This, in turn, should help to assess their compliance with the competition rules and the obligations that they are – or rather that they should be – subjected to. This exercise is not an easy one because the traditional regulatory concepts and definitions do not seem to reflect the competition dynamics that characterise the new markets on which we are reflecting. In this paper we focus on a number of challenges that are posed by the sharing economy businesses, suggesting that they could be solved with the traditional competition instruments, although adapted to the peculiar features of the markets that are at stake. These include, among others, multi

Essays on the Indian economy : Competitive pressure, productivity and performance

NARCIS (Netherlands)

Sahoo, A.

2008-01-01

India undertook a drastic economic reform program in 1991, with the significant objectives of removing existing inefficiencies and enhancing global competitiveness. A competitive environment is a prerequisite condition for gaining higher productivity. The main desired role of economic liberalization

Political Economy of Tradeable Permits. Competitiveness, Co-operation and Market Power

Energy Technology Data Exchange (ETDEWEB)

Convery, F.J.; Dunne, L.; Redmond, L.; Ryan, L.B. [Department of Environmental Studies, University College, Dublin (Ireland)

2003-07-01

There is a consistent pre-occupation in the research literature on emissions trading with what configurations of trading arrangements are likely to be economically efficient both statically and dynamically, and - to a lesser extent - what is likely to be fair - who are the winners and the losers. Issues of environmental effectiveness are also addressed in this context. Conversely, amongst the policy practitioners, there is little overt interest in economic efficiency, and not much treatment of fairness. There is a strong interest in implementability, and in environmental effectiveness. The presentations at the workshops reflected these parallel pre-occupations, and attempts were made by some to make a bridge between them. In this paper we review some of the papers and associated other literature that address these issues in political economy, with a particular emphasis on insights emerging as regards competitiveness, co-operation and market power. Much of the relevant research emerging at the workshops was animated by either ex post analysis of existing programmes, or an ex ante analysis of 'new' emissions trading proposals, such as the proposal by the European Commission for a European Union (EU) wide scheme. At our first workshop in Venice, in December 2001, Zapfel and Vainio (2001) presented a paper - 'Pathways to European Greenhouse Gas Emission Trading' - which mapped the at times surprising evolution of the emissions trading idea in Europe, the misconceptions that in the past and still to this day complicate progress, and conclude with a presentation of a coherent case for the creation of an EU wide greenhouse gas emissions trading scheme. They both work with the European Commission in DG Environment, and continue to be heavily involved in moving the emissions trading agenda forward. The Commission had released its proposals just two months earlier, in October 2001, following an intensive consultation process. This co-incidence of

Political Economy of Tradeable Permits. Competitiveness, Co-operation and Market Power

International Nuclear Information System (INIS)

Convery, F.J.; Dunne, L.; Redmond, L.; Ryan, L.B.

2003-01-01

There is a consistent pre-occupation in the research literature on emissions trading with what configurations of trading arrangements are likely to be economically efficient both statically and dynamically, and - to a lesser extent - what is likely to be fair - who are the winners and the losers. Issues of environmental effectiveness are also addressed in this context. Conversely, amongst the policy practitioners, there is little overt interest in economic efficiency, and not much treatment of fairness. There is a strong interest in implementability, and in environmental effectiveness. The presentations at the workshops reflected these parallel pre-occupations, and attempts were made by some to make a bridge between them. In this paper we review some of the papers and associated other literature that address these issues in political economy, with a particular emphasis on insights emerging as regards competitiveness, co-operation and market power. Much of the relevant research emerging at the workshops was animated by either ex post analysis of existing programmes, or an ex ante analysis of 'new' emissions trading proposals, such as the proposal by the European Commission for a European Union (EU) wide scheme. At our first workshop in Venice, in December 2001, Zapfel and Vainio (2001) presented a paper - 'Pathways to European Greenhouse Gas Emission Trading' - which mapped the at times surprising evolution of the emissions trading idea in Europe, the misconceptions that in the past and still to this day complicate progress, and conclude with a presentation of a coherent case for the creation of an EU wide greenhouse gas emissions trading scheme. They both work with the European Commission in DG Environment, and continue to be heavily involved in moving the emissions trading agenda forward. The Commission had released its proposals just two months earlier, in October 2001, following an intensive consultation process. This co-incidence of occurrence of the initiation

THE PLACE OF THE EMERGING ECONOMY OF ROMANIA INSIDE THE EUROPEAN UNION ECONOMIES IN TERMS OF FTSE CRITERIA

Directory of Open Access Journals (Sweden)

Mardiros Daniela-Neonila

2011-12-01

Full Text Available The importance of this research lies from the need to know the economies developed, emerging and frontier of the European Union and the mode of their manifestation according to the market indicators. Consequently, we had in mind a presentation of the economies in the categories mentioned above framed in terms of market criteria used by FTSE Group, a provider of stock market indices and associated data services. Using data from a series of reports published by FTSE we made an analysis of how each of the considered economies and in particular Romania, acts according of these. Was taken into consideration criteria as: market and regulatory environment (formal stock market regulatory authorities actively monitor market; fair and non-prejudicial treatment of minority shareholders; non or selective incidence of foreign ownership restrictions; free and well-developed equity market; no objections or significant restrictions or penalties applied on the repatriation of capital; free and well-developed foreign exchange market; non or simple registration process for foreign investors; custody and settlement (settlement-rare incidence of failed trades; custody-sufficient competition to ensure high quality custodian services; clearing and settlement; stock lending permitted; settlement-free delivery available; custody-omnibus account facilities available to international investors; dealing landscape (brokerage-sufficient competition to ensure high quality broker services; liquidity-sufficient broad market liquidity to support sizeable global investment; transaction costs-implicit and explicit costs to be reasonable and competitive; short sales permitted; off-exchange transactions permitted; efficient trading mechanism; transparency; derivates (developed derivatives market. The final part of the paper is reserved to the understanding of the mode in which each of the considered economies of the European Union, including Romania and regardless of what category

Methodological Foundations of Clustering and Innovativeness for Establishing the Competitive Production of Biofuels

Directory of Open Access Journals (Sweden)

Klymchuk Oleksandr V.

2016-05-01

Full Text Available The article is aimed to study the worldwide trends in development of innovative processes and creation of cluster structures for elaborating methodological foundations for establishing the competitive production of biofuels. The article highlights the cluster approaches in conducting the global commercial activities that create effective mechanisms and tools to encourage innovation-investment regional development and can be characterized by their relevance for the Ukrainian economy. Emphasis is made on the matter that clustering is one of the key tools for structuring the energy market, integrated exploiting the potential of bioenergy industry sector, management of the economic policies of redistribution of value added, implementation of the growth of investment attractiveness of the biofuel industry in our country. It has been concluded that cluster development in the biofuel production will stimulate specialization and cooperation processes in the agro-industrial economy sector, bringing together related businesses in the direction of an effective interaction, thereby ensuring a high level of competitiveness of biofuels in both the national and the international markets.

Energy's role in competitiveness: Context and strategy

Energy Technology Data Exchange (ETDEWEB)

Roop, J.M.

1990-02-01

This study of competitiveness has three objectives. The first objective is to explain how macroeconomic and microeconomic factors can affect structural change in the US economy and how energy is linked to these factors. The second objective is to provide an explanation of how many individual decision makers, in responding to higher energy prices, have changed the structure of the economy. This structural change, and the effect it has had on energy use, is estimated for the US economy. A major component of these changes results from changes in US trade with other countries, which gives rise to the third objective. The third objective is to develop a research design that will allow a better understanding of the role that energy plays in the competitiveness of goods in world trade. 30 refs., 11 figs., 5 tabs.

Industrial location and competitiveness

NARCIS (Netherlands)

S. Brakman (Steven); J.H. Garretsen (Harry); J.G.M. van Marrewijk (Charles)

2006-01-01

textabstractThe interaction between the extent of location advantages and the intensity of firm competition relative to the size of the market jointly determines the location of industrial activity. Technology, factor endowments, geography, and scale economies are influential for determining

Marketing technologies for building competitiveness of companies export

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Tatyana Tsygankova

2017-03-01

Full Text Available In context of post-industrial development of global economy, escalating competition in international goods markets, the definition of competitive export is proposed based upon both existing criteria – sustainability, effectiveness, adaptivity and fair competition, and on those described in the work – ecological performance, service maintenance, brand awareness and high technology. Given that, it is proved that with the aim of detailing the elements of competitive export, the latter should be typified depending upon the performer (export competitiveness of a company, country, region and subject (export competitiveness of goods, services, rights upon intellectual property objects, keeping in mind universal and specific features of export criteria proposed to be characterised through a range of indices on corporate and state levels. Groups of factors affecting export competitiveness building are systematized (institutional, financial and economic, marketing, foreign trade, scientific and technological, resource-related and social and ecological. Marketing technologies are typified on corporate level under the following criteria: novelty, object, creative component availability, internationalization stages, international marketing forms, digitalization level, management functions, customer-centreness scale, international marketing activity stages, financial security, specific features of intercorporate coordination. The practice of applying international marketing technologies by companies is investigated. In context of necessity to overcome crisis phenomena and increase competitive export volume, an assessment is made of integrating national manufacturing into regulated global chains of creating added value with the relevant rating, in particular, depending upon the available potential, minimality of technical and organizational changes, marketing relevancy, enabling to determine the manufacturing areas most prepared to cooperation, and

Economy of scale for nuclear power plants operating in hydroelectric systems - Brazilian case study

International Nuclear Information System (INIS)

Andrade, Gilberto

1996-01-01

Economy of scale is considered to enhance competitiveness of nuclear energy for electricity generation but only when high capacity factors are considered. This study shows that for the brazilian electricity generation system low capacity factors are expected and economy of scale has to be considered against the size of the Nuclear program. Units of 600 MW are competitive both for small and large Programs. (author)

Competitiveness of Slovakia and the Economic Crisis

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Silvia Ručinská

2009-12-01

Full Text Available The impacts of financial crisis in the beginning of this year have also been felt by the Slovak economy. It could be argued that the competitiveness of Slovakia is under the influence of the world economic crisis, as it is a small, open and pro-export oriented economy, hence influenced by foreign markets. Because of limited extent of domestic market, the foreign demand plays a key role in economic growth, a role that depends on the development of international economic affairs. As the biggest Slovak trade partners are in a deep recession, it induces a slowdown in the domestic economy as well. Financial problems of numerous banks in these countries, in combination with the growing lack of trust in the performance of the economies have resulted in a decline in demand and consumption, which had its effects on Slovakia as well. Based on our analysis of the manifestations and consequences of the financial crisis we show the effects on competitiveness of Slovakia, as well as on public policy.

The analysis of aspects of food industry competitiveness in Serbia

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Bešić Cariša

2014-01-01

Full Text Available Competitive ability of the company in modern business conditions is difficult to achieve and easy to lose. The reason for this attitude is the fact that the rapid technological improvement enabled the technology with becoming available to everyone in the world under reasonable terms. Competitiveness of domestic companies is very low. Insufficient application of knowledge, low technological level of enterprises, unproductiveness and inefficiency are just part of the problem. Food industry in Serbia shares the fate of domestic economy - non-competitiveness is one of the main factors which affect the crisis in agricultural sector. The authors of this paper, based on the available national and international statistical data, have done analysis and display of competitive opportunities of domestic economy in general and in particular sectors of food industry. The authors also indicate the possibility of improving competitiveness.

Physiological integration affects growth form and competitive ability in clonal plants

Czech Academy of Sciences Publication Activity Database

Herben, Tomáš

2004-01-01

Roč. 18, - (2004), s. 493-520 ISSN 0269-7653 R&D Projects: GA ČR(CZ) GA206/02/0953 Institutional research plan: CEZ:AV0Z6005908 Keywords : competitive ability * Physiological integration * clonal plants Subject RIV: EF - Botanics Impact factor: 3.215, year: 2004

An integrated approach for developing a technology strategy framework for small- to medium-sized furniture manufacturers to improve competitiveness

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Lourens, A.S.

2013-05-01

Full Text Available Low-technology firms, such as those found within the furniture manufacturing industry, have no framework or methodology to guide them successfully to acquire and integrate technology that enables them to operate more competitively. The aim of this article is to illustrate the development of a technology strategy framework for small- to medium-sized furniture manufacturers to assist them to improve their competitiveness. More specifically, this article presents an integrated technology strategy framework that enables management to integrate their business strategy with their technology requirements successfully, thus improving competitiveness.

A review of the potential for competitive cereal cultivars as a tool in integrated weed management.

Science.gov (United States)

Andrew, I K S; Storkey, J; Sparkes, D L

2015-06-01

Competitive crop cultivars offer a potentially cheap option to include in integrated weed management strategies (IWM). Although cultivars with high competitive potential have been identified amongst cereal crops, competitiveness has not traditionally been considered a priority for breeding or farmer cultivar choice. The challenge of managing herbicide-resistant weed populations has, however, renewed interest in cultural weed control options, including competitive cultivars. We evaluated the current understanding of the traits that explain variability in competitive ability between cultivars, the relationship between suppression of weed neighbours and tolerance of their presence and the existence of trade-offs between competitive ability and yield in weed-free scenarios. A large number of relationships between competitive ability and plant traits have been reported in the literature, including plant height, speed of development, canopy architecture and partitioning of resources. There is uncertainty over the relationship between suppressive ability and tolerance, although tolerance is a less stable trait over seasons and locations. To realise the potential of competitive crop cultivars as a tool in IWM, a quick and simple-to-use protocol for assessing the competitive potential of new cultivars is required; it is likely that this will not be based on a single trait, but will need to capture the combined effect of multiple traits. A way needs to be found to make this information accessible to farmers, so that competitive cultivars can be better integrated into their weed control programmes.

Technological development and knowledge as a source of increasing competitive advantage in Serbia

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Milićević Zoran

2014-01-01

Full Text Available Today, in the era of knowledge economy a competitive advantage is based on technological development and innovation, as well as the exploitation of potential opportunities and possibilities for whose implementation knowledge is necessary. Constant investment in human capital increases productivity, employment and receives a direct source of innovation and longterm competitiveness. Human resources and their knowledge are the key to success for the economy and businesses, while incompetent workforce is one of the most important brake in their business. Development of competition in the domestic and international market, it became imperative for the development of a modern economy. In fact, knowledge is the capitalization of innovation through the creation of new products, services, processes, or labels, but that has no value and significance, if is not commercialized in the market. The aim of this paper is to show the level of competitiveness of the Serbian economy, measurable changes that occur in this direction and degree of easiness of doing business in Serbia, which should contribute to an increase in labor productivity.

The strategic role of partnerships between universities and private corporations as a driver for increasing workforce competitiveness in a global economy

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Damoc Adrian-Ioan

2017-07-01

Full Text Available A global economic context means increased competition as corporations face contenders from other countries, and there is a wider range of choices on the market available to consumers. This global competition drives economic actors to seek competitive edges to increase the efficiency of their operations; within this global economy, corporations seek these advantages, outsourcing their activities in order to make use of the opportunities of globalisation. The same situation can be encountered on the labour market. While the expansion of economic activities globally often means increased employment opportunities, it also means that job seekers from around the world need to become more competitive on the job market to attract better employment opportunities. Workforce competitiveness is determined by various factors, like availability and ease of access (i.e. job market legislation, level and quality of education, and cost. The level and quality of education are of particular concern, as it gauges the potential of the workforce, and is the cornerstone of the controversial “skills gap”, based on a common complaint of corporations regarding a shortage of skilled employees. Acknowledging the importance of this factor, numerous companies have concluded partnerships with local universities, leading to intimate connections between the business environment and education. Thus, in the same manner that supply and demand shape the markets for typical goods and determine the success of a market, these partnerships between universities and corporations influence the labour market, bringing together demand (i.e. the corporations seeking skilled employees and supply (universities and education centres training the future workforce. There are numerous long-term benefits that such partnerships can bring to a country’s education sector. As such, the present paper seeks to examine the strategic importance of partnerships between academia and industry as a key

Economic Globalization - a Phenomenon of Global Business Integration

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Radu-Marcel Joia

2012-05-01

Full Text Available Tumultuous economic life led scientists to seek explanations to the negative economic events,events that take many forms, and to whom it is a must to find a solution or even a mitigating factor. Thefoundation of the economy has undergone many changes. The recent events manifested in the world economyshow that the underlying fundamentals of this science must be revised because they proved to be wrong. Itnotes several times, mainly due to present economic crisis, that currently the economics have no theoreticaland practical means and no tools of analysis and intervention in the economy, proving that the existing onesare exceeded and insufficient, so that the creation of an unifying principle and of some generalizing conceptsthat could systematize and forecast the current economic phenomena in the microeconomics andmacroeconomics, especially in the transnational companies field, those which are the base of the foreigndirect investment flows, should become the main objective of the new economic science. Through this paper,we tried to illustrate the important aspects of economic globalization, the challenges that this phenomenonposes to economies and the way in which an economy can become globally competitive, under massiveconstraints of the global competition, how a national company can become globally integrated, study basedon representative references.

Service Recovery in Transition Economies: Russia and China

OpenAIRE

Wendy K. T. Gubler; Matthew W. McCarter; Kristie K. W. Seawright; Yuli Zhang

2008-01-01

While processes for transition from planned to market economy vary, there is one common outcome from the transition process – more discriminating customers. Growing customer expectations increase the possibility of failing to meet those expectations. In competitive market economies service failures are accompanied by new consequences of lost customer loyalty. These potential losses to service providers that can result from service failures necessitate the implementation of service recov...

How can design science contribute to a circular economy?

DEFF Research Database (Denmark)

Pigosso, Daniela Cristina Antelmi; McAloone, Tim C.

2017-01-01

Circular Economy is increasingly seen as a key approach to operationalising goals and supporting the transition to a sustainable society by enhancing competitiveness and economic growth. Creating a Circular Economy requires fundamental changes throughout the value chain, from innovation, product...... design and production processes all the way to end of life, new business models and consumption patterns. This paper explores how design science can support the transition from the traditional linear 'take-make-consume-dispose' approach, to a Circular Economy. By means of a systematic literature review...

REGULATION AND ENFORCEMENT OF COMPETITION POLICY

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Liviana Andreea Niminet

2014-12-01

Full Text Available Competition policy starts by shaping a legislative framework. This is aimed to establish boundaries for conducting competition and also sets limits of licit and illicit demarcation, for competitive and anticompetitive practices. The Romanian Competition Law has a divalent approach and it aims to provide specific behavioral conditions in order to stimulate and protect free-market competition, with the ultimate goal of developing a balanced, efficient and competitive economy. Our country’s Competition policy is based on punishing the behavior. There are three such types of anti-competitive behavior, namely: agreements between undertakings, abuse of dominant position and mergers and other concentrations between undertakings. Recent Practice proved that this “enforcement-conduct-punishment” structure is not necessary the best way to address competition and it is high time for authorities to switch both regulation and enforcement of competition from the “classical perspective” towards concepts like “competition advocacy” and “soft power” and give competition policy a new, reshaped face.

COMPETITIVE ENVIRONMENT ON THE FINANCIAL - BANKING MARKET OF THE REPUBLIC OF MOLDOVA

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Elena FUIOR

2014-06-01

Full Text Available Banking and finance sectors of the Republic of Moldova the same as in other states are of great importance for sustainable development of the whole economy. The existence of normal competitive environment on the banking sector would provide the national economy with necessary inexpensive financial resources and would support the creation of banking and financial systems able to cope with competitive pressures from outside the country. Recent publications regarding the establishment of Moldovan banking sector highlighted several deficiencies in the relevant competitive environment. In this context, we propose an analysis of the competitive environment on the banking sector of the Republic of Moldova, identifying elements limiting competition and guidelines for the improvement of competitive aspects of Moldovan banking sector taking into account the experience of other countries. The analysis of EU countries experience together with suggested recommendations is expected to stimulate competition in the Moldovan finance sector as well as discourage anti-competitive practices.

Commercialization of Intellectual Property Objects in Nanoindustry as a Factor of Increasing the Competitiveness of the Russian Economy

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Maksim Alekseevich Manyakin

2016-10-01

Full Text Available Formation and development of the sixth technological mode in the global economy leads to the search for new ways to enhance the competitiveness of products both on the domestic and on the world market. Commercialization of intellectual property (IP objects, created in the field of nanotechnology, can be a significant factor in ensuring the competitiveness of the country. The article gives the notion of nanoindustry IP objects’ commercialization as an economic category. The specificity of this process, which takes into account research intensity, capital intensity and interdisciplinary essence of nanotechnology, is disclosed. The basic problems of the IP objects’ commercialization in Russian nanotechnology sphere, as well as the conditions that ensure the effectiveness of this process are characterized. On the basis of analysis of foreign experience in the IP objects’ commercialization in nanoindustry five models of mechanisms managing this process, depending on the role of the state, have been identified. The necessity of reorientation of Russian model of nanoindustry development from a predominant state to the private one in conditions of the budget financing deficit is substantiated. Main directions of improving the process of commercialization of the IP objects created in the field of nanotechnology in Russia are identified.

'Ecological value added' in an integrated ecosystem-economy model. An indicator for sustainability

International Nuclear Information System (INIS)

Kratena, Kurt

2004-01-01

This paper sets up an input-output system of the relevant ecosystem flows that determine the carbon cycle in the global ecosystem. Introducing energy as the value added component in the ecosystem allows to calculate ecosystem prices expressed in 'energy values'. Linking the ecosystem with the economy in an integrated input-output model then allows to calculate prices of economic activities and of ecosystem activities. In analogy to the 'Ecological Footprint', where productive land is needed to absorb anthropogenic emissions, in this integrated input-output model additional carbon sinks are introduced for emission absorption. These carbon sinks need solar energy input, i.e. 'ecological value added'. Emission absorption as well as GDP therefore become activities valued in the numeraire of the integrated system, i.e.'energy values'. From that sustainability indicators can be derived

Knowledge Management – the Key Resource in the Knowledge Economy

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Domingo NEVADO PEÑA

2010-06-01

Full Text Available The influence of global information and communication technology changes and globalization have transformed our society by favoring the economy and innovation as key driver of global competition. Creation and exploitation of knowledge has become key resource in the new economy. All advanced economies are technologically knowledgebased economy. Many of today's managers and their employees, still guided by the definition given by Francis Bacon (1597 “Knowledge is power” instead of “sharing and managing knowledge is power”. Knowing taken alone may not bring value if not shared before and then managed in an efficient manner. This article seeks to demonstrate what knowledge, what the knowledge management is and what are its main implications in the new economy, a knowledge-based economy.

RECIPROCITY IN THE ECONOMY OF THE AGE OF SILICON ECONOMY SYSTEMS TO EARLY EXPERIENCES CURRENT SOLIDARITY ECONOMY

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Horacio, Simes

2012-01-01

Full Text Available Reciprocity is an integrating principle of supportive economy activities. In non-capitalist societies, it has been realized through the participation of certain institutional arrangements that favored the stability of exchange relations. Progress towards capitalist societies and deepening them, dissolved many of these institutional supports, while economy relations separated from other social relations in which it was first inserted. In addition, the selfish individual was become an active participant in the economy life of society. With the construction of market economies and state regulation, reciprocal relationships were being reduced to a lower field activities. Under these circumstances, they should investigate how reciprocity is manifested today, the institutional arrangements that are suitable to give stability and unity to cooperative behavior and the dynamics of their relationship to the context of the market and the state.

Against Amateur Economies: Spec Work Competitions and the Anti-spec Movement

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Helen Kennedy

2013-04-01

Full Text Available The rise and rise of the amateur cultural producer has been greeted with a spectacular amount of celebratory rhetoric, in both popular and academic writing . It has also been criticised, often for the inferior quality of amateur productions compared to the fruits of professional labour. But apart from that by a small number of journalism scholars, little empirical research has been carried out with professional creative labourers about the impact of amateur economies on their work, and their responses to amateur production practices. This article addresses that gap, and also counterbalances the dominant celebratory discourse by focusing on an initiative that is critical of amateur economies and that emerges from creative workers themselves: the anti-spec movement within design industries. Anti-spec activists campaign against speculative (or spec work, which is seen as one problematic materialisation of crowdsourced, amateur economies. Here, it is argued that responses to spec work can be understood in relation to designers’ ethics and values and the extent to which they feel that these are thrown into question by amateur activity.

TRENDS OF NATURAL RESOURCES MARKET IN A GLOBALIZED WORLD ECONOMY

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Cristian, SIMA

2013-10-01

Full Text Available Natural resources are not homogeneous in nature, having certain features in the productive process that require grouping them into different categories by different criteria. Consequently, natural resources cannot be addressed all at once, but only distinctly, according to relevant criteria selected based on the proposed goals. Changing approaches based resources (materials to the knowledge, from quantity to quality, from mass products to new concepts of higher added value, follows a development that is based on eco-efficiency and sustainable products and services. In this respect, integrated research will become key factors towards global processing. Also, global digitalization requires a new approach on the role of information in the development of economy and increase of competitiveness.

The Effect of Competitive Advantage and Human Advantage on Industrial Competitive Strategy (Case Study: Smis in Gorontalo Province)

OpenAIRE

Lasalewo, Trifandi; Masruroh, Nur Aini; Subagyo; Hartono, Budi; Yuniarto, Hari Agung

2016-01-01

Small and Medium Industries (SMIs) have a strategic role in the Indonesian economy, as they earn 61.9 percent of the foreign exchange which goes to make up the nation’s Gross Domestic Product, and nationally they are able to absorb 97 percent of the workforce. The Global Competitiveness Report also notes that SMIs serve as the business units that affect every nation’s competitiveness. Considering this strategic role, the selection of a competitive strategy for these SMIs is absolutely necessa...

Competition and social cohesion

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Mario Libertini

2014-03-01

Full Text Available "Competition" and "social cohesion" are both protected by E.U. and Italian laws. The author moves from the analysis of the meaning of these two concepts, in order to reflect on their compatibility and the way to conciliate them. The central problem - in the opinion of the Author - is to abandon the myth of spontaneous markets' order and to rebuild a political order able to maintain and support, as far as possible, the competitive market economy, but also to govern economic processes in critical moments and situations.

IT/IS plus E: exploring the need for e-integration

Science.gov (United States)

Miele, Renato; Gunasekaran, Angappa; Yusuf, Yahaya Y.

2000-10-01

The change in IT/IS strategy is about the Internet becoming a major part of the corporate environment and driving decisions more and more. Companies of all sizes and industries can fully engage employees, customers and partners to capitalize upon the new Internet economy. They can optimize supply chains, managing strategic relationships, reducing time to market, sharing vital information, and increasing productivity and shareholder value. Remaining competitive in today's rapidly changing global marketplace requires fast action. The problem is now how much, how soon, and what kind of Internet based components are essential for companies to be successful, and how the adoption of E-Integration can become a critical component of company's survival in an increasingly competitive environment. How information, knowledge and innovation processes can drive business success are fundamental notions for the information- based economy, which have been extensively researched and confirmed throughout the IT revolution. The new capabilities to use the Internet to supply large amounts of relevant information from multiple internal and external sources give the possibility to move from isolate Information Systems toward an integrated environment in every business organization. The article addresses how E-Integration must link together data from multiple sources, providing a seamless system, fully interoperable with pre-existing IT environment, totally scalable and upgradeable.

Romanian Business Environment in the Context of Economic Competitiveness Based on Knowledge

Directory of Open Access Journals (Sweden)

Ion STEGAROIU

2012-11-01

Full Text Available The changes of production factors priorities affect more and more the evolution of global economy, requiring reorientation of development policies both at company level and at national economies level to adapt to the phenomenon called: “the new economy” or “knowledge economy”. If for classical economy the ability to compete - competitiveness- depends largely on the quantity or the amount of production factors, at the present, has gained importance the efficiency of their use. The idea of making this article appeared both from the necessity of a systematic research to approach the Romanian competitive environment and the desire to stoop to this important conference theme. We can certainly say that the actual business environment is characterized by a particularly dynamic due to changes that occur within it, especially under the impact of technical and scientific revolution which brought to the fore the knowledge as an essential element of achieving a high competitiveness. It is intended that the proposed theme of this article to have an economic importance for the actual information and adequacy of the current economy in Romania.

Economic Development and "National Competitive Advantage"

OpenAIRE

J.T., Goode

2002-01-01

Despite the preponderance of economic theory and research which argues to the contrary, the notion that national economies stand in a fundamentally competitive relationship with one another remains surprisingly widespread. In recent years, some of the most influential impetus for this misperception has come from Michael Porter's conceptualization of "the competitive advantage of nations" in relation to economic development and date theory. It is argued that Porter neither proposes nor demonst...

The search for co-integration between money, prices and income: Low frequency evidence from the Turkish economy

Directory of Open Access Journals (Sweden)

Saatçioğlu Cem

2009-01-01

Full Text Available In this paper, we aim to test the empirical validity of the QTM relationship for the Turkish economy. Using some contemporaneous time series estimation techniques, our estimation results reveal that stationarity characteristics of the velocities of currency in circulation and the broad money aggregate in the economy cannot be rejected through a quantity theoretical co-integrating long-term variable space. We find that there exists an about one-to-one proportionality between money and prices and money and real income, and that exogeneity of money cannot be rejected for the currency in circulation in the economy. But, the exception here comes from the broad monetary aggregate used in the QTM equation such that money seems to be endogenous as for the long-term variable space.

Integrated environmental research and networking of economy and information in rural areas of Finland

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M. LUOSTARINEN

2008-12-01

Full Text Available This article uses material from many extensive research projects starting from the construction of the electric power supply network and its water supply systems in northern Finland in 1973-1986, to the Agropolis agricultural strategy and networking for the Loimijoki project. A list of the material and references of the publications is available in Agronet on the Internet. All these projects applied integrated environmental research covering biology, the natural sciences, social sciences, and planning methodology. To be able to promote sustainable agriculture and rural development there is a pressing need to improve research methodology and applications for integrated environmental research. This article reviews the philosophy and development of the theory behind integrated environmental re-search and the theory of network economy.

GLOBAL TRADE. THE KEY TO TRANSATLANTIC COMPETITIVENESS

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Mădălina Laura CUCIURIANU

2015-04-01

Full Text Available Global trade has an important characteristic in terms of open global markets by means of eliminating barriers to trade and investment. The United States and the European Union, two major international actors and competitors in the economic field, have both the opportunity to change the global trade by concluding the negotiations of the Transatlantic Trade and Investment Partnership. For this reason, this paper tries to find the connections between global trade and transatlantic competitiveness in the way that the global trade can be considered a key to transatlantic competitiveness. The United States and the European Union are global actors and competitors in the global economy and the play field is the global trade. In order to be aware of the importance ofglobal trade in the transatlantic competitiveness, this paper includes also an analysis of the concrete actions that both economic powers are taking in key-sectors of the transatlantic economy.

Amendment of the Energy Economy Act. Novellierung des Energiewirtschaftsgesetzes

Energy Technology Data Exchange (ETDEWEB)

1990-12-20

The Federal Association of German Industry deliberates on the reform of the Energy Economy Act, arriving at the following intermediate result that is to be discussed by the member associations. The following might be essential points for the attitude of the industry regarding the reform of the energy economy act: deregulation, qualitative modernization, concentration on electric power and gas, differentiated regulations for power and gas, limitation of municipal influence (outside the scope of the energy economy act: reform of the municipal right of way), secure power and gas supply at internationally competitive prices. This is followed by considerations regarding the individual provisions of the energy economy act and their discussion. (orig./HSCH).

The Future of the World Economy is an Integrated World Economic Structure

Directory of Open Access Journals (Sweden)

Sergey Yurievich Glazyev

2018-03-01

the Integrated world economic structure. The authors formulated the main contradiction of our present day — the confrontation of the dying Industrial Civilization in the face of the cumulative West and the emerging Information Society. The authors analyzed the main tendencies, problems and possible alternatives to the development of the world economy. It can ensure the development and adoption of political decisions for the most painless transition of Russia to the emerging forms and institutions of the global economy.

Technology innovation in an integrated energy economy

International Nuclear Information System (INIS)

Isaacs, E.

2006-01-01

A discussion on technology innovation in an integrated energy economy was presented. The mission, mandate and strategy of the Alberta Research Institute was first presented, followed by a discussion on oil supply needs based on historic demand. The presentation then addressed what might happen as oil demand and supply peak. A comparison of conventional versus unconventional resources was included along with a chart illustrating Alberta's contribution to total global reserves. Other topics addressed in the presentation in chart format included: natural gas requirements and natural gas use in oil sands; marketable gas production and the number of producing gas wells; Alberta's natural gas situation; and net United States imports of natural gas. Options for reducing natural gas consumption in oil sand production processes were also identified. These included steam assisted gravity drainage; solvent processes, electrical heating, combustion, nuclear, geothermal, and gasification processes. Advantages and disadvantages of replacing natural gas through gasification were presented. Last, the presentation provided an unconventional gas technology roadmap and discussed an innovative energy technology program. It was concluded that there are no clear cut options for replacing the huge amount of natural gas needed in the expanding oil sands sector. tabs., figs

Directions of Increasing Competition in Clothes and Textiles Industry on the Basis of Information Technologies

Directory of Open Access Journals (Sweden)

Daina Jansevičiūtė

2011-04-01

Full Text Available The importance of the clothes and textile sector in Lithuanian economy is discussed and declining trends of the sector values for the economy warns about the problems of competitiveness in the current economic conditions. The main factors behind the decline in the competitiveness of the sector are provided; and directions of the development, which are associated with the intensified use of information technologies to create new competitive advantages of the sector, are analysed.Article in Lithuanian

Competition and the hydrogen market

International Nuclear Information System (INIS)

Takeda, T.

2006-01-01

This paper addresses the issues of competition in the hydrogen market. The major drivers for the hydrogen-based economy are industrial growth, environmental and health benefits from improved air quality and reduced greenhouse gases as well as diversification of energy supply and security

A disparity between locomotor economy and territory-holding ability in male house mice.

Science.gov (United States)

Morris, Jeremy S; Ruff, James S; Potts, Wayne K; Carrier, David R

2017-07-15

Both economical locomotion and physical fighting are important performance traits to many species because of their direct influence on components of Darwinian fitness. Locomotion represents a substantial portion of the total daily energy budget of many animals. Fighting performance often determines individual reproductive fitness through the means of resource control, social dominance and access to mates. However, phenotypic traits that improve either locomotor economy or fighting ability may diminish performance in the other. Here, we tested for a predicted disparity between locomotor economy and competitive ability in wild-derived house mice ( Mus musculus ). We used 8 week social competition trials in semi-natural enclosures to directly measure male competitive ability through territorial control and female occupancy within territories. We also measured oxygen consumption during locomotion for each mouse using running trials in an enclosed treadmill and open-flow respirometry. Our results show that territory-holding males have higher absolute and mass-specific oxygen consumption when running (i.e. reduced locomotor economy) compared with males that do not control territories. This relationship was present both before and after 8 week competition trials in semi-natural enclosures. This disparity between physical competitive ability and economical locomotion may impose viability costs on males in species for which competition over mates is common and may constrain the evolution of behavioral and phenotypic diversity, particularly in natural settings with environmental and resource variability. © 2017. Published by The Company of Biologists Ltd.

Competitiveness and Campaign '88.

Science.gov (United States)

Kernan-Schloss, Adam, Ed.; And Others

This report profiles the positions of the six Democratic and six Republican 1988 presidential candidates on policy issues affecting U.S. competitiveness in the global economy. Candidate profiles are provided for: Bruce Babbitt, Michael Dukakis, Richard Gephardt, Albert Gore, Jr., Jesse Jackson, and Paul Simon (Democrats); and George Bush, Robert…

Based on the core competitiveness of enterprise innovation culture research

Institute of Scientific and Technical Information of China (English)

韩 军

2017-01-01

In the spring tide of market economy at present, the enterprise is a must to survive in order to achieve innovation, promote enterprise's core competitiveness. Enterprise innovation culture, the promotion enterprise's core competitiveness plays an important role in promoting, therefore must complete enterprise innovation culture. Therefore, put forward by enterprise innovation culture, promote enterprise's core competitiveness.

Trends of International Trade in Services: Integration Opportunities for Ukraine

Directory of Open Access Journals (Sweden)

Tetyana Bodnarchuk

2017-12-01

Full Text Available In the article the main trends and patterns of the development of international trade in services in the period of post-industrial development of the world economy are considered. Ukraine’s competitive positions on international service market are outlined. The main endogenous factors of enhancing the country’s integration to the world trade relations system in service sector are determined.

Economy of the depletable resources

International Nuclear Information System (INIS)

Hotelling, Harold Traductores Alvarez H Carlos Guillermo; Diaz Serna, F Javier; Olaya A, Alfredo

2001-01-01

Classic economic theory is analyzed with respect to the exploitation of renewable natural resources renewable as mining and oil exploitation. The principles of the mining economy and the good path of exploitation are presented under the assumptions of monopoly, duopoly and free competition. Advanced mathematical tools are used for the optimization and the effects of the taxes and the compensatory rates are included

COMPETITION FOR THE MARKET AND LIBERALIZATION: THE FRENCH EXPERIENCE

Directory of Open Access Journals (Sweden)

Bruno Lassere

2014-12-01

Full Text Available Progressing from a state controlled economy to a fully liberalized market economy takes considerable efforts. Depending on the specificities of the markets and the sectors regulated, the opening of markets to competition can take different forms. Competition on the market is considered to be the traditional form of competition. Certain economic sectors, however, are not prone to this traditional form of competition, specifically in situations where natural monopolies seem to be the only viable solutions. This is where competition for the market can be a good substitute.Competition for the market implies that a bidding process is organized to select the operator, which will be allowed to serve demand on a given market for a given time. Going through this bidding process is meant to introduce market mechanisms or, in other words, ex ante competition. As such, competition for the market contributes to put competitive pressure on monopolists, which is beneficial to consumers and users not only in terms of price and service quality, but also in terms of adjustment between supply and demand and access to information.Experience has shown, however, that several factors can hinder the expected benefits derived from competition for the market. In light of these difficulties, the French Competition Authority de la concurrence has developed solutions to unleash the full potential of competition for the market.Naturally, once markets are liberalized, comes the time for regulation through enforcement actions as well as continued advocacy efforts toward government, incumbent operators and new market players.

A Rule of Reason for Inward FDI: Integrating Canadian Foreign Investment Review and Competition Policy

Directory of Open Access Journals (Sweden)

Grant Bishop

2016-10-01

regime would require decisions based on economically-grounded criteria, with the onus placed on the federal government to prove that a given transaction would be detrimental to the domestic economy. This would shift the government’s role from its current one, in which the minister of innovation, science and economic development approves a proposal deemed to be beneficial to Canada, and has broad powers to withhold federal approval. This leaves the rejected foreign acquirer with no impartial avenue of appeal, such as a specialized tribunal. The reforms to the ICA should also include establishing a specialized tribunal where foreign acquirers can challenge negative decisions, just as the Competition Act provides a means for challenging antitrust aspects of mergers and acquisitions more broadly. There is extensive empirical evidence demonstrating that foreign investment is beneficial to Canada because it results in improvements in productivity and competitiveness. As well, foreign-controlled firms in Canada pay higher wages, make large investments in R&D, innovation and skilled labour, experience fewer layoffs during economic downturns, and impart their technologies to domestic firms, among other benefits. Indeed, from 1980 to 1999, 2/3 of Canada’s manufacturing sector labour productivity growth came from foreign-controlled companies, even though they comprised only 40 per cent of that sector’s employment. Not only could the Competition Act with its tribunal model serve as a framework for these much-needed reforms to the ICA, but, as well, reform of the ICA should similarly entrench the promotion of competition, economic efficiency and domestic welfare as its core objectives. That translates to not treating foreign investment as an end in itself, but as a means to promote economic efficiency through competition in both markets for products and corporate control.

Business Intelligence & Knowledge Management - Technological Support for Strategic Management in the Knowledge Based Economy

Directory of Open Access Journals (Sweden)

Dorel PARASCHIV

2008-01-01

Full Text Available The viability and success of modern enterprises are subject to the increasing dynamic of the economic environment, so they need to adjust rapidly their policies and strategies in order to respond to sophistication of competitors, customers and suppliers, globalization of business, international competition. Perhaps the most critical component for success of the modern enterprise is its ability to take advantage of all available information - both internal and external. Making sense of all this information, gaining value and competitive advantage through represents real challenges for the enterprise. The IT solutions designed to address these challenges have been developed in two different approaches: structured data management (Business Intelligence and unstructured content management (Knowledge Management. Integrating Business Intelligence and Knowledge Management in new software applications designated not only to store highly structured data and exploit it in real time but also to interpret the results and communicate them to decision factors provides real technological support for Strategic Management. Integrating Business Intelligence and Knowledge Management in order to respond to the challenges the modern enterprise has to deal with represents not only a "new trend" in IT, but a necessity in the emerging knowledge based economy. These hybrid technologies are already widely known in both scientific and practice communities as Competitive Intelligence. In the end of paper,a competitive datawarehouse design is proposed, in an attempt to apply business intelligence technologies to economic environment analysis making use of romanian public data sources.

ENTREPRENEURSHIP IN TERMS OF THE LEVEL OF ECONOMIC COMPETITIVENESS

Directory of Open Access Journals (Sweden)

Elena Mihaela ILIESCU

2016-06-01

Full Text Available Considering that from a qualitative point of view, human activity in general, has recorded a significant leap along with the debut of entrepreneurial activities, from the “creative destruction” perspective through competition of Joseph Scumpeter until present, entrepreneurial theory and practice reveals a generally accepted point of view: entrepreneurship, regardless of the form under which it is carried out, represents the engine for the market economy system, the determining factor of competitiveness growth and sustainable economic growth. Once aware of the positive impact it has on the economy and society, entrepreneurship has and is being promoted at a national level, European and global by creating, coordinating and implementing a strategic framework, legislative and financially favorable. However, the socio-economic data analysis shows that, economies having an analog development level, record different entrepreneurial rates, that similar entrepreneurial activities have a different impact on economic development or that, as the economies record a higher development level, the interest for initiating new businesses declines. From this perspective, the purpose of this paper is to underline and promote the entrepreneurship’s role as a fundamental source for increasing growth potential and national and regional development in the long term, and to highlight, based on empirical data, the interdependency, the qualitative and quantitative correlation between the entrepreneurial rate and the competitiveness level of a country.

Competitive energy markets. The effective route to improving the environment

International Nuclear Information System (INIS)

Swinden, D.J.

1996-01-01

Market forces, operating in an increasingly competitive energy market, are a preferred route to achieving environmental and energy efficiency benefits, than those which can be achieved through a managed approach adopted by many governments. It is shown, through examples, how electricity is a catalyst for change at several levels in business, the community and the general economy. Experience in the United Kingdom indicates that free market forces and inter-energy competition not only help improve the regional and therefore national economy, but they offer a very effective way of introducing improvements in energy efficiency and the environment. Governments should establish the framework for competition and regulation but not attempt to manage an industry, which is invariably done more effectively by those who run them. (author)

KNOWLEDGE MANAGEMENT AND LEADERSHIP - THEIR IMPACT ON CREATING SUSTAINABLE COMPETITIVE ADVANTAGE

Directory of Open Access Journals (Sweden)

Ljiljana Stošić Mihajlović

2014-10-01

Full Text Available Modern economy, less oriented to natural resources, and more on the intellectual aspects of asset, based on the fact that the competitive advantage of any company is the knowledge that she possesses. Terms of economic theory terms, it is necessary to build a strategy that will produce super profits, ie. strategy that will enable the efficient exploitation of knowledge companies to win competitive advantage. It is assumed that knowledge in its explicit or implicit manifestations can be managed. The question is how to develop a knowledge management strategy that would exploit this valuable resource and protect its value. Possibility of knowledge management is becoming increasingly important in today's so-called. knowledge economy (knowledge economy. The creation and dissemination of knowledge within modern organizations is becoming increasingly crucial factor in achieving and maintaining its competitive advantage. In fact, the only sustainable competitive advantage of modern organizations derives from what the company knows, how efficiently used what you know and how quickly acquire and use new knowledge. Modern organizations in the era of knowledge is one who learns, remembers and acts on the basis of the information and knowledge available in the best possible way.

Government quality bases in the field of restaurant economy

OpenAIRE

Naumenko, M.; Vanichev, V.

2010-01-01

In the article is considered question of quality management as one of backer-ups competitiveness of enterprises of restaurant business and the problems of quality of grant of services restaurant economies are reflected.

Disentangling Competition Among Platform Driven Strategic Groups

DEFF Research Database (Denmark)

Kazan, Erol; Tan, Chee-Wee; Lim, Eric

2015-01-01

In platform-driven markets, competitive advantage is derived from superior platform design and configurations. For this reason, platform owners strive to create unique and inimitable platform configurals to maintain and extend their competitiveness within network economies. To disentangle firm...... competition within platform-driven markets, we opted for the UK mobile payment market as our empirical setting. By embracing the theoretical lens of strategic groups and digital platforms, this study supplements prior research by deriving a taxonomy of platform-driven strategic groups that is grounded...

Consumer Empowerment in the Digital Economy: Availing Sustainable Purchasing Decisions

Directory of Open Access Journals (Sweden)

Patrizia Gazzola

2017-04-01

Full Text Available The advent of the digital economy and, implicitly, of competition in the online marketplace has triggered new challenges in terms of consumer protection approaches. Online, consumer skills are expected to be improved and the level of consumer awareness and engagement increased. These are the baseline prerequisites of the sustainable purchasing decision and, thus, should be considered as pillars of responsible online consumption. Consistent with the novel consumption challenges, the current paper is intended to advance and test a research model integrating five main constructs, namely, competition in the online marketplace, online consumer skills, online consumer awareness, online consumer engagement and sustainable purchasing decision. A total of 318 college students—a representative population of the new Millennials generation—accepted the invitation to participate in a questionnaire-based survey. In order to pertinently analyze the collected data, a structural equation modeling technique based on partial least squares was employed for the assessment of the measurement and the structural model. The findings indicated that the model explained 24.4 percent of the variance of sustainable purchasing decisions, while the highest influence was exerted by the improvement of online consumer skills. This implies that online providers should revisit their products sustainability standards on purpose to preserve a competitive advantage.

Hungary Embracing Globalization: The Challenge Of Competitiveness

OpenAIRE

Laszlo Csaba

2007-01-01

This think piece is an attempt to survey the evolution of competitiveness in a small open economy under the angle of costs and benefits of globalization. First a historical survey assesses the road leading to the present sage of transnationalization. Then a situation assessment is presented, followed by a survey of challenges and factors of competitiveness. Finally some general lessons are listed, without attempting to be exhaustive.

Impact of Contemporary Crisis on the European Union's and United States of America’s Economies

Directory of Open Access Journals (Sweden)

Mihaela NECULITA

2016-12-01

Full Text Available Globalization is a complex set of processes with the purpose of achieving an international integration at economic, military, political, socio-cultural and security level, aiming to equalize the standards of living and develop on a global scale. Just because of globalization, the effects of a global crisis can propagate extremely fast at planetary level, and countries must find the resources to cope with the shocks that may arise. The contemporary phenomenon of globalization, which has widened the global area of economies, sectors and firms confrontation, has laid an emphasis on their competitiveness importance for their favorable position in the international competition. In the same time, has obliged to take proper and concerted measures to stimulate the determining factors of action and to take better advantage of their effects. The purpose of the paper is to determine whether an increase in integration could reduce the disparities between countries. The States and regions need significant financial help to solve various problems and achieve their potential of growth.

Managing Multiple Sources of Competitive Advantage in a Complex Competitive Environment

Directory of Open Access Journals (Sweden)

Alexandre Howard Henry Lapersonne

2013-12-01

Full Text Available The aim of this article is to review the literature on the topic of sustained and temporary competitive advantage creation, specifically in dynamic markets, and to propose further research possibilities. After having analyzed the main trends and scholars’ works on the subject, it was concluded that a firm which has been experiencing erosion of its core sources of economic rent generation, should have diversified its strategy portfolio in a search for new sources of competitive advantage, ones that could compensate for the decline of profits provoked by intensive competitive environments. This review concludes with the hypothesis that firms, who have decided to enter and manage multiple competitive environments, should have developed a multiple strategies framework approach. The management of this source of competitive advantage portfolio should have allowed persistence of a firm’s superior economic performance through the management of diverse temporary advantages lifecycle and through a resilient effect, where a very successful source of competitive advantage compensates the ones that have been eroded. Additionally, the review indicates that economies of emerging countries, such as the ones from the BRIC block, should present a more complex competitive environment due to their historical nature of cultural diversity, social contrasts and frequent economic disruption, and also because of recent institutional normalization that has turned the market into hypercompetition. Consequently, the study of complex competition should be appropriate in such environments.

Competitive Advantages of Effective Relationships of Business Entities as a Basis for Economic Development of Ukraine

Directory of Open Access Journals (Sweden)

Butenko Nataliia V.

2016-11-01

Full Text Available The aim of the article is to determine the transformation of sense of relationships between business entities in the national economy as well as basic ideas and principles of forming competitive advantages of effective relationships. The objective preconditions for the transition from the confrontation strategy to relationships as a basis of interaction of business entities in the structure of the national economy are analyzed. It is determined that the weakening of the antagonistic dominant of competitive relations and the growing importance of a constructive component of partnership has become a background of the desire of business entities to establish effective relationships. The attention is focused on the trends of the cooperation and integration approach to competitive behavior, which is manifested in such forms of competitive interactions as coordination, constructive interaction and competitive collaboration in order to achieve individual and common goals of competitive relationships of the entities. The competitive advantages based on establishing long-term and effective relationships are considered. The peculiarities in the formation of the system of relationships in the insurance market are justified, in particular the causes hindering the development of relationships in the sphere of security are determined, the main partners — entities in the system of relationships in the insurance market are identified, the levels of relationships management in the insurance market are determined. Among the advantages of the use of effective relationships in the field of insurance are the following: improving the company’s image, attracting new customers, additional sales of insurance services, limiting the access of competitors’ offers, more efficient use of the advertising budget, improving the efficiency of the development of new insurance products and services, increasing the profits and value of brands, improving relations with

INSTITUTIONAL APPROACHES OF MODERN SOCIO-ECOLOGO-ECONOMIC FORMS OF ECONOMY IN AGRARIAN SECTOR OF ECONOMY OF UKRAINE

Directory of Open Access Journals (Sweden)

O. Pimenova

2014-09-01

Full Text Available Main problems of agrarian sector of economy of Ukraine are revealed. Main directions of development of agriculture of Ukraine are determined. The necessity of socio-ecologo-economic agrarian sector is proved. Tendencies of institutionalization of forms of economy in a system of agrarian relationship were investigated. The necessity of creation of effective system of institutions with an aim of functioning effective and rational forms of economy in agrarian sector of Ukraine, which could provide a balancing of economic, social and ecologic spheres, is confirmed. In the paper is proved the necessity of creation and function of social-ecologo-economic model of agriculture development, where a social-ecologo-economic development is characterized like economic development of rural territories, rural employment in agriculture, the efficiency of employment, ecologo-safe production focused on human needs and etc., on the one side and on the other side is a significant role of rural social capital. Based on the analysis of scientific literature, it's confirmed that development socio-ecologo-economical forms of economy are accompanied with modification of the institutional structure of regulation of agriculture. It's proved that the functioning of effective forms of economy promotes the competitiveness of the agricultural sector of the national economy.

The New and the Future Look of the Economy

Directory of Open Access Journals (Sweden)

Liliana CRĂCIUN

2012-01-01

Full Text Available The global financial situation and our future economy remain vital concerns for us all. As a result, the government and the business community have to stimulate the economy and give it new dimensions. Virtually everyone agrees on the importance of the economy, but no consensus has or is expected to be reached soon as to the definition of the economy. Economy as a “discipline”' is a concept torn apart by current economic crisis, where fierce competition, greed and consumerism will neither solve the crisis in progress nor will they rehabilitate the economy. It is true that the current economic crisis and the times of slower economic growth that will inevitably follow are old system-related symptoms of the excesses and the recklessness accumulated in time at global level, for which reason we see ourselves forced now to reconsider the options that are lay ahead and outline a clear future perspective.

Research document no.31. Integration of European gas markets: nascent competition in a diversity of models

International Nuclear Information System (INIS)

Finon, D.

2002-01-01

The idea of building an integrated European gas market based on competitive trade, like a gas lake supplied indifferently by remote, intra-European and national sources with the help of active market places allowing arbitration and price convergence, is far from being reached. In fact it depends upon two conditions: the deregulation of each gas market at national level, and at the upper level of the market the change in contractual relations between remote gas producers and buyers, who currently make the relations rigid with long-term transactions and limit opportunities for exchange on a competitive basis. This document analyses at two levels, namely national and European, the changing shape of the European gas markets under the effects of the market reforms and their chance of integration. Firstly the former two-level European gas market, the legacy of which determines the constraints on competition development more strongly than in electricity, are characterized. Secondly, in order to characterize the potential for development of competition, the main traits of each national gas market are identified in terms of market attractiveness and market accessibility for the incumbents competitors. Thirdly, dynamics of market development towards market integration are inferred at European level from these characteristics and from the possibility for development of new forms of gas trade between foreign producers, suppliers and users at national level. (A.L.B.)

Research document no.31. Integration of European gas markets: nascent competition in a diversity of models

Energy Technology Data Exchange (ETDEWEB)

Finon, D

2002-07-01

The idea of building an integrated European gas market based on competitive trade, like a gas lake supplied indifferently by remote, intra-European and national sources with the help of active market places allowing arbitration and price convergence, is far from being reached. In fact it depends upon two conditions: the deregulation of each gas market at national level, and at the upper level of the market the change in contractual relations between remote gas producers and buyers, who currently make the relations rigid with long-term transactions and limit opportunities for exchange on a competitive basis. This document analyses at two levels, namely national and European, the changing shape of the European gas markets under the effects of the market reforms and their chance of integration. Firstly the former two-level European gas market, the legacy of which determines the constraints on competition development more strongly than in electricity, are characterized. Secondly, in order to characterize the potential for development of competition, the main traits of each national gas market are identified in terms of market attractiveness and market accessibility for the incumbents competitors. Thirdly, dynamics of market development towards market integration are inferred at European level from these characteristics and from the possibility for development of new forms of gas trade between foreign producers, suppliers and users at national level. (A.L.B.)

Integration & Impact of Information Technology on Indian Economy

OpenAIRE

Dr. Gulrukh Salim

2014-01-01

India occupies a major place in list of developing countries and is expected to have basic capabilities to compete with world economies. Before 1991, India adopted policy of self-reliance but in this era of LPG, India’s industrial and agricultural structure is being transformed into open and mixed economy. On the basis of various surveys and fact conducted by National and International Agencies, India is still lacking in the basic needs of livelihood, despite having occupied the position of t...

Life on the edge: navigating the competitive tensions between the 'social' and the 'economic' in the social economy and in its relations to the mainstream

OpenAIRE

Ray Hudson

2009-01-01

Drawing on detailed empirical research in the UK, in this article I explore the motivations that lie behind the formation of social economy organisations (SEOs) and the multiple trajectories that these can then follow and the tensions to which this can give rise as the ‘social’ runs up against the ‘economic’. This can, and often does, involve competition between SEOs in limited local markets and in search of state grant income. For those that seek to transcend these limits, the tensions betwe...

Economics of the energy economy; Oekonomie der Energiewirtschaft

Energy Technology Data Exchange (ETDEWEB)

Henrichs, Birgit

2008-11-15

The series designed by the Federal Association of Energy and Water Economy (BDEW) presents the topic energy by means of an interdisciplinary way in seven magazines. Each magazine is dedicated to important sub-topics. The series does not only address teachers of subjects in the field of natural sciences like physics, biology and chemistry but also teachers of the subjects social studies, geography, work studies and technology of the forms 5 - 10. The present seventh magazine of the study sequence is dedicated to the subject economics of the energy economy. The following aspects are described: the history of energy supply by pipelines, from a monopoly to competition, the electric power and gas market and its mechanism, basic elements of the energy policy, the role of the energy economy in the overall economy as well as perspectives of the world energy supply. (orig./RHN)

Impact of Foreign Direct Investments on Unemployment in Emerging Market Economies: A Co-integration Analysis

Directory of Open Access Journals (Sweden)

Yilmaz Bayar

2017-09-01

Full Text Available Purpose: The goal of the paper is to investigate the long run effect of both foreign direct investments and domestic investments on the unemployment in 21 emerging economies over the period 1994-2014. Design/methodology/approach: The effect of domestic and foreign direct investments on unemployment was investigated via panel data analysis. First tests of cross-section dependence and homogeneity were conducted, and then the stationarity of the series was analyzed with Pesaran's (2007 CIPS unit root test. The long run relationship among the series was examined with Westerlund-Durbin-Hausman's (2008 co -integration test. Finally, we estimated the long run coefficients with the Augmented Mean Group (AMG estimator. Findings: The empirical findings revealed a co-integrating relationship among domestic investments, foreign direct investments, and unemployment. Furthermore, foreign direct investment inflows affected the unemployment positively in the long term, but domestic investments affected the unemployment negatively. Originality/value: This study can be considered as one of the early studies researching the long run interaction between domestic investments, foreign direct investments and unemployment for the sample of emerging market economies. Furthermore, the findings are very meaningful for policymakers in the design the economic policies for decreasing unemployment.

Technology innovation in an integrated energy economy

Energy Technology Data Exchange (ETDEWEB)

Isaacs, E. [Alberta Energy Research Inst., Edmonton, AB (Canada)

2006-07-01

A discussion on technology innovation in an integrated energy economy was presented. The mission, mandate and strategy of the Alberta Research Institute was first presented, followed by a discussion on oil supply needs based on historic demand. The presentation then addressed what might happen as oil demand and supply peak. A comparison of conventional versus unconventional resources was included along with a chart illustrating Alberta's contribution to total global reserves. Other topics addressed in the presentation in chart format included: natural gas requirements and natural gas use in oil sands; marketable gas production and the number of producing gas wells; Alberta's natural gas situation; and net United States imports of natural gas. Options for reducing natural gas consumption in oil sand production processes were also identified. These included steam assisted gravity drainage; solvent processes, electrical heating, combustion, nuclear, geothermal, and gasification processes. Advantages and disadvantages of replacing natural gas through gasification were presented. Last, the presentation provided an unconventional gas technology roadmap and discussed an innovative energy technology program. It was concluded that there are no clear cut options for replacing the huge amount of natural gas needed in the expanding oil sands sector. tabs., figs.

Research on the development and countermeasures for circular economy

Institute of Scientific and Technical Information of China (English)

无

2007-01-01

Ecological economics and sustainable development economics are the basic theories to research on circular economy. Through the systemically research on the relationship of the three above, this paper thinks that the reuse and recycle of circular economy ts a way that the stall is mended after a sheep is lost. Although the reduction technically controls the production process, it cannot solve the waste caused by blind production and excess competition. We have experienced variety obstacles when implementing the circular economy, whose main reason ts the conflict between the individual ration and the social ration. Therefore, only when the individual ration and social ration incline to conformity,the cooperating Nash equilibrium will be appeared. In order to realize the harmony of ecology, economy and society, we have to explore effective evaluation theory. This paper cites the "five flows of wealth operation theory"from professor Ma Chuandong to search operation mechanism of circular economy, makes clear the developing thoughts of circular economy based on the realities, and brings forward some countermeasures to develop circular economy based on the above theoretical analysis.

INSTITUTIONS IN TRANSITION: IS THE EU INTEGRATION PROCESS RELEVANT FOR INWARD FDI IN TRANSITION EUROPEAN ECONOMIES?

Directory of Open Access Journals (Sweden)

Uros Delevic

2017-02-01

Full Text Available This research challenges the contemporary view of economic policy makers in transition European economies that the EU integration process will lead to a greater inflow of Foreign Direct Investments (FDI, thereby increasing living standards. With the Brexit referendum, the integration of the EU has been threatened by a distressing existential question: is EU membership valuable for transition countries if even developed countries (like the UK vote to leave or decided not to align like Switzerland and Norway in the past? Our analysis considers the success of several countries in Eastern Europe in attracting and benefiting from FDI on their way to EU membership. Analyzing a 13-year panel data of 16 transition countries, we found no statistically significant positive association between FDI inflow and EU accession. We argue, that it is also important to consider the welfare for domestic economies that can emerge from those investments. We illustrate this through the case study of a successful combination of institutional development and local content policies implementation accompanied by sufficient FDI inflows in a non-EU country - Kazakhstan.

Performance of the Life Insurance Industry Under Pressure : Efficiency, Competition, and Consolidation

NARCIS (Netherlands)

Bikker, Jacob A.

2016-01-01

This article investigates efficiency and competition in the Dutch life insurance market by estimating unused scale economies and measuring efficiency-market share dynamics during 1995-2010. Large unused scale economies exist for small- and medium-sized life insurers, indicating that further

The Brazilian electric power industry restructuring: an evaluation of the competition through the contestable market theory

International Nuclear Information System (INIS)

Vinhaes, Elbia; Santana, Edvaldo de

1999-01-01

The central issue of debate was the need to align the energy sector's options and organization with changing global patterns of economic and social development, characterized by the increasing role played by the private sector, greater integration in the world economy, and new economic and social priorities such as efficiency, decentralization, deregulation, and a closer attention to environmental issues. The aim of the work is to evaluate the competition in the Brazilian electric power industry through the Contestable Market Theory proposed by Baumol

Social economy and social enterprise

DEFF Research Database (Denmark)

Hulgård, Lars

2011-01-01

practice will be put under increasing pressure. There is a difference between a social economy approach to the third sector and an approach based upon the notion of a non-profit constraint. Social economy is well positioned as a third sector to play a core role in meeting this urgency. But how does...... the social economy fit with current strategies in the areas of welfare policies and social service? Is it as a certain type of social entrepreneurship an integral part of a social innovation of the mainstream market economy or is it part of an emerging counter discourse in the sense of a participatory non...

Pollution taxes and international competitiveness

International Nuclear Information System (INIS)

Birch Soerensen, P.

1994-01-01

Throughout the industrialized world policy makers are becoming increasingly aware of the potential gains in economic efficiency and environmental quality to be reaped in certain areas of pollution control by switching from direct regulation to market-oriented policy instruments such as pollution taxes. However, concern about the impact on the international competitiveness of domestic producers seems to make governments in many countries hesitant to introduce pollution taxes. As a result, several observers have called for international agreements on harmonized pollution taxes among larger groups of countries such as the member states of the European Community. This paper argues that policy makers should be less concerned about the effects of pollution taxes on international competitiveness and more conscious about their effects on economic efficiency and equity. If pollution taxes improve the allocation of resources, it would be possible to compensate those citizens who might lose from their introduction and still leave the rest of society better off. The openness of the economy only means that a given improvement of environmental quality can be achieved through a lower level of pollution tax rates than would be necessary in a closed economy, because a given pollution tax rate will cause a greater contraction of output in polluting industries, the more these industries are exposed to foreign competition. (EG)

Generation IV nuclear energy systems and hydrogen economy. New progress in the energy field in the 21st century

International Nuclear Information System (INIS)

Zang Mingchang

2004-01-01

The concept of hydrogen economy was initiated by the United States and other developed countries in the turn of the century to mitigate anxiety of national security due to growing dependence on foreign sources of energy and impacts on air quality and the potential effects of greenhouse gas emissions. Hydrogen economy integrates the primary energy used to produce hydrogen as a future energy carrier, hydrogen technologies including production, delivery and storage, and various fuel cells for transportation and stationary applications. A new hydrogen-based energy system would created as an important solution in the 21st century, flexible, affordable, safe, domestically produced, used in all sectors of the economy and in all regions of the country, if all the R and D plans and the demonstration come to be successful in 20-30 years. Among options of primary energy. Generation IV nuclear energy under development is particularly well suited to hydrogen production, offering the competitive position of large-scale hydrogen production with near-zero emissions. (author)

PROBLEM ASSESSMENT OF THE LEVEL INVESTMENT ACTIVITY IN THE NATIONAL ECONOMY

Directory of Open Access Journals (Sweden)

Tatiana ANDREEVA

2013-01-01

Full Text Available In this article the fundamental importance of the investment sphere, forming of factors of production and defining the competitiveness of the national economy, as well as some of the problems of evaluation of the level of investment made in the national economy, the problems of attracting foreign direct investment, as the most important conditions for sustainable growth of the national economies. The special attention in the article is paid to the methods of factor analysis of the investment climate, as well as the General trends of changes in the business environment, as basic conditions for improving the level of investment activity of the national economy.

In-Service Teachers' Self-Efficacy, Professional Development, and Web 2.0 Tools for Integration

Science.gov (United States)

Pan, Shu Chien; Franklin, Teresa

2011-01-01

Background: The implementation and integration of computer technologies in K-12 education has seen nearly constant growth since the early 1980s (Culp, Honey, Mandinach & Bailey, 2003), in part because this trend has become synonymous with skills that students will need as participants in a competitive global economy (Culp et al., 2003). It has…

An Invasive Clonal Plant Benefits from Clonal Integration More than a Co-Occurring Native Plant in Nutrient-Patchy and Competitive Environments

Science.gov (United States)

You, Wenhua; Fan, Shufeng; Yu, Dan; Xie, Dong; Liu, Chunhua

2014-01-01

Many notorious invasive plants are clonal, however, little is known about the different roles of clonal integration effects between invasive and native plants. Here, we hypothesize that clonal integration affect growth, photosynthetic performance, biomass allocation and thus competitive ability of invasive and native clonal plants, and invasive clonal plants benefit from clonal integration more than co-occurring native plants in heterogeneous habitats. To test these hypotheses, two stoloniferous clonal plants, Alternanthera philoxeroides (invasive), Jussiaea repens (native) were studied in China. The apical parts of both species were grown either with or without neighboring vegetation and the basal parts without competitors were in nutrient- rich or -poor habitats, with stolon connections were either severed or kept intact. Competition significantly reduced growth and photosynthetic performance of the apical ramets in both species, but not the biomass of neighboring vegetation. Without competition, clonal integration greatly improved the growth and photosynthetic performance of both species, especially when the basal parts were in nutrient-rich habitats. When grown with neighboring vegetation, growth of J. repens and photosynthetic performance of both species were significantly enhanced by clonal integration with the basal parts in both nutrient-rich and -poor habitats, while growth and relative neighbor effect (RNE) of A. philoxeroides were greatly improved by clonal integration only when the basal parts were in nutrient-rich habitats. Moreover, clonal integration increased A. philoxeroides's biomass allocation to roots without competition, but decreased it with competition, especially when the basal ramets were in nutrient-rich sections. Effects of clonal integration on biomass allocation of J. repens was similar to that of A. philoxeroides but with less significance. These results supported our hypothesis that invasive clonal plants A. philoxeroides benefits

Competitive Outcomes and Endogenous Coalition Formation in an n-Person Game

NARCIS (Netherlands)

Sun, N.; Trockel, W.; Yang, Z.F.

2004-01-01

In this paper we study competitive outcomes and endogenous coalition formation in a cooperative n-person transferable utility (TU) game from the viewpoint of general equilibrium theory.For any given game, we construct a competitive exchange coalition production economy corresponding to the game.

DEVELOPMENT OF THE SOCIALLY-ORIENTED ECONOMY IN UKRAINE: PREREQUISITES AND STRATEGIC FORECASTING

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Nataliia Kravchuk

2017-11-01

Full Text Available The purpose of this article is to substantiate prerequisites and prospects for the formation and development of the socially-oriented economy in Ukraine. The theoretical and methodological background to the research is system and synergetic scientific approaches, which use in the research of the development of a socially-oriented economy is determined by orientation to basic values and fundamentals of the market economic system and focus on building a democratic society in Ukraine. Scientific results – it is substantiated that in modern conditions of transformational changes, a strategic course of Ukraine is to combine mechanisms of market selfregulation and state regulation, which in its basis is based on principles of socially-oriented economy. Such a model of the economy is focused on a human along with its needs and interests, relations with other members of society during production, distribution, exchange, and consumption. At the same time, social orientation foresees providing high productive economic management that configures private initiative and competition. Results of conducted analysis of analytical indicators of socio-economic development of Ukraine show an urgent necessity and objectivity of forming a socially-oriented economy. It is proved that taking into account increase in openness of the national economy, it is appropriate to consider strict conditions concerning its adequacy to requirements of the current international competition. In this relation, there are analysed vectors of the formation of the socially-oriented economy in Ukraine declared by the Strategy of Sustainable Development “Ukraine – 2020” within which a key reference point is an introduction in the country of European standards of living and its achieving a dominant position in the world. An economic platform of the formation and development of the socially-oriented economy is determined the following: providing economic freedom; availability of

[Is vocational integration in the competitive labor market a realistic goal for the chronically mentally ill?].

Science.gov (United States)

Hoffmann, H

1999-09-01

A wide range of sheltered jobs has been created in the second or special labour market with the aim of enabling the chronically mentally ill to participate in working life. However, having a job in the special labour market often precludes the chance of obtain-ing employment in the competitive labour market. To date, vocational integration programs enable only a small number of persons with psychiatric disabilities to attain reintegration into competitive employment. The predictors of successful vocational integration are subsequently discussed. A substantial increase in both sheltered and competitive jobs on the common labour market could be achieved for mentally ill and disabled people by adapting the "supported employment" model, as widely practised in the USA, to European labour market standards and appropriately funding its implementation. The utilisation of this model could serve to reduce the necessity of further expansion in the special labour market.

FDI from Emerging Economies in EU27

DEFF Research Database (Denmark)

Jindra, Björn

This paper scrutinizes FDI from a wide range of emerging economies (including newly industrializing Asian countries, Latin American countries and East European transition economies) that adopted different growth models in the past. The overarching research question of this paper is to which...... the integration of firms from different emerging economies via FDI into the global economy is linked to technological upgrading. We assume that technology seeking in advanced economies should be reflected in the relevance of particular location factors such as knowledge spillover. We analyses a large firm level...

Asia and South America: A Quasi-Common Economy Approach

OpenAIRE

Canuto, Otaviano; Sharma, Manu

2011-01-01

The Asian style of regional integration may be seen as a 'quasi-common economy' that eschews a formal linkup in political or monetary terms, but manages to generate similar results by strong physical integration and distributed chains of production and service delivery. This note proposes the Asian quasi-common economy as a benchmark for South America's regional integration efforts because...

Integrated Traction Control Strategy for Distributed Drive Electric Vehicles with Improvement of Economy and Longitudinal Driving Stability

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Xudong Zhang

2017-01-01

Full Text Available This paper presents an integrated traction control strategy (ITCS for distributed drive electric vehicles. The purpose of the proposed strategy is to improve vehicle economy and longitudinal driving stability. On high adhesion roads, economy optimization algorithm is applied to maximize motors efficiency by means of the optimized torque distribution. On low adhesion roads, a sliding mode control (SMC algorithm is implemented to guarantee the wheel slip ratio around the optimal slip ratio point to make full use of road adhesion capacity. In order to avoid the disturbance on slip ratio calculation due to the low vehicle speed, wheel rotational speed is taken as the control variable. Since the optimal slip ratio varies according to different road conditions, Bayesian hypothesis selection is utilized to estimate the road friction coefficient. Additionally, the ITCS is designed for combining the vehicle economy and stability control through three traction allocation cases: economy-based traction allocation, pedal self-correcting traction allocation and inter-axles traction allocation. Finally, simulations are conducted in CarSim and Matlab/Simulink environment. The results show that the proposed strategy effectively reduces vehicle energy consumption, suppresses wheels-skid and enhances the vehicle longitudinal stability and dynamic performance.

Entrepreneurship as a Competitive Development of Vocational Education: Theory and Practice

Directory of Open Access Journals (Sweden)

A. G. Mokronosov

2013-01-01

Full Text Available The paper considers the complex of economic processes in the sphere of the higher vocational education. The research is aimed at investigating, clarifying and systemizing the theoretical concepts of entrepreneur- ship in the context of the knowledge economy and rising competitiveness in the market of scientific and educational services. The research methodology basis involves the works of domestic and foreign scholars in the fields of competitive development, entrepreneurship, quasi-markets theories and self- developing organizations. The paper presents the author’s interpretation of the university entrepreneurship as the integrated and systematic process generated by the dramatic changes of socio-economic development, increasing global trends of economy intellectualization, significant proportion of scientific and educational services, and increasing role of modernization in sustaining the state welfare and stability. The university entrepreneurship is regarded as a synthesis of creative, innovative, commercial and managerial activities in the market of scientific and educational services, labor market, industrial and financial markets. The interrelation of economic and social aspects of university business is revealed including the links between the government, universities, scientific educational institutions, business community, households and other subjects of educational service market. The application of the main theoretical principles of the research concerning the higher school business vector is demonstrated by the practical activity of the Russian Vocational Pedagogical University. 

Changing the paradigm of management of innovative activity in the conditions of transformation of economy

Directory of Open Access Journals (Sweden)

O. O. Lukina

2016-01-01

Full Text Available The article describes the approaches to the development of innovation management as a management type from the traditional management, represented by Taylor's, A. Fayolle, G. Hemelom and others. There was a connection transformation of the economy and changes in the management of enterprises, aimed at the competitiveness of the market. Under the terms of the transformation of the economy the author has in mind the following factors: the knowledge economy and the new economy, forecastng and strategic planning at the enterprise and the economy in general, mass marketing and the development of global markets, non-stop process of development of knowledge, forming goal of a competitive economy. Under the innovative activity of the author understands the system of creation, dissemination and use of new types of products, actively or market, providing competitive state of the enterprise. Abstract Innovational management stages: the classic theory justifying the application of new knowledge in organizations, transforming them into new products, management by objectives, technology development and cost reduction, human capital theory, management personnel training school. Emphasizes the principles of school education, such as the complexity and unpredictability of the environment, the impossibility of planning control, since it must be continuously updated study is necessary to all the staff, including managers as a potential strategy, learning involves retrospektive thinking, allows us to analyze the previous steps organization. Abstract forms of knowledge are needed in innovation in the transformation of the economy: group, individual, and others, be implied in the innovation process. In addition, a group distinguished knowledge in the innovation of the type of trainin g, according to the method of scientific activities, as well as sources of information.

1986-2006 Türkiye Ekonomisinin Performans Değerlendirmesi(Performance Analysis of Turkish Economy Between 1986-2006

Directory of Open Access Journals (Sweden)

Ali ELEREN

2008-01-01

Full Text Available When national and internetional competition are mentioned what firstly comes to mind has an economic competition. That is why critics on governments focus especially on economy politics and its results. In this study, the performance of Turkey’s economy between 1986-2006 is analyzed by TOPSIS method which is one of the multi-criterion decision methods. This method has an advantage for letting to analyze all criteria together with considering spesific points.

Federal Technical Information and U.S. Competitiveness: Needs, Opportunities, and Issues.

Science.gov (United States)

Hill, Christopher T.

1989-01-01

Discusses the importance of competitiveness to the American economy and examines three areas where federal information policies affect American competitiveness: providing the private sector with technical information; making federal information resources available to industry; and restricting foreign access to those resources. For each area,…

Organizational Learning and Sustainable Competitive Advantages (SCA): The Nigerian Experience

OpenAIRE

Omotayo Oyeniyi

2011-01-01

The purpose of this paper is to test for core competencies of organizations in achieving sustainable competitive advantage within the service organizations in a developing economy like Nigeria. The paper specifically deals with the importance of organizational learning on sustainable competitive advantage and how it can be used to achieve sustainable advantage. Despite the wide spread importance attached to building sustainable competitive advantage, the relationship between organizational le...

The price effects of enhancing services sector competition in a large open economy

NARCIS (Netherlands)

P.A.D. Cavelaars

2003-01-01

textabstractThis paper studies the price e?ects of shocks to the degree of competition. It is motivated by initiatives to enhance competition in services in the European Union. The paper shows that a higher degree of competition in the nontradable goods sector may have adverse implications for

Statistical Discrimination in a Competitive Labor Market

OpenAIRE

Jonathan B. Berk

1999-01-01

This paper studies the effect of employee job selection in a model of statistical discrimination in a competitive labor market. In an economy in which there are quality differences between groups, a surprisingly strong condition is required to guarantee discrimination against the worse qualified group --- MLRP must hold. In addition, because of the self-selection bias induced by competition, the resulting discrimination is small when compared to the magnitude of the underlying quality differe...

Energy - vital nerve of the economy|

International Nuclear Information System (INIS)

Ebner, F.

1987-01-01

A withdrawal from nuclear energy is often demanded by the same parties who also demand full employment, better working conditions, higher salaries and increased social benefits. The demands are conflicting. It would be extremely risky for Switzerland to be forced into a supply bottle-neck. Economists should warn emphatically against such a development. The economy cannot retain its strength in international competition without a sufficient and reliable supply of electricity and with other energy at competitive prices. The employers demanded in their common declaration to the energy policy of September 24, 1986 that the necessary legal preconditions for a secure energy supply should be maintained

Radical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy

Directory of Open Access Journals (Sweden)

Tarun K. Sen

2011-11-01

Full Text Available Radical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy Abstract Innovation in information technology is a primary driver for growth in developed economies. Research indicates that countries go through three stages in the adoption of innovation strategies: buying innovation through global trade, incremental innovation from other countries by enhancing efficiency, and, at the most developed stage, radically innovating independently for competitive advantage. The first two stages of innovation maturity depend more on cross-border trade than the third stage. In this paper, we find that IT professionals in in an emerging economy such as India believe in radical innovation over incremental innovation (adaptation as a growth strategy, even though competitive advantage may rest in adaptation. The results of the study report the preference for innovation strategies among IT professionals in India and its implications for other rapidly growing emerging economies.

The Role of Government in Restoring International Competitiveness: the Case of Crisis Management in the Baltic States Economies versus Poland Economies

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Anna Matysek-Jędrych

2014-03-01

Full Text Available This paper focuses on the relationship between the government actions, global economic crisis, and competitiveness on a national and regional dimension. The Baltic States (i.e., Estonia, Latvia, and Lithuania have experienced one of the biggest Gross Domestic Product (GDP contractions during the Global Crisis so far. Meanwhile, Poland was the only country with a positive GDP growth in the European Union during the Global Crisis. Hence, identifying and assessing changes in the relative competitiveness, as a consequence of the economic downturn in both Baltic States and Poland, has sparked many interests.The main channel through which the crisis undermined competitiveness has been the macroeconomic situation. That is why employing single macroeconomic variables as proxies of competitiveness suggests a much stronger influence of the crisis on competitiveness in comparison to overall measures (e.g. Global Competitiveness Index. It may be generally concluded that a short-term crisis, even if severe, does not have a negative influence on international competitiveness as long as a proper anti-crisis policy is implemented and the country is small enough to react fast and adapt to new conditions in the global environment.

Analysis on the development of scientific and technical information under new competitive environment

International Nuclear Information System (INIS)

Li Tao

2010-01-01

The current external environment of information work has undergone profound changes. The world competition in Military fields, the development of national economy and the applications of high-technologies put forward higher requirements to intelligence work. Under the environment of global information integration, 'eyes and ears' roles of nuclear scientific and technical information will be more highlighted. In this context, we believe that the way of nuclear sci-tech information development should be focused on comprehensive research and be based on the building of information resources and advanced information technology methods, forming an integrated service system with capabilities of rapid resources, decision support, information assurance and sustainable development. The goal of nuclear sci-tech information development should be to serve the development of nuclear power and the popularization and application of nuclear technology in the fields of national economy, to implement the strategy of 'integrated intelligence support', to ensure the formation of rapid response capability, to enhance capabilities of decision support and science and technology development guidance, to build digital information resources and to constantly promote the research on network collaboration. This paper analyzes the characteristics of nuclear sci-tech information under new competitive environment, describes the ideas and goals of its development and proposes the way to achieve these goals. In order to provide the information support and service with the characteristics of rapid response, high quality and high efficiency, the paper also puts forward that under the new environment, we should optimize the service system, extend service functions, transform service mode, speed up the transformation on intelligence work, adjust and optimize business content and structure, promote business process re-engineering, and pay equal attention to 'ensuring demands' and 'guiding the future

What the new economy means for the oil business

International Nuclear Information System (INIS)

Kopeck, J.

2001-01-01

The value-creation opportunities associated with electronically transforming old economy sectors, particularly oil and gas companies, was discussed. Traditional businesses that use Internet technology extensively can shift their strategic perspective to an e-business perspective where required physical capital and working capital is very low, and where focus on product capital can be the greatest. This new strategy creates a more efficient and dynamic company with potential for long-term competitive advantages. Many oil companies have moved forward with implementing the needed technology and management infrastructure for e-business. Electronic transformation through a meta-capitalism perspective offers oil companies a great opportunity to create exceptional shareholder value. Some graphs showed that integrated oil companies have under-performed the Standard and Poors 500 even as they aggressively reduce their cost structures. The reinforcing dynamics between the responses from the integrated oil companies are creating the basis for an accelerated change of pace. The efforts that Texaco, Chevron, Shell and BP have made to move forward with e-business initiatives were highlighted. 8 figs

AN ANALYSIS OF FEMALE ENTREPRENEURSHIP AND INNOVATION IN SERBIA IN THE CONTEXT OF EU COMPETITIVENESS

OpenAIRE

Sanja Popovic Pantic

2014-01-01

In economies that are led by innovation, innovativeness and competitiveness are interdependent. If an enterprise and/or economy is competitive in the market it will likely have a high level of innovation management, harmonized with EU standards. A variety of different methodologies is used to assess the innovation capacities of small and medium sized companies, but IMPіrove methodology is widespread in EU countries. It is a benchmarking process which gives,...

Competitive intelligence: An instrument to enhance South Africa’s competitiveness

Directory of Open Access Journals (Sweden)

Wilma Viviers

2014-10-01

Full Text Available The case for Competitive Intelligence (CI as an instrument that can enhance the competitiveness of South African companies and South Africa as a country is strong. Various global competitive rankings measurements have indicated over a number of years the areas in which competitiveness is lacking. Moreover, these rankings have indicated that South Africa has failed to improve its position year on year. The fact that the world is becoming increasingly competitive for South African entities is undisputed. Coupled with a fluctuating exchange rate and the country’s geographical proximity, this poses unique challenges facing South African managers who have to deal with various regulations and legislative matters. In order to create and sustain an effective knowledge economy and to enhance global competitiveness, South Africa however has to put appropriate strategies/measures in place to stimulate, encourage and grow knowledge practices. Competitive Intelligence (CI as a means of making more sense of the competitive business environment and to identify opportunities and risks in time to act upon can be effectively used as a means to enhance competitiveness. Valuable lessons from successful CI practices in the business sector and government can be learnt from elsewhere in the world. CI should be investigated and adapted for South Africa’s business environment. It is therefore the aim of this article to first attempt to describe the role of CI in enhancing competitiveness, specifically in South Africa and secondly, to stimulate thought on how to secure momentum in enhancing CI as an academic field by developing relevant CI courses as well as demonstrating the value of CI to companies in South Africa through research and collaboration between academics and the private and public sectors.

The Economics of Outsourcing in a De-integrating Industry

OpenAIRE

Jawaid Abdul Ghani; Arif Iqbal Rana

2005-01-01

Many large firms in low scale economy industries are actively considering outsourcing options, in the face of competition from smaller more efficient players. Based on a review of the theoretical literature and a case-study of outsourcing decisions at two large vertically integrated footwear manufacturers in Pakistan, a framework is developed for determining which set of products and activities to outsource and which to keep in-house. The framework suggests activities being considered for out...

The integration of gas and electricity: potential effects on competition in markets

International Nuclear Information System (INIS)

Lopez Milla, J.

2007-01-01

During the last years, an increasing number of gas and electricity companies have integrated their activities in both sectors. Following this trend, several Mergers and Acquisitions between gas and electricity companies have emerged, and some of them have been cross-borders operations that have given rise to multinational enterprises. This paper analyses the causes of the integration of gas and electricity activities, and examines its implications on regulation and competition policy, showing that these changes in the energy industry raise new challenges and compel to adopt new measures in that field of the economic policy. (Author) 25 refs

Does Introduction of Bureaucratic Competition Reduce Corruption in Public Service Delivery?

OpenAIRE

Banerjee, Panchali; Mukherjee, Vivekananda

2015-01-01

The paper theoretically explores the impact of introducing bureaucratic competition on corruption. For this purpose it considers three different measures of corruption such as corruption incidence (CI), relative corruption incidence (CRI) and corruption rents (CR) in two different types of economies namely corruption-tolerant economies and corruption-reliant economies. As it compares both intensive margin (i.e. the magnitude of bribe) and extensive margin (i.e. the number of bribe incident) o...

The competitiveness of Eurozone periphery countries’ economies and their debt problems

Directory of Open Access Journals (Sweden)

Dementiev N. P.

2016-03-01

Full Text Available The article describes that after the periphery PIGS countries (Portugal, Ireland, Greece and Spain joined the Eurozone, several factors previously improving PIGS' export competitiveness (undervalued national currency, protective customs duty, low compensation of employees no longer work. It is revealed that in the pre-crisis years the rapid GDP growth in PIGS took place considerably by means of foreign loans. Moreover, external debt bubbles grew: high rates of economic growth facilitated the inflow of new foreign money used for both reinvestment and current external debt service. Besides, the share of «tradable» goods (that can be moved between countries and internationally traded decreased in the GDP structures of PIGS. During the crisis, the PIGS' economic situation got worse (growth of external and public debts, decline in the GDP and in the investments, high unemployment. Conclusion: the Eurozone should either strengthen the integration (to increase the unification of laws in the economic and social spheres, to tighten control by the Eurozone central authorities, or get rid of the troubled countries. Otherwise, the current crisis, repeatedly flaring and fading, will persist for a long time.

THE COMPETITIVENESS OF EUROZONE PERIPHERY COUNTRIES’ ECONOMIES AND THEIR DEBT PROBLEMS

Directory of Open Access Journals (Sweden)

Dementiev N. P.

2016-03-01

Full Text Available The article describes that after the periphery PIGS countries (Portugal, Ireland, Greece and Spain joined the Eurozone, several factors previously improving PIGS' export competitiveness (undervalued national currency, protective customs duty, low compensation of employees no longer work. It is revealed that in the pre-crisis years the rapid GDP growth in PIGS took place considerably by means of foreign loans. Moreover, external debt bubbles grew: high rates of economic growth facilitated the inflow of new foreign money used for both reinvestment and current external debt service. Besides, the share of «tradable» goods (that can be moved between countries and internationally traded decreased in the GDP structures of PIGS. During the crisis, the PIGS' economic situation got worse (growth of external and public debts, decline in the GDP and in the investments, high unemployment. Conclusion: the Eurozone should either strengthen the integration (to increase the unification of laws in the economic and social spheres, to tighten control by the Eurozone central authorities, or get rid of the troubled countries. Otherwise, the current crisis, repeatedly flaring and fading, will persist for a long time.

Price competition in procurement

International Nuclear Information System (INIS)

Keisler, J.M.; Buehring, W.A.

1996-07-01

When creating a private market to provide a public good, government agencies can influence the market's competitive characteristics. Markets have predictable, but often counterintuitive, behaviors. To succeed in applying available controls, and thereby reduce future costs, agencies must understand the behavior of the market. A model has been constructed to examine some issues in establishing competition for a structure in which there are economies of scale and government is obligated to purchase a fixed total quantity of a good. This model is used to demonstrate a way to estimate the cost savings from several alternative plans for a buyer exploring competitive procurement. The results are not and cannot be accurate for budgeting purposes; rather, they indicate the approximate magnitude of changes in cost that would be associated with changes in the market structure within which procurement occurs

FOREIGN DIRECT INVESTMENT AND THE ROMANIAN ECONOMY

Directory of Open Access Journals (Sweden)

Elena CHIRILA – DONCIU

2015-04-01

Full Text Available In a country's economy, investments take center stage, both in the production of goods and services and in the sphere of consumption. They represent a factor that influences simultaneously both demand and supply. The importance and impact of FDI have righteously attracted all EU Members heed and resulted in a fierce competition for foreign capital. The purpose of this paper is to analyze the impact of FDI on Romania economic growth. Research results show that FDI have a positive impact through the medium of productivity and competitiveness growth in the host countries, by means of technology and capital transfer.

Investment Dynamics and Capacity Utilization under Monopolistic Competition

OpenAIRE

Omar LICANDRO

1992-01-01

In the tradition of Tobin's q models, the influence on investment of demand uncertainty and capacity constraints is analyzed in a monopolistically competitive economy. Under these conditions, the degree of capacity utilization has a positive effect on the markup rate and explains the difference between average q and marginal q. In the aggregate economy, when the representative firm faces only specific demand uncertainty, it is shown that the degree of capacity utilization is strictly smaller ...

Industry diversity, competition and firm relatedness

DEFF Research Database (Denmark)

Wang, Cong; Madsen, Jakob B.; Steiner, Bodo

2017-01-01

This study investigates the extent to which indicators of external scale economies impacted employment growth in Canada over the period 2004-2011. We focus on knowledge spillovers between firms while accounting for Marshallian specialization, Jacobs’ diversity, and competition by industry, as well...... as related and unrelated firm varieties in terms of employment and sales. We find that the employment growth effects of local competition and diversity are positive, while the effect of Marshallian specialization is negative. Diversification is found to be particularly important for employment growth during...

Analyzing the Knowledge Economy Performances of the Turkish Republics

Directory of Open Access Journals (Sweden)

Selim ŞANLISOY

2015-07-01

Full Text Available Nowadays, the acceleration of knowledge-based global competition and the knowledge economy that become the key to social development requires a transformation of the economic structure of the country to the knowledge economy. How successful is this transformation or how to proceed in the transformation process has a critical importance, especially for the developing countries. In this context, by analyzing the knowledge economy performances of the Turkish Republics, their proceedings in the process of becoming an knowledge economy are examined. For this purpose, analysis was carried out utilizing the knowledge, knowledge economy, and networked readiness index that formed from the elements of the knowledge economies. As a conclusion, these countries have to cover a distance in the context of knowledge economy transformation. In order to achieve this, these countries should establish; national innovation network by knowledge-innovation production together with institutional-legal regulations for innovative entrepreneurship, educational reforms to be able to create knowledge workers with human capital for produce, use and share the knowledge, and in order to do all these they should provide knowledge and communication infrastructure and ensure dissemination of it.

Financial Sector Competition, Service Trade, and Growth

NARCIS (Netherlands)

J.F. François (Joseph); F.W. Eschenbach

2002-01-01

textabstractWe explore dynamic linkages between financial/banking sector openness, financial sector competition, and growth. We first develop an analytical model, highlighting links between long-run economic performance and services trade, through scale economies and market and cost structures in

Restoring international competitiveness in Croatia: The role of fiscal and monetary policy

Directory of Open Access Journals (Sweden)

Ćorić Tomislav

2013-01-01

Full Text Available Croatia has joined the European Union as a country with several substantial structural problems, of which the most important is weak competitiveness. Although competitiveness can be viewed from the ‘institutional’ perspective, which includes World Development Indicators (WDI and Doing Business reports, in this paper the authors focus on the more standard view of competitiveness based on unit labour costs (ULC and real effective exchange rate (REER. As a small, open and highly dollarized/euroised economy that has to coordinate its economic policy with the EU policy framework, Croatia has limited space for increasing international competitiveness using monetary policy measures aimed at (nominal devaluation of the national currency. Therefore economic policy stakeholders should focus on decreasing unit labour costs and real effective exchange rate mainly through the process of internal devaluation, which is based on adequate fiscal policy measures. In this paper the authors analyse the role of monetary and fiscal policy in the deteriorating real effective exchange rate and unit labour costs since 2000, and their current capabilities and restrictions in restoring international competitiveness. The Structural VAR model (SVAR is used to estimate the effects of foreign (banking capital, credit growth, and current public expenditure on REER and ULC. The preliminary hypothesis of the paper is that monetary policy should continue to support bank lending activities and the role of fiscal policy is to achieve an internal devaluation, which will increase the competitiveness of the Croatian economy. Restoring international competitiveness is necessary due to its impact on net exports and consequently the economic recovery of the national economy, which has faced recession conditions for five years in a row. Also, restoring competitiveness is one of the most important preconditions for the success of a small country joining the single European market.

Full employment and competition in the Aspen economic model: implications for modeling acts of terrorism.

Energy Technology Data Exchange (ETDEWEB)

Sprigg, James A.; Ehlen, Mark Andrew

2004-11-01

Acts of terrorism could have a range of broad impacts on an economy, including changes in consumer (or demand) confidence and the ability of productive sectors to respond to changes. As a first step toward a model of terrorism-based impacts, we develop here a model of production and employment that characterizes dynamics in ways useful toward understanding how terrorism-based shocks could propagate through the economy; subsequent models will introduce the role of savings and investment into the economy. We use Aspen, a powerful economic modeling tool developed at Sandia, to demonstrate for validation purposes that a single-firm economy converges to the known monopoly equilibrium price, output, and employment levels, while multiple-firm economies converge toward the competitive equilibria typified by lower prices and higher output and employment. However, we find that competition also leads to churn by consumers seeking lower prices, making it difficult for firms to optimize with respect to wages, prices, and employment levels. Thus, competitive firms generate market ''noise'' in the steady state as they search for prices and employment levels that will maximize profits. In the context of this model, not only could terrorism depress overall consumer confidence and economic activity but terrorist acts could also cause normal short-run dynamics to be misinterpreted by consumers as a faltering economy.

Economy of education: National and global aspects

Directory of Open Access Journals (Sweden)

Oksana Ishchenko-Padukova

2017-12-01

Full Text Available Our paper focuses on the national economy of education. We assume that under the current conditions of the globalized world, the economy of education reveals its two-fold nature: on the one hand, it represents an element of the national economic system, and on the other, it is also a structural component of the global education system. Therefore, national economy of education is shaped up by both internal and external factors represented by national and international influences. We analyze here the functional composition and the methods of legal regulation of the economy of education under the conditions and provisions of the global geopolitical transformations. In addition, we use the empirical model of returns to education for showing the factors that impact the employability of young graduates at the labor market. Our results confirm the importance of education for achieving higher levels of income, both nationally and internationally. Finally, we come to the conclusion that its target function consists of the global promotion of national education and consolidation of national competitive position within the world education space.

Electric industry governance. Reconciling competitive power markets and the physics of complex transmission interconnections

Energy Technology Data Exchange (ETDEWEB)

Stalon, Charles G. [Energy Regulation, Cape Girardeau, MO (United States)

1997-03-01

Creating efficient, competitive power markets in an electric industry composed of interconnected control areas requires the existence of some agency with authority to define, impose and enforce rules for the operation of all control areas so interconnected. It has been noted that `the pursuit of self-interest, unrestrained by suitable institutions, carries no guarantee of anything except chaos`. In no part of the economy is this lesson more relevant than in the North American electric industry. As the industry evolves from one dominated by vertically-integrated utilities into one with competitive power markets and unregulated generators, the system of coordinating institutions that has worked acceptably well to restrain and guide self-interested decision makers of economically regulated firms must now be reconstructed to restrain and guide self-interested decision makers of unregulated generating companies (gencos), power merchants and brokers

Relationships between Institutional Economics of Cooperation and the Political Economy of Trust

Directory of Open Access Journals (Sweden)

José Hernandéz

2008-06-01

Full Text Available The aim of this paper is to analyse the relationship between institutional economics of cooperation and the political economy of trust. Transactions costs, principal-agent theory, market power, increasing-returns theory and value creation, strategic management: competitive forces, resource-based theory, organisationtal knowledge and learning, strategic choice theory and collective efficiency theory are reviewed. Lastly, the political economy of trust is sustained.

Entry Mode of Firms in an Emerging Economy: Evidence from Malaysia

OpenAIRE

Yasmeen, Kausar; Viswanathan, Kuperan

2016-01-01

The dynamics of the global competition patterns and world economy are encouraging construction firms to expand into emerging economies. Entry modes and its predictors have been the subjects of interest in international market strategic management research which is nonetheless lacking in the construction firms. This paper seeks to identify the entry modes preferred by construction firms in Malaysia, on whether they choose equity modes, non-equity modes or both modes for their international pro...

Crackdown on Cartels Highlights the Need for Competition Law Compliance in South Africa

OpenAIRE

Heather Irvine

2008-01-01

The South African Competition Commission intensified its efforts to combat cartel activity in 2007, and a number of cases involving price-fixing and market division in key sectors of the South African economy were referred to the Competition Tribunal for adjudication.

Facing the petrochemical competition. Are you prepared?

International Nuclear Information System (INIS)

Baggett, P.E.

1997-01-01

The factors that impact petrochemical supply, demand and economics were discussed. Petrochemicals are the basis for most commodities consumed in today's society. The demand for these products is determined by the economy and by the population. Recent changes in the world's political structure will have an impact on the petrochemical industry. There is evidence that petrochemical activity is shifting to the developing regions of the world as a result of the fall of communism, the fall of some dictatorships and the privatization of state enterprises. In 1980, the world's economic strength was in Western Europe, North America, and Japan, with 78 per cent of the world's GDP. It was forecast that by 2010, these three areas will only account for 70 per cent of the world's GDP. Shifting population and economies will increase per capita incomes in Eastern Europe, South America, and Asia. These areas will see an increase in purchases of petrochemicals products. Demand for base petrochemicals is expected to increase by 106 million tons over the next ten years. However, to survive in a competitive market, companies will have to develop programs to reduce costs, integrate and be prepared to take advantage of opportunities created by the supply/demand cycles

Assessing and Increasing the Competitiveness of Republic of Moldova Wine Sector

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Liudmila ANTOHI

2011-03-01

Full Text Available Competitiveness is the capacity of countries to create an enabling environment for indigenous business development; using low-cost strategies, differentiation, substitution, leading to increased productivity; creating opportunities to penetrate foreign markets and added value through their form; citizens by providing jobs with high pay, increasing the purchasing power; contributing to economic growth and to establish a balanced social environment. Enhancing competitiveness of national economy is one of five strategic priorities of the Republic of Moldova, stated in the draft National Development Plan. The wine industry is one of the most important branches of national economy in Moldova. But for Moldova's wine production to be competitive on the world market, wine industry itself should become a branch of modern, efficient, with high economic efficiency, which will not be achieved without investment and without attracting high quality production.

Energie 2011. Development of competition with good sides and bad. Special Report of the Monopolies Commission in accordance with Art. 62 Para. 1 of the Energy Economy Law; Energie 2011. Wettbewerbsentwicklung mit Licht und Schatten. Sondergutachten der Monopolkommission gemaess paragraph 62 Abs. 1 EnWG

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-07-01

The Special Report by the Monopolies Commission on electricity and gas is its third on the energy market pursuant to Art. 62 of the German Energy Economy Law (EnWG). In it the Commission relates its view of the status quo and development trend of competition and assesses whether there is effective competition in the markets for the grid-bound supply of electricity and gas in the German Federal Republic. It also reviews how the provisions of the Energy Economy Law concerning regulation and the safeguarding of competition have been applied and discusses current issues of competition policy in the energy sector. This third report analyses new developments in these areas. It also addresses other topics of recent interest such as the consequences of the revised view on nuclear energy, remunicipalisation or regulatory problems relating to railway electricity and railway electricity grids. The editorial work on this Special Report was completed shortly after the enactment of the Law Amending Energy Law Related Provisions, and the analyses conducted by the Monopolies Commission were updated accordingly.

CSR Integration into the Financial Economy: A Conceptual Approach

Directory of Open Access Journals (Sweden)

Georgiana - Loredana FRECEA

2016-06-01

Full Text Available Corporate social responsibility is a complex concept and its design integrates economic, social and environmental issues, pointing out the operational effects on a voluntary basis. It is considered a strategic point in the actual evolution of the economy, due to the financial market dynamism, being identified a critical correlation between financial crises and corporate social responsibility. The main purpose of this paper is to synthesize, through a literature review, the multiple dimensions of CSR, with a special emphasis on the theoretical approach. In order to provide a coherent overview on the banking CSR, it will be proposed a division of the CSR theories according to: (1 the ethical approach, (2 the stakeholders approach, and (3 the corporate governance approach. The major aim of this paper is to fill a gap in the theoretical approach of the CSR for the banking system, due to the necessity to unify the CSR reporting elements in order to find a balance between the bank’s organizational structure and their legitimacy to operate on the financial market.

International Trade Logistic Services Competitiveness in the Pacific Basin

Directory of Open Access Journals (Sweden)

América Ivonne Zamora Torres

2014-06-01

Full Text Available The development of efficient logistics plays a crucial role in national trade competitiveness. The present study aims to determine Mexico´s foreign trade logistics competitiveness with respect to the largest economies of the Asia-Pacific Economic Cooperation in 2012. The study considers three key variables: customs, international transport and logistics services. It uses a principal components analysis to compute a foreign trade logistics competitiveness index. The results indicate that the three variables have a direct and significant impact on international trade logistics competitiveness. According to the analyzed variables, the most competitive countries are, in descending order, Panama, China, Singapore, Korea and Thailand. The study identifies improvement opportunities for Mexico on the logistics and customs factors.

Mediterranean Way of Competitiveness

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Art Kovacic

2010-12-01

Full Text Available The Mediterranean area have a special concept of competitiveness topic. Normally is that region not so industrial and knowledge based oriented as a North Europe.That countries can't reach the same development level as the north one. Lisbon's and Goethenburg's strategies create the main framework of development programme. Mediterranean programme is such a case. European internal market has forced the EU countries to increase competitiveness. The economic prosperity of countries is associated with their ability to generate or attract economic activities which are able to increase income by performing well on themarket. Financial crisis in the EU has changed the look on the competitiveness research. Economy in the main countries has to find way of recovery. Former giants of the financial world have found themselves suddenly facing bankruptcy.Inevitably, the crisis is also having an effect on households and businesses - economic growth has slowed sharply and in some EU countries unemployment has begun to increase for the first time in several years. Form that perspective we have to find the right solution of European competitiveness.

Integrated resource planning in the power sector and economy-wide changes in environmental emissions

International Nuclear Information System (INIS)

Shrestha, Ram M.; Marpaung, Charles O.P.

2006-01-01

This paper analyzes the roles of key factors (i.e., changes in structure, fuel mix and final demand) on total economy-wide changes in CO 2 , SO 2 and NO x emissions when power sector development follows the integrated resource planning (IRP) approach instead of traditional supply-based electricity planning (TEP). It also considers the rebound effect (RE) of energy efficiency improvements in the demand side and analyzes the sensitivity of the results to variations in the values of the RE. A framework is developed to decompose the total economy-wide change in the emission of a pollutant into four major components, i.e., structural change-, fuel mix- , final demand- and joint-effects. The final demand effect is further decomposed into three categories, i.e., construction of power plants, electricity final demand and final demand related to electricity using equipments. The factor decomposition framework is then applied in the case of the power sector in Indonesia. A key finding in the case of Indonesia is that in the absence of the RE, there would be total economy-wide reductions in CO 2 , SO 2 and NO x emissions of 431, 1.6 and 1.3 million tons respectively during the planning horizon of 2006-2025 under IRP as compared to that under TEP. The decomposition analysis shows that the final demand effect would account for 38% of the total CO 2 emission reduction followed by the structural change effect (35.1%) and fuel mix effect (27.6%) while the joint effect is negligible. The study also shows that economy-wide CO 2 emission reduction due to IRP considering the RE of 45% would be 241 million tons as compared to 333 million tons when the RE is 25%

Integrated resource planning in the power sector and economy-wide changes in environmental emissions

International Nuclear Information System (INIS)

Shrestha, Ram M.; Marpaung, Charles O.P.

2006-01-01

This paper analyzes the roles of key factors (i.e., changes in structure, fuel mix and final demand) on total economy-wide changes in CO 2 , SO 2 and NO x emissions when power sector development follows the integrated resource planning (IRP) approach instead of traditional supply-based electricity planning (TEP). It also considers the rebound effect (RE) of energy efficiency improvements in the demand side and analyzes the sensitivity of the results to variations in the values of the RE. A framework is developed to decompose the total economy-wide change in the emission of a pollutant into four major components, i.e., structural change-, fuel mix- , final demand- and joint-effects. The final demand effect is further decomposed into three categories, i.e., construction of power plants, electricity final demand and final demand related to electricity using equipment. The factor decomposition framework is then applied in the case of the power sector in Indonesia. A key finding in the case of Indonesia is that in the absence of the RE, there would be total economy-wide reductions in CO 2 , SO 2 and NO x emissions of 431, 1.6 and 1.3 million tons respectively during the planning horizon of 2006-2025 under IRP as compared to that under TEP. The decomposition analysis shows that the final demand effect would account for 38% of the total CO 2 emission reduction followed by the structural change effect (35.1%) and fuel mix effect (27.6%) while the joint effect is negligible. The study also shows that economy-wide CO 2 emission reduction due to IRP considering the RE of 45% would be 241 million tons as compared to 333 million tons when the RE is 25%. (Author)

Socio-Cultural Factors and International Competitiveness

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Madara Apsalone

2015-12-01

Full Text Available Socio-cultural factors – shared values, norms and attitudes are significant, but less acknowledged sources of international competitiveness. Previous studies have found socio-cultural factors positively affecting various aspects of international competitiveness – entrepreneurship, innovation, productivity and international cooperation. These factors are more sustainable and less affected by external environment changes in comparison with the traditional factors. Socio-cultural factors provide an opportunity to develop competitiveness strategies based on unique advantages. This research aims to explore the impact of socio-cultural factors on international competiveness in small, open economies. Analysing relationship between 400 socio-cultural indicators and competitiveness indicators such as productivity, economic development, business and government efficiency, innovation capacity and infrastructure in 37 countries, six socio-cultural factors have emerged: Collectivism and Hierarchy; Future, Cooperation and Performance Orientation, Self-expression, Monochronism and Rationality, Economic Orientation and Social structure. The first factor – Collectivism and Hierarchy – tends to reduce the international competitiveness; the other five affect it positively.

Social Economy: Challenges and Opportunities

Directory of Open Access Journals (Sweden)

Ioan HOSU

2012-06-01

Full Text Available The present article addresses a topic of interest for both the public sector and the nonprofit sector, namely that of the innovative practices of social economy. Diverse practices and models of social economy are increasingly present in the Romanian community, this being the reason why it is important to study the major coordinates of social economy and social entrepreneurship identified by means of an empirical research done in Romania. Social economy is considered one of the most important innovative strategy approaches as this sector may contribute to some efforts done for the elimination of poverty and the re-launching of local economies. The integration of the identified elements in regional programs and public policies is the starting point of the strategic approaches regarding reform in public administration. Social economy can be an example of joint action for public and private organizations and institutions interested in carrying out community projects based on inclusive, participative and innovative forms of community development.

Energy disruptions, interfirm price effects and the aggregate economy

International Nuclear Information System (INIS)

Huntington, Hillard G.

2003-01-01

In an economy with many imperfect competitors (monopolistic competition), firms that pass through higher oil prices during a disruption will affect the demand for firms in other industries. Firms that charge higher prices for their final product will include the effect on their own final product in their private decisions but will exclude the effect on the final products of other firms. Although a pecuniary externality, these actions will reduce society's welfare, unlike the case of a perfectly competitive market. This situation creates a societal risk that is much wider than an externality in any single market. Policy interest shifts from one of punishing Persian Gulf oil producers to one of cushioning an industrialized economy from sudden disruptions caused by political and military conflicts. Although the value of reducing oil use depends upon a number of unknown parameters with wide distributions, a representative numerical example suggests that it may approach 5 US dollars per barrel. (Author)

Competition and natural monopoly: the case for generation

International Nuclear Information System (INIS)

Pelegry, E.A.

1995-01-01

Some examples and references are used to support the existence of economies of scale associated with the electricity industry; for this, and in accordance with economic theory, the existence of a natural monopoly for electricity generation can be argued. The paper discusses the theory that competition in generation, with the aim of lowering the cost of electricity, can be achieved by other means than the competition between generators over the bidding price. One alternative is the competition between generators with reference to standards fixed by a Regulator, along with the progressive introduction of new low-cost installed capacity. 5 refs., 4 figs

COMPETITIVENESS OF DEFENSE INDUSTRY IN TURKEY

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Hakki BILGEN

2010-01-01

Full Text Available Turkey has created some opportunities for the organisations in the defense industry to generate a suitable business and to ensure its sustainability. The domestic coverage ratio of defense system need in 2010 is aimed as 50%. To achieve this target depends on the defense industry competitiveness. In this study, the development plans, strategies and foreign trade are examined. Its contribution which has an important place in the research and development investment, is not at the level expected in Turkey’s economy. Turkey occupies 47th position in World Competitiveness Scoreboard, and 61st position in Global Competitiveness Index in 2009. The index factors are investigated to understand the competitiveness according to the Porter’s diamond model, applied in Turkey for the first time. As a result, the competitiveness analysis of Turkish defense industry is carried out and its global place and competitive advantage are exposed. Therefore, a framework is made to introduce a guide for decision-making by using a widely-accepted model, and to contribute to the plans and strategies

The investigation of the regional engineering industryґs competitiveness

Directory of Open Access Journals (Sweden)

Oleg Ivanovich Botkin

2011-06-01

Full Text Available This paper reviews the status and features of the development of key sectors of mechanical engineering in the Republic of Udmurtia in an increasingly competitive and globalized economy. The dynamics of a number of key indicators of financial and economic activity has been analyzed. Basing on the analysis, negative trends indicating a weakening of the industrial enterprises in the region and established before the global financial crisis and the factors strengthening efforts of its negative impact have been revealed. These changes require from the management of the enterprises active action for strategic restructuring aimed at obtaining extra competitive advantages and ensuring further development. As a mechanism to overcome these phenomena, the use of a model based on the formation of integrated corporate structures of holding type, with additional benefits in today's global competition in the markets of industrial products and the forthcoming accession of Russia to the WTO has been suggested, allowing post-crisis development of the innovative scenario. As a result of the analysis of the dynamics and parameters of the structuring of the industry's key assets revealed that these transformations are carried out with participation of both big business and the state acting in this process in the name of state corporations.

Malaysia's Human Resource Strategies for a Knowledge-Based Economy - Comparing the Influence of Different Labur Market Relations

DEFF Research Database (Denmark)

Fleming, Daniel; Søborg, Henrik

2010-01-01

In the last 15-20 years the Malaysian government has sought to meet the increasing international competition in the labour intensive manufacturing industry by transforming the economy to a more knowledge-based economy. Impotant levers are industrial upgrading policies and partnerships with leadin...

The effects of regional economic integration in Europe of the pattern north-north and north-south

Directory of Open Access Journals (Sweden)

Antevski Miroslav

2007-01-01

Full Text Available This paper examines the effects of regional economic integration in Europe, especially the North-North and North-South integration patterns, and how the benefits and costs of integration are divided between countries. Outcomes depend on: comparative advantages, factor endowments, factor intensities, competitive advantages, FDI flows, transfers of technology, knowledge spillovers, economies of scale, transport costs, industry/GDP ratios, and agglomeration forces. The North-North integration between high income countries tends to lead to convergence of country incomes. Contrary, the South-South integration between low income countries causes divergence. Low income countries are likely to be better served by the North-South integration.

Greening and earning. Searching for chances for the Dutch economy; Vergroenen en verdienen. Op zoek naar kansen voor de Nederlandse economie

Energy Technology Data Exchange (ETDEWEB)

Hanemaaijer, A.; Manders, T.; Raspe, O.; Van den Berge, M.; Brandes, L.; Van der Esch, S.; Notenboom, J.; Reudink, M.

2013-10-15

This Signals Report focuses on the interface between greening and competitiveness, especially with regard to the chances that are offered by greening. It describes how the Netherlands is doing, how we are doing compared to other countries. It also identifies bottlenecks and barriers that companies encounter in realizing their ambition to become greener, and the report looks across the border to learn from other countries. Based on this analysis, the report outlines opportunities for policy signals to facilitate the transition to a green, innovative and competitive Dutch economy [Dutch] Dit Signalenrapport richt zich op het raakvlak tussen vergroening en concurrentiekracht en vooral op de kansen die vergroening biedt. Het beschrijft hoe Nederland ervoor staat, hoe we het doen ten opzichte van andere landen, het inventariseert knelpunten en barrieres waar bedrijven tegenaan lopen bij het realiseren van hun ambitie om te vergroenen, en het kijkt over de grens om te leren van andere landen. Op basis van deze analyse schetst dit signalenrapport mogelijkheden voor beleid om de overgang naar een groene, innovatieve en concurrerende Nederlandse economie te bevorderen.

Knowledge Economy and its Effects in Romania

Directory of Open Access Journals (Sweden)

Prof. Ph. D. Laura Cismas

2009-05-01

Full Text Available Knowledge economy implies that the rationality of individuals is limited because they make and adapt their choices in an environment affected by risk and uncertainty. The first part of this paper proposes an analysis of the knowledge economy, based on its interdisciplinary nature. Thus, classical theories adapt to visions that pertain to the dynamics of human interactions, the restructuring of the social network theory, the general equilibrium theory and the game theory.The research part of this paper identifies and explains the link between innovation and knowledge, as well as its effects on the Romanian economy’s competitiveness and innovation. The conclusions illustrate that the consolidation of knowledge-based economy in Romania implies setting certain priorities, such as: investing in education, developing entrepreneurship, creating an innovative and efficient system made up of companies, research centers and universities, which enables new technologies to be absorbed, adapted and created for the society.

Globalization and the financialization of the economy

Directory of Open Access Journals (Sweden)

Ion Bucur

2013-12-01

Full Text Available The defining with profound implications on the economy and society is represented the globalization. In this context, we have noticed the increasing influence of the financial markets on the economy, the tendency to remove the finances from the real economy requirements, the growing role of external financing using more volatile capital goods, increased competition regarding the access to financing, the significant increase of power of the international capital markets whose characteristic is represented by the increased instability, the implications of the investors’ obsession with an excessive profitableness of their own funds and the expansion of using sophisticated financial products. Realities of today’s financial markets, which are the subject of numerous studies and analysis, have contributed to the association of the arguments that are contesting the thesis on the virtues of self-regulation markets and promoting a new paradigm, within which finances should subordinate the requirements of a balanced and sustained economic growth.

Strategic Outsourcing under Economies of Scale

OpenAIRE

Chen, Yutian; Sen, Debapriya

2010-01-01

Economies of scale in upstream production can lead both disintegrated downstream firms as well as its vertically integrated rival to outsource offshore for intermediate goods, even if offshore production has moderate cost disadvantage compared to in-house production of the vertically integrated firm.

Market Economy under Rapid Globalization and Rising Productivity

OpenAIRE

Konov, Joshua Ioji

2012-01-01

Market economy of enhancing business laws in contracting, bonding, insuring, legal corporate structures , e.g. will marginalize the economic agents and tools that make market competition unfair, empower small and medium businesses and investors, and boost business activities, fiscal strength, employment, and capital transmission. Keynesian capital infusion will extend its market effect in such higher security marketplace.

Private Forests: Management and Policy in a Market Economy

Science.gov (United States)

Frederick W. Cubbage; Anthony G. Snider; Karen Lee Abt; Robert L. Moulton

2003-01-01

This chapter discusses privately owned forests and timber management in a market economy, including private property rights and tenure, landowner objectives and characteristics, markets, and government policies. Private forest land ownership and management-whether it be industrial or nonindustrial-is often assumed to represent the classic model of atomistic competition...

Innovative economy: preconditions and factors of formation and development

Directory of Open Access Journals (Sweden)

Alexandru GRIBINCEA

2017-03-01

Full Text Available Dynamic economic growth can be considered an important factor in the country’s competitiveness in the market system. In the process of improvement of the market economy model, priority should be given to development of production on a new technical basis, innovation activity to translate scientific and technological research results into production, creation of new technological processes and restructuring in on the modern scientific and technological basis of all branches concerning material production and the service sector. The purpose of the study is to identify the assumptions and factors regarding the formation and development of innovative economy.

Technology management-An effective tool to add competitiveness to the business

Energy Technology Data Exchange (ETDEWEB)

Layrisse, I.; Izquierdo, A. [Intevep, S.A., Caracas (Venezuela)

1996-08-01

Petreleos de Venezuela (PDVSA) and its affiliated companies, aware of the importance of the technology to sustain the viability of a successful corporation in global markets with increasing competition and stringent economies, are devoting important efforts in technology as an effective tool to add competitiveness to its core businesses. These efforts are based in the conception of the technology as a structural aspect of the corporation integrated to each one of its businesses. In this sense technology is considered in an integrated way together with markets, operations, infrastructure, resources, etc., across the value chain of the company, from the conception of its vision and mission to the formulation and execution of its operating plans. In this presentation, the conceptual and methodological aspects employed by PDVSA in the establishment of its technology strategy integrated to its business plan, and subsequent project portfolio definition, are summarized. The experience acquired through this corporative exercise conducted by PDVSA confirms that technology and its management are highly linked to the culture of the companies and of the countries where they operate. The technology management best practices are very helpful in establishing processes and specific methodologies; however, the consideration of other aspects such as leadership, management style, shared values, etc., need to be taken into account with the same emphasis, in order to accomplish the changes needed to create a technology culture fitted to a given setting and ideology.

Civilizational deadlock of the economy of growth

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Alatartseva Elena

2016-01-01

Full Text Available The key topic of the paper is determined by the crisis situation of the nowadays economic model. Capitalism is the dominant economic form in the global economy. Varieties of capitalism exist ranging from state capitalism to neo liberalism but all are pervaded by a dominant theme, an egocentric economy model or ego-economics. This model is underlain by postulates of the need for a continued growth spurred by end-use. The realisation of this model is provided by monetary approaches and stimulation of consumer demand as the main driver of economic growth. The key tools for stimulating demand in this model of economy are competition, information impact on the consumer consciousness and choices, the massive accessibility of credit, the massive accessibility of financial markets and financial instruments, the actualisation of passive incomes as opposed to creative labour, and other degradation triggering factors. The crowning part of this model is the debt economy of consumption of societies of individualists who do not share traditional systems of values but are guided by illusory, temporary, short-term objectives. Thus, the egocentric economy model established dominance in relation to the ecological economy model, exposing a bulk of contradictions in principles underlying the system and promotes unsustainability. The future turned out to be in jeopardy... The paper contrasts ego-economics and ecoeconomics, traces of the emergence of the first one and the need for the second one as a necessary condition for long-term sustainability.

Crisis in Eastern Europe : The Downside of a Market Economy Revealed?

NARCIS (Netherlands)

Hoen, Herman W.

After the collapse of communism, the Central and Eastern European countries decided to implement a market economy embedded in a democratic order. A constituent element of the transition was a fully-fledged integration with the global economy. One of the consequences of this integration is that the

The Spatial Recourses and Limitations of the Russian Economy Modernization: the Example of the North-West Macro Region

Directory of Open Access Journals (Sweden)

Sergey Valentinovich Kuznetsov

2015-09-01

-West of Russia. Thus, in the study, based on calculations of the index of integration into the world economy, it is shown that the possibilities of modernization are associated with the degree of openness and competitiveness of regions in the global context. On the example of this macro-region, the space capabilities and limitations of economic modernization, typical for Russia, are identified. Specific ways of the modernization project of the economy of the North-West macro-region are defined, taking into account domestic resources, spatial disparities, “inherited features”, global economic factors, internal constraints and others. The results will be reflected in the implementation of fundamental research of team within the Program of the Presidium of RAS №16 "Spatial Development of Russia in XXI century: nature, society, and their interaction."

An entropic framework for modeling economies

Science.gov (United States)

Caticha, Ariel; Golan, Amos

2014-08-01

We develop an information-theoretic framework for economic modeling. This framework is based on principles of entropic inference that are designed for reasoning on the basis of incomplete information. We take the point of view of an external observer who has access to limited information about broad macroscopic economic features. We view this framework as complementary to more traditional methods. The economy is modeled as a collection of agents about whom we make no assumptions of rationality (in the sense of maximizing utility or profit). States of statistical equilibrium are introduced as those macrostates that maximize entropy subject to the relevant information codified into constraints. The basic assumption is that this information refers to supply and demand and is expressed in the form of the expected values of certain quantities (such as inputs, resources, goods, production functions, utility functions and budgets). The notion of economic entropy is introduced. It provides a measure of the uniformity of the distribution of goods and resources. It captures both the welfare state of the economy as well as the characteristics of the market (say, monopolistic, concentrated or competitive). Prices, which turn out to be the Lagrange multipliers, are endogenously generated by the economy. Further studies include the equilibrium between two economies and the conditions for stability. As an example, the case of the nonlinear economy that arises from linear production and utility functions is treated in some detail.

MOBILE MONEY TRANSFER DIGITAL ECONOMY IN GAINING COMPETITIVE ADVANTAGE OVER MFIS IN RWANDAN CONTEXT: AS A CASE STUDY OF SACCOS IN RWANDA

Directory of Open Access Journals (Sweden)

2014-01-01

Full Text Available The Government of Rwanda has adopted a very ambitious financial sectordevelopment plan which is at the implementation stage. This has made the administration to create atleast one SACCO at every administrative level hence known as '' umurenge''. This plan is captured in the vision 2020 under the Economic Development and Poverty Reduction Strategy (EDPRS. It is realized that micro financial institutions MFIs is an important sector in mobilising savings and availability of credit at reasonable rates and other financial services for investment to the rural majority. However, despite all these effort by Government, the level of domestic savings remains very low and the financial exclusion highly alarming. MFIs is a strategy to eradicate poverty amongst the vulnerable youth and women. Mobile money is a tool to allow individuals to transact using cell phone technology. The study will explore how Digital Economy has gained competitive advantage over SACCOs/ MFIs. The study is motivated by the acceptance and embracing of technology (ICT amongst low income earners giving it competitive advantage and encouraging e-commerce services in Rwanda. A qualitative analysis will be undertaken, and an in depth examination of the variables using business models to establish a relationship in the Rwandan context.

PERMANENT INNOVATION - SOLUTION FOR THE INCREASE OF THE COMPETITIVENESS OF THE COMPANIES

OpenAIRE

Corina FRÃSINEANU; Ioan FRÃSINEANU

2011-01-01

The economy based on knowledge imposes a careful administration of the innovation activity at the level of the companies parallel to the possibility of the formation of innovation networks - competitive poles - clusters. These types of cooperation between companies are aimed at maintaining and increasing the competitive advantage acquired at regional or national level

Competition and natural monopoly. The case for generation

International Nuclear Information System (INIS)

Pelegry, E.A.

1996-01-01

Traditionally, economic theory has considered the generation, transport and distribution of electricity to be a natural monopoly, primarily as a result of the economies of scale associated with the electricity industry. Recently, and partly as a consequence of the deregulation trends within Europe, this paradigm of a natural monopoly in electricity generation has come under question. Some examples and references are used to support the existence of economies of scale and scope of electricity generation, and for this, and in accordance with economic theory, can be argued the existence of natural monopoly. Competition in generation is discussed, with the aim of lowering the cost of electricity that can be achieved by other means than the competition between generators over the bidding price. The advantages and disadvantages of the new generation are considered, such as gas in combined cycle, cogeneration systems and renewables. (R.P.)

The Characteristics of Susceptibility of Innovative Products in the Domestic Economy

Directory of Open Access Journals (Sweden)

Zyza Olena O.

2017-03-01

Full Text Available The article is aimed at studying the characteristics of susceptibility of innovative products in the domestic economy. On the example of the mobile communications market, an analysis of the diffusion of innovations and their acceptance in the context of business cycle has been carried out. On the basis of the mentioned analysis has been determined that the difference between the time of invention of a new product or technology and the time of its application, as well as diffusion into the domestic economy, is connected with different trajectories of business cycle. A comparative analysis of competitive advantages in the implementation of innovation in Finland, Switzerland and Ukraine was carried out through the prism of the factors, which determine the competitiveness of innovations, and the factors, which are not conducive to the implementation of entrepreneurial activity. It has been determined that entrepreneurial activity in the leading countries is most hampered by economic factors, and in Ukraine – by social and political factors. The low innovative capacity compared with Finland and Switzerland in the domestic economy is associated with a weak innovation infrastructure.

What Is Hampering the Development of Our Education? The New Economy and the New Education

Science.gov (United States)

Maksakovskii, V. P.

2006-01-01

At the turn of the twenty-first century a paradigm shift in economic development is taking place in the world. This is reflected in the transition to what goes by the name of the new economy. Given birth by the information and communications revolution, this economy is developing under the conditions of globalization and competition while…

The role of coal in the US energy economy: Interfuel competition, environmental concerns, and the impact of utility restructuring

International Nuclear Information System (INIS)

Raschke, M.G.

1988-01-01

This paper briefly examines the role coal plays in the US energy economy and its competition with nuclear power, and then in greater detail the impact of environmental regulation, changes in utility regulation, and inter fuel competition on the future of coal. The US as the world's number two coal producer, shares many of the same problems and concerns as China, the world's number one coal producer. The use of coal in electric generation has been and will continue to be the only growth sector for the coal industry. The steel industry remains in permanent long-term decline. Forecasts vary, but there are indications that even in conservative forecasts, there is more down side risk than upside potential. Poor performance in the nuclear power sector can be expected to favorably impact coal consumption in the long term. Continued escalation of operating costs could erode any cost advantage that nuclear plants currently enjoy. However, environmental concerns could also escalate operating costs for coal fired plants. Also, concern over the greenhouse effect may lead policy makers to reexamine the nuclear option of inherently safe reactors. The greatest challenge to expanded use of coal comes from environmental concerns. Acid rain is a complex political, economic, and scientific issue. Clean coal technologies are seen by many as the answer to the threat posed by various forms of clean air legislation and regulation. Significant changes in the regulatory environment for electric and gas utilities and technological developments are likely in the 1990's to alter the nature of the electric generation industry

Integration as the basis of stable and dynamic development of enterprises in agroindustrial complex

Directory of Open Access Journals (Sweden)

Petr Ivanovich Ogorodnikov

2011-12-01

Full Text Available Formation of market relations in Russian economy generates an objective need to address a number of problems in the relationship between agroundustrial complex organizations in connection with privatization, liberalization of prices and imbalances in the existing inter-industry production and economic relations that negatively affect the results of their economic activities. Because of the flagrant violations of the replenishment process, a diverse range of connections and relationships between producers and processors was broken. The major direction of lifting agricultural economy in this situation is the development of cooperatives and agroindustrial integration. In addition, the formation of large integrated complexes demonstrates high efficiency and rapid development, which is the basis of agroindustrial sector in many developed countries. The increase of competition forces business entities to combine capabilities and mutually beneficial cooperation in the struggle for the strengthening of market positions. Thus, increasing the degree of integration in the agricultural sector helps to get out of the protracted crisis and move more quickly to the innovations.

Cyber-Security Challenges with SMEs in Developing Economies: Issues of Confidentiality, Integrity & Availability (CIA)

DEFF Research Database (Denmark)

Yeboah-Boateng, Ezer Osei

The essence of this study is first to highlight the cyber-security challenges confronting SMEs in developing economies, and to model a framework for safeguarding their assets, to ensure continuous optimal business operations, and to participate and compete securely in the ubiquitous cyber......, to develop customer-centric strategies. While connectivity is indispensable for achieving business success, being connected also implies being exposed to a myriad of cyber-security challenges, such as vulnerabilities of confidentiality, integrity and availability (CIA). As vulnerabilities are exploited...... cognitive map (FCM) approach is also used to show the implications of vulnerabilities amongst SMEs asset disposal policies....

The Position of Sub-Saharan Countries in the World Economy

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Baumgartner Boris

2016-06-01

Full Text Available Most of the countries of sub-Saharan Africa belong to the most underdeveloped and poorest countries in the world economy. This region consists of forty-nine countries but at world GDP, world export, world import and inflow of foreign direct investment share only by small percent. There are some positive facts in the recent history of sub- Saharan Africa. Sub-Saharan Africa has grown faster than the world economy in the past ten years. The predictions are also positive. There is an expectation of another growth till the 2020. If the sub-Saharan countries want to keep the growth in the future they have to invest to infrastructure, in educational system, in research and science to make their economies more competitive.

Book Review: Jandl, Thomas, Vietnam in the Global Economy – The Dy-namics of Integration, Decentralization and Contested Politics

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Adam Fforde

2014-01-01

Full Text Available Book Review of the Monograph: Thomas Jandl (2013, Vietnam in the Global Economy – The Dynamics of Integration, Decentralization and Contested Politics. Plymouth: Lexington Books, ISBN 978-0-7391-7786-0, 312 pages

Research on the Core Competitive Power Elements Evaluation System of Green Hotel

OpenAIRE

Hui LIANG

2013-01-01

Green hotel is a new type of hospitality industry development model based on the concept of circular economy and sustainable development. This paper makes an analysis and evaluation of the elements of green hotel core competence, on this basis, constructs the Green Hotel core competitive evaluation index system. The construction of the system is conducive to understand the green hotel’s own competitive advantage objectively, and explore ways to enhance its core competitiveness, providing obje...

Knowledge based economy: The role of expert diaspora

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Filipović Jovan

2012-01-01

Full Text Available Diasporas stand out as an economic or cultural avant-garde of transformation. This is especially true for academic and other intellectual Diaspora communities, because science and knowledge creation are global enterprises. Proclivity of knowledge workers to move in order to improve and absorb transnational knowledge through Diaspora networks might be an essential quality of an emerging national economy of a developing country. The article treats the role of expert Diaspora in knowledge based economy, innovation and talent management. Besides presenting the essentials of knowledge based economy and innovation, it discusses the role of expert Diaspora in science, technology and innovation (STI capacity building. Also, the article emphasizes the importance of leadership for talent and its implications for Diaspora. Using WEF statistics, it illustrates negative consequences of the sad policy of “Chaseaway the brightest and the best” for innovative capacity, competitiveness, and prosperity of nations.

INTEGRATED PRODUCT AND ENTERPRISE DESIGN FOR GLOBAL COMPETITIVENESS

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N.D. Du Preez

2012-01-01

Full Text Available This paper presentsan overview of the challenge to integrate product and process life cycles in maintaining global competitiveness of an enterprise and proposes IEKOS as a possible solution . It provides the reader with a framework of two virtual life cycles which create a problem solving matrix for the industrial engineer. In this matrix, bordered by the virtual enterprise life cycle and the virtual product life cycles, the business functions of analyze, design deploy and operate are predominantly functions executed by the, industrial engineer. The different phases of each life cycle serves as a framework to a virtual industrial engineering toolkit providing access to detailed functions, formats, examples and a series of software and other "tools" available to the industrial engineer.
In conclusion a brief overview is provided of the progress of the IEKOS toolkit which is under development at the department of Industrial Engineering at Stellenbosch University.

The argument for robust competition supervision in developing and transition countries

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Frank Emmert

2016-09-01

Full Text Available The article discusses first the differences between market economic models, socialist or planned economies, and economies controlled by monopolies or cartels, to make the case for competition supervision. Subsequently it argues for a broad approach to competition super-vision - beyond a narrow view of antitrust law. The second part of the paper discusses monopoly or dominant position and the criteria to measure them. It reviews the reasons for merger control as a preventive step against monopoly or dominant position. Finally it discusses the issues related to collusion in the form of cartels and how to detect them. The third part of the paper focuses on the best ways for developing and transition countries to introduce or reinforce comprehensive competition supervision: Functioning institutions and how they have to be empowered and structured; priorities to be set; how competition oversight has to be embedded in the legal system, including court review; and why effective enforcement is so important and how it can be promoted. In an annex** there are links to some 75 countries which have newly introduced competition laws in the past 25 years and their legislative materials. Finally, there are links to another 30 countries which have substantially revised their legislative bases in the same time frame.

Knowledge for a sustainable economy. Knowledge questions around the Dutch Memorandum on Environment and Economy ('Nota Milieu en Economie'); Kennis voor een duurzame economie. Kennisvragen rond de Nota Milieu en Economie

Energy Technology Data Exchange (ETDEWEB)

Dieleman, J.P.C.; Hafkamp, W.A. [Erasmus Studiecentrum voor Milieukunde, Erasmus Universiteit Rotterdam, Rotterdam (Netherlands)

1999-05-19

June 18, 1997, the Dutch government presented the Memorandum Environment and Economy with the aim to contribute to integration of environment and economy and to stimulation the realization of a sustainable economy. Next to a vast overview of actions, ideas, perspectives, staring points, challenges and dilemmas to take into account when forming a sustainable economy, it is indicated in that Memorandum that there is a need for research and knowledge to compile relevant data and insight to support decision making processes. The aim of this report is to develop a framework in which knowledge questions can be generated. The questions that fall outside the framework of the Memorandum concern needs, values and images and are formulated in four groups: (1) what is the role of materialism and stress in processes of conventional economic growth?; (2) What is the importance of reduction of consumption ('consuminderen') and slowing down ('onthaasting' or dehasting) to realize a process of sustainable economic development; (3) which images form the basis of the present process of economic development, where do they come from and how do they change over time; and (4) which images of progression give direction to a sustainable economic development and how do they exist? The questions that follow the Memorandum concern decoupling (of environment and economy), sustainable consumption, knowledge economy, institutions and a process of change. Central in the framework of knowledge questions are questions, related to perspectives and actions, as formulated in the Memorandum for different sectors in the Dutch society: industry and services; agriculture and rural areas; and traffic, transport and infrastructure.

CREATIVE ECONOMY. DETERMINANTS AND STAKES OF CREATIVITY AND INNOVATION MANAGEMENT. REGIONAL INGRESSIONS

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IVANOVICI MINA

2009-05-01

Full Text Available Within the framework of creative economy the creative and innovative management represents a strategic issue to consider when stimulating the enhancement of competitiveness among companies and countries. Creativity, innovation and new product development

US Competitiveness in Synthetic Biology.

Science.gov (United States)

Gronvall, Gigi Kwik

2015-01-01

Synthetic biology is an emerging technical field that aims to make biology easier to engineer; the field has applications in strategically important sectors for the US economy. While the United States currently leads in synthetic biology R&D, other nations are heavily investing in order to boost their economies, which will inevitably diminish the US leadership position. This outcome is not entirely negative--additional investments will expand markets--but it is critical that the US government take steps to remain competitive: There are applications from which the US population and economy may benefit; there are specific applications with importance for national defense; and US technical leadership will ensure that US experts have a leading role in synthetic biology governance, regulation, and oversight. Measures to increase competitiveness in S&T generally are broadly applicable for synthetic biology and should be pursued. However, the US government will also need to take action on fundamental issues that will affect the field's development, such as countering anti-GMO (genetically modified organism) sentiments and anti-GMO legislation. The United States should maintain its regulatory approach so that it is the product that is regulated, not the method used to create a product. At the same time, the United States needs to ensure that the regulatory framework is updated so that synthetic biology products do not fall into regulatory gaps. Finally, the United States needs to pay close attention to how synthetic biology applications may be governed internationally, such as through the Nagoya Protocol of the Convention on Biological Diversity, so that beneficial applications may be realized.

THE IMPACT OF THE EXTERNALITIES GENERATED BY COMPETITIVE INTELLIGENCE

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Moraru Adrian

2015-07-01

Full Text Available The goal of the paper named “The impact of the externalities generated by Competitive Intelligence” is to describe and understand how this activity works and behaves in a competitive environment, and what are the real cost of obtaining durable competitive advantages through a process such as Competitive Intelligence. This activity creates high added value on the market and the proper use of it can have a strong influence on increasing the competitiveness on the global economic environment and, therefore, increasing the efficiency inside those environments. On the other hand, externalities play a significant part in the economic welfare and, currently, in a globalized world, must be taken into consideration in order to obtain sustainable growth of the economy. As any other economic activity, Competitive Intelligence is also causing both positive and negative externalities. A thorough analysis of those externalities effects has to be made in order to understand how this process really works, and this paper aims to be the starting point of that analysis. Of course, further studies have to deepen each impact and obtain relevant results that will add up and draw more specific conclusions. This study’s conclusions, however, will reveal if this activity can work properly in every type of economy, regardless of its state of development. Since it represents a way to improve global competitiveness and, therefore, the market’s performance, the impact Competitive Intelligence is making on the whole economic system is a main parameter for establishing its real use. All in one, by being one of the most innovative ways to obtain competitive advantages through qualitative methods of analysis, the implementation of this process into the organizational culture of firms might change the way competitors choose to respond to one another’s actions. This research has taken into consideration both the macroeconomic and the microeconomic environment, using

Applying a Virtual Economy Model in Mexico's Oil Sector

International Nuclear Information System (INIS)

Baker, G.

1994-01-01

The state of Mexico's oil industry, including the accomplishments of Pemex, Mexico's national oil company, was discussed, with particular reference to the progress made in the period of 1988-1994, and the outlook for innovations in the post-Salinas era. The concept of an evolutionary trend from a command economy (State as sole producer), towards market (State as regulator) or mixed economies (State as business partner) in developing countries, was introduced, placing Pemex within this evolutionary model as moving away from centralized control of oil production and distribution, while achieving international competitiveness. The concept of ''virtual market economy'' was also discussed. This model contains the legal basis of a command economy, while instituting modernization programs in order to stimulate market-economic conditions. This type of economy was considered particularly useful in this instance, sine it would allow Pemex units to operate within international performance and price benchmarks while maintaining state monopoly. Specific details of how Pemex could transform itself to a virtual market economy were outlined. It was recommended that Pemex experiment with the virtual mixed economy model; in essence, making the state a co-producer, co-transporter, and co-distributor of hydrocarbons. The effects of such a move would be to bring non-debt funding to oil and gas production, transmission, and associated industrial activities

Inefficient equilibria in transition economy

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Sergei Guriev

1999-01-01

Full Text Available The paper studies a general equilibrium in an economy where all market participants face a bid-ask spread. The spread may be caused by indirect business taxes, middlemen rent-seeking, delays in payments or liquidity constraints or price uncertainty. Wherever it comes from the spread causes inefficiency of the market equilibrium. We discuss some institutions that can decrease the inefficiency. One is second currency (barter exchange in the inter-firm transactions. It is shown that the general equilibrium in an economy with second currency is effective though is still different from Arrow–Debreu equilibrium. Another solution can be introduction of mutual trade credit. In the economy with trade credit there are multiple equilibria that are more efficient than original bid-ask spread but still not as efficient as Arrow–Debreu one, too. The implications for firms' integration and applicability to Russian economy are discussed.

Industrial restructuring as an instrument for enhancing national competitiveness

OpenAIRE

Muradov, Shahbaz; Yuzbashieva, Gulshen

2008-01-01

This article considers matters of fostering national economic competitiveness in the context of industrial restructuring. The authors show the dependence of dynamic and sustainable economic and social development on the frequency and depth of structural transformations in the economy.

Some Consideration On Knowledge Management Implication On Organization's Competitiveness

Science.gov (United States)

Draghici, Anca; Ciortan, Marius Areta; Florea, Claudia

2015-07-01

The research described in this paper has been focused on two objectives: to debate the knowledge management's active role for organizations competitive advantage and to describe information technology's capabilities in leveraging the knowledge worker's competencies. For the purposes of this article, competitive advantage is perceived as a strength that provides a market advantage relative to a competitor. Often competitive advantage is related to the core competencies of the organisation, which are frequently based on implicit know-how or tacit knowledge. This intangible, unstructured knowledge is difficult to manage; consequently management has ignored it when designing business strategy. However, the increased competitive pressures of the post-industrial global economy and the exponential advances in computing power have increased management's interest in knowledge as a sustainable source of competitive advantage.

The consequences of product markets globalization for Ukraine’s national economy

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Ivashchenko Maryna

2016-04-01

Full Text Available The features of global commodity markets have been considered in the article. The purpose of the article is to identify the sources and consequences of commodity markets globalization observable in the world economy and to develop the recommendations as for the state and corporate governance in the context of global competition. The author’s attention is paid to transnational corporations that make up the most significant competition in the global commodity markets. The influence of transnational business on product markets has been investigated. The last is defined as a product of globalization on the one hand, and becomes a catalyst of globalization processes on the other hand. Also the place of Ukraine in global ratings has been traced. It has been proved that the most effective way of behavior of Ukrainian enterprises on the global commodity markets among all the possible variants is the way of innovation development. Despite the reduction of the government regulatory role in the global economy it has been recommended the adoption of effective management decisions to support of the domestic producers but not at the expense of a healthy global competition.

The Digital Economy: Controversity of Content and Impact on Economic Development

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Kolomiyets Ganna M.

2017-07-01

Full Text Available The transformations of the technological structure of current economy have led to the emergence of digital economy that offers significant opportunities and, at the same time, creates threats. The article is aimed at displaying methodological approaches to interpretation of digital economy, contradiction of the possible results of its development and functioning, and the practical relevance of research into this phenomenon. The digital economy transforms economic interactions; destroys long chains of intermediaries; speeds up the conclusion of different agreements; eliminates spatial constraints in access to markets; offers competitive advantages to companies regardless of their size; enables to create a scale effect and materialize its positive impact by reducing costs. At the same time, in developed countries and industry sectors that can easily be automated, the need for low-and medium-skill workers is severely reduced. A more part-time economy is being formed, with engagement of freelancers who are not covered by the social security system on a short-term basis. These processes threaten the stability of incomes and the development of the national economy. A comparative analysis of the development of digital economy uses the indices that can form the basis of the national economic foresight.

Teaching Children about the Global Economy: Integrating Inquiry with Human Rights

Science.gov (United States)

McCall, Ava L.

2017-01-01

Although children are already part of the global economy, they often have little understanding of its influence without explicit instruction. The article focuses on recommendations for teaching elementary students in grades three through five about the global economy utilizing the pedagogical recommendations from the National Council for the…

Trans-nationalisation Processes in the Ukrainian Economy

OpenAIRE

Bolharova Natalya K.; Panevnyk Tetyana M.

2013-01-01

The article considers main processes of trans-nationalisation of Ukrainian economy, identifies specific features of trans-national production and explains some theoretical aspects of these issues. It provides main stages of theoretical comprehension of activity of trans-national corporations (TNC), specific features of the theory of competitive advantages of TNC and specifies the basic ones of them. The article conducts analysis of flows of direct foreign investments into the Ukrainian econom...

IBERINCO in the foreign trade: the integration experience

International Nuclear Information System (INIS)

Lopez, F. J.; Sanchez Mayoral, M. L.; Garcia, P. J.

2002-01-01

The universal tendencies show that nations integrate into large communities to strengthen each other and to share cultures and economies. The integration goes beyond free commerce treaties, opening of the import and export trade shaping unified policies on private sector and reaches into daily life and in the practice of organisations, generating substantial changes in the way of life of people. The companies that will survive in the X XI century will not operate in isolated mood but will have to be able to integrate products and services from other sources adding in the process the value obtained from their basic skills surrounding around their products others non specific of their business and offering to their customers products and services well defined that will make them more valuable and different from their competitions. (Author)

From Enclave to Linkage Economies?

DEFF Research Database (Denmark)

Hansen, Michael W.

as the enclave economy par excellence, moving in with fully integrated value chains, extracting resources and exporting them as commodities having virtually no linkages to the local economy. However, new opportunities for promoting linkages are offered by changing business strategies of local African enterprises...... as well as foreign multinational corporations (MNCs). MNCs in extractives are increasingly seeking local linkages as part of their efficiency, risk, and asset-seeking strategies, and linkage programmes are becoming integral elements in many MNCs’ corporate social responsibility (CSR) activities....... At the same time, local African enterprises are eager to, and increasingly capable of, linking up to the foreign investors in order to expand their activities and acquire technology, skills and market access. The changing strategies of MNCs and the improving capabilities of African enterprises offer new...

The Role for Competition Policy in Economic Development

International Development Research Centre (IDRC) Digital Library (Canada)

promoted by major donors and international organisations as part of the ... ownership and control in the South African economy. The new ... The effects of competition policy in South Africa, and selected .... costs and multiproduct firms. ..... While consistent with profit maximisation, import parity pricing is inefficient in terms.

The Darwin Economy: Liberty, Competition, and the Common Good

OpenAIRE

Robert Frank

2013-01-01

Who was the greater economist — Adam Smith or Charles Darwin? The question seems absurd. Darwin, after all, was a naturalist, not an economist. But Robert Frank, «The New York Times’» economics columnist and best-selling author of «The Economic Naturalist», predicts that within the next century Darwin will unseat Smith as the intellectual founder of economics. The reason, Frank argues, is that Darwin's understanding of competition describes economic reality far more accurately than Smith's. A...

Competitiveness and Economic Growth through Education and Investments: The Case of Moldova

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Tatiana PÎŞCHINA

2017-12-01

Full Text Available This article explores and emphasizes the importance of education and innovation activity for competitiveness, and qualitative economic growth, using the case study of the Republic of Moldova. Specifically in context of globalization, when developing nations experience pressures of economic and societal imbalances, the importance of basic cornerstones of the economy cannot be overestimated. Starting with education, an economy builds the platform to nurture and hopefully retain talent. Entrepreneurs create new business streams, new products and services, and new areas for investment. Investments, in their turn, can be used as another powerful mechanism to obtain quality in economic growth. Besides necessary investments in infrastructure and healthcare, investments into science, technology and various R&D activities that lead up to the increased share of high-technology in the GDP structure of countries like Moldova are necessary, as well as possible due to high potential of Moldova’s skilled population making up for the lack of other resources available to the developed economies. In this context, economic competitiveness and qualitative growth by importing, adapting, implementing and developing new technologies, can be reached by the industrializing economies sooner than expected.

Measuring economies of scale at the city market level.

Science.gov (United States)

Valdmanis, Vivian G

2010-01-01

Data envelopment analysis (DEA) techniques have been applied to the assessing efficiency and productivity among individual hospitals. In this article, we employ DEA to address whether economies of scale exist among hospital markets by first assessing individual hospitals operating in 2005 in the State of Florida and then by comparing hospital markets' efficiency relative to each other. The interest in hospital markets stems from issues relating to mergers among hospitals or the reallocation of services (inputs) among hospitals in a market area, particularly as occupancy rates and reimbursements are tending to fall. Facing more competition and stringent financial conditions, hospitals would benefit from decreasing costs by exploiting economies of scale.

INSTITUTIONAL TRANSFORMATIONS TO ECONOMY OF THE URAL FEDERAL DISTRICT

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S.I. Mayer

2007-06-01

Full Text Available Economy of the Ural federal district is characterized by appreciable institutional transformations. First of all, it concerns arrival on the market new and leaving from the market of the old enterprises and the organizations, that, alongside with other factors, defines growth of competitiveness of regions. The processes of development of small business, strengthening of market positions of the organizations with participation of the foreign capital, activisation of the market of merges and absorption of the companies operate also in the same direction. Noted tendencies are characteristic for economy of all Russia. However regional features, as between federal districts, and subjects of Federation are kept also.

Economies of scale and vertical integration in the investor-owed electric utility industry

International Nuclear Information System (INIS)

Thompson, H.G.; Islam, M.; Rose, K.

1996-01-01

This report analyzes the nature of costs in a vertically integrated electric utility. Findings provide new insights into the operations of the vertically integrated electric utility and supports earlier research on economics of scale and density; results also provide insights for policy makers dealing with electric industry restructuring issues such as competitive structure and mergers. Overall, results indicate that for most firms in the industry, average costs would not be reduced through expansion of generation, numbers of customers, or the delivery system. Evidently, the combination of benefits from large-scale technologies, managerial experience, coordination, or load diversity have been exhausted by the larger firms in the industry; however many firms would benefit from reducing their generation-to-sales ratio and by increasing sales to their existing customer base. Three cost models were used in the analysis

ROMANIA’S WAY TOWARDS COMPETITIVENESS

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Andreea Vass

2006-12-01

Full Text Available We want Romania to become a benchmark for our region, a center of clear competencies and a top reference exporter. Still, our integration in the global economy through the strategic partnership with the European Union has been built mainly on the cheap labor and low and medium-technology exports. Severe social problems have been solved by creating new jobs. Yet, these exports are low value added and have a small contribution to raising the living standard through high and lasting economic growth rates. There is definitely no place for further illusions. We have basically two options left: - To compete globally with the Chinese dragon and the Indian elephant on the labour-intensive product markets, or - To build a sound policy for attracting foreign direct investments (FDI that may turn Romania from a spectator into an active player on the high-technology based global market.Taking into account the perishable first option, we are left to play the second card. In other words, to achieve sustainable global competitiveness, Romania has no choice but to become a vibrant knowledge economy. The last few years witnessed constant economic growth and adjustment of the strategic investors’ perception of risks. But I believe that Romania is still un undervalued asset. The reasons are gathered on three late bloomer pillars: economics, property rights and geo-strategic advantage. Romania is now in a position to cash in on its geo-strategic location, savvy foreign policy, abundance of natural resources, sound macroeconomic policies, skilled and still inexpensive labor force and the stock-market spectacular growth.

Increasing competitiveness with intercompany integration of logistics and marketing functions

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Darja Topolšek

2016-03-01

Full Text Available Researchers of different scientific disciplines, such as management strategies, organizational theories and marketing, have in the past explored relations of mutual influences and the importance of cooperation between different functions in a company. The increased focus on the logistics function has potential to increase competitiveness. This is especially true for globally aimed production companies. In any company, logistics functions cooperate with various related functions such as production, marketing, procurement, engineering or developing new products as well as with financial functions. Each of the aforementioned connections or cooperation among logistics and its complementary functions can have a decisive effect on the company's competitiveness. Using a survey, we determined which activities in the surveyed companies are performed by the logistical function together with the marketing function and which activities they suggest should be performed together but are currently not, meaning they are co-dependent. Since interfunctional integration between logistics and marketing increases the success of a company, we also examined the connection between the current joint performance of activities and the suggested joint performance of activities among the before mentioned sectors, connected to the effectiveness of the company. To examine the mentioned connections among the logistical and marketing functions, Explanatory Factor Analysis (EFA, Confirmatory Factor Analysis (CFA and Structural Equation Modelling (SEM were performed.

Predictive performance of DSGE model for small open economy – the case study of Czech Republic

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Tomáš Jeřábek

2013-01-01

Full Text Available Multivariate time series forecasting is applied in a wide range of economic activities related to regional competitiveness and is the basis of almost all macroeconomic analysis. From the point of view of political practice is appropriate to seek a model that reached a quality prediction performance for all the variables. As monitored variables were used GDP growth, inflation and interest rates. The paper focuses on performance prediction evaluation of the small open economy New Keynesian DSGE model for the Czech republic, where Bayesian method are used for their parameters estimation, against different types of Bayesian and naive random walk model. The performance of models is identified using historical dates including domestic economy and foreign economy, which is represented by countries of the Eurozone. The results indicate that the DSGE model generates estimates that are competitive with other models used in this paper.

REGIONAL COMPETITIVENESS VERSUS TERRITORIAL COMPETITIVENESS: PROJECT TAONABA CASE STUDY - TOWN OF ABYMES, GUADELOUPE

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Neffati Houda

2013-12-01

Full Text Available Territorial intelligence can be defined as the ability of a territory to anticipate socio-economic changes and the resulting knowledge management as well as to generate policies, know-how and innovations that will ultimately create a polycentric area of expertise and service capabilities to enhance the competitiveness of companies located there. It is created by setting up a sustainable development process to review business competitiveness with all the inherent consequences in managing, making, planning and implementing decisions. Territorial competitiveness is an integrated and proactive approach to shaping the future of territories, regions and larger geographies – . to some degree it can also be referred to as spatial planning. It goes beyond traditional regional policy as it brings together economic, social and environment opportunities and in addition to other factors which influence where activities takes place, concerns how different places function and are connected, and what social and business conditions are available Territorial competitiveness strategies can help in exploring the potential for economic growth and job creation and at the same time support an enhanced quality of life by helping to meet the challenge of sustainable development. The article reports on an action research to support the urban community of Cap Excellence in Guadeloupe in its local sustainable development project. After summarizing the terms of the debate surrounding sustainable development and presenting the region, the research is placed back in the context of a more general approach of territorial intelligence.. The limits of developing a local Agenda 21 in the form of a "programmed action plan" give the opportunity to improve territorial intelligence with the concept of agency arising from Foucault's 'dispositif' or apparatus, Deleuze's theory of agency and the actor-network. A discussion on this ontology social will be initiated. We will give

EVOLUTION OF LEGAL ADDED VALUE FOR ECONOMY BETWEEN KNOWLEDGE AND RISK

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Ioan I, GĂF-DEAC

2014-11-01

Full Text Available This paper deals with the management of welfare maximization problems about New Economy etween knowledge and risk. Integrative systemic perspectives are analyzed between knowledge economy and risk. Also describes the prerequisites for formalization utilitarian jurisprudence regarding integrative systems outlook for the economy between knowledge and risk. In this context, it is estimated that in management, economics and law may be formalized utilitarian jurisprudence. Freedom and efficiency of governance, distribution of rights and obligations regarding registration report completes the study of phase between freedom of cyber-space and legal normativity.

COMPETITIVE PRODUCT ADVANTAGES

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Adrian MICU

2006-01-01

Full Text Available Cost advantages may be either internal or external. Internal economics of scope, scale, or experience, and external economies of focus or logistical integration, enable a company to produce some products at a lower cost than the competition. The coordination of pricing with suppliers, although not actually economizing resources, can improve the efficiency of pricing by avoiding the incrementalization of a supplier's nonincremental fixed costs and profit. Any of these strategies can generate cost advantages that are, at least in the short run, sustainable. Even cost advantages that are not sustainable, however, can generate temporary savings that are often the key to building more sustainable cost or product advantages later.. Even when a product's physical attributes are not readily differentiable, opportunities to develop product advantages remain. The augmented product that customers buy is more than the particular product or service exchanged. It includes all sorts of ancillary services and intangible relationships that make buying thesame product from one company less difficult, less risky, or more pleasant than buying from a competitor. Superior augmentation of the same basic product can add substantial value in the eyes of consumers, leading them to pay willingly what are often considerable price premiums.

Competitive devaluations in currency wars: financial projections of neo-protectionism

Directory of Open Access Journals (Sweden)

Zoryana Lutsyshyn

2013-08-01

Full Text Available The article examines the nature of a currency war as signs of neoprotectionism in terms of global challenges the global monetary system which came in yet another transformation period has faced. We analyze a mechanism of performance of competitive devaluations as a tool for improving the competitiveness of national economies. It is given the author's interpretation of the financial instruments of neo-protectionism thorough a thorough study of the latter.

Plutonium economy

International Nuclear Information System (INIS)

Traube, K.

1984-01-01

The author expresses his opinion on the situation, describes the energy-economic setting, indicates the alternatives: fuel reprocessing or immediate long-term storage, and investigates the prospects for economic utilization of the breeder reactors. All the facts suggest that the breeder reactor will never be able to stand economic competition with light-water reactors. However, there is no way to prove the future. It is naive to think that every doubt could and must be removed before stopping the development of breeder reactors - and thus also the reprocessing of the fuel of light-water reactors. On the basis of the current state of knowledge an unbiased cost-benefit-analysis can only lead to the recommendation to stop construction immediately. But can 'experts', who for years or even decades have called for and supported the development of breeder reactors be expected to make an unbiased analysis. Klaus Traube strikes the balance of the state Germany's nuclear economy is in: although there is no chance of definitively abandoning that energy-political cul-de-sac, no new adventures must be embarked upon. Responsible handling of currently used nuclear technology means to give up breeder technology and waive plutonium economy. It is no supreme technology with the aid of which structural unemployment or any other economic problem could be solved. (orig.) [de

INNOVATIVE CLUSTER OR COMPETITIVENESS POLE?

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Liliana Scutaru

2015-02-01

Full Text Available The paper analyzes the situation of clusters in Romania and their areas of activity and innovation in entrepreneurship Romanian state. It is made also a territorial distribution of clusters on the eight regions. The findings lead to the conclusion that there are some clusters that have the vocation to become poles of competitiveness in areas such as renewable energy, automotive, electronics, health, biotechnology, mechatronics or ICT (Information and Communication Technology which represent the resources for future of the Romanian economy. Regarding the degree of innovation of Romanian Small and Medium Enterprises (SMEs, the level is relatively modest, 30.8% of all enterprises being innovative. If we were to answer the question the title suggests, we would say "yes" to both since the innovative cluster as well as the competitiveness pole promotes par excellence, innovation through study, research and stimulation of creativity. And this is more than enough to support economic growth of Romania and maintain the competitiveness worldwide.

A Comparative Analysis of the Use of Competitive Intelligence Tools in a Multinational Corporation

Science.gov (United States)

Breese-Vitelli, Jennifer

2011-01-01

With the growth of the global economy, organizations large and small are increasingly recognizing that competitive intelligence (CI) is essential to compete in industry. Competitive intelligence is used to gain an advantage in commerce and is useful for analyzing a company's strategic industry position. To remain current and profitable,…

KEY LINES TO IMPROVE COMPETITIVENESS OF SMALL INNOVATIVE BUSINESSES

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K. Yu. Reshetov

2015-01-01

Full Text Available The study discusses the importance of small innovative businesses in the modern global economy. The article also deals with the key lines to improve their competitiveness, and the author makes the conclusion how spread and promising the strategies are in Russia.

Trade liberalisation, competitiveness and the real exchange rate (RER: An analysis of developments in South Africa during the 1990s

Directory of Open Access Journals (Sweden)

L Rangasamy

2003-11-01

Full Text Available This paper tests whether tariff liberalisation has lead to increased competitiveness in the South African economy. The 46 sectors of the South African economy are classified as exportable, importable, importable and exportable and non-tradable. The impact of trade liberalisation on domestic prices for importables and exportables is then assessed by making use of real exchange rate calculations. It is concluded that while increased globalisation of production processes in South Africa may have improved the competitiveness of the tradable sector, tariff liberalisation played a minimal role in improving competitiveness in the manufacturing sector.

Finland as a Knowledge Economy 2.0: Lessons on Policies and Governance

DEFF Research Database (Denmark)

in the 1950’s into one of the leading innovation-driven, knowledge-based economies and high-tech producers in the twenty-first century. The development was rapid, and involved determined action and sometimes drastic decisions by the government and other key actors. Today, at the end of 2013, Finland is facing...... new types of challenges both domestically and internationally in efforts to maintain its societal sustainability and economic competitiveness. Finland Knowledge Economy 2.0 presents some of the key policies, elements, initiatives and decisions behind Finland’s path into the Knowledge Economy of today....... The authors hope to provide the readers inspiration, new ideas, and novel insights. Hopefully some of the lessons learned may prove valuable in another context. Based on this account of the development of Finnish Knowledge Economy, the authors have identified six areas of lessons, each described in detail...

The Formation of Competitive Advantages for Corporate Structures Based on the Cluster Integration

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Ekaterina Vasilyevna Pustynnikova

2017-06-01

Full Text Available The article studies the cluster forms of integration as well as the development of corporate and cluster connections. At present, economic knowledge is rather focused on the development of integrated regional systems recognized as one of the most effective forms of integration. In turn, the processes, based on the interdependence and cooperation of economic entities located on the same territory, determine the possibility of stable economic relations, synergetic effect and growth of the competitive advantages of these territories. Such development tendencies reflect corporate interests and define trends for the integration of corporations in the context of regional and industrial limitations. Thus, one of the main aspects of integration is focused on the establishment of sustainable cost-beneficial relationships between corporate entities. The dialectical unity of the coordination and cooperation of corporate structures in economic clusters expands the traditional boundaries of economic benefits. Considering the government of corporate structure on the basis of internal approach, we can see that the benefits from the fragmented leadership may be neutralized due to unevenness of expenses. The corporate-cluster approach of corporate structure government allows not only to coordinate actions at the micro-level but also to generate more sustainable economic relations at the industrial, market and regional levels. It is reflected in the synergistic effect. The coordination of economic processes and geographic concentration contribute to system flexibility and adaptability in the market conditions as well as stimulate economic processes. Therefore, all cluster participants benefit from mutually beneficial cooperation. This, in turn, contributes to the decrease of total expenses and hastens the responses of entities on different market changes. The authors’ hypothesis assumes the coordination of interests in the economic cluster that allows to create

Competitive intelligence in services organizations: a systematic literature review

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Danielle Faust Cruz

2015-02-01

Full Text Available It is growing the importance of services sector in the global economy. Facing a global and dynamic market, characterized by fierce competition, Competitive Intelligence - CI can help services organizations in decision making process and in the conception of competitive advantages against competitors. This paper aims to outline the state of art concerning the use of competitive intelligence in the services sector organizations, through research and analysis of articles found in major databases. This is a theoretical study consisting of a systematic literature review including bibliometric and content analysis. Relevant publications were retrieved in the following data bases related to the subject: Web of Knowledge, Scopus, Ebsco, ScienceDirect, and Engineering Village. The results allow considering the importance of competitive intelligence for survival and competitiveness of services organizations. Finally, it was verified the existence of a gap related to prescriptive studies, focusing on investigations about the subject, being this type of study relevant to the area to reach maturity

RENEWABLE ENERGY, A KEY TO INTEGRATING COMPETITIVE POLICIES WITH ADVANCED ENVIRONMENT PROTECTION STRATEGIES

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Cinade Lucian Ovidiu

2011-12-01

Full Text Available Development of competitive policies and improvement of environment protection strategies are two basic trends of the development of the European Unique Market. Energy, also known as 'industry bread', is basic product and strategic resource, where energy industry plays an obvious role in the economic and social development of any community. Traditional energy production is marred by three major drawbacks: it generates negative externalities by polluting; it is totally in the hands of the producers; hence, prices rise at their will, of fossil fuels such as oil and gas. Present study focuses on electric energy industry, yet bearing over the whole length of the chain producer-to-end-consumer, thus revealed as particularly complex. The question is do alternative energy sources meet the prerequisite of market being competitive meanwhile environment protection being highly observed. We identify limits in point, of the energy market; effects of market liberalization; entry barriers; interchangeability level of energy sources; active forces on the energy market. Competitive rivalry has been expressed as per market micro-economic analysis, based on Michael Porter's 5-forces model. It will thus be noticed that, morphologically, competition evolution depends firstly on the market type. For the time being, the consumer on the energy market stays captive, for various reasons such as: legislation; limits of energy transfer infrastructure; scarcity of resources; resources availability imbalance; no integrative strategy available, of renewable energy resources usage. Energy availability is vital for human society to function. Comparative advantages of renewable energy resources are twofold, as manifested: in terms of economics, i.e. improving competition by substitute products entered at the same time as new producers enter market; and in terms of ecology, by reducing CO2 emissions. As to energy production technology and transfer, the complementary nature will

The Geography of the Knowledge Economy in Denmark:

DEFF Research Database (Denmark)

Skytt, Christine Benna

2011-01-01

Knowledge, and its centrality in contemporary economic activities, has been the pivotal focus in academic literature in recent decades. It has been claimed that the contemporary stage of capitalism is one of a knowledge economy characterised by intensive globalisation processes and new...... communication technologies producing new international markets and enhanced competition among economic actors. In this context, it has been argued that the ability continuously to create, aggregate, use and re-use knowledge has become a matter of vital importance for economic development in firms, cities...... and regions. Consequently, debates about the knowledge economy have raised questions about how geography affects processes and practices of knowledge creation. Two main approaches have been particularly influential in economic geography: the first stresses geographical proximity between economic actors...

EU Travel and Tourism Industry - A Cluster Analysis of Impact and Competitiveness

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DANIEL BULIN

2014-05-01

Full Text Available The tourism industry has known a sustained growth in recent decades, this sector taking advantage of the capacity to generate added value regardless of the type of capital input. The impact of tourism on the economy is indisputable, but the efficiency and the competitiveness provide a sustainable development of this industry. The EU enlargement, geographical and numerical, provides both-a diversity of tourism destinations and an opportunity for growth, considering widening of single market. This paper aims to assess tourism in the European Union, considering the impact and value of the tourism multiplier effect in economy, respectively efficiency and competitiveness of tourism. This paper proposes a classification of EU countries based on cluster analysis, using K-means algorithm.

Solar emergy evaluation for Chinese economy

International Nuclear Information System (INIS)

Yang, Z.F.; Jiang, M.M.; Chen, B.; Zhou, J.B.; Chen, G.Q.; Li, S.C.

2010-01-01

A unified evaluation integrating various forms of energy sources and natural resources, products and services, and imports and exports is carried out systematically at the national scale for the booming Chinese economy 1978-2005, based on the ecological measure of solar emergy. The development of the economy is shown heavily dependent on the consumption of nonrenewable natural resources. Of the total resources use, the indigenous resources contribute the most, along with the increasing imports of nonrenewable resources. The development of the Chinese economy is characterized with the recovery stage during 1978-1981, transformation stage during 1981-1991, steady growth stage during 1991-2000, and accelerated increase stage after 2000, with specific distinctive systems indications.

The geography of the knowledge economy

DEFF Research Database (Denmark)

Hansen, Teis

Today, acquisition, creation and utilisation of knowledge are the key factors explaining economic development. Firms must constantly employ new knowledge and combine different types of knowledge in their activities to maintain competitiveness. This thesis examines the knowledge economy from two...... on collaboration motives, it is particularly important in collaboration projects at the core of innovation processes, where the objective is to access technologies, obtain knowledge or reduce the innovation time-span. The main conclusion of the thesis’ second part is that low- and medium low-tech industries...

An integrated energy policy for Korea

International Nuclear Information System (INIS)

Kim, Tai-Yoo; Kim, Seung-Rae

1993-01-01

Economic theory defines a market failure when competitive markets cannot reach an equilibrium maximizing social welfare. One of its most typical examples has proved to be the energy market. Exhaustible energy resources provide the limits to economic growth, at least in the short term. Thus an energy policy for energy importing countries like Korea has been focused on minimizing the negative influences of external energy price shocks to the domestic economy. This study suggests one of the possible directions for an integrated energy policy which seeks to present a flow of policy rules which lead government policy to attain equilibrium, maximizing the national economic benefits by offsetting the market failure

Self-organizing path integration using a linked continuous attractor and competitive network: path integration of head direction.

Science.gov (United States)

Stringer, Simon M; Rolls, Edmund T

2006-12-01

A key issue is how networks in the brain learn to perform path integration, that is update a represented position using a velocity signal. Using head direction cells as an example, we show that a competitive network could self-organize to learn to respond to combinations of head direction and angular head rotation velocity. These combination cells can then be used to drive a continuous attractor network to the next head direction based on the incoming rotation signal. An associative synaptic modification rule with a short term memory trace enables preceding combination cell activity during training to be associated with the next position in the continuous attractor network. The network accounts for the presence of neurons found in the brain that respond to combinations of head direction and angular head rotation velocity. Analogous networks in the hippocampal system could self-organize to perform path integration of place and spatial view representations.

Market-opening rules and potentialities of destabilization of hierarchical power industries in an open economy: institutional scenarios on the French power industry

International Nuclear Information System (INIS)

Finon, D.

1999-08-01

The purpose of the paper is to analyse the reform of the French power industry, the extreme integration of the industrial organisation of which is deeply rooted in the French institutional particularisms. After the presentation of the main features of the 1999 reform, different elements of instability of the new structure are pointed out: the over-dominant position of the incumbent company which dissuades entries, institutional isomorphism between economies integrated to a regional space (heterogeneity of structures between European Community countries generates problems of reciprocity and fairness), and the end of the traditional capture of the regulator by the incumbent company because of the autonomy of the function of regulation. Two institutional scenarios are defined, which give a different weight to two competition paradigms in conflicts: the traditional ''industrial economics'' which inclines to preserve hierarchy in the national area to gain competitive advantages in the European field, and the neo-classical paradigm. In the first one, in the name of strategic efficiency, the integration of the industrial organisation could be preserved in spite of the asymmetry of structures between countries, and the playing field is the continental Europe on which national champions compete. In the second one the French industrial organisation has to conform to the competitive model, with vertical and horizontal disintegration and creation of a power exchange market. This scenario necessitates to test the force of the institutional determinism of the nuclear legacy. (author)

Strategies for Revitalizing Organizations: Regaining the Competitive Edge

Science.gov (United States)

Nysmith, C. Robert

1987-01-01

During the last decade, the United States has lost competitive stature in the world. Challenged daily by a technically sophisticated and vitalized global economy, industry and Government are examining quality and productivity initiatives with which to meet the foreign competitive challenge. At stake are our quality of life and our standard of living for the remainder of this century and beyond. Being competitive is an ongoing process, tuned to an awareness and understanding of the dynamics of the world marketplace and to the changing nature of the work environment. Solutions to America's quality and productivity problems do not exist independently within any organization or industry or at any given level of society. Success depends on commitment, partnership, meshing of goals and responsibilities, mutual respect and understanding, and a desire to be first. A change in organizational management culture is required. Traditional authoritarian management practices must give way to enlightened leadership initiatives that stress employee involvement and participation. There must be a lessening of adversarial relationships between management and labor and between industry and Government. Quality and productivity are understood to be the end result of an integrated process which begins with vigorous, committed leadership and ends with a satisfied customer. The essential elements in the revitalization process are organized in this report into seven strategies which represent the major findings of the Second NASA Symposium on Quality and Productivity. Each strategy is then broken down into its principal themes which are presented as recommendations. No one strategy can stand apart from any other; all are interrelated and work together.

Interconnected firms’ relationships as a source of a competitive advantage

OpenAIRE

Iga Rudawska

2010-01-01

The mainstream economy poses the opinion that a competitive advantage lies in resources, and, consequently - in competences as well - being a share of a single company and remaining under its sole control. Recently, some researchers (e.g. Castaldo, 2007; Lavie, 2006) have revised that approach and tend to emphasise the role of other sources of competitive advantage in business strategy, which embrace new, intangible assets. Such assets are being born and developed only within the inter-firm r...

Research on the Core Competitive Power Elements Evaluation System of Green Hotel

Directory of Open Access Journals (Sweden)

Hui Liang

2013-12-01

Full Text Available Green hotel is a new type of hospitality industry development model based on the concept of circular economy and sustainable development. This paper makes an analysis and evaluation of the elements of green hotel core competence, on this basis, constructs the Green Hotel core competitive evaluation index system.The construction of the system is conducive to understand the green hotel’s own competitive advantage objectively, and explore ways to enhance its core competitiveness, providing objective basis for sustainable development of China's Hotel industry.

Financial Intermediation, Competition, and Risk : A General Equilibrium Exposition

NARCIS (Netherlands)

Di Nicolo, G.; Lucchetta, M.

2010-01-01

We study a simple general equilibrium model in which investment in a risky technology is subject to moral hazard and banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank capital ratios, more efficient production plans and

Strategic directions of social management of the Voronezh region economy

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A. A. Galkin

2018-01-01

Full Text Available Over the past decades, Russian society has changed significantly. A virtual information and financial space is being formed, where there are no customary boundaries of territories. Social communication begins to develop in new forms, knowledge is exchanged and social consciousness is manipulated. To develop the economy, the most acute social need is its focus on social landmarks. An urgent need is the creation of mechanisms: the approval of uniform, equitable, social bases of legality in all regions of the Russian Federation; maintenance of civil peace; intellectual self–reproduction of the nation, through the appropriate system of education, education, health; reduction of income differentiation; self–realization of man. The ongoing social tolerance is not an expression of the slavish or heroic traits of the nature of Russian citizens, but rather the manifestation of expectations from the political process of what the immature market economy was not capable of accomplishing. Potential factors of the region's strategic development or its competitive advantages are highlighted in the paper. Five strategic directions of social management of the region's economy are grounded: the first is the creation and maintenance of a healthy atmosphere for sustainable development of the region; the second – stimulation of the aggregate consumer demand of the Voronezh region; the third is the democratization of capital; the fourth – the social orientation in agriculture; the fifth – the adjustment of the environmental policy of the region. For each direction, the distribution approaches are highlighted. So, the first direction involves: increasing the social responsibility of entrepreneurs, the entire population, executive and legislative authorities to society. The second is based on the skilful expansion of the intervention of regional and municipal authorities in the economy. The third should involve considerable investments in the regional economy

Economic Competitiveness and the Human-Capital Investment Gap.

Science.gov (United States)

Faux, Jeff

Educational performance has become a crucial element in the United States' capacity to prosper in a new global economy of fierce competition. In addition to the traditional question of how the educational system contributes to students' intellectual growth, a new question is being asked: How does the educational system contribute to national…

Keeping Competitive: Hiring, Training, and Retaining Qualified Workers.

Science.gov (United States)

Cheney, Scott

The Center for Workforce Preparation (CWP), a nonprofit affiliate of the U.S. Chamber of Commerce, initiated the Workforce Academies demonstration project to help businesses remain successful in a competitive, tight economy. More than 1,800 business members of the 6 chambers engaged with the Workforce Academies demonstration in 2001 were surveyed…

Enterprise interoperability: information, services and processes for the interoperable economy and society

NARCIS (Netherlands)

Folmer, Erwin Johan Albert; van Sinderen, Marten J.; Oude Luttighuis, Paul

2014-01-01

Networked business models are becoming an indisputable reality in today’s economy, and a recent Capgemini study concludes that companies need to "significantly increase their degree of collaboration as well as their networking capability" in order to be competitive and successful in the future.

TAX COMPONENT OF FISCAL POLICY OF INCREASE COMPETITIVENESS OF NATIONAL ECONOMICS

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A. Danilov

2013-08-01

Full Text Available The article is devoted to the problems of using fiscal levers to regulate the national economy competitiveness. What kind of tax levers should be used in order to increase the competitiveness of the national economy is justified. Taxes are the main source of fiscal revenue of the country, which depends on the inherent principles of optimizing the tax system, determined Ukraine's withdrawal from the crisis and raising the country's competitiveness. It is proposed differentiation in income tax rates, depending on whether the company is engaged in innovation and investment activity or not. Changing the rate of value added tax in a downward will reduce the revenue of the country. For enterprises that are not exporting products to decrease the amount of working capital for a certain period Fiscal policy that promotes the removal of the country's financial and economic crisis and the increasing competitiveness of the state, should be challenging. In order to implement incentive effects of taxes set forth in the tax code, we propose a linear programming model of the budget (revenue and expenditure . Building the economic and mathematical optimization model with possible actions challenging the tax factors of individual taxes and the possibilities of using the proceeds of certain taxes on certain items of expenditure budget.

CSR and technology companies: A study on its implementation, integration and effects on the competitiveness of companies

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Juan Andres Bernal-Conesa

2016-11-01

Full Text Available Purpose: In this paper, a structural equation model is presented in order to explain the motivations of implementing Corporate Social Responsibility (CSR in Spanish technology companies and its linkage with others standardized management systems before CSR implementation. It also examines whether CSR influences the competitiveness of these companies. Design/methodology/approach: The study was conducted in companies located in Spanish Science and Technology Parks. For this study, a survey was sent and structural equation model was used. Findings and Originality/value: Model results show that there is a positive, direct and statistically significant relationship between the motivations, previous management systems, implementation of CSR and the real integration of CSR in the organization. Research limitations/implications: Limitations are determined by the technique used for the proposed model: structural equations, which assume linearity of the relationship between latent variables. Practical implications: Companies can use the results of this study as a foothold to enhance the integration of CSR based on previous management systems and take advantage of synergies between them, since the integration of CSR has a direct relationship with the competitiveness of the company. Originality/value: The link between the motivations of CSR, CSR actions and their integration in technology companies are reliably and empirically demonstrated.

Influence of peculiarities of transition economy on real estate market

OpenAIRE

Venclauskienė, Deimantė; Snieška, Vytautas

2010-01-01

Global integration processes highlight relevance and weight of real estate market in determining economic cycle processes in different countries. Real estate market processes in countries with transition economy differ from real estate market processes in countries with developed economy in their peculiarities, possible reactions of market participators to economic shocks and consequences to country‘s economy. Common problems with property privatization, formation of legal and financial syste...

The Economic Integration Of The EU13 Regions Into EU Economy During The 2004–2013 Period

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Kabát Libor

2015-05-01

Full Text Available The aim of this paper is to study and to highlight the applicative and interpretive limits of the GDP per capita indicators, when regional economics of the new member countries (EU13, particularly the process of integration of their regions into EU economy is examined in terms of the beta and sigma convergence. The growth of gross domestic product has long been pursued as the main objective of the economic activities of countries and regions. Its growth is seen as almost a guarantee of the proper functioning of the economy. The governments of individual countries, in the event of a decline in GDP, take measures for its recovery. Small attention, however, is given to the fact, whether such an economic development copes with the parameters of sustainable economic growth. Also, little attention is paid to the study of how the previous growth is reflected in the standard of living of the population and households in respective countries and regions.

The political economy of energy use and pollution: the environmental effects of East-European transition to market economy

Energy Technology Data Exchange (ETDEWEB)

Midttun, A.; Chander, I. [Norwegian School of Management, Sandvicka (Norway)

1998-11-01

The transition of Eastern Europe to Western-type liberal capitalism has been interpreted as an important step towards a more ecologically sustainable Europe. The main argument has been that the energy efficiency of the West-European economy will be imported to Eastern Europe and lead to lower energy consumption and lower pollution. This line of argumentation seems sound as far as the industrial sector is concerned. However, it does not take into consideration the energy and pollution bill of the lavish lifestyle of modern consumer-oriented societies. A shift away from the moderate private consumption of East-European Communism, towards the Western consumerist lifestyle may diminish or even abolish the positive ecological effects of the East-European transition to a competitive market economy. The article explores energy consumption and pollution patterns of Eastern and Western Europe both as far as industrial and domestic end-user consumption is concerned. The article argues that these patterns are related to basic characteristics of the communist and capitalist systems and that pollution and energy use are fundamentally conditioned by the overall political economy. 18 refs., 14 figs., 1 tab., 1 app.

Decarbonizing the Global Economy - An Integrated Assessment of Low Carbon Emission Scenarios proposed in Climate Policy

Science.gov (United States)

Hokamp, Sascha; Khabbazan, Mohammad Mohammadi

2017-04-01

In 2015, the Conference of the Parties (COP 21) reaffirmed to targeting the global mean temperature rise below 2 °C in 2100 while finding no consent on decarbonizing the global economy, and instead, the final agreement called for enhanced scientific investigation of low carbon emission scenarios (UNFCC, 2015). In addition, the Climate Action Network International (CAN) proposes Special Reports to address decarbonization and low carbon development including 1.5 °C scenarios (IPCC, 2016). In response to these developments, we investigate whether the carbon emission cuts, in accordance with the recent climate policy proposals, may reach the climate target. To tackle this research question, we employ the coupled climate-energy-economy integrated assessment Model of INvestment and endogenous technological Development (MIND, cf. Edenhofer et al., 2005, Neubersch et al. 2014). Extending MIND's climate module to the two-box version used in the Dynamic Integrated model of Climate and the Economy (DICE, cf. Nordhaus and Sztorc, 2013, Nordhaus 2014), we perform a cost-effectiveness analysis with constraints on anthropogenic carbon emissions. We show that a climate policy scenario with early decarbonization complies with the 2° C climate target, even without Carbon Capturing and Storage (CCS) or negative emissions (see van Vuuren et al., 2013, for negative emissions). However, using emission inertia of 3.7 percent annually, reflecting the inflexibility on transforming the energy sector, we find a climate policy with moderately low emissions from 2100 onwards at a cost in terms of Balanced Growth Equivalents (BGE, cf. Anthoff and Tol, 2009) of 0.764 % that requires an early (2035 vs. 2120) peak of investments in renewable energy production compared to a business-as-usual scenario. Hence, decarbonizing the global economy and achieving the 2 °C target might still be possible before 2100, but the window of opportunity is beginning to close. References: Anthoff, D., and Tol, R

ENVIRONMENTAL ASPECTS OF "GREEN ECONOMY" RUSSIA'S ECONOMIC GROWTH

Directory of Open Access Journals (Sweden)

R. N. Botavina

2016-01-01

Full Text Available The article tells the story of the emergence of "green" economy, as opposed to the traditional "brown" ekonomike, given its concept shown shortcomings of the existing definitions of "green" economy, conclusions about the real possibilities of the transition to the growth of "green" economy. The relevance of this work lies in the fact that the changing paradigm of understanding the basis and essence of sustainable development of the national socio-economic systems necessitates the integration of economic and environmental solutions, this integration is seen as part of the concept of "green economy".The approach of this article is based on an interdisciplinary concept of quality management in relation to the specifics of functioning and development of the domestic socio-economic systems.The purpose / goal. The purpose of this article, and its main task is to systematize the areas of environmentally oriented development of economic entities, as well as the determination of the list of key provisions of environmental policy, which will provide further socio-economic development of Russia in line with the green economy. As a result, Russia as one of the great powers of the world will find a stable geopolitical situation.Methodology. The methodological basis of this article are comparative, economic and statistical analysis methods.Results. This article suggests some solutions to be included in the national environmental policy as a major incentive for the further transition to a green economy.Conclusions: The material contained in this article show the special role of the concept of "green economy" in the social and economic processes in the development of Russia's geo-economic stability. The above article aspects of the further development of the green economy in Russia can complement scientific and practical base solutions that provide active creation, implementation and use of green technologies to provide environmentally responsible sustainable

Lifelong Learning and the New Economy: Limitations of a Market Model

Science.gov (United States)

Cruikshank, Jane

2008-01-01

What kind of workplace has the so-called "new economy" created? What problems are Canadian workers experiencing? How effective are Canada's lifelong learning policies that focus on high skills development for global competitiveness? These questions were explored as part of a three year research program. During the 2003-2004 academic…

Green gold. 15 tax proposals for a green and innovative economy

International Nuclear Information System (INIS)

Van Engelen, D.; Wit, R.; Blaauw, K.; Winckers, J.

2010-06-01

This publication contains 15 proposals for green taxes in the Dutch economy. The benefit of these 15 proposals is over 11 billion euros per year and leads to a reduction of CO2 emissions of at least 12.5 megatons per year. Greening taxes involves a budget neutral shift from taxing labor and profits to taxing environmental pollution and the depletion of natural resources. The proposals reward businesses and citizens which invest in the development and application of innovative green solutions. This leads to an improvement of climate, environment and nature as well as the competitiveness of the Dutch economy. [nl

THE EFFECT OF COMPETITIVE ADVANTAGE AND HUMAN ADVANTAGE ON INDUSTRIAL COMPETITIVE STRATEGY (Case Study: SMIs in Gorontalo Province

Directory of Open Access Journals (Sweden)

Trifandi Lasalewo

2016-09-01

Full Text Available Small and Medium Industries (SMIs have a strategic role in the Indonesian economy, as they earn 61.9 percent of the foreign exchange which goes to make up the nation’s Gross Domestic Product, and nationally they are able to absorb 97 percent of the workforce. The Global Competitiveness Report also notes that SMIs serve as the business units that affect every nation’s competitiveness. Considering this strategic role, the selection of a competitive strategy for these SMIs is absolutely necessary. Through an in-depth literature review, this study aims to explore what variables influence the competitive strategy of industries, particularly the SMIs. By using a Systematic Literature Review (SLR with a total of 31 main literature (articles, papers and books, this study has found two dominant factors that influence industrial competitive strategy: Competitive advantage and human advantage, which are subsequently developed into six independent variables (construct variables, i.e. cost, delivery, product quality, product variety, know-how and innovativeness, with a total of 44 indicators. The results of measurements of the sample of SMIs in Gorontalo Province, using Structural Equation Modeling, found that both competitive advantage and human advantage jointly influence 40.2 percent of the industrial competitive strategies. These results indicate that competitive strategies, such as creating products with unique features, on-time delivery, flexibility in production, and employee involvement in the innovations, are indispensable to SMIs in order for them to produce quality products and be able to maintain their advantage.

Tourism Competitiveness Index – An Empirical Analysis Romania vs. Bulgaria

Directory of Open Access Journals (Sweden)

Mihai CROITORU

2011-09-01

Full Text Available In the conditions of the current economic downturn, many specialists consider tourism as one of the sectors with the greatest potential to provide worldwide economic growth and development. A growing tourism sector can contribute effectively to employment, increase national income, and can also make a decisive mark on the balance of payments. Thus, tourism can be an important driving force for growth and prosperity, especially in emerging economies, being a key element in reducing poverty and regional disparities. Despite its contribution to economic growth, tourism sector development can be undermined by a series of economic and legislative barriers that can affect the competitiveness of this sector. In this context, the World Economic Forum proposes, via the Tourism Competitiveness Index (TCI, in addition to a methodology to identify key factors that contribute to increasing tourism competitiveness, tools for analysis and evaluation of these factors. In this context, this paper aims to analyze the underlying determinants of TCI from the perspective of two directly competing states, Romania and Bulgaria in order to highlight the effects of communication on the competitiveness of the tourism sector. The purpose of this analysis is to provide some answers, especially in terms of communication strategies, which may explain the completely different performances of the two national economies in the tourism sector.

Book Review: Airport Competition: The European Experience

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Garry Gumelar Pratama

2017-08-01

Full Text Available The competitive business environment in aviation industry has changed since European Integration. Not only airlines become more competitive after s­uch integration, but also other main infrastructure of aviation, airports. At the first stage of regional development, competition in airport industry seems to be impossible since all countries in a region still have clear jurisdictional boundaries. The other side of the coin is that airport competition becomes an important issue in a more integrated region, such as European Union (EU. This occurs because an airport owner from another country can buy other airports outside its state jurisdiction, under the same region. Articles in this book prove the claim of the existence of airport competition. Under the introductory part, the editors outlined three cases from EU: UK Civil Aviation Authority action to Heathrow Airport in 2008, Blocked Takeover of Bratislava Airport 2006 and European Commission Prohibition on Subsidies to Ryanair by Brussels South Charleroi Airport 2004. All of the cases are inevitable proofs that airport competition undoubtedly exists in Europe.

Intergenerational welfare effects of a tariff under monopolistic competition

NARCIS (Netherlands)

Bettendorf, LJH; Heijdra, BJ

2001-01-01

A dynamic overlapping-generations model of a semi-small open economy with monopolistic competition in the goods market is constructed. A tariff increase reduces real output and employment and improves the terms of trade, both in the impact period and in the new steady state. The tariff shock has

Intergenerational welfare effects of a tariff under monopolistic competition

NARCIS (Netherlands)

L.J.H. Bettendorf (Leon); B.J. Heijdra (Ben)

2003-01-01

textabstractA dynamic overlapping-generations model of a semi-small open economy with monopolistic competition in the goods market is constructed. A tariff increase reduces real output and employment and improves the terms of trade, both in the impact period and in the new steady state. The tariff

Can market forces and competition supplant regulation?

International Nuclear Information System (INIS)

Graham, D.

1998-01-01

The challenges facing regulators and governments as utilities and pipelines transform from regulated monopolies into competitive businesses were discussed. In the past, the absence of competition required that utility and pipeline companies be regulated by governments to ensure fair pricing and good performance. The question of whether or not competition can entirely replace regulation was examined. Although the focus was on the natural gas industry, the regulatory trends in other industries were also briefly considered. In 1985, the federal government agreed to allow the commodity price of natural gas to fluctuate in response to market forces. This began the process of deregulation in the Canadian natural gas industry. Direct purchasing introduced competition and ended the monopolies of local distribution companies in purchasing gas. The main benefits of the competitive market structure were that consumers could choose products and services from a range of competing companies at competitive prices. This was critical to the success of the Canadian economy since Canada is the third largest exporter of energy and the eighth largest consumer of energy. It was suggested that even in a competitive market abuse of market power is possible, therefore, there is an important role for government in ensuring the existence of a level playing field. A variety of issues involved in an effective transition to a competitive market were also discussed. 2 figs

The competitiveness versus the wealth of a country.

Science.gov (United States)

Podobnik, Boris; Horvatić, Davor; Kenett, Dror Y; Stanley, H Eugene

2012-01-01

Politicians world-wide frequently promise a better life for their citizens. We find that the probability that a country will increase its per capita GDP (gdp) rank within a decade follows an exponential distribution with decay constant λ = 0.12. We use the Corruption Perceptions Index (CPI) and the Global Competitiveness Index (GCI) and find that the distribution of change in CPI (GCI) rank follows exponential functions with approximately the same exponent as λ, suggesting that the dynamics of gdp, CPI, and GCI may share the same origin. Using the GCI, we develop a new measure, which we call relative competitiveness, to evaluate an economy's competitiveness relative to its gdp. For all European and EU countries during the 2008-2011 economic downturn we find that the drop in gdp in more competitve countries relative to gdp was substantially smaller than in relatively less competitive countries, which is valuable information for policymakers.

The competitiveness versus the wealth of a country

Science.gov (United States)

Podobnik, Boris; Horvatić, Davor; Kenett, Dror Y.; Stanley, H. Eugene

2012-09-01

Politicians world-wide frequently promise a better life for their citizens. We find that the probability that a country will increase its per capita GDP (gdp) rank within a decade follows an exponential distribution with decay constant λ = 0.12. We use the Corruption Perceptions Index (CPI) and the Global Competitiveness Index (GCI) and find that the distribution of change in CPI (GCI) rank follows exponential functions with approximately the same exponent as λ, suggesting that the dynamics of gdp, CPI, and GCI may share the same origin. Using the GCI, we develop a new measure, which we call relative competitiveness, to evaluate an economy's competitiveness relative to its gdp. For all European and EU countries during the 2008-2011 economic downturn we find that the drop in gdp in more competitve countries relative to gdp was substantially smaller than in relatively less competitive countries, which is valuable information for policymakers.

Marketing innovations as source of enterprise's competitive advantage

Directory of Open Access Journals (Sweden)

Stanković Ljiljana

2014-01-01

Full Text Available Enterprise's competitiveness and strategic position are influenced by numerous factors. Market factors represent significant group that cause the need for developing new business models and implementing strategic shifts in business orientations of enterprises. Development of innovations and marketing capabilities are critical factors of modern enterprises' success. Theory and practice show that both innovations in marketing and marketing of innovations contribute to improving competitiveness on all levels, and also more efficient use of limited resources. This paper is structured as follows: first the competitiveness of Serbian economy is analyzed, then role of market orientation and open innovation models are explained as well as their importance for improving competitiveness. At the end, based on results of researching theory and practice of enterprises in Serbia, authors present identified relation of business performance, innovativeness and market orientation, followed by conclusions and directions for further research.

Key directions of the Russian economy innovative development with the innovative activity practice of the integrated corporate structures

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F. I. Shamhalov

2016-01-01

Full Text Available The article deals with the problems and the key directions of The article deals with the problems and key directions of innovative development of the Russian industry in connection with the need to reduce the dependence of the national economy on the situation on world commodity markets, as well as to create the conditions and incentives for the introduction and modern technologies development, improving energy and environmental efficiency of the economy and productivity for the development of economic sectors and industries, producing goods with high added value for the implementation of innovative projects and in general - to upgrade the socio-economic system of the country.The following statement is given: the development of innovative high-tech and knowledge-intensive industries must ensure import substitution products at the first stage, primarily in the militaryindustrial complex, and in the future - export-oriented competitive product.The article analyzes the experience of innovative activity of the integrated corporate structures with the participation of the state in the following areas: the integration of the industrial and financial capital; the concentration of capital (through the merger and acquisition of enterprises, strategic alliances; diversification of forms and fields of activity; globalization of activities (creation of subsidiaries in the most attractive countries and working on promising markets; capital internationalization (through the creation of transnational companies.On the basis of generalization of global corporate management experience in the state corporations the article analyzes key conditions and factors that determine the efficiency of the state-owned companies as a whole: a clear statement of goals and objectives of the state as the owner, whose interests go beyond the usual business purposes; fixing of these goals and objectives in the regulations, in the concepts and programs of long-term socioeconomic

Recent progress in competitive intelligence, competitive technical intelligence and knowledge management

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Dou Henri

2011-04-01

Full Text Available This paper discusses the role of competitive intelligence and knowledge management to create, maintain and sustain competitive advantages. The triple helix model, based on the integration of the public sector (government, business models (private corporations and universities to promote innovation is examined. Research trends in competitive intelligence are presented. It concludes that the systematic use of the technology monitoring should support the comparison between various business models of companies that hold the market best practices and form a basis to knowledge for the decision making process and strategies development.

The future direction of electricity reform in APEC economies

International Nuclear Information System (INIS)

Pritchard, Robert

2005-01-01

A 2003 study of Electricity Supply Industry (ESI) reform experience in the 21 Asia-Pacific Economic Cooperation (APEC) economies emphasised that the overriding principle of ESI reform must be to maintain the security and stability of the entire power system. This is what differentiates ESI reform from reform of other industries. For all economies, particularly developing economies, attracting private investment in the ESI is a vital ongoing need. However, since the mid-1990s, private investors have become more risk-averse. Today, it is less safe for governments to assume that their 'reformed' electricity sectors will attract the requisite level of private investment. The APEC study found that competitive electricity markets are unsuited to developing economies in the early stages of reform. However, enterprise level reforms can produce major gains by commercialising and corporatising electricity utilities and by providing them with economic incentives to operate to high technical and commercial standards. The APEC study also emphasised that governments must remain responsible for the outcomes of ESI reform irrespective of any changes in industry structure and ownership. This is a fundamental responsibility which cannot be left to a regulator. (Author)

ROMANIAN TEXTILE INDUSTRY AND ITS COMPETITIVE ADVANTAGE

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Cristiana Ioana ŞERBĂNEL

2014-06-01

Full Text Available Globalization has set up a new era of international trade flows and implicitly international competition. This is best understood by analyzing the rise and fall within certain industries. The Global Value Chains (GVC framework has emerged from its theoretical origins to become a major paradigm used by several international organizations. A detailed scrutiny of GVC highlightsthe manner in which new patterns of production, international trade and employment shape prospects for development and competitiveness.The purpose of the article is to address the important role of the textile sector in national economy development. Firstly, the paper addresses the presentation of textile industry at global, European and national level. Then, it presents a competitiveness sectorial approach and the analysis of innovation in textile industry.Finally, it is presented the value chain for the textile industry in Romania.

THE MANIFESTATION OF THE ABUSE OF DOMINANT POSITION IN THE CURRENT ROMANIAN ECONOMY

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MELINDA CENUŞE

2011-01-01

Full Text Available The abuse use of a dominant position constitutes an important form of manifestation of anti-competitive practices. Almost all competition laws have some provisions on the abuse of dominant position. Most European laws, including the one of the European Union, contain an express provision prohibiting the abuse of dominant position. However, they rarely include a definition of what constitutes abuse of dominant position, but most of them pass in review examples of behaviors that may be considered illegal. In countries with a developed market economy, the legal provisions regarding abuse of dominant position were not so important and so widely used as the provisioning governing mergers and the cartel behavior. The explanation is that in a developed economy, the markets are larger, firms are more numerous, and the entry on the market is relatively easy. As a result, there are few markets where a firm with a dominant position can exercise its market influence for longer periods without new entries being attracted. For this study we decided to present the most famous cases involving the abuse of dominant position registered on Romanian market of mobile phones in 2011 and sanctioned by the Romanian Competition Council.

Circular economy and waste to energy

Science.gov (United States)

Rada, E. C.; Ragazzi, M.; Torretta, V.; Castagna, G.; Adami, L.; Cioca, L. I.

2018-05-01

Waste management in European Union has long being regulated by the 4Rs principle, i.e. reduction, reuse, recycling, recovery, with landfill disposal as the last option. This vision recently led the European Union (especially since 2015) to the introduction of virtuous goals based on the rejection of linear economy in favour of circular economy strongly founded on materials recovery. In this scenario, landfill disposal option will disappear, while energy recovery may appear controversial when not applied to biogas production from anaerobic digestion. The present work aims to analyse the effects that circular economy principles introduced in the European Union context will have on the thermochemical waste treatment plants design. Results demonstrate that indirect combustion (gasification + combustion) along with integrated vitrification of the non-combustible fraction of treated waste will have a more relevant role in the field of waste treatment than in the past, thanks to the compliance of this option with the principles of circular economy.

Quality health care in the European Union thanks to competition law.

Science.gov (United States)

Fornaciari, Diego

2010-01-01

There are many biases concerning the application of competition law in health care. Quality concerns can however be integrated into competition law analysis. The aim of this paper is to identify the links between the application of competition law in the European Union and the right to quality health care and to point out the problems that arise when integrating quality concerns in competition law analysis. Guidelines must be issued and competition authorities must work together with institutions that have expertise in the field of health care quality measurement in order to integrate these dimensions in competition practice.

Quality Health Care in the European Union Thanks to Competition Law

Science.gov (United States)

Fornaciari, Diego

2010-01-01

There are many biases concerning the application of competition law in health care. Quality concerns can however be integrated into competition law analysis. The aim of this paper is to identify the links between the application of competition law in the European Union and the right to quality health care and to point out the problems that arise when integrating quality concerns in competition law analysis. Guidelines must be issued and competition authorities must work together with institutions that have expertise in the field of health care quality measurement in order to integrate these dimensions in competition practice. PMID:20195428

Formal-informal economy linkages: What implications for poverty in ...

African Journals Online (AJOL)

The findings have implications for poverty analysis in South Africa. Policy which views poverty as being located outside the mainstream of the economy – in the so-called 'second' economy – is misleading. Instead, an integrated approach which views poverty as linked to and a product of the trajectory and growth patterns of ...

COMPETITIVENESS OF THE INDONESIAN CONSTRUCTION INDUSTRY

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Agung Budiwibowo

2009-06-01

Full Text Available Indonesia’s construction industry is important to the national economy. However, its competitiveness is considered low due to the lack of success of its development strategy and policy. A new approach known as the cluster approach is being used to make strategy and policy in order to develop a stronger more competitive industry . This paper discusses the layout of the Indonesian construction cluster and its competitiveness. The archival analysis research approach was used to identify the construction cluster. The analysis was based on the I/O tables of the years 1995 and 2000, which were published by the Indonesian Central Bureau of Statistics. The results suggest that the Indonesian construction cluster consists of the industries directly involved in construction as the core, with the other related and supporting industries as the balance. The anatomy of the Indonesian construction cluster permits structural changes to happen within it. These changes depend on policies that regulate the cluster’s constituents.

ORIENTATION OF ENTERPRISES TOWARD OBTAINING COMPETITIVE

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PAUL BOGDAN ZAMFIR

2015-10-01

Full Text Available In this paper I proposed to emphasize the importance of obtaining competitive advantage by companies on EU internal market. The huge EU market, offers for participating companies the possibility to achieve significant economies of scale and numerous niches (segments market, which can be covered with large quantities of goods, the condition is that niches to be discovered in time, and the firms to be able to adapt promptly at their needs. Thus, the most important positive effect derives from the fact that companies have at their disposal a vast market consisting approximately 500 million consumers, free of customs duties and other restrictions inhindering the movement of goods. On this background, the companies can achieve high series production and thereby can reduce their cost of production and increase their competitiveness. In this context, the companies must meet the standards of the European Union, if they really want to gain competitive advantage on EU market.

Outsourcing induced by strategic competition

OpenAIRE

Chen, Yutian; Dubey, Pradeep; Sen, Debapriya

2009-01-01

We show that intermediate goods can be sourced to firms on the "outside" (that do not compete in the final product market), even when there are no economies of scale or cost advantages for these firms. What drives the phenomenon is that "inside" firms, by accepting such orders, incur the disadvantage of becoming Stackelberg followers in the ensuing competition to sell the final product. Thus they have incentive to quote high provider prices to ward off future competitors, driving the latter t...

INNOVATION POTENTIAL: IMPACT ON THE NATIONAL ECONOMY’S COMPETITIVENESS OF THE EU DEVELOPED COUNTRIES

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Iryna Lomachynska

2018-01-01

Full Text Available The success of the economy of each country is determined by its innovation development. The purpose of the paper is to investigate the essence of innovation potential and its role in providing the national economy’s competitiveness under the conditions of technological changes on the example of the European Union developed countries. The subject of research is the innovation potential of Austria and Germany. Methodology. The study is based on a comparative analysis of approaches to determination and evaluation of innovation potential in specialized economic literature. Analysis and synthesis and the system approach were used to outline the entity of innovation potential, to explore and structure its elements in the context of providing the national economy’s competitiveness. The quality and quantity analysis were used to discover general characteristics of the EU countries’ innovation development, special aspects of the national innovation systems of Austria and Germany, the role of innovation potential in the national economies competitiveness of these countries. The method of mathematical modelling in economics, in particular, regression analysis based on annual data for the period from 1995 to 2015, was applied to assess the impact of innovation potential on the Austria and Germany competitiveness. The absolute value of GDP and the share of export of goods and services in GDP are used as a dependent variable. Elements that characterize the country’s innovation potential were used as independent variables: the share of researchers in R&D of total population, the share of labour force with advanced education of total working-age population with advanced education, expenditure on tertiary education as a percentage of GDP, R&D expenditure as a percentage of GDP, patent applications as a percentage of total population. Results of the survey of theoretical works showed that the most multifaceted and comprehensive approach to determining the

Public transportation and the nation's economy : a quantitative analysis of public transportation's economic impact

Science.gov (United States)

1999-10-01

The relationship between the strength and competitiveness of the nation's economy and the extent, condition and performance of the nation's transportation system is a topic of critical interest. There is mounting evidence that we, as a nation, are se...

Asset prices and rents in a GE model with imperfect competition

OpenAIRE

Pierre Lafourcade

2003-01-01

This paper analyses the general equilibrium effects on asset valuation and capital accumulation of an exogenous drop in the rate of return required by investors in a model of production with imperfectly competitive product markets. The model improves substantially on the standard perfectly competitive neo-classical framework, by dissociating the behavior of marginal and average q. It tracks more closely current observed data on the ratio of stock-market value to the economy's capital base, wh...

FORMATION OF COMPETITIVE ADVANTAGES OF ENTERPRISES IN TERMS OF GLOBALIZATION: COMPETITIVE DYNAMICS AND AN INTELLECTUAL COMPONENT

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Oleg Tarasenko

2017-12-01

Full Text Available The purpose of the article is to investigate the current state of scientific thought in relation to the formation of intellectual capital of an enterprise in the innovation process, achievement by the enterprise of corresponding competitive advantages and their protection. Methodology. The methodological basis of the article is the systematic approach, which provided a comprehensive definition of the scope of this research – intellectual property and its protection as a complex economic and legal category. This made it possible to systematically define the purpose, level of abstraction, hierarchy, forms of manifestation, and key attributes of the subject of research. Application of principles of modelling of business processes also allowed studying the influence of factors of the external environment on the sequence of information flows in the process of forming competitive advantages on the basis of intellectual property. In addition, having determined the scientific basis, the collective and local monographic studies of leading scientists concerning the specificity of the formation of competitive advantages of innovative enterprises, including on the basis of intellectual capital, were also taken into account. Results. The article studies, describes and, correspondingly, formalizes modern processes of formation of competitive advantages in the conditions of Smart Economy: knowledge management, their patenting, modern significance, and the influence of patenting on the role of intellectual property in the investigated phenomena, as well as management of relevant information flows. Practical implications. The research demonstrates ways of forming competitive advantages in the modern economy, and the results of the analysis of relevant statistics explain patterns of economic and legal processes in the field of relevant practical activities. This allows assessing the actual state of the subject of the research, determining the development

Innovation and distributed economies for sustainable development : The example of the Northern Netherlands

NARCIS (Netherlands)

Krozer, Y.; Tijsma, S.; Brezet, J.C.

2010-01-01

The issue that is discussed in this paper is: what strategy can regional policymakers adopt to revive their regional economies with regard to international competition? The province of Fryslân, a North Netherlands economically peripheral region, aims to revive its economic structure. For this

A Negative Life Event Impairs Psychosocial Stress, Recovery and Running Economy of Runners

NARCIS (Netherlands)

Otter, R. T. A.; Brink, M. S.; Diercks, R. L.; Lemmink, K. A. P. M.

The purpose was to investigate how a negative life event (NLE) affects perceived psychosocial stress, recovery and running economy (RE). Competitive runners were monitored in a prospective non-experimental cohort study over one full training season in which they experienced the same unplanned severe

GLOBALIZATION PRECONDITIONS FOR TRANSNATIONALIZATION OF THE WORLD ECONOMY

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Vyshnevska O.

2018-03-01

and industrial groups, which become the owners of the internal resources of many states and form a separate international production sector, which is also based on international ownership, is characterized first and foremost. It is stated that the impact of globalization and transnationalization on the world economy is weighty and growing, which changes the approaches to doing business in all spheres. Adaptation to the transnationalization process requires active involvement of funds in the real sectors of the economy in order to increase their competitiveness. In an effort to capture the markets of TNCs, they have a significant negative impact on the national producer, with much higher competitive advantages and financial opportunities. An important role in guaranteeing the national security of the state, its adaptation to globalization processes, including through the process of transnationalization, belongs to the state administration, which serves as the basic basis for guaranteeing the interests of all subjects of the macro-environment (from households, to multinational companies in order to obtain not only economic , but also social benefits for the society and guaranteeing its safety.

Does integration of HIV and SRH services achieve economies of scale and scope in practice? A cost function analysis of the Integra Initiative.

Science.gov (United States)

Obure, Carol Dayo; Guinness, Lorna; Sweeney, Sedona; Initiative, Integra; Vassall, Anna

2016-03-01

Policy-makers have long argued about the potential efficiency gains and cost savings from integrating HIV and sexual reproductive health (SRH) services, particularly in resource-constrained settings with generalised HIV epidemics. However, until now, little empirical evidence exists on whether the hypothesised efficiency gains associated with such integration can be achieved in practice. We estimated a quadratic cost function using data obtained from 40 health facilities, over a 2-year-period, in Kenya and Swaziland. The quadratic specification enables us to determine the existence of economies of scale and scope. The empirical results reveal that at the current output levels, only HIV counselling and testing services are characterised by service-specific economies of scale. However, no overall economies of scale exist as all outputs are increased. The results also indicate cost complementarities between cervical cancer screening and HIV care; post-natal care and HIV care and family planning and sexually transmitted infection treatment combinations only. The results from this analysis reveal that contrary to expectation, efficiency gains from the integration of HIV and SRH services, if any, are likely to be modest. Efficiency gains are likely to be most achievable in settings that are currently delivering HIV and SRH services at a low scale with high levels of fixed costs. The presence of cost complementarities for only three service combinations implies that careful consideration of setting-specific clinical practices and the extent to which they can be combined should be made when deciding which services to integrate. NCT01694862. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

ON THE DEVELOPMENT OF THE ALBANIAN INFORMAL ECONOMY

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Majlinda BELLO

2011-01-01

Full Text Available The purpose of the paper is to analyze the informal economy in Albania. The measurement of informal economy may be realized through direct and indirect methods. The collection of data about informal economic activities, the frequency and the volume of the underground activities present a challenge, because of the data limitations. Therefore, to measure it used more indirect methods. Albanian governments have always adopted a philosophy that aims to formalize the economy through legal and institutional improvements, reducing taxes, fighting corruption and tax evasion; improvement in revenue collection from customs and taxes in general, improving governance and increasing efficiency of public institutions. Albania is on the way of the integration in the EU. The integration perspective should be supported by concrete politics on the improvement of government functioning and decrease of the informal sector, so that the people think that their country is on the right way toward modernization and prosperity.

SPATIAL DIFFERENTIATION OF THE REGIONS OF UKRAINE CONCERNING THE KNOWLEDGE ECONOMY

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Lesia Dmytryshyn

2017-11-01

Full Text Available The purpose of the research is a set of theoretical and methodological, methodical and applied provisions concerning the analysis of economic development built on knowledge (KE in the regions of Ukraine and also the determination of their integral estimation of KE development level. Methodology. The research methodology is based on a systematic approach, within which analysed KAM methodology (Knowledge Assessment Methodology developed by the World Bank, identified key groups of indicators, such as the general condition of regional economies, economic stimulus and the characteristics of the institutional system, innovation, R&D sector and informational infrastructure. Considered the key factors that determine the position of knowledge in the regional development, namely: the business community, the scientific environment and the system of self-government, which forms regional policy in the light of specific conditions of areas. The possibility of this methodology’s application in the regional aspect is determined. For the research are chosen all regions of Ukraine. Exceptions are temporarily occupied territory. Accordingly, histograms of each of the key indicators’ groups are built that help to determine the level of development of a particular region. Results. Established that the symbiosis of innovative potential with the unique economic mechanisms is the catalysts that enhance the development of the regional knowledge economy. This analysis helps to see social and economic differences between the regions of Ukraine. Determined that the characteristic feature is an inadequate level of funding of science, which causes the slowdown of innovation activity in the regions because of links imbalance between industry and research industry sector. In most cases, the regions occupied similar positions in different groups of indicators. This allows us to conclude that the development of the knowledge economy components in the region is balanced

Relationship between cytokines and running economy in marathon runners

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Luna Junior Luiz Antonio

2016-01-01

Full Text Available Running economy (RE, expresses the relationship between the energy cost of running (Cr and the work performed by a runner and is an predictor of performance. Given the intense effort of marathon runners during training and competition and the dearth of studies that address performance and cytokines in this population, the objective of the current study was to investigate the relationship between RE and cytokines in marathon runners.

Energy and competition

International Nuclear Information System (INIS)

1982-01-01

The members of the Enquete Commission ''Future Energy Policy'' of the German Bundestag are introduced as well as the list of participants from industry and other organizations in the public heaving on 18 th December 1981. Then the catalogue of questions of the Enquete Commission is presented. The written answers of the 11 representatives of industry form the main part of the report. In the following the minutes of the public hearing of the Enquete Commission 'Future Energy Policy' of the German Bundestag on Friday, 18 th December 1981 on the topic of 'The Competitiveness of German economy in various energy supply structures' is presented. (UA) [de

The effect of informal economy on income inequality: Evidence from Turkey

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Elveren Adem Y.

2016-01-01

Full Text Available By considering the manufacturing pay inequality index as a proxy for overall income inequality and a novel index for the informal economy, this study analyzes the relationship between income inequality and the size of the informal economy in Turkey for the first time during the period of 1963-2008. For this purpose, we employ a time-series analysis with the Johansen cointegration test, a vector error correction model and the Granger causality tests. The findings suggest that while an increase in income inequality and foreign trade competitiveness leads to an expansion of the informal sector, unemployment has negative effects on the informal sector.

The integrated model of innovative processes management in foreign countries

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M. T. Kurametova

2017-01-01

Full Text Available The formation of an innovative economy must correspond to the promising areas of development of scientific, technical and social progress. To ensure sustainable innovative development of the national economy, it is not only necessary to develop our own tools and mechanisms that are characteristic of the domestic management model, but also the rational use of foreign experience in this field. Analysis of international experience in the use of various tools and mechanisms, management structures for the creation of high-tech and knowledge-based enterprises showed: the integrated nature of innovative development and modernization of the economy is the most sound methodological approach of a phased, systemic transition to new technological structures; When developing tools and mechanisms for innovative development of the economy, one should take into account the actual state of the material and technical base and the existing industrial structure of production, take into account the real possibilities of using different types of resources. The greatest innovation activity is shown by those countries in which the national integrated system effectively provides favorable conditions for the development and introduction of innovations in various spheres of life. International experience in the use of forms of governance can be considered as a mobile system of relations with the real sector of the economy. In the article is given the experience of foreign countries, and examples of adaptation for Kazakhstan integrated models of management of innovative processes to create high-tech enterprises, innovative products which can be competitive in the world market. The author highlighted the role of JSC “Kazakhtelecom” with the widespread provision of public services, having the status of a National operator associated with the provision of the services including long-distance and an international telecommunication for telecommunication networks in General

The Informal Economy in Kosovo: Characteristics, Current Trends and Challenges

OpenAIRE

Florentina XHELILI KRASNIQI; Rahmije MUSTAFA TOPXHIU

2012-01-01

The informal economy is present in all countries, but its consequences reflect in different countries with different intensity. Types and scale of informal economic activities reflect the specificities of socio-economic context and the integration of the countries into the wider local-regional economy. The informal economy represents an important potential of labor and incomes, therefore there is a need for better understanding, since on this will depend the direction of the path for safer ad...

Secondary resources and recycling in developing economies.

Science.gov (United States)

Raghupathy, Lakshmi; Chaturvedi, Ashish

2013-09-01

Recycling of metals extends the efficient use of minerals and metals, reduces pressure on environment and results in major energy savings in comparison to primary production. In developing economies recycling had been an integral part of industrial activity and has become a major concern due to the handling of potentially hazardous material without any regard to the occupational health and safety (OH&S) needs. With rising awareness and interest from policy makers, the recycling scenario is changing and the large scale enterprises are entering the recycling sector. There is widespread expectation that these enterprises would use the Best Available Technologies (BAT) leading to better environment management and enhanced resource recovery. The major challenge is to enhance and integrate the activities of other stakeholders in the value chain to make recycling an economically viable and profitable enterprise. This paper is an attempt to propose a sustainable model for recycling in the developing economies through integration of the informal and formal sectors. The main objective is to augment the existing practices using a scientific approach and providing better technology without causing an economic imbalance to the present practices. In this paper studies on lead acid batteries and e-waste recycling in India are presented to evolve a model for "green economy". Copyright © 2013 Elsevier B.V. All rights reserved.

Towards a carbon-negative sustainable bio-based economy.

Science.gov (United States)

Vanholme, Bartel; Desmet, Tom; Ronsse, Frederik; Rabaey, Korneel; Van Breusegem, Frank; De Mey, Marjan; Soetaert, Wim; Boerjan, Wout

2013-01-01

The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy toward sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green) and industrial (white) biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy.

Towards a carbon-negative sustainable bio-based economy

Directory of Open Access Journals (Sweden)

Bartel eVanholme

2013-06-01

Full Text Available The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy towards sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green and industrial (white biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy.

Towards a carbon-negative sustainable bio-based economy

Science.gov (United States)

Vanholme, Bartel; Desmet, Tom; Ronsse, Frederik; Rabaey, Korneel; Breusegem, Frank Van; Mey, Marjan De; Soetaert, Wim; Boerjan, Wout

2013-01-01

The bio-based economy relies on sustainable, plant-derived resources for fuels, chemicals, materials, food and feed rather than on the evanescent usage of fossil resources. The cornerstone of this economy is the biorefinery, in which renewable resources are intelligently converted to a plethora of products, maximizing the valorization of the feedstocks. Innovation is a prerequisite to move a fossil-based economy toward sustainable alternatives, and the viability of the bio-based economy depends on the integration between plant (green) and industrial (white) biotechnology. Green biotechnology deals with primary production through the improvement of biomass crops, while white biotechnology deals with the conversion of biomass into products and energy. Waste streams are minimized during these processes or partly converted to biogas, which can be used to power the processing pipeline. The sustainability of this economy is guaranteed by a third technology pillar that uses thermochemical conversion to valorize waste streams and fix residual carbon as biochar in the soil, hence creating a carbon-negative cycle. These three different multidisciplinary pillars interact through the value chain of the bio-based economy. PMID:23761802

Competition policy and public procurement in developing countries

OpenAIRE

Falvey, Rod; La Chimia, Annamaria; Morrissey, Oliver; Zgovu, Evious

2008-01-01

Measures to support Competition Policy and enhance the efficiency of Public Procurement can enhance the impact of regional integration agreements. The first part addresses Competition Policy - measures employed by government to ensure a fair competitive market environment. Competition policy aims to ensure that markets remain competitive (through anti-trust or anti-cartel enforcement) or become competitive (through liberalisation). For a variety of reasons, competition is often restricted in ...

Political economy with affect: on the role of emotions and relationships in political economics

NARCIS (Netherlands)

van Winden, F.

2015-01-01

This paper discusses and provides experimental evidence on the role of emotions and, in particular, the neglected role of endogenous affective relationships (bonding) in three key areas of political economy: (i) appropriation, with compliance or resistance as response; (ii) competition for access to