Economics&Education

Economics&Education

Basic info

  • Publisher: ISMA University
  • Country of publisher: latvia
  • Date added to EuroPub: 2019/Nov/09

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  • Language of fulltext: english
  • Time from submission to publication: weeks

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  • Article Processing Charges (APCs): No
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  • Waiver policy for charges? No

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  • Open Access Statement: No
  • Year open access content began: 2016
  • Does the author retain unrestricted copyright? False
  • Does the author retain publishing rights? False

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This journal has '58' articles

Key competencies of managerial level employees for sustainability in hospitality business

Key competencies of managerial level employees for sustainability in hospitality business

Authors: Olegs Nikadimovs, Olga Zvereva, Zane Ezerina, Jekaterina Korjuhina
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Abstract

This paper aims to develop a conceptual overview of key competencies framework needed by managers for achieving the sustainability and overall success in the hospitality business narrative. This overview provides a summary of the key sources and interpretation of the key concepts, granting hospitality educators and managers useful insights of competencies and skills required of future leaders and possibilities of exiting curriculum enhancement. The ever increasing and expanding needs of the hospitality industry are greatly reflected in expectancy of certain skills and competencies of managerial level employees. Industry professionals and educators should continuously cooperate to track and investigate emerging trends and competencies expected from the hospitality management graduates to possess in order to include them in the curriculum. The framework is developed from a review of literature that is focused largely on competencies of managerial level employees and national standards that are needed to develop a sustainable hospitality business. Authors contribute by collecting different concepts for further developing of theoretical framework for academic and practical application. The paper provides a conceptual overview for educators wishing to conduct more detailed empirical research on the subject. The review is valuable to industry professionals and stakeholders for analysis of the required competencies list and to implementing appropriate continuous improvements in cooperation with educators. Paper type: Conceptual overview paper.

Keywords: competencies, hospitality industry, hospitality management higher education, sustainability
The influence of the implementation of E-tendering on the competitiveness of small and medium enterprises in construction industry

The influence of the implementation of E-tendering on the competitiveness of small and medium enterprises in construction industry

Authors: Oleksandr Sydorenko
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Abstract

The rapid pace of technological progress during the last years has influenced the construction industry greatly. Due to the increasing electronic integration of the construction processes, the participants have no choice but to embrace all the latest electronic technologies. The E-tendering system was introduced with the aim to provide higher transparency in each stage and transaction of a procurement process, as well as to reduce paperwork. However, the successful implementation of the information and communication technologies, such as E-tendering, requires the particular attention and great effort from the companies. This article identifies the main trends in construction industry regarding electronic technologies and potential benefits that participants can gain from implementing E-tendering system.

Keywords: E-tendering, implementation, SME, subcontractors, procurement
Modern trends in development of international scientific and technological cooperation

Modern trends in development of international scientific and technological cooperation

Authors: Maxym Polyakov
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Abstract

This paper emphasizes that under conditions of knowledge economy formation the international scientific and technological cooperation will be developed in priority. It seems to be an objective necessity and is institutionally supported at the global level. Analysis of statistical data confirmed the allegation in respect of activation of the international scientific and technological cooperation and distinguished a number of its development trends, encompassing the following ones: international scientific publications and citation, distribution of intellectual property, international patenting, internationalization of R&D and university activities. Application of information and communication technologies as well as international programs, supporting joint researches, becomes of major importance.

Keywords: knowledge economy, international scientific and technological cooperation, international cooperation, information and communication technologies, internationalization
The parameters of the influence of visual cognition on the process of learning and thinking

The parameters of the influence of visual cognition on the process of learning and thinking

Authors: Halyna Ilina
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Abstract

The author has defined the conceptual foundations, principles, and the substantial structure of the metaphor of sight in the intellectual dimension of philosophical concepts, where the problem of visualization in scientific cognition, thinking and learning is highlighted. We have described the main directions of the analysis of metaphorization in historical and philosophical development considering the essence of visual experience, appealing to visual perception through the prism of visual metaphors. We have also found and systematically grounded a number of important philosophical metaphors, which have a visual nature such as metaphor of sight, metaphor of light, and metaphor of a mirror applying the logical-discursive approach. Their functions that complement the process of philosophical cognition in the transcendent and transcendental aspects are outlined to be as follows: idiomatic, stylistic, and heuristic. Furthermore, we have considered Plato’s allegory of the cave in the context of development of the cognitive ability of contemplation, which plays an important role in the process of comprehending the real world by the mental vision. The authors have paid special attention to the concept of theory, which meant the kind of philosopher’s activity in antiquity - to watch, that is, to theorize, and, accordingly, to study. Therefore, the authors have proved that visuality having its roots in philosophy and describing philosophical activity is a method of philosophical research and, consequently, is associated with philosophical thinking, the basis of the creative educational process.

Keywords: metaphor, cognition, theory, visuality, learning, sight, contemplation, the truth
The mechanism of the intensification of Ukrainian integration into the European Union on the basis of intellectual element

The mechanism of the intensification of Ukrainian integration into the European Union on the basis of intellectual element

Authors: Olena Kocherhina
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Abstract

The article analysed the current state of the Ukrainian intellectual potential with the purpose of further intensification of the relations between our country and the European Union. The dynamics of Ukrainian migrant workers of different spheres of activities was presented. The Ukrainian labour migrants by their country of residence were discussed. However, the advantages of Ukraine as the source of scientific labour force were provided in order to develop the interaction between Ukraine and the EU.

Keywords: labour force, labour migrants, scientific labour force of Ukraine, Ph.D. and doctor habilitatus scientists
Investment cooperation of Ukraine and the countries of the European Union

Investment cooperation of Ukraine and the countries of the European Union

Authors: Valerii Osetskyi, Viktoriia Kulish
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Abstract

The article deals with the essence of investing and the evolution of views on the investment process. The essence and structure of foreign investment are determined. The position of Ukraine in the International Ratings on the level of attractiveness of the investment climate in the country is highlighted. The dynamics of inflow of foreign investments into the Ukrainian economy is shown. The volumes of attraction of direct foreign investments into the Ukrainian economy from the countries of the European Union as well as the level of export of capital from Ukraine to the countries of the Euro zone have been analyzed.

Keywords: investments, foreign investment, foreign direct investment, investment climate
The economic and legal mechanism of commercialization of R&D results

The economic and legal mechanism of commercialization of R&D results

Authors: Nataliya Kholiavko, Tetyana Shestakovska
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Abstract

The article presents the study of the processes of commercialization of R&D results. It is emphasized on the urgency of activating such processes in the context of the formation of a new type of economy - the information economy. The information economy transforms both the approaches to the organization of entrepreneurial activity and the factors of competitiveness of economic entities. The prospect of changing the relationship between of higher education sectors, business enterprise sector, the government sector and the civil society sector as the elements of the Quadruple Helix model are substantiated. The authors analyze the current legislation of Ukraine regarding the commercialization of R&D results. It allowed identifying endogenous problems in technologies transfer and their further implementation into the real sector of the national economy. The classification of higher education institutions’ R&D results as objects of commercialization is singled out on the base of methods of strategic and structural-functional analysis. The conceptual approach to the formation of the economic and legal mechanism of commercialization of the researches results of higher education institutions in Ukraine are proposed; the authors identifies the typical stages of the mechanism implementation.

Keywords: commercialization, R&D results, higher education institution, economic and legal mechanism, Quadruple Helix model, information economy
Assessment of intellectual capital in development of multinational corporations

Assessment of intellectual capital in development of multinational corporations

Authors: Evelina Panchenko
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Abstract

The scientific going is considered near the estimation of influence of intellectual capital on development of activity of enterprise structures. Authorial approach offers in relation to the estimation of influence of intellectual capital on development of activity of enterprise structures (including multinational corporations), that takes into account potential of dynamic of intellectual capital structure.

Keywords: intellectual capital, multinational corporation, estimation, influence, efficiency, dynamic
Creative thinking in the system of modern management

Creative thinking in the system of modern management

Authors: A Shegda, T Onysenko
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Abstract

According to the widely believed, the central part in world crisis and post-crisis processes certainly belongs to a market economy. This paper deals with the main consequences of the extensive development of the management in creative economy. It’s about creative capital, that means simply put, an arsenal of creative thinkers whose ideas can be turned into new or innovative valuable products and services. Creative manager can fined employees pioneer new technologies in future it can be new industries, and innovative power economic growth. This paper deals with understanding of the need for a new, creative approach to management in modern enterprises.

Keywords: creative management, creative thinking, modern management, management theory
Supply management in the system of corporate social responsibility (CSR)

Supply management in the system of corporate social responsibility (CSR)

Authors: Rustam Aslanzade
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Abstract

The article reveals the essence of such a sphere of entrepreneurial activity as Supply Management. In modern business, supply management is understood as a complex and integrated activity to generate all information about the company's in- and out-deliveries. An important aspect of supply management is the implementation of the concept of corporate social responsibility (CSR), which is an integral feature of modern civilized business. The implementation of CSR in the field of supply management is a very important direction for creating a positive image of any company.

Keywords: corporate social responsibility (CSR), supply management, logistics, supply chain management
The use of modern information and communication technologies by Ukrainian enterprises-producers of domestic boilers

The use of modern information and communication technologies by Ukrainian enterprises-producers of domestic boilers

Authors: Sergiy Solntsev, Oksana Chernenko
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Abstract

Information and communicative environment in which every enterprise works today, creates new information tasks for the management. Their solution is possible when adapting information management to new conditions. For the enterprises of mechanical engineering which is the key industry for each economically developed country providing the management of enterprise with marketing information is the issue of the day, both in terms of maintaining competitive positions in the market of each particular enterprise and industry as a whole. The article shows that in Ukraine in the conditions of the gradual overcoming the negative consequences of the crisis, the temporary application of the provisions of the Association Agreement between Ukraine and the European Union and the tension in foreign trade relations with the Russian Federation, there is a significant geographical reorientation of export commodity flows from Russia to the European market, which is characteristic for the machine-building industry, in particular for the market of household boilers. The article presents and analyzes the statistics, which confirms such features of the market of domestic boilers in Ukraine as: very close interdependence of the main producers; slower process of getting out of the crisis in comparison with the entire engineering industry; significant change in the market structure. The access of the enterprises-producers to the European market with solid fuel boilers, requires new standards of work from domestic enterprises, which is confirmed by the data of export statistics. This includes information processes that should be arranged so qualitatively to meet the most demanding requirements and maintain the competitiveness of Ukrainian producers. The article presents the results of the observation carried out by the authors of the article and includes the assessment of the level of information and communication technologies use by household boilers producers in Ukraine and comparison of the main indicators of domestic enterprises and foreign competitors. The analysis of the received information showed the low level of information and communication technologies use by domestic producers of domestic boilers and their considerable lag in comparison with the European enterprises. It was substantiated that the use of the new information potential is possible only with the reconstruction of the provision of information processes. Therefore, the marketing information system of the boiler equipment manufacturers in Ukraine needs a full or partial reorganization. That is a promising direction for further research.

Keywords: marketing information, marketing information system, enterprise management, information and communication technologies (ICT), market of domestic boilers
The management of the improvement of entrepreneurship education

The management of the improvement of entrepreneurship education

Authors: Julia Galkina
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Abstract

The rapid development of information technology leads to important changes in society life. A new society structure is formed, the values are changing, including changes in the labor market situation and in the attitude towards man, his development, value orientation. Changes refer also entrepreneurs role and functions, as well as to the knowledge, skills and attitudes which are necessary for the formation of an enterprise. Stricter requirements are brought forth in regard of the entrepreneurship education.

Keywords:
Trends of social entrepreneurship

Trends of social entrepreneurship

Authors: Jevgenija Dehtjare, Viktoriia Riashchenko
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Abstract

The aim of the abstract is to investigate the role of social business and its contribution to the development of a modern society. Definition, types and representatives of this business area are investigated in this article as well. Resources for social entrepreneurs available on market are analysed, both with current trends and issues of social business. Tools to accelerate social business are offered with the conclusion that appropriate education may boost potential of this entrepreneurial activity and some already elaborated programs observed in this article could become a basis for equal courses implementation in the other countries as well. In this article, the authors are going to examine the phenomenon of social entrepreneurship, and to give a definition of this concept on a basis of opinions of various researchers. Stated research problem is to analyze the development of social entrepreneurship, current issues and trends with an aim to clarify main tools of accelerating social entrepreneurial activity. The development of the social entrepreneurship as a separate growing part of a modern business process is the main objective of the paper. The research on challenges and benefits social entrepreneurship brings to its stakeholders in different countries and regions is made, existing relationships within the system and the environment are analysed, foundations and available resources are mentioned to be used by the entrepreneurs with an aim to get a support. Main conclusions of the research are: the need to change legislation according to the needs of the social entrepreneurs, wide work with publics should be provided to stimulate its activity and readiness to participate in the process of social entrepreneurship as it brings wider outcome for a society at large and to establish its sustainability, educational process should foster the social business development offering education opportunities within the field at several study levels and in different forms.

Keywords: social business, NGO, Erasmus+, education
Modern management hypotheses: staged development of management products

Modern management hypotheses: staged development of management products

Authors: Stanislavs Miscenko
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Abstract

The research under consideration describes the area of methodology of scientific knowledge via the possibilities of ideas generation and their implementation in the organization management. The paper investigates and describes the concept of “idea” and the process of its transformation into product; there is presented the algorithm of idea construction and development and also are shown the components of the proposed multidimensional model and its links with external environment. The contradictions occurred in the process of generating the idea and its further implementation in management science and practice are presented. In the framework of the resultant ideas generation the author puts forward the hypotheses concerning the main idea, revealed through the prism of his investigation and connected with the creation of the holographic organization. In this context, the holography is not only the visualization of the organization, itself, but, at the same time, the inclusion of the other sources of information in the given schematic model. The fundamental idea developed by the author in this research is the determination of parallax in the search for management products. The idea is very daring and quite promising in the future. This article is based on the researches in the field of creating strategies employed for a modular product designing. The author of the scientific paper analyses the previous investigations in the field of the perspective management hypotheses. The detailed analysis allows the author to focus on the most significant works in the field of management science and to present them in the chronological order

Keywords: mental activity, consciousness, resultant, system, innovation, hypothesis, module, strategy, technology, market, construct, process, components, architecture, deviation
Financial aspects of education quality assurance in Latvia

Financial aspects of education quality assurance in Latvia

Authors: Iryna Kalenyuk, Olga Verdenhofa, Lyudmyla Tsymbal
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Abstract

The article analyzes the financial aspects of ensuring the quality of higher education, the relevance of which is due to the increasing importance of higher education in the development of countries in the modern conditions. The importance of ensuring and maintaining the quality of higher education for each country is proven. On the basis of historical and comparative research methods, a consistent process of formation of the quality assurance system of higher education in Latvia was characterized. The complexity of the problem of improving the quality of education, which is ensured not only by accreditation system, but also financial aspects, is confirmed: increase of financial autonomy of higher educational establishments, expansion of resource base, increase of financing volumes. The features of the financing mechanism of institutions of higher education are revealed, the strengths and weaknesses of the system of financing higher education of Latvia in comparison with European countries are analyzed. The positive experience of European and other countries in the formation of effective financing mechanisms that can influence the quality of higher education is presented. The analysis allowed to determine the perspective directions of development of the Latvian system of higher education in the conditions of the modern global environment and to formulate proposals for improving the mechanisms of its financing. The necessity of improvement of the Latvian practice in the direction of strengthening of stimulating character, further diversification of sources and formation of the practice of financing, oriented on efficiency is proved. Special attention is needed to increase the amount of funding and to bring its indicators to average European indicators, increasing attention to financing research through domestic resources (public, private, business, etc.).

Keywords: higher education, quality of higher education, financing mechanism, financial autonomy

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