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Abstract

Nowadays the tourism industry faces major changes given the vast possibilities for the development of a collaborative economy in tourism that brings forth a new marketplace where consumers rely on each other-changing renting, swapping, and sharing their accommodation locations. The purpose of the present paper is to answer one of the most important challenges of the City of Brașov in Romania, which is the management of the touristic offer. The paper provides a quantitative-qualitative research approach that analyzes - based on semi-structured surveys with the users of collaborative platforms - the perception of travelers concerning the development of collaborative tourism in Brasov County. The management of touristic offer should take into account the pressure that this new type of renting may be exerting on the local economy, especially considering unfair competition on other segments of the tourist market and the change in the physiognomy of the cities of Brașov County.

Abstract

Tacit knowledge (TK) is non-codified and personal (sticky) knowledge that is difficult to transfer. TK cannot be said to be significant if there is a lack of tangible contributions. Universities can only realize such returns when there is growth in terms of (financial base, products, processes, customer base, employees’ loyalty) financial and non-financial indicators. The main objective of the research was to evaluate the effect of TK on organizational performance in selected universities in Kenya. The study adopted a mixed research approach as informed by pragmatism research paradigm. Data was collected from a study population of 65 respondents from four study sites which were Kibabii University, University of Nairobi, KCA University, and the University of Eastern Africa, Baraton. Semi-structured questionnaires were administered to academic deans; directors of research, innovation, and ICT; and heads of library services as well as planning and administration. Qualitative data was analyzed through conversation analysis, content analysis, and R which is a computer-assisted data analysis software. Chi-square tests, as well as multinomial logistic regression, were used for the quantitative data analysis. The findings of this study indicate that universities value TK as a key asset for organizational performance. The study identified TK as an asset that has helped institutions to grow in terms of work processes, decision making, and the creation of new products and/or services.

Abstract

In the current sharing economy, intergenerational learning is seen as a solution to the aging society phenomenon. Nevertheless, this field is still in an embryonic stage of development and most studies are either conceptual or based on a qualitative approach. This research concentrates on the academics who analyze the concept of “intergenerational learning” to determine whether they are treating this issue as a research topic or they are actively supporting the process in their daily activity. To achieve this goal, the qualitative and quantitative approaches are combined and a multi-stage research strategy is employed. The latter is dominated by an inductive character which is reflected by the fact that the focus is on analyzing previously researched phenomena from a different perspective. Thus, a documentary study that focuses on the articles published on SCOPUS and Web of Science, during 2008 – 2019, is combined with social network analysis, and the relationships established among the academics are emphasized. The results bring forward that: (i) most academics come from Europe and North America, and they share their knowledge with those who work on the same continent; (ii) most studies regarding intergenerational learning represent the result of the cooperation established between the members of Generation X and Generation Y; and (iii) through intergenerational cooperation, the academics share knowledge regarding education sciences, knowledge management, and human resource management. The results have both theoretical and practical implications. On the one hand, they extend the literature on intergenerational learning by providing an empirical analysis of the intergenerational knowledge flows that are shared among the academics. On the other hand, they ensure the policy-makers that the concept of intergenerational learning is approached from a multi-criteria perspective and it proves that mixed-aged teams are a viable solution for encouraging intergenerational learning.

Abstract

Knowledge is one of the most important and fundamental resources of a company, providing it with the means to develop a competitive advantage and be innovative in the dynamic market, through creating, sharing, and transferring it within the firm. Family business distinguishes itself from others through the family connection that sets its mark on how the company is run and its highly contextual culture. Therefore, the purpose of this paper is to gain a deeper understanding of how knowledge transfer occurs in family businesses. This qualitative study aims to gather empirical data using the case study methodology by applying semi-structured interviews. The cases comprise family businesses from Romania acting in different industries. The analyzed family businesses, when it comes to knowledge transfer, rely on their social interaction and are reluctant towards processes that imply externalization of their knowledge mainly out of convenience and the fact that this process did not prove its need. This leads to both positive and negative effects on the growth of the company and its longevity.

Abstract

The relationship between capital markets and macroeconomic variables is well documented in developed financial markets, but still developing in emerging financial markets. This paper looks at young financial markets from Central and Eastern Europe, focusing on two markets in the region: Romania and Hungary. Capital markets in these countries are analyzed from the perspective of two of their components: stock exchange markets and mutual funds markets and the effects of five macroeconomic variables (population, GDP/capita, inflation, unemployment, and savings) on the two components assessed. From a methodological point of view, the multiple regression analysis is employed for the period 2003-2019. The analysis is conducted in a comparative manner from two viewpoints: comparing stock exchanges with mutual funds markets and the role played by the macro-level determinants in the development of each and comparing the two national financial markets with one another. The study concludes that macroeconomic factors influence more the development of the stock exchanges than the development of mutual funds and that in the analyzed period, in Romania the impact of the macroeconomic factors on capital markets was stronger than in Hungary.

Abstract

Issues of management of activities and the development processes of modern innovative enterprises are viewed. The creation necessity of modern innovative enterprises has been indicated, their management features and indicators have been defined. Management models of modern innovative enterprises have been clarified. Management of modern innovative enterprises has been developed. The analysis of some scientific publications indexed on the management of the activity of innovation enterprises has been carried out. As a result of examining the organizational management structure models of different profile innovation structures, its exemplary organizational structure is proposed. Structures of a management system based on intellectualizing features of management have been offered. The architectural-technological structural model of a network of modern innovative enterprises with different profiles is developed. The main directions for the management of innovative enterprises of the future are defined and an appropriate conceptual model of management was proposed based on the recommendations of international organizations. The conceptual model of the intellectual management system of the complex activity of innovative enterprises has been proposed. Appropriate approaches and models have been proposed to improve product/service manufacturing in innovative enterprises. Taking into account the recommendations of international organizations, the infrastructure problems and institutional mechanisms of increasing the efficiency of perspective activity of innovative enterprises in Azerbaijan have been studied. Prospects for the application of the trends of the IV Industrial revolutions in improving the efficiency of management of the activities of similar enterprises are shown. The proposed approaches and models for improving the management processes of innovative enterprises can be applied in other relevant innovation structures.

Abstract

The purpose of this article is to draw attention to the importance of a strong relationship between social economy entities and their socio-institutional ecosystem. The article focuses on pointing out the importance of adequate diagnosis and the use of social capital existing in the community for the development and success of social economy initiatives. Draws attention to the importance of cooperation of these initiatives with local institutions, social organizations and representatives of local businesses as well as the level of their rooting in the minds of members of the community. The first part of the text referrers to the concept of co-production and Community-based social economy. The second part of the article presents the relation between the concept of social capital and community development and discusses the relation between the level of existing social capital in the given community and the possible development of the social economy entities operating there. The last part of the article presents practical examples of social economy entities operating in Poland, which are very often described as a ‘good practices’ of the practical implementation of different types of the idea of Social Economy. The conclusions underline that there is a need for strong rootedness and cooperation between social economy entities and the community in which it operates, based on shared values, aims and understanding of community needs and problems – building a specific space/position in the eco-system. This requires extensive relationships of social economy entities, both with individuals, public institutions and organizations operating in the local environment as well as with local values, norms, and traditions. To achieve such rootedness in case of entities that are usually established based on an external (usually institutional) decision with the strong financial support it seems to be necessary to use community work procedures as an implementation methodology. Due to the high degree of complexity of these types of projects and the need to mobilize large forces and resources, we may assume that the level of engagement of community members towards activities within a particular project usually determines its effectiveness.

Abstract

Museums are increasingly more connected to the concerns of the present-day society. In order to be actively involved in the development of the society and well-being of their communities, museums are more connected than ever, are active partners for their stakeholders. Having this new framework in mind, the present paper investigates the complex relationships between stakeholders and museums, as well as the role stakeholders could have to achieve the museum’s sustainable development. The present paper investigates how Romanian museums are using the stakeholder management approach to ensure their sustainable development. The interviews reveal why the funding bodies are considered by far the most important stakeholders. Other museums are generally ranked among the most important partners, along with local cultural organizations and educational ones. Sustainable development and increased impact on the museum’s community are constant concerns, but the main stakeholders and partners are rather narrowly considered.

Abstract

In the panorama of international strategies and commitments to sustainability, education is central to the pursuit of sustainable development. Educational institutions at all levels are playing a new role in promoting values and ideals linked to sustainable behavioral models. These models can face the complexity of reality in a cooperative, active and responsible way, leading to a vision for solidarity and progress. In this context, universities face huge challenges. They must recognize the changes happening in society and change accordingly. Universities are therefore increasingly required to actively introduce attitudes and behaviors that favor sustainable development and involve the entire academic community in this process. This paper aims to define the role of universities in sustainable development. As well as training professionals, their roles and responsibilities mean that they strongly influence the societies in which they operate. To become sustainable and ensure that their respective territories follow suit, universities must change internally and initiate systemic processes to engage all members of their communities. Moreover, dynamic bottom-up models of learning and dissemination of environmental sustainability and social responsibility should aim to encourage students to be active inside and outside their universities. After a detailed literature review, this paper explores how sustainable development should be used in educational paths as well as didactic activities to influence the way students think, act and engage within their academic communities. Based on the objective of this work, the case of the Tor Vergata University of Rome is used to describe the results of the active change.