Zhenjiang Dou, Lei Wei, Jingyi Wang
Innovation-driven economic development is a global trend. Specifically, in the Sino-American trade war, the events, such as the suppression of Huawei 5G, knock the alarm bell of independent research and development (R&D) in all countries. Hence, the entire society is aware of the strategic signifikance of corporate innovation and key technologies to the companies and the entire country. Compared with traditional investments, such as fixed assets investment, the Innovation investment is featured by large capital demand, long recycling period, high risk, and others. The interruption of the capital supply chain will generate high adjustment costs and sunk costs (Ju et al., 2013; Gu et al., 2019). As important enterprise managers, institutional investors have become an important force that cannot be ignored in the current capital market.
Md. Abdul Moktadir, Yead Mahmud, Audrius Banaitis, Tusher Sarder, Mahabubur Rahman Khan
A supply chain is the integrated part of an organization in which the suppliers, manufacturers, distributors, and consumers are involved and the information flow is linked through networks (Towill et al., 1992). Sustainability requires having sustainable business practices (Lai et al., 2020). From a practical point of view, sustainability focuses on minimizing the harmful impact of a firm on the environment, on enhancing good social relations, and on increasing the economic benefits of the firm, at the same time (Hendiani et al., 2020). The sustainability of the supply chain is therefore an important issue for the business organizations that are looking to attain a sustainable level in the global market (Kumar et al., 2019). To make the supply chain sustainable and resilient, it is essential to identify the basic performance indicators. By investigating the existing performance of an organization, a firm can take action against the problems that exist.
Ján Dvorský, Martin Čepel, Mihaela Simionescu, Pavol Ďurana
In a global economy, competition is the primary driver of market competitiveness. “Globalization causes large-scale changes in the technological, economic, political, and social fields of social development. These changes have a contradictory impact on the development of national economies and their competitiveness. Ceteris paribus, there is a tight interrelation between country’s economic competitiveness and a rate of its economic growth: the higher the rates of economic growth in the country, the bigger the chance for an increase in its national competitiveness and vice versa” Fyliuk et al. (2019). In this context, Ivanová and Čepel (2019) state that the 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.
Khansa Pervaiz, Zuzana Virglerová, Muhammad Asif Khan, Usman Akbar, József Popp
Sovereign credit rating (SCR) is an important utensil to judge the creditworthiness and competitiveness of an economy, which facilitates the potential investors to gain confidence in making investment decisions across the globe (Yang et al., 2019). It serves as a “credit passport” to investors to gain useful information about the financial markets in terms of dependable share prices, trim financial obstacles along with provocative effective
investment (Mclean et al., 2012; Xu et al., 2019; Zhao et al., 2020). Higher SCR signals a relatively higher performance of companies/ economies (Cubas-Díaz et al., 2018). The efficient market hypothesis holds that financial markets are sensitive to new information, where a piece of information is translated into security prices, depending upon the development of such markets.
Peter Burger, Lea Šlampiaková
The presumption that the production structure of an economy is the fundamental determinant of economic performance has been confirmed by previous economic literature. There is growth observed in a country when the production structure is composed of commodities with intense returns (Reinert, 2008; Andreoni & Scazzieri, 2014). Moreover, Andreoni (2014) has noted that the proximate source of innovation is a further source of importance in economic activities with increasing returns. According to Fourastié (1951), sectors are developing along with technological and innovation developments, but not evenly. In the sectoral structure of the national economy of the Slovak Republic, the main focus had been initially on agriculture, fishing and mining, until the industrialisation process began.