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The way ‘Heritage Assets’ are preserved is a symbol of a country’s civilization (Shan, 2006). Heritage assets (HA) are of utmost significance to shaping nations’ identities. Their significance is derived from their historical, aesthetic, scientific and social values. They should be well preserved to continue offering social benefits for an indefinite period (Barton, 2005). Countries possessing rich legacies of HA should manage them properly to evade negligence and loss of such irreplaceable possessions. Thus, governments are responsible for safeguarding HA and ensuring their retention for future generations.

Traditional methods of economic evaluation by techniques of investment and financial analysis with regards to the specifics of business, engineering and project economics are well known, e.g. (Gillespie, 2013; Newnan et al., 2013; Mian, 2011). Their use in mining evaluation is well adopted. The groundwork in the given field was done and provided in (Gentry & O’Neil, 1984) with following (Runge, 1998). More sophisticated math approach is represented by application of option value paradigm added to classical investment analysis, taking into account managerial aspect of decision flexibility during the project’s life. One of the first application to mining appeared within (Xiaoli & Elbrond, 1996) and to take a more recent, e.g. within (Hall & Nicholls, 2008) and (Saluga, 2011).

Parcel delivery service, or courier service, is defined as delivering small and light parcels, quickly and accurately relying on sophisticated networks and the reliable tracking of the shipments (Ducret, 2014). Due to the rapid expansion of e-commerce, parcel delivery service industry became one of the fastest growing industries in the world and characterized as follows. First, it is an asset intensive industry since it requires huge investment on facilities such as delivering vehicles and hub facilities. Because of huge investment and long payback period, small and medium sized companies are seldom found in the market. Second, the core competencies of company are the speed and the accuracy of delivery.

Usually an individual performs two most prominent roles in daily life. One is the work role, other is the family role. It is not uncommon to find it difficult for an employee to balance both roles simultaneously and as a result they may face work family conflict. Following this conflict perspective, mostly studies have looked into the darker side of work family balance i.e., work family conflict (Greenhaus & Powell, 2006; McNall, Nicklin, & Masuda, 2010) but some researchers argued the positive side of work family interface (Aldous, 1969; Marks, 1977; Sieber, 1974). The conflict perspective of work and family role has been paid with extra attention in work place.

The dynamic development of foreign trade is important for the stable economic position of each country. It can be considered as a confirmation of the actual efficiency of the national economy and its ability to be competitive in the global economic system. The growth of this trade is particularly essential for Ukraine, taking into account the crisis situation in the country. In this paper, we analyze main tendencies of export trade of Ukraine with Visegrad countries (Czech Republic, Hungary, Poland and Slovak Republic) and examine whether there is a relationship between the level of GDP and the volume of export activities between these countries.

As a result of dynamic changes on the market and a tightened competitiveness struggle, design is becoming one of the key business triggers to gain the essential competitive advantage in business. Bruce and Bessant (2002) state the major benefits of design management: increase profit by increasing sales or by decreasing manufacturing costs, increase market share, gain a competitive advantage, revamp mature and failing products, and provide a strategy for growth. Design is a way of launching a new product of service. Bloch (1995) also states that a good design attracts consumers to a product and adds value to the product by increasing the quality of the usage experiences associated with it. Managers are well aware of what design is and of the fact that it can add value in a competitive environment (Kramoliš, 2015).

Since the late 1980s, the Czech Republic has undergone the transformation process from a centrally planned economy to a market economy. The modernization of the country’s financial sector is a fundamental condition for economic growth. The beginning of the transformation was associated with a rapid increase in credit activity. There was a decrease in the growth rate in the second half of the 1990s, followed by a decrease in the volume of lending. The volume of lending has increased again and the number of ‘bad’ credits has increased also since 2000.

In industrial and developed countries, the restructuring of public sector increased the importance of fiscal decentralization in the second half of 20th century. In Eastern Europe its implementation delayed to the 1990´s. The decentralization of decision-making powers was supported by the fiscal federalism theory in the 1950´s and 1960´s (Oates, 2005) developed by Samuelson (1954; 1955), Tiebout (1956), Musgrave (1959). In this period many famous authors as Olson, Buchanan, etc. published their ideas in the field of collective action (Zabkowicz, 2017). Famous is also the decentralization theorem formalized by Oates (1972) and the Leviathan hypothesis elaborated by Brennan and Buchanan (1980).

Quality health care system is a priority for citizens of each country and a precondition for economic prosperity. The public health systems in many counties bear the huge burden of treatment of serious diseases, particularly cardiovascular diseases and cancer. Cancer, heart disease, diabetes, respiratory, mental and other chronic diseases represent great suffering to citizens and represent a huge cost to society and the economy. It is estimated that they will cost the global economy around €22.5 trillion between 2012 and 2030 (EU, 2013).

The period of economic recession and crisis usually intensifies the discussion of policies that aim to increase economic performance. Among these we often find suggestions to increase support of research and development, entrepreneurship and innovations. Economic crises create certain pressures to search for adequate policies in this respect; at the same time, crises seem to be the appropriate periods for implementing new policies. However, the research of the relation between business cycles and innovative activities is still rather marginal.

Today, when we talk about development, irrespective of the level of the analysed subject – a state, a sphere of economic activity, a region or a company – first of all we think about sustainable development. The following concept of sustainable development has been formed in the global environmental and in economic development forums, and has become the classic definition: it is development that meets the current needs of a society without compromising the ability of future generations to meet their own needs. This concept is based on three components – environmental, economic and social development.

Information communication technologies (ICT) over the last five years have become one of the main parts of the society. Smartphones, personal computers have become an integral part of everyday life. E-commerce is a very relevant subject and the topic is discussed around the world. In 2013, 41% of all internet users had purchased online and sales in 2015, reach $1,471 billion (statista.com, 2016).

Share repurchase is a phenomenon that has recently been thoroughly studied around the world. Despite being seen as a substitution for dividends and a tool for distributing excess cash, it would appear that there are more reasons for repurchasing shares and more complex problems than only distributing excess cash to shareholders. The bulk of the research concerns the market reaction to the announcement and implementation of share repurchase programmes. We attempt to ascertain the market reaction to the announcement of share repurchases and to determine the reasons for the reaction. We assume that share repurchase programmes might be explained by the agency theory or signalling theory. We expect that share repurchases convey valuable information to the investors because of the separation of ownership and management. We seek to identify what kind of information the share repurchase conveys.

Internet of Things (IOT) technology which turns out as a buzzword in the ICT contains elements such as biometrics, sensors and controlling data of the real world into the information technology platform (Mital et al., 2017). Research institutes predict its economic potential to be enormous and applicable in different industries such as healthcare, energy management, industrial automation, environmental management, traffic management, logistic and supply chain management (Kim & Kim, 2016).