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.
Romualdas Ginevičius, Joanicjusz Nazarko, Dainora Gedvilaitė, Zdzisława Dacko-Pikiewicz
Today market players at all levels, from business operators to countries, strive to be competitive. This aspiration is not passive, and is not only about maintaining current positions. As a result of the global economic development of the world, the growth of global markets forces particular countries to increase the economic scale of the economic growth, otherwise they will lose their positions. The pursuit of an increasing share of international markets becomes the basis for a country’s competitive capacity. Only by keeping pace with the growth of the single market warranty that they remain competitive. Therefore, development becomes a hallmark of competitiveness. In this context, it is important for both science and practice to fully analyse the phenomenon of economic development.
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.
Erik Šoltés, Janka Táborecká-Petrovičová, Romana Šipoldová
In the era of big data and digital technologies, marketing and especially digital marketing are rapidly developing. This development is significantly supported by utilisation of various quantitative methods allowing for a lot of useful information from different marketing fields. Digital marketing brings access to mass market for a reasonable price and unlike advertisement in traditional media (TV commercials, print), it enables personalized marketing. Digital marketing applies digital channels, devices and platforms to develop or implement a marketing strategy. One subset of digital marketing is online marketing usually defined as internet marketing.
Expansion of internet marketing is considerable and evident by the increase of expenditures into internet advertisement. In the year 2018, 68% of Slovaks and 75% of Czechs had daily access to internet, whereas in 2012 it was 60% and 44%, respectively.
Patrick O. Eke, Kehinde A Adetiloye, Esther O Adegbite
The debate on development of the bond market as major channel of industrial finance is gaining traction in many African economies. The secondary arm of the market, aside from the liquidity window it provides for investors in the primary market, additionally creates information linkage by fostering capital formation for prospective investors and producers that require capital to meet their investment opportunities, assisting in the allocation and operational efficiency of the capital market. Except if the market remains thin, overtime, liquidity in the market becomes more visible in the economy’s financial architecture, as it ignites market dynamism in the financial services linkage with other sectors of the economy. Liquidity is a pre-requisite to deepening the bond market, conditioned on information availability to ease asset valuation. The rapidity and randomness of information is what actually distinguishes capital market functionality and efficiency (Wijst, 2013).
Silvo Dajčman, Alenka Kavkler, Peter Mikek, Dejan Romih
After the global financial crisis and the Great Recession, a large and growing body of literature has examined real business-financial cycle linkages. To this end, Claessens et al. (2012) examined a large database of business and financial stress periods, corroborating that financial crisis periods are often longer and deeper than economic recessions and tend to amplify and prolong the latter. Our research aims to contribute to an understanding of the financial stress-macroeconomy nexus by studying the spillovers of US (euro area) financial stress shocks and their macroeconomic effects (i.e. effects on industrial production, inflation and unemployment) into the euro area (USA). This paper asks whether these effects are contingent on the phase of the business cycle. Traditionally, domestic and international financial stress-business cycle linkages have been investigated within the linear modelling framework.
Alma Lucero Ortiz, José Carlos Rodríguez, Mario Gómez
In addition to economic factors, other cultural and political influences have been critical drivers of economic growth. Technology issues have begun to feature as a central component of the growth process (Helpman, 1998). For example, technological advances can contribute to humanity’s well-being by facilitating a dynamic change, thereby allowing humankind to perform more efficiently (OECD, 1998). The adoption of information technologies, communication infrastructure, and the Internet in multiple social and productive sectors offers tangible advantages to countries. This process has improved several aspects of societies, such as business, technology, education, and the global economy (Ejiaku, 2014). The importance of information and communication technologies (ICTs) as an asset to the economy’s growth has been highlighted (Schreyer, 2000). The way of doing business has been modified using ICTs through different processes and tools that allow companies to use Internet-based information technologies.
Wen Jun, Ihsan Jamil, Bushra Mughal, Junaid Waheed, Hadi Hussain
Human asset training and development increases the productivity and skills of workers (Saif et al., 2019). Globally, governments spend billions of dollars to promote the workforce, to enhance their country’s economy and innovation. Working women are the pillars of society and play a vital role in its development. The female workforce is the key to innovation, growth, and prosperity in modern societies. Globally, economists focus on the practical and theoretical side of how working women perform an active role within the workforce and how they positively contribute to growth and Innovation (Luci, 2009). Women first started participating in the workforce during the late 19th and early 20th century. Worldwide, owing to higher per capita economic growth, the demand for female participation in the labour force has been increasing and motivating the working women to participate in development and innovation activities.
Huchang Liao, Ruxue Ren, Jurgita Antucheviciene, Jonas Šaparauskas, Abdullah Al-Barakati
The constriction of global resources and the sustained growth of population bring resources pressure to society. At the same time, the problem of environmental pollution and ecological imbalance cannot be ignored. In 2008, the United Nations Environment Programme launched the “Green Economy” initiative to integrate the concept of green and sustainable development into economic development. In this context, resource conservation, environmental protection and sustainable development are the best choices in this era. The construction industry is the pillar industry of Chinese economy. It is important for the construction industry to implement sustainable development. Faced with the pressure of resources and higher environmental requirements, green supply chain is an important means to enhance the environmental friendliness of construction industry and realize the rapid development of enterprises (Beamon, 1999; Ansari & Kant, 2017).
Jan Čapek, Miloslav Hub
The ubiquitous Internet connectivity has led to the introduction of an ever-increasing list of diverse online services ranging from financial transactions to online gaming and the other e-commerce purposes. For example, with cloud computing on the rise, geographically distant employees of organizations are able to access and share sensitive organizational resources online. The mentioned trend has increased the amount of user authentication processes. The aim of authentication is to decide whether a subject in question is in fact the subject that he claims to be. As an example can be mentioned traditional authentication, when end users authenticate themselves on computers by using the pair of username and password. In the past, many sophisticated authentication methods were developed. Generally, they can by divided to the three basic types of authentication depending on what kind of identification feature is used: authentication by knowledge, authentication by ownership of something, and authentication by biometrics. Each of these ways has its advantages and disadvantages.