Search results for "Economic system"
showing 10 items of 232 documents
Socio-cultural factors and transnational entrepreneurship
2011
This article addresses theoretical and empirical issues concerning the emergent field of transnational entrepreneurship. We discuss issues regarding the antecedents of transnational entrepreneurship focusing specifically on the socio-cultural factors affecting this phenomenon in the Spanish context. Entrepreneurship, ethnic and transnational entrepreneurship literature is combined with institutional approach to explain what and how different socio-cultural factors influence the emergence and development of transnational entrepreneurship in Catalonia (in the north-east of Spain). We do this by looking at four case studies of transnational entrepreneurs with different ethnicity (Ecuadorian, …
The Complexity Turn in Cultures’ Consequences on Entrepreneurship, Innovation, and Quality-of-Life
2017
This study examines influences on quality-of-life of national cultures as complex wholes and entrepreneurship activities in Brazil, Russia, India, China, Germany, and the United States. The study tests McClelland’s (1961) and more recent scholars’ proposition that some cultural recipes nurture entrepreneur startups while other cultures are biased toward thwarting startups. The study applies complexity theory to construct and empirically test a general theory of cultures’, entrepreneurship’s, and innovation’s impact on quality-of-life across nations. Because culture represents a complex whole of attitudes, beliefs, values, and behavior, the study applies a set-theoretic approach to theory co…
Some Insights on the Changing Architecture of the World’s Top 100 Multinationals
2016
Abstract Premise: globalization represents both the fertile background and the accountable foreground that accompanies the evolution of TNCs/MNEs, within a self-enforcing spiral of co-evolution which gratifies the winners and discards the losers. Argument: UNCTAD’s Top 100 non-financial TNCs/MNEs gathers together, since 1993, some of the most prominent winners of the above mentioned processes, making this instrument one of the best indicators and benchmarks in terms of both globalization and transnationalization – when analyzed at a given moment in time (for a particular year), and even more relevant when analyzed dynamically and by comparison. Context: two major global shifts have occurred…
From The Lisbon Strategy To Europe 2020
2015
Abstract The idea of a Western Europe economic recovery occurs after World War II. First as a common market, and later, after enlargement towards Central and Eastern Europe as the single internal market. Due to the new challenges with which the global economy was faced, the longterm and short-term European economy needs a coherent growth economic strategy; the success of this strategy depends on joint action. Expanding the European economy is a continuous and irreversible process, yet it advances too slowly. The Lisbon strategy is a commitment to revive the European economy in all sectors. At 5 years after implementation of this strategy it was found that the results are insufficient, so me…
Joint Venture Formation Influencing Factors within the Aspect of Economic Policy Implemented in Belarus from EU Business Prospective
2013
The aim of the paper is to perform analysis from the EU business point of view about the particularities of the creation of joint ventures in the EU neighbour country Belarus. The possibilities of economic collaboration are studied in the frame of the impact of Belarus political regime on the entrepreneurship and business activities. The research is focusing on the factors influencing business environment. Even if the business environment due to the strong intervention of State in Belarus is not very favourable for the entrance of foreign investments, the main benefits for EU interests in this country are: the importance and size of this market and the possibilities to go through the Custom…
Entrepreneurship and SMEs Innovation in Romania
2014
Abstract The aim of this article is to present some theoretical connections between entrepreneurship, innovation and small and medium medium-sized enterprises highlighting the role of these business for the economic recovery. It will provide a brief overview of the CNIPMMR study pointing out data about Romanian SMEs innovation activities and use of information technology in such enterprises. Some recommendations for public policies are presented at the end of the paper.
The Main Controversies Over the Modernisation Process of the Ukrainian Higher Education System from the Perspective of Globalization / Główne Kontrow…
2014
Abstract The most significant process of the modern civilization advancement is globalization. The crucial tendencies of the world educational system development aim at strengthening the main role of knowledge as a component of employee workshop, often much more precious than the material part, originating from the employer. In 1991, due to globalization processes, Ukraine abandoned the Soviet higher education model, following the international scenario of the higher education development. In the last few years some propositions for reforms of the above system have appeared. The Draft Law on Higher Education approved in December 2012 has made the situation less clear. Currently, the provisi…
Does FDI in China Displace Foreign Jobs in Asia?
2014
This paper studies the China effect from a novel perspective. We focus on the effect of FDI in China on foreign employment flows in the rest of Asia. The concentration of FDI in China may divert employment from similar surrounding countries. Offsetting this negative effect, MNE activities might spillover to neighboring countries along the foreign production chain. Therefore, the effect of global FDI champions is uncertain. Most studies on this issue focus on trade and FDI inflows. The China effect on other aspects of international production, like employment, remains largely unknown. The contributions of this paper are twofold. First, we enhance the estimation of the China effect with recen…
Like it or not? How the economic and institutional environment shapes individual attitudes towards multinational enterprises
2018
The integration of goods and factor markets has affected the lives of individuals all over the world. While some agents have reaped enormous benefits from this process, others have lost in terms of income and welfare. It is usually argued that individuals are aware of the distributional effects of globalization, and that this knowledge shapes their preferences over various policy issues such as protection, financial market regulation etc. In this chapter, we use a large surveybased data set to explore whether this conjecture is correct when it comes to individuals’ attitudes towards multinational enterprises (MNEs).
COMPLIANCE AND THE RECOVERY OF FINANCIAL SERVICES OF THE EUROPEAN UNION: NEW CHALLENGES FOR LATVIA’S BANKING SECTOR
2012
Determinants of international banking failures have been widely discussed and summarized. A combination of global and systemic complexity of products that fails down on correct managing of the banking risk systems; consumers who are eager for credits and regulators who are unable to spot the potential global inter-relationships – consequently have led to the failures. As a response to the financial crisis the European Commission has been working actively to complete a comprehensive financial reform to address poor risk management, lack of responsibility and to correct the underlying weaknesses in the supervisory and regulatory framework. The regulatory development is substantially increasin…