Search results for "Economics"
showing 10 items of 14389 documents
From innovation to labour costs : Change of emphasis in Finnish competitiveness policy ideas after the Eurocrisis
2018
Small open economies such as Finland are particularly exposed to international market competition. In this article, Finland is analysed as a competition state where the pursuit of international advantages is a policy priority. Previously, Finland has been argued to be an exemplar of an economy following a strategy of radical transformation via creatively utilizing corporatist institutions instead of relying mainly on liberal reforms. In the 1990s, Finnish policymakers adopted policy ideas that emphasize technological change, innovation and education as a means to competitive edges and pursued these goals in a coordinated manner. This allowed Finland to adopt an export-led growth model and s…
Latvijas VLA modeļa pilnveides mehānismi, lai Latvijas gadījumam nodrošinātu starptautiski konkurētspējīgu vispārējā līdzsvara modeli klimata politik…
2021
Nodevums projekta “Klimata mērķu ekonomiskās ietekmes modelēšana un analīze” ietvaros
Intellectual Capital as a Key Factor of Socio-economic Development of Regions and Countries
2013
Abstract The main goal of the paper is to present the concept of intellectual capital (IC) from regional perspective and define intangible assets as knowledge that can be converted into value or profit. Most of the measurement methods designed by now apply for measuring the intellectual capital at corporate level. Some efforts are being made to present the IC concept in the regional perspective. Development of research on a new regional approach to the intellectual capital theory has been noticed. A sample model of IC for countries and its main sub-components have been presented as well. Some selected knowledge indicators for measuring intellectual capital at national level have been illust…
Knowledge of managerial competencies: cross-cultural analysis between American and European students
2019
This paper reports on the differences of managerial competencies among MBA students from American and European business schools. The results of this research suggest that there are certain differences of not only nationality but also gender. The study also points out the need for different managerial competency profiles to better assess MBA students looking for future career development. The results of this study indicate that there is a difference at the national level between assessed managerial competencies of American and European MBA students that can be attributed to cultural factors. This conclusion confirms the findings of Chong (2008) and Akinola, Martin, and Phillips (2018). Secon…
Knowledge Retention within Small and Mediumsized Enterprises
2019
Abstract In the constantly changing nowadays economy, all organizations have to be prepared to embrace all technological innovation and become good competitors in the market place all over the world. This need puts a special emphasize on the ability of a company to evolve through employee ability to grow professional. The retention of good, qualified employee is a complex process, because of the importance of the knowledge for the financial efficiency of a company. This article aims is to examine knowledge retention as an advantage of companies in this era of information, an era in which organizations view their employees as the main sources of competitive edge, acknowledging, at the same t…
Regional Development: The Importance of the Involvement of Inhabitants and Innovative Approaches in Management
2021
Innovation and an innovative approach in management, education and leadership have been changing over decades, according to the dynamic world we are living in. Changes start at an individual level, with the personality, and only those who have changed themselves can start to lead others towards global change. The Latvian National Development Plan defined aspects of polycentric development for all the regions of Latvia. Each region has resources, strengths, weaknesses, opportunities and threats, but human resources are the most important resource for change, creative ideas and sustainable development. The education system changes very slowly, from lecture learning to a more inclusive ‘learni…
Management Accounting as a Knowledge Based Organization Value Driver for the 21st Century Business
2017
The 21st century information and information technology revolution has made its mark onclassical business functions like business support services. Management accounting, a still youngbusiness activity has transformed from reactive cost determination focus to proactive valuecreating and considerate resource business driver. Management accounting is on the way toasserting itself as a proactive business value driver for the modern 21st century businessorganizations. The present paper is presenting the arguments that support the transformation ofmanagement accounting from the “bean counter” score keeping role to value driver supported byknowledge, the prime commodity of the 21st century busine…
Cognitive consequences of the timing of puberty
2018
In this paper, we use British cohort data to study the degree to which children at different stages of pubertal development at age 11 and 16 differ in their cognitive and behavioral outcomes at age 16 as well as in their completed educational attainment and adult earnings. Controlling for age 7 cognitive skills, region of birth, father's socioeconomic status and parents’ education, we show that boys’ late pubertal development is associated with lower levels of cognitive skills at 16, lower final educational attainment, and lower earnings in adulthood. For girls we find a similar negative relationship between late puberty and cognitive skills, but only imprecise relationships between the tim…
Secular rise in economically valuable personality traits
2017
Although trends in many physical characteristics and cognitive capabilities of modern humans are well-documented, less is known about how personality traits have evolved over time. We analyze data from a standardized personality test administered to 79% of Finnish men born between 1962 and 1976 (n = 419,523) and find steady increases in personality traits that predict higher income in later life. The magnitudes of these trends are similar to the simultaneous increase in cognitive abilities, at 0.2-0.6 SD during the 15-y window. When anchored to earnings, the change in personality traits amounts to a 12% increase. Both personality and cognitive ability have consistent associations with famil…
Accounting, microfoundations, hybridization and longitudinal conflict in a Finnish health care organization
2021
PurposeThis article analyzes the cognitive microfoundations, conflicting institutional logics and professional hybridization in a case characterized by conflict.Design/methodology/approachIn contrast to the majority of earlier studies focusing on special health care, the study was conducted in a Finnish basic health care organization. The empirical data include 36 interviews, accounting reports, budgets, newspaper articles and meeting notes collected 2013–2018.FindingsThe use of accounting techniques in this case did not offer professionals sufficient support under conditions of conflict. The authors suggest that this perceived lack of support intensified the negative emotions toward accoun…