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Volume 26 (2022): Issue 1 (January 2022)

Volume 25 (2021): Issue 2 (December 2021)

Volume 25 (2021): Issue 1 (January 2021)

Volume 24 (2020): Issue 2 (December 2020)

Volume 24 (2020): Issue 1 (June 2020)

Volume 23 (2019): Issue 2 (December 2019)

Volume 23 (2019): Issue 1 (June 2019)

Volume 22 (2018): Issue 2 (December 2018)

Volume 22 (2018): Issue 1 (June 2018)

Volume 21 (2017): Issue 2 (December 2017)

Volume 21 (2017): Issue 1 (May 2017)

Volume 20 (2016): Issue 2 (December 2016)

Volume 20 (2016): Issue 1 (May 2016)

Volume 19 (2015): Issue 2 (December 2015)

Volume 19 (2015): Issue 1 (May 2015)

Volume 18 (2014): Issue 2 (December 2014)

Volume 18 (2014): Issue 1 (May 2014)

Volume 17 (2013): Issue 2 (December 2013)

Volume 17 (2013): Issue 1 (May 2013)

Volume 16 (2012): Issue 2 (December 2012)

Volume 16 (2012): Issue 1 (May 2012)

Journal Details
Format
Journal
eISSN
2299-193X
ISSN
1429-9321
First Published
14 Jun 2012
Publication timeframe
2 times per year
Languages
English

Search

Volume 24 (2020): Issue 1 (June 2020)

Journal Details
Format
Journal
eISSN
2299-193X
ISSN
1429-9321
First Published
14 Jun 2012
Publication timeframe
2 times per year
Languages
English

Search

11 Articles
Open Access

An empirical review of public policies on the sector of SMEs in the European Union

Published Online: 31 Jul 2020
Page range: 1 - 22

Abstract

Summary

The paper aims to provide with a close picture of the SME public policies in one of the most prominent capitalist economies of the world, that of the European Union. In order to do this, a qualitative analysis has been undergone, on the basis of the following indicators: access to financial resources for SMEs, regulatory and legal frameworks for SMEs, and public assistance on information and knowledge about markets. Since there is no prior research on the subject, the implications of this paper have impact on the theory, practice and policy making. The results of the content analysis suggest that there is a contemporary structure to the European SBA, with a focus on a persistent business approach, based on the results of scientific research and market studies involving the problems raised by the now compact European SME industry. In the end, it must be acknowledged that the present research is only preliminary, and to better understand the mechanisms behind the European policy, further studies on the subject are necessary. Nevertheless, the paper has managed to point out that public policy in the SME industry represents one of the most important aspects of the EU-28 new economic direction.

Keywords

  • public policy
  • qualitative analysis
  • content analysis
  • SME public policy

JEL Classification

  • H19
  • M20
  • Z18
Open Access

Factors shaping interorganizational trust in e-commerce based on literature review

Published Online: 31 Jul 2020
Page range: 23 - 38

Abstract

Summary

The article is devoted to identifying external and internal factors that shape inter-organizational trust in e-commerce. Studying how trust between e-commerce partners is built, four key B2B trust spheres were analyzed based on literature. After analyzing thirteen research reports, the factors shaping B2B trust are presented due to their frequency of occurrence in the reports. Research has shown that among the many factors determining B2B trust, the greatest value in interactions between e-commerce partners lies in the factors, i.e.: „common values”, „communication”, „experience and qualifications”.

Keywords

  • factors
  • type of trust
  • inter-organizational
  • B2B
  • e-commerce
Open Access

Exploring human resources, marketing and promotion activities towards the sustainable tourism development in Phu Quoc islands, Vietnam

Published Online: 31 Jul 2020
Page range: 39 - 55

Abstract

Summary

Phu Quoc island of Kien Giang Province in Vietnam is endowed with resources for tourism development. The study explored the human resources, tourism marketing and promotion efforts of businesses towards the sustainable tourism development in Phu Quoc tourism. The authors used secondary and primary data to elicit information from respondents. Secondary data was collected from Kien Giang department of tourism, Statistical departments of Kien Giang and Phu Quoc. We administered questionnaires to 230 local residents, 150 businesses, and 530 tourists. Furthermore, interviews were conducted in Phu Quoc with local residents, businesses, tourists, local authorities’ officers, and 12 experts. The results suggest that Phu Quoc tourism sector lack quality workforce and marketing and promotion initiative is not well developed. The study proposes recommendations to stakeholders of Phu Quoc tourism sectors and more of that, the limitation and further research is suggested.

Keywords

  • Phu Quoc
  • Tourism development
  • Tourism human resource
  • Tourism marketing and promotion
  • Vietnam

JEL Classification

  • M10
  • Z30
  • Z32
Open Access

A Set of International OECD and ICGN Corporate Governance Standards After Financial Crisis, Corporate Scandals and Manipulation - Applications for Nigeria and Implications for Developing Countries

Published Online: 31 Jul 2020
Page range: 56 - 80

Abstract

Summary

A statement by ACCA in May 2009 that any corporate governance system should consider factors such as transparency, accountability, fairness and responsibility, raises issues in this field over past few years. There are also a few researches which have been done in the field of international corporate governance standards. This paper chooses a different analytical approach and among its aims is to give some certain systematic conclusions.

First, it separates international standards into groups: ICGN and OECD latest principles covered in group 1 while it uses ACCA principles as reference.

Second, it identified differences between these above set of standards which are and have been used as reference principles for many countries and organizations.

Third, it aims to build a selected comparative set of standards for corporate governance system in accordance to international standards.

Last but not least, this paper illustrates some ideas and policy suggestions.

Keywords

  • corporate governance standards
  • board structure
  • code of best practice
  • financial crisis
  • corporate scandals
  • market manipulation
  • internal audit
Open Access

Business model maturity in management theory and practice – defining from an expert perspective

Published Online: 31 Jul 2020
Page range: 81 - 103

Abstract

Summary

Since many researchers and managers think about the essence, creation mechanisms and limits of the manufacturing model maturity, at this point, the author raises the question related to this issue: what dimensions (descriptions and desiderata) should be considered when conceptualizing this idea? The formulated question became a starting point and a point of conducting a creative synthesis, based, on the one hand, on a detailed analysis of the problem theory, and on the other hand – on the author’s own research. The above question and belief related to the existence of economic demand for results of application nature were the main inspiration to undertake research whose main purpose is to recognize: how the maturity of the business model is understood by selected experts operating in the Polish agricultural machinery sector?

Keywords

  • Maturity
  • business model
  • opportunity
  • mature business model

JEL Classification

  • E20
  • I12
  • E24
Open Access

Manager’s competence model in the face of new economic challenges – research report

Published Online: 31 Jul 2020
Page range: 114 - 129

Abstract

Summary

The main aim of the article is to try to determine, on the basis of the conducted research, the optimal competencies and skills that a manager should have in order to effectively manage the team (in the opinion of its members). The author will also indicate the connection and differences between the obtained data resulting from the Polish reality and the contemporary guidelines for the IPMA competence model. Apart from literature analysis, the author chose a diagnostic survey (research technique - questionnaire) as another research method. The respondents were, in 2019, employees (who agreed to take part in the survey) from 14 deliberately selected large enterprises based in Poland (200 people in total took part in the research process). After the analysis of the literature and the results of the conducted research, of course bearing in mind its pilot character, we can see that the perception of the competencies and skills of a manager, in Poland, is not fundamentally different from the model of competencies presented in the content. The only question that remains is whether this will be enough to bridge the gap between Poland and developed countries, especially in the face of new economic challenges.

Keywords

  • the fourth industrial revolution
  • competence
  • managerial competence

JEL Classification

  • F02
  • L 22
  • M12
  • M54
Open Access

Changes in the social architecture of business model in the perspective of the Industry 4.0 concept

Published Online: 31 Jul 2020
Page range: 130 - 142

Abstract

Summary

After three industrial revolutions, the fourth comes, which transfers production to sophisticated networks of companies equipped with intelligent devices, machines, means of transport, communicating with each other using modern technologies. It creates new challenges for industrial enterprises, it requires redefining existing business models. The development of the concept of Industry 4.0 forces modern enterprises to quickly and flexibly adapt to the changing conditions of the technological environment. This is reflected in the changes taking place in the area of social and technical architecture of business models.

Industry 4.0 contributes to creating a new kind of interaction between people and machines. These interactions significantly affect the way work is done and the resource allocation in the social and technical architecture of business models.

The aim of the article is to identyfy the changes taking place in the area of social architecture of the business model in the era of Industry 4.0.

Keywords

  • business model
  • Leader 4.0
  • Industry 4.0

JEL Classification

  • O33
  • M19
Open Access

Organizational innovation capability as a result of knowledge management processes - a literature review

Published Online: 31 Jul 2020
Page range: 143 - 156

Abstract

Summary

Nowadays, innovation and innovativeness have become a key conditioning factor in the survival of an organization. The organizations should have a sufficiently high level of innovation capability to be able to effectively develop and implement new solutions. Currently, researchers are increasingly talking about knowledge management processes in the context of creating and developing innovation capability of an organization (e.g. Hussein et al. 2016; Wijekoon and Galahitiyawe 2016). As noted by Hussein et al. (2016), sharing knowledge in a dynamically changing business environment is gaining key importance for the success of an organization. Knowledge itself, on the other hand, is indicated as a key source of innovation in the literature on knowledge management (Wijekoon and Galahitiyawe 2016; Monferrer et al. 2014; Nonaka et al. 2000; Yesil et al. 2013).

The purpose of this study is to show what kind of research problems / which research problems related to knowledge management in the context of creating and developing innovative capability are most often raised by representatives of science in the world and the second objective is an attempt to answer the question whether innovation capacity can be treated as a result of knowledge management processes.

Keywords

  • innovation capability
  • knowledge
  • knowledge sharing

JEL Classification

  • O30
  • D83
Open Access

Analysis of determinants of the inflow of foreign direct investment to Poland. Part II – research results

Published Online: 31 Jul 2020
Page range: 157 - 175

Abstract

Summary

This study contains an analysis of the main determinants of the inflow of foreign direct investment to Poland. This article is devoted to the analysis of the main motives determining the inflow of foreign direct investment to Poland. It is the second part of the series and presents the scale and dynamics of FDI inflow to Poland between 2010 and 2018, as well as the results of own research carried out using structural equation modeling. This study focused on determining the cause-and-effect relationship between the scale of inflow of foreign direct investment and selected macroeconomic parameters of the economy. Based on the theories and results from previous research, a model was developed in which the variables and the nature of their relationship were determined. The model is based on four latent exogenous variables describing FDI determinants and one latent endogenous variable describing FDI inflow. In the article, structural equation modeling was indicated as a method for analyzing the factors conditioning the inflow of foreign direct investment. The proposed research concept will allow supplementing and extending the analysis of FDI determinants in Poland.

Keywords

  • foreign direct investment
  • FDI in Poland
  • structural equation modeling (SEM)

JEL Classification

  • F21
  • F23
  • F62
  • R15
Open Access

Development or decline of marketing - systematic considerations

Published Online: 31 Jul 2020
Page range: 176 - 192

Abstract

Summary

The article is an attempt to answer the question: Is the influence of marketing in the organization increasing or decreasing? In the search for answers to this question, changes that took place in marketing over the past twenty years haves been analyzed. Particular attention and a lot of space was devoted to the evolution of the marketing function and marketing management concept in the practice of business entities. The considerations undertaken in the study allowed, on the one hand, o indicatine the weakening of the importance of the marketing function in favour of the marketing concept of management, and on the other hando determinine their contemporary role in business practice.

Keywords

  • Marketing function
  • marketing management concept
  • marketing development directions

JEL Classification

  • M30
  • M31
  • L00
Open Access

Food management innovations for reducing food wastage – a systematic literature review

Published Online: 31 Jul 2020
Page range: 193 - 207

Abstract

Summary

The goal of this paper is to assess the current trends in research on food waste management innovations in social sciences and mapping them. To achieve this, 107 articles were extracted from the Web of Science database with the keywords food waste and innovations/technologies. Then, we grouped them in accordance with part of supply chain they concern and type of innovation they propose. We identified that the majority of the innovations concern the final stages of the food supply chain. It makes them more suitable for developed countries, where the wastage is the greatest in this phase of production. It also indicates a research gap in waste-reduction technologies in the initial stages of the food supply chain. Improvements in this field may be particularly beneficial from the food security point of view, because countries suffering from food shortages waste most of their supplies in the early stages of production.

Keywords

  • food waste
  • food chain
  • innovations
  • systematic literature review

JEL Classification

  • Q16
  • Q55
11 Articles
Open Access

An empirical review of public policies on the sector of SMEs in the European Union

Published Online: 31 Jul 2020
Page range: 1 - 22

Abstract

Summary

The paper aims to provide with a close picture of the SME public policies in one of the most prominent capitalist economies of the world, that of the European Union. In order to do this, a qualitative analysis has been undergone, on the basis of the following indicators: access to financial resources for SMEs, regulatory and legal frameworks for SMEs, and public assistance on information and knowledge about markets. Since there is no prior research on the subject, the implications of this paper have impact on the theory, practice and policy making. The results of the content analysis suggest that there is a contemporary structure to the European SBA, with a focus on a persistent business approach, based on the results of scientific research and market studies involving the problems raised by the now compact European SME industry. In the end, it must be acknowledged that the present research is only preliminary, and to better understand the mechanisms behind the European policy, further studies on the subject are necessary. Nevertheless, the paper has managed to point out that public policy in the SME industry represents one of the most important aspects of the EU-28 new economic direction.

Keywords

  • public policy
  • qualitative analysis
  • content analysis
  • SME public policy

JEL Classification

  • H19
  • M20
  • Z18
Open Access

Factors shaping interorganizational trust in e-commerce based on literature review

Published Online: 31 Jul 2020
Page range: 23 - 38

Abstract

Summary

The article is devoted to identifying external and internal factors that shape inter-organizational trust in e-commerce. Studying how trust between e-commerce partners is built, four key B2B trust spheres were analyzed based on literature. After analyzing thirteen research reports, the factors shaping B2B trust are presented due to their frequency of occurrence in the reports. Research has shown that among the many factors determining B2B trust, the greatest value in interactions between e-commerce partners lies in the factors, i.e.: „common values”, „communication”, „experience and qualifications”.

Keywords

  • factors
  • type of trust
  • inter-organizational
  • B2B
  • e-commerce
Open Access

Exploring human resources, marketing and promotion activities towards the sustainable tourism development in Phu Quoc islands, Vietnam

Published Online: 31 Jul 2020
Page range: 39 - 55

Abstract

Summary

Phu Quoc island of Kien Giang Province in Vietnam is endowed with resources for tourism development. The study explored the human resources, tourism marketing and promotion efforts of businesses towards the sustainable tourism development in Phu Quoc tourism. The authors used secondary and primary data to elicit information from respondents. Secondary data was collected from Kien Giang department of tourism, Statistical departments of Kien Giang and Phu Quoc. We administered questionnaires to 230 local residents, 150 businesses, and 530 tourists. Furthermore, interviews were conducted in Phu Quoc with local residents, businesses, tourists, local authorities’ officers, and 12 experts. The results suggest that Phu Quoc tourism sector lack quality workforce and marketing and promotion initiative is not well developed. The study proposes recommendations to stakeholders of Phu Quoc tourism sectors and more of that, the limitation and further research is suggested.

Keywords

  • Phu Quoc
  • Tourism development
  • Tourism human resource
  • Tourism marketing and promotion
  • Vietnam

JEL Classification

  • M10
  • Z30
  • Z32
Open Access

A Set of International OECD and ICGN Corporate Governance Standards After Financial Crisis, Corporate Scandals and Manipulation - Applications for Nigeria and Implications for Developing Countries

Published Online: 31 Jul 2020
Page range: 56 - 80

Abstract

Summary

A statement by ACCA in May 2009 that any corporate governance system should consider factors such as transparency, accountability, fairness and responsibility, raises issues in this field over past few years. There are also a few researches which have been done in the field of international corporate governance standards. This paper chooses a different analytical approach and among its aims is to give some certain systematic conclusions.

First, it separates international standards into groups: ICGN and OECD latest principles covered in group 1 while it uses ACCA principles as reference.

Second, it identified differences between these above set of standards which are and have been used as reference principles for many countries and organizations.

Third, it aims to build a selected comparative set of standards for corporate governance system in accordance to international standards.

Last but not least, this paper illustrates some ideas and policy suggestions.

Keywords

  • corporate governance standards
  • board structure
  • code of best practice
  • financial crisis
  • corporate scandals
  • market manipulation
  • internal audit
Open Access

Business model maturity in management theory and practice – defining from an expert perspective

Published Online: 31 Jul 2020
Page range: 81 - 103

Abstract

Summary

Since many researchers and managers think about the essence, creation mechanisms and limits of the manufacturing model maturity, at this point, the author raises the question related to this issue: what dimensions (descriptions and desiderata) should be considered when conceptualizing this idea? The formulated question became a starting point and a point of conducting a creative synthesis, based, on the one hand, on a detailed analysis of the problem theory, and on the other hand – on the author’s own research. The above question and belief related to the existence of economic demand for results of application nature were the main inspiration to undertake research whose main purpose is to recognize: how the maturity of the business model is understood by selected experts operating in the Polish agricultural machinery sector?

Keywords

  • Maturity
  • business model
  • opportunity
  • mature business model

JEL Classification

  • E20
  • I12
  • E24
Open Access

Manager’s competence model in the face of new economic challenges – research report

Published Online: 31 Jul 2020
Page range: 114 - 129

Abstract

Summary

The main aim of the article is to try to determine, on the basis of the conducted research, the optimal competencies and skills that a manager should have in order to effectively manage the team (in the opinion of its members). The author will also indicate the connection and differences between the obtained data resulting from the Polish reality and the contemporary guidelines for the IPMA competence model. Apart from literature analysis, the author chose a diagnostic survey (research technique - questionnaire) as another research method. The respondents were, in 2019, employees (who agreed to take part in the survey) from 14 deliberately selected large enterprises based in Poland (200 people in total took part in the research process). After the analysis of the literature and the results of the conducted research, of course bearing in mind its pilot character, we can see that the perception of the competencies and skills of a manager, in Poland, is not fundamentally different from the model of competencies presented in the content. The only question that remains is whether this will be enough to bridge the gap between Poland and developed countries, especially in the face of new economic challenges.

Keywords

  • the fourth industrial revolution
  • competence
  • managerial competence

JEL Classification

  • F02
  • L 22
  • M12
  • M54
Open Access

Changes in the social architecture of business model in the perspective of the Industry 4.0 concept

Published Online: 31 Jul 2020
Page range: 130 - 142

Abstract

Summary

After three industrial revolutions, the fourth comes, which transfers production to sophisticated networks of companies equipped with intelligent devices, machines, means of transport, communicating with each other using modern technologies. It creates new challenges for industrial enterprises, it requires redefining existing business models. The development of the concept of Industry 4.0 forces modern enterprises to quickly and flexibly adapt to the changing conditions of the technological environment. This is reflected in the changes taking place in the area of social and technical architecture of business models.

Industry 4.0 contributes to creating a new kind of interaction between people and machines. These interactions significantly affect the way work is done and the resource allocation in the social and technical architecture of business models.

The aim of the article is to identyfy the changes taking place in the area of social architecture of the business model in the era of Industry 4.0.

Keywords

  • business model
  • Leader 4.0
  • Industry 4.0

JEL Classification

  • O33
  • M19
Open Access

Organizational innovation capability as a result of knowledge management processes - a literature review

Published Online: 31 Jul 2020
Page range: 143 - 156

Abstract

Summary

Nowadays, innovation and innovativeness have become a key conditioning factor in the survival of an organization. The organizations should have a sufficiently high level of innovation capability to be able to effectively develop and implement new solutions. Currently, researchers are increasingly talking about knowledge management processes in the context of creating and developing innovation capability of an organization (e.g. Hussein et al. 2016; Wijekoon and Galahitiyawe 2016). As noted by Hussein et al. (2016), sharing knowledge in a dynamically changing business environment is gaining key importance for the success of an organization. Knowledge itself, on the other hand, is indicated as a key source of innovation in the literature on knowledge management (Wijekoon and Galahitiyawe 2016; Monferrer et al. 2014; Nonaka et al. 2000; Yesil et al. 2013).

The purpose of this study is to show what kind of research problems / which research problems related to knowledge management in the context of creating and developing innovative capability are most often raised by representatives of science in the world and the second objective is an attempt to answer the question whether innovation capacity can be treated as a result of knowledge management processes.

Keywords

  • innovation capability
  • knowledge
  • knowledge sharing

JEL Classification

  • O30
  • D83
Open Access

Analysis of determinants of the inflow of foreign direct investment to Poland. Part II – research results

Published Online: 31 Jul 2020
Page range: 157 - 175

Abstract

Summary

This study contains an analysis of the main determinants of the inflow of foreign direct investment to Poland. This article is devoted to the analysis of the main motives determining the inflow of foreign direct investment to Poland. It is the second part of the series and presents the scale and dynamics of FDI inflow to Poland between 2010 and 2018, as well as the results of own research carried out using structural equation modeling. This study focused on determining the cause-and-effect relationship between the scale of inflow of foreign direct investment and selected macroeconomic parameters of the economy. Based on the theories and results from previous research, a model was developed in which the variables and the nature of their relationship were determined. The model is based on four latent exogenous variables describing FDI determinants and one latent endogenous variable describing FDI inflow. In the article, structural equation modeling was indicated as a method for analyzing the factors conditioning the inflow of foreign direct investment. The proposed research concept will allow supplementing and extending the analysis of FDI determinants in Poland.

Keywords

  • foreign direct investment
  • FDI in Poland
  • structural equation modeling (SEM)

JEL Classification

  • F21
  • F23
  • F62
  • R15
Open Access

Development or decline of marketing - systematic considerations

Published Online: 31 Jul 2020
Page range: 176 - 192

Abstract

Summary

The article is an attempt to answer the question: Is the influence of marketing in the organization increasing or decreasing? In the search for answers to this question, changes that took place in marketing over the past twenty years haves been analyzed. Particular attention and a lot of space was devoted to the evolution of the marketing function and marketing management concept in the practice of business entities. The considerations undertaken in the study allowed, on the one hand, o indicatine the weakening of the importance of the marketing function in favour of the marketing concept of management, and on the other hando determinine their contemporary role in business practice.

Keywords

  • Marketing function
  • marketing management concept
  • marketing development directions

JEL Classification

  • M30
  • M31
  • L00
Open Access

Food management innovations for reducing food wastage – a systematic literature review

Published Online: 31 Jul 2020
Page range: 193 - 207

Abstract

Summary

The goal of this paper is to assess the current trends in research on food waste management innovations in social sciences and mapping them. To achieve this, 107 articles were extracted from the Web of Science database with the keywords food waste and innovations/technologies. Then, we grouped them in accordance with part of supply chain they concern and type of innovation they propose. We identified that the majority of the innovations concern the final stages of the food supply chain. It makes them more suitable for developed countries, where the wastage is the greatest in this phase of production. It also indicates a research gap in waste-reduction technologies in the initial stages of the food supply chain. Improvements in this field may be particularly beneficial from the food security point of view, because countries suffering from food shortages waste most of their supplies in the early stages of production.

Keywords

  • food waste
  • food chain
  • innovations
  • systematic literature review

JEL Classification

  • Q16
  • Q55

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