Browsing: 2019

Introduction. Rarely in the course of world history has the pace of socio-economic and political transformation been so fast as in the case of Singapore since the mid-1960s. In spite of its lack of natural resources, the tiny Asian state achieved an impressive economic development and a high living standard in a short period of time. The successful story of Singapore shows clearly why the Asian city-state needed to be smart in the sense of being strategically oriented towards building a welfare society with a pronounced technological footprint. Visionary and strong political leadership, economic pragmatism, developmental policies, technological sophistication, and exceptional living conditions are among the key features of Singapore.

Aim of the study. The aims of the paper are to present the concept of smart state and briefly analyse its implementation in Singapore. The methodological approach is based on a quantitative method and a case study. The paper shows that the appearance and development of smart state can be considered as the outcome of the spread of the knowledge society worldwide. Also, it briefly analyses the case of Singapore, a smart Asian state, and identifies some of his main features.
Keywords: smart state, Singapore, knowledge, economic development, government.
JEL Classification: F00, O1, O53footprint. Visionary and strong political leadership, economic pragmatism, developmental policies, technological sophistication, and exceptional living conditions are among the key features of Singapore. The aims of the paper are to present the concept of smart state and briefly analyse its implementation in Singapore. The methodological approach is based on a quantitative method and a case study. The paper shows that the appearance and development of smart state can be considered as the outcome of the spread of the knowledge
society worldwide. Also, it briefly analyses the case of Singapore, a smart Asian state, and identifies some of his main features.

Introduction. In a constantly changing and evolving market worldwide, each organization seeks to shape and develop appropriate leadership, so that it responds to all the demands arising in the organization’s internal and external environment. Organizational culture imposes itself as the best way for operating in a successful manner. The members of the organization must develop a belief shared by the same values, attitudes, habits and written or unwritten rules that directly influence their activity. Culture needs to evolve in order for the organization to remain relevant in a changing environment. In this sense, changing the organizational culture is not an easy process, as the members of the organization are often reluctant to new things, having a behavior that implies weaker results.

Aim of the study. This paper aims to highlight a few models of organizational culture, approaches, features, characteristics and implementation strategies. At the same time, the paper offers a brief review of the empirical research of the terms published in the specialized literature, including various conceptual frameworks such as: “corporate culture”, “workplace culture”, “business culture”, but also an analysis of the organizational culture that is permanently created and modified so as to ensure the continuity and efficiency of the organization.
Keywords: organizational culture, corporate culture, workplace culture, business culture, models of organizational culture
JEL Classification: M10, M14, L21

Introduction. The paper approaches in a correlative vision the issues of entrepreneurship and intrapreneurship, as vectors of the development of organizations in the contemporary economy. Relevant aspects regarding the entrepreneurial phenomenon and respectively the intrapreneurial phenomenon are presented, highlighting similarities, major differences, as well as areas of interference between them. The scientific approach continues with the exposition of important elements regarding the entrepreneur and the intrapreneur, as main actors of the entrepreneurial and intrapreneurial phenomena.

Aim of the study. Through the approached themes, the paper highlights aspects found in all types of organizations operating in the current business environment, considering that entrepreneurship is mainly linked to micro-enterprises and small companies, while intrapreneurship is manifested mostly in medium- and large-sized organizations.
Keywords: organization, entrepreneurship, intrapreneurship, entrepreneur, intrapreneur
JEL Classification: L26, M10, M21, O10.

Introduction. Companies experiment with technologies, while managing to better understand their internal configuration. The firms will be able to adapt their organisational structure and will be able to gain competitive advantages at the expense of other non-innovative companies from the market. Companies learn dynamically about new technologies and those who learn better are rewarded by the market by some rents and for those who don’t learn, the market penalizes them by rising costs or even bankruptcy. From this innovation behavior, some companies are able to adapt, improve their products, have better technologies than their competitors and introduce new knowledge management systems. The research methodology is based on a quantitative method.

Aim of the study. The aim of this article is to study the innovation process as being generated by the evolutionary process and knowledge management within the company. Innovation and knowledge systems are an important source of competitiveness. Innovative companies gather more data, process them better and identify better the technological opportunities that they discover within a shorter time, being thus confronted with a lower level of uncertainty. At the same time, they will be able to accumulate a greater stock of knowledge about the respective technologies.
Keywords: innovation behavior, organisational innovation, product innovation, EU-13 firms, Romanian firms.
JEL Classification: D22, L21, O14

Introduction. The sustainable management in the field of the transport is particularly important because this sector is one of the main producers of the greenhouse gases, together with the sector of buildings and the industry. The purpose of this research is to illustrate the evolution and the positive and negative impact that sustainable transports have on the national economies in Romania, in the European Union and worldwide. Given the importance they have in different regions of the world the purpose of the research is determined by the fact that national policies, both at European Union level and at global level, must include aspects related to the green economy, both by encouraging private economic entities, as well as by a stronger state involvement, by a more efficient management.

Aim of the study. The quantitative and especially the qualitative methods aim to highlight the importance of sustainable transport for a green economy. The sustainable management it is very important, especially nowadays, when progress allow to change the vision and the economic behavior in order to increase the economic efficiency.
Keywords: sustainable management, green transport, transport demand, combined transport, avoiding transportation, green infrastructure.
JEL Classification: A13, D18, D62, E61, F69, G18, H53, I15, L62, L71, L91, L92, O18, R41, R42

Introduction. In the speciality literature, a number of studies have been written and are still written today, which show the necessity of redefining the notion of manager regarding the elements that define the leader within the organization. Over time, a series of analyzes have been put in place to determine whether a person has a leadership role following a development process or whether leadership skills are skills with which a person is born with. The concept of an efficient manager should not be confused with the concept of leader because in the case of the first concept, the attribute used to achieve the results remains the authority with which the manager is established, an attribute that the leader does not have. Leaders builds morale and improves satisfaction, by building and developing in employee’s confidence and by creating a warm and positive environment. We can observe without a doubt that successful organizations need leaders at all levels.

Aim of the study. The paper describes the concept of leadership and its influence on franchise organisations perfomance.Fun Science Romania, an international entertainment and education franchise initiated in Romania since 2005, understood the significant role of leadership especially during the financial crises of 2008. Finding the best leaders according the specific of the activity and the specific of the organization is a real challenge.
Keywords: leadership, manager, organization, leader,communicate, franchise, financial crises.

Introduction. Can leadership skills raise a major science event for the community? What are the qualities needed to develop such an event that aims to become a tradition in a unfriendly society as the romanian society? Financial skills, credibility and communication are just a few of the leadership issues identified as important in successfully implementing a major scientific event.

Aim of the study. The paper describe leadership qualities identified as important by stakeholders of a major science event. This study is based on findings from seven years of practice in science events area. SCIKIDS Science Festival, is the largest youth science festival in Romania, celebrating 7 editions. The inaugural event was held on October 2013. In 2019 SCIKIDS Science Festival celebrated seven edition accumulating over 50.000 visitors.
Keywords: leadership, organization, leader,communicate, science event.

Introduction. SMEs are more flexible being supportive of economic growth in local communities. The expansion of SMEs in Romania has various particularities on regional level, being identified different disparities in terms of local units’ distribution and turnover creation. Still, in order for SMEs to be able to survive, various measures need to be taken by governments and support their future expansion, considering the economic, social, cultural and political context.

Aim of the study. The aim of this paper is to analyse the impact of tourism small and medium enterprises (SMEs) on economic development. Even if, SMEs are deficient in terms of skilled labour force, and finance, they have the power to generate value added, backward and forward linkages, entrepreneurship spirit, adaptation to change, with an extreme importance in long-term development and survival on a dynamic market.
Keywords: small and medium enterprises, Romania, regional disparities, economic development, turnover
JEL Classification: L83, Z32

Introduction. The paper aims to analyse the links between various networks and the way they can interact, particularly where networks belong to different stakeholders, involving also State authority. The case analysis argues on the idea that each restructuring process especially where it targets state-controlled institution needs to incorporate measures to install good corporate governance and management efforts toward open communication and transparency, along with effective quantitative risk analysis and compliance management when assessing an offence which may be deemed “criminal” in its European autonomous meaning.

Aim of the study. The methodology used comprised a comparative study and historical and logical research tools but also qualitative research such as interviews with the subject company and benchmarking the result to similar cases. The results of the paper point out the relevance of the rules and principles underlying the restructuring process of a public authority, effects and interaction between institutions and the need for clearer and more transparent legal framework, particularly where sanctions can be combined in a manner with negative impact on offender’s ability to continue to operate.
Keywords: State agency, currency control regulation, confiscation, proportionality
JEL Classification: K34, K38, K42

Introduction. Industry 4.0 is characterized by intelligent manufacturing and implementation of Cyber Physical Systems in production which refers to both the built-in sensors, the microcomputer networks and the direct connection of the machines to the value chain. Today, IoT is only a small part of the global phenomenon that can be called “The Internet of Everything”. The economic growth in our country was one of the highest in the EU since 2010, with an average rate of 3.0 percent during 2010-18. The 2018 GDP per capita is around 65 percent of the EU28 average, up from 25 percent 20 years ago. The IT&C sector is one of the growth engines of the Romanian economy. In the last years, foreign companies have opened development and support centres in Romania. Of the total workforce in Romania, 2.2% work in IT&C, generating 5.9% of GDP. Digitization generates economic growth.

Aim of the study. In this paper we describe the challenges posed by Industry 4.0 and analyse the opportunities and risks in the IT&C industry in Romania based on the information available in the specialized literature.The method used is a descriptive and quantitative one, combined with a SWOT analysis. The goal is to underline the huge possibilities that our IT&C sector has, and how it can impact our national economy given “Industry 4.0”. With a well developed IT&C sector, the cost of digitalisation can be much lower for our country compared to those that do not have such capable specialists in this field. Due to the changes brought by “Industry 4.0”, the Romanian entities need to look also at examples from other countries in the EU.
Keywords: Opportunities and risk, SWOT, IT industry, Industry 4.0
JEL Classification: M12, M14, M54