Browsing: 2019, Vol. 29, Issue 1, May

Introduction. An incertitude status always arises when dealing with leadership models: which is the best way to act? As simple as the provision of an answer to this question might look like, things highly depend on circumstances. We can all agree, we guess, that some leadership styles have proven their superior efficiency in relation to others, the ones based on extreme behaviours in the matter, for instance, not being, usually, recommended. However, despite of that, issues should be approached by true leaders considering the specific cases they face, be they related to the field of activity concerned, to the professional knowledge held by the group of people they coordinate, to their attitude or dedication, to the types of problems to solve, to the level of risk involved or to the surrounding circumstances, among others.

Aim of the study. Given the complex range of factors that might exert influences upon the choice of the most adequate leadership style, we are going to mainly focus, hereinafter, on the impact had on the same by the first three of the above-mentioned mentioned, revealing, for each and every considered case, our suggestion.
Keywords: leadership models, leader flexibility, situational approach, company management, business profitability
JEL Classification: J59, M12, M54

Introduction. One of the goals of the national development policy is to support the sustainable economic and social growth of regions territorially balanced in Romania, in order to reduce economic and social inequalities among regions. The presence of multiple functional links in regional economy among processes being variable in time and space leads to the use of panel data models. Such models include regression equations where one uses series that are a combination of time series and cross-sectional data series.

Aim of the study. This paper presents theoretically the main elements of panel data analysis.
Keywords: regional development; sustainable development; panel data models

Introduction. Labour migration is mainly amplified by economic reasons. Labour force migration is a phenomenon which may have some benefits on international markets such as the European labour market considering its role in stabilizing the European labour market. At the same time it may represent a major benefit in balancing unemployment rate in the Euro area, or even in some European states which are aware of the labour market imbalances. However, it should be noted that population aging is recorded in the regions where dislocations occur: it is a phenomenon which may generate a decline in the economic growth and affect the living standard, should there be no thorough analysis. Therefore a closer monitoring of migration is mandatory, as aging population is one of its consequences, which must be investigated in the regional context.

Aim of the study. This paper emphasizes that population aging concerns the world, the public environment and scientific research and a discerning approach may create the assumptions for economic revival. Workforce nowadays acknowledges realities involving permanent adjustment and reorientation depending on developments in the technical and technological fields and its migration has become an almost instantaneous phenomenon. For this purpose, it is necessary to consider the fact that along with migration, dislocations in the active population occur, which often are not immediately supported by new contingents; therefore disturbances are created both on the labour market but also in the demographic plan. It is important to seek solutions to minimize their impact on the Romanian economy affecting economic growth and the level of development.
Keywords: demography, aging, migration, economic growth, standard of living.
JEL Classification: J11, J61, O15

Introduction. Currently, the States and regions around the world face with several economic, environmental, social challenges etc. The increase in the demand for power supply, for primary resources (agriculture, forestry and fishing), for industrial products and services, sets a significant pressure on the ecosystems sustainability. One of the solutions to support the sustainable development process may be the transition towards the bio-economy, innovative sector focused on the production of biotechnologies and biomass. The bio-economy is the field comprising all economic activities related to the use of biological renewable resources.

Aim of the study. The goal of this paper is to draw the attention on the importance of bio-economy in the effectiveness of the use of natural resources and in the current context of obvious and irreversible climate changes. Moreover, lately, the concept of bio-economy gained the attention of the scientific and political environments, both in Europe and at worldwide level. We can already talk in Europe of a general transition towards the bio-economical field.
Keywords: Bio-economy, sustainable development, innovation, renewable resources management
Jel Classification: Q01, Q51, Q57

Introduction. All media companies face the issue of dramatic market changes and consumers’ habits. The new technologies, the competition represented by the e-commerce companies and the huge number of nonjournalists content producers have major impact on the mass media industry. Strategies and business models must led to the best use of resources, keeping the constant market shares, and thus increasing profitability. Flexible strategies, market knowledge, loyal readership, the ability to innovate and adaptability to change are the elements that prepare businesses for an era of personalized information, as mass-media are ones of the few industries whose products are exclusively intangible-conceptual and non-material.

Aim of the study. The economic goals that media industry management needs to achieve are as important as the responsibility towards society and customers. The major focus of mass media management is finding the model to ensure the optimal balance between the costs involved by producing quality content, gaining trust and readership loyalty, managing digital and technology successfully as mandatory elements for revenue growth and business stability.
Keywords: management objectives, advertising market, readership, audience measurement
JEL Classification: M10, M20, L29

Manager or leader
Risk, avoiding it or looking for it
Employee’s motivation is the main subject, which makes the difference between a leader and a manger. Starting from here, we find out, that we are dealing with different ways of action. It is obvious that there are people that can have both leadership and managerial skills. We cannot simplify the classification of people in the two categories because in reality, an individual can have different behaviors determined by his own perception. For a manager we talk about different styles: authoritarian, transactional, focused on professional work, the need for safety. For leaders, there are also characteristic styles: charismatic, transformative, focused on people, risk exploration.