bluuebunny/crossref_metadata_2025 huggingface dataset:
Growth Evaluation of Listed Companies of the Agricultural Processing Industry in China
Authors: Xu ZheLing , Wu Bizhi
Published: January 2021

By 2019, agricultural products processing and production enterprises have grown into an large industry for farmers to make a better living and for consumers to enjoy safer food. More importantly, it has become a vital supporting force to safeguard China’s growing modernization. However, the agricultural Processing industry is in an era of great challenges and opportunities. Therefore, this study is dedicated to provide a unique and sustainable-development perspective of this issue. A comprehensive scoring system is constructed to obtain the outstanding listed agricultural product processing enterprises with excellent scores and ratings. The excellent characteristics of high-growth listed companies are summarized to give suggestions and inspirations to sustainable economy of the agricultural processing industry in China.
Community Based Rural Tourism (CBRT) : The Impact on Local Residents Quality of Life in Indonesia
Authors: Yunikawati Nur Anita , Istiqomah Ni’matul , Priambodo Magistyo Purboyo , Puspasari Emma Yunika , Sidi Fatimah , Jabbar Marzanah A.
Published: January 2021

Kemiren village is well known today as one of the tourist destinations that has a distinctive appeal to the culture of the Osing tribe, which is one of the tribes found on Java. The purpose of this study is to examine the impact of community-based rural tourism (CBRT) activities with an approach to the economic, socio-cultural and natural environment dimensions associated with the quality of life of residents in Kemiren village. The results of the research conducted show that tourism activities in the area have been able to become a source of income for most households in order to improve the standard of living of the Kemiren villagers. However, the development of tourism activities that occurs has an impact on changes in the livelihoods of local residents because of the high profits obtained from tourism activities. Increased job opportunities have also led to a high flow of people working there. Protection of the environment is seen as not a priority in relation to tourism activities in development carried out by local governments. However, Kemiren village’s resident still have high concern and are actively involved in preserving the environment. Local people believe in development of tourism activities will impact their welfare.
Sustainable Equity Crowdfunding Projects: Are They A Driving Force to Revitalise Italy After Global Socio-Economic Consequences of The COVID-19?
Authors: Manganiello Maria , Dragulanescu Irina-Virginia
Published: January 2021

Research background:The outbreak of COVID-19 has disrupted and shaken all economic and financial sectors. In this scenario, crowdfunding has emerged as a new relevant financing mechanism alongside more traditional funding channels by attracting investors through an internet-based method of fundraising to support ventures. In recent years, many crowdfunding platforms, specialized in green projects rose, allowing start-ups to raise funds for their campaigns. The literature on the use of crowdfunding in the sustainable sector is quite limited.

Purpose of the article:We use a hand-collected dataset of 350 equity crowdfunding campaigns, gathered from the Italian platforms over the period January 2016-June 2020, to analyze the impact of COVID-19 outbreak on the success of green equity crowdfunding projects. We also test the greater attractiveness of the projects sustainability-oriented than other types of campaigns and if growth in the number of “green” projects is linked to the increase of local environmental performance.

Methods:We measure the probability of success of pitched projects, both in terms of the total amount raised and the number of investors. We run a negative-binomial-regression for the number of investors and a Tobit-regression for the amount of capital raised.

Findings & Value added:Coherently with our hypotheses, we find that COVID-19 has reduced the probability of success and that campaigns with a sustainability orientation are more likely to reach the funding target because investors give more importance to a sustainable future. Finally, our search provides that the leading countries in environmental performance have a positive effect on the green crowdfunding projects, by aspiring to move toward a sustainable future.
CoVid19, a Threat or a Blessing to Globalization?
Authors: Moise Daniel , Negescu Oancea Diana Mihaela , Diaconu Amelia , Diaconu Silviu
Published: January 2021

Research background:The new CoVid19 took by surprise almost all the countries were not aware that encountered the virus. It is most likely that many countries did not even know, realize or were not aware that the virus was already spreading in their homeland. We can consider that it was like a “tornado” or even worse like a “Geo-Storm” that affected almost each country in the World.

Purpose of the article:The healthcare system in each country was caught unprotected to such a large scale of need of medical supplies and devices. The lack of medical supplies showed the dependence of many countries on too few manufacturing countries. The demand for such products was sky rocketing and so did the price for this kind of products.

Methods:The issue studied should not be only for medical supplies, but also for strategic products, or components for example, for air transportation, military purposes, energy supplies, and so on, that could put in real difficulties the economy and the social well-being, as we know it. We have conducted a research among the stakeholders.

Findings & Value added: The outcome of this pandemic might be the end of Globalization, as the trade and dependency upon other countries will stop, or on the contrary, the consolidation of the Globalization, giving itself even an immense synergy in order to deepen and proliferate. In order to discover and debate this matter, we carried out a research to see and understand.
The global flood of COVID-19 contact tracing apps: sailing with human rights and data protection standards against the wind of mass surveillance
Authors: Nesterova Irena
Published: January 2021

Research background: Countries all around the world are rapidly introducing contact tracing apps and other surveillance technologies to tackle the spread of COVID-19 raising serious concerns about human rights and democratic principles.

Purpose of the article: The article aims to analyse how human rights and data protection law regulate the COVID-19 contact tracing apps and reveal the biggest challenges that countries face in applying the essential requirements.

Methods: The article will analyse the legal framework and compare many guidance documents issued by the international organisations, including the Council of Europe, the OECD and many EU institutions on the data protection requirements for contact tracing tools and the main challenges the governments face in different countries.

Findings & Value added: The article will reveal that the existing human rights and data protection standards already impose significant requirements for contact tracing apps requiring to comply with such principles as legality, necessity, proportionality, transparency, purpose limitation, temporariness. Although countries tend to deviate from some of these standards a choice between effective response to crises and fundamental rights should not be made. The article argues that the global flood of digital surveillance technologies requires new regulatory framework and governance mechanisms to enable impact assessment, oversight and monitoring of these technologies both during and after the crises not only to ensure that they are lawful and ethical, but also to limit the dependency of governments on large technology companies as well as to prevent mass surveillance becoming the new normal on a global scale.
Communication of brands on social sites during the COVID-19 pandemic in the context of globalization
Authors: Vanko Martin , Zaušková Anna , Kubovics Michal
Published: January 2021

Research background: The global coronavirus crisis has become a household name across all segments of digital marketing communication. Whereas some brands primarily focused their communication on corporate social responsibility at that time (from March to May 2020). What and how the brands were communicated on social sites within the pandemic marketing communication can become a significant finding for the research into CSR or changes of digital behaviour of certain brands.

Purpose of the article: The purpose of the paper is to analyse and subsequently compare the content of a relevant brand to be published on Facebook in the context of globalization and during the first COVID-19 outbreak. In the paper, the authors dealt with the McDonald’s and their communication and content to be published on Facebook within a specific time period (March to May 2020) in particular markets.

Methods: The authors intended to analyse content and format papers that were published and subsequently analysed - content or format consistency is the essence of social sites communication. The quantitative part will consist of the content analysis of key words and at the same time, the size and economic power of the target audience and their reactions will be observed. The qualitative part will entail evaluation of communication, content and current communication.

Findings & Value added: There is a question if and what a relevant brand communicated to their consumers and fans on social sites during the COVID-19 outbreak or the state of emergency, as being responsible and staying home was the most effective vaccine against the COVID-19 pandemic.
Impact of creative accounting on the company value: Empirical study for Slovakia
Authors: Adamikova Eva , Sedlakova Iveta
Published: January 2021

Research background: Procedures and methods for determining the value of a company are different. The purpose of determining the value of the company, what results the company reports and also who performs the valuation has a significant influence on the choice of the method.

Purpose of the article: The determination of the final value of the company is influenced by many factors, economic, technical, specifics of the company and also the date on which the value is calculated and who performs the evaluation.

Methods: In expert practice in determining the value of the company, we work mainly with methods based on property and income principles (asset method, yield method). The basic material for calculating the value of a company is the company’s accounting, which, however, can often be influenced. There can be several purposes for distorting accounting information (financial statements). The most common reason is the reduction of the tax base, or artificial improvement of the achieved results. Creative accounting practices significantly affect the structure of the company as well as its financial results.

Findings & Value added: The main goal of the paper is to quantify a few examples, which will contribute to reducing the economic result. Subsequently, we analyse these interventions how they can affect the resulting general value of the company determined by the expert and whether the expert is able to detect them.
The impact of globalization on the selected aspects of the regional marketing
Authors: Bundzíková Renáta , Jánošová Denisa
Published: January 2021

Research background: In today’s globalized world, tourism is considered to be one of the fastest-growing sectors in the field of service. Tourism continuously adapts to various new activities, trends, markets and technologies. Tourism is affected by several factors - mainly globalization trends, consumers and economic gain. Regional development experts consider tourism as one of the tools that can support the quality of the environment and thus protect existing aboriginal cultures. Tourism itself is considered to be a global phenomenon currently being studied by experts from several scientific disciplines. Globalization plays an important role when traveling to world tourism destinations. With globalization coming to the forefront, people began to realize how small the world is. However, high demands on the environment, the constant use of non-renewable resources, the destruction of cultural values of society and other adverse effects of tourism are not signs of sustainability. Various international organizations are trying to solve these issues by creating specific programs aimed at promoting sustainable tourism.

Purpose of the article: The main goal of our paper is to identify and analyse indicators of sustainable tourism, specifically in the Trenčín region in Slovakia.

Methods: The main goal of the paper is to critically evaluate the results of the analysis and formulate recommendations for implementation in practice in the Trenčín region based on the available data.

Findings & Value added: We consider regional development and its connected, sustainable tourism to be an essential topic. It is necessary for regions to become active in their future development, not only economically and socially, but also ecologically.
The dynamics of human capital accumulation in the ex-communist countries in Europe in the context of globalization
Authors: Dumitrache Victor Marian , Gombos Svetlana Platagea , Bran Florina , Balu Petronela Evelina
Published: January 2021

Research background: Countries with a similar background before 1990, in the communist bloc in Europe, have begun since the ‘90s to differentiate one from another in terms of development. Nowadays, in many aspects of the socio-economic environment, including welfare and labor productivity, the gaps between them are significant. Measurements done by World Bank Group through The Human Capital Project give us the opportunity to compare the achievements from the last 30 years of the ex-communist countries building strong democracies and open markets.

Purpose of the article: The purpose of this paper is to identify the major gaps between 8 EU ex-communist countries in terms of human capital accumulation in the context of globalization – and the way the globalization fostered or suppressed the human development and human capital accumulation.

Methods: We will do a comparative analysis of the indicators that the Human Capital Project are based on – life expectancy, expected years of schooling, quality of education and GDP/capita of the 8 EU ex-communist countries.

Findings & Value added: This paper may add value to the economic and educational policies in the 8 EU ex-communist countries by identifying the policies that proved their effectiveness in generating higher labor productivity, policies that can be adapted and then adopted by the UE ex-communist countries that are less developed.
Regional human capital development management in the process of globalization
Authors: Ershova Irina , Solodiankina Iuliia
Published: January 2021

Research background: Active development of information technology and globalization have made the digital economy an integral part of global and national economic systems. A key factor in the success of globalization processes is the availability of highly qualified personnel in sufficient volumes and relevant jobs, as well as a training system for specialists with certain competencies for the development and implementation of digital technologies.

Purpose of the article: development of guidelines for innovative management of regional human capital formation in the global economy. To achieve this goal, the following tasks were solved: to identify the impact of quality education on the development of human capital; to evaluate the effectiveness of higher education institutions as one of the fundamental factors in the formation of human capital in a region in the process of globalization; to develop a methodology for the formation and improvement of human capital by modernizing the distance education system.

Methods: dialectic, abstraction, analysis, induction, modeling, as well as statistical methods, comparison method.

Findings & Value added: As a result of this study, an idea has been formed on the impact of quality education on the development of human capital; the analysis of the activities of higher education institutions as one of the factors in the formation and development of human capital in the region; a methodology has been developed for the formation and improvement of human capital by modernizing the distance education system.
The Effects of Globalization on Application of Environmental Management System (EMS)
Authors: Kopackova Hana , Zelena Alena
Published: January 2021

Research background: Environmental management systems (EMS) is an international standard of best practices for managing impacts on the natural environment. The standard came into effect in 1996. The EMS reviews the environmental aspects and sets goals and targets for managing them. EMS is based on continuous development (Plan - Do - Check – Act). It is one of the voluntary instruments, as the obligation to introduce an EMS is not contained in any legal regulation. The mainstream of thoughts shows that globalization enforces EMS implementation mainly by sharing knowledge (best practices), but more aspects should be investigated.

Purpose of the article: The article aims to formulate a conceptual model of globalization effects on the application of EMS and to document these effects on the selected company.

Methods: A review of EMS literature is used to determine globalization’s positive and negative aspects of this field. To construct the model, we use the business process modelling tool Adonis CE. A case study of a selected company shows how these aspects affect the ability to adhere to its environmental policy.

Findings & Value added: The article revealed a conceptual model of globalization effects on EMS. The presented case study showed the interconnection of individual effects and impact on the company’s effectiveness.
The Influence of Sensitivity Analysis on ohe Process of Price Decision Making and Pricing of the Company
Authors: Kubjatkova Anna
Published: January 2021

Research background:An integral part of the existence of every company is the constant making of various decisions that affect the company and its surroundings on a global scale. These decisions include decisions about price, which is a key element of the company’s interaction with its surroundings. In the conditions of globalization, price is a key factor in the competition, and price decisions must be made by the company very carefully and their selection is not easy. Sensitivity analysis helps companies choose the best options and steps in the price decision making, which will ultimately affect the process of pricing.

Purpose of the article:The purpose of this work is to point out the importance of sensitivity analysis as a tool for simplifying price decision making and to perform this analysis on a model example of a company.

Methods:Methods of analysis and research of the issue were used in the paper. Induction and deduction methods were also used to help provide a comprehensive picture of sensitivity analysis.

Findings & Value added:The result of this work is, in addition to a general overview of the sensitivity analysis in price decision making, also the specific procedure and the results of the sensitivity analysis and recommendations for the company resulting from these results. Based on the created instructions, companies can make clear pricing decisions that will be of the greatest benefit to them.
Comparison of Financial Reporting in the Visegrad Four Countries in a Global Environment
Authors: Lőrinczová Enikő
Published: January 2021

Research background: The Visegrad Four (V4) countries are the Czech Republic, Slovakia, Hungary and Poland. As members of EU they had to incorporate into their national legal accounting framework the European Directives related to annual accounts, valid at the time, where various choices were possible to adopt. Some principles of the international financial reporting standards IFRS also affected the national accounting frameworks more or less, depending on the country. These various influences may affect the external user´s ability to read the published financial statements and compare them.

Purpose of the article: The aim of this paper is to compare the relevant national legal framework of accounting in selected areas and the content of financial statements required in the V4 countries and to point out the influence of the chosen presentation of some financial information on selected indicators of financial analysis.

Methods: Methods of description, analysis, comparison and synthesis are used to achieve the set aims of the paper. The financial analysis is demonstrated on an illustrative example of reported financial information which is based on the different national accounting legislation.

Findings & Value added: The comparison showed some similarities and differences. The main differences amongst the V4 countries are related to the reporting of leased assets and the variation of own production and work-in-progress. Czech Republic does not report the leased assets in the balance sheet of the user of the asset but in the owner´s while the Slovak republic, Hungary and Poland report the asset in the user´s balance sheet which is in accordance with the international accounting standards IFRS (in case of Poland it depends on the lease contract). The Czech Republic reports the changes in own production and capitalization of own work as part of expenses which is in line with IFRS. The Slovak Republic, Hungary and Poland report these items as part of revenues which is in line with the EU Directive but in contrast with IFRS. Also, the Slovak republic and Poland have definitions of the elements of financial statements in their accounting legislation while the Czech Republic and Hungary do not have these definitions. These differences influence the results of ROA, ROE and cost efficiency when comparing the same situation in these countries as it is evidenced on the illustrative example in the paper.
Knowledge Management in a Globalized World and the Coronavirus Age
Authors: Pechova Jana , Stejskalova Lenka , Volfova Hana
Published: January 2021

Research background: Although the world is still in a coronavirus crisis, it also sees hope in vaccines being developed, government measures taken to revive the economy and borders reopening. At the same time, the globalized world has learned a lot. Knowledge management and knowledge sharing in a globalized world now have even higher mission than before, since work regimes have completely changed and the necessary requirements for the protection of employees´ health and safety are being adopted.

Purpose of the article: Knowledge management is a multidisciplinary activity; its individual disciplines will be described, characterized and researched. Research surveys will map the activities of knowledge management in new work regimes with the protection of employee health and safety in order to optimize knowledge management of businesses in a globalised world with existing threats.

Methods: After the questionnaire survey is completed, the respondents’ answers will be encoded in Microsoft Excel. The encoded data will be exported to the SPSS statistical software. The objective of the statistical evaluation is to extract relationships and linkages that could contribute to optimising the knowledge management of enterprises in a globalised world. To detect basic relationships and linkages, Pearson’s chi-square test of independence will be used at the level of descriptive statistics, using contingency tables.

Findings & Value added: Based on the conducted research, it diagnoses existing knowledge management barriers and knowledge sharing in globalized enterprises.
The Perceptions of Entrepreneurs on the Registration of Sales in Czech Republic
Authors: Sejkora Frantisek , Mlazovsky Martina
Published: January 2021

Research background: Compliance with tax laws can be considered a global problem facing all tax administrations to a greater or lesser extent. Individuals take various steps to minimize tax liability, which is rational economic behavior. If the tax liability is minimized as part of an individual’s infringement, it is tax evasion. Many countries have begun to implement various tools using advanced technologies to address these leaks. Especially in European countries, there has recently been a trend in preventing sales cuts by introducing a sales registration system.

Purpose of the article: Electronic registration of sales is a relatively new project in the Czech Republic. The main reasons for the introduction of electronic sales records were better tax collection and also the leveling of the market environment by reducing the share of the gray economy. The aim of the article is to analyze the perception of entrepreneurs to this new tool on the basis of a questionnaire survey. The research was carried out in the area of “Accommodation, food and beverage service activities”. This sector is considered to be one of the most problematic due to the presence of the shadow economy and is also one of the most important sectors in terms of the number of business entities.

Methods: The data were analyzed by the chi-square test of independence and descriptive statistics.

Findings & Value added: The results show a negative attitude of entrepreneurs to this new tool.
The Importance and Perspectives of Sovereign Wealth Funds in the Globalised Economy
Authors: Černohorský Jan , Tesnerová Kateřina
Published: January 2021

Research background: The ever-increasing degree of globalization is reflected, among other things, in the establishment of relatively new institutional investors - sovereign wealth funds. Until the financial crisis in 2008, these funds were considered by many developed countries to be a potential threat to national security. However, this changed when they invested large sums in bankrupt companies and banks during the crisis. However, fears of their influence remain.

Purpose of the article: The paper aims to assess the importance and perspectives of sovereign wealth funds in the world economy. In this paper, we start with the definition of sovereign wealth funds and distinguish them from other state asset managers. We also focus on assessing their importance within the global investor portfolio and their impact on global economic development.

Methods: We used an analysis of available financial and economic data related to their activities and comparison with selected asset managers.

Findings & Value added: We discuss their specific investment strategies and their transparency, which affect their credibility. Within the evaluation, the positive benefits outweigh the risks of sovereign wealth funds. However, we should always assess in the context of a specific sovereign wealth fund. The importance of sovereign wealth funds and their impact will continue to grow, even though their relative share of the global financial market is not very high. Thanks to their long-term investments, they contribute to greater stability of the financial markets of the given countries.
Impact of Tax Effects on Profit Optimisation. Review of International Approaches
Authors: Lyeonov Serhiy , Michalkova Lucia
Published: January 2021

Research background:Deteriorating economic conditions and the risk of an impending crisis underline the need for significant profit optimization, especially in the area of taxation.

Purpose of the article:The aim of this paper is to analyse and evaluate the conditions for the creation of a tax shield in the V4 countries on a theoretical level and to confront these findings with the value of the total tax shield in the countries in question.

Methods:This study uses the method of two-way analysis of variance with interaction, while also testing the assumptions of the model by normality tests, homogeneity test and post hoc tests (Scheffé and Tukey methods).

Findings & Value added:A review of the sources of the tax shield shows that the tax systems in all the countries examined offer similar conditions for the application of tax shields. In a sample of more than 90000 companies, it was found that the level of the total tax shield given as the effective tax rate is similar in all countries examined (except Hungary). The branch of affiliation plays a role only in the environment of Hungarian companies, on the contrary, Slovak companies show homogeneity of the reported effective tax rate. Country and industry affiliation does not have sufficient explanatory power to predict the total tax shield. Conversely, other indicators of financial performance (operating profit) may be suitable indicators of the effective tax rate.
Enterprise performance indicators and their use for strategic management – empirical evidence in globalized word
Authors: Nosková Marta
Published: January 2021

Research background: Indicators of enterprise performance has been globally discussed for decades. There are many ways to assess the performance of enterprises, some are general, and some are specifically tailored for enterprise’s needs. Yet, this issue can be seen from other, empirical perspective: what aspects (indicators and their values) should enterprises focus on, in order to improve their performance in globalized word.

Purpose of the article: The aim of this article is to examine the set of indicators (i.e. their values) in order to find out which ones can affect the performance indicators, thus the enterprise performance itself. This finding could help the enterprise´s management with strategic decisions regarding future objectives.

Methods: This research adopted quantitative approach based on the analysis of dataset downloaded from Albertina – Gold edition. Twelve selected indicators describing 2 338 enterprises are statistically tested in order to accept or reject the hypothesis of their statistical interdependence towards selected performance indicators (ROE, ROS).

Findings & Value added: The findings of this preliminary research indicate that there are few indicators (such as Total Debt or Working Capital), which correlate with performance indicators. These results are presented and discussed in the paper, together with the possible future research.
Cross-Border Risks as an Impact Factor for International Fintech Business Models
Authors: Skadina Helena , Veinbergs Vilnis
Published: January 2021

Research background: Cross-border activities for FinTech companies in several markets bring them completely new opportunities and drive the appetite for new deals, but the complexity of doing business internationally is often underestimated: many risks, which have an influence of business models, can be determined. The emphasis of this research is on those risks that can be brought into particularly correlation with the cross-border activities of a FinTech company and at the same time influence the whole business activity of it.

Purpose of the article: The aim of this research is to find out what kind of risks corresponds to so called cross-border risk-group and is the most common for internationally designed FinTech business models. Additionally, to determine those business model areas, which are influenced by cross-border risks the most and must be created with focus on avoiding, mitigating or sharing these risks.

Methods: To achieve the goal the authors interviewed representatives of different FinTech companies. In these interviews, experts were asked to describe the most significant risks and to assess the importance of them for each business model dimension by using the Likert’s scale as well as to explain the dependencies and the consequences of their influence on different business model areas.

Findings & Value added: The result of this research forms the basis for conclusions about the most significant cross-border risks and their impact on dimensions of a business model as well as makes recommendations possible for those FinTech-enthusiasts who are going to model their FinTech business internationally.
Use of artificial intelligence in last mile delivery
Authors: Jucha Peter
Published: January 2021

Research background: Artificial intelligence is a term that is now known to almost everyone and is among the trends and innovations of Industry 4.0 for 2020. It is a much-discussed topic in the field of technology. Artificial intelligence and machine training are the driving forces across different industries. In many cases, artificial intelligence helps people in their work and simplifies it or even completely replaces the human workforce.

Purpose of the article: The purpose of the article is to state how artificial intelligence can affect and solve existing problems in last mile delivery. For example, inefficiency is a major problem with last mile delivery because the last section of delivery usually involves a number of short-distance stops. However, a long waiting time for the customer to deliver the goods or incorrect allocation of resources and vehicles to the required areas can also be a problem. And it is artificial intelligence that should help solve such problems.

Methods: Comparison, Empirical and retrospective analysis are used within the analysis of different modes of last-mile delivery.

Findings & Value added: The research results shows the ways in which artificial intelligence can help solve problems in last mile delivery. Examples include The Vehicle Routing optimization (VRO), which aims to calculate the most optimal delivery route or artificial intelligence technology, which is used to interpret various events, manage data, and apply predictive intelligence.
Key attributes of successful innovation strategy in the global market
Authors: Kral Pavol , Janoskova Katarina
Published: January 2021

Research background: At the current global market environment, innovations are perceived as a driving force of economic development and a basic prerequisite for competitiveness. Worldwide-level discussions are related to topics regarding knowledge-based economy development, financing and innovation management mechanisms, research and development support, international cooperation, all supporting the fact that innovations are a significant prerequisite to fulfil goals of sustainable development of the society

Purpose of the article: The primary goal of the paper is to define the key dimensions of a successful innovation strategy ensuring competitiveness and growth in a global market. These are reference characteristics enabling comprehensive consideration of the conditions of the external and internal environment in which the innovation strategy will be formed and implemented. The issues in question determinants will be investigated and evaluated at theoretical level, then practical, scientific and application approach as well as management aspect.

Methods: Ambition of the authors is to use theoretical knowledge, results of systematic research, experience and publication activity outputs to create an informative scientific platform dedicated to elimination of “white areas” in the field of innovation strategies (innovation management) with possibility of implementation in company practice. There was apply several suitable methods of scientific research (formal logics methods: analysis, synthesis, deduction, induction, comparison, abstraction).

Findings & Value added: There is a potential for paper and research outputs to be applied in management practice at the level of national or global market.
The Use of Innovative Technologies to Ensure Economic Security of the Russia in the Context of Globalization
Authors: Zhulega Irina , Sycheva Evelina , Samoylov Alexandr
Published: January 2021

Research background: Global competition constantly sets new goals for each state in the field of economic security. The globalization process covers all new areas of activity and technology. To ensure economic security, in addition to information and financial technologies, innovative technologies are joining. In order to manage innovative development, scientific and methodological approaches are necessary, which is the current background of this work.

Purpose of the article: The purpose of the study is to analyze and evaluate the use of innovative technologies to ensure the economic security of Russia in the context of globalization changes. The objective of the study is a comparative assessment of the dynamics of innovative development of Russia and the leading countries at the global level.

Methods: As a scientific and methodological approach to monitoring and analyzing the level of development of innovative processes to ensure economic security, based on a study of available statistical sources, it is proposed to use indicators - Global Innovation Index (GII) 2019.

Findings & Value added: Globalization and economic security affect all aspects of the economy. Economic security can be considered as a process of maintaining a state, the signs of which correspond to economic security in the context of globalization changes. Global indices of innovative development make it possible to assess the level of development of modern processes in the field of economic security and determine strategic priority development vectors in the future in order to strengthen the country’s economic positions and competitiveness on a global level.
CRM as a tool to maintain the competitiveness of enterprises in the global digital economy
Authors: Botlík Josef , Janáková Milena
Published: January 2021

Research background: Globalization is characterized by the interconnection of national economies, which may be more vulnerable in this way. Economic and social shocks caused by the global nature of the socio-economic environment have now shown, especially in connection with covid19, the need for a deeper focus of companies on customers.

Purpose of the article: The need for communication, the search for new market opportunities, and the resumption of production in the post-crisis period could be significantly affected by the use of digital technologies aimed at clients and customers. The ongoing research “Application of systems for customer relationship management in the environment of small and medium-sized enterprises” has shown that customer orientation can be significantly supported and streamlined by using Customer relationship management (CRM) systems. The paper compares the use of CRM in EU countries and identifies critical points.

Methods: Using methods of system analysis, especially mathematical prediction, statistical methods, and multicriteria analysis, the use of CRM in EU countries is compared in relation to selected factors of the digital economy.

Findings & Value added: Years with major declines and disproportions have been identified. The declines in developed economies (Germany, France, Austria etc.) in 2019 are specific, related mainly to the use of new forms of customer service. It turns out that although companies are streamlining their marketing efforts through CRM and focusing on maximizing potential through customers, CRM is only an integral part of ICT and can be replaced in the global environment by other tools of the digital economy.
Are 2020’s Social Movements Proof of the End of Globalization?
Authors: Bodislav Dumitru Alexandru , Niculescu Marcela Antoaneta , Rădulescu Carmen Valentina
Published: January 2021

Research background: This paper is targeted towards the concept of globalization, its limits and how today’s social movements are proof of a new path needed for sustainable development, sustainability as a goal, economic growth as social progress and the need for taking care of all nationalities, all types of countries when it comes to their development (emerging versus developed) and importing the American’s Navy principle, “No man left behind”, in this case from a social and economic perspective, because we try to highlight that today’s protests and riots are actually based on the need to be listened on the issues they have, each economy having different issues for its population and these vary from LGBT issues, Black Lives Matter, All Lives Matter and anti-corruption movements. The paper analysis 2020’s social movements and the double standards of social development depending on the types of economies we observe.

Purpose of the article: The paper represents on overview of the social movements in 2020.

Methods: The research is based on fundamental analysis of the news that feed social movements and the technical approach of their economic results.

Findings & Value added: The paper offers the big picture on how the economy develops in line with its social movements and also targeting the need for a clear future.
The Role of the Traditional Crafts as Intangible Heritage on the Global Tourist Market
Authors: Dragicevic Curkovic Marija
Published: January 2021

Research background: The results of the researches in the word show that traditional crafts play very important role in presenting the culture and traditions of any country and provide opportunities for employment with low capital investments. Dubrovnik traditional crafts have not been touristic valorized as well. That is why is relevant to analyse the role and development possibilites of Dubrovnik traditional crafts from international poin of view.

Purpose of the article: The aim of the paper was to analyse importance and types of traditional crafts as much as to explore the attitudes of local residents in the area of Dubrovnik towards the possibilities of developing new tourism products forms based on the traditional crafts.

Methods: For the purpose of the paper the secondary and primary data have been used. The empirical research has been conducted using the structured interview method. The sample has consisted of 48 employees. The respondents were residents, employed by companies in Dubrovnik. The results of primary and secondary researches have been considered together regarding the elements of cultural motivation.

Findings & Value added: The local residents consider that traditional crafts could be important factor of sustainable development of tourist destinations Dubrovnik. There is an interest in “reviving” them and valorizing for tourism purposes, especially Konavle, Mljet and Coastal embroidery, Knitting, Stonemasonry and Sericulture. All traditional crafts had been currently positioned in the area of mediocre level of tourist valorization.
Influence of Sector, Budget Size and Financing on Time and Cost Management of Czech International Development Projects
Authors: Dufková Gabriela , Šaroch Stanislav
Published: January 2021

Research background: This article focuses on the official Czech international development (ID) aid and the factors affecting the project success in terms of cost and time variance from the plan. As per research by Ahsan and Gunawan (2010), ID projects by Asian Development Bank are finalised within their budget, however, with delays, and the result depends on the developing country. Previous article written by the author confirmed the findings also for the Czech development aid and established that cost variance is affected by the type of implementing agencies, whereas time variance depends on the developing countries.

Purpose of the article: The purpose of this article is to further analyse ID projects by the Czech Development Agency and evaluate the influence of sector topics, budget size and type of financing on the time and budget management of Czech ID projects to determine what parameters could improve the efficiency of Czech ID projects.

Methods: Information on all official projects conducted from 2016 to 2019 used in this article are non-public and have been received directly from the Czech Development Agency. They are first summarised in a descriptive statistics part and then analysed by non-parametric Kruskal-Wallis test.

Findings & Value added: The results show that budget size, financing type and sector topics influence the cost variance, with smaller projects financed as public procurement achieving bigger savings. For time variance, there are significant differences only between different categories of the sector topics with projects focused on the environment leading to the biggest delays.
Electronic Communication of Non-Profit Organizations in a Global Society
Authors: Hraskova Dagmar , Rosnerova Zuzana
Published: January 2021

Research background:Communication of non-profit organizations is one of the key activities in the conditions of this type of organizations, because through flexible communication, non-profit organizations can function effectively in today’s global society, based on modern information and communication technologies. In 2020, there was a change in communication with non-profit organizations in the environment of the Slovak Republic, through the establishment of electronic mailboxes.

Purpose of the article:The aim of the article is to analyse a new way of communication of non-profit organizations, which results from the new legislation, which was adopted under Slovakia in 2020 and came into force on June 1, 2020, when the state gradually established and activated for electronic mailbox delivery for individual non-profit entity.

Methods:Analytical methods were used in the article in order to evaluate the suitability of electronic mailboxes and their benefits in the environment of non-profit organizations. We work with the hypothesis that this method of communication will bring significant changes for the non-profit sector in the form of benefits, which will eliminate the obstacles that were present in the postal communication and will speed up the mutual exchange of information.

Findings & Value added:The year 2020 thus brought a change in electronic mailboxes and Slovakia introduced the establishment of these mailboxes for non-profit organizations as well. Based on the obligation of non-profit organizations and its deeper analysis, we identify the advantages and disadvantages that result from this method of communication and evaluate their contribution for the practice of non-profit organizations.
Environmental impact of corporate social responsibility
Authors: Hunjet Anica , Jurinić Valentina , Vuković Dijana
Published: January 2021

Research background:Corporate social responsibility (CSR) involves doing business in an ethical manner, being responsible to employees, customers and stakeholders in the business, and contributing to society and social causes. Organisations that implement CSR in their business have the potential to become more competitive in the market, and to create a better image of themselves in public. An organisation should behave in a socially acceptable manner towards interest groups affected by its business, since the behaviour of those interest groups also has an impact on the organisation’s operations.

Purpose of the article:This article covers the economic, social, environmental and ethical dimensions of CSR, and focuses on the care for the environment and the impact of the application of CSR on the success of the organisation.

Methods:The aim of the research is to investigate how the application of CSR in the organisation affects its performance factors but also its environment and whether the organisation can in addition to achieving its primary objective - profit, also contribute to a better and healthier environment for future generations.

Findings & Value added: It can be concluded from the research results that people prefer working in an organisation that is socially responsible and would accept lower pay if conditions such as opportunities for advancement, health and safety at work etc. are met.