Effective use of Big Data can significantly support the development of smart cities and the new digital economy. The aim of the article is a multi-criteria evaluation of IT systems in terms of Big Data processing, taking into account the support for the development of smart cities. The article includes theoretical and empirical research. The adopted criteria for assessing the architecture of IT systems relate to barriers to the implementation of the digital economy in smart cities and the guidelines of international data strategies. The evaluation covered, among other things, cybersecurity and the effectiveness of organizing, storing, and producing new information. The research results allowed us to identify the key factors of Big Data processing efficiency. Based on the research results, an effective model of Big Data processing in organizations was developed. In particular, various data models were analyzed as one of the main elements of software architecture of information systems. The research also focused on data processing techniques such as data warehousing, machine learning, and distributed computing. The efficiency factors of IT systems identified in the research reduce barriers to developing global data strategies and smart cities.
This paper focuses on social distancing and organisational learning of institutions in the post-pandemic crisis. The empirical material consists of in-depth interviews with cultural managers. Data analysis was framed within a qualitative grounded theory methodology as a dynamic, intuitive and creative process of inductive reasoning, thinking and theorizing. The data were subsequently assigned into categories of identified themes or topics compiled in the study. The coding process yielded over 160 concepts, of which 140 relevant ones were eventually used, creating a total of 6 categories: (1) privacy and security; (2) social distancing; (3) identity; (4) learning and support; (5) digitalization; (6) initiative and autonomy. The core category that emerged from these six categories is security, social networks and organisational sustainability. So as to analyse the chosen problems authors use a philosophical and sociological approach, that is based mainly on criticism of writing and the analytical and synthetic method. This study describes the phases of organisational learning and reveals turning points in understanding the future implications of events critical to the creation of new context-specific knowledge initiated during the COVID-19 pandemic. Inspired by research that has demonstrated the positive effects of focus on employees’ wellbeing and cognitive performance in change management, the current research aims to explore the social background of structural changes. This reasoning is rooted in the analysis of several mediating concepts such as social distancing, experience, language, social interaction and perspective taking. The outcomes of the research are significant as they provide recommendations that target crucial issues of organisational changes and barriers during the crisis situation understood in terms of disaster management.
The purpose of the study is to review the foreign practice of operating representative offices in Russia and other countries, develop criteria for their performance evaluation. The methodological framework of the study is based on the review and analysis of the existing mechanisms for evaluating performance of representative offices of foreign companies. in this study, general research methods are used: methods of empirical research, monographic method, structural-logical method, methods of multidimensional classification. For many economies, entrepreneurship is the major driving force behind economic growth. Small businesses create employment opportunities and improve the quality of people’s lives, which in turn favorably affects the country’s own development. Entrepreneurship is a powerful mechanism to reduce unemployment, which is one of the pressing issues of today. The originality and novelty of the study rely on the need to formalize and implement a systematic approach to governmental support of entrepreneurship throughout all business areas in Russia. It will positively affect the development of the economy in general and the efficiency of entrepreneurship in particular.
In impending decades Industrie 4.0 will challenge us in how to re-invent jobs in a world where machines will take our jobs. Although plenty of research has been carried out on the strategic importance of resources, capabilities, and boundaries where knowledge must be shared and assessed, no studies have been found which looking on strategic factor analysis for understanding how prepared we are for the fourth industrial revolution. Therefore asking the central research question “Is our strategy ready for the fourth industrial revolution?” Comparing the strategically related general and significant categories and subcategories of Industrie 4.0, with the strategic factor analysis summary themes and most important subcategories from firms in Estonia (n = 123), allowed answering the central research question that our strategy is only partly ready for the fourth industrial revolution. But the results of this study indicate also that we are ready in employee development, values, flexible services and products, high quality target, customer orientation, and strategy. Proposed solutions to overcome low profitability, lack of qualified manpower, and growth, could be expanding the market share into new markets, and development of innovative services. In order to be prepared for the fourth industrial revolution the development of a strategic knowledge vision is needed.
Due to a dynamic environment, human resource competency evaluation and factors influencing its outcome are in constant change. Evaluation of human resource competency and factors influencing its quality are widely discussed subjects in scientific literature with ample controversial viewpoints. Various definitions, points of view and models makes it difficult to choose the best option when evaluating human resource competency and may be the source of the following problem: how to know that the chosen competency evaluation method will convey reality and deliver objective results that could be used as a basis for human resource development related decision making in the future. This study analyses different scientific views on the human resource competency evaluation process. The purpose of this study is to develop a conceptual model for competency evaluation of professional military service in the Lithuanian armed forces that would allow for human resource potential evaluation and form a basis in human resource development related decision making processes in organization. Multiple criteria assessment methods were used for identification and evaluation of factors influencing human resource competency. As a result of conducted research, authors developed the conceptual complex model for competency assessment of professional military service in the Lithuanian armed forces, which enables objective identification of human resource competency influencing factors and forms the foundation for decisions related with development of human resources in organization.
The present article is to examine benefits of social capital for innovation capabilities in the modern business world. First of all, the concept of social capital and its role are defined referring to a set of scientists’ interpretations on social capital and economic/ social development. This chapter allows an ingenious acknowledgement of the added-value of social capital to companies. The main patterns of innovation capabilities are revealed, followed by the methodology and research results presented. The paper emphasizes social capital as a driving factor for organizations while conducting innovations. In line with such elements of social capital as trust, social networks and norms that emerge as the driving factors within the literature review, the research, based on the Global Entrepreneurship Monitor (GEM) methodology, mainly focuses on three elements of social capital: trust, norms and networks in Lithuanian companies. The research question: how such social capital elements as trust, norms and networks help organizations to innovate sustainably.
The aim of the present article is to investigate the role of sustainable innovation strategies on competitive advantages of Lithuanian biotechnology companies. The entire Lithuanian biotechnology market is targeted via the conduction of semi-structured qualitative interviews, consecutively carried out in 2011 and 2012. The methodological solution to introduce the time perspective in the research elucidates the importance of the sustainability in innovation processes as there could be the progress and the continuity in the implementation of innovation strategies observed among sample companies. There is the increasing number of discussions about innovations and the performance of organizations. The success of an innovative activity depends on the complex of human and financial resources, organizational, managerial, technical and other factors. Though competitive advantages cover a vast spectrum of aspects, they all are inter-related and dependent on a great number of factors and measures. The innovation strategy could help to reach target results and to provide a synergy effect. Main reasons for the creation and deployment of innovations should also be the increasing competition, rapidly evolving technology and changing consumers’ expectations. Such factors as the human capital emerges as the key driver of high-tech industries because people involved in innovative activities are characterized by their competencies, motivation and willingness to act in different circumstances. It should not be forgotten the importance of the continuity of innovation processes and long-term strategic directions. The research question: are sustainable innovation strategies necessary for competitive advantages of Lithuanian biotechnology companies? Firstly, there is the concept and classification of innovations presented; it is continued by the revelation of main features of innovation management and success factors of the commercialization of innovations. These chapters are followed by the identification of companies’ competitive advantages and the analysis of sustainable strategic human resource management. Finally, there are main characteristics of the biotechnology sector underlined and the research (2011 and 2012) results on a sustainable development of competitive advantages via the innovation strategy presented.