The article aims to present financial analysis in determining the possibilities of human capital development, i.e., increase in the value of an enterprise through development of human capital. The market value of an enterprise is to a large extent dependent on its intellectual capital, including human capital. It may be said that human capital constitutes a ground for an enterprise’s development through work, creativity in operation, adjustment to a fast-evolving environment. Emphasizing the importance of the above content, as “hidden” assets of the enterprise, human capital is not fully included in the company’s financial reporting. Despite the often enormous intangible contribution into preparation, use of complex methods for selecting the right employees, implementation of an incentive system, performance evaluation and staff development, organizational procedures that absorb a series of activities to ensure growth of the company’s value and which should be included in its financial statements, are underestimated.
The article considers the problem of forming the vector of economic development on the principles of sustainable development and social economy. State security is based not only on successful economic development, but also on maintaining a balance of social interests. Social entrepreneurship is contrary to social stratification and confrontation in society. As an empirical basis for this direction of development, the authors explore the segment of non-profit organizations with constant income and organizations providing services in the social sphere of Kazakhstan. In the absence of an official definition of social entrepreneurship, these types of socially oriented activities most fully implement the principles of sustainable development, while at the same time forming economic and social value. The results of a sociological study reveal the microscopic extent of this phenomenon in Kazakhstan, and the overwhelming array of respondents focuses on the system of institutional support for social entrepreneurship. The authors developed recommendations on the regulatory legal status of social entrepreneurs and the main directions of their institutional support. Particular attention is paid to the development of intersectoral and intra-sectoral ties in the development of social entrepreneurship. The emphasis is on the accelerator model, as the most productive form of support, which has a network nature and is based on coordination mechanisms between the state and non-state actors. The formation of a full-fledged institutional environment will ensure the stability and progression of the economic development of socially oriented activities and create a critical mass of entities acting on the principles of sustainable development in the unity of economic and social values of social development.
Vietnam is still classified as a low-income country with GDP per capita at 2,587 USD in the year 2018, as per the classification by World Bank Atlas method. Therefore, industrialization is set as an appropriate policy for economic development. In Vietnam, industrial zone establishment is planned, developed and controlled by the state in order to accelerate the industrialization process. This article discusses about the importance and impact of industrialization and ongoing internal migration, as a result of industrial development, on socio-economic development by reviewing the relationship among them using multivariate statistical and comparative research methods. Case study research methodology has also been used by the researchers to examine the positive and negative impacts of immigration on infrastructure of destination locality. The article presents the statistical data and the practical experience gained in Binh Duong province which has a huge number of industrial zones and with highest in-migration rate in the country; a detailed analysis of the challenges faced by local governments is presented with the appropriate recommendations for policymaking.
The article deals with the development of one of the service sectors, which is considered an element of the economic basis of the post-industrial development stage. The author considers the main indicators of the sector growth in the most competitive OECD countries, as well as compares the main macroeconomic structural and dynamic indicators of business and professional services in the USA and Kazakhstan, which made it possible to identify the main positions of Kazakhstan’s lag. A comprehensive analysis of the dynamics and structure of the development of post-industrial services in Kazakhstan was carried out in all the significant parameters of the development of the types of services of this group that are available in domestic statistics. This made it possible to identify a group of development leaders; activities characterized by stability and a high market share, but weak dynamics; shrinking sectors. The negative trends in the development of the post-industrial services sector, determined as a result of the analysis and assessment, allow us to form a vision for further steps to develop them.
New ways of communication open up new possibilities to understand groups, organizations and leaders. Leaders lead groups and organizations thus groups and organizations are reflections of their identity. The way people communicate in a group or organization reflects of how the members see themselves in the organization. Identity of each member is expressed by his or her self-perception, self-image, self-reputation, self-competences thus is not only recognized by others, but each member recognizes the others’ too. As the dynamic context of reality leads to one or another type of interrelations as well as it inevitably impacts leadership practices at organization therefore research of reciprocity between leaders and other members at organizations is very important and timely. It is significant to research how people communicate to develop and maintain certain reciprocity and exactly how much, observing their interaction, could be possible to describe the environment and the people themselves. The research findings indicate that new paradigm leadership should be perceived as dynamic process resulting from interaction of people within organization and is clearly dependent on the context, and even more – on each participant identity expressed by self-competencies and on people’s relations.
The article sums up some results of the studies devoted to the socialization of the economy in the aspect of the reduction of threats to national security. The following research objectives were defined by the authors: an attempt to estimate the role of such functions of social economy as concern for public health, reduction of social and economic inequality, increase of social cohesion and trust that is most fully reflected in the phenomenon of social capital. A special place is given to the assessment of the manifested implementation of socialization of economy on the examples of Latvia and Ukraine. As arguments, the authors use both their own empirical studies and the data of national and international analytical and statistical institutions. The carried out analysis provides a clearer vision of the model of strengthening the socialization of economy in the aspect of ensuring national security with emphasis on economic security. Weak realization of the socialization of economy inevitably leads to an increase in social-economic inequality of population, when along with economic inequality other components of aggregate capital can serve the main catalyst for this negative process. For different countries at different times these components of aggregate capital are very specific. In some cases, the dominant threat is health capital, in others – the human (vocational and educational) capital. The proposed model reflects both the theory of aggregate capital as a methodology for analysis of the interconnection between social economy and security and the role of social capital as an important indicator of inequality, and, at the same time, the most important indicator of stability and security.
This paper is focused on the current state of opinions and positions on issues of education and development of commanders within the Lithuanian and Austrian Armed Forces. The contribution presents the results of a questionnaire survey entitled „Analysis of current situation, opinions and attitudes to the issue of education and development of military commanders (managers) of chosen subjects in subordination of the National Defence System of Lithuania“and „Analysis of current situation (opinions, attitudes) of the issue of education and developmet of managers (military leaders) of chosen subjects in subordination of the Austrian Armed Forces“. The selected areas provide a current overview of the opinions and attitudes of the views of awareness and opportunities for consultation, development of managerial skills and leadership managing at the beginning effect on the function, development needs, barriers, educational and development activities attendance and integration of new elements to training. Attention is paid to the methodology of Crew Resouce Management from a civilian and military point of view, its history, focus, aplication, etc. This paper focuses on the use of CRM at United States Navy and Marine Corps, United States Air Force, United States Army, United States Coast Guard and other world´s military services.
Regional economic performance is positively linked to entrepreneurship capital because it creates new direction for public policy that focuses on instruments to enhance entrepreneurship capital. However, studies related to Entrepreneurship and Innovation had somewhat established a disadvantage position for knowledge-intensive enterprises located in rural area.
The EU Smart Specialization approach supports the promotion of innovation activities in regions and embraces the concept of open innovation, not just investment in R&D but a system approach that exploits complementarities, promises high potential, are new and aimed at experimenting and discovering technological and market opportunities that can provide learning spill overs to other economy.
This paper present a case study of an Estonian production company for Maritime function wear. This example reveals that despite the fact that the company’s headquarters is located in Western Estonia countryside (peripheral part of Europe and rural part of the country) an enterprise can gain the position of an international market leader based on inter-regional operations. The discussed model highlights how high – tech enterprises can benefit from different smart specialization strategies in different regions by implementing organizational innovation strategies. The underlying business concept and its related success factors, exhibits strong affinities with the concept of smart production and logistics in relationship with fractal enterprises, paved way for a sustainable development and demonstrated that even in rural areas high – tech entrepreneurship can be successfully implemented.
The paper aims to study how coaching can accelerate the innovation processes in organization considering the peculiar issues of the use of coaching in Latvia and Lithuania. For this purpose, literature review and a qualitative dominated mixed method approach to obtain and analyze the data are implemented. A literature review was undertaken to find out the current trends in the theory and practice of coaching in the context of innovation and organizational change. The findings of the literature review are compared with the results of two surveys. The aim of the first survey is to explore the experts’ opinion about the manifestation of coaching in organization. The aim of the second survey is to find out the importance of conditions to promote coaching in organisational context. The results of literature review and surveys demonstrate that coaching can accelerate the leadership development, strategic thinking and collaboration within and across teams. These processes are crucial for organization’s innovation capabilities.
Agricultural extension services being provided predominantly by public agencies in the developing world have contributed to quantum jumps in food production in countries like India. However, these services have failed to eliminate persistent structural poverty among a significant proportion of the farmer households. Part I of the paper summarizes generic problems that have so far persisted in the provision of agricultural extension services in various developing countries (including India) as given in the published literature. It then brings out various elements of the reform processes that are being recommended and implemented in developing country programmes by various donor agencies, like the World bank, FAO, GTZ, etc.
Part II of the paper carries out in brief SWOT analyses of the Indian silk industry. It also highlights the organization and functions of the various infrastructure of the central and state government agencies providing extension services for the sericulture industry. It then critically examines as to how this infrastructure and services are geared to mitigate the weaknesses and threats and exploit the strengths and the opportunities of the sector. Based on this the framework of extension services reforms outlined in Part I of the paper is applied to formulate recommendations on the reorganization of this infrastructure for its better cost-efficiency and effectiveness.