FDI, R&D and human capital in Central and Eastern European countries

2008 ◽  
Vol 20 (3) ◽  
pp. 317-345 ◽  
Author(s):  
Cristiano Perugini ◽  
Fabrizio Pompei ◽  
Marcello Signorelli
Keyword(s):  
Human Capital ◽  
European Countries ◽  
Eastern European ◽  
Eastern European Countries

scholarly journals Human Capital in Digital Economy: An Empirical Analysis of Central and Eastern European Countries from the European Union

2021 ◽  
Vol 13 (4) ◽  
pp. 2020
Author(s):  
Adriana Grigorescu ◽  
Elena Pelinescu ◽  
Amalia Elena Ion ◽  
Monica Florica Dutcas
Keyword(s):  
European Union ◽  
Human Capital ◽  
Global Economy ◽  
Fixed Effects ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
Technology Talent ◽  
Eastern European Countries ◽  
The Impact

The hypercompetitive global economy of the 21st century is a hub of innovation, technology, talent, skills, speed, efficiency, productivity, and satisfaction. Within this context, the organizations are looking intensely for people with skills and talents that can differentiate themselves in all that noise. The human capital became slowly but surely a mean of efficiency and growth, especially through the premises of digitization, and a key issue of sustainability. The current research is meant to identify and highlight any correlations that might appear between the population’s welfare of 11 Central and Eastern European Countries (CEECs) which are members of the European Union (EU), and the components of the digitization trend, including the new human cloud industry, ICT, and the connectivity to the Internet of Things. In order to achieve the needed insights, the multiple regression analysis was employed, and the latter tested the panel models with fixed effects, both from a temporal and country perspective. The results showcased a positive connection between the dependent and independent variables, confirming that the digitization of the economy and the developed human capital will ultimately lead to the increase of population’s welfare. Moreover, the findings are consistent with specific insights for each of the 11 CEECs, showing that digitization and the influence of human capital is differentiated across the latter in terms of their overall effect and amplitude. The research is limited by the timeframe and countries included in the study, and it can be furthered by determining the impact of digitization on the economies of the EU28 countries grouped by level of development, and by using other significant indicators for analysis.

scholarly journals Capital Structure Impact On The Human Capital Investment: Eastern European Countries Case

2021 ◽  
Vol 9 (8) ◽  
pp. 235-252
Author(s):  
Imen KHOUJA ◽  
Sina BELKHIRIA ◽  
Ons TLILI
Keyword(s):  
Human Capital ◽  
Capital Structure ◽  
Capital Investment ◽  
Investment Decision ◽  
Human Capital Investment ◽  
Bank Loans ◽  
European Countries ◽  
Eastern European ◽  
Eastern European Countries ◽  
The Impact

Among growth factors of a company, its human capital, because of its hardly imitable trait. However, investing in human capital is intangible and risky, which makes its funding arduous. This article considered the impact of the company’s capital structure on the human capital investment decision through training using probit regressions. Among a sample of SMEs from 24 Eastern European countries, the results confirmed that bank loans foster trainings. However, an increase in self-financing slows down such investments.

Institutional Efficiency, Entrepreneurship, and the Premises of Economic Development in the Eastern European Countries

2019 ◽  
Vol 64 (2) ◽  
pp. 12-32
Author(s):  
Augustin Ignatov
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
European Countries ◽  
Eastern European ◽  
The European Union ◽  
Innovation Potential ◽  
Long Run ◽  
Red Tape ◽  
Eastern European Countries ◽  
Development Gap

Abstract The development gap between the “Old” and “New” member countries of the European Union is an important problem challenging the efficiency and strength of the European single market. In this regard, a subsequent question arises: which actions in the policy making must be undertaken, by both national and supranational authorities, to stimulate cohesion in the EU and which directions should be followed? The present paper tries to answer this question considering the perspective of the Eastern European nations and their economic development premises analysing the aspects of governmental participation in the economy and the influence of entrepreneurship upon long run competitiveness. The research results explicitly underline that entrepreneurship in the Eastern European nations is a determinative driver of long-term economic competitiveness due to its favourable impact upon the formation of human capital, enhancement of innovation potential and overall intellectual resources of nations. The effects of governmental participation in the economy upon the economic growth premises are heterogeneous including on the formation of physical and intellectual capital. Consequently, it was reached the conclusion that the Eastern European Nations should prioritise entrepreneurship since it is capable of boosting human capital creation and, at the same time, they should improve the institutional quality to minimise the factors undermining the business including corruption and red-tape, etc. In such a way, the Eastern European countries can overcome, in the long run, the development gap with the Western EU states and raise their economic potential.

scholarly journals Global Flows, Local Conditions and Productivity Spillovers: The Case of the Central and Eastern European Countries

2020 ◽  
Author(s):  
Andrea Éltető ◽  
Maite Alguacil
Keyword(s):  
Human Capital ◽  
Sustainable Growth ◽  
European Countries ◽  
Eastern European ◽  
Capital Goods ◽  
Productivity Spillovers ◽  
Local Conditions ◽  
Fdi Inflows ◽  
Global Flows ◽  
Eastern European Countries

The evolution of labour productivity in an economy can be affected by technology transfer through international linkages, as this permits the incorporation of innovation and automation intensive capital goods into the local productive system. Globalization may be an opportunity to promote sustainable growth – within the industry 4.0 framework – in economies with low levels of innovation or automation. In this paper, we analyse the role of global flows and local conditions for a sustainable productivity growth in the EU member states of Central and Eastern Europe. We focus on the imports of capital goods and foreign direct investment (FDI) inflows as main drivers of technology diffusion and productivity spillovers. As productivity also depends on the local capacity for technology adoption, in this work, we control for domestic factors, such as the domestic investment, R&D expenditure, levels of human capital and the quality of local institutions. Our estimates based on panel data models for 2000-2018, confirm that capital imports have been productivity enhancing in Central and Eastern European countries. Evidence that FDI inflows have a positive influence in the transmission of technology is vague or insignificant according to our model. Finally, our estimates show that countries with higher R&D spending, stronger institutions and higher physical and human capital endowments enjoy higher productivity gains

Knowledge about basic life support in European students

2014 ◽  
Vol 155 (21) ◽  
pp. 833-837 ◽  
Author(s):  
József Marton ◽  
Attila Pandúr ◽  
Emese Pék ◽  
Krisztina Deutsch ◽  
Bálint Bánfai ◽  
...  
Keyword(s):  
Basic Life Support ◽  
Life Support ◽  
European Countries ◽  
Eastern European ◽  
Knowledge And Skills ◽  
European Students ◽  
Western European ◽  
Eastern European Countries ◽  
European Youth

Introduction: Better knowledge and skills of basic life support can save millions of lives each year in Europe. Aim: The aim of this study was to measure the knowledge about basic life support in European students. Method: From 13 European countries 1527 volunteer participated in the survey. The questionnaire consisted of socio-demographic questions and knowledge regarding basic life support. The maximum possible score was 18. Results: Those participants who had basic life support training earned 11.91 points, while those who had not participated in lifesaving education had 9.6 points (p<0.001). Participants from former socialist Eastern European countries reached 10.13 points, while Western Europeans had average 10.85 points (p<0.001). The best results were detected among the Swedish students, and the worst among the Belgians. Conclusions: Based on the results, there are significant differences in the knowledge about basic life support between students from different European countries. Western European youth, and those who were trained had better performance. Orv. Hetil., 2014, 155(21), 833–837.

Central and Eastern European states in global production linkages: country-level and sector-level analysis

2017 ◽  
pp. 38-60 ◽  
Author(s):  
Ewa Cieślik
Keyword(s):  
Global Value Chains ◽  
Jel Classification ◽  
European Countries ◽  
Value Chains ◽  
Eastern European ◽  
Large Share ◽  
Country Level ◽  
Western European ◽  
Eastern European Countries ◽  
Level Analysis

The paper evaluates Central and Eastern European countries’ (CEEs) location in global vertical specialization (global value chains, GVCs). To locate each country in global value chains (upstream or downstream segment/market) and to compare them with the selected countries, a very selective methodology was adopted. We concluded that (a) CEE countries differ in the levels of their participation in production linkages. Countries that have stronger links with Western European countries, especially with Germany, are more integrated; (b) a large share of the CEE countries’ gross exports passes through Western European GVCs; (c) most exporters in Central and Eastern Europe are positioned in the downstream segments of production rather than in the upstream markets. JEL classification: F14, F15.

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