scholarly journals Towards a smart, inclusive and sustainable development. Investment in human capital and innovation. An empirical analysis

2019 ◽  
Vol 13 (1) ◽  
pp. 792-803 ◽  
Author(s):  
Emilia Herman ◽  
Marta-Christina Suciu
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Developed Countries ◽  
Economic Policies ◽  
The European Union ◽  
Main Research ◽  
Correlation And Regression Analysis ◽  
Main Determinants ◽  
Human Capital Index ◽  
The Eu

Abstract The importance of a smart, inclusive and sustainable development as well as their main determinants had benefit in the last decades of an emergent attention both in the current evolution of the mix set of socio and economic policies as well as in the theoretical and empirical research development. The paper focuses on the role of investments in human capital and innovation, two closely interrelated variables, for a smart, inclusive and sustainable development, within the European Union countries. Our main research results show that, at the EU level, there are significant differences between less inclusive and sustainable developed countries and, correspondingly, between more inclusive and sustainable developed countries in terms of investments in human capital (expressed by the Global Human Capital Index and tertiary educational attainment), on one hand, and the national innovation systems performances (as illustrated by the Summary Innovation Index and R&D intensity), on the other hand. Moreover, the correlation and regression analysis results suggest that existing gaps between inclusive and sustainable development, manifested at the EU level, can be explained by the level of human capital optimization and innovation performances. Therefore, more attention have to be paid to take some specific actions, especially in the less inclusive and sustainable developed countries (such as Romania, Greece, Spain, and Portugal, called also emergent countries) in order to improve innovation performance and the leverage of the human capital for the benefit of both individuals’ themselves and of the whole economy for increasing the inclusiveness and sustainability of development.

scholarly journals Success Factors of Startups in the EU—A Comparative Study

2020 ◽  
Vol 12 (19) ◽  
pp. 8200
Author(s):  
Eulalia Skawińska ◽  
Romuald I. Zalewski
Keyword(s):  
Human Capital ◽  
Success Factors ◽  
Emerging Market ◽  
Developed Countries ◽  
The European Union ◽  
Key Success Factors ◽  
Catching Up ◽  
Market Needs ◽  
Strategic Success ◽  
The Eu

The paper focuses on key success factors of startups in the European Union. Startup companies have a massive potential to boost the level of innovation and competitiveness of national economies. They are also uniquely equipped to provide extremely effective and flexible ways of meeting both existing and emerging market needs. However, the development of these microventures differs from country to country. Hence, we put forth a hypothesis that strategic success factors in the development of startups vary in highly developed and catching-up countries. Our main goal was to determine the key success factors of startups in the EU, and to classify the gap between developed and lagging Member States. For this purpose, we applied the method of component analysis on startup data available for selected the EU states. We managed to isolate 5 components explaining 72% of data variability, all of which can be linked to human capital as well as to formal and informal economic institutions. The results confirmed the validity of our hypothesis. We established that more developed countries offer an institutional competitive advantage to startups, while the gap in success factors between highly developed and catching-up countries can be attributed to human capital and to institutions. Based on our findings, we offer suggestions how to reduce this gap by improving formal and informal institutions via innovative public policy and by supporting education.

scholarly journals Features of the European Union countries digitalization in the conditions of globalization

2021 ◽  
pp. 46
Author(s):  
Alla Samoilenko
Keyword(s):  
Human Capital ◽  
Information Technologies ◽  
Developed Countries ◽  
Digital Economy ◽  
The European Union ◽  
Professional Career ◽  
Eu Countries ◽  
The World ◽  
National Economies ◽  
The Eu

Introduction. Developed countries began to digitize their national economies resulting in transformation of human capital with digital and information technologies by making new demands on education. Transformational changes in the conditions of the world society development in the context of globalization put forward the need to reform the system of training, retraining and advanced training, as well as to promote the development of human capital creative abilities in accordance with the needs of the digital economy.The purpose of the study is to provide a scientific bases for the definition of the «digital economy» concept and to distinguish its key components, to outline the digitalization features and identify «digital gaps» in the EU countries using the Index of Digital Economy and Society (DESI).Methods. According to the purpose of the study, modern scientific methods of cognition were used, in particular: general scientific research methods (logical analysis, theoretical grounding, ascent from abstract to concrete, formalization and generalization), as well as the method of statistical observation.Results. The article presents the author’s views on the interpretation of the “digital economy” concept which allowed detailing the individual properties and structural elements of the digital economy. Based on the research by the Organization for Economic Co- operation and Development (OECD), three main components of the digital economy are presented. The infrastructure of the digital economy is identified with market and planning approaches. Using the DESI Index on the example of EU countries, an analysis of five key components was performed, including communications, human capital, the Internet use, integration of digital technologies and digital public services. The current state of digital economy in the EU countries was also presented. The author emphasizes the importance of governments role and their prudent policy to motivate the population to use digital and information technologies, to increase awareness in this area and the overall level of country digitalization.Discussion. The success of the country in the digital economy development will further depend on the national digital and information capabilities, the development of internal infrastructure, the readiness of society for transformational changes, dictated by globalization. The necessary legal framework of the digital economy, balanced state strategies for IT development, formation of the potential for professional skills development and basic ICT literacy, as well as professional career in the information field will result in positive changes in national economies under context of digitalization.Perspectives. Prospects for further research include the need for statistical analysis of the digital economy key components in the regional context of the world countries, actions ranking and sequencing in the theoretical and methodological support of measures to enhance the use of digital and information products by countries.

scholarly journals Certain Power Aspects of Sustainable Development of Russia and the European Union

2021 ◽  
pp. 207-219
Author(s):  
S. L. Kalachev ◽  
I. A. Makhotina
Keyword(s):  
Sustainable Development ◽  
Power Efficiency ◽  
Power Saving ◽  
Developed Countries ◽  
Information Support ◽  
Digital Information ◽  
The European Union ◽  
Power Efficient ◽  
Normative Documents ◽  
The Eu

The article shows elements and key principles of the concept of sustainable development and points out to steps made by Russian and the EU targeted at introducing the concept within the frames of state functioning. The authors provide information about the latest changes in state policy in the field of ecologic development of Russia and characterize the course in the sphere of sustainable ecologic development. In the system of sustainable development indicators the authors identify such power figures as consumption of power resources and emission of used gases, for instance CO2 to the atmosphere. Statistics concerning the amount of power resource consumption and air pollution by CO2 emissions in developed countries was included in the article. Principle normative documents used to regulate power optimization and power efficiency in Russia, EAEC and the EU were analyzed. The EU experience dealing with digital information support of customers aimed at improving power efficiency was studied and data of electric power saving and cutting CO2 emission stipulated by EU directives was also considered. Examples of steps meant to motivate power efficient habits of the population in the Russian Federation were given

TERRITORIAL COHESION POLICY IN THE CONTEXT OF EU REGIONAL SECURITY

2019 ◽  
Vol 18 (Vol 18, No 4 (2019)) ◽  
pp. 439-453
Author(s):  
Ihor LISHCHYNSKYY
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Regional Security ◽  
The European Union ◽  
Cohesion Policy ◽  
Cross Border ◽  
Territorial Cohesion ◽  
Interregional Cooperation ◽  
The Eu

The article is devoted to the study of the implementation of territorial cohesion policy in the European Union in order to achieve a secure regional coexistence. In particular, the regulatory and institutional origins of territorial cohesion policy in the EU are considered. The evolution of ontological models of cohesion policy has been outlined. Specifically, the emphasis is placed on the key objective of political geography – effectively combining the need for "territorialization" and the growing importance of networking. The role of urbanization processes in the context of cohesion policy is highlighted. Cross-border dimensions of cohesion policy in the context of interregional cooperation are explored. Particular emphasis is placed on the features of integrated sustainable development strategies.

scholarly journals New Plant Breeding Technologies: An Assessment of the Political Economy of the Regulatory Environment and Implications for Sustainability

2021 ◽  
Vol 13 (7) ◽  
pp. 3687
Author(s):  
Vincent Smith ◽  
Justus H. H. Wesseler ◽  
David Zilberman
Keyword(s):  
Political Economy ◽  
Sustainable Development ◽  
Development Policy ◽  
Regulatory Environment ◽  
The European Union ◽  
Policy Makers ◽  
International Policies ◽  
Modern Biotechnology ◽  
The Impact ◽  
The Eu

This perspective discusses the impact of political economy on the regulation of modern biotechnology. Modern biotechnology has contributed to sustainable development, but its potential has been underexplored and underutilized. We highlight the importance of the impacts of regulations for investments in modern biotechnology and argue that improvements are possible via international harmonization of approval processes. This development is urgently needed for improving sustainable development. Policy makers in the European Union (EU) in particular are challenged to rethink their approach to regulating modern biotechnology as their decisions have far ranging consequences beyond the boundaries of the EU and they have the power to influence international policies.

Development of European Union and joining perspective of Croatia

2007 ◽  
Vol 13 (2) ◽  
pp. 507-514
Author(s):  
Ivan Vuković
Keyword(s):  
European Union ◽  
Monetary Policy ◽  
Security Policy ◽  
Technological Development ◽  
Developed Countries ◽  
European Countries ◽  
The European Union ◽  
Demographic Development ◽  
The World ◽  
The Eu

In this paper we researched European Union starting with the Agreement from Maastrich from year 1992, even though the European Union has a long traditional history and its origin is founded on regulations of economical integrations in Europe beginning from the 1950’s through the Roman treaty from year 1957 and the forming of the European Union Committee in year 1965. Further we follow her expansion and introduction of the European economic and monetary policy, to last, the joining perspective of Croatia. According to the Agreement from Maastrich, European Union lies on three posts: 1) Legal-political and regulative post, 2) Economical post, where the forming of European economical and monetary policy is in the first plan, especially the introducing of Euro as the unique European currency, 3) Post of Mutual foreign security policy within European Union. In that context we need to highlight the research conducted here and in European Union, including the world, regarding development of European Union and its economical, legal, political and cultural, as well as foreign diplomatic results, which are all perspectives of European Union. All the scientists and researches which were involved in exploring the development of EU with its modern tendencies and development perspective, agree that extraordinary results are achieved regards to economical, legal, political, foreign-security and diplomatic views, even tough many repercussions exist in progress of some particular members and within the EU as a whole. The biggest controversy arises in the perspective and expanding of European Union regarding ratification of the Constitution of EU from particular country members, but especially after the referendum was refused from two European countries, France and Netherlands. According to some estimates, the Constitution of EU would have difficulty to be adopted in Switzerland and some other Scandinavian countries, but also in Great Britain and other very developed countries. However the European Community and European Union were developing and expanding towards third European countries, regardless of Constitutional non-existence, where we can assume that if and when the Constitution of EU will be ratified, the EU will further develop as one of the most modern communities. This will enable economical development, especially development of European business, unique European market and free trade of goods and services, market of financial capital and labour market in free movement of labour. Being that EU has become one of the most largest dominating markets in the world, it offers a possibility to all new members to divide labour by using modern knowledge and high technology which insure economical, social and political prosperity. This results to forming a society of European countries which will guarantee all rights and freedom of development for all nations and ethnic groups. As well as, all European countries with somewhat less sovereignty, but in international relations will be stronger and significant, not only in sense of economics, but also in politics and military diplomatic relations. Therefore, Croatia has no choice and perspective if she does not join the European Union till year 2010, but until than it needs to create its strategy of economical and scientific-technological development, including demographic development, which will insure equal progress of Croatia as an equal member of European Union.

scholarly journals Exploring cross-border cooperation in Eastern Europe: What kind of initiatives have developed in the Romanian-Hungarian border area?

2021 ◽  
Vol 18 (2) ◽  
pp. 35-43
Author(s):  
Elena Grad-Rusu
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Living Standards ◽  
Special Focus ◽  
The European Union ◽  
Border Area ◽  
Cross Border ◽  
Funding Sources ◽  
Cross Border Cooperation ◽  
The Eu

Since the beginning, the European Union has believed and promoted the idea that an increase in cross-border cooperation contributes to enhanced European integration. This means that cross-border cooperation supports sustainable development along the EU’s internal and external borders, helps reduce differences in living standards and addresses common challenges across these borders. The aim of this paper is to examine the cross-border initiatives between Romania and Hungary with a special focus on the INTERREG projects, which have provided new sources of funding for cross-border activities and regional development in the RomanianHungarian border area. In this context, the cooperation has intensified in the last two decades, especially since Romania joined the EU in 2007. The research proves that cross-border projects and initiatives represent an important source of funding for this type of intervention, when no similar funding sources are available.

scholarly journals MACROECONOMIC STABILITY AND SOCIAL PROGRESS IN THE EU MEMBER STATES AND UKRAINE

2018 ◽  
Vol 4 (1) ◽  
pp. 53-64 ◽  
Author(s):  
Oleksii Lyulyov
Keyword(s):  
Human Capital ◽  
Social Factors ◽  
Least Squares Method ◽  
Social Progress ◽  
Integral Index ◽  
Eu Member States ◽  
Human Capital Index ◽  
The Impact ◽  
The Eu ◽  
Macroeconomic Stability

The main purpose of the study is the role and influence of social factors on macroeconomic stability. The research is based on the hypothesis that countries with greater macroeconomic stability achieve greater social progress. The integrated index of human capital is proposed as a target for the construction of an appropriate system for monitoring social progress, and in the future – identifying the impact on macroeconomic stability. The main stages of estimating the integral index of human capital are: identification of relevant indicators that will form each of the sub-indices; filtering the selected indicators in the previous stage based on the analysis of the correlation matrix of each of the subindices; normalization of indicators in each of the subindices, calculation of the integral index for each of the subindices, calculation of the final integral index of human capital. The calculations of the integrated capital human capital index for some of the EU countries (Latvia, Lithuania, Poland, Croatia, Romania) and Ukraine for the period 2000–2015 allowed us to conclude that Romania and Ukraine were on a marginal level of social progress, while Lithuania, Poland and Croatia in the range of moderate level. The use of the OLS (the least squares) method to determine the significance of changes in social progress to macroeconomic stability has revealed a positive and statistically significant impact of social progress on macroeconomic stability.

German Policy towards EU Enlargement

2015 ◽  
pp. 18-22
Author(s):  
F. Basov
Keyword(s):  
European Union ◽  
Developed Countries ◽  
Eu Enlargement ◽  
The European Union ◽  
Western Balkans ◽  
Eastern Partnership ◽  
Western Balkan Region ◽  
Balkan Region ◽  
The Stability ◽  
The Eu

This article is dedicated to the German policy towards the EU enlargement. Its history as well as the current German policy towards prospective enlargements are analyzed in this paper. The article offers party-political and sociological analysis of Germany`s attitude towards the EU enlargement, also the reasons for it are determined. FRG supported all of the European Community and European Union enlargements. This line is being continued, but nowadays only step to step approach is being supported. Germany‘s motives to the EU enlargement are based on the liberal concept of the common security. The main goals of this policy are the including of European countries into the Western community of developed countries (the EU), the extension of the stability and security area. The economic integration is also very important for Germany. The key priority of the EU enlargement is the Western Balkan region (the so called “Europeanisation” of Western Balkans). This process is being supported by political elites of the region and by the European Union itself. It is recognized, that the Europeanisation of Western Balkans was used as a sample for the Eastern Partnership Program. Without consideration of the Russian factor, though, this strategy towards the post-Soviet countries has many weaknesses. But the EU-membership for the Eastern Partnership members is not excluded.

Restoring the Memory

2019 ◽  
pp. 30-49
Author(s):  
Goran Ilik
Keyword(s):  
The European Union ◽  
Main Research ◽  
East European ◽  
The Balkans ◽  
European Cooperation ◽  
Balkan Region ◽  
Key Features ◽  
Balkan States ◽  
The Eu

This chapter explores the key features of the concept of postnationalism, its modes, and theoretical implications regarding the European Union. The main research intention is to explore the EU as a model and an agent for reconciliation of the Balkan region. For that purpose, the main operative elements of both the South East European Cooperation Process and “Yugosphere” are examined. At the end, it is concluded that the emulation of EU postnational model by the Balkan countries enables the process of reconciliation. Hence, the Balkan states seems to be “forced” to cooperate with each other, in order to achieve their common objective – their full integration into the EU, which strongly confirms the role of the EU as an agent for reconciliation of the Balkans.

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