The Impact of European Funds in View of Company Value Creation

2021 ◽  
pp. 1-19
Author(s):  
Nuno Miguel Teixeira ◽  
Inês Lisboa ◽  
Rui Brites ◽  
Teresa Godinho
Keyword(s):  
Strategic Management ◽  
Technological Innovation ◽  
Value Creation ◽  
Job Creation ◽  
Global Market ◽  
Frequent Change ◽  
Business Context ◽  
Company Value ◽  
Innovation Incentive ◽  
The Impact

Over the last few years, business management has become quite complex, leading to constant risks in the business context resulting from economies' globalization, not only by the frequent change in the organizations' proprietary structure, but also due to technological innovation and competitiveness in the global market. The sum of all the factors referred to above and the actual pandemic situation has substantially increased the level of risk in current or strategic management decisions taken within the scope of the organizations' activity. Thus, the aim of this research is to study the impact of EU funds on Portuguese companies by analyzing companies that have benefited from European incentives under the innovation incentive system, since it covers financing investments of global and strategic nature in productive areas. In this sense, the sample includes the companies that had projects approved in 2014 and aims to verify the impact of these incentives on the capacity of value creation, as well as on job creation and internationalization level in years of 2015, 2016, 2017, and 2018.

Internationalization, Company Value Creation, and European Funds

2021 ◽  
pp. 139-163
Author(s):  
Nuno Miguel Delicado Teixeira ◽  
Teresa Gomes Costa ◽  
Inês Lisboa ◽  
Rosa Galvão ◽  
Rui Brites
Keyword(s):  
Technological Innovation ◽  
Ownership Structure ◽  
Value Creation ◽  
Essential Role ◽  
Research Study ◽  
Business Environment ◽  
Business Success ◽  
Company Value ◽  
Market Competitiveness ◽  
The Impact

In recent years, the business environment has become increasingly complex, creating additional risks for companies to manage, resulting from globalization, technological innovation, market competitiveness, more demanding consumers, and changes in companies' ownership structure, presently also due to the pandemic situation. In dealing with this situation, EU funds should play an essential role. Thus, this research study aims to analyze the impact of EU funds on Portuguese companies, considering the companies that have benefited from European incentives under the Qualification and Internationalization Incentive System, since it is directed to financing investments in strategic areas to business success such as internationalization and innovation. Therefore, the sample includes the companies that had projects approved in 2015 and aims to show the impact of these incentives on value creation capacity, as well as employment and internationalization level in the years from 2016 to 2019.

scholarly journals The impact of success factors on the strategic management in an educational complex

2020 ◽  
Vol 9 (29) ◽  
pp. 336-346
Author(s):  
Zhaniyat B. Baltabayeva ◽  
Fatima B. Sautieva ◽  
Anna G. Skorobogatova ◽  
Olga V. Mamatelashvili
Keyword(s):  
Strategic Management ◽  
Success Factors ◽  
Cumulative Effect ◽  
Social Institutions ◽  
Social Institution ◽  
Global Market ◽  
Institutional Trust ◽  
Customs Union ◽  
Education Management ◽  
The Impact

The most important topics that have attracted attention in recent decades have been changes and transformations in education. The purpose of this study is an analytical analysis of the factors of strategic management in the field of education in the Customs Union countries, using the example of Russia and Kazakhstan. Over the past two decades, the education system of the Customs Union countries has been reorganized from education management to strategic management that focuses on the future. The authors prove that an integrated and dynamic global market in the context of a pandemic is transforming the field of education. The article analyzes the interacting elements of the educational system, since they have a cumulative effect. The work has the character of a description, the methodological aspects of the study are determined by the aspects of institutional trust in social institutions, social management, the relevance and importance of institutional trust for the effective functioning of the social institution of education, the factors that significantly affect the formation of institutional trust are considered. The authors propose to consider strategic management as the driving force of innovative programs in education with an emphasis on human resources. The authors prove on extensive material that strategic management reduces the risks of educational organizations and transforms them into new fields of opportunities.

scholarly journals Analysis of the impact of the construction sector on Colombian economy

Tecnura ◽  
2020 ◽  
Vol 24 (66) ◽  
pp. 109-118
Author(s):  
Jorge-Andrés Sarmiento-Rojas ◽  
Juan Sebastian Gonzalez-Sanabria ◽  
Carlos Gabriel Hernández Carrillo
Keyword(s):  
Global Economy ◽  
Construction Projects ◽  
Public Investment ◽  
Supply And Demand ◽  
Job Creation ◽  
Global Market ◽  
Construction Sector ◽  
Economic Sectors ◽  
Moderate Growth ◽  
The Impact

Objective: Construction is one of the fastest growing and most important economic sectors worldwide, mainly due to its impact on job creation, trade in materials and the creation of essential infrastructure for social development. However, the behavior of the global market has recently been immersed in an environment of economic and political uncertainty, causing trade and industrial production to show signs of vulnerability. Despite the unfortunate ones established in the global economy, there will be moderate growth in rankings of developing countries like Colombia in different sectors. Methodology: Consequently, this research focused on analyzing the construction sector starting from its historical impact on Colombian economic development and its relationship with external phenomena, to the evaluation of macroeconomic indicators, supply and demand for capital goods, infrastructure and job creation through the formulation of projects in this sector, which are differential for having a public investment effect in the construction of houses and civil works. Results and conclusions: Likewise, deduce a weak recovery in the general market in relation to the factors surrounding the construction sector, evaluate and focus trends and the impact on the formulation of construction projects in the Colombian economy.

Balanced Scorecard in the strategic planning of a construction company

2018 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Roberth Frias ◽  
Maria Medina
Keyword(s):  
Strategic Planning ◽  
Strategic Management ◽  
Balanced Scorecard ◽  
Organization Theory ◽  
Management Control ◽  
Management Tool ◽  
The Balanced Scorecard ◽  
Construction Company ◽  
Construction Companies ◽  
The Impact

This research focused on the strategic management tool Balanced Scorecard and strategic planning, as a guide to guide the management of companies, allowing communication and the functionality of the strategy using KPIs that allow to identify, maintain control and increase efficiency and the achievement of optimal results. For the deductive hypothetical analysis, the specific factors that affect business management performance were grouped into two variables: Balanced Scorecard and Strategic Planning. The objective of the work was to demonstrate the impact of the Balanced Scorecard in the strategic planning of a construction company. In order to support the research, the following theories were approached: the Financial Theory, the Economic Theory of the Company, the Transaction Costs, the Network Theory, the Organization Theory, the Dependence on Resources, the Strategic Management Theory and the Business Diagnosis Theory. The result obtained confirms the hypothesis that there is a significant incidence of the Balanced Scorecard in the strategic planning of construction companies. In conclusion, the construction company has obtained significant improvements in the results in each of the indicators evaluated with the implementation of the Balanced Scorecard, demonstrating improvements in their management results, affirming that there is better performance and management control allowing them to achieve the organizational objectives set.

Regional determinants in the development of the Lviv startup ecosystem

2019 ◽  
pp. 74-86
Author(s):  
Marianna Kokhan ◽  
Anastasiya Mazur
Keyword(s):  
Global Market ◽  
Scientific Development ◽  
Local Policy ◽  
It Industry ◽  
Successful Development ◽  
Corporate Universities ◽  
Regional Leadership ◽  
Focus Strategy ◽  
The Impact ◽  
The City

The article considers the concept of startups and ecosystems of startup development. It investigates the innovativeness ratings of countries and regional ecosystems of startups and the factors influencing the successful development of startups. The article considers the ranking of the best regional startup ecosystems in the world. It covers the experience of the leading regions, whose effectiveness is driven by attention to financing, networking, expanding access to markets, attracting and nurturing talents, accumulating experience and scientific development. Particular attention is given to the impact of the specialization and effectiveness of the regional focus strategy. Based on the methodology and results of the Global Startup Ecosystem Ranking 2019, authors have empirically investigated the startup ecosystem of the Lviv city. Authors described and systemized the startups operating in the city, the elements, and dynamics of the urban startup infrastructure. The preconditions for successful development of startups - financing, talents, experience, connectedness, access to markets - have been identified. The effectiveness of the activity of city authorities, the local policy of promoting the startup environment development - documents, measures and results – have been investigated. The main factors of Lviv’s regional leadership in the development of digital startups in Ukraine are: the dynamic development of the IT industry, the development of digital competencies and the concentration of talent in leading universities, the development of corporate universities and innovative infrastructure, the development of infrastructure and comfort in the city. For the development of the Lviv startup ecosystem, it is recommended to focus the efforts on further accumulation and transfer of experience, retention of talents, improvement of technology transfer systems, focusing on areas of exclusive competence while expanding access to finance and the global market.

scholarly journals Differences in Disclosure of Integrated Reports at Energy and Non-Energy Companies

Energies ◽  
2021 ◽  
Vol 14 (5) ◽  
pp. 1253
Author(s):  
Maja Piesiewicz ◽  
Marlena Ciechan-Kujawa ◽  
Paweł Kufel
Keyword(s):  
Ownership Structure ◽  
Value Creation ◽  
Energy Sector ◽  
Financial Data ◽  
Integrated Reporting ◽  
Creation Process ◽  
And Performance ◽  
Energy Companies ◽  
The Impact ◽  
Value Creation Process

Integrated reports combine financial and non-financial data into a comprehensive report outlining the company’s value creation process. Our objective is to find the completeness of disclosures, which is a crucial aspect of an integrated report’s quality. This study contributes to the integrated reporting examination by identifying quantitative and qualitative gaps when applying Integrated Reporting standards, focusing on the energy sector. We conducted the study on 57 published integrated reports of listed companies in Poland. The content of each report was examined for 49 features divided into eight areas. We identify the strengths and weaknesses of current reporting performance and the impact of the company’s sector on reports’ quality. We noted that there are significant differences among the areas. The major problems concern implementing IIRC’s framework on the connections between the business model and the organization’s strategy, risks, opportunities, and performance. Our research also noted that the level of specific disclosures might be related to a company’s ownership structure. We investigated the significance of differences among companies from the energy and non-energy sectors using statistical methods. As a result of the study, we obtained that disclosures’ completeness depends on the operation sector. The companies in the energy sector publish higher-quality integrated reports than companies in the other sectors.

scholarly journals Does the Low-Carbon City Pilot Policy Promote Green Technology Innovation? Based on Green Patent Data of Chinese A-Share Listed Companies

2021 ◽  
Vol 18 (7) ◽  
pp. 3695
Author(s):  
Jintao Ma ◽  
Qiuguang Hu ◽  
Weiteng Shen ◽  
Xinyi Wei
Keyword(s):  
Technological Innovation ◽  
Technology Innovation ◽  
Objective Assessment ◽  
Green Technology ◽  
Low Carbon ◽  
Corporate Financing ◽  
Multiple Dimensions ◽  
Low Carbon City ◽  
The Impact ◽  
A Share

To cope with climate change and achieve sustainable development, low-carbon city pilot policies have been implemented. An objective assessment of the performance of these policies facilitates not only the implementation of relevant work in pilot areas, but also the further promotion of these policies. This study uses A-share listed enterprises from 2005 to 2019 and creates a multi-period difference-in-differences model to explore the impact of low-carbon city pilot policies on corporate green technology innovation from multiple dimensions. Results show that (1) low-carbon city pilot policies stimulates the green technological innovation of enterprises as manifested in their application of green invention patents; (2) the introduction of pilot policies is highly conducive to green technological innovation in eastern cities and enterprises in high-carbon emission industries; and (3) tax incentives and government subsidies are important fiscal and taxation tools that play the role of pilot policies in low-carbon cities. By alleviating corporate financing constraints, these policies effectively promote the green technological innovation of enterprises. This study expands the research on the performance of low-carbon city pilot policies and provides data support for a follow-up implementation and promotion of policies from the micro perspective at the enterprise level.

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