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The main goal of this paper is to determine whether R&D funds are used efficiently in African countries. The innovativeness of a country’s economy is nowadays one of the key factors stimulating the economic growth and competitiveness. Becoming more innovative is important in particular for developing countries, whose governments are developing national innovation strategies (NIS) and assuming a steady increase in research and development spending. Efficient innovation policies are creating conditions for enterprise development and the increase of competitiveness of the country. A calculation of R&D spending efficiency for selected African economies for the years 2009-2017 was carried out using Data Envelopment Analysis methodology, which allows the evaluation of input-output efficiency. Public and private spending on R&D as % of GDP was the selected inputs indicator. The model examines three output indicators: the number of patent applications (per million inhabitants), high-technology exports (% of export), and number of technical and scientific journal articles (per million inhabitants). Among the analyzed countries, those on the efficiency frontier regarding the use of CRS methodology are South Africa and Tunisia. According to VRS methodology, the most efficient nations are South Africa, Tunisia, and Madagascar. The performed analysis has not confirmed our hypothesis regarding the non-proportional relation between higher R&D spending and innovation outputs. Considering limited innovation capacities across African countries, it appears to be reasonable to increase R&D expenditures gradually to achieve better results on the path toward innovationdriven growth and development.
Pavel Dobrzanski; Sebastian Bobowski; Elie Chrysostome; Emil Velinov; Jiri Strouhal. Toward Innovation-Driven Competitiveness Across African Countries: An Analysis of Efficiency of R&D Expenditures. Journal of Competitiveness 2021, 13, 5 -22.
AMA StylePavel Dobrzanski, Sebastian Bobowski, Elie Chrysostome, Emil Velinov, Jiri Strouhal. Toward Innovation-Driven Competitiveness Across African Countries: An Analysis of Efficiency of R&D Expenditures. Journal of Competitiveness. 2021; 13 (1):5-22.
Chicago/Turabian StylePavel Dobrzanski; Sebastian Bobowski; Elie Chrysostome; Emil Velinov; Jiri Strouhal. 2021. "Toward Innovation-Driven Competitiveness Across African Countries: An Analysis of Efficiency of R&D Expenditures." Journal of Competitiveness 13, no. 1: 5-22.
The paper sheds a light on the interconnections between touristic sector development and regional development in Kazakhstan. The paper covers analysis of the current competitiveness of the touristic destinations in Kazakhstan. Based on qualitative and quantitative research, the study shows that there is a huge need for a transformation in marketing communications tools in order to increase the competitiveness and image of Kazakhstani tourism. The study provides potential scenarios and solutions to increase touristic attractiveness, which would lead to enticing more investors and increase tourism capacity and potential. Also, the paper provides insights in ecotourism and the regional economy by outlining the older and newer managerial and governmental approaches in supporting the entire tourism sector in Kazakhstan.
Nurzhan Kenzhebekov; Yerlan Zhailauov; Emil Velinov; Yelena Petrenko; Igor Denisov. Foresight of Tourism in Kazakhstan: Experience Economy. Information 2021, 12, 138 .
AMA StyleNurzhan Kenzhebekov, Yerlan Zhailauov, Emil Velinov, Yelena Petrenko, Igor Denisov. Foresight of Tourism in Kazakhstan: Experience Economy. Information. 2021; 12 (3):138.
Chicago/Turabian StyleNurzhan Kenzhebekov; Yerlan Zhailauov; Emil Velinov; Yelena Petrenko; Igor Denisov. 2021. "Foresight of Tourism in Kazakhstan: Experience Economy." Information 12, no. 3: 138.
This chapter provides an overview of how global virtual teams of undergraduates and graduates from three different countries are managed in order to achieve effective teaching-learning collaboration in the area of international business. The chapter uses evidence from a case study-based program used by a network of European business schools to discover and explore best practices when forming and leading collaborative student teams, working virtually and spatially. The study of this program suggests that there are particular challenges and opportunities in managing virtually international teams of students, which were amplified during COVID times in 2020. The study relates to the global virtual world of business education, where each tertiary institution is expected to embrace and manage the adapted and future design of programs and courses, where students necessarily had to deal with a wide variety of assignments whilst working virtually during times of national lockdowns.
Emil Velinov; Juergen Bleicher; Paul L. Forrester. Creating and Managing International Virtual Teams of Students in Management Education. Practical Perspectives on Educational Theory and Game Development 2021, 124 -140.
AMA StyleEmil Velinov, Juergen Bleicher, Paul L. Forrester. Creating and Managing International Virtual Teams of Students in Management Education. Practical Perspectives on Educational Theory and Game Development. 2021; ():124-140.
Chicago/Turabian StyleEmil Velinov; Juergen Bleicher; Paul L. Forrester. 2021. "Creating and Managing International Virtual Teams of Students in Management Education." Practical Perspectives on Educational Theory and Game Development , no. : 124-140.
This paper aims to investigate the relationship between the existence of firm digitalization and firm internationalization in selected companies in the European Union (EU). The study provides evidence that upper echelon characteristics bring new competences and skills, including digital skills, which are essential for company internationalization in the modern world of turmoil, crisis and uncertainty. The research paper argues that top management team (TMT) characteristics, and particularly digitalization awareness and skills among the senior management, are critical factors for driving success in international markets and for the sustainability of the business. The dataset in this paper includes around one hundred executive and non-executive profiles in selected European countries, distributed in different industrial sectors. The empirical data have been collected from available online secondary sources on private companies in Germany, Sweden, Estonia, Latvia and Lithuania. The paper’s findings suggest that a relationship exists between TMT digitalization and firm internationalization. Additionally, the paper’s results illustrate that the companies with an on board Chief Information Officer or Chief Digitalization Officer tend to be more international in comparison to those which do not possess these two job positions in their top management.
Emil Velinov; Milan Maly; Yelena Petrenko; Igor Denisov; Vasko Vassilev. The Role of Top Management Team Digitalization and Firm Internationalization for Sustainable Business. Sustainability 2020, 12, 9502 .
AMA StyleEmil Velinov, Milan Maly, Yelena Petrenko, Igor Denisov, Vasko Vassilev. The Role of Top Management Team Digitalization and Firm Internationalization for Sustainable Business. Sustainability. 2020; 12 (22):9502.
Chicago/Turabian StyleEmil Velinov; Milan Maly; Yelena Petrenko; Igor Denisov; Vasko Vassilev. 2020. "The Role of Top Management Team Digitalization and Firm Internationalization for Sustainable Business." Sustainability 12, no. 22: 9502.
The study sheds a light on contribution to the existing literature of entrepreneurial activities related to the social business entrepreneurship by considering the business freedom of the entrepreneurs of the Russian Federation, where how Gross National Income per capita and Industry value added per worker influence the business freedom of the social business entrepreneurship in the short-run and long-run. In the paper is applied model called The Vector Error Correction Model (VECM) and while considering log of business freedom index as the dependent variable in VECM, the results show that in the short run log of Gross National Income per capita and the log of industry value added per worker do not influence business freedom indexes. Also, the paper results show that in the long run, the log of Gross National Income per capita negatively observes the business freedom index. The investigation will additionally support and become an encouragement issue for improving business conditions for the established and new social business entrepreneurs in the Russian Federation and other countries as well.
S. Panikarova; M. Vlasov; E. Velinov. Relationship Between Social Business Entrepreneurship and Business Freedom: An Evidence from Russia. Inventive Computation and Information Technologies 2020, 258 -266.
AMA StyleS. Panikarova, M. Vlasov, E. Velinov. Relationship Between Social Business Entrepreneurship and Business Freedom: An Evidence from Russia. Inventive Computation and Information Technologies. 2020; ():258-266.
Chicago/Turabian StyleS. Panikarova; M. Vlasov; E. Velinov. 2020. "Relationship Between Social Business Entrepreneurship and Business Freedom: An Evidence from Russia." Inventive Computation and Information Technologies , no. : 258-266.
The paper sheds a light on spatial development of agricultural subregional localities in Krasnodar Region in the Russian Federation. Nowadays, there is a high need of creating so called “agro-cities” in the regions across Russia in order to sustain the regional economy and to open more possibilities for the local entrepreneurs. Furthermore, the paper suggests combination of approaches in order to identify dynamic changes in the spatial organization of rural areas, considering their spatial and sectoral potential. The study explains how the agricultural business in Krasnodar region has been developing and what factors have influenced it, which triggers high need of transformation from economic, environmental, and social perspectives. Paper results show that agro-cities contribute to the prosperous development of urban and rural areas of national economy through higher cooperation among cities and rural small business ecosystems. The study concludes that this synergy would decrease the socio-economic difference between the urban and rural areas in Russia.
Oksana Kolomyts; Inna Ivanova; Emil Velinov. Functional and Spatial Development of Agricultural Subregional Localities. Proceedings of the 2nd International Conference on Data Engineering and Communication Technology 2020, 729 -737.
AMA StyleOksana Kolomyts, Inna Ivanova, Emil Velinov. Functional and Spatial Development of Agricultural Subregional Localities. Proceedings of the 2nd International Conference on Data Engineering and Communication Technology. 2020; ():729-737.
Chicago/Turabian StyleOksana Kolomyts; Inna Ivanova; Emil Velinov. 2020. "Functional and Spatial Development of Agricultural Subregional Localities." Proceedings of the 2nd International Conference on Data Engineering and Communication Technology , no. : 729-737.
The promotion of renewable energy is a key concept in the European Union for both environmental and economic reasons. It contributes to securing the objectives set out in the Kyoto Protocol. In addition, it brings various social and economic benefits, e.g., diversification of the energy offer, new jobs, improvement of regional and local development opportunities and building a solid national industry. The main purpose of the article is to contribute to the debate on the instruments promoting renewable energy sources (RES) by emphasizing its importance within the technology transfer network. The subject is an empirical study of an actual technology transfer network. Its international activity promotes RES among entrepreneurs. Data related to meetings as part of brokerage events (BE) and company missions (CM) were subject to statistical and visual analysis, based on the data obtained from the Enterprise Europe Network from the years 2017–2018. The presented results are the foundation for future theoretical and practical studies. One of the important aspects to be examined is the intensity of cooperation launched during CM and BE. It is related to the results of partnership agreements and the importance of increasing the knowledge flow and creating opportunities for partners to acquire foreign technologies.
Zofia Gródek-Szostak; Małgorzata Luc; Anna Szeląg-Sikora; Jakub Sikora; Marcin Niemiec; Luis Ochoa Siguencia; Emil Velinov. Promotion of RES in a Technology Transfer Network. Case Study of the Enterprise Europe Network. Energies 2020, 13, 3445 .
AMA StyleZofia Gródek-Szostak, Małgorzata Luc, Anna Szeląg-Sikora, Jakub Sikora, Marcin Niemiec, Luis Ochoa Siguencia, Emil Velinov. Promotion of RES in a Technology Transfer Network. Case Study of the Enterprise Europe Network. Energies. 2020; 13 (13):3445.
Chicago/Turabian StyleZofia Gródek-Szostak; Małgorzata Luc; Anna Szeląg-Sikora; Jakub Sikora; Marcin Niemiec; Luis Ochoa Siguencia; Emil Velinov. 2020. "Promotion of RES in a Technology Transfer Network. Case Study of the Enterprise Europe Network." Energies 13, no. 13: 3445.
This paper aims to determine and explain the main factors for power losses (the so-called “leaky bucket” effect) in Kazakhstan and the reasons for inefficient energy distribution within the country. Energy efficiency in Kazakhstan is much lower compared to more economically developed countries. The differences between energy efficiency in various regions of Kazakhstan are also significant. This article explores the impact of administrative monopoly tariffs on the regional energy efficiency, based on a national study conducted in Kazakhstan in 2017. The purpose of the study was to identify the administrative barriers and their impact on the sustainability of enterprise development. What hinders the distribution of energy resources among different regions is artificial barriers in the energy market and the administrative tariff monopoly for electric power. This leads to the inefficient distribution of resources throughout the country. In addition, it is difficult to leverage low distribution efficiency in the absence of a market. The authors attempt to prove that the magnitude of administrative barriers directly affects the efficiency and competitiveness of business, as well as the final prices of goods and services for the end consumer.
Emil Velinov; Yelena Petrenko; Elena Vechkinzova; Igor Denisov; Luis Ochoa Siguencia; Zofia Gródek-Szostak; Ochoa Siguencia Luis. “Leaky Bucket” of Kazakhstan’s Power Grid: Losses and Inefficient Distribution of Electric Power. Energies 2020, 13, 2947 .
AMA StyleEmil Velinov, Yelena Petrenko, Elena Vechkinzova, Igor Denisov, Luis Ochoa Siguencia, Zofia Gródek-Szostak, Ochoa Siguencia Luis. “Leaky Bucket” of Kazakhstan’s Power Grid: Losses and Inefficient Distribution of Electric Power. Energies. 2020; 13 (11):2947.
Chicago/Turabian StyleEmil Velinov; Yelena Petrenko; Elena Vechkinzova; Igor Denisov; Luis Ochoa Siguencia; Zofia Gródek-Szostak; Ochoa Siguencia Luis. 2020. "“Leaky Bucket” of Kazakhstan’s Power Grid: Losses and Inefficient Distribution of Electric Power." Energies 13, no. 11: 2947.
The aim of this paper is to propose the intermodal logistics Corridor Vc, relying on the European Union transport policy, which will be in the function of regional development. The main goal is to analyze a potential route of freight intermodal transport between the ports of Ploče and Brčko in order to popularize this intermodal line at the international level. Among the most important activities in achieving this goal is the integration in the Euro corridor system. This integration is of crucial importance for companies to successfully execute their supply chain processes both domestically and internationally. The paper is based on the analysis of the current socio-economic situation and the condition of the intermodal transport system in Bosnia and Herzegovina (BiH), as well as existing strategic studies and development plans. This paper sheds a light on the creation of a strong integrated intermodal freight transport network in BiH, that will be a quality alternative to other international intermodal flows from the aspect of shorter transport time, lower transport costs and more favorable ecological aspects of transportation.
N. Palic; E. Velinov; V. Vassilev. Intermodal Line between Ploce and Brcko: Future Perspectives for the Pan-European Transport. SHS Web of Conferences 2019, 71, 04010 .
AMA StyleN. Palic, E. Velinov, V. Vassilev. Intermodal Line between Ploce and Brcko: Future Perspectives for the Pan-European Transport. SHS Web of Conferences. 2019; 71 ():04010.
Chicago/Turabian StyleN. Palic; E. Velinov; V. Vassilev. 2019. "Intermodal Line between Ploce and Brcko: Future Perspectives for the Pan-European Transport." SHS Web of Conferences 71, no. : 04010.
Emil Velinov; S. I. Ashmarina; A. S. Zotova. Participatory Budgeting in City of Prague: Boosting Citizens’ Participation in Local Governance Through Digital Tools (Case Study). Lecture Notes in Networks and Systems 2019, 189 -197.
AMA StyleEmil Velinov, S. I. Ashmarina, A. S. Zotova. Participatory Budgeting in City of Prague: Boosting Citizens’ Participation in Local Governance Through Digital Tools (Case Study). Lecture Notes in Networks and Systems. 2019; ():189-197.
Chicago/Turabian StyleEmil Velinov; S. I. Ashmarina; A. S. Zotova. 2019. "Participatory Budgeting in City of Prague: Boosting Citizens’ Participation in Local Governance Through Digital Tools (Case Study)." Lecture Notes in Networks and Systems , no. : 189-197.
Emil Velinov. Diversity Management Practices in the US Tech Companies. Proceedings of the international scientific conference Hradec Economic Days 2019 part II. 2019, 1 .
AMA StyleEmil Velinov. Diversity Management Practices in the US Tech Companies. Proceedings of the international scientific conference Hradec Economic Days 2019 part II.. 2019; ():1.
Chicago/Turabian StyleEmil Velinov. 2019. "Diversity Management Practices in the US Tech Companies." Proceedings of the international scientific conference Hradec Economic Days 2019 part II. , no. : 1.
International Days of Statistics and Economics | Vysoká škola ekonomická v Praze | VŠE
Aleksandr Bobkov; Igor Denisov; Oxana Kuchmaeva; Ekaterina Tsenina; Emil Velinov. Verification of a model of the evolution of the organizational structure of retail enterprises, by using regression analysis and automatic linear modeling. International Days of Statistics and Economics 2019 2019, 1 .
AMA StyleAleksandr Bobkov, Igor Denisov, Oxana Kuchmaeva, Ekaterina Tsenina, Emil Velinov. Verification of a model of the evolution of the organizational structure of retail enterprises, by using regression analysis and automatic linear modeling. International Days of Statistics and Economics 2019. 2019; ():1.
Chicago/Turabian StyleAleksandr Bobkov; Igor Denisov; Oxana Kuchmaeva; Ekaterina Tsenina; Emil Velinov. 2019. "Verification of a model of the evolution of the organizational structure of retail enterprises, by using regression analysis and automatic linear modeling." International Days of Statistics and Economics 2019 , no. : 1.
Emil Velinov. Diversity Management Globalization in Central and Eastern Europe: The Case of Pharmaceutical Industry. EUROPEAN RESEARCH STUDIES JOURNAL 2018, XXI, 82 -89.
AMA StyleEmil Velinov. Diversity Management Globalization in Central and Eastern Europe: The Case of Pharmaceutical Industry. EUROPEAN RESEARCH STUDIES JOURNAL. 2018; XXI (1):82-89.
Chicago/Turabian StyleEmil Velinov. 2018. "Diversity Management Globalization in Central and Eastern Europe: The Case of Pharmaceutical Industry." EUROPEAN RESEARCH STUDIES JOURNAL XXI, no. 1: 82-89.
The paper aims to examine the development of modern innovative management methods and practices such as Holacracy, Obliquity, Adhocracy and Sociocracy, which are novelty in the Management science and practice. The study illustrates contingency approaches in designing, managing and developing agile companies from wide varieties of industries. The paper sheds light on contemporary methods in organizing, planning and setting goals of companies in a post-knowledge era. It is like an operating system for business that requires the installation of different applications as applications for hiring employees, for setting salaries, for planning or logistics. In the paper, literature review on management innovations is conducted and subsequently statistical operationalization through STATA software has been employed to examine how particular organizations design and set up their organizational structures such as lean, agile or scrum. Paper results show that smaller companies are more agile and they tend to acquire Holacratic Management models thanks to the fact that self-managing teams exist internally and their organizational structures are flatter and more adaptive in comparison to the multinational corporations. Consequently, the paper concludes with suggestions on innovative management implementations for future development of companies and emphasizes the need for further research on what is the impact of Holacracy and Obliquity on shaping the organizational culture of companies.
Emil Velinov; Vasko Vassilev; Igor Denisov. Holacracy and Obliquity: contingency management approaches in organizing companies. Problems and Perspectives in Management 2018, 16, 330 -335.
AMA StyleEmil Velinov, Vasko Vassilev, Igor Denisov. Holacracy and Obliquity: contingency management approaches in organizing companies. Problems and Perspectives in Management. 2018; 16 (1):330-335.
Chicago/Turabian StyleEmil Velinov; Vasko Vassilev; Igor Denisov. 2018. "Holacracy and Obliquity: contingency management approaches in organizing companies." Problems and Perspectives in Management 16, no. 1: 330-335.
Objective - This paper explores how global corporations apply contemporary approaches in management known as holacracy, and its impact on company performance. The paper argues that the number of corporations with an incorporated model of holacracy is growing and that it leads to an increase of employee's creativity and engagement, which directly affect a companies' performance. Furthermore, the study sheds light on broadening the theoretical link between holacratic management models and company performance in the context of global corporations at the level of internationalization. Methodology/Technique - The study provides evidence from over fifty selected worldwide companies for the period between 2014 and 2016. The data has been collected from annual reports and other secondary based sources and consists of companies possessing features of holacracy, which is one of the phenomena of management in the twenty-first century. In this paper, empirical data has been operationalized and several OLS regression models have been employed, in order to discover the link between modern management models and firm performance. Findings - The paper's findings outline the fact that holacracy positively affects a companys' performance and that the number of global companies using holacratic models is growing. Novelty - To demonstrate the originality or value of the paper which makes it different from prior studies. Type of Paper - Empirical Keywords: Holacratic Management Model; Corporations; Organizational Design.
Emil Velinov; Igor Denisov. The Relationship between Contemporary Holacratic Models of Management and Company Performance: Evidence from Global Corporations in the World. GATR Global Journal of Business and Social Science Review (GJBSSR) Vol.5(3) Jul-Sep 2017 2017, 5, 10 -15.
AMA StyleEmil Velinov, Igor Denisov. The Relationship between Contemporary Holacratic Models of Management and Company Performance: Evidence from Global Corporations in the World. GATR Global Journal of Business and Social Science Review (GJBSSR) Vol.5(3) Jul-Sep 2017. 2017; 5 (2):10-15.
Chicago/Turabian StyleEmil Velinov; Igor Denisov. 2017. "The Relationship between Contemporary Holacratic Models of Management and Company Performance: Evidence from Global Corporations in the World." GATR Global Journal of Business and Social Science Review (GJBSSR) Vol.5(3) Jul-Sep 2017 5, no. 2: 10-15.
Emil Velinov. Top Management Team Diversity and Company Performance: The moderating effect of Organization Life Cycle. Journal of Eastern European and Central Asian Research (JEECAR) 2016, 3, 1 .
AMA StyleEmil Velinov. Top Management Team Diversity and Company Performance: The moderating effect of Organization Life Cycle. Journal of Eastern European and Central Asian Research (JEECAR). 2016; 3 (2):1.
Chicago/Turabian StyleEmil Velinov. 2016. "Top Management Team Diversity and Company Performance: The moderating effect of Organization Life Cycle." Journal of Eastern European and Central Asian Research (JEECAR) 3, no. 2: 1.
Emil Velinov. Organizational Development of Russian SMEs: Current trends. Journal of Eastern European and Central Asian Research (JEECAR) 2016, 3, 1 .
AMA StyleEmil Velinov. Organizational Development of Russian SMEs: Current trends. Journal of Eastern European and Central Asian Research (JEECAR). 2016; 3 (2):1.
Chicago/Turabian StyleEmil Velinov. 2016. "Organizational Development of Russian SMEs: Current trends." Journal of Eastern European and Central Asian Research (JEECAR) 3, no. 2: 1.
The paper identifies knowledge management determinants of knowledge transfer from subsidiaries to headquarters in the top Oil & Gas companies in Central and Eastern Europe as their level of innovations, internationalization and economic importance are emerging. The paper sheds a light not only on the process of knowledge transfer parent-subsidiary but via versa as it is critical in the 21st century for better adapting to specific business needs in certain geographical regions. Thus, this reversed knowledge from subsidiaries to headquarters is critical for the given business sector where the level of innovation and amount of R&D investments are enormous. The study argues that the reversed process of knowledge transfers from subsidiary to parent company is positively related to company performance and business diversification. Nowadays the knowledge formed in the subsidiaries of Multinational Corporations (MNCs) is transferred to headquarters by investing in R&D centres, building new exploration and testing sites abroad. In the reversed knowledge transfer process we can identify main challenges, which are very critical to analyse and determine the exact process.
Emil Velinov. The missing dimension of knowledge transfer from subsidiaries to headquarters: The case of Oil and Gas companies in CEE region. Journal of Eastern European and Central Asian Research (JEECAR) 2016, 3, 7 .
AMA StyleEmil Velinov. The missing dimension of knowledge transfer from subsidiaries to headquarters: The case of Oil and Gas companies in CEE region. Journal of Eastern European and Central Asian Research (JEECAR). 2016; 3 (2):7.
Chicago/Turabian StyleEmil Velinov. 2016. "The missing dimension of knowledge transfer from subsidiaries to headquarters: The case of Oil and Gas companies in CEE region." Journal of Eastern European and Central Asian Research (JEECAR) 3, no. 2: 7.