Anita Pelle and Marcell Zoltán Végh
The purpose of this study is to assess how the recent financial and economic crisis has affected European Union (EU) member states’ ability to attract intellectual capital. The…
Abstract
Purpose
The purpose of this study is to assess how the recent financial and economic crisis has affected European Union (EU) member states’ ability to attract intellectual capital. The issue was found to be relevant, as one of the key elements of competitiveness today is the ability to attract intellectual capital and the question how the recent financial and economic crisis has changed this ability of EU member states can be asked. The question is relevant in relation to the diversity of effects that the crisis had on EU member states, including, the different levels of real economy adjustment constraints.
Design/methodology/approach
The concept of competitiveness applied by the World Economic Forum (WEF) in constructing the Global Competitiveness Index (GCI) was used. Based on selected WEF GCI sub-indicators and the WEF’s methodology, we a new index named “Ability to attract intellectual capital” was generated. EU member states’ performance was compared along this indicator for the 2007-2008 (pre-crisis) and the 2013-2014 (post-crisis) periods. In this way, EU member states can be ranked before and after the crisis; their performance can be compared in the two periods, relatively to each other, and in relation to their performance along other relevant indices.
Findings
The findings show interesting results. First, many peripheral EU member states, deeply affected by the crisis, could considerably improve their relative positions between 2007 and 2013. Second, the Central and Eastern Europe (CEE) countries show a rather mixed picture, drawing up rather different individual development paths. Third, the advancements in some countries do not imply that overall convergence is proceeding in the EU. Nevertheless, some countries have not wasted the “good” crisis to take those steps of structural reform.
Research limitations/implications
Because we only look at two time periods (pre-and post-crisis), the authors are not able to describe the processes that were going on in the EU member states during the years of the crisis; the results can only show the difference between the two periods. Furthermore, there may be other methodological approaches to countries’ abilities to attract intellectual capital that may bring results different from this study’s results. For the countries who, according to our investigations, could improve these abilities, enhanced competitiveness is likely to occur in a few years’ time.
Practical implications
For those countries aiming at improving their abilities to attract intellectual capital, or for EU policy design, this research may provide useful results. Moreover, not only this study’s results but also the methodology can be used by others, for other purposes: to compare different years, different sets of countries included in the WEF GCI or even along different dimensions.
Social implications
This study’s research findings, the authors believe, will help EU member states and the EU as a whole in getting to know their abilities to attract intellectual capital better. In the introductory part of this paper, the aim was also to collect arguments from the economic theory to explain why such abilities are crucial for future competitiveness of countries.
Originality/value
The methodology that was used is the adoption of WEF methodology, and the data are from the WEF GCI dataset. However, to the authors’s knowledge, no other research work has applied this methodology on this set of WEF GCI sub-indicators, with such purposes as to compare EU member states’ abilities to attract intellectual capital before and after the crisis.
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Istvan Lenart, Zoltan Lakner, Laszlo Kovacs and Gyula Kasza
The research aims at scrutinising food safety as a global concept and problem that has numerous cross-cultural aspects reflecting the diversity of consumption patterns and the…
Abstract
Purpose
The research aims at scrutinising food safety as a global concept and problem that has numerous cross-cultural aspects reflecting the diversity of consumption patterns and the culturally differing role of the consumer as well as mirroring the heterogeneity of socio-economic environment.
Design/methodology/approach
In this paper, the role of consumer in food safety-related academic literature is investigated in seven languages (countries) including American English, French, German, Hungarian, Italian, Mandarin Chinese and Russian from a multidisciplinary, cross-cultural perspective.
Findings
With the aid of seven linguistic corpora built from the above mentioned languages, the research reveals noteworthy differences in the consumer-focused approach.
Research limitations/implications
The study could have benefited from the inclusion of further languages (i.e. Portuguese, Spanish, Hindi etc.), the authors' lack of reliable language skills outside of the covered domain had to be taken into account. Further to that, the analysis conducted is based on a static observation, while food safety-related consumer science is developing quickly. Therefore, a dynamic analysis of consumer roles would most certainly yield in further salient outcome.
Practical implications
Food safety can be regarded in many ways–this is reflected in different national legislations, dissimilar country-level risk communication patterns as well as different perception of basic notions of food safety. It has not yet been extensively analysed, however, how different languages use the notion of food safety or consumer, which activities and which characteristics are most connected to these notions, and how food safety-related topics and the focus of scientific discourse in different languages differ from each other.
Social implications
Practical implications of the research results also include preparatory activities for food safety risk communication campaigns. In this field, the cultural aspects of food safety are as important as scientific risk assessment. The tools presented in this paper help a quick and comprehensive analysis of linguistic corpora, which could be used either in academic or general literature resources, even press releases. The results also call attention to the culture-driven perspectives of food safety; these new insights can be applied by researchers to review food safety literature more exhaustively considering the cultural context. Future elaboration of the topic (e.g. by introducing a time factor that would enable a dynamic analysis) can further enhance the utility value of similar studies.
Originality/value
The novelty of the article lies in the unique application of corpus linguistic methods with the aim of investigating the area, the trends and phenomena of food safety-related science. This study combines the achievements of food safety-related consumer science with corpus linguistic methods.
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Ondřej Dvouletý and Marko Orel
This study aims to extend the existing body of literature on the individual-level determinants of self-employed persons with (employer entrepreneurs) and without employees (solo…
Abstract
Purpose
This study aims to extend the existing body of literature on the individual-level determinants of self-employed persons with (employer entrepreneurs) and without employees (solo self-employed individuals) from the perspective of four post-communist economies (i.e. Czech Republic, Hungary, Poland and Slovakia).
Design/methodology/approach
The methodological approach is based on the three harmonised waves (2005, 2010 and 2015) of the European Survey on Working Conditions (EWCS). Multi-variate logistic regression models are used to determine the individual-level differences among employees, solo self-employed individuals and job creators in the selected group of countries.
Findings
The results show significant differences among employees, solo self-employed individuals and job creators, especially when it comes to the role of age, gender, education, previous experience, number of working hours and their determination. Job creators in Visegrád countries have, on average, more years of experience, and higher levels of education (tertiary), than wage-employees.
Research limitations/implications
This study provides a series of recommendations for future research on the role of family- and household-related characteristics, entrepreneurship-specific education and migration background.
Originality/value
The previous research on individual determinants of entrepreneurial engagement in Visegrád region was mainly based on the data from the Global Entrepreneurship Monitor. This study offers a novel perspective based on the EWCS data.
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Most people would agree that smoking, especially of cigarettes, is a closely ingrained habit in great masses of the British people, as indeed it is in most other parts of the…
Abstract
Most people would agree that smoking, especially of cigarettes, is a closely ingrained habit in great masses of the British people, as indeed it is in most other parts of the world, but there can be few countries where so many people smoke at their work. The large number of prosecutions of food workers for smoking while handling open food and the presence of tobacco, cigarette ends, spent matches, etc., in foods; these are an index of how widespread is the habit of smoking at work.
Bhumika Bunkar and Kasilingam Ramaiah
In developing nations, the utility and intention to use algorithmic trading (AT) platforms and financial services are predominantly reliant on investors’ technological knowledge…
Abstract
Purpose
In developing nations, the utility and intention to use algorithmic trading (AT) platforms and financial services are predominantly reliant on investors’ technological knowledge. This study aims to investigate the effect of investor awareness of AT (AAT), trust in AT (TAT), and acceptance of innovativeness (AOI) on intention to use the AT (IUAT) platforms among Indian investors.
Design/methodology/approach
The authors used a structured questionnaire with a five-point Likert scale to collect the data from 392 Indian retail investors through a purposeful sampling approach. And, the authors carried out structural equation modeling to analyze the serial mediation among the latent (independent) and observed (dependent) variables.
Findings
The findings suggest that investor awareness exerts a statistically significant and positive effect on the IUAT platforms. Additionally, TAT platforms and innovation acceptance, independently as well as mediator, significantly influences the usage decision of AT platforms among Indian investors.
Research limitations/implications
The findings on determinants of AT platform usage can guide investment regulators to promote technological awareness, build trust, and provide a safe algorithmic trading environment for retail investors in India. The suggestions may take the edge off a few behavioural impediments among the investors w.r.t. AT platform usage.
Originality/value
Off the back of extensive literary exploration our field research is among the first that probes an intellectual discourse and documents the empirical evidence on linkages between investor AAT, TAT, AOI and the IUAT platforms in the Indian stock market.