Publisher: Entrepreneurship and Sustainability Center (Total: 2 journals)   [Sort by number of followers]

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Entrepreneurship and Sustainability Issues     Open Access  
Insights into Regional Development     Open Access   (Followers: 3)
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Entrepreneurship and Sustainability Issues
Number of Followers: 0  

  This is an Open Access Journal Open Access journal
ISSN (Online) 2345-0282
Published by Entrepreneurship and Sustainability Center Homepage  [2 journals]
  • The influence of world oil prices on the Chinese Yuan exchange rate

    • Abstract: This article aims to find out if and if any influence the evolution of oil price on the world market influences the value of the Chinese currency. Data, which we used for analysis, is available on the World Bank website. The analysis uses data about the Chinese Yuan (CNY) to the US Dollar (USD). The second series of data is the Brent crude oil price expressed in US Dollars per barrel. The time interval for which data will be available is the daily closing value of both variables, beginning on September 1, 2014, and ending on August 30, 2019. To accomplish our research aim, we must conduct an experiment. Therefore, the experiment assumes a uniform procedure with a gradual change of one parameter, namely the delay of the CNY / USD time series. Regression is performed using neural structures. We generate 10,000 neural networks for every single experiment combination (time delay, set of independent variables). As a result, we perform 10 calculations and get ten different outputs. From each experiment, we always preserve 5 artificial neural networks that show the best aspects. It could be estimated that fluctuations in oil prices on world markets would affect the CNY / USD price; however, it was not clear to what extent. Based on this paper, we demonstrate that such influence exists; it can be identified at an interval of 1.97% to 9.57%. This is a very significant influence, even regarding the importance of the raw material.
      PubDate: 2022-06-17T00:00:00+00:00
  • Analysis of perceived customer satisfaction in the context of rail
           transport: a case stude of the Slovak market

    • Abstract: Rail transport is one of the most widely used modes of transport in most parts of the world. Therefore, knowing what customers think of its quality means valuable information for making informed decisions. The aim of this paper is to assess the statistical significance of the relationships between selected analyzed variables of passenger satisfaction with rail transport in the selected market. To achieve this goal, the paper made use of questionnaire data. Data collection took place in the months of February to April 2022. A total of 252 verified records were included in the analysis. Prior to the analysis, the authors researched relevant literature and existing research studies (basic framework for the analysis). The research part of the study made use of the Mann-Whitney U test and the Kruskal-Wallis test to analyze the differences, followed by the Spearman’s correlation coefficient to assess the relationships. The results did not confirm the statistical significance of the differences in the context of the analyzed groups, but in the case of the context of the individual analyzed factors, statistical significance was observed. The findings were put into a wider context in terms of the existing research. The limitations of the study and the possibilities for future research were also outlined.
      PubDate: 2022-06-17T00:00:00+00:00
  • Impact of employee attitude on their pro-social behavior: a case study

    • Abstract: The authors investigate what factors impact employee attitude and how employee attitude shapes their behavior. They admit that pro-social behavior (PSB) is a consequence of internal market and learning orientation since it affects the attitude of front-line employees. Therefore, the article focuses on the internal market and learning orientation, enabling an organization's culture via employee attitudes. A survey was conducted to collect the data from managers and front-line employees at higher educational institutes in Pakistan. The findings of the study are that (1) the internal market orientation (IMO) has a positive influence on the pro-social behavior of front-line employees (FLE); (2) employee attitude mediates the effect of IMO on PSB, and (3) employee attitude mediates the effect of learning orientation (LO) on PSB. Implications of the obtained results and further research directions are also mentioned.
      PubDate: 2022-06-10T00:00:00+00:00
  • Key success factors for scaling social enterprises in South Africa

    • Abstract: Governments rely increasingly on social partners for assistance to deliver on UNESCO’s sustainable development goals by 2030. However, community organisations are buckling under socio-economic hardship and a lack of donor funding during a global Covid-19 pandemic. Many social enterprises (SEs) are faced with the reality of cutting back or in some instances, completely shutting down their operations. An investigation of the literature revealed a high rate of early-stage business failure in South Africa. Hence our investigation into the key success factors that will aid SEs to scale and thrive in the hostile South African socio-political and economic climate. Using a qualitative, single case study approach underpinned by an interpretivist philosophy, this paper investigates the critical success factors for scaling SEs in South Africa. Three (3) semi-structured interviews, website content analysis and observations were used in the study to deliver data that was thematically analysed to come to the following results: SEs must express the ambition to scale, provide a best practice model, and have a social entrepreneurship orientation. Grassroots SEs must create access for local communities by focusing on three organisational dimensions, i.e., personal, operational, and strategic. Community partnerships are an overarching factor when considering scaling GSEs. By forming a social contract with communities, SEs allow them to take ownership of the interventions, increasing social impact. This paper adds to the existing knowledge regarding the critical success factors that enable the scaling of SEs in South Africa. It also creates a frame of reference for grassroots SEs in other developing countries.
      PubDate: 2022-05-31T00:00:00+00:00
  • The impact of monetary and fiscal policy variables on the EU economic
           growth. Panel data analysis

    • Abstract: The financial crisis of 2008-2009 has changed an approach to conducting monetary and fiscal policy. Changing economic conditions forced the economic authorities to make decisions that influenced an interaction between the central bank and the government (policy mix) in the European Union countries. The article aims to identify the impact of variables in the area of monetary and fiscal policy on the economy in the EU countries in existing economic conditions. The article verifies the hypothesis that variables from the monetary and fiscal policy have a statistically significant impact on the GDP per capita growth rate in the EU countries. To achieve the goal and verify the hypothesis, the following research methods were used: presentation of statistical data as well as statistical and econometric research methods (panel model). The rationale for the adoption of this topic was to examine the impact of central bank policy and government in the EU countries on their economies. The contribution of this article is to present the role of monetary and fiscal policy in the economic growth of the EU countries in 2000-2019. The results of the study indicate that the GDP per capita growth rate in 28 European Union countries in the period of 2000-2019 was statistically significantly affected by such variables as: interest rate (from the monetary policy area), GG deficit/surplus (the variable from the area of fiscal policy). This is important information in the context of conducting monetary policy and fiscal policy by relevant decision-makers, i.e., monetary authorities and fiscal authorities in the EU countries.
      PubDate: 2022-05-30T00:00:00+00:00
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh, EH14 4AS, UK
Tel: +00 44 (0)131 4513762

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