Paper tries to map the market position of eight competitors of the Czech wine market in period 2001–2006. Authors use the Map of the Marketplace approach and compare key economic indicators – Relative Market Share and Return on Assets – of selected firms. During the analyzed period we can...

Paper comes from key economic indicators of eight Czech wine producers, and compares their levels reached in 2000 and 2005 based on the Map of the Marketplace approach. This application shows, that even though the Czech Republic have entered the European Union, in that period, the changes that...

Paper focuses on evaluation of competitiveness of Czech wine production in relation to the development concept formulated within solution of a grant provided by the Czech Ministry of Agriculture (No. NAZV QF 3276). For evaluation of competitiveness, the concept of “New 7 S” is selected,...

A lack of sufficient diversification in research strategies has been identified as an important problem for delegated research. We show that this problem can be solved by local competition (such as bribery, lobbying, rent seeking, competition at the patent office) among players who apply the...

This paper studies panel data models with unobserved group factor structures. The group membership of each unit and the number of groups are left unspecified. The number of explanatory variables can be large. We estimate the model by minimizing the sum of least squared errors with a shrinkage...

The paper provides results of research concerning identification of strategic groups in the Polish banking sector and tests of the usefulness of these groups in the assessment of financial stability. The theory of strategic groups predicts the existence of stable groups of companies, stemming...