Showing 1 - 10 of 216
Persistent link: https://www.econbiz.de/10003882513
The paper considers company performance measures and the development of the Economic Value Added (EVA) indicator in volatile economies, particularly in the case of the Czech Republic. Methods used for pyramidal analysis, their assumptions, and their application possibilities are discussed. A...
Persistent link: https://www.econbiz.de/10008549911
Business processes take place in an environment of complex systems that consist of many interrelated elements with stochastic and dynamic characteristics. Simulation and management methods were developed to cope with such complexity. Simulation and management methods are interdependent...
Persistent link: https://www.econbiz.de/10008500682
English Abstract: The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement … and an alternative to the mainstream theory. In the first and the second sections, the author explains the main influences … of Ludwig von Mises and Friedrich August von Hayek's works on entrepreneurial theory. Section three analyzes pure …
Persistent link: https://www.econbiz.de/10014149263
The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement and an alternative … to the mainstream theory. In the first and the second sections, the author explains the main influences of Ludwig von … Mises and Friedrich August von Hayek's works on entrepreneurial theory. Section three analyzes pure entrepreneurial profit …
Persistent link: https://www.econbiz.de/10008752942
What is the role of entrepreneurship in economic development from the perspective of neo-Austrian and new institutional economics and what is the difference between these approaches? Neo-Austrian economists claim that economic development is caused by entrepreneurial discovery. New institutional...
Persistent link: https://www.econbiz.de/10008752948
Tax reliefs (tax expenditures) in the Czech Republic, as well as in other countries, are frequent topic of political and public finance discussion. Sometimes they are presented in a positive spirit as administratively inexpensive tool for promoting desirable public policies. More often, however,...
Persistent link: https://www.econbiz.de/10009293716
The article contests an argument that the creation of a capital market in educational "human capital" and subsequent voluntary transactions on this market are sufficient to create equal opportunities in education, consequently reducing the income premium enjoyed by households with higher initial...
Persistent link: https://www.econbiz.de/10009294039
The article analyzes macroeconomic forecasts of tax revenue in the Czech Republic. Forecasts are tested for their biases on data from Czech Republic from 1993 to 2003. The authors argue that Czech tax-revenue forecasts were highly biased and the hypothesis of unbiasedness could not be rejected...
Persistent link: https://www.econbiz.de/10005673563
Paper analyzes the Czech social security and tax system as their redistribution aspects are concerned. On a basis of individual data, authors find that social security programs are usually properly targeted but that the tax breaks favor richer households. A microanalysis of tax expenditures is...
Persistent link: https://www.econbiz.de/10008549753