The goal of this work is to model the impact of Information and Communication Technologies (ICT) on the Innovation performance for the European Union (EU) countries. In order to measure the overall innovation performance of each country we have used the Summary Innovation Index (SII), a...

In the context of the entire world's efforts to start recovering from one of the worst economic crisis, finding the main drivers of growth is increasingly important. The European Commission's new proposal - "Europe 2020"- states innovation as one of these main drivers, and promotes the...

The explanation of investment behaviour in the light of expected utility it meant an important step in the substantiation of the theory regarding investment portofolio. It was demonstrated that the linear form of utility function excludes certain decisive decisions (Allais’s paradox), so that...

The consumption economic theory, which was propounded by Ernest Engel (1821-1896), has been substantially improved over time, by the contributions of the modern economists. However, the extensive themes of the studies about the euro-atlantics populations’ consumption models (as well as...