Digitalization is the core driving force of the fourth industrial revolution. This new era will result in paradigm shift in production and in marketing of products and services. The smarter production can make value creation easier with reducing the cost of manufacturing and with producing...

Biodiversity is influenced by the process of economic development, between the two there is a causal relationship - when development does not respect the environment, biodiversity experiences negative transformations. The EU Biodiversity Strategy 2030, which derives from the 2030 Agenda for...

Tourism is one of the most vulnerable industries when facing a global threat of sanitary, economic, or military considerations. From an economic activity comprising nearly 3% of the country's GDP, the tourism has dropped to a flat zero in Romania. For three months, specifically March – May...

Rural tourism in Romania has significant potential. The Romanian effort to develop and promote tourism in the rural area has been completed by the support provided by the European Union funds. In this context, the objective of this paper is to highlight the territorial development of the rural...

Strategic networking represents firm's strategic posture to develop long-term and sustainable business relationships with the aim of focusing on core business activities and gaining additional benefits from profound coopetitional relations with various market players. The purpose of this paper...

The education institutions present a complicated economic and social ecosystem with many processes that are constantly under pressure from many stakeholders. Learning organizations are trying to find ways to improve them, but they crash at "unmistakable claims" about the need to build extensive...

Firms in information and communication (ICT) sector are often considered as an important element of business innovation performance in the economy. This paper is focused on examining their share on innovation and total research and development (R&D) expenditure in selected European countries....

The goal of this paper is to reveal typical non-financial success measures in small family business in Croatia. Socioemotional wealth model is used as a basis for questionnaire construction. Questionnaire items represent family typical success measures and are adaptable to different business...

Romania has a great tourism potential, but unfortunately this potential has not been explored enough. The objective of this paper is to analyze how the European funds were accessed for developing and promoting tourism activities in rural areas at national level. The work is based on the data...

At present, gastronomy is becoming an increasingly stronger motivation and focus of interest in economics, especially in fields related to tourism. At the same time, gastronomic tourism represents one of the most important business opportunities, allowing direct contact between food sector...