The paper discusses the impact of austerity policy on economic performance in the eurozone countries after the global crisis that occurred in 2007-08. The undertaken fiscal consolidation efforts to cut government expenditure and increase government taxes which begun in 2010, aimed to return...

Competitiveness at the firm level is a subject of interest not only to managers and policy makers but also academics. An effective functioning under the conditions of new economy requires from the enterprises to develop their core capabilities and talents along with the ability to quickly...

The paper discusses the impact of austerity policy on economic performance in the eurozone countries after the global crisis that occurred in 2007-08. The undertaken fiscal consolidation efforts to cut government expenditure and increase government taxes which begun in 2010, aimed to return...

Competitiveness at the firm level is a subject of interest not only to managers and policy makers but also academics. An effective functioning under the conditions of new economy requires from the enterprises to develop their core capabilities and talents along with the ability to quickly...

The feature of contemporary enterprises is an aspiration of achieving the competitive edge thanks to investments in the knowledge and innovation. Apart from investment in tangible capital, more and more enterprises undertake many initiatives directed at the development of the intellectual...

From the majority of European Union documents it explicitly follows that innovations are a key to the economic future of Europe. Innovativeness, un-derstood as a propensity to create new or modernize the existing solutions, and the ability to absorb foreign scientific or technological...