The creative industry represents the potential for economic growth worldwide. Even though there is no single definition of it, it can be generally said that these are the economic sectors in which the primary production factor are people, their individual creativity, ability, and talent. Creative industries can also be said to be created at the interface of innovation and culture, where they overlap. The article focuses on the analysis of the creative industries development in the Slovak Republic in the context of the development of creative industries in other European Union countries. Based on the gained knowledge, it points out the regional differences in the creative world of European countries. The article also tries to identify the link between globalization influences and the development of the creative industry, using the KOF index. This index represents a quantitative expression of the level of globalization in terms of its economic, political, and sociological development. This enables a comparison of the the selected indicator development of the creative industry with the development of globalization. The research methods used include time series analysis as well as correlation methods. The obtained results suggest that the creative industries is developing independently of globalization trends.
The analysis of professional literature shows that many businesses measure innovation performance based on a combination of input and output indicators. The results of comparison confirmed that there are many concepts in innovation performance measurement, but they are not consistent. In scientific practice, there are also opinions that studies on indicators of innovation performance measurement are inadequate. The results indicate that most of the indicators are input-oriented and only few indicators are outputoriented. Businesses face difficulties when establishing a clear relationship between business innovation and its performance. When measuring innovation performance, there is a serious problem with a significant delay of the benefits of innovation and the complexity of the isolation of the role of innovation from other business activities with respect to the overall performance. Measuring innovative business performance can be achieved by financial indicators such as ROE, ROI and by non-financial indicators such as the number of new ideas, products, and so on. The paper aims to compare the development of innovation in the selected sector and the development of the sector's financial indicators for the identification of indicators whose development most closely corresponds to the development of innovation.
The Proceedings of Scientific Articles and Studies is a partial output of the research project VEGA1 / 0708/20 Socio-economic determinants of sustainable consumption and production and represents one of the planned outputs within the research tasks solved by an experienced team of scientific and pedagogical staff of the Faculty of Business Management of the University of Economics in Bratislava. The aim of the Proceedings is to publish the achieved partial output of the project solution. Contributions are sorted in alphabetical order according to authors' names. The aim of the Proceedings is to stimulate new ideas for scientists who could contribute to the use of new expertise in sustainable consumption and production in the conditions of the current Slovak economy, thus contribute to a more objective view of the researched issues. I believe that the peer-reviewed scientific volume will contribute not only to the popularization of the presented topics, but also to a broader scientific and professional discussion of the authors and their followers.
Human capital is an important motor of business performance. In this context, the costs of human capital that the company spends in its efforts to ensure the development and achieve growth in its performance play an important role. However, in times of crisis and decline of production, labor costs that cannot be eliminated become unproductive. The sensitive area is especially area of the wage costs that the company has to pay to employees and thus they represent not only the loss for the company but also the cash outflow. The article maps the influence of this factor on individual branches of the Slovak economy. Using data on the volume of wages paid and estimates of scenarios for the possible development of the coronavirus crisis, it identifies the most vulnerable sectors in terms of unproductive labor costs.
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