Silvia Avasilcai

Gheorghe Asachi Technical University of Iași | TU Iasi

This research aims to emphasize the impact of indebtedness on the financial performance of tourism companies. To capture this impact in the different phases of economic cycles, the study focused on the period 2004–2019. The econometric analysis is using panel data models, and it has been done for distinct periods of time. The sample was represented...

Innovation ecosystems became a well-known concept since the main attention for communities’ engagement and innovation creation increased. Due to the engagement of different type of stakeholders, the innovation development and organizational growth could be seen rather as a complex and dynamic system of processes which highlighted the technology usa...

In the quest for organisational agility in product development, critical roles emerge as vital connectors between client expectations and organisational capabilities. This paper explores the dynamic interplay of roles like product owners, innovation champions, and cross-functional teams in aligning innovation, technology, and people to meet client...

BACKGROUND: The Industry 4.0 and 5.0 models are dynamic, still under research and unsolved implementation for industrial manufacturers. The paradigm “Green Deal” goals launched by the European Commission is apparently difficult to define concrete action plans. The good practices of the manufacturing industry are punctual. The health crisis of COVID...

The digital transformation (DT) implies designing products and services, to which digital technology is applied, that are adopted and used by customers. However, if people do not accept the new technologies embedded in the innovative products and services, DT will fail. Therefore, getting to know the determinant factors that affect acceptance is ne...

In the context of the SME’s digital transition in the European Union (EU), scientific literature and practice started to give importance to the Digital Innovation Hubs (DIHs), considered to be a true help in testing before investing in digital technologies. The present study assesses an overview of DIHs and the services they provide, in order to id...

In the context of the development of information technologies, the concerns about assessing the effects of digital transformation have increased. Although it is intuitively accepted that digital transformation has a favourable impact on macroeconomic variables (based on the interdependencies between micro- and macroeconomic performance), there is l...

In nowadays the traditional project management methodologies are continuously challenged to address the fast-changing business industry context with an appropriate response. For a dynamic industry like Software, Agile methods seems to be the perfect answer. If the new Software companies can easily adopt the Agile methods, there are a numerous other...

Associative business structures (business associations) and non-associative business structures (those without any formal or juridical associative agreement) provide platforms to share knowledge, gain insights and collaborate. One additional benefit to participate in these structures is the opportunity for business development. In some cases, and e...

The study maps the Digital Innovation Hubs (DIHs) in Romania (based on the European Union comparison) and identifies the main features of the Romanian DIH system. Data was collected from secondary sources (Smart Specialization Platform-S3P). The comparative and descriptive analyses allowed the shaping of the Romanian DIHs profile. The analyses ind...

The study maps EU-wide Digital Innovation Hubs (DIHs) and assesses the contribution of digitalisation to member states' economic development. To provide an overview of EU DIHs, we analysed data from the European Commission's Smart Specialisation Platform (S3P). An econometric analysis was based on cross-sectional data and regression models. To ass...

Associative business structures (business associations) and non-associative business structures (those without any formal or juridical associative agreement) provide platforms to share knowledge, gain insights and collaborate. One additional benefit to participate in these structures is the opportunity for business development. In some cases, and e...

Purpose – the study has a dual purpose. First, to assess the impact of the most important determinants of financial performance, which have been measured through four generations of indicators. In addition, the study provides the first quantification of interdependencies between different financial performance measures: profit margin (PM), profit g...

The Covid-19 pandemic is the most disturbing event in the lifetime of most of our planet’s citizens. The lockdown measures directly impacted many areas of our lives, including the educational sector, because locking down countries meant implicitly locking down the educational system. Moreover, what was first considered a temporary solution for an e...

Industry 4.0 refers to the transformation of industry through the adoption of techniques and processes based on information and communication technologies (ICT) to manage and optimize all aspects of the manufacturing processes and supply chain. Even if Industry 4.0 adoption has significant advantages for companies in terms of increased productivity...

The study analyses the dynamics of the financial performance of the companies in the textile industry in Romania and aims to identify its main determinants, corresponding to the different stages of the economic cycles. The selected sample was mixed; therefore, the econometric analysis (based on panel data) was performed on accounting data collected...

Some of the constructs in the field of performance management are intuitive or not empirically validated. This study provides a data-driven framework for measuring and improving the performance through synchronized strategies. The ultimate goal was to provide support for increasing business performance. Empirical research materializes in an explora...

Purpose-Understanding the demand for developing software applications on time and responding to the users' needs and expectations are the first steps in using the Agile framework in product development and are even more important within the context of research projects, such as CRE@TIVE.BIZ, an ongoing project within the framework of the Romanian N...

Agility in organizational context (AOc) is a new concept in management literature and carries great importance for the companies operating in uncertain business environments as Romania and everywhere else. Many of the previous approaches to process development or transformation focus on practices and processes that organizational actors should lear...

Starting with the modern binary number system in 1679, followed by the universal computation as a result of the Boolean algebra in 1847, then continued in 1948 with “Mathematical Theory of Communication”, capacitors and microchips between 1950s and 1970s, Apple I desktop computer in 1976 and until 2020 when we have devices as smartphones, computers...

Nowadays, project-based work is no longer a challenge for a today company. Optimizing the workforce, better managing the results, delivering in time, quality and budget (the triple constrains [1]) are just few of the advantages. Still, to re-organize an entire company into project-based organization requires a lot of efforts and energy across its d...

The purpose of this study is to review literature on topics of performance and co-creation. The study has two premises: performance includes economic and behavioural aspects; co-creation produces direct and indirect effects on performance. In order to validate these two, we took into consideration all studies available on WoS platform. Applying dif...

The actual dymanic of the industrial wave created by the concept Industry 4.0 is streaming a serial consequences for the main market consumers which are the direct beneficiaries of comodities or daily consuming goods of food,automotive,gadgets and textile/garments industry.Upon the actual researches available from Aachen University and World bank s...

SMEs (private small- and medium-sized enterprises) are the base of any economy and from here innovation usually starts. But every SME has to understand that in order to succeed they have to make strategic decisions, to plan and to properly implement appropriate action plans in order to achieve high financial and non-financial performances, by acces...

Computer security, cyber-security or security of information technologies is the field that has to do with the protection of the computer infrastructure and/or telematics and all the information contained in it. This area includes any type of software such as databases or files, hardware, computer networks and anything that involves confidential in...

The present linear economic system needs to be redesigned in order to protect the ecosystems and ensure a sustainable integration of resources. One of the industries that have raised concerns in the last years due to its increasing inefficient use of resources and negative impact on the environment is the fashion industry. Sustainability and transp...

To carry out the review, the study was designed in such a manner as to enable us to: (a) identify the degree of interest that researchers displayed for scientific grounding of concepts they operate with and (b) identify the degree to which new lines of research have been shaped on determinants of financial performance. Based on a sample of 45 artic...

To perform and be relevant, SMEs must continuously innovate, be in constant contact with the market, and communicate their news strategically. Entrepreneurs need to go through strategic management system training and organization development processes, understand the importance of internal and external communication processes, invest in technology...

This paper analyzes the advantages of the strategic communication process from an online and a digital point of view, as most companies make their changes from the off-line into the online market. Through this aspect, the company can quickly adapt to the fast changes of the industry or of the market requirements, to connect better with its stakehol...

The purpose of this paper is to find a balanced way to analyse IT (Information Technology) industry, from its value perspective, but first we need to know how to define the IT industry, what are its component and the dynamic on global industry. This is an empiric study due to an enormous information quantity – only a simple search on EBSCO platform...

The main aim of this paper is to present the specific features of performance management analysis in tertiary education. In the context of globalization and increased use of information technology, providers of educational services have redefined their objectives and have been more interested in the culture of quality and performance. This research...

Companies constantly thrive to enhance their performance in order to achieve their environmental, social, and economic goals. One way to achieve these goals is to integrate some effective management tools, such as an environmental management system (EMS), that can support sustainable development and value creation. Based on the literature, in this...

The purpose of this paper is to find a balanced way to analyse IT (Information Technology) industry, from its value perspective, but first we need to know how to define the IT industry, what are its component and the dynamic on global industry. This is an empiric study due to an enormous information quantity – only a simple search on EBSCO platform...

Abstract. This study presents a comparative analysis model of the financial performance for two large companies operating in the field of production and trading of car parts. The model has as a starting point the assessment of the dynamics of liquidity, sales and profitability ratios (for a period of ten years). Based upon the preliminary results,...

The arising concern for the inter-industry collaborations was concretised through the continuous development of new collaborative structures as it is the case of business ecosystems emergence. The use of open innovation in existing ecosystems became an essential trigger for the emergence, defining and development of dynamic capabilities. Consequent...

This study presents a comparative analysis model of the financial performance for two large companies operating in the field of production and trading of car parts. The model has as a starting point the assessment of the dynamics of liquidity, sales and profitability ratios (for a period of ten years). Based upon the preliminary results, the compou...

Since the appearance of the internet and new technologies, the business and socioeconomic sphere has taken a 360º turn. This gives us the opportunity to generate new business models, improve the analytical and predictive capacity both internally or externally and improve the company’s processes in terms of efficiency and effectiveness. The digitali...

Developed business ecosystems exhibit open innovation as the most relevant booster of organizational development. Also, from a combined approach to innovation perspective, using collaboration among different stakeholders in order to achieve competitive advantages, open innovation serves as an important technique for new business model creation. Thu...

Following the exploration of the common themes that define agility in the organizational context (AcO) we have identified key features of such organizations that face an unpredictable and always connected world to become smartly competitive so that the organization can respond quickly and targeted, and to quickly and almost intuitively anticipate c...

The social environment in which corporations operate is affected by their actions but equally corporations experience the pressures of society. The idea that the economic environment is currently in a transition phase from the knowledge-based economy and society to the innovation economy and society is strongly emphasized by the policy makers and e...

The emergence and development of creative business ecosystems emphasize the major influence of value co-creation within collaborative and creative stakeholders. The use of outside - in process of innovation defined customers ‘creative potential as the major resource of innovation, especially within product design development. The social community i...

Purpose – To identify and illustrate the advantage of being a keystone as an important strategy within a business ecosystem. Methodology/approach – based on the literature review there was performed a critical analysis on keystones’ key features. There was selected the most relevant features which contributed to the aggregation of the competitive b...

Purpose –This study aims to identify and illustrate how internal processes can be adapted to the requirements of a creative ecosystem through business model innovation using crowdsourcing modules. Methodology/approach – The comparative analysis implies two parts: ecosystem stakeholders’ unit and the value component. Two different frameworks were pr...

Nowadays the customers changed their roles from co–producers to co–creators as a result of technology disclosure, open innovation acknowledgement and the use of innovation as the main driver for organizational growth. This switch to a complex and adaptive ecosystem became an anchor point for the development of new products, especially within value...

Innovation is a fashionable word about which people have different attitudes. Businessmen think it is important for their businesses' development, even if there is no common view of what innovation is or what is meant by it. From an economic point of view, we are going through a period in which emerging economies / industries no longer place a stro...

The digital world is playing a significant role today, as evidenced by recent research on digital marketing and virtual consumers. They have revealed the increasing involvement of consumers / stakeholders in all aspects of marketing processes, from product innovation to print and broadcast advertising. Consequently, switching from a traditional bus...

Globalization has a significant impact over economic and social development, thus it also influences the speed of developing new products, starting from the product idea to the Minimum Viable Product (MVP). The software industry is one of the industries which have to face tough and specific challenges within this highly dynamic context, playing a m...

The continuous evolution and development of technology became the main driver for new industries emergence. The use of Internet of Things and Open Innovation technologies brought a new perspective regarding business models development, inter-industry collaboration, and value co – creation process. This point of view emphasizes the relevance and nec...

The software development industry is one that is under a constant pressure to deliver products that are innovative, fast to market and better suited to the costumers’ needs and expectations. In this context, the traditional approaches to product development can become obsolete, as the market and the end-users are dynamic and rather unpredictable an...

The increasing attention for open innovation processes within organizational development context is materialized through new product and/or services development. The main approach into this direction is to enhance the crowdsourcing features within internal innovation processes, especially value co–creation. The emerging industries, such as creative...

Growth and value creation have become the dominant preoccupations for today's managers/companies. That is why they have increasingly embraced crowdsourcing and co-creation as business practices, especially online. If most of them aim to increase their performance with the help of these practices, there have been cases where they have been approache...

Over the past 10 years, as a result of social media development, co-creation has begun to grow and has become increasingly used by companies to produce innovative products. Involving consumers in the process of producing new products does not mean that companies have a lack of ideas. What they want is to get closer to their consumers, to listen to...

—Ecosystems’ domain became well known since there were promoted the cross – industrial collaboration as main driver of economic evolution. The increasing necessity to assess organizational collaborative capabilities led to the emergence of new forms of engagement into product or / and services development process. The importance of ecosystem’s appr...

Business Ecosystem concept emerged recently as a result of the necessity to emphasize new collaborative structures within emerging industries. Althought it is still in an exploration phase, many researchers agreed upon the fact that an ecosystemic point of view is prefered and more valuable in order to provide meaningful insights on innovation and...

In the this highly competitive market, a company's capacity to generate and market creative and original ideas is a key for success. But most companies have limited resources and so, knowledge creation can not be generated solely from within the firm. In order to expand their knowledge base, organizations begun to implicate stakeholders in all phas...

Considering the fact that creative, creativity, co-creation are so very used terms in the last years, that creative industries and entrepreneurship in creative industries are the subject to many conferences, symposiums, courses, curricula, etc., discussions on creative economy is a subject of current interest, as well. To better understand creative...

The current article discusses the role of strategic partner of human resource in organizations related to the accomplishment of company’s strategy and enhancement of overall organizational performance. The literature emphasizes human resource strategies, practices and policies which represent fundamental issues of strategic human resource managemen...

Taking into consideration the shift from product or firm-centric approach towards the multiple personalized interactions of the client with a product, this paper marks the company and client perspective regarding co-creation. In the past years, more companies started to consider involving customers in different stages of product development, with n...

The current business environment is in constant change, characterized by increased competition and in order to remain relevant and to create products and services that respond better to the customers’ needs and expectations, companies need to become more innovative and proactive. To address the competitive challenges, more and more companies are us...

Increasingly often we hear around our terms like creativity, creation, co-creation, creative industries, prosumer. The literature indicates many definitions and explanations for them, but sometimes they are hard to understand and follow as well. These terms have been around us for years, but lately their use has increased as a result of the value c...

The current business environment is characterized by increased competition and highly innovative approach, in order to create products and services to better respond to the costumers' needs and expectations. In this specific context, the research approaches need to be more flexible and business oriented and so, throughout the paper we have used a r...

The term “creativity” is quite often used around us, especially lately, as today most people strive to be creative. The main reason for this is that creativity seems to represent an advantage in front of others. Entrepreneurs are extremely proactive and it is this orientation towards action which leads to their success in business, but also in thei...

Trends in the current literature emphasize the role of the organizational context in employee performance appraisal processes (e.g. Levy and Williams, 2004 and Armstrong and Ward, 2005 and Murphy & DeNisi, 2008). The current study aims to develop a comprehensive research framework in order to investigate the employee performance appraisal systems a...

The approach on the research of business ecosystems’ actors evolved as result of the analogy with the biological ecosystem. Based on this analogy, three major strategies were selected and defined, in following roles: keystones, dominators and niche players. However, the behavior of different actors was framed differently within already existing ind...

The current study provides a comparative analysis of innovation management approaches by engaging the digital customer in the development of new products, emphasizing the business strategies of two successful companies from the consumer goods industry, the Barilla Group and the Heineken Company. The main purpose of this paper is to analyze the inno...

Recent studies highlight the importance of employee performance appraisal in the context of strategic human resources management, outlining the role of organizational context. Accordingly, the paper presents an employee performance appraisal conceptual framework including the role of contextual factors, where strategic human resources management pl...

Various interdisciplinary theories were developed based on ecosystem’s analogy. Although current research points out clearly the structure of business ecosystems, analogy usage within different industries, the relations between ecosystem’s actors, there still remains the necessity to define and analyse how opportunities can be created and identifie...