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:// [Accessed February 1, 2019]. [5] Borrás, S., Edquist, Ch., 2016. Conceptual Underpinnings for Innovation Policy Design: Indicators and Instruments in Context . Unpublished paper prepared for the OECD Blue Sky Conference III, September 19-21 2016, Ghent, Belgium. [6] Borrás, S., Edquist, Ch., 2013. The Choice of Innovation Policy Instruments . CIRCLE - Center for Innovation, Research and Competences in the Learning Economy. Lund: Lund University. [7] Caballero, J.R., 2014. Measuring Innovation Efficiency in Europe. A Färe-Primont TFP Index Approach

Management Efficiency

Modern management process may be viewed as one constant series of decision making and creation of conditions for effective decision realization. In the process of organizing it is important to verify the organization effectiveness and implement corrections in order to maintain or increase this effectiveness. For the purpose of situation diagnosis and improvement of organization's results, the three-efficiency-levels approach is used (organization level, process level, workstation level). Degree of decision effectiveness (efficiency) will depend on rationality of the problem solving process. Therefore, it is necessary to determine the primary and supporting goals as well as strategies for their realization and to take care of the quality of organization's internal activities, which includes full readiness for cooperation and flexibility towards changes.

-čienė, J., 2012. Application of cleaner technologies in milk processing industry to improve the environmental efficiency. Clean Technologies and Environmental Policy, 14 (6): 1037-1045. [16] Environmental Strategies (online), 2013. Available: onment [17] Ferreira, A., Moulang, C., Hendro, B., 2010. Environmental management accounting and innovation: an exploratory analysis. Accounting, Auditing &Accountability Journal, 23 (7): 920- 948. [18] Foelkel, C., 2008. Eco-efficiency and cleaner production for the eucalyptus pulp and

., Harvie, C., Amornkitvikai, Y., 2013. Identifying Technical Inefficiency Factors for Thai Manufacturing Small Enterprises. ICSB World Conference Proceedings , 2(2), p.1. [5] De Silva, I., 2008. Micro-level Determinants of Poverty Reduction in Sri Lanka: A Multivariate Approach. International Journal of Social Economics , 35(3), pp.140-158. [6] Le, V., Harvie, C., 2010. Technical Efficiency of Manufacturing SMEs in a Transitional Economy: Evidence from Vietnam. ICSB World Conference Proceedings , p.1. [7] Badan Pusat Statistik, 2016. Number of Poor Population Based

. Freeman C. - Technology and Economic Performance: Lessons from Japan. Pinter, London 1987. Freeman, C. - The National System of Innovation in historical perspective [in] Cambridge Journal of Economics. Vol. 19, 1995, pp. 5-24. Global Innovation Index. Insead, The Business School for the World 2009. Hollanders H., Esser F. C. - Measuring innovation efficiency. ProInno Europe. InnoMetrics, 2007. Karlsson M. - Commercialization of Research Results in the United States: An overview of Federal and academic technology transfer. Swedish Institute for Growth policy

6 REFERENCES [1] Arun, T., Imai, K. and Sinha, F., 2006. Does the Microfinance Reduce Poverty in India? Propensity Score Matching based on a National-Level Household Data. Economics Discussion Paper, The University of Manchester, September. [2] Athanassopoulos, A.D., 1995. Performance Improvement Decision Aid Systems (PIDAS) in Retailing Organizations Using Data Envelopment analysis. Journal of Productivity Analysis , 6(2), pp.153-170. [3] Athanassopoulos, A.D., 1997. Service Quality and Operating Efficiency Synergies for Management Control in the Provision of

:// [17] Fore S., Mbohwa G.T. (2010) - Cleaner production for environmental conscious manufacturing in the foundry industry. Journal of Engineering Design Technology (online), 8(3):314-333. (Accessed 21 June 2013). [18] Godschalk S. (2008) - Does Corporate Environmental Accounting Make Business Sense. Eco-efficiency in Industry and Science. 24: 249-265. [19] Henriques I., Sadorsky P. (2007) - Environmental Technical and Administrative Innovations in the Canadian Manufacturing Industry . Business strategy and the

Technology Transfer Offices: Parametric and Non-Parametric Evidence [in] Research Policy, Vol. 34 (3), 2005, pp. 369-384. [12] Chen D.H.C., Dahlman C.J. - The Knowledge Economy, the KAM Methodology and World Bank Operations . The World Bank, Washington DC 20433, 2005. [13] Coelli T.J., Rao D.S.P., O'Donnell C.J., Battese G.E. - An Introduction to Efficiency and Productivity Analysis . Springer, New York 2005. [14] Cooper W.W., Seiford L.M., Tone K. - Data Envelopment Analysis and its Uses . Springer, New York 2006. [15] Dahlman C.J. - Technology Strategy in East Asian


Production assets management in a company is a traditional function, which in the period of transition of the Polish economy gradually lost the role of co-relation with the production function to the function of marketing and sales, finance or even logistics. An efficiency was selected as the main operating criterion at the company level i.e. the ability to reach a set goal of the final activities. Technological efficiency at the level of the production station is expressed by the ratio of technological efficiency, at the level of production cell the efficiency of technology influence on efficiency of production cell. The inspiration for this paper were the new approach to company value on the market, including the value of assets, and advancement in the production technology and an appearance of modern tools.

manufacturing in the foundry industry. Journal of Engineering Design Technology 8(3):314-333 [online] Available at: [Accessed 6 Aprile 2016]. 10.1108/17260531011086180[Accessed6Aprile2016] [8] Godschalk, S., 2008. Does Corporate Environmental Accounting Make Business Sense. Eco-efficiency in Industry and Science. 24:249-265. [online] Available at: [Accessed 9 November 2015]. [9] Jasch, C., 2009. Environmental and