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Hilary Ndambiri, Eric Mungatana and Roy Brouwer

estimation of non-market resource values with payment card interval data. Journal of Environmental Economics and Management, 17(3), 230-246. doi:10.1016/0095-0696(89)90018-1. Carlsson, F., & Johansson-Stenman, O. (2000). Willingness to pay for improved air quality in Sweden. Journal of Applied Economics, 32(6), 661-669. doi:10.1080/000368400322273. Carson, R.T. (2000). Contingent valuation: a user’s guide. Environmental Science and Technology, 34(8), 1413-1418. doi:10.1021/es990728j. Central Bureau of Statistics - CBS. (2009

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Virgilijus Rutkauskas

References Allingham, M., and Sandmo, A. (1972). Income Tax Evasion: A Theoretical Analysis. Journal of Public Economics, 1, pp. 323-338. Alm, J., and Torgler, B. (2006). Culture Differences and Tax Morale in the United States and in Europe. Journal of Economic Psychology, 27, pp. 224-246. Alm, J., McClelland, G. H., and Schulze W. D. (1992). Why do people pay taxes? Journal of Public Economics, 48, pp. 21-38. Becker, G. S. (1968). Crime and Punishment: An Economic Approach. The Journal of

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Peter Štefaňák

Sustainability as a Tool for Increasing Competitiveness

One of the main aims of companies is to reach quality of products and services. In particular, good quality of services is a highly rated factor so the price often stands behind. Nevertheless, many companies focus on the quality as the customer is willing to pay for it. The company is more competitive; however, they must strive to achieve continual improvements. Accepting the principles of sustainable development is one of the instruments or strategies to reach competitive growth. Currently this notion is being profaned and often considered only as a simple phrase, but many companies from different spheres, such as tourism, electrical engineering, retail, civil engineering, etc., show its real benefits. Companies create strategies of sustainable development following company competitiveness.

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Oksana Kuryj-Wysocka, Jan Kuryj and Radoslaw Wisniewski

commercial real estate investment [w:] The Journal of Real Estate Finance and Economics, May 2014, Volume 48, Issue 4. PAVLOV A. D., 2000, Semi-parametric approach applied to real estate markets [w:] Real Estate Economics, June 2000, Volume 28, Issue 2. Y., YUAN Y., 2014, Why the housing sector Leeds the whole economy: the importance of collateral constraints and news shocks [w:] The Journal of Real Estate Finance and Economics, February 2014, Volume 48, Issue 2. SENETRA A., CIEŚLAK I., 2004, Kartograficzne aspekty oceny i waloryzacji przestrzeni , Olsztyn

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Liucija Birskyte

., 1992a. Estimating the determinants of taxpayer compliance with experimental data. National Tax Journal, XLV(1), pp. 107- 14. Alm, J., Jackson, B. and McKee, M., 1992b. Deterrence and beyond: Toward a kinder, gentler IRS. In: J. Slemrod, ed. Why people pay taxes. Ann Arbor: The University of Michigan Press, pp. 311-29. Alm, J. and Martinez-Vazquez, J., 2003. Institutions, paradigms, and tax evasion in developing and transition countries. In: J. Martinez-Vazquez and J. Alm, eds. Public finance in developing and transitional countries. 1

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Semir Vehapi

, S. and Sharm, G. (2009) “Consumers’ Willingness to Pay for Organic Products: A case from Kathmandu Valley”, Journal of Agriculture and Environment, June 10: 15-26. Bonny, S. (2006) “Organic Farming in Europe: Situation and Prospects”, Notre Europe, Paris, France, November, [Accessed January 14, 2014] Brčić-Stipčević, V., Petljak, K. and Guszak, I (2010) “Što utiče na kupnju ekoloških prehrambenih proizvoda?”, in: Katalinić, B. (ed.), Vallis Aurea - focus on Regional

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Lavinia Rașcă and Alecxandrina Deaconu


The entrepreneurial activity has been recognized as a major source of jobs and economic development. Entrepreneurial minded persons are passionate, dedicated, optimistic. They are never satisfied with status quo, so they take action in order to address opportunities, rather than over analyzing situations, and waiting for permission. They are ambitious and willing to do whatever it takes to succeed, they take calculated risks, and focus on what it matters. They know how to use own resources and how to secure those they lack, and they pay attention to cash flow. They are confident that their investment in time and money will pay-off. They love challenge, welcome change, and know how to listen. They do not strive to please everybody - being rejected motivates them to work harder. Despite much research into explaining what makes entrepreneurial initiatives successful, the answers are not clear, most studies presenting conflicting findings. The need for developing entrepreneurial competencies is more urgent than ever before, since they are recognized to be the main driver of the entrepreneurial success. It is important to know and understand how to achieve this goal. Are there specific competencies that make an entrepreneur successful? And are these born, or learnable? Based on literature review and on quantitative and qualitative analysis, this paper aims to identify motivators and competencies important for entrepreneurial success, as well as actions, learning and development programs to be developed in order to improve them. Conclusions based on surveys and interviews undertaken by the authors will also be presented. The paper might be of interest for government, education and training providers, employers, potential and practicing entrepreneurs.

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Borislava Stoimenova

, M., Bergeron, J. & Barbaro-Forleo, G. (2001). Targeting Consumers Who are Willing to Pay More for Environmentally Friendly Products. Journal of Consumer Marketing, 18(6), 503-520. Laroche, M., Toffoli, R., Kim, C. & Muller, T. E. (1996). The Influence of Culture on Pro- Environmental Knowledge, Attitudes, and Behavior: a Canadian Perspective. Advances in Consumer Research Volume, 23, 53-62. Laroche, M., Tomiuk, M., Bergeron, J. & Barbaro-Forleo, G. (2002). Cultural Differences in Environmental Knowledge, Attitudes, and Behaviours of

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Karthikeyan Parameswaran

& J. Rong-Chang. Willingness to pay for airlines’ premium economy class - The perspective of passengers, Journal of Air transport Management , 59, March 2017, pp. 134-142. 7. Doganis, R. Flying off Course IV: Airline Economics and Marketing, Business and Economics , Routledge, 2009. 8. Etihad Residence highlights the UAE airline ascension in first class travel, while others cut back. Available at , May

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Jasmina Dlačić and Selma Kadić-Maglajlić

: Integrating new and existing techniques. MIS Quarterly, 35(2): 293-334. Mueller, S., Remaud, H. & Chabin, Y. 2011. How strong and generalisable is the Generation Y effect? A cross-cultural study for wine. International Journal of Wine Business Research, (23)2: 125-144. Nielsen, 2007. Millennial consumers seek new tastes, willing to pay a premium for alcoholic beverages , News release from the Nielsen Company, available at: OIV, 2012. Statistical report on world vitiviniculture, 2012 . Paris: International