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Abstract

Numerous research and analytical studies envisage a new wave of disruptive innovations that will completely change the economic landscape, organization and business models in the short term, as well as ways of managing companies. This wave of innovation, followed by the use of new digital technologies, such as Big Data, mobile applications, social networking, robotics, 3D printing, nanotechnology, quantum informatics, cloud computing, etc., through various forms and modes of cyber vulnerability, contribute to reducing the ability to achieve effective protection, not only for companies and public services, but also for other services available to citizens. The current research preoccupation is focused on finding adequate solutions, in terms of protecting the digital economy and digital business from all modern threats and risks that the modern disruptive technologies carry along with. The thematic focus is on strengthening the institutional and operational capacities of existing and newly-formed specialized agencies, such as: ENISA, EC3 and EUROPOL, in order to provide an integrated institutional response to a wide range of hybrid and cyber threats. The final section of the paper presents an overview of comprehensive strategic, regulatory and institutional approach of the EU to cyber incidents and crises in the digital space.

Summary

Digital economy creates waves and waves of disruptions. To survive and thrive in digital economy, where technology is disrupting industries from education to even manufacturing, companies are looking for new approaches to stay relevant. As the world becomes more digitalized, customer-centric approach to product development, short product cycles and rapid decision-making is needed. At the same time, while optimizing the existing core business, companies must grow more entrepreneurial culture and transformational growth engines inside the companies. Following this path, the major challenge for companies is how to implement strategic growth innovation along with executing traditional business model and operational excellence. This paper aims to explore and present the importance of digital transformation and innovations. Companies should strive to build collaborative relationships as a means to creating transformational growth. It is suggested that information and communications technologies are significant in the process of strategic planning. The Paper also emphasizes the importance of organizational structure and culture required for implementing strategies that are aligned with digital transformation.

Abstract

This article is a review of the book ‘Brain Computation As Hierarchical Abstraction’ by Dana H. Ballard published by MIT press in 2015. The book series computational neuroscience familiarizes the reader with the computational aspects of brain functions based on neuroscientific evidence. It provides an excellent introduction of the functioning, i.e. the structure, the network and the routines of the brain in our daily life. The final chapters even discuss behavioral elements such as decision-making, emotions and consciousness. These topics are of high relevance in other sciences such as economics and philosophy. Overall, Ballard’s book stimulates a scientifically well-founded debate and, more importantly, reveals the need of an interdisciplinary dialogue towards social sciences.

Abstract

Successful development of electronic banking is in direct correlation with the quality of services in electronic banking. Therefore, it is necessary that the banks are familiar with the attributes of electronic services on which clients assess the bank’s quality and client’s satisfaction with them, in order to be able to monitor, correct and improve the performance of electronic banking. We start from the hypothesis that there are already developed theoretical models for measuring the quality of e-banking services but they must be adjusted to the specific environment that is analysed in order to obtain reliable and quality information. The qualitative and quantitative research methods are applied in this paper in order to a get adjusted theoretical model (instrument) for measuring the quality of electronic banking services. As a result of the conducted analysis, the initial theoretical model has been modified, so that the final version of the model (instrument) for measuring quality of online banking allows obtaining reliable data, and information in the particular environment. And the results are: significant information about the quality of e-banking, modified theoretical model, information about the dimensions of quality of e-banking, customer satisfaction, and pathways and guidelines for the improvement of e-banking. The measuring of quality of electronic banking services in not one time activity but repeated one, as permanent monitoring strategy. This research is widely applicable even though it was conducted in the context of Montenegrin e-banking, since most of the banks in Montenegro are owned by well-known European banks, and it is expected that the obtained knowledge and information can be generalized.

Abstract

Preliminary data analyses in decision-making systems and procedures are very important for numerous reasons, in particular because the accumulation and analysis of large data sets is costly and time-consuming. The effective use of decision support systems, including on the real estate market, requires the elimination of noise. The authors have proposed to eliminate redundant data with the use of the modified method for evaluating the capacity of the data set, which is applied in the process of classifying the condition of real estate markets. The proposed procedure (subsystem) is an attempt to improve the effectiveness of analyses relating to the development of methods for rating real estate markets. The proposed solutions will be simulated on the example of leading real estate markets in Poland and Italy.

Abstract

We live in an information society for which the Internet, as a global system of connections between computers and, consequently, databases stored in them, plays a highly important part. Hence, more and more real property data are available. This article is devoted to the analysis of the opportunities to purchase the Register of Real Estate Prices and Values (RREPV) online from county geoportals. RREPV is one of the sources of information used in the process of real estate value estimation. Pursuant to § 74 of the Regulation on the Land and Property Register, the register is kept by the head of the county. There are 380 counties in Poland, including 66 city counties. Such a big number of administrative units in Poland, along with a great variety of different information and communication systems used for keeping RREPV, results in the fact that online access to the register data is not possible everywhere. The aim of the paper is to present the spatial layout of counties which: created the opportunity to access the National Geodetic and Cartographic Resource data via county geoportals, launched special modules for handling real estate appraisers and made it possible to purchase RREPV data online.

Abstract

In this paper, we focus on the importance and influence of employees’ values as an essential element of organizational culture in the acquisition of knowledge. Based on empirical research, we studied the influence of employees’ values in Slovenian organizations on the acquisition of knowledge, enabling us to identify the core values that exert the greatest effect on the acquisition of knowledge. The results of the analysis confirmed the positive impact of employees’ values on the acquisition of knowledge. We found that the more employees are dedicated to personal development and the more they feel connected and loyal to the organization, the more they are inclined to the development and acquisition of knowledge.

Abstract

Even if the issue of youths’ inclusion in the labour market was always an important item on political agendas, during the last two decades this issue had particular relevance. In the last years, unemployment for this age group had unprecedented amplitude, reaching 20.6% in Romania in 2016. Modern societies provide for youths opportunities, still they are faced with major challenges related to the education and training and access to the labour force market.

During the last decades, the world economy shifted in a continuous process from development based on traditional factors to the knowledge-based economy. The development of the knowledge-based economy leads to changes in labour force demand also: new skills and competences are required. As new technologies are implemented, the demand for high-skilled workers increases, especially for high-skilled ones in the field of Information and Communication (IC), and the demand for low-skilled workers decreases.

The paper presents a brief characterisation of the labour force market at the level of Romania‘s regions of development and an analysis of the particularities of the youths’ labour market in the context of sustainable development and of the new economy as well as some advantages of using young labour force for sustainable development.

Abstract

Let R be a ring, MR a module, S a monoid, ω : S → End(R) a monoid homomorphism and R * S a skew monoid ring. Then M[S] = {m1g1 + · · · + mngn | n ≥ 1, mi ∈ M and gi ∈ S for each 1 ≤ i ≤ n} is a module over R ∗ S. A module MR is Baer (resp. quasi-Baer) if the annihilator of every subset (resp. submodule) of M is generated by an idempotent of R. In this paper we impose S-compatibility assumption on the module MR and prove: (1) MR is quasi-Baer if and only if M[s]R∗S is quasi-Baer, (2) MR is Baer (resp. p.p) if and only if M[S]R∗S is Baer (resp. p.p), where MR is S-skew Armendariz, (3) MR satisfies the ascending chain condition on annihilator of submodules if and only if so does M[S]R∗S, where MR is S-skew quasi-Armendariz.

Abstract

For an arbitrary infinite cardinal κ, we define classes of κ-cslender and κ-tslender modules as well as related classes of κ-hmodules and initiate a study of these classes.