21,454 research outputs found

    VALORIZING ENTREPRENEURIAL POTENTIAL OF THE CENTRALREGION - PARTNERSHIP BETWEEN UNIVERSITY AND BUSINESS ENVIRONMENT AS SUPPORTING ELEMENT OF THE ENTREPRENEURIAL CULTURE

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    The core of the economic growth is the nation entrepreneurial potential and itsforce of creation and qualities. The enthusiasm and imagination of the entrepreneurs that arecapable of accomplishing their dreams is the key element that leads a business to successbecoming in this way model of success for the future generations. Building the reliance between desire and reality, beginner entrepreneurs have to relyon solid basis such as business plan well elaborated, good practices and IT instruments. Onceestablished and adopted these elements, entrepreneurs and managers can apply their ownabilities in increasing a business and lead it towards success. So, leader entrepreneurs build success companies that are generating economicchanges and create working places but they are contributing to the improvement of theircommunities. Dynamic, flexibility, innovation spirit, orientation capacity towards the clientsneed or the quick reaction in market adaption represents the definitely characteristics of thesecompanies. Although the small and medium enterprises sector is one of the most affected by theeffects of the economic crisis, present situation can be considered as an opportunity for smalland medium companies in identifying and quick response to the market changes in findingflexible and innovative ways of developing activities.entrepreneurial potential, partnership, entrepreneurial culture

    Game Theoretic Approaches to Massive Data Processing in Wireless Networks

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    Wireless communication networks are becoming highly virtualized with two-layer hierarchies, in which controllers at the upper layer with tasks to achieve can ask a large number of agents at the lower layer to help realize computation, storage, and transmission functions. Through offloading data processing to the agents, the controllers can accomplish otherwise prohibitive big data processing. Incentive mechanisms are needed for the agents to perform the controllers' tasks in order to satisfy the corresponding objectives of controllers and agents. In this article, a hierarchical game framework with fast convergence and scalability is proposed to meet the demand for real-time processing for such situations. Possible future research directions in this emerging area are also discussed

    Czech Bankruptcy Procedures: Ex-post Efficiency View

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    The paper presents facts on the ex-post efficiency of the Czech bankruptcy procedures. First, it briefly summarizes in what aspects bankruptcy systems differ across countries and introduces the main observations made about the Czech case so far. Second, international data are presented to assess the Czech standings in four aspects of bankruptcies' ex-post efficiency – duration, recovery rate, administrative costs, and continuation/liquidation decision. Third, the paper provides a summary of statistical observations on ex-post efficiency based on data on 903 Czech companies whose bankruptcies were completed during 2004 by the distribution of returns to the claim-holders. In the paper, understanding the ex-post efficiency is meant as an important prerequisite for an analysis from the ex-ante efficiency prospective.bankruptcy; liquidation; ex-post efficiency

    MODELING AND EVALUATION OF A HYBRID OPTICAL AND MAGNETIC DISK STORAGE ARCHITECTURE

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    A hybrid storage system combining optical disks and magnetic disks is proposed and evaluated via mathematical models. Unlike most current applications of optical disk technology, which consider static databases or deferred update, this research considers environments with a moderate level of near real-time updates. An example of such an environment is databases for administrative decision support systems (DSS). The proposed hybrid storage system uses a write-once, read-many optical disk device (ODD) for the database and a conventional magnetic disk (MD) for storage of a differential file. Periodically, the differential file is used to refresh the ODD file by writing updated records to free space on the ODD. When available free space on the ODD is exhausted, the file is written to new ODD media - - a reorganization operation. Models of storage cost are developed to determine the optimum refresh cycle time, t*, and optimum reorganization cycle time, T*. Parameters of the model include data file volatility, file size, device costs, and costs for refresh and reorganization. Numerical results indicate that the hybrid system is attractive for a broad range of database environments

    THE CORRELATION BETWEEN THE INCREASE RATE OF GDP AND THE INFLATION RATE

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    The paper is based on base macroeconomic indicators analyze, registered in Romania after 1990, the main attention being focused on the correlation between GDP rate and inflation rate. GDP had different evolutions, in conditions of a high rate of inflation (excepting the period 2000-2004).In the paper analyze, it is shown the fact that the chaotic evolution of the main indicators of Romania in the period after 1990 is explained by the inconsequence and incoherency of the macroeconomic policy (till the end of 2000), due to the absence of the long term macro-strategies.correlations, economic growth, GDP, inflation rate, macroeconomic equilibrium
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