On Metaeconomic Consensus in Global Management

The paper review the metaeconomic approaches in global management (MGM) which include social criteria and tasks arranged into consecutive conceptual system with account of changing normative (or minimax) functions and multicriteria approach detailing admitted hierarchies of those preferences. The systemic taxonomy of the MGM and its structurization are reviewed and conceptualized. The ranking of priorities in the multipurpose economic modelling of social preferences presupposes the weighed comparability of criteria functions on the qualitatively different levels-determining the alternatives of optimization, also multicriteria dynamic equilibrium and the preferable managerial strategies. The stochastic network modelling of universal sustainability for country’s economic development, disposable resources’ allocation a/o characteristics of complex adaptive systems can be recommended as a productive approach to intellectual management practice. The development of MGM would be more effective with more wide integration of multicriteria approaches, also more sophisticated statistical evaluations of intellectual potential in competitive management. The analytical review of the MGM revealed its significance at the stages of formulating the aim hierarchies, or choosing the optimization criteria, the restrictions on preferences and taxonomy of sustainable development

The Influence of Professional Competencies on Social Sustainability

The universal sustainability approach becomes the main direction when outlining the UN World in 2050 policy tasks. Within this approach, the competencies and skills for front-end innovation are becoming decisive sustainability factors in the future developing society. The simplified multiple criteria assessment methodology based on cobweb diagrams was applied to the regional expert evaluations of innovative HR potential a/o factors determining sustainable modern knowledge development, also comparative interdependencies of education–knowledge- innovation components within the Baltic and Scandinavian States. The task was to evaluate innovative potential of the Nordic countries and reveal how global innovation indicators could be applied as drivers determining their universal sustainability. The practice of Scandinavian countries as innovation leaders could be useful more wide in developing sustainable HR potential for competitive efficiency

Multicriteria Evaluation of National Entrepreneurship In Newly EU Countries

When evaluating entrepreneurship at the national level, the influence of small and mediumsized enterprises (SMEs) on the state economic development is analyzed. Also, the impact of significant factors (goods and services competitiveness, innovations, diversification,clusterization, creating social value, etc.) on SMEs working effectiveness (respectively improving the entrepreneurial efficiency) is investigated. When focused on the national economic competitiveness as a general criterion, the principles and models for consolidated quantitative estimation of national entrepreneurship development level are applicable for newly admitted EU countries (on account of some of their specific factors). The results ofassessing the entrepreneurship level in 2009-2010 and the nearest future are presented in this study using Lithuania’s data as a typical case. The multicriteria estimation process includesthe identification and expert examination, in addition to quantifiable assessment of essential primary indicators. Moreover, the pillar indexes underlying them and entrepreneurship development index using the significance parameters of primary indicators are determined by the authors. The relative impact of the different primary and partial criteria is taken into account by calculation of the integrated criterion–level index, which allows us to evaluatemore adequate differences in newly EU countries. To improve the (World Economic Forum) WEF methodology, the authors are using various, not predetermined, weights of primary indicators, also indexes of performance and propose a more adequate differentiation ofsignificances for the pillars. The complex evaluation of the primary indicators influencing business may be used for the strategic solutions reasoning

Contents of Global Talent Evaluations: Baltics & Serbia

The study discuss the reliability of global talent competitiveness (GTC) as framework of deter- minants based on multiple criteria assessment method- ology presenting the comparisons of Baltic States and Serbia as a case study. The multiple criteria evaluation principles are focused on the knowledge components interdependencies with global talent determinants as well as other criterial systems used for the innovation strategies. The approach in a research under review and de- tailing of GTC criterial system when evaluating the talent potential determinants revealed some benefits of multicriteria decision making analysis. The GTC index is a useful instrument for rational global talent management when using the EU structural funds, in- tersectorial distributing of limited resources for more rational development of labour & vocational skills, for evaluating the innovation and talent growth determi- nants