The Differences on Performance Perception between Public and Private Albanian HEI

Education is seen as a sector that determines the economic development and welfare of a country Higher education in Albania is relatively new Nowadays there are 38 Higher Education Institutions HEI that operate in Albania of which 15 are public and 23 are private HEI The aim of this research paper is to study the differences on performance perception between public and private Albanian HEI In this study it is used the factor analysis the reliability analysis and the discriminant analysis According to the factor analysis and the reliability analysis there are 9 factors that drive the performance of the HEI There is a significant difference on some factors of performance perception between public and private HEI in Albani

A GARCH MODEL APPROACH TO CALCULATE THE VALUE AT RISK OF ALBANIAN LEK EXCHANGE RATE

The exchange rate regime applied in Albania is a flexible one, as a result it directly brings the exposure to exchange rate risk. Value at Risk (VaR) is one of the known measures of this type of risk. The measurement of VaR for the EUR/ALL exchange rate is the aim of this paper. Taking into the consideration that Albania has its trade activity mainly with countries that are part of Eurozone and that Euro is actually the main reserve value tool, we are focused only in this currency. The GARCH model is used as the approach to measure VaR, as in our opinion, it is the most appropriate for this problem. The results confirm the stability of the model and it being appropriate. This paper is an original attempt to use this method for the calculation of VaR for the EUR/ALL exchange rate

The impact of entrepreneurship education on entrepreneurial intention. A quasi-experimental research design

There is a dearth of studies focusing on the relationship between entrepreneurship education (EE) and entrepreneurial intention (EI) in post-communist transition countries. The aim of this paper is to investigate the impact of EE on EI in the context of a Balkan country. An analysis of covariance (ANCOVA) was performed in a quasi-experimental research design with a pre- and post-program setting. To ensure the comparability between two groups of individuals (those with formal EE and those with no formal EE), a propensity score matching (PSM) along with coarsened exact matching (CEM) methods were applied in an original dataset of 528 adults. The use of this triangulation method was intended to attain more robust results. Our research establishes the impact of EE upon EI, a finding which is consistent with previous studies conducted in developed countries. Thus, individuals with formal EE reflected a higher intention to start a business. These findings offer insights for government officials and leaders of higher education institutions responsible for developing curricula and policies aimed at motivating university graduates toward entrepreneurship upon graduation and or completion of an EE course of study

Commitment-based HRM and inbound open innovation in SMEs: the role of organizational trust and developmental culture

Purpose: Although scholars have been studying human resource management (HRM) and open innovation (OI), yet there is less attention to this relationship in the context of small-and medium-sized enterprises (SMEs). This paper aims to bring some insights about the human side of inbound open innovation (INOI) in SMEs. The goal is to better understand the role of organizational trust (OT) and developmental culture (DC) in the interactions between commitment-based HRM (C-HRM) and INOI. Design/methodology/approach: The present study employs partial least squares-structural equation modeling to investigate the interrelationships among constructs, utilizing data gathered from a sample of 206 SMEs. Findings: The study's empirical results indicate that the presence of OT serves as a complementary factor in mediating the relation between C-HRM and INOI. Furthermore, the analysis shows that there exists a moderating influence of DC in the relationship between C-HRM and INOI. Practical implications: The role of HRM practices is important in developing OT and consequently foster INOI in SMEs. To achieve INOI, SMEs need a DC that induces C-HRM toward an OI approach. Originality/value: This study adds to the understanding of the interactions between C-HRM practices and INOI in SMEs. The comprehension of the mediating function of OT and the moderating effect of DC serve to enhance the scholarly understanding of the human dimension of OI research.FaME TBU, (IGA/FaME/2023/012)FaME TBU "Closed and open innovation: role of human resource, servant leadership, digitalization, and uncertainty" [IGA/FaME/2023/012

The impact of government subsidies on the olive and vineyard sectors of Albanian agriculture

This study analyses the impact of government subsidy schemes on farm production capacity, technical efficiency and use of idle production factors (land and labour) in the olive and vineyard sectors of Albanian agriculture. The paper uses a quasi-experimental design by applying a propensity score matching method based on a structured survey conducted in 2013. The results show that the government subsidy scheme had a net positive impact on areas planted with olives and grapevines, and on part-time on-farm employment. On the other hand, no significant net impact was observed regarding farm size and crop yields. This is the first time that such an in-depth impact assessment of government subsidies in the agriculture sector has been carried out in Albania, thus the results will be useful both for scientists and policy makers in agriculture and rural development

Business recovery and institutional constraints: evidence from Visegrad countries and Serbia

The current study investigates how institutional constraints and firms’ and entrepreneurs’ characteristics affect business recovery. Some elements have not yet been rigorously examined in the existing literature, especially not concerning the post-communist countries’ business recovery component and the same is the research gap current study intended to address. To evaluate the study model, ordinal logistic regression was used. More than 300 valid questionnaires are collected from the Czech Republic, Hungary, and Serbia. The findings show that factors such as firm tenure and size, location, sector, entrepreneurial motivation, product change, etc., have conflicting effects on business recovery. Some of the outcomes of the present study is supported by the existing studies and some requires further research. The study focuses on the less explored independent variables and their association with business recovery, specifically on SMEs, which highlights the paper’s originality. The output of the current study adds to the existing literature of business recovery and institutional constraints. Policymakers interested in removing institutional limitations and promoting a quicker business recovery for SMEs are drawn to the research. The study findings are also helpful from a managerial standpoint because business owners and managers significantly impact decisions about entrepreneur motivation, product change, and other issues

Determinants of financial capability: Evidence from a transition country

Among scholars, academicians and policymakers there is a constant concern on how to improve financial literacy and capability of individuals. In this regard, this study seeks to investigate the effect of financial literacy along with demographic factors on individuals' financial capability. This research is administrated on an individual-level data collection through a survey. This paper uses hierarchical multiple regression with two steps in a dataset of 200 respondents from a transition country, Albania. Results demonstrated that financial capability is affected by financial knowledge and financial behaviour. In addition, individuals that were single, unemployed and young negatively influenced financial capabilities. However, having higher incomes positively impacted financial capability. These findings are consistent with the literature in the field of financial literacy. Financial attitude and gender did not show any significant effect on financial capability. This paper contributes to enriching the literature of the field by offering evidence on how financial literacy and demographic factors drive individuals' financial capability. In addition, this current study provides useful insights for academicians, educational institutions managers, and public-policy advocates responsible for designing curricula and strategies to increase the level of individuals' financial capability.Internal Grant Agency of Faculty of Management and Economics, Tomas Bata University [IGA/FaME/2019/002

The role of generational cohorts in mobile banking adoption: evidence from South-Eastern Europe

The extended unified theory of acceptance and use of technology (UTAUT2) model extensively explains consumers' behaviour. However, from the service providers' perspective, understanding the role of generational cohorts in technology acceptance is necessary. The paper explores this role in mobile banking adoption by investigating its moderating effect on the linkages between the antecedents of the UTAUT2 model and behavioural intention. The article uses the partial least square method and regressions with generation as a multi-categorical moderator to investigate the moderating effect in a sample of 959 individuals from South-Eastern Europe. Findings reveal that generations govern most of the linkages between the antecedents of UTAUT2 and behavioural intention. These relationships were stronger for generation Y than generation Z, while there were no differences between generation X and Y. The paper contributes to the literature by providing theoretical and practical insights in the context of developing countries.Ministry of Agriculture, Forestry and Rural Development; E

The relationship between entrepreneurship education and entrepreneurial intention: Evidence from a transition country

Finding ways that foster entrepreneurship is a constant concern for policymakers. Education is seen as a key factor that may contribute in this regard. This study seeks to assess the relationship between entrepreneurship education and entrepreneurial intention in the context of a transition country. Using a dataset of 528 respondents, two groups (treated and controlled) were created following a quasi-experimental research design. To ensure the comparability of these two groups, propensity score matching and coarsened exact matching were performed. The study found a positive relationship between entrepreneurship education and entrepreneurial intention, which is consistent with previous studies. This research provides useful insights for policymakers and universities who are responsible for designing policies or curricula to encourage students to engage in entrepreneurial activities. Copyright © 2021 Inderscience Enterprises Ltd.IGA/FaME/2019/00

Value at risk estimation of the market indexes via GARCH model: Evidence from Visegrad countries

Stock markets stand as an important element within the financial system. Financial crises of 2008 showed that stock market crash influence the real economy. On the other hand, economic and financial globalization has created interdependency within national economies. The current research tends to measure risk exposure of the Visegrad stock markets (Czech Republic, Hungary, Poland and Slovakia). One of the indicators of the risk exposer of a financial assets is value at risk. In this study, value at risk is estimated using GARCH model in a dataset of almost three thousand working days per each stock markets. White noise process and ARIMA (1, 1) were applied to get more robust results. The worse stock index among Visegrad countries was identified SAX (Bratislava index, Slovakia) and the most promising one was BUX (Budapest index, Hungary). Value at risk is a useful tool that investors can use to analyze the performance of a share or market index in terms of risk exposure. Furthermore, it can be used even as an instrument to forecast the level of risk exposure an investor could face in the future.Internal Grant Agency of Univerzita Tomase Bati ve Zline [IGA/FaME/2019/002