A Comparative Study of Some Features of Higher Education in Romania, Bulgaria and Hungary

The transition from the centralized economy to the market economy has determined important changes in higher education in the countries of the former socialist bloc. In a relatively short period an impressive growth in the number of students has been recorded without taking into account the evolution of the number of pupils in high school and demographic phenomena, such as increased migration, reduced birth rate, and so on. In a medium and long time horizon the current increases in the number of students cannot be sustained. For the analysis of the data series we used a number of econometric techniques.regression models, cointegration, higher education statistics, education expenditures, ADF, unit roots

Intergenerational knowledge transfer in the academic environment of knowledge-based economy

In the immediate future, intergenerational knowledge transfer is one of the knowledge-based economy’s main challenges since an inner motivational force powers knowledge transfer. Knowledge transfer from individuals to groups and organization must follow knowledge creation in order to transform individual into organizational knowledge, along the epistemological dimension of the Nonaka’s knowledge dynamics model. Moreover, the knowledge intensive organizations increase their fluxes of knowledge across different age layers and different departments, reducing in the same time the company knowledge loss. The academic environment is, by nature, an age layered field or a nested functional structure. Intergenerational knowledge transfer becomes any university main driving force, while understanding its dynamics is important for academic life improvement. The purpose of the paper is to present some of our research results in the field of intergenerational knowledge transfer in the academic environment of the knowledge-based economy. We performed a qualitative and quantitative research of the knowledge transfer process in the academic environment, using the Analytic Hierarchy Processes (AHP). We analyzed the faculty staff attitudes toward cooperation, competition, and innovation as main priorities in performing research, writing books and publishing scientific papers. The above-mentioned activities are based on intergenerational knowledge transfer and lead to learning processes at individual and organizational levels. Respondents are members of the academic staff of economics and business faculties from the main Romanian universities.knowledge, knowledge-based economy, knowledge transfer, university

Electronic cost alternatives for e-commerce

The e-commerce can lead to cost reduction in case of a supplier in many different ways and can subsequently increase the competition potential of an enterprise. The e-commerce generates on average lower costs than those coming up if it were to reduce them by considering their components. As for the competition mechanism, such changes produce significant modifications within a market economy. The Internet renders the possibility of creating business contacts in a rapid and geographically independent manner as well as of obtaining data and of realizing transactions within world economy.Information technology; costs; e-commerce; electronic markets; added value.

Analyzing the Link Between Work Flexibility, Job Satisfaction and Job Performance Among Romanian Employees

The labour market has redefined in recent years and has changed the way employers report to employees. Work flexibility is important in the context in which those who work at the desired hours tend to be more motivated and spend a longer period of time without changing their job. The paper aims to analyse the link between the main forms of work flexibility, job satisfaction and job performance using a sample of 220 employees, emphasising the role of work flexibility in the motivation system of employees and evaluating the impact of workspace on job satisfaction and performance. The empirical results revealed that schedule flexibility (a flexible program, teleworking or reducing overtime) tend to significantly influence job satisfaction and performance and from the four new types of working (FO, CW, HOT, HOP) the results revealed that all four ways of working highly impacted the well-being, personal and professional performance and the overall level of motivation

Privatization between Professionism and Transparency

Privatization has become a truly global process which varies significantly from one country to another. The real test for the privatization experts is to take into account not only the international best practice but also the local cultural and economic conditions. In the field of public utilities, France pioneered the system of privatization by contracting-out or gestion déléguée - delegated management