Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017
This paper is a summary of the keynote speech presented at the Conference. Its purpose is to anal... more This paper is a summary of the keynote speech presented at the Conference. Its purpose is to analyse the importance of billionaires in the economy of the 21st century. The paper analyses three basic questions about the billionaires namely, their number, the cause of their existence and the consequences of that existence. The methodology of the paper is basically search of data and information online coupled with reasoning about the topic. We conclude that billionaires are few in number but their importance is rsing. They are explained by many factors, most important of all the intangible assets which govern the economy of the current times; and their social, economic and political importance cannot be underestimated. So, as a general conclusion we find that billionaires are a distinctive feature of the economy of the 21st century, and that they are here to stay, and, wthin a ever more interdependent world, they will survive as long as they will be considered a force of economic well being,
New Trends in Sustainable Business and Consumption
An economic phenomenon that is defined by the movement of industrial activity from developed to e... more An economic phenomenon that is defined by the movement of industrial activity from developed to emerging nations has occurred during the past two decades. This technique may be seen as the huge firms' solution to the issue of production costs that were steadily growing along with rising living standards and compensation. This paper seeks to study outsourcing from the standpoint of its evolution as well as the benefits and drawbacks that come with it. On the other hand, this research essay aims to define the concept's foundations and explore its applicability to the public sector. Overall, research on outsourcing has shown that outsourcing can provide significant benefits in terms of cost savings, flexibility, and quality, but it also presents challenges in terms of managing relationships, maintaining control, and managing the human resources aspects of outsourcing. Companies need to carefully consider the potential benefits and risks of outsourcing before deciding whether to...
Digitalization has become a watchword in all areas of economic and social activity, and its integ... more Digitalization has become a watchword in all areas of economic and social activity, and its integration has become a necessity for every state worldwide. If a few years ago we were talking about technological innovation and cutting-edge technologies we are now talking about digital technologies, robotics, big data, and artificial intelligence, and future industrial production will develop in symbiosis with modern information and communication technology. The paper aims to show the impact of digitalization on macroeconomic indicators, including labor productivity, value-added, and value of exports of goods and services, and in this regard, we have built an econometric model to see how digitalization and the evolution of macroeconomic indicators work, and how they will influence the degree of growth and economic development. The research results verify the hypotheses we started from, namely that there is a positive and strong correlation between digitalization and productivity, as wel...
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017
This paper is a summary of the keynote speech presented at the Conference. Its purpose is to anal... more This paper is a summary of the keynote speech presented at the Conference. Its purpose is to analyse the importance of billionaires in the economy of the 21st century. The paper analyses three basic questions about the billionaires namely, their number, the cause of their existence and the consequences of that existence. The methodology of the paper is basically search of data and information online coupled with reasoning about the topic. We conclude that billionaires are few in number but their importance is rsing. They are explained by many factors, most important of all the intangible assets which govern the economy of the current times; and their social, economic and political importance cannot be underestimated. So, as a general conclusion we find that billionaires are a distinctive feature of the economy of the 21st century, and that they are here to stay, and, wthin a ever more interdependent world, they will survive as long as they will be considered a force of economic well being,
New Trends in Sustainable Business and Consumption
An economic phenomenon that is defined by the movement of industrial activity from developed to e... more An economic phenomenon that is defined by the movement of industrial activity from developed to emerging nations has occurred during the past two decades. This technique may be seen as the huge firms' solution to the issue of production costs that were steadily growing along with rising living standards and compensation. This paper seeks to study outsourcing from the standpoint of its evolution as well as the benefits and drawbacks that come with it. On the other hand, this research essay aims to define the concept's foundations and explore its applicability to the public sector. Overall, research on outsourcing has shown that outsourcing can provide significant benefits in terms of cost savings, flexibility, and quality, but it also presents challenges in terms of managing relationships, maintaining control, and managing the human resources aspects of outsourcing. Companies need to carefully consider the potential benefits and risks of outsourcing before deciding whether to...
Digitalization has become a watchword in all areas of economic and social activity, and its integ... more Digitalization has become a watchword in all areas of economic and social activity, and its integration has become a necessity for every state worldwide. If a few years ago we were talking about technological innovation and cutting-edge technologies we are now talking about digital technologies, robotics, big data, and artificial intelligence, and future industrial production will develop in symbiosis with modern information and communication technology. The paper aims to show the impact of digitalization on macroeconomic indicators, including labor productivity, value-added, and value of exports of goods and services, and in this regard, we have built an econometric model to see how digitalization and the evolution of macroeconomic indicators work, and how they will influence the degree of growth and economic development. The research results verify the hypotheses we started from, namely that there is a positive and strong correlation between digitalization and productivity, as wel...
Uploads
Papers by Razvan Dobrea