Changes of human resource management in the context of impact of the fourth industrial revolution

    Industry 4.0, Vol. 5 (2020), Issue 3, pg(s) 138-141

    Fourth industrial revolution also called Industry 4.0, is considered as the most discussed topics among experts nowadays. The excitement for the Industry 4.0 goes two ways. First says that the fourth industrial revolution deals with the question of “a priori” and not “ex-post”. Organizations and research institutions gain opportunities for active building and forming of the future. Secondly, it has significant economic impact, which promises much higher operational efficiency, as well as development of brand-new business models, services and products. At the moment, organizations are able to run without elements of the Industry 4.0, but only for a limited time. They have to look for a path of further development, and that is digitalization in each field of business. With help of human resource management, organizations are able to form skills, abilities, behaviour and attitude of employees in order to achieve the targets of organization. Human resources represent significant factor for competitive advantage in the knowledge economy. In the Industry 4.0 considering human resource management, managers have to mainly focus on supporting of innovation and learning in the organization. The main goal of this article is to identify changes in methods and techniques during realization of human resource management in the context of the impact of fourth industrial revolution in theory, based on research of available scientific literature. Attention is mainly focused on selected functions of human resource management like job design, staffing, training and performance appraisal


    Innovations in construction industry for transportation engineering

    Innovations, Vol. 8 (2020), Issue 2, pg(s) 65-68

    Innovation in the global economy has been very intense in recent decades. Changing the industry based on digitalization and the introduction of 5G technology brings new challenges and opportunities.
    There is a serious construction industry in the field of transport construction that fully or partially caters to the industry. The transition to a “smart”, digitalized and decentralized industry is yet to come. In the field of railroads, centralization and conservatism are respected. It is preferable to follow world practice, patents and regulations. The theme of EU rail interoperability also gives its specificity, but the development towards the robotic industry is yet to come. Change must first be studied, designed and implemented. The report analyzes the existing situation and formulates conclusions for innovations in the construction industry serving the transport construction industry.


    Stimulation of innovative activity in modern conditions of development of the Russian economy

    Innovations, Vol. 8 (2020), Issue 2, pg(s) 63-64

    The relevance of this article most effectively shows the need to move the modern domestic economy to a new, innovative level. The main problem is that in the scientific literature there is no official confirmation of the effectiveness of innovative methods of stimulation. The methodological framework includes observation, theoretical analysis, and conclusions. The main research methods include: analysis of modern concepts of innovation, comparative analysis of the practice of innovation activity of a number of regional enterprises, and a comparative method. The study gave the following results: it showed that most enterprises were able to form innovative competence through the tools used, which confirms the effectiveness of the proposed method. This is also due to stricter competition conditions, complications in interactions with international partners, etc. This article provides an analysis of the innovation activity of a number of regional campaigns, describes ways to stimulate the innovation activity of subjects, and suggests ways to use tools to stimulate the innovative activity of subjects in the innovative aspect. Therefore, the conclusion of this study expands the knowledge about the possibilities of the innovation process and the potential in the learning process at the enterprise and the possibilities of improving economic phenomena, thereby allowing the domestic economy to move boldly in the right direction


    Marketing of agricultural innovations within EU Horizon 2020’s RRI concept – an integrated marketing communications perspective

    Innovations, Vol. 8 (2020), Issue 2, pg(s) 56-59

    Modern agriculture has been causing a headache for researchers worldwide for a long time, due to the necessity of more food to support the growing global society, that brought with it environmental and economic problems that highlight issues that weren’t acknowledged prior to their emergence. Solution is necessary, and one of the few possible tools in resolving the inadequacies is innovation. Therefore, the EU introduced RRI (responsible research and innovation) as a pillar of innovation it wishes to lean on post 2020, to support and increase the efficiency of innovation, while dedicating significant funding to agricultural innovation. Our study aims to explore the possibilities of increasing the efficiency of agricultural innovation using integrated marketing communications as a supporting tool. Agricultural innovators were asked to provide input via deep interviews, and a questionnaire was conducted to test the application of the concept of using integrated marketing communications as the method of increasing RRI efficiency for agricultural innovation.


    Intellectual Property Rights (patents): Essentials and innovative potential in wine industry

    Innovations, Vol. 8 (2020), Issue 1, pg(s) 25-28

    The aim of the paper is to explore what the influence of the Intellectual Property Rights (IPRS) on the Modern economic growth is, whether there is a relationship between them, and what impact can patents have on the invention activity – positive, negative or both. It is going to explain the importance and association of technological progress with economic growth, the main goal and idea of IPRS, the way the system has been used in the period of the beginning of Modern economic growth, and research whether patents were the biggest incentive for inventors in this period as a whole and in wine industry in particular. The paper provides examples of the main European, United States and International patents available on wine production and preservation


    The conception “Balanced Scorecard” – tool for strategic management of higher education institutions

    Innovations, Vol. 8 (2020), Issue 1, pg(s) 21-24

    The paper deals with the conception of Balanced Scorecard (BSC) as an innovation strategic management system, which appears to be a superstructure of the Quality Management Systems and provides for the assessment of the basic processes in an organization. The BSC methodology and its relationship with the ISO 9001 requirements is presented and on this basis, an innovation strategy map serving the purposes of a university development has been developed.


    Conceptual model for investigating the innovation activity of enterprises

    Science. Business. Society., Vol. 5 (2020), Issue 1, pg(s) 17-19

    The paper presents a conceptual model for investigating the innovation activity of enterprises from the wine industry in Bulgaria. The study aims to submit a unified methodological framework for application by experts in researching, analyzing and benchmarking the innovation activity in the sector. Many researchers confirm that different innovation models are appropriate for different sectors, regardless of best practices in innovation management, and it all depends on the specificity of innovation and its relationship to sector specificities. Thus, the examination of wine sector requires a specific approach and an empirical research, based on own questionnaire focused on the individualism and the need to study the innovation niches and opportunities of wine sector.



    Industry 4.0, Vol. 4 (2019), Issue 6, pg(s) 306-308

    Tools, which are used while carrying out of the individual managerial functions are constantly evolving and responding to the changes of outer environment. In current conditions the most significant factor, which effects business environment, is Industry 4.0. It is a phenomenon associated mainly with automatization, digitalization and the Internet of Things. The main aim is to identify changes in the application of methods and techniques in carrying out of the individual managerial functions in the context of the impact of the Fourth industrial revolution on the theoretical level, based on a research of available scientific literature. The results of the theoretical research point to the fact that the topic of industry 4.0 is new in the context of management, and the research does not have any influence on the individual managerial functions, which are planning, organizing, controlling, human resources management and leadership. Most of the scientific work focuses on the field planning, organizing and controlling. On the other hand, not mentioned are the functions like human resources management and leadership, within the effects of the Fourth Industrial Revolution on the tools and methods, which are used for the implementation.

  • Generational motivation differences at the R&D centers: Gen Y and Gen Z

    Innovations, Vol. 7 (2019), Issue 2, pg(s) 50-53

    There often seem to be differences in work values between employees (and managers) who are from different generation. There has been a continuing debate about the extent to which Gen Yers and Zers are motivated by similar values and processes as those from earlier generations, who were already in the workplace when earlier studies were conducted. An associated question might be whether Gen Yers (many of whom are now working as junior and middle managers) and Zers that work on R&D center subscribe to similar motivational techniques and theories as those managers who were born in an earlier generation. Although there has been a great deal of speculation and opinion regarding the motivation of the Generation Y and Z that work on R&D center, there has been relatively little formal research.

  • Innovative role of the regional educational system: Response to the challenges of the new economy

    Innovations, Vol. 7 (2019), Issue 2, pg(s) 47-49

    Industry 4.0 has a significant impact on the economic and social sphere of society. Changes in the economic system give rise to a number of social risks associated primarily with the labor market, occupational structure and employment. In the article the social risks of the digital economy, identifies threats and challenges to the education sector are systematized. Contradictions of the functioning of educational institutions are described. The innovative role of the educational system, which it can play in regional development, is defined. Innovative approaches to the development of the education system based on existing experience are proposed.

  • Importance of mathematical modeling in innovation

    Mathematical Modeling, Vol. 3 (2019), Issue 1, pg(s) 32-34

    Mathematical modeling is the key parameter in designing new devices. Renewable energy technologies are getting higher importance in the near future. Mathematical modeling of circulating fluidized bed (CFB) biomass combustion could improve both their design and operation, reduce any associated problems and facilitate the implantation of this technology. A good understanding of the combustion and pollutant generating processes in the gasifier can greatly avoid costly upsets. Presently, there is a focus on developing models of CFB for burning biomass and waste material. The objectives of these models are to be able to predict the behavior with respect to the combustion efficiency, fouling problems and pollutant emissions performance of different fuels or mixtures in commercial CFBs. In this study, importance of mathematical modeling in designing CFB biomass gasifiers is investigated in view of innovative solutions.

  • Possibilities for social entrepreneurship inwine industry: An exploratory approach

    Science. Business. Society., Vol. 4 (2019), Issue 1, pg(s) 15-18

    Social entrepreneurs cleverly combine business techniques and private sector approaches in order to develop solutions to social, cultural, or environmental problems, and do so in a variety of organizations. All European countries need to promote the entrepreneur spirit, to stabilize the institutional and cultural environment for innovations, and to increase the number of socially oriented small and medium sized enterprises (SMEs). This exploratory approach is focused on SMEs from wine industry, positioned in Plovdiv territorial unit, Bulgaria. It presents opportunities to enrich company’s innovation strategies with a view to increase the share of social enterprises and the motivation of employees and owners to implement “good practices” for social entrepreneurship. This study offers different perspectives for observing the phenomenon social entrepreneurship, opportunities for financing and National policies that are focused on their encouragement.