Contents

Session I

Business Administration, Project Management and Organizational Performance

1.11

Digitalization of EU Countries: A Clusterwise Analysis

1

Jani KINNUNEN, Armenia ANDRONICEANU, Irina GEORGESCU

1.2

Insights on Non-Financial Reporting Analysis in the Telecommunications Industry

13

Ioana Miruna TĂTARU, Elena FLEACĂ, Bogdan FLEACĂ

1.3

Continuous Improvement Through Kaizen Management System: A Case Study

25

Mariana SEHLEANU, Elena-Simona FLORE

1.4

Dimension of Managerial Control in Family Business

37

Adriana CIOCA, Delia POPESCU

1.5

The Catalysts of the Creative Economy in Romania: An Empirical Analysis

50

Diana – Cristina SAVA, Ioana MEȘTER

1.6

How Creative Are Romanian Cities?

65

Diana – Cristina SAVA, Alina BĂDULESCU

1.7

Restructuring Assurance and Management of Material Resources Activities in Order to Obtain Economic Growth

77

Paul GHEORGHE, Gabriela Iuliana MUNTEANU

1.8

The Projectification of Nonprofit Organizations: Insights from (and for) Multi-Project Management Research

84

Vasile-Ibrian CARAMIDARU

1.9

Corporations’ Engagement for Sustainable Development: A Prerequisite for a Better Future

94

Paula Carmen ROȘCA, Dorin Paul BÂC

1.10

The Impact of Bond, Currency and Oil Markets on Investors from the Bucharest Stock Exchange

106

Daniel Ștefan ARMEANU, Camelia Cătălina JOLDEȘ

1.11

Measuring Investment Projects' Performance in Romania

115

Andreea-Mariana MANTA, Răzvan-Cătălin DOBREA, George MATEESCU, Virgil PROFEANU

1.12

Looking to The Future: Digital Transformation of Quality Management

121

Cristina RALEA, Octavian-Cosmin DOBRIN, Corina BARBU, Cristian TĂNASE

The Risks of Public Procurement in Romania

133

Ionel PREDA, Cezar-Petre SIMION

Pricing Optimization Using R

142

Alexandru CONSTĂNGIOARĂ, Gyula-Laszlo FLORIAN

The Relationship between the GDP Growth and the Development of Design and Construction Projects in Romania

150

Virgil PROFEANU, Andreea-Mariana MANTA

Tourism in The World and in Ukraine: A Comparative Statistical Feature

156

Natalia BULGARU , Irina SUSANU

Relationship Between Technological Eco-Innovation Capacity and Innovation Performance: Evidence from Most Innovative Firms in the USA

163

Selma Regina MARTINS OLIVEIRA

Quality Management in Public Institutions: Meaning and Implications

179

Tincuța VRABIE, Aura COLAN, Geanina COLAN, Monica RADUCAN

Research on the Impact of Digitization Upon Work Flexibility: Example from the European Union

187

Dan POPESCU, Cătălina PICU, Raluca MAREI (OZARCHIEVICI), Constantin-Iulian TĂNAȘCU, Ion TUDOR

Empirical Research Regarding the Organizational Communication Within Romanian Universities

197

Cristina STATE, Alina DINU, Andrei-Constantin POPESCU, Constantin-Iulian TĂNAȘCU, Daniela PREDETEANU-DRAGNE

The Role of Risk in The Valuation of Tax Shield

Lucia MICHALKOVA, Tomas KLIESTIK

218

Cybersecurity Vulnerabilities and Threats of Scada Systems in Critical Infrastructures

234

Vlad Daniel SAVIN, Costel ȘERBAN

Evolution of Non-Performing Loans in The European Union and Romania

238

Cătălin Emilian HUIDUMAC PETRESCU, Adelina Elena STAN

Patents Applications Comparisons Between the USA and EU

248

Benjamin FRANCO, Cristian BĂNACU

Comparative Analysis of the Management of the Integrated Territorial Investments (ITI): Romania and

the Czech Republic

256

Constantin-Marius PROFIROIU, Mirela CARAMAN (PUFLEANU)

Session II

Education, Innovation and Knowledge Management

2.1

Investigating the Effect of Key Elements Affecting the Trust on E-Government Acceptance from Citizens' Perspectives

in District 1 of Tehran

274

Kaveh TEYMOURNEJAD, Viana VARMAZYAR, Mohammad Mahdi GHALANDARI

2.2

Analysis of a Non-Linear Dynamic Financial System

288

Veronika NOVOTNÁ, Stanislav ŠKAPA, Bernard NEUWIRTH

2.3

Managerial Decision for Economic Organizations, Justified by Reasoning, Algorithms, Procedures and Paradigms Specific to Expert Systems

298

Marian Sorin IONESCU

2.4

Re-Wiring Old Business - Corporate Value Creation at Toyota Motor Corporation

310

Cristian VLAD, Luiza GĂTAN, Fumiaki TAJIRI, Toru TAKAHASHI

2.5

Cognitive Technology in Talent Operations – Redefining Learning at IBM Japan

317

Kurtz LAW, Luiza GĂTAN, Kyoko KOKUSHO, Cristian VLAD

2.6

Approaching Young Generation Education for Security between Managerial Paradigms Specific to Standardized Need and Assumed Freedom

326

Dorel BADEA, Ghiţă BÂRSAN, Olga BUCOVEŢCHI, Gabriel MĂNESCU, Crenguţa MACOVEI, Dumitru IANCU

2.7

Implications of Personal Development at the Level of Educational Act

337

Florentina CIULEI, Delia Mioara POPESCU, Mariana JOIȚA

2.8

The Management of Romanian’s Elite Sport and its Public Value

350

Daniel LOVIN, Alexandru CĂPĂȚÎNĂ, Nicoleta CRISTACHE

Comparative Analysis of Scientific Research Performance of Some Romanian Faculties of Economic Sciences

357

Silviu Mihail TIŢĂ, Andrei Ştefan NEŞTIAN

Customer Loyalty Programs for the Hospitality Industry and Their Implications on Hotel Revenues

367

Andreea MARIN-PANTELESCU, Monica Ioana TOADER, Sorinel CĂPUȘNEANU

Legislative Environment and the Importance of Accounting Environmental Costs in the Lighting Body Industry

374

Mihaela HINT(ȘTEFAN), Dan Ioan TOPOR, Andreea MARIN-PANTELESCU

Data Science, Solution for Managerial Decision within Business Models

386

Marian Sorin IONESCU

On Efficiency of Higher Education with Data Envelopment Analysis and Regression

399

Marilena-Aura DIN, Cristina COCULESCU

The Knowledge of the Leniency Policy at the Level of the Management of Companies Operating in Romania

Andreea-Florina FORA, Liana-Eugenia MEȘTER, Nicoleta Georgeta BUGNAR

409

Quality Improvement in Machine Manufacturing Design Process

417

2.9

Alina Bianca POP,  Aurel Mihail ȚÎȚU

Aspects Regarding the Quality Management in the Aerospace Industry Organizations

426

Aurel Mihail ȚÎȚU, Gheorghe Ioan POP,  Constantin OPREAN

The Potential for Cluster Implementation in the Romanian Healthcare System

436

Ana Alexandra GORA, Ion POPA, Simona Cătălina ȘTEFAN, Cristina MORĂRESCU

Budget Allocation Policy for Public Higher Education in Vietnam. A Short Radiography and Future Trends

448

Hoài Trinh NGUYỄN, Claudiu CICEA

Relathionships between Digital/ Digitalized Economy and Knowledge Based Economy

457

Ovidiu NICOLESCU, Ciprian NICOLESCU

Undergraduates' Expectations from the Educational Process and Perceptions of Career Success

466

Cătălina RADU, Georgiana COSTACHE, Corina FRĂSINEANU

Aspects of an Incremental Multi-Level Approach of Management Games for Management Training: An Intermediary Report

475

Florin IONIȚĂ, Mihai CIOC, Cezar-Petre SIMION, Darko SHULESKI, Daniel MOISE

Biogas-Innovation Map: Revealing Links and Dynamics in the Field

483

Claudiu CICEA, Corina MARINESCU, Nicolae PINTILIE

The Analysis of the Digitalization Process of Professional Skills in the Initial Training Process – Requirement for an Innovative Educational Organization

493

Maria Cristina ȘERB (TANISLAV), Delia Mioara POPESCU, Constanța POPESCU

Befriending Innovation – From Entrepreneurial Vision to Public Policy

499

Camelia-Beatrice MAEREAN, Eugen ALBU

Innovation of Public Administration through New Human Resources Techniques and Employee Motivation

508

Alina TĂNASE, Georgiana Florina ILIE (POPA)

The Impact of the Knowledge Economy Indicators on Regional Economic Growth: Evidence from Kazakhstan

514

Aziza ZHUPAROVA, Rimma SAGIYEVA, Dinara ZHAISANOVA

Session III

Strategic Management, Change Management and Entrepreneurship

3.1

Smart City Evolution, from Early Concept to International Standards. Small vs. Big Cities Study Case

521

Ioan RADU, Alexandra Irina PĂDUREAN (BADEA), Mihai Ludovic DEMETER, Daniel ALEXANDRU

3.2

Is the Impact of Blockchain and Cryptocurrencies Going to Be as Disruptive as Expected by 2030?

535

Dena BATEH

3.3

Rethinking Museums in The Digital Era?

550

Ana-Maria GRIGORE, Adela COMAN, Andreea ARDELEAN

3.4

Insights into Sharing Economy: How to Effectively Manage the Risks for Stakeholders In China?

563

Dena BATEH

3.5

Big Data Analytics as a Strategic Capability: A Systematic Review

575

Mihai BOGDAN, Anca BORZA

3.6

Strategic Management in Mass Media – Comparative Approach to Printed and Electronic Editions

584

Florentina-Mirela MARINESCU

3.7

New Ventures’ Objectives and Entrepreneurs’ Expectations. Evidence from EDP-Surveyed Companies

598

Daniel BĂDULESCU, Ramona SIMUȚ, Alina BĂDULESCU

3.8

An Analysis of the Real Convergence Within the European Union and the Well-Being of Citizens

607

Ana-Maria HOLOBIUC

3.9

Do Entrepreneurship and Business Formation Generate Economic Growth? A Regional Analysis for Romania

615

Ramona SIMUȚ, Daniel BĂDULESCU, Elena ȘTIUBEA, Dragoș DIANU

3.10

Strategic Clustering by Cubic Nanochemistry Potentials

626

Mihai V. PUTZ, Ioan PETRIȘOR

3.11

The Promotion of Innovation Policies Through Public Procurement in Romania

Ionel PREDA, Doina I. POPESCU

642

Managing the Opportunities for Sustainable Transport Investment for IRAQ’s Circular Economy

652

3.12

Ahmed Ghanim KAMIL

Evolution and Outlook of Entities Along the Electricity Sector Value Chain in Romania

658

3.13

Alexandru MAXIM, Teodora ROMAN

The Role of Strategic, General and Operational Management in Ensuring the Organizational Performance

666

3.14

Daniel METZ, Liviu ILIEȘ, Maria METZ

A Mathematical Approach to Revenue Management

675

Lucian STANCIU-GORUN

The Performance of SACET (Centralized Power Supply System) in Romania - A Solution for Improving the Socio-Economic Disparities for Vulnerable Social Groups?

684

Anamaria Cristina ANDREI, Irene Elena PAPUC

A Review of Recent Trends to Establish Nature-Related Financial Considerations

692

Alexandru BUTEICĂ, Cătălin Emilian HUIDUMAC-PETRESCU

Social Media as a Component of the Value Chain to Gain Competitive Advantage in Sales

702

Răzvan Andrei CORBOȘ, Ovidiu-Iulian BUNEA, Ruxandra-Irina POPESCU, Andreea ZAMFIR

Improving Performance in Romanian Garment Industry by Using the Lean Six Sigma Methodology

711

Ruxandra DINULESCU, Adriana DIMA

Strategies of Luxury Brands in the New Socio-Economic Context

722

Doina I. POPESCU, Eduard-Gabriel CEPTUREANU, Sebastian-Ion CEPTUREANU

Quality Culture: A Tool of Financial Management to Reduce Risk

730

Zuzana ROWLAND, Petr SULER

The Issue of Multicriteria Decision-Making: Model Example of Business Partner Risk Assessment

Jaromir VRBKA, Vojtech STEHEL

738

Assessing Business Incubators Performance from its Characteristics

750

Selma Regina Martins OLIVEIRA , Sandro TRENTO

Logarithmic Risk Distribution to Build a Stable Capital Growth for Any Business or Investment

764

Cristian PĂUNA

Entrepreneurial Career Motivation of Young People in Romania

774

Irina IOANA, Alecxandrina DEACONU

GDP as A Risk Factor of Czech Enterprises

785

Veronika MACHOVA, Jakub HORAK

Session IV

HR Management, Organizational Culture and Leadership

4.1

The Evolution of Reporting Corporate Social Responsibility in Romania

799

Nicoleta Alina ANDREESCU, Simona Aurelia BODOG

4.2

What Type of Leadership Is Suitable for Hospital Management?

806

Taşkın KILIÇ, Sancak KESKIN

4.3

Stepwise Regression Model for Study the Unemployment Rate in Iraq

811

Ali Sadiq Mohommed BAGER, Bahr Kadhim MOHAMMED, Hajem Ati DAHAM, Sadiq AL-HUSSEINY

4.4

How a Risk Based Internal Auditing Process Raise the Efficiency of the Organizational Culture Audit Results in Romanian Companies

816

Simona-Alexandra APOSTOL

4.5

Talent Management in the Organization of the Future

827

Alina-Daniela MIHALCEA

4.6

Risk Assessment of Projects Co-Financed by The European Social Fund

833

Nicoleta Daniela IGNAT

4.7

Individual Strategies for Achieving Work-Life Balance – A Case Study on Romanian Workers

845

Maria-Lavinia FLOREA, Anca BORZA

4.8

The State of IT Human Resources About the Capabilities of Adopting Green Computing Practices: A Romanian Perspective

856

Mihai CIOC, Minodora URSĂCESCU

4.9

The Impact of the Quality Management System on The Effectiveness of Human Resource Management

863

Alina GAL

4.10

The Role of Entrepreneurship Education in Forming Human Resources as Both Entrepreneurs and Intrapreneurs

871

Constanța POPESCU, Antoaneta Roxana GEORGESCU

4.11

Subjective Risk Perception in ESF Funded Projects in Romania

882

Andrei LINU, Dănuț DUMITRAȘCU

4.12

The Impact of Digital Transformation Over the Employees that Are Working in Financial Services

903

Nicoleta CHICU, Alecxandrina DEACONU, Adina PRIOTEASA