Keywords : Innovation

New world, new economics

Manijeh Aliakbarian

Marketing and Branding Research, 2017, Volume 4, Issue 1, Pages 50-63
DOI: 10.33844/mbr.2017.60387

World economy has changed since the 20th century. Although changes in the world happened in all scientific areas, but this survey is focused on economics only. In the present study, for illuminating the new picture of the new world on economics and the gaps between the developed and developing countries, panel data model and time series are used for analyzing the macroeconomics of sample countries. The efficiency of independent variables on dependent variable GDP is illustrated by data test that analyzes the relationship between the variables. The results revealed that the new world is based on innovation. Therefore, in most countries investing on R&D sector is increased. This rising caused employing educated talents who could reveal the new ways of optimizing the benefits of the resources in the world that increases development, decreases poverty, and increases standard of living and welfare. This might be effective on finding new ways of relation between countries and facilitate trading. Such studies on ways of reduction of the production costs and decreasing tariff is important in simplifying the market potentials productivities and finding demands through the world to create new vantages. Although restrictions in macro and micro economics is occurred in some countries, there are examples that by finding the solution could increase their development rank as well as standard of living and poverty reduction.

Multi-stakeholder initiatives in Vietnam to meet the societal challenges of horizon 2020

Nibedita Saha; Do Le Nhu Quynh; Tomas Sáha; Petr Sáha

Marketing and Branding Research, 2017, Volume 4, Issue 1, Pages 100-111
DOI: 10.33844/mbr.2017.60373

This paper aimed at enlightening the emergence of multi-stakeholder initiatives in Vietnam that enable individuals, businesses, and civic societies to undertake the complex sustainability issues in the international business environment. Currently, the philosophy of involving multi-stakeholder initiatives groups in Vietnam for resource management seems overwhelming. Equally, the motive for studying a phenomenon like multi-stakeholder dialogue is a novel outlook that did not catch various researchers’ eye earlier. Nowadays, the European multi-stakeholder innovation platform tries to address the European societal challenges and policies due to their roles in the upcoming new program of Horizon 2020. National policy makers using them as building blocks for implementing different strategies such as research and development and regional policies. The approach of multi-stakeholder initiatives in Vietnam is to respond to the limited capacity and resources of individuals, societal sectors, governments, businesses, and civic societies. Thus, this study was conducted to demonstrate the significance of multi-stakeholder initiatives in Vietnam that create a broad multi-stakeholder (science, policy, business, society, including SMEs, public and private investors) and multi-level (local, regional, national, and Europe) innovation platforms to meet a range of societal challenges through Horizon 2020 in order to facilitate the development of committed innovation partnerships and identify how different types of firms, people, and knowledge at national and international levels making civil society organizations, non-governmental organizations, and individuals and institutions more innovative and competitive. Finally, this paper proposed some recommendations based on assumptions underlying research questions that added value to promote dialogue and collaboration across levels and with key international partners.