The paper discusses the concept of an economic man in economics and management. The concept of “homo oeconomicus” assumes the full rational behaviour of a deciding man and was applied in classical and neoclassical theories. Based on resent findings of the neuronal, cognitive and behavioural...

The subject literature distinguishes several factors that determine the establishment, survival , operations and development of micro, small, and medium-sized enterprises in particular regions. In this article, the author presents a classification of these factors in terms of whether they are...

The paper focuses on the role of entrepreneurship education in European education systems. European Commission recommendations on desirable qualifications of graduates as well as on contents of education in the field of entrepreneurship were described. The current state of art was evaluated on...

Standard Data Envelopment Analysis (DEA) approach is used to evaluate the efficiency of DMUs and treats its internal structures as a “black box”. The aim of this paper is twofold. The first task is to survey and classify supply chain DEA models which investigate these internal structures....

The article presents a typology of the principle of action and evolutionary algorithms as a technique widely used for searching and optimization based on the principles inherited from the Darwinian theory of evolution and natural genetics. Evolutionary algorithms are a technique that is...

Life standard of local community determines the market absorbency, which can make up one of the determinants of local micro, small and medium-sized enterprises. The aim of the paper is the empirical verification of influence of local life standard in Southern Poland on small and medium-sized...

In this paper we show that the random walk model with drift behaves like an ARIMA (0,2,1) when its parameter θ is greater but close to –1. Using the random walk for predicting future values of an ARIMA (0,2,1) process, we find out that when θ is not so close to –1, the performance of the...

The aim of the paper is to present the up-to-date regulations on European freedom of movement for workers. The evolution of regulations on freedom of movement for persons during five decades were presented. The paper elaborates mainly on present regulations after two previous enragements in 2004...

This article aims to present and analyze the European Union policy in favour of entrepreneurship as well as small and medium-sized enterprises (so-called fifth multiannual program) as well as the most important directions of activities of the Community for Entrepreneurship and Innovation in the...

Small and medium-sized enterprises have large difficulties in gaining funding from external sources for their development. These enterprises are strongly anchored in their regional environment, thus analysis of financial support is especially essential on a regional level. The aim of the paper...