The article focuses on the economic situation of households in the Czech Republic. It discusses the factors the material deprivation rate and related indicators. These factors include household equipment, other indicators of financial possibilities and inability to pay regular payments on time....

Questionnaire survey data are usually characterized by a great amount of ordinal variables. For multivariate analysis, it is suitable to reduce task dimensionality. The aim of this paper is a comparison of the results obtained by the analysis of data files with ordinal variables using selected...

The article deals with analysis of the factors influencing innovation performance in new EU member countries, particularly in the Czech republic. The analysis follows the advancement of (neoschumpeterian) economic studies on interfaces between technology and economy, which are reflected in and...

The fact that Europe is lagging behind in comparison with its main competitors in the research and innovation activities is generally known. In 2000 EU countries launching the Lisbon strategy linked with the opening of the European research area were expecting to do away with the remaining...

This paper analyzes the tax penalty on volatile personal income under progressive tax rates. The phenomenon may have an effect on long-term entrepreneurial decisions as well as risky occupational choice. An options-based model is used to estimate the expected effective rate due from tax-payers...

The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...