In Romania there are large areas of unused pasture, which are well suited for the meat breeds and the geoclimatic conditions are favorable for beef. The beef breeds are more profitable than the milk ones. They have a yield of 65-70% cut, the meat quality is very good and the animals are not at...

Traceability in Productis system is an innovative approach to verify the origin of food, which will have a significant impact both on final consumers, legislators and producers from the food industry, involving large cost savings. With a food traceability system according to HACCP/ISO 22000, it...

In Romania, must pay a particular attention to adapt the systems of sheep breeding and exploitation with the EU requirements. At the same time, it is necessary to protect and stimulate those characteristics of growing and exploitation of sheep that have competitive advantages on the quality of...

The analysis of economic efficiency is the main method of economic systems analysis. This concept is the most important qualitative indicator of the economic development, essential factor in accelerating the economic growth and is also one of the criteria for scientific substantiation of...

Worldwide, raising goats had generally an ascending trend, both in terms of stocks and the production level. Thus, according to FAO statistics, in 2011 there were over 875.5 million heads of goats. The largest number of goats was in the year 2011 in Asia - over 539 million heads, representing...

The economic efficiency is a concept with a complex content, which expresses the useful effect achieved in an economic activity, in relation to the requested expenditures, or the effort for its realization. Through its applicative side, the efficiency (e) can be defined as a quantitative ratio...

In explaining economic phenomena, economic analysis concentrates on selected influences and fixes the host of other factors under a ceteris paribus clause. This view, which goes back to Alfred Marshall (1842-1924), is developed in the first part of the book. Aggregation is viewed as a particular...

Life annuities provide a guaranteed income for the remainder of the recipient’s lifetime, and therefore, annuitization presents an important option when choosing an adequate investment strategy for the retirement ages. While there are numerous research articles studying annuities from a...

Even 50 years after Modigliani/Miller’s irrelevance theorem, the basic question of how firms choose their capital structure remains unclear. This survey paper aims at summarizing and discussing corresponding recent developments in empirical capital structure research, which, in our view, are...

There has been a wide-spread misconception based on the imprecise wording of Art. 52 of the European Patent Convention (EPC) that the protection of business methods by patents is prohibited in Europe. This paper investigates the legal framework set by patent laws with respect to the...