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  Support for the Small and Medium Business in the EU

  The purpose of the paper is to present at various national and European legislative and desirable instruments and initiatives aimed at supporting small and medium businesses. Subject of the study are small and medium-sized enterprises, European policy. The present design consists of three main modules: the first "Modern Policy in SMEs", the ... The purpose of the paper is to present at various national and European legislative and desirable instruments and initiatives aimed at supporting small and medium businesses. Subject of the study are small and medium-sized enterprises, European policy. The present design consists of three main modules: the first "Modern Policy in SMEs", the second module, "Entrepreneurship and public-private partnerships", the third module, "Support for EU businesses."

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  Innovation Management – an Alternative for the Ecologization of Activities in the Mining Industry

  This paper deals with some theoretical issues concerning innovation management. The emphasis falls on the importance of keeping the environment clean and the activities carried out in the mining industry. It analyzes and evaluates the results of a study on the state of certain sites for raw materials mining. It also draws conclusions on the ... This paper deals with some theoretical issues concerning innovation management. The emphasis falls on the importance of keeping the environment clean and the activities carried out in the mining industry. It analyzes and evaluates the results of a study on the state of certain sites for raw materials mining. It also draws conclusions on the management of innovations concerning the ecologization of the mining industry.

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  The Rate of Time Preference: a Praxeological Oxymoron

  In ordinal utility analysis, one can but prefer or set aside. A person can choose option A or option B. Chalk or cheese, guns or butter. There cannot be any such thing as a rate at which a man engages in such activities. Cardinality cannot enter into the picture. No one prefers a given amount of chalk twice as much as cheese. This basic ... In ordinal utility analysis, one can but prefer or set aside. A person can choose option A or option B. Chalk or cheese, guns or butter. There cannot be any such thing as a rate at which a man engages in such activities. Cardinality cannot enter into the picture. No one prefers a given amount of chalk twice as much as cheese. This basic praxeological insight should not be lost sight of when we enter the more complex realm of time preference and interest rate determination. And yet, it commonly is. For we all speak of a “time preference rate.” This is an oxymoron and a praxeological monstrosity. The present paper is devoted to promoting clear thinking by attempting to purify economic language, so as to jettison the concept of a “time preference rate.”