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Change Management in SMEs in the Industry 4.0 EraOriginal contributions, Original article, Research article

Klarner Lukáš

Economics Working Papers 2025, 9(3):4-72 | DOI: 10.32725/ewp.2025.004278  

The main aim of this paper is to evaluate whether the concept of Industry 4.0 influences current change management in small and medium-sized enterprises and what obstacles prevent its wider implementation. An online questionnaire survey was conducted in 2024 to collect data, with 203 respondents from small and medium-sized enterprises participating. The questionnaire focused primarily on topics related to the implementation of changes, awareness of Industry 4.0, and the identification of barriers to the further development of change management and modern technologies. The results show that systematic change management is often neglected in companies,...


Agricultural Sector Performance in SADC CountriesOriginal contributions, Original article, Research article

Mabeta Joshua

Economics Working Papers 2025, 9(2):4-53 | DOI: 10.32725/ewp.2025.002366  

This paper reviews the agricultural sector performance of Southern African Development Community (SADC) countries, specifically the efficiency of agricultural production and the overall competitiveness of their agricultural sectors. The study uses data spanning the period from 2001 to 2019 to assess agricultural production performance, and from 2001 to 2021 to investigate the competitiveness of the agricultural sectors. Using Malmquist productivity indices, the findings reveal that while overall productivity has increased in SADC, with 11 out of 15 countries recording an upward trajectory during the review period, technological progress has regressed....

Financial Dynamics, Development and Innovation in the Sugar Industry of Central and Eastern Europe (2013–2022)Original contributions, Original article, Research article

PhDr. Jaroslav Vlach

Economics Working Papers 2025, 9(1):4-36 | DOI: 10.32725/ewp.2025.001427  

This study explores the financial dynamics, strategic growth, and innovation within the sugar production sector in Central and Eastern Europe (CEE) over the period 2013–2022. It focuses on six countries—Czech Republic, Austria, Germany, Poland, Hungary, Slovakia and analyzes 14 major sugar-producing companies using a combined methodological approach based on time-series trend analysis and Principal Component Analysis (PCA). Key financial metrics such as capital structure, working capital, operating revenue, profitability, and employment are examined to assess differences in performance across firms and countries. The research...

Approaches To Overtourism In The Area Of Destination Management Marketing

Vysušilová P.

Economics Working Papers 2024, 8(4):6-72 | DOI: 10.32725/ewp.2024.0041152  

This research addresses the critical need to understand the role of Destination Management Organizations (DMOs) in facing overtourism through an investigation into the practices employed by diverse DMOs. The aim of this paper is to identify the marketing strategies and tools used by DMOs in response to tourist destination congestion in the context of the available literature and the current state of knowledge and to suggest needs and directions for further research based on case studies focused on selected tourist destinations. Exploring the roles of DMOs in Vannes, Colmar, Melaka, and Český Krumlov has revealed a diverse spectrum of responsibilities...

Exploring the Implementation of Industry 4.0: A Pilot Study on Assessing Readiness in Czech Food Enterprises

Bednář Jiří

Economics Working Papers 2024, 8(3):5-74 | DOI: 10.32725/ewp.2024.003692  

Purpose: The aim of the paper is to define the concept of Industry 4.0 and to create a pilot study of the implemented research - to propose a methodological approach to assess the readi-ness of food enterprises in the Czech Republic for Industry 4.0.Methodology: The results are based on research that focused on the readiness of 102 companies in the areas of strategy, leadership, customers, product, culture, employees and technology. The research focused on food companies in the Czech Republic.Findings: Based on the results of our own research, a factor analysis was used to create an index of the readiness of food enterprises in the Czech Republic for...

The Contribution of Managerial Accounting Tools to the Operation of Businesses: Case Study of BIOKARPET S.A.

Zografou Zoi

Economics Working Papers 2024, 8(2):5-60 | DOI: 10.32725/ewp.2024.0021331  

The purpose of this article is, through the process of qualitative research method, that of interviews, to gather and analyze the views of managers and other senior executives of businesses on the importance of the utilization and implementation of managerial accounting tools in their business. The article provides some time-honored definitions of managerial accounting, and provides extensive discussion of selected managerial accounting tools, with particular emphasis on the overall benefits of their use in the operation of the business. Through 26 highly targeted and selected interviews, the necessity of using managerial accounting tools is illustrated,...

Economic sustainability of rural cooperatives in Nepal - a bio-economy approach case study of Tulsipur sub-metropolitan city, Dang

Pandey Ghanshyam

Economics Working Papers 2024, 8(1):5-42 | DOI: 10.32725/ewp.2024.001848  

Cooperatives today are facing difficulties resulting from the disruption of the cooperative system and the global economic crisis. Instead of a vibrant cooperative sector, cooperatives in Nepal are facing increasing financial difficulties that threaten their survival as businesses. Therefore, a study was conducted in the sub-metropolitan town of Tulsipur in Dang district of Nepal to explore practical economic models and types of cooperatives, to use the concept of bio-economy as a great opportunity for rural development, and to find a way to mitigate these negative impacts to restore the sustainable functioning of rural cooperatives in Nepal. Twenty-one...