Scientific Conference on Economics and Entrepreneurship SCEE`2015

236 Pages·2015·2.26 MB·English

TH
56 INTERNATIONAL
RIGA TECHNICAL UNIVERSITY
CONFERENCE
“SCIENTIFIC CONFERENCE ON ECONOMICS
AND ENTREPRENEURSHIP SCEE’2015”
PROCEEDINGS

RIGA – 2015
Editor-in-Chief
Prof. Remigijs Počs, Riga Technical University, Latvia

Managing Editor
Prof. Dr. Tatjana Tambovceva, Riga Technical University, Latvia

International Editorial Board
Prof. Elina Gaile-Sarkane, Riga Technical University, Latvia
Prof. Ineta Geipele, Riga Technical University, Latvia
Prof. Natalja Lace, Riga Technical University, Latvia
Prof., Dr. Inga Lapina, Riga Technical University, Latvia
Prof. Hana Loštakova, University of Pardubice, Czech Republic
Dr. David J.Pollard, Leeds Metropolian University, United Kingdom
Prof. Olha Prokopenko, Sumy State University, Ukraine
Prof. Tatjana Volkova, BA School of Business and Finance, Latvia

Technical Editor
Maksims Smirnovs, Riga Technical University, Latvia

ISBN: 978-9934-8275-3-2
ISSN: 2256-0866

Authors are responsible for the correctness of the publications.

All rights are reserved. No part of this publication may be reproduced, stored, transmitted or disseminated in
any form or by any means without prior written permission from Riga Technical University represented by
RTU Faculty of Engineering Economics and Management to whom all requests to reproduce copyright
material should be directed in writing.

© Riga Technical University, 2015
CONTENTS

SECTION
“National Economy and Entrepreneurship”

SUBSECTION
“Business Engineering, Economics, Finance and Management”

PROACTIVE PERSONNEL AND THE ABILITY OF DECISION-MAKING UNDER CONDITIONS OF
RISK
D. Aleksandrova, I. Voronova ......................................................................................................................... 12
NON-FINANCIAL ENTERPRISES IN KAZAKHSTAN: SCORING ASSESSMENT AND PREDICTION
OF THE INSOLVENCY RISK
S. Amangeldy, I. Voronova .............................................................................................................................. 14
RETURN ON SHAREHOLDERS’ EQUITY OF BALTIC PENSION FUND MANAGEMENT
COMPANIES
I. Arefjevs .......................................................................................................................................................... 16
OPPORTUNITIES FOR THE USE OF BUSINESS DATA ANALYSIS TECHNOLOGIES
S. Balina, R. Zuka, J. Krasts ............................................................................................................................ 18
TOURISM NETWORKS IN LATVIA: PURPOSES AND COVERAGE
K. Bērziņa ........................................................................................................................................................ 20
COMPETITIVENESS OF SMALL OPEN EUROPEAN ECONOMIES UNDER GLOBAL IMBALANCE
T. Boikova ......................................................................................................................................................... 22
THE RELEVANCE OF CROSS-BORDER CONTAGION RISK TRANSMISSION IN THE CENTRAL
AND EASTERN EUROPEAN COUNTRIES
V. Deltuvaitė .................................................................................................................................................... 24
THEORETICAL ASPECTS OF CROSS-BORDER CONTAGION RISK: RISK DEFINITION,
TRANSMISSION CHANNELS AND SYSTEMATIC EVENTS (SHOCKS)
V. Deltuvaitė .................................................................................................................................................... 28
MAIN PROBLEMS OF INCREASING THE LEVEL OF INNOVATION IN LATVIAN COMPANIES
A. Deniņš ......................................................................................................................................................... 33
AIRBALTIC CASE BASED ANALYSIS OF POTENTIAL FOR IMPROVING EMPLOYEE
ENGAGEMENT LEVELS IN LATVIA THROUGH GAMIFICATION
D. Ergle ............................................................................................................................................................ 35
THE IMPACT OF STAKEHOLDERS IN HUMAN RESOURCE TRAINING PROJECTS
I. Eriņa, E. Gaile-Sarkane ............................................................................................................................... 38
RESEARCH AND DEVELOPMENT EXPENDITURES AND ECONOMIC GROWTH IN EU: PANEL
DATA ANALYSIS
R. Freimane, S. Balina .................................................................................................................................... 44
THE DEVELOPMENT FEATURES OF STATE-OWNED ENTERPRISES: THE CASE OF LATVIA
D. Gasūne, A. Deniņš ...................................................................................................................................... 46
ORGANIZATIONAL INNOVATIONS IN CRISIS MANAGEMENT OF PROJECT-BASED
ENTERPRISES
E. Glodziński, S. Marciniak ............................................................................................................................. 48
TRENDS OF SOCIAL AND ECONOMIC DEVELOPMENT OF COUNTIES MUNICIPALITIES IN
KURZEME PLANNING REGION
S. Ivanova ........................................................................................................................................................ 50
THE ROLE OF MANAGEMENT OF SATELLITE TOWNS IN PROMOTING WELL-BEING FOR
CITIZENS: CASE OF LATVIA
I. Jēkabsone, B. Sloka ...................................................................................................................................... 52
ESTIMATION OF EU STATE’S INNOVATION ACTIVITY USING BENCHMARKING
V. Jurēnoks, V. Jansons ................................................................................................................................... 54
WHERE TO INVEST? A POST-CRISIS CASE OF LATVIA
J. Kuznecovs, A. Safonovs ............................................................................................................................... 56
FLEXIBILITY OF WORKING TIME AT THE ENTERPRISES OF BELARUS
N. Makouskaya ................................................................................................................................................ 60
CURRENT CHALLENGES OF LATVIAN ICT, GLOBAL BEST PRACTICES TO DRIVE
INNOVATION AND ICT DEVELOPMENT AND POTENTIAL RECOMMENDATION FOR LATVIAN
ICT MORE RAPID GROWTH BY UTILIZING INNOVATION AND R&D
S. Meijere, T. Tambovceva .............................................................................................................................. 63
THE TRIAD OF MANAGEMENT DECISIONS FOR A SMALL AND MEDIUM ENTERPRISE
M. Millers ........................................................................................................................................................ 65
FORECASTS OF THE BUSINESS CYCLE DYNAMICS AS A CORRECTIVE FACTOR WITHIN THE
CONTEXT OF INVESTMENT PORTFOLIO EFFICIENCY MAXIMISATION
J. Nazarova, I. Dovladbekova ......................................................................................................................... 67
THE DEVELOPMENT MANAGERS’ COMPETENCY IN EMPLOYMENT PEOPLE WITH
DISABILITY
Z. Oborenko, M. Živitere ................................................................................................................................. 69
DEVELOPMENT OF STATE OWNED ENTERPRISES OF TRANSPORT INDUSTRY IN LATVIA
M. Plūmiņš, D. Ščeulovs .................................................................................................................................. 71
APPLYING OF ANALYTIC HIERARCHY PROCESS FOR FIRE RISK INSURANCE PREMIUM
ASSESSMENT
J. Pushkina, V. Jansons, K. Didenko ............................................................................................................... 73
FINANCIAL MANAGEMENT AS A TOOL FOR ACHIEVING STABLE FIRM GROWTH
S. Saksonova, S. Savina ................................................................................................................................... 75
FINANCIAL SECURITY IN THE BALTIC STATES
N. Semjonova ................................................................................................................................................... 77
ECONOMIC INTEGRATION AS A MARKET FAILURE REMEDY: THE ISSUE OF
MONOPOLISATION
D. Skoruks, M. Šenfelde ................................................................................................................................... 79
ASSESSMENT OF OPERATIONAL RISK BASED ON COPULA APPROACH
D. Stepchenko, I. Voronova ............................................................................................................................. 81
MUNICIPAL WASTE REDUCTION OPPORTUNITIES IN GETLINI ECO LANDFILL
M. Stradere, K. Didenko, V. Jansons ............................................................................................................... 83
PROJECT RISK REGISTER ANALYSIS BASED ON THE PROJECT MANAGEMENT TERM “RISK”
DEFINITION THEORETICAL ANALYSIS
J. Uzulans ........................................................................................................................................................ 85

SUBSECTION
“Competitiveness of Latvian Enterprises in Foreign Markets (EKOSOC-LV 5.2.1)”

THE ROLE OF DIFFERENT SOURCES OF INFORMATION ON ATTITUDE TOWARDS GMO
I. Aleksejeva, B. Sloka, I. Kantāne ................................................................................................................... 88
THEORETICAL JUSTIFICATION OF THE MODEL OF EVALUATION OF RENEWABLE ENERGY
SOURCES INTEGRATION ON FOSSIL FUEL ENERGY SOURCES OPERATION EFFICIENCY
M. Balodis, R. Počs, V. Skribans, P. Ivanova .................................................................................................. 90
CHARACTERISATION OF COMPETITIVENESS FACTORS IN HEALTHCARE INDUSTRY IN
LATVIA
D. Behmane, A. Villerusa, U. Berkis , A. Kokareviča ..................................................................................... 92
TTIP IN HEALTHCARE INDUSTRIES: TRANSFORMATION OF INTERNAL INTO EXTERNAL
COMPETITIVENESS
U. Berķis, A. Villeruša, A. Kokarēviča, D. Behmane ...................................................................................... 94
ROLE OF SOCIAL PARTNERS FOR WORK-BASED LEARNING: RESULTS OF SURVEYS
I. Buligina, B. Sloka, I. Kantāne, A. Līce ......................................................................................................... 96
IDENTIFICATION OF THE MAIN CHALLENGES OF RAIL INFRASTRUCTURE
COMPETITIVENESS
J. Hudenko, R. Počs ......................................................................................................................................... 98
BALTIC STATES AIRPORT BRANDING: CONTENT ANALYSIS OF VISION STATEMENTS
K. Ijevleva, S. Paramonovs ............................................................................................................................ 100
CLIENT RELATIONSHIPS AND COMPETITIVENESS OF ADVERTISING AGENCY. THE CASE OF
LATVIAN ADVERTISING AGENCIES
L. Ozoliņa, E. Sumilo ..................................................................................................................................... 102
COMPETITIVENESS EVALUATION INDICATORS IN THE LATVIAN MACROECONOMIC MODEL
V. Ozoliņa, R. Počs ........................................................................................................................................ 104
GLOBAL COMPETITION: VISION FOR A2A TICKETING IN AVIATION INDUSTRY WITHIN RIGA
AIRPORT DEVELOPMENT CONTEXT
S. Paramonovs ............................................................................................................................................... 106
LATVIA’S TRANSIT CORRIDOR COMPETITIVENESS EVALUATION
P. Patlins ....................................................................................................................................................... 108
ROLE OF INTERNET MARKETING FOR EXPORT PROMOTION (RESULTS OF RECENT LATVIA'S
COMPANY SURVEY)
B. Sloka, I. Kantāne, R. Vidruska .................................................................................................................. 110
CRISIS IN RUSSIAN OUTBOUND TOURISM AND ITS IMPACT ON TOURISM IN LATVIA
A. van der Steina ............................................................................................................................................ 112

SUBSECTION
“Innovation and Quality Technologies”
DEVELOPMENT OF INNOVATION DRIVEN CULTURE AT HIGHER EDUCATION INSTITUTION:
ISPEHE PROJECT RESULTS
M. Dubickis, D. Ščeulovs, I. Lapiņa .............................................................................................................. 116
COMPANY EXPECTATIONS ABOUT THE RESULTS FROM THE INTELLECTUAL CAPITAL
INVESTMENTS: CASE OF LATVIA
O. Lentjushenkova ......................................................................................................................................... 118
WEB-BASED IDEA MANAGEMENT SYSTEMS: POTENTIAL APPLICATION FIELD AND THE
SITUATION IN LATVIA
E. Miķelsone, E.Lielā ..................................................................................................................................... 120
IMPACT OF THE FORM OF STATE GOVERNANCE ON QUALITY ASSURANCE
INFRASTRUCTURE
J. Miķelsons .................................................................................................................................................... 123

SUBSECTION
“International Business, Logistics, Customs and Taxes”
ECONOMIC FACTORS INFLUENCING ATTRACTIVENESS OF MARITIME EDUCATION IN
LATVIA
R. Gailitis ....................................................................................................................................................... 126
SOCIAL INSURANCE PROBLEMATIC ASPECTS FOR SELF-EMPLOYED PERSONS IN LATVIA
I. Leibus, M. Lazdina ...................................................................................................................................... 128
TAX IMPACT ON HOUSEHOLD INCOMES
M. Pavlova ..................................................................................................................................................... 130
SUBSECTION
“National Research Program EKOSOC-LV: ‹‹The Development of Innovation and
Entrepreneurship in Latvia in Compliance with the Smart Specialization Strategy›› &
‹‹Involvement of the Society in Social Innovation for Providing Sustainable
Development of Latvia››”
THE ANALYTIC HIERARCHY PROCESS AS A TOOL TO PROMOTE YOUTH EMPLOYMENT AND
SUSTAINABILITY IN LATVIA
L. Grinevica, B. Rivza, P. Rivža .................................................................................................................... 132
SUSTAINABLE INNOVATIONS IN THE PROMOTION OF HOME PRODUCED PRODUCTS IN THE
MARKET
M. Pelše, S. Zēverte-Rivža, Z. Rone ............................................................................................................... 133
THEORETICAL OLD-AGE PENSION BENEFITS AND REPLACEMENT RATES IN THE BALTIC
STATES: A RETROSPECTIVE SIMULATION
O. Rajevska .................................................................................................................................................... 135
DEVELOPMENT OF THE ENTREPRENEURIAL COMPETENCE IN LATVIA IN THE EU GOALS
CONTEXT
A. Šenberga .................................................................................................................................................... 137
INNOVATIVE METHODS OF TEACHING AND LEARNING FOR PROMOTING
ENTREPRENEURIAL COMPETENCES
A. Sorokina .................................................................................................................................................... 140

SUBSECTION
“Safety of Technogenic Environment”
MINIMISING RADIOFREQUENCY RADIATION EXPOSURE OF SMART PHONES AND TABLETS -
USING AN OFF-LINE READER INSTEAD OF WIRELESS BROWSING FOR MOBILE LEARNING
M. Ahonen, T. Koppel .................................................................................................................................... 144
ERGONOMICS IN BUSINESS – APPROACH FOR ORGANISATION EFFICIENCY IMPROVEMENT
H. Kalkis, Z. Roja, S. Babris, I. Rezepina ...................................................................................................... 146
MICROWAVE REFLECTION PROPERTIES OF BUILDING MATERIALS IN THE WORKING
ENVIRONMENT
T. Koppel, H. Haldre ..................................................................................................................................... 148
SHIELDING INBOUND MICROWAVE ELECTROMAGNETIC RADIATION
T. Koppel, H. Haldre ..................................................................................................................................... 151
INCREASING NATURAL DAYLIGHT LEVELS IN ATRIUM TYPE BUILDING
T. Koppel, P. Tint ......................................................................................................................................... 154
THE NEW OCCUPATIONAL ELECTROMAGNETIC FIELDS' DIRECTIVE 2013/35/EU COMPARED
TO THE EXISTING ESTONIAN NATIONAL LEGISLATION
T. Koppel, I. Vilcane ...................................................................................................................................... 156
IMPLEMENTATION OF PREVENTIVE MEASURES FOR THE FIRE PROTECTION
STRENGTHENING
J. Malahova, J. Ķiršs, J. Ieviņš, V. Urbāne ................................................................................................... 159
VOLUNTARY SAFETY MANAGEMENT SYSTEM IN MANUFACTURING INDUSTRY – TO WHAT
EXTENT DOES OHSAS 18001 CERTIFICATION HELP?
Õ. Paas, K. Reinhold, P. Tint ........................................................................................................................ 161
PROBLEMS AND SOLUTIONS OF AUTO LADDERS AND CARTOWERS USAGE FOR
FULFILLMENT OF STATE FIRE AND RESCUE SERVICE TASKS
A. Politika, J. Malahova, I.Vilcāne, V.Jemeļjanovs ...................................................................................... 163
DEVELOPMENT OF BUILDING CONSTRUCTION’S DEFORMATION CONTROL SYSTEM
A. Skudra, V. Garancis, D. Atstaja, A. Valdemars ........................................................................................ 165
NORMATIVE ACT REGULATION OF TRAINING FOR PERSONNEL CONNECTED WITH
OPERATION OF DANGEROUS MACHINERY AND ITS IMPROVEMENT
E. Upeniece, J. Bērziņš .................................................................................................................................. 167
DEVELOPMENT OF GUIDELINES FOR OPERATORS WORKING WITH DANGEROUS
MACHINERY PROFICIENCY ASSESSMENT OF ELIGIBILITY FOR THE JOB
E. Upeniece, J. Bērziņš ................................................................................................................................. 170
SECTION
“Scientific Problems of Engineering Economics of
Construction, Real Estate Management, Regions and
Territories Development”
SUBSECTION
“Peculiarities of Engineering Economics in Construction, Real Estate and Land
Management”
EUROPEAN STUDIES ON LAND VALUE CAPTURE OF “UNEARNED INCREMENTS”
A. Auziņš ........................................................................................................................................................ 174
MANAGEMENT OF ENVIRONMENTAL COSTS IN THE PROJECT: THE EXPERIENCE OF RUSSIA
AND MONGOLIA
N. Davaakhuu, E. Alnykina, I. Gengut .......................................................................................................... 176
THE DEVELOPMENT OF HOUSING SECTOR AND RESIDENTIAL REAL PROPERTY MARKET
AFTER ECONOMIC RECESSION IN LATVIA
S. Geipele, A. Auziņš ...................................................................................................................................... 177
ENERGY CONSERVATION PROGRAMS IN RUSSIA
Y.V. Gerasimenko .......................................................................................................................................... 180
THE CORRELATION BETWEEN CORROSION AND THE MARKET VALUE IN THE EVALUATION
PROCESS OF SPECIAL CONSTRUCTIONS ASSETS – PIPELINE TRANSPORTATION SYSTEMS
C. Gheorghe .................................................................................................................................................. 182
THE IMPACT OF SPECIAL ECONOMIC ZONES ON THE ECONOMIC SITUATION OF THE WIDER
REGION
I. Gulbis, S. Geipele ....................................................................................................................................... 184
LAND USE ANALYSIS IN LATVIA IN A CONTEXT OF THE SUSTAINABLE DEVELOPMENT
L. Kauškale, I. Geipele .................................................................................................................................. 186
THE ANALYSIS OF REAL ESTATE MARKET AND ECONOMIC FLUCTUATIONS IN LATVIA AND
ITS INFLUENCE ON REAL ESTATE ENTREPRENEURSHIP
L. Kauškale, I. Geipele .................................................................................................................................. 188
PROBLEMS OF IMPLEMENTATION OF INFORMATION TECHNOLOGY IN THE HOUSING
SECTOR IN RUSSIA
S.A. Kirsanov, E.N. Safonov .......................................................................................................................... 190
IMPLEMENTATION OF ENERGY-SAVING INNOVATIONS AS THE MAIN DIRECTION OF
DEVELOPMENT OF THE BUILDING MATERIALS INDUSTRY
O.V. Kuzina ................................................................................................................................................... 193
IMPROVING THE ASSESSMENT OF THE ENVIRONMENTAL INDICATORS OF INVESTMENT
PROJECTS BASED ON THE PUBLIC-PRIVATE PARTNERSHIP
T.N. Malakhova, K.P. Kolotyrin, V. Yakunin ................................................................................................ 195
DEVELOPMENT OF DIVIDED OWNERSHIP RIGHTS IN LATVIA
R. Muskate, T. Tambovceva ........................................................................................................................... 197
EMPLOYMENT PROBLEMS AND PROSPECTS IN THE RUSSIAN "GREEN" BUILDING SECTOR
E. Pirozhenko ................................................................................................................................................ 199
RESIDENTIAL BUILDING MANAGEMENT SYSTEM FEATURES AND UNDERLYING FACTORS
I. Puķīte, I. Geipele ........................................................................................................................................ 201
TERRITORIAL LOCATION IMPACT ON BUILDINGS RECOVERY VALUE
N. Rauza, T. Tambovceva .............................................................................................................................. 203
CHALLENGES AND OPTIMIZATION STRATEGY FOR FEED-IN TARIFFS OF RENEWABLE
ENERGY IN CIS COUNTRIES
O. Saidmamatov, S. Salaev, B. Eshchanov .................................................................................................... 205
SIGNS OF DEGRADATION OF THE HOUSING FUND IN LATVIA
A. Sideļska, .................................................................................................................................................... 207
CIVIL BUILDING MANAGEMENT PROBLEMS AND SOLUTIONS FOR ENSURING THE
SUSTAINABLE DEVELOPMENT OF LATVIA
A. Smerdevs, T. Tambovceva ......................................................................................................................... 210
SUSTAINABLE CONSTRUCTION INVESTMENT IN THE CONSTRUCTION SECTOR: MODEL OF
LATVIA
I. Stamure, I. Geipele ..................................................................................................................................... 212
KPI IN CONSTRUCTION INDUSTRY
A. Švaikovs, K. Fedotova ............................................................................................................................... 214
FUNCTIONAL RELATIONSHIP BETWEEN HOUSING AVAILABILITY AND CREDITWORTHINESS
OF HOUSEHOLDS
J. Vanags ....................................................................................................................................................... 216
FIXED TERM RESIDENCE PERMITS: THE IMPACT ON THE REAL ESTATE MARKET AND THE
NATIONAL ECONOMY
J. Vanags, D. Usenieks .................................................................................................................................. 218
REAL ESTATE DUE DILIGENCE PROCESS IN INTERNATIONAL REAL ESTATE TRANSACTIONS
IN LATVIA
J. Viesturs, A. Auziņš, ................................................................................................................................... 220

SUBSECTION
“Urban and Regional Development”
INTRODUCTION OF ACTION RESEARCH INTO PUBLIC SECTOR HUMAN RESOURCE POLICY
PLANNING AND IMPLEMENTATION IN LATVIA
I. Baltiņa, M. Šenfelde ................................................................................................................................... 223
MODEL OF THE FACTORS INFLUENCING COMPETITIVENESS OF THE LATVIAN FISHERIES
SECTOR’S CLUSTER
I. Biukšāne ..................................................................................................................................................... 226
INFLUENCE OF THE EU STRUCTURAL INSTRUMENTS ON THE REGIONAL DEVELOPMENT:
CASE OF BULGARIA
I. Ivanov ......................................................................................................................................................... 227
THE IMPORTANCE OF THE SUSTAINABLE DEVELOPMENT OF THE NEIGHBOURHOOD OF THE
CITY OF RIGA
I. Pavlova, T. Survilo, U. Kamols .................................................................................................................. 229
NETWORKS IN REGION TECHNOLOGY TRANSFER SYSTEM DEVELOPMENT
O. Prokopenko, V. Omelyanenko ................................................................................................................... 232
POVERTY MITIGATION OPTIONS IN CITIES
I. Sila, U. Kamols, L.Kamola ......................................................................................................................... 234
POLICY FOR THE "GREEN" ECONOMY DEVELOPMENT IN RUSSIA: MAIN TRENDS
M. Terešina, E. Morozova, M. Onishenko ..................................................................................................... 235