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Article Type: Guest editorial From: Journal of Enterprising Communities: People and Places in the Global Economy, Volume 7, Issue 1

The First International Scientific Conference on Economic and Social Development, organized in Frankfurt on 26-27 April 2012, spread the focus to three relevant areas:

  • 1.

    challenges of the modern world with special insight into economic impact on social development and democracy;

  • 2.

    enterprise in a turbulent environment or the economics of modern corporations;and

  • 3.

    entrepreneurship caught between creativity and bureaucracy and the role of SMEs in national economies.

Authors from different social and scientific environments accepted the invitation and contributed with more than 50 papers which had been the result of their original research or their deep knowledge of modern tendencies.

We are happy to present some of the best papers from the Conference in a special issue of Emerald’s Journal of Enterprising Communities: People and Places in the Global Economy.

Ilie Rotariu focuses on the adverse consequences, mainly the “naturalization”of global indicators and principles that may lead to defective national rules that may harm the local academic system and the manipulations that might be drawn up among the academic staff and public.

Anton Pakhomov, Viola von Cramon-Taubadel and Marat Balasanyan show the architecture and dynamics of Russian-German economic relations.

Alka Obadic´ looks at the growing acceptance of flexibility and the“creative destruction” of local production systems, representing an important tool for the creation of new jobs, as well as answers to the challenges of globalization. At the same time, there have been significant changes in the consideration of industrial policy in Europe, which leads to extended use of clusterization.

Zlatko Nedelko and Vojko Potocan’s approach omit “to” the innovativeness as omit “to” the key success factor in modern turbulent enterprises, backed up with theoretical cognitions and business practice experiences.

Ivana Silic, Zelimir Dulcic and Meri Visic look at whether Economics Students from German and Croatian Universities have different hierarchical value systems.

Ivana Kovač and Ivan Kovač find a correlation between international trade of goods and national economy in Croatia.

Tomislav Bakovic´, Tonc´i Lazibat and Ines Sutic´ explore radical innovation culture in the Croatian manufacturing industry.

Marjana Merkač Skok is interested in career counseling in higher education, while Ivana Silic, Zelimir Dulcic and Meri Visic explore the value systems of the youth in Germany and Croatia.

Finally, Iva Jusup, Domagoj Hruška and Dinko Primorac present a case study of competitive advantage in tuna farming industry in Croatia.

We hope that the selected papers might be of interest to the broader audience and open new areas for further research as well as an exchange of experience. We are thankful to the publisher who is making possible all of these expectations.

Marijan CingulaGuest Editor

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