Klaipėdos universitetas

The article aims to show that the main and most important prerequisite for successful hotel business growth in current promptly changing business environment becomes development of innovation in the hotel industry. Though the term innovation is already widely defined by many researchers, it is considered in the article as a subject for future discussions leading to proposed scientific classification of innovations based on selected criterions. Evaluation of the process of innovation appearance in the hotel market allowed creation of the model, presenting the main influences and attributes of the whole innovation process in a hotel industry. Afterwards, the article discusses some specific innovation tools that are essential for hotel enterprises and which could be challenging for hoteliers in Ukrainian market nowadays. Based on the empirical research results, the obstacles which hinder up-to-date innovative operations in Ukrainian Radisson chain hospitality market are discussed. As well, concerning prospective innovation trends for Radisson Hotels in Ukraine, advices for future innovation implementation were proposed.

The article aims to show that conditioned by globalization processes integration tendencies in the world economy stimulate the search of new export expansion directions and development methods. Their evaluation and implementation are important driving forces for national economic growth and sustainable development of regions. Current Lithuanian state’s position in export promotion, as it enters into exchanges with the ever-changing global environment, must be conceptually justified, enabling equal participation in the international trade and the ability to withstand globalization’s challenges. Most importantly, export promotion and development mechanisms and instruments should allow for timely responses towards the increasing liberalization of economic relationships and encourage the introduction of prerequisites for the acceleration of economic growth through export expansion.

The article aims to show that small and medium enterprises (SMEs) and entrepreneurs is of great significance and play a crucial rolein almost every nation’s economy and as such have become a major source of employment creation and income generation which inducesinnovation and economic growth. The SMEs sector is of specific importance for the development of the Republic of Moldova.Creating a business environment that fosters small business and entrepreneurship development in Moldova is a key to generatingwider economic growth in the country. As entrepreneurship in Moldova represents a rather new definition and the entrepreneurialactivity is very poor, in this context, the need for SMEs sector support through the creation of stable legal and economic conditionsfavoring entrepreneurial activity development is evident. Empirical research revealed main problems facing Moldovan SMEs, andtheir attitudes to entrepreneurship development.

Thearticle aims to show why and how trust and its components of are importantwithin organizational context. Trust in virtual teams is a rathernew and little studied field. Explicitunderstandings of what is a virtual team together with which dimensions definesuch team are provided. Afterwards, the article discuss what specificchallenges virtual teams face when attempting to establish trust between itsmembers providing knowledge on what actions and behaviors can build trust in avirtual team and overcome the challenges specific to virtual teams. Due tocertain virtual teams’ specifics (geographic dispersion, electronic dependence,dynamic structure and cultural diversity) trust in these teams is usually low. Basedon the empirical research results methods for building trust in the virtualteam are suggested.