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Journal of Ekonomi

Journal Papers (9) Details Call for Paper Manuscript submission Publication Ethics Contact Authors' Guide Line
1 Tourism and entrepreneurship: A literature review , Cem Işık, Ebru Günlü Küçükaltan Sonay Kaygalak Çelebi, Özgür Çalkın, İrem Enser, Ahmet Çelik
The purpose of this study was to examine the possible relationship between tourism and entrepreneurship. This paper, therefore, tried to investigate the research articles which were published in the journals indexed by SSCI, SCI and SCI-E between 1994 and 2019. Bibliometric methods were employed in the analysis of the articles. After analysing the available articles chosen in line with the criterion set for this study, the authors obtained 142 articles (see APPEX 1) concerning tourism and entrepreneurship. The results of this study reveal that the articles compassing tourism and entrepreneurship are grouped under three themes; a) entrepreneurship-based; b) tourism-based and c) other field-based studies. The investigated articles were found to focus on different large scale topics in terms of quantity and quality. It was also found in the study that knowledge production of tourism and entrepreneurship has increased since the 2010s. This study is expected to contribute to the relevant literature by offering a wider perspective regarding the field of tourism and entrepreneurship in terms of the number of the studies, journals where articles were published, the countries where the researches were conducted, research methods, index and themes.        
2 Romanian rebound after the crisis and the re-launch of the banking credit     , Magdalena Radulescu, Dita Sandra
During the 2007 crisis, Romania faced many economic challenges: a rise of inflation, large exchange rate fluctuations, drop of the banking credits, a high share of non-performing loans, drop of the banking profitability ratios. Starting with 2014, the Romanian economy has rebounded. The banking system relaunched its increasing trend of banking loans, mainly for consumption, the wages increased and the economic growth reached the highest level in the European Union (EU) area. The public debt and current account deficit largely increased, public deficit is higher than 3%, the inflation re-surged at high levels and the economic growth is mainly based on consumption which couldn’t be sustainable in the long-run.  
3 Accessible tourism in Greece: What is the current status?     , Evangelia Kasimati, Paris Ioakeimidis
Accessible tourism is a new emerging segment of tourism in Greece, as well as worldwide, related to the tourist activity of disabled people and elderly age groups. Travelers with disabilities and elderly people have their special needs when engaging in tourism. This paper attempts to present the existing status of the accessible tourism in Greece. More particularly, our research focuses on the travel needs and barriers faced by people with disabilities in order to evaluate the current accessibility level of the Greek tourism industry, as well as the quality of infrastructure, tourist services and products offered to disabled and aged people throughout the Greek tourist chain. For this purpose, questionnaires with experts involved in the Greek tourism industry were undertaken and a quantitative analysis has been used to present our results. Whenever it was possible, our results have been compared with those of other academic studies, conducted for Greece or other similar tourism destinations. Our results show that, first the “accessible tourism” product of Greece is not entirely satisfactory; therefore, demand for accessible tourism in Greece remains low, as the Greek tourist destinations lack the appropriate infrastructure and easy access to public transport; and second the dynamics and size of the accessible tourist market is not fully understood by the Greek tourist industry. Our findings enrich the existing limited literature by providing some valid conclusions for the accessible tourism in Greece, since similar academic research has not been conducted before.    
4 Georg Simmel´s contribution towards A sociological theory of socialism     , Pascal Berger
Despite its repeated socio-economic consequences of inefficiency, corruption and totalitarianism when implemented in practice, socialistic ideals claim wide spread attraction. Why? The following article tries to answer this question by referring to a sociological classic: Georg Simmel. According to Simmel, modernity is constituted by two ideals: liberty and equality. Liberty leads to competition and inequality, equality tends to a collectivisation of the means of production and a tight bond of the individual to state and society. Both ideals oppose as well as presuppose each other, and their dualistic interplay gets together within money economy. Hence the persistent attraction of socialistic ideas is inherent in modern society´s foundations, the clash of socialising and liberalising ideas is the usual case in so-called mixed economies.  
5 The conundrum of neoclassical economic theory and quantitative finance induced 2008 financial crisis and the great financial crisis enabled transition from cheap oil based mass-production economy to the emergence of cheap microchip enabled information economy [attention merchants’ surveillance capitalism] , Tunç Özelli
The text examines the main insights of the new sciences and disciplines, and shows how they reveal the flaws of NEWTONIAN orthodox NEOCLASSICAL ECONOMIC THEORY, in explaining and predicting the catastrophic events of the near economic history of the Unites States, and provides new ways of understanding the role of monetary policy in the emergence of information economy of ASSET MANAGER CAPITALISM.  A brief history of the transition from MANAGERIAL CAPITALISM of nation states of the post-World War II institutionalized with the BRETTON WOODS AGREEMENT, to global ASSET MANAGER CAPITALISM, is presented to enlighten the emergence of CHIMERICA [China+America], and President Trump’s recent attempts to dismember it by enabling the emergence of a bipolar world - TECHNOLOGIC COLD WAR - by weaponized global interdependence.  The globally interdependent techno-sphere is shown as an enabled outcome of the implementation of WASHINGTON CONCENSUS of Anglo-American ASSET MANAGER CAPITALISM, that survived a comatose near death experience in 2007-2008.  The major warriors and battlegrounds of THE TECHNOLOGIC COLD WAR are identified.   The text shows how GAIA THEORY sheds new light on economic growth, how fuzzy logic affects the national accounts, how accounting systems over-value the assets of publicly traded multinational companies balance sheets, and how network theory reveals the value of relationships, and argues that the economy needs to be viewed as a complex, chaotic system, as scientists view nature, not as an equilibrium seeking NEWTONIAN construct
6 Implemented Kanban method at Mechrom Industry , Ileana Sinisi Crenguta
Quality is at the top of most agendas, and improving quality is probably the most important task that any institution faces. Using the Kanban method became an effective tool to support running a production system as a whole, and an excellent way to promote improvement. Taking into account the need for quality and the time it takes to deliver the project, such software can help to sort the tasks according to priorities and project progress. Using Kanban digital like Trello can expose both your creativity and organizational qualities in a smart campaign. The aim of this study is to improve the working processes of the entire team and to optimize the existing operations.  
7 Cruise industry in Greece: Possibilities and prospects     , Kasimati Evangelia, Dionysopoulou Panagiota, Doulgeraki Charikleia
The cruise industry is considered among the most rapidly growing alternative tourism sector worldwide, exhibiting rising demand trends over the last decades. In Greece, the origins of cruising go back to 1930s, at a time when the first Greek cruise firms introduced cruising routes in the Aegean Sea and the greater area of the Mediterranean basin. At present, the Greek cruise tourism can be considered as a significant participant in the broader East Mediterranean market. The objective of this paper is to examine whether there is a correlation, and in what extent, between the cruise passengers’ arrivals, the international airports’ arrivals and the GDP per capita for six Greek regions. For this purpose, data are collected from a range of official sources, including national accounts derived from the Hellenic Statistical Authority and the Bank of Greece, the Hellenic Ports Association and the Civil Aviation Authority and they are referred to the 2010-2016 period. Studying the statistical relationship between the three variables, we found mixed results among the examined Greek regions for the defined time intervals. Our empirical findings contribute to the existing literature by providing useful conclusions for the cruise industry’s impact on the Greek regions’ GDP growth.    
8 Tourism and innovation: A literature review     , Cem Işık, Ebru Günlü Küçükaltan, Sedat Taş, Emre Akoğul, Abdulkadir Uyrun, Tahmina Hajiyeva, Barış Turan, Ahmet Halil Dırbo, Engin Bayraktaroğlu 
It is merely evident that innovation is more in the ascendant not only in the practical field but also in theory. However, although innovation seems to be entirely discussed within different business fields, tourism -due to its “service” and “manpower” based nature-, is considered to be one of the relatively stepwise sectors. Thus, this study aims to review 235 articles indexed by SSCI, SCI, SCI-E, ESCI and SCOPUS between 1900-2019 in the context of tourism-innovation relationship. In this review, these articles are grouped under the five themes of Schumpeter (1934) as product innovation, process innovation, market innovation, input innovation and organizational innovation. Among these studies, while process innovation was found to be the most studied subject, product and service innovation was found to be the least studied subject. The most frequently used keyword was found to be innovation itself. Besides it was seen that sustainability in process innovation, perceptions of employees and managers in organizational innovation, business performance and customer satisfaction in service innovation, product development and business performance in product innovation are the most frequently used keywords all through the entire tourism literature. These findings highlight that innovation in tourism research is developing as it does in the manufacturing industry. This research might be considered as not only an opportunity for contemporary innovation executives to follow up the developments in the theory and update their practices in the sector but also an inspiration for the theorists to discover the gaps and the relatively disregarded niche areas and contribute to the future researches.    
9 Novacene: The emergence of low cost microchip enabled information-economy from inexpensive petroleum based mass-production economy     , Tunç Özelli
The text examines the main insights of the new sciences and disciplines, and shows how they reveal the flaws of orthodox NEOCLASSICAL ECONOMIC THEORY hacked from NEWTONIAN PHYSICS, in explaining and predicting the catastrophic events of the near economic history, and provides new ways of understanding the role of Alan Greenspan’s monetary policy of the United States [1987-2006] in the emergence of unimpeded global dominance of plutocratic intangible economy of ASSET MANAGER CAPITALISM that simultaneously produced a decade long secular stagnation in the rich world with global sharp steady increases in inequality of wealth and income distribution during and after the 2008 financial crisis. A brief history of the transition from MANAGERIAL CAPITALISM of nation states of the post-World War II institutionalized with the BRETTON WOODS AGREEMENT, to global ASSET MANAGER CAPITALISM, is presented to enlighten CHIMERICA’s evolution [China+America], and President Trump’s attempts to dismember it by enabling the emergence of a bipolar world- TECHNOLOGY COLD WAR by weaponized global interdependence. The globally interdependent techno-sphere is shown as an enabled outcome of the implementation of WASHINGTON CONCENSUS of Anglo-American ASSET MANAGER CAPITALISM, that survived a comatose near death experience in 2007-2008. The major warriors and battlegrounds of THE TECHNOLOGY COLD WAR are identified. The text shows how GAIA THEORY sheds new light on economic growth, how fuzzy logic affects the national accounts, how accounting systems over-value the assets of publicly traded multinational companies balance sheets, and how network theory reveals the value of relationships, and argues that the economy needs to be viewed as a complex, chaotic system, as scientists view nature, not as an equilibrium seeking NEWTONIAN construct.