Template-Type: ReDIF-Article 1.0 Author-Name: Tomáš Pavelka Title: The Innovation Performance of the Czech Republic and a Comparison with Other European Union Member States Abstract: The European Union dedicates considerable attention to research, development and innovation. Within the long-term strategy Europe 2020, Innovation Union has become one of the key initiatives. The European Union has decided to regularly monitor progress in this area through the Summary Innovation Index. The Czech Republic also pays considerable attention to research, development and innovation. The key paper is the National Innovation Strategy, approved by the Czech Government in 2011. The aim of this article is to evaluate the innovation performance of the Czech Republic by using the Summary Innovation Index 2011, which contains a total of 24 indicators. The article analyses the progress in the field of research, development and innovation achieved by the Czech Republic. The article contains an international comparison of the innovation performance of the Czech Republic with other Member States of the European Union too. It appears that the Czech Republic lags behind the European Union average especially in the patent process and funding for research, development and innovation. Greater attention should also be given to the educational system in the Czech Republic. Keywords: innovation, research and development, summary innovation index, innovation performance Classification-JEL: O31, O32 Pages: 3-13 Volume: 2013 Issue: 3 Year: 2013 File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=401.pdf File-URL: http://www.vse.cz/aop/401 File-Format: text/html Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:401:p:3-13 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/401 Template-Type: ReDIF-Article 1.0 Author-Name: Martina Šimková Author-Name: Jaroslav Sixta Title: The Development of the Standard of Living of Czech Pensioners Abstract: The development of the standard of living of pensioners is an important issue that is very rarely analysed. The paper focuses on the development of households´ consumption for both economically active and economically inactive households. Besides the impacts on individuals´ consumption, it is the most important expenditure component of gross domestic product. The change in households´ consumption is also caused by population aging. It means that the proportion of people in the retirement age and pensioners´ households increases. Actually, this causes that the number of people needed to provide for retired people is decreasing. The paper deals with the analysis of future living conditions of pensioners, i.e., people, who are still part of the productive population nowadays. This text also deals with present and future consumption by different types of households based on a projection of the population in the retirement age. Finally, estimates of the structure of their consumer spending and comparison with the current spending are presented. Keywords: population aging, projection, households´ consumption, economic activity, living standard Classification-JEL: E21, J11, J26 Pages: 14-31 Volume: 2013 Issue: 3 Year: 2013 File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=402.pdf File-URL: http://www.vse.cz/aop/402 File-Format: text/html Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:402:p:14-31 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/402 Template-Type: ReDIF-Article 1.0 Author-Name: Hana Řezanková Title: Modeling selected indicators of the financial situation of households in the Czech Republic Abstract: The aim of the paper is to estimate models for household classifi cation from the point of view of their financial situation. The models are constructed on the basis of data from the Living Conditions 2010 survey. The target indicators are the possibility of a household to afford a week-long vacancy outside home, the possibility of a household to afford paying an unplanned expenditure in a certain amount, and an evaluation of how a household is economical with its income. The explanatory indicators are the gender of the head of the household (HOH), the education level of the HOH, the marital status of the HOH, the age of the HOH, and the household type according to the OECD classifi cation. For this purpose, classifi cation trees and logistic regression were applied. The models obtained were evaluated according to the total success rate and the F-measure. The education level of the head of the household was found to be the most important indicator for the prediction. Keywords: Czech households, financial indicator, household classification, classification tree, binary logistic regression, multinomial logistic regression, F-measure Classification-JEL: C25, C38, D19, I39 Pages: 32-50 Volume: 2013 Issue: 3 Year: 2013 File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=403.pdf File-URL: http://www.vse.cz/aop/403 File-Format: text/html Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:403:p:32-50 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/403 Template-Type: ReDIF-Article 1.0 Author-Name: Zuzana Stuchlíková Title: Japanese Economy After the Great East Japan Earthquake in 2011 Abstract: After a sharp contraction in the economic activity in 2008-2009 (the biggest economic slump in Japan after World War II), the Japanese economy started to recover in 2010. The Great East Japan Earthquake and tsunami of March 2011 brought Japan´s recovery to a halt. It ruined vast parts of Japan´s north-eastern coastal areas and damaged key infrastructure. It was one of the most destructive earthquakes in all of the Japanese history. This article focuses on the Japanese economy and its development in 2010-2012. It pays special attention to the economic impact of the earthquake and tsunami of March 2011 (damage to private capital and public infrastructure, electricity shortages, supply chain disruptions, decline in production and exports, etc.). The aim of this study is to recapitulate and analyse the development of the Japanese economy in 2010-2012 and to analyse both the immediate and long-term impacts of the Great East Japan Earthquake on the Japanese economy. It focuses on the government countermeasures and new economic strategies with respect to the latest natural disaster. Keywords: recession, Japan, 2011, Great East Japan Earthquake, earthquake, tsunami, Tohoku, Fukushima, nuclear power engineering Classification-JEL: E6, N15, Q5 Pages: 51-67 Volume: 2013 Issue: 3 Year: 2013 File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=404.pdf File-URL: http://www.vse.cz/aop/404 File-Format: text/html Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:404:p:51-67 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/404 Template-Type: ReDIF-Article 1.0 Author-Name: Jiří Sýkora Title: Oil in Timor-Leste: A Ticket to Prosperity? Abstract: Timor-Leste is currently the third newest member state of the United Nations, independent since 2002. It is also one of the poorest places on earth where life is extremely diffi cult: after prolonged fighting, physical infrastructure is virtually nonexistent, services such as health and education are of a low quality and not accessible in the mountainous interior, and a big part of the population lives in extreme poverty scraping just enough to survive. However, all this might change during the next decade(s). Timor-Leste not only has many problems but also a powerful tool for their solution: oil and gas reserves in the Timor Sea. Timor-Leste has had to fight just as hard for the rights to exploit its natural resources as it was fighting for its independence. Many pressing socio-economic problems are awaiting resolution but the country can use over $10 billion of oil revenue to address them. Institutions and instruments have been set up for efficient management of Timorese oil resources, but will the government really manage to spend the country´s wealth wisely? Keywords: international law, public administration, management of oil resources Classification-JEL: E22, F51, H54 Pages: 68-85 Volume: 2013 Issue: 3 Year: 2013 File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=405.pdf File-URL: http://www.vse.cz/aop/405 File-Format: text/html Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:405:p:68-85 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/405 Template-Type: ReDIF-Article 1.0 Author-Name: Věra Höppnerová Title: Czech Derivatives Ending in -ost and their German Equivalents Abstract: Words ending with the suffix -ost are very common in the Czech business language. In German, the corresponding words are words derived using several different suffixes, created by implicit derivation without suffixes, or composed words. These are namely words indicating share, frequency or intensity. Moreover, the Czech negation ne- is expressed in various ways in its German equivalents. This variety of equivalents to Czech words derived using the suffix -ost is very rich, so it is advisable to make students of translating courses familiar with it. The students tend to create these words mostly using the suffixes -heit or -keit. Keywords: Czech and German business language, derivation, negation, translation Pages: 86-92 Volume: 2013 Issue: 3 Year: 2013 File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=406.pdf File-URL: http://www.vse.cz/aop/406 File-Format: text/html Handle: RePEc:prg:jnlaop:v:2013:y:2013:i:3:id:406:p:86-92 X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/406