Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.27
Ahmed EL SHESHTAWY, A. Salah, Mostafa Abdel RAHMAN IBRAHIM, D. Mocuta, Adrian Turek Rahoveanu, A. Hossu
Biological filtration is the keystone of any recirculating aquaculture system (RAS). Biological treatment process is considered the most economically feasible approach. Unfortunately, there is no ideal biofilter can be used for all different purposes. Understanding the nitrification capacity of different biological filters under actual production conditions will help the recirculating system designers in proper selection of the economically biological filters for the large scale commercial production use. In this review, we shed light on the performance, pros and cons of some of the most commonly used biofiltration systems.
{"title":"The Nitrification Capacity of Different Types of Biological Filters - An Overview","authors":"Ahmed EL SHESHTAWY, A. Salah, Mostafa Abdel RAHMAN IBRAHIM, D. Mocuta, Adrian Turek Rahoveanu, A. Hossu","doi":"10.18662/LUMPROC.RCE2017.1.27","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.27","url":null,"abstract":"Biological filtration is the keystone of any recirculating aquaculture system (RAS). Biological treatment process is considered the most economically feasible approach. Unfortunately, there is no ideal biofilter can be used for all different purposes. Understanding the nitrification capacity of different biological filters under actual production conditions will help the recirculating system designers in proper selection of the economically biological filters for the large scale commercial production use. In this review, we shed light on the performance, pros and cons of some of the most commonly used biofiltration systems.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131033408","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/lumproc.rce2017.1.34
Silvius Stanciu
The quality of food sold on the Romanian market represents a topical issue, of maximum interest for the health of the population. Information regarding the existence of double production standards for food products destined to East and West European markets has become a viral issue, with a wide public debate at media level, profile faculties and research institutes, governmental and non-governmental bodies. The article proposed a comparative analysis of the media information and the CEE official’s reaction, correlated with the official results of the analysis carried out by the profile governmental bodies for the assessment of the quality of food products from the Romanian market. The results of the researches carried out have highlighted the lack of technical expertise of the national authorities, a late and improper reaction to sensitive issues at European level in the field of food products quality, linked also to discrepancies existing between G15 and the rest of the European Union, the inability of certain decisions focused on the cause of the problem analysed. The measures taken by the Romanian authorities were either late and the costs incurred for carrying out certain food analysis were useless. The lack of certain specialists’ decision-makers in the food sector, the prevalence of political decisions, based on obscure interests will still lead to discrepancies in the sector of food products marketed in Romanian stores, will increase the dependence of the domestic import market and will destroy the few companies with Romanian capital which are still active in the food sector.
{"title":"Food Quality in Romania. Compliant or Not with Food Quality in Western Europe","authors":"Silvius Stanciu","doi":"10.18662/lumproc.rce2017.1.34","DOIUrl":"https://doi.org/10.18662/lumproc.rce2017.1.34","url":null,"abstract":"The quality of food sold on the Romanian market represents a topical issue, of maximum interest for the health of the population. Information regarding the existence of double production standards for food products destined to East and West European markets has become a viral issue, with a wide public debate at media level, profile faculties and research institutes, governmental and non-governmental bodies. The article proposed a comparative analysis of the media information and the CEE official’s reaction, correlated with the official results of the analysis carried out by the profile governmental bodies for the assessment of the quality of food products from the Romanian market. The results of the researches carried out have highlighted the lack of technical expertise of the national authorities, a late and improper reaction to sensitive issues at European level in the field of food products quality, linked also to discrepancies existing between G15 and the rest of the European Union, the inability of certain decisions focused on the cause of the problem analysed. The measures taken by the Romanian authorities were either late and the costs incurred for carrying out certain food analysis were useless. The lack of certain specialists’ decision-makers in the food sector, the prevalence of political decisions, based on obscure interests will still lead to discrepancies in the sector of food products marketed in Romanian stores, will increase the dependence of the domestic import market and will destroy the few companies with Romanian capital which are still active in the food sector.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"6 45","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132880867","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.9
C. Dobrin, Ruxandra Dinulescu, A. Dima
Objectives: The following paper aims to present a part of the issues with which the Romanian healthcare system copes, from a Lean methodology point’s of view. The main objective is to identify the actions and medical processes that do not add value for the patients and how could be reduced or even eliminated. Prior work: The Romanian hospitals and clinics need to offer the best experiences for their patients. In this way, and studying the models from American and European hospitals that already adopted Lean methodology as part of their every day job, introducing Lean to Romanian healthcare system represents a way of transforming a blamed system into a representative model.Approach: The paper relies on facts and actions that take place in public hospitals and clinics from Romania. After observing for a couple of years the patients’ behaviour and their needs, through surveys and direct interviews, we have arrived at the conclusion that the Lean method could be an efficient way of improving the Romanian healthcare system.Implications: During the study, researchers have involved in observing and understanding waste in the healthcare system.Value: The paper presents a new vision for improving and better organizing the Romanian healthcare system.
{"title":"Identifying the Wastes from the Romanian Healthcare System using the Lean Approach","authors":"C. Dobrin, Ruxandra Dinulescu, A. Dima","doi":"10.18662/LUMPROC.RCE2017.1.9","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.9","url":null,"abstract":"Objectives: The following paper aims to present a part of the issues with which the Romanian healthcare system copes, from a Lean methodology point’s of view. The main objective is to identify the actions and medical processes that do not add value for the patients and how could be reduced or even eliminated. Prior work: The Romanian hospitals and clinics need to offer the best experiences for their patients. In this way, and studying the models from American and European hospitals that already adopted Lean methodology as part of their every day job, introducing Lean to Romanian healthcare system represents a way of transforming a blamed system into a representative model.Approach: The paper relies on facts and actions that take place in public hospitals and clinics from Romania. After observing for a couple of years the patients’ behaviour and their needs, through surveys and direct interviews, we have arrived at the conclusion that the Lean method could be an efficient way of improving the Romanian healthcare system.Implications: During the study, researchers have involved in observing and understanding waste in the healthcare system.Value: The paper presents a new vision for improving and better organizing the Romanian healthcare system.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"81 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124117888","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.26
Elena Ivaşcu, Nicoleta Bărbuță-Mișu
The main objectives of the company's financial management are to ensure financial performances and to choose the capital structure that corresponds to the lowest total cost of capital. The purpose of this paper is to analyse the relationship between the capital structure and cost, and the financial performance of Engie Transnational Group, one of the most important global electricity producers. The data used were extracted from the Amadeus and Bloomberg databases for the period 2010-2015. Financial performance was analysed both by creating and proposing an aggregate index, as well as based on the Z Conan & Holder score. The company's financial structure was analysed on the basis of the total leverage ratio and for the total cost of capital, the weighted average capital cost formula was used. The results obtained at the Engie Group level show that the capital structure is predominantly indebted, and the maximum financial performance is obtained when the financial structure is minimal and the weighted average capital cost is maximum. The reversed relationship between the financial structure and the financial performance is in accordance with the financial structure theories of information asymmetry, pecking order and dynamic trade-off. The reversed relationship is confirmed in all Engie Group companies, except one company from United Kingdom.
{"title":"Influences of the Capital Structure and the Cost of Capital on Financial Performance. Case Study on ENGIE Group","authors":"Elena Ivaşcu, Nicoleta Bărbuță-Mișu","doi":"10.18662/LUMPROC.RCE2017.1.26","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.26","url":null,"abstract":"The main objectives of the company's financial management are to ensure financial performances and to choose the capital structure that corresponds to the lowest total cost of capital. The purpose of this paper is to analyse the relationship between the capital structure and cost, and the financial performance of Engie Transnational Group, one of the most important global electricity producers. The data used were extracted from the Amadeus and Bloomberg databases for the period 2010-2015. Financial performance was analysed both by creating and proposing an aggregate index, as well as based on the Z Conan & Holder score. The company's financial structure was analysed on the basis of the total leverage ratio and for the total cost of capital, the weighted average capital cost formula was used. The results obtained at the Engie Group level show that the capital structure is predominantly indebted, and the maximum financial performance is obtained when the financial structure is minimal and the weighted average capital cost is maximum. The reversed relationship between the financial structure and the financial performance is in accordance with the financial structure theories of information asymmetry, pecking order and dynamic trade-off. The reversed relationship is confirmed in all Engie Group companies, except one company from United Kingdom.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128942904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/lumproc.rce2017.1.2
G. Opait
The efficacy politic of the federal government in United States, concerning the Health Care System and the Health Expenditures, develops a „fingerprint” in the optimization of the values regarding the Life Expectancy. The aim of this research is to emphasize the powerful and the precious statistical connection between the Health Expenditures and the Life Expectancy in United States. The Health Expenditures represents the “sparks of the internal combustion engines” which put in movement the circuits of the “energetic high tides” from hospitals and medical clinics, for to maintain or to obtain the health of the patients. In any country, the Health Expenditures constitute important “energetic source” for to achieve a high Life Expectancy. In this research, the United States represent a model which musts be applied on international level by all the countries. In each year, the United States have “astronomical numbers” reflected by the Health Expenditures and this statistical analysis through the correlation coefficient demonstrates that, there is a very important and beneficial influence of the Health Expenditures on Life Expectancy in the United States, which have “astronomical numbers” presented by the Life Expectancy. Everywhere on globe, a high quota destined to the Health Expenditures has as effect a good health for nation and this effect, as in a “perpetuum mobile”, achieves a well-being and an economic development for the respective country. The Life Expectancy and the Health Expenditures must to represent for any country “targets” of the good health and well-being for these nations.
{"title":"The Statistical Connector between the Health Expenditures and the Life Expectancy, in United States","authors":"G. Opait","doi":"10.18662/lumproc.rce2017.1.2","DOIUrl":"https://doi.org/10.18662/lumproc.rce2017.1.2","url":null,"abstract":"The efficacy politic of the federal government in United States, concerning the Health Care System and the Health Expenditures, develops a „fingerprint” in the optimization of the values regarding the Life Expectancy. The aim of this research is to emphasize the powerful and the precious statistical connection between the Health Expenditures and the Life Expectancy in United States. The Health Expenditures represents the “sparks of the internal combustion engines” which put in movement the circuits of the “energetic high tides” from hospitals and medical clinics, for to maintain or to obtain the health of the patients. In any country, the Health Expenditures constitute important “energetic source” for to achieve a high Life Expectancy. In this research, the United States represent a model which musts be applied on international level by all the countries. In each year, the United States have “astronomical numbers” reflected by the Health Expenditures and this statistical analysis through the correlation coefficient demonstrates that, there is a very important and beneficial influence of the Health Expenditures on Life Expectancy in the United States, which have “astronomical numbers” presented by the Life Expectancy. Everywhere on globe, a high quota destined to the Health Expenditures has as effect a good health for nation and this effect, as in a “perpetuum mobile”, achieves a well-being and an economic development for the respective country. The Life Expectancy and the Health Expenditures must to represent for any country “targets” of the good health and well-being for these nations.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"186 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116174680","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.38
C. Bichescu, Mariana Chivu, Silvius Stanciu
The public health system represents a very important area for the national economy and must represent a priority for the authorities. The sector of the Romanian medical assistance services is under full development, having in view the reduction in the number of state financed hospitals and the recent increasing percentage of private investment in this area. This study advances an evaluation of the national health system from the perspective of national statistics data, under the conditions of applying successive reform attempts started in the 1990s. The research has shown an ascending evolution of the medical private services, with considerable growth in the number of hospitals and polyclinics. Family medical services, dentist clinics or technical dental offices are almost totally privatised.
{"title":"Romanian Health System on the National Statistical Data","authors":"C. Bichescu, Mariana Chivu, Silvius Stanciu","doi":"10.18662/LUMPROC.RCE2017.1.38","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.38","url":null,"abstract":"The public health system represents a very important area for the national economy and must represent a priority for the authorities. The sector of the Romanian medical assistance services is under full development, having in view the reduction in the number of state financed hospitals and the recent increasing percentage of private investment in this area. This study advances an evaluation of the national health system from the perspective of national statistics data, under the conditions of applying successive reform attempts started in the 1990s. The research has shown an ascending evolution of the medical private services, with considerable growth in the number of hospitals and polyclinics. Family medical services, dentist clinics or technical dental offices are almost totally privatised.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126111507","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.18
C. Popescu, R. Georgescu
“In terms of work performance individuals are not significantly different” (Deming, 2000). To eliminate subjectivism and errors in assessing performances of human resources within an organization, managers have to relate to well-defined standards of performance. Once assessment criteria have been established, they will be compared to standards and elements of reference in measuring results. This study introduces the most important results regarding teaching standards, their requirements in relation to knowledge, skills and mentalities developed by teaching staff in Dâmbovita county. The data has been obtained by applying a questionnaire on a representative focus group of teaching staff in pre-universitary education.
{"title":"The Impact of Standardization on Growth of Performances of Human Resources within an Organization","authors":"C. Popescu, R. Georgescu","doi":"10.18662/LUMPROC.RCE2017.1.18","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.18","url":null,"abstract":"“In terms of work performance individuals are not significantly different” (Deming, 2000). To eliminate subjectivism and errors in assessing performances of human resources within an organization, managers have to relate to well-defined standards of performance. Once assessment criteria have been established, they will be compared to standards and elements of reference in measuring results. This study introduces the most important results regarding teaching standards, their requirements in relation to knowledge, skills and mentalities developed by teaching staff in Dâmbovita county. The data has been obtained by applying a questionnaire on a representative focus group of teaching staff in pre-universitary education.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131674971","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.41
Iliodor Tiberiu Pleșa
The activity of public institutions in Romania is extremely important in the context of ensuring the good functioning of Romanian society as a whole.The article analyzes the effect of the performance audit performed by the Romanian Court of Accounts at the level of the public institutions on the efficiency, effectiveness and economy of the public resources used by them.Also, is analyzed the international framework regarding the performance audit, with a range of issues found at other Supreme Audit Institutions of INTOSAI.
{"title":"Performance Audit, an Independent Assessment Instrument for the Management of Public Institutions","authors":"Iliodor Tiberiu Pleșa","doi":"10.18662/LUMPROC.RCE2017.1.41","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.41","url":null,"abstract":"The activity of public institutions in Romania is extremely important in the context of ensuring the good functioning of Romanian society as a whole.The article analyzes the effect of the performance audit performed by the Romanian Court of Accounts at the level of the public institutions on the efficiency, effectiveness and economy of the public resources used by them.Also, is analyzed the international framework regarding the performance audit, with a range of issues found at other Supreme Audit Institutions of INTOSAI.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126901031","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/LUMPROC.RCE2017.1.25
Mustafa C. Ungan
Supply chain risk management is turned out to be a critical function for organization around the globe as a consequence of change in technology, economic, environment of organizations. Most companies or organizations view supply chain risk as a disruption of the flow of products or services that meet their requirements and consequently reduce their performance. A literature review for this study indicates that relationship between supply chain risks and developing appropriate mitigation strategies is drawing the attention of practitioners and academics in recent years. However, there is a lack of studies in this field. This paper aims to contribute to fill this gap in the literature by exploring the relationships between supply chain risks in Nigeria. To this end, data were collected 82 companies operating in different industries. Correlation matrices and item to total correlations were used for the analysis. The results indicated that terrorist activity risk is the most perceived supply chain risk in Nigeria. It was also found that many companies can reduce the level of many supply chain risks with an optimum level of capacity and good planning. It is expected that the findings help supply chain managers and policy makers in their decisions.
{"title":"Relationship Between Supply Chain Risks: An Empirical Work","authors":"Mustafa C. Ungan","doi":"10.18662/LUMPROC.RCE2017.1.25","DOIUrl":"https://doi.org/10.18662/LUMPROC.RCE2017.1.25","url":null,"abstract":"Supply chain risk management is turned out to be a critical function for organization around the globe as a consequence of change in technology, economic, environment of organizations. Most companies or organizations view supply chain risk as a disruption of the flow of products or services that meet their requirements and consequently reduce their performance. A literature review for this study indicates that relationship between supply chain risks and developing appropriate mitigation strategies is drawing the attention of practitioners and academics in recent years. However, there is a lack of studies in this field. This paper aims to contribute to fill this gap in the literature by exploring the relationships between supply chain risks in Nigeria. To this end, data were collected 82 companies operating in different industries. Correlation matrices and item to total correlations were used for the analysis. The results indicated that terrorist activity risk is the most perceived supply chain risk in Nigeria. It was also found that many companies can reduce the level of many supply chain risks with an optimum level of capacity and good planning. It is expected that the findings help supply chain managers and policy makers in their decisions.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115455116","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-11-15DOI: 10.18662/lumproc.rce2017.1.4
G. Opait
The „high artillery” of the medical innovations, concerning the Medical Devices and the MedTech, determines the „accelerator boom” of these „Top Management Products” on the United States and Germany markets. These medical innovations represent the synthesis of the interdisciplinary connexions between Medical Clinics, medical researches, academicians and medical engineering. The medical researches from the medical technology sphere reflect a high level of the innovations and them are components of the continuous high tides of the medical discoveries. The “attraction point”, in the “sphere of the excitements” reflected by the high-tech medical innovations, is represented by the tendency concerning the miniaturisation of the medical devices with a very striking design and in each year, at the international level, we can see a lot of events which present these medical equipments accompanied by the sophisticated medical technologies which reflect “the sweet cherry on fancy cake”. The Medical Devices and MedTech Planet occupies on the Earth Planet, the principal role regarding the interventions in the view of the improvements for the health of the people. In this sense, the modern medical technologies, for the high quality of the medical devices, make the medical diagnoses and the medical interventions with the biggest precisions. In the top ten international medical technologies are Medtronic and Boston Scientific from the United States, which occupy the first two places. The American leadership in the Medical Devices sphere, at international level, and the German leadership in the Medical Technologies sphere, at European level, created two forces in the medical innovation domain with maximum effect on the Life Expectancy from these countries, where the both nations are well on in years.
{"title":"Comparative Statistical Analysis Concerning „The Boom” of the Medical Equipments and Technologies, between United States and Germany","authors":"G. Opait","doi":"10.18662/lumproc.rce2017.1.4","DOIUrl":"https://doi.org/10.18662/lumproc.rce2017.1.4","url":null,"abstract":"The „high artillery” of the medical innovations, concerning the Medical Devices and the MedTech, determines the „accelerator boom” of these „Top Management Products” on the United States and Germany markets. These medical innovations represent the synthesis of the interdisciplinary connexions between Medical Clinics, medical researches, academicians and medical engineering. The medical researches from the medical technology sphere reflect a high level of the innovations and them are components of the continuous high tides of the medical discoveries. The “attraction point”, in the “sphere of the excitements” reflected by the high-tech medical innovations, is represented by the tendency concerning the miniaturisation of the medical devices with a very striking design and in each year, at the international level, we can see a lot of events which present these medical equipments accompanied by the sophisticated medical technologies which reflect “the sweet cherry on fancy cake”. The Medical Devices and MedTech Planet occupies on the Earth Planet, the principal role regarding the interventions in the view of the improvements for the health of the people. In this sense, the modern medical technologies, for the high quality of the medical devices, make the medical diagnoses and the medical interventions with the biggest precisions. In the top ten international medical technologies are Medtronic and Boston Scientific from the United States, which occupy the first two places. The American leadership in the Medical Devices sphere, at international level, and the German leadership in the Medical Technologies sphere, at European level, created two forces in the medical innovation domain with maximum effect on the Life Expectancy from these countries, where the both nations are well on in years.","PeriodicalId":277123,"journal":{"name":"Risk in Contemporary Economy","volume":"238 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116491860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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