CONTENTS

1. Foreign Direct Investment and Unemployment: VAR Analysis for Poland in the Years 1995-2009 (Adam Balcerzak, Miroslawa Zurek)
2. Analysis of Value Chain and Sources of Differentiation in International Fashion Markets (Domingo Calvo Dopico, Cristina Calvo Porral)
3. Impact of Economic Crisis on Municipal Budgets in the Czech Republic (David Spacek, Petra Dvorakova)
4. Has the Accession of Greece in the EU Influenced the Dynamics of the Country’s “Twin Deficits”? An Empirical Investigation (Constantinos Katrakilidis, Emmanouil Trachanas)
5. Analysis of the Interface Systems as Mediating Agents in University/Industry Relations. Proposal of the “Relationship Promoter” as a Strategic Role in the R&D Transference (Braulio Perez-Astray, Nuria Calvo-Babio)
6. Open Innovation: Organizational Challenges of a New Paradigm of Innovation Management (Jose Lopez Rodriguez, Antonio Garcia Lorenzo)
7. Areas of Refuge for Ships in Need for Assistance: An Institutional Framework Enhancing Maritime Safety and Protection of the European and Global Marine Environment (Georgios Samiotis, Vasileios Tselentis)
8. Gender Wage Gap: Evidence from the Hellenic Maritime Sector 1995-2002 (Stavros Arvanitis, Theodoros Stamatopoulos, Eleftherios Thalassinos)
9. How Inflation, Market Capitalization, Industrial Production and the Economic Sentiment Indicator Affect the EU-12 Stock Markets (Dimitrios Subeniotis, Dimitrios Papadopoulos, Ioannis Tampakoudis, Athina Tampakoudi)
10. Competitiveness Factors in Post-transformation Period: The Case of Czech Enterprises (Petr Suchanek, Jiri Spalek, Milan Sedlacek)