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1
Bielik, Nataliia. "FACTORS OF PSYCHOLOGICAL READYNESS FOR REAL ESTATE ACTIVITY." Bulletin of Taras Shevchenko National University of Kyiv. Series “Psychology”, no. 1 (11) (2020): 6–9. http://dx.doi.org/10.17721/bsp.2020.1(11).1.
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The topic's relevance is related to the situation in the labor market, which needs competent realtors. The aim is to study and investigate the main factors of the psychological readiness towards realtor professional activity. The article considers the main approaches to studying the phenomenon of psychological readiness and factors of its functioning. Psychological readiness for real estate activity is an integrated quality of personality, which aims to an adequate reaction to the possibilities of a situational solution of universal professional problems of a realtor utilizing acquired professional competencies. The study involved 130 people. The methods employed in the present study include various types of questionnaires, namely Guilford's Test (J. Guilford); Big Five / 5PFQ (P. Costa & R. McCrae), Gertsberg Test (F. Hertsberh); Test Diagnostics of personality's socio-psychological attitudes in the motivational-needs sphere (O. F. Potomkin); Schwartz value survey (S. Schwartz); Professional activity motivation (K. Zamfir in A. Rean's modification); Diagnostics of motivational orientations in interpersonal communications (I. Ladanov, V. Urazaieva); Study of volitional self-regulation (A. Zvierkov, E. Eidman).The factors of psychological psychological readiness for professional activity as realtors were revealed: "standardness", "humanism", "pragmatism", "altruism", "endurance", "power", and "practicality". The main characteristics (competencies) of a specialist realtor include: a) the ability to solve complex problems and problems in the process of work (integral competence); b) the ability to apply knowledge in practical situations; ability to generate new ideas; ability to identify, formulate and solve problems; appreciate and respect diversity and multiculturalism; ability to act on the basis of ethical considerations (motives); ability to act socially responsibly and consciously; ability to develop and manage projects; ability to motivate people and move towards a common goal (general competencies); c) the ability to identify, analyze and interpret the information series of the realtor profession, identify problems and suggest ways to solve them; the ability to demonstrate an understanding of the patterns and features of human functioning in the context of the transaction in the context of professional tasks; ability to offer creative ways to solve professional problems, to make professionally correct decisions and to implement them (special competencies).
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Oladokun, Sunday Olarinre, and Job Taiwo Gbadegesin. "Adequacy of core knowledge and soft skills in the performance of professional employees of real estate firms in Nigeria." Property Management 35, no. 2 (April 18, 2017): 132–49. http://dx.doi.org/10.1108/pm-02-2016-0008.
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Purpose Real estate professionals are a vital resource to the property firms and the industry at large. Employees’ skills, knowledge and competence contribute in great measure to organization’s business performance. The purpose of this paper is to examine the adequacy of core knowledge and soft skills possessed by professional employees within the Nigerian real estate practicing firms. It also assesses the performance of the employees and establishes the correlation among the soft skills possessed by employees. Design/methodology/approach Data for this study were elicited through the administration of questionnaires on principal partners/branch managers (the employers) of the practicing estate surveying and valuation firms in Lagos metropolis. Data collected were analyzed using descriptive statistics, one-sample t-test and correlation analysis. Findings The result indicates that employees of estate firms in Nigeria demonstrate adequate knowledge in ten out of 21 core areas of real estate practice, while real estate agency has the highest mean, and inadequate knowledge in six others with least mean score in environmental impact assessment. The study also revealed that employees possess good listening and communication skills but are deficient in courteousness and writing skill, among others. It was also found that real estate employees were performing the best in inspection functions but below average in report writing and handling of transaction. The study also established a significant relationship among all the soft skills except communication skill and courteousness. Research limitations/implications Further study that looks at the performance of real estate graduates working in other sectors/organizations other than estate companies is required to establish their competence level in global employment market. Further study is also needed to cover the views of the employees in Nigerian market as this study focuses on the views of the employers. Originality/value This study provides an important feedback for the policy makers in the design/review of curriculum for real estate education towards enhancing employability of the graduates. This study also serves as the research blueprint in giving attention to assessment of soft skills among real estate employees in Nigerian real estate industry.
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Raslanas, Saulius. "PECULIARITIES OF PUBLIC REGULATION OF REAL ESTATE AGENT'S ACTIVITIES." Technological and Economic Development of Economy 11, no. 3 (September 30, 2005): 206–11. http://dx.doi.org/10.3846/13928619.2005.9637700.
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Recently a demand for professional real estate agents has increased in the market. The present paper includes a research into the real estate related activity of the USA and Lithuania carried out in accordance with the chosen criteria. According to real estate agency service quality research in the USA the most important factor is agents professionalism. This thesis places a major emphasis on the activity and structure of real estate agents, law on licence issue as well as advantages and disadvantages; it also presents proposals on improvement and development of real estate agents activity. Real estate licencing is necessary in order to raise the level of professionalism and qualification of real estate agents in Lithuania, to adjust relationship between property owners and middlemen, as well as to increase the level of confidence among real estate agents.
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Agboola, Alirat Olayinka, Oluwasola Rebecca Jasper, and Amamata Larai Zakari. "Is the real estate profession under threat? Assessing the effect of the involvement of non-professionals in Nigeria real estate agency service provision." Property Management 39, no. 4 (March 16, 2021): 509–26. http://dx.doi.org/10.1108/pm-02-2020-0013.
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PurposeThis paper examines the effects of non-professionals' involvements in real estate service provision on real estate agency practice in Ibadan Nigeria, in order to provide information that could enhance real estate agency practice in the country.Design/methodology/approachData were gathered through questionnaire administration on a total sample of 232 respondents comprising 82 estate surveyors and valuers, 100 non-professional estate agents and 25 real estate agency service consumers each from the respective clients of the two groups. A respondent-driven sampling (RDS) technique was adopted for data collection and was particularly useful in accessing non-professionals with characteristically less identifiable organizational structure. Data were analysed using mean scores on a Likert type scale while Spearman rank correlation was used to compare and establish if significant differences exist between the perceptions of clients of professionals and non-professionals on the services provided.FindingsThis study revealed that while the involvement of non-professionals in real estate agency practice deprives professionals of opportunities for legitimate earnings and is attributed to incidences of fraudulent transactions in the market, non-professionals often also serve as facilitators of transactions for the professionals. Hence, there seems to be a symbiotic relationship between the two groups and also a tacit validation of the involvement of the former by the latter.Originality/valueThis work contributes to and extends the body of knowledge on non-professionals' involvement in real estate professional practice by providing insights into the effects of activities of individuals who are not members of the real estate profession on real estate agency professional practice, particularly in the context of an emergent and less transparent market.
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Źróbek-Różańska, Alina. "Compensation in Residential Real Estate Purchasers’ Decisions." Real Estate Management and Valuation 24, no. 4 (December 1, 2016): 70–78. http://dx.doi.org/10.1515/remav-2016-0031.
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Abstract Predicting demand on the residential real estate market and the behavior of the purchasers requires a wide knowledge of both the economic mechanisms and psychology of decision-making. Decisions on the real estate market are often made by people without professional skills, and using simplified strategies. However, the decision-making process, on top of its heuristic nature, is dynamic and changing. As a result, a discrepancy in the preferred characteristics of planned and actually bought real estate can be observed. Such a discrepancy can be explained with the occurrence of the compensation process. The aim of this article was to recognize and describe the compensation process on the example of the suburban residential real estate market. The aim was achieved by analyzing the preferences of potential buyers in terms of particular characteristics of the location of suburban plots destined for single-family housing (respondents divided into age groups: 25 and 26-40), analyzing the real settlement trend in the suburban zone (the result of actual transactions) and comparing the results, including compensation.
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Poon, Joanna. "Commercial awareness in real estate courses." Property Management 32, no. 1 (February 11, 2014): 48–66. http://dx.doi.org/10.1108/pm-01-2013-0007.
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Purpose – The purpose of this paper is to evaluate how and to what extent commercial awareness is embedded within the curriculum of the UK Royal Institution of Chartered Surveyors (RICS)-accredited real estate courses. It also discusses the development of commercial awareness taxonomy. Design/methodology/approach – This paper presents the research findings of questionnaire survey and interviews with RICS-accredited real estate course providers in the UK. The questionnaire aimed to gather course directors’ views on the definitions and components of commercial awareness and identify what skills and attributes are required for its development. It also evaluated how commercial awareness has been embedded in the real estate courses. The aim of the interview was to gain deeper insight on how components of commercial awareness are embedded in real estate courses and nine interviews were conducted. The interviews were recorded, transcribed and coded to identify similar themes. The frequency of the answer in the questionnaire and comments from interviewees is presented. Findings – The UK real estate academics agreed the most important definition of commercial awareness as that of a “person's ability on understanding of the economics of business”. They agreed that “strategic” is the most important component for commercial awareness, followed with “financial” and “process”. However, the “financial” component is embedded the most in the curriculum. The most important skill and attribute for commercial awareness development are “ability to define and solve problems” and “ability and willingness to update professional knowledge”, respectively. Commercial awareness was embedded in the overall curriculum and the key element for developing it is through having “practical experience”. Originality/value – This project is the first to conduct an in-depth analysis of commercial awareness in real estate education. It also develops the pioneer commercial awareness taxonomy.
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Lucey, Conor. "Owen Biddle and Philadelphia's Real Estate Market, 1798–1806." Journal of the Society of Architectural Historians 75, no. 1 (March 1, 2016): 25–47. http://dx.doi.org/10.1525/jsah.2016.75.1.25.
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The Philadelphia architect and master builder Owen Biddle (1774–1806) contributed to the making of some of the early Republic's most important buildings and is best known as the author of one of the first American-authored architectural books. During the course of his relatively brief career, Biddle's achievements in architecture and theory were profoundly shaped by Philadelphia's distinctive, Quaker-influenced economic and artistic culture. Focusing on two hitherto unknown row houses built by Biddle between 1798 and 1801, Conor Lucey reveals for the first time the business and property interests of this important if enigmatic figure. Viewing Biddle's work against the socioeconomic backdrop of Federal-era Philadelphia, and drawing on previously unexplored archival material, Owen Biddle and Philadelphia's Real Estate Market, 1798–1806 situates Biddle's real estate ventures within the context of the city's early nineteenth-century building world. This study of Biddle's career as builder-developer expands our knowledge of his professional life and our understanding of the formation of his ideas.
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Read, Dustin C., and Andrew Carswell. "Is property management viewed as a value-added service?" Property Management 37, no. 2 (April 15, 2019): 262–74. http://dx.doi.org/10.1108/pm-05-2018-0034.
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PurposeThe purpose of this paper is to examine the perspectives of real estate executives to assess the extent to which property management is viewed as a commodity or as a value-added professional service contributing positively to investment performance and property value maximization.Design/methodology/approachThe qualitative analysis draws on the result of 93 semi-structured interviews conducted with executives employed by some of the largest real estate investment management and service firms across the USA.FindingsThe findings suggest that significant perceptual cleavages exist in the real estate industry, with some executives believing property managers are incredibly important to the value creation process and others believing they play a much more modest role.Practical implicationsThe results highlight the need for the property management industry as whole to continue its efforts to gain recognition as a value-added professional service and for individual property management companies to actively take steps to differentiate themselves from competitors if they hope to avoid commodification and fee compression.Originality/valueThe study is the first to the authors’ knowledge to examine real estate executives’ perspectives about the roles property managers play in the value creation process, as well as their views about whether property managers have the skills and autonomy required to make value accretive decisions.
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Wilkinson, Sara J., and Julie R. Jupp. "Exploring the value of BIM for corporate real estate." Journal of Corporate Real Estate 18, no. 4 (November 14, 2016): 254–69. http://dx.doi.org/10.1108/jcre-11-2015-0040.
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Purpose Building information modelling (BIM) offers rich opportunities for property professionals to use information throughout the property life cycle. However, the benefits of BIM for property professionals are largely untapped. BIM was developed by the architecture, engineering and construction (AEC) sector to assist in managing design and construction data. As these technologies mature and evolve, so does the opportunity for other professional groups to use data within, or linked to, BIM models. This paper aims to explore the potential for corporate real estate managers (CREM) and investment surveyors to use data contained in BIM models and building management systems, which could help these professionals with strategic planning, portfolio rationalisation and acquisitions. Design/methodology/approach This is a scoping study to explore the potential to expand the scope of BIM to other professional activities. As such, the research adopted a Delphi approach with a series of workshops with experienced stakeholders in Australia and England. Qualitative research is inductive and hypothesis-generating. That is, as the researcher assimilates knowledge and information contained in the literature, ideas and questions are formed, which are put to research participants, and, from this process, conclusions are drawn. Findings It is technologically feasible for some property professionals, such as CREM, to use some data contained within BIM, and linked building management systems. The types of data used by property professionals were identified and ranked in importance. Needs are varied, both in the range of data and the points in the property life cycle when they are required. The benefits identified include potentially accessing and using more reliable and accurate data in professional tasks; however, challenges exist around the fidelity of the data and assurances that it is current. Research limitations/implications The key limitations of the research were that the views expressed are those of a select group of experienced practitioners and may not represent the consensus view of the professions and industry as a whole. The limitations and criticisms of focus group data collection are that individuals holding strong views may dominate the sessions. Practical implications The findings show that expanding access to BIM could enable some property professionals, including CREM, to utilise relevant data that could improve the quality and accuracy of their professional services. A simple initial system could be trialled to ascertain the value of the data. Over time, the availability of data could be extended to allow more professionals access. Furthermore, there is potential to link BIM to other digitised property data in the future. Originality/value To date, no one has considered the practicality or potential utility of expanding the access to data contained in 3D BIM models to property professionals, nor has anyone considered which data would be useful to them. The value of using BIM data is that, as more property stock is delivered and maintained via BIM-enabled processes, it will be possible for a wider range of professionals such as CREM and investment surveyors to offer more accurate advice and services to clients.
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Tarasova, O. N., and P. I. Bobrovsky. "Peculiarities of the reflection of the cost in the accounts of the developer in the construction of health care facilities." Buhuchet v zdravoohranenii (Accounting in Healthcare), no. 8 (August 4, 2021): 22–31. http://dx.doi.org/10.33920/med-17-2108-03.
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The modern tendencies of the real estate market and also the basic aspects of formation and reflection of the cost price of real estate objects sold in the field of medicine and health care on the accounts of bookkeeping are considered in the present work. The author raises the question of the accounting of the expenses accumulated when carrying out investment activity in construction and considers the order of their distribution on finished objects of real estate. The author also emphasizes the importance of the recognition of the cost of sales of the development company in the correct period and, guided by professional judgment, offers typical accounting entries for the reflection of the cost of production in the accounting.
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Wadley, David, Jung Hoon Han, and Peter Elliott. "Regarding high voltage overhead transmission lines (HVOTLs)." Property Management 37, no. 2 (April 15, 2019): 178–96. http://dx.doi.org/10.1108/pm-04-2018-0024.
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Purpose Professionals’ market knowledge and business experience can facilitate transactions of residential property potentially impacted by stigmatised installations, such as large-scale public infrastructure. The purpose of this paper is to explore perceptions and assessments among homeowners, valuers (appraisers) and real estate agents (realtors) regarding infrastructure in general and high voltage overhead transmission lines (HVOTLs) in particular. Design/methodology/approach Informed by a literature review, separate surveys in Queensland, Australia, analyse via non-parametric and parametric means informational and perceptual variables concerning HVOTLs among 600 homeowners, 90 valuers and 90 real estate agents. Findings The findings reveal statistically significant differences in risk and valuation perceptions of homeowners, valuers and real estate agents relating to the placement of major linear forms of infrastructure. Research limitations/implications This study adds to a now-solid body of literature pertaining to property effects of HVOTLs. It extends the analysis among classes of real estate professionals and provides new comparisons for further analysis and commentary. Practical implications The results speak to property professionals, land use planning and electricity authorities. Prior research can be triangulated with that obtained here from valuers and real estate agents who act as informants, gatekeepers and confidants in the market place. Various hypotheses address specific points of professional practice. Social implications This study shows that property professionals’ disposition to HVOTLs and other large-scale infrastructure is likely to be a good deal more measured than that of homeowners, so that valuers and real estate agents might exercise a mediating influence in placement and installations decisions. Originality/value This research raises understanding of differences in market knowledge and perception of essential infrastructure among clients and property agents. As a point of difference, it concentrates on examining empirically what texts refer to as “information asymmetry” in residential real estate markets.
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Lee, Stephen, and Giacomo Morri. "Real estate fund active management." Journal of Property Investment & Finance 33, no. 6 (September 7, 2015): 494–516. http://dx.doi.org/10.1108/jpif-06-2014-0043.
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Purpose – The purpose of this paper is to analyse the performance of UK property funds using the dual sources of active management, Active Share and tracking error, to distinguish between the types of active management styles used by funds. Design/methodology/approach – The authors use data on 38 UK real estate funds and classify them into five active management categories using the dual sources of active management, Active Share and tracking error. Then, the authors compare their return performance against Active Share, tracking error, fund size and leverage. Therefore the paper is able to answer two of the fundamental questions of investment: does active management add value and what form of active management, stock selection or factor risk, is better at adding value to the fund? Findings – There are three main conclusions. First, the approach of Cremers and Petajisto (2009) and Petajisto (2010) is able to classify real estate funds in the UK on their management activity into categories that makes intuitive sense and seem stable over time. Second, balanced funds show relatively low Active Shares and particularly low tracking errors, due to the benefits of property-type diversification. In contrast, specialists funds display higher Active Shares and both low and high tracking errors depending on their stock-picking approach; diversified or concentrated. Third, an analysis over different time periods confirmed that funds in the sample essentially remained in the same categories within the sample period, even during markedly different market return periods. This implies that investors need to constantly monitor changes in the market and switch between fund management styles, if at all possible. Research limitations/implications – The analysis was only based on 38 funds with complete data over the sample period and the relationship between fees and active management was not examined, even though ultimately investors are concerned with returns after management fee. It would be instructive therefore if the number of funds and time period was expanded to see if the results are robust and to see whether management fees outweigh the benefits of active manager. Practical implications – The findings should enable investors to make a more informed investment decisions in the future. Originality/value – To the best of the author’s knowledge this is the first paper to apply the dual sources of active management, Active Share and tracking error, in the UK real estate market.
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Frech, Marie-Lena, David D. Loschelder, and Malte Friese. "How and Why Different Forms of Expertise Moderate Anchor Precision in Price Decisions." Experimental Psychology 66, no. 2 (March 2019): 165–75. http://dx.doi.org/10.1027/1618-3169/a000441.
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Abstract. Increasing price precision leads to linearly stronger anchoring effects for amateurs, but highly precise anchors can backfire for experts. Previous research focused on experts bargaining about an object within their expertise domain (e.g., real-estate agents negotiated about a house listed at €978,781.63). This leaves unknown whether too much precision backfires for experts because of their (a) general negotiation expertise, (b) domain-specific pricing knowledge, or (c) the combination of general expertise and price-knowledge. Our pre-registered report seeks to replicate the too-much-precision effect and to experimentally separate general negotiation expertise from domain-specific price-knowledge. Seasoned experts (real-estate agents) negotiate about an object either within (house) or outside (motor yacht) their domain of expertise. We measure experts’ willingness to pay (WTP), counteroffer, self-ascribed versus other-ascribed competence, and their self-ascribed versus other-ascribed price-knowledge. Based on responses of 400 professional real-estate agents, we replicate the advantageous anchor precision effect and illustrate that too much precision backfires regardless of whether agents negotiate within (house) or outside (yacht) their domain of expertise. Mediation analysis suggests that, consistent with previous research, the impact of precise anchors is due to the competence attributed to the negotiation opponent. Our results offer insights into the psychological mechanisms and theoretical understanding of anchor precision.
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Kauko, Tom. "Innovation in urban real estate: the role of sustainability." Property Management 37, no. 2 (April 15, 2019): 197–214. http://dx.doi.org/10.1108/pm-10-2017-0056.
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PurposeThe sustainability agenda has already become widely recognised in real estate analysis. However, two challenges are to overcome before sustainability issues are brought fully into the professional and academic mainstream: first, the provision of sustainability enhancing qualities; and second, to overcome deep-rooted scepticism towards the higher cost element of such qualities (i.e. creating economies of scale). Another potentially related issue is that the notion of innovation is gaining popularity in this field. Innovation-driven change is cyclical and unpredictable, which in turn calls for an explicit evolutionary and complexity perspective. The paper aims to discuss these issues.Design/methodology/approachCritical literature review. The author’s own experience as participant of the discussions and debates is also used.FindingsThe conclusions suggest that, in line with evolutionary and complexity principles, innovations exist and emerge within the real estate industry itself, and in fields related to it – and this includes various aspects of promoting sustainability thinking.Research limitations/implicationsThis contribution uses valuation automata as an example of this argumentation.Practical implicationsThe concept of complexity refers to emerging qualities found in the evolution of the development of an industry; the practical implication of complexity concerns the capability of managers to react competently in unfamiliar circumstances.Social implicationsThus, innovation in real estate is both economic and socio-cultural.Originality/valueNo similar (i.e. theoretically informed) papers on innovation or sustainability in real estate analysis have been written to the best of the author’s knowledge.
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Battisti, Enrico, Fabio Creta, and Nicola Miglietta. "Equity crowdfunding and regulation: implications for the real estate sector in Italy." Journal of Financial Regulation and Compliance 28, no. 3 (January 10, 2020): 353–68. http://dx.doi.org/10.1108/jfrc-08-2018-0109.
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Purpose This paper gathers initial evidence about the nature and features of the equity crowdfunding model in Italy, especially in terms of regulations. The purpose of this study is to examine how equity crowdfunding might support the real estate sector in Italy. Design/methodology/approach To explore the recent initiatives in the development of FinTech in Italy, especially referring to equity crowdfunding’s instrument, a qualitative perspective is used. In particular, this paper relies on primary data from regulations and secondary data from the public domain, which are examined in relation to the current literature. Findings The results of this study show that equity crowdfunding represents a funding method that is rapidly increasing in Italy, despite rather rigid regulation. Among the various sectors involved, the real estate sector could benefit from the crowdfunding models and, specifically, from the equity one. The development of new real estate equity crowdfunding portals that allow diversification of investment (by reducing the typical entry barriers for real estate investment) could guarantee greater investment transparency and simplicity. Practical implications Real estate crowdfunding can be a simple way to invest in the real estate industry. Thanks to the use of technology, specifically internet-based platforms, this type of crowdfunding allows for small investors, as well as professional investors, to access an asset class otherwise not open to small investment tickets and improve the diversification of investments. Originality/value Although recent literature has examined the concept of crowdfunding and highlighted different models, aspects and campaigns, no prior studies, to the authors’ knowledge, have explicitly and jointly investigated, also based on the state of art of regulation, the equity crowdfunding model and the real estate sector in Italy.
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Ayodele, Timothy Oluwafemi, Benjamin Gbolahan Ekemode, Sunday Oladokun, and Kahilu Kajimo-Shakantu. "The nexus between demographic correlates, career and organizational commitment: the case of real estate employees in Nigeria." Journal of Facilities Management 18, no. 5 (September 28, 2020): 521–45. http://dx.doi.org/10.1108/jfm-07-2020-0047.
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Purpose This study aims to investigate the influence of socioeconomic characteristics as well as organisational profile as predictors of the organisational and career commitments of real estate employees in the employment of private estate surveying and valuation firms. Design/methodology/approach A total of 333 closed-ended questionnaires were administered on estate surveyors and valuers practicing in private real estate firms in Lagos State, Nigeria, out of which 124 (37.2%) were retrieved and found suitable for analysis. The data were analysed using frequencies, percentage, mean rating, one sample t-test and ANOVA. Findings The findings showed that though the male real estate employees rated a higher level of organisational commitment than their female counterparts, the female employees showed a higher level of career commitment. Besides, the results showed that across both genders and on an overall basis, there was a significant relationship between career commitment and organisational commitment. Also, while demographic factors such as age, management level and professional qualification have a statistically significant relationship with career commitment, factors relating to marital status, academic qualification, management level and firms’ year of the establishment were statistically significant with employees’ organisational commitment. Practical implications The study deepens the understanding of the influence of demographic and firms’ correlates in explaining the performance of real estate employees in Nigeria, an emerging African market, where issues of absenteeism, poor remuneration and low retention appear prevalent. Originality/value To the best of the authors’ knowledge, this is the first attempt at examining the influence of demographic variables on the organisational and career commitment of real estate employees in Nigeria.
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Cajias, Marcelo, Philipp Freudenreich, Anna Freudenreich, and Wolfgang Schäfers. "Liquidity and prices: a cluster analysis of the German residential real estate market." Journal of Business Economics 90, no. 7 (August 2020): 1021–56. http://dx.doi.org/10.1007/s11573-020-00990-2.
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Abstract This paper analyses the highly under-researched German residential real estate market. Quality- and spatial-adjusted price and liquidity indices are calculated separately for the investment and rental market on a regional basis. Applying the “Partitioning Around Medoids (PAM)” clustering algorithm, the regions are clustered with respect to their price and liquidity development after the average silhouette method is applied to find the optimal number of clusters. The dataset underlying this analysis comprises more than 4.5 million observations in 380 German regions from 2013 Q1 to 2018 Q4. The clusters are then analysed by means of further economic and socioeconomic data in order to identify similarities. Furthermore, the clusters are interpreted from a geographic perspective. We find that the allocation to cluster 1 is always supported by higher growth rates in the variables, population, working population and real GDP, implying higher demand for space. Moreover, in each of the analysed categories cluster 1 reveals a lower unemployment rate as well as a higher disposable income. One of the most interesting implications is, that apparently a large part of the German population has developed into professional real estate investors. In Germany the largest share of landlords is the one of the so-called non-professional landlords. As the regions assigned to cluster 1, displaying the most significant price increase, seem to be chosen based on a very sophisticated market analysis by identifying the regions with the strongest fundamental data, it seems like the dominating market players have significantly increased their knowledge and approach for investing in residential real estate.
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Wilkowska-Kołakowska, Dorota. "Instytucja współdziałania w administracji w aspekcie rozwiązań prawnych dotyczących opiniowania operatów szacunkowych." Opolskie Studia Administracyjno-Prawne 16, no. 1 (4) (September 16, 2019): 181–94. http://dx.doi.org/10.25167/osap.1170.
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Administrative decisions and other acts issued in the field of real estate management, e.g. in the case of expropriation of real estate or updating of fees for perpetual usufruct, require from the administrative authority that conducts the proceedings to assess the evidence prepared by expert property appraisers. The basic reason for cooperation in public administration is the necessity to provide substantial support in resolving cases requiring specialist knowledge or specific information. The aim of the article is to demonstrate that the legal regulation of the obligation to consult a professional body in the event of any doubts concerning substantive assessment of an appraisal report, will contribute to providing a more precise explanation of actual facts and resolving the case, in accordance with the rule of law and taking into account public interest and legitimate interests of parties.
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Oertel, Cay, Jonas Willwersch, and Marcelo Cajias. "Do cross-border investors benchmark commercial real estate markets?" Journal of European Real Estate Research 13, no. 1 (February 3, 2020): 83–103. http://dx.doi.org/10.1108/jerer-10-2019-0032.
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Purpose The purpose of this study is to introduce a new perspective on determinants of cross-border investments in commercial real estate, namely, the relative attractiveness of a target market. So far, the literature has analyzed only absolute measures of investment attractiveness as determinants of cross-border investment flows. Design/methodology/approach The empirical study uses a classic ordinary least squares estimation for a European panel data set containing 28 cities in 18 countries, with quarterly observations from Q1/2008 to Q3/2018. After controlling for empirically proven explanatory covariates, the model is extended by the new relative measurement based on relative yields/cap rates and relative risk premia. Additionally, the study applies a generalized additive mixed model (GAMM) to investigate a potentially nonlinear relationship. Findings The study finds on average a ceteris paribus, statistically significant lagged influence of the proxy for relative attractiveness. Nonetheless, a differentiation is needed; relative risk premia are statistically significant, whereas relative yields are not. Moreover, the GAMM confirms a nonlinear relationship for relative risk premia and cross-border transaction volumes. Practical implications The results are of interest for both academia and market participants as a means of explaining cross-border capital flows. The existing knowledge on determinants is expanded by relative market attractiveness, as well as an awareness of nonlinear relationships. Both insights help to comprehend the underlying transaction dynamics in commercial real estate markets. Originality/value Whereas the existing body of literature focuses on absolute attractiveness to explain cross-border transaction activity, this study introduces relative attractiveness as an explanatory variable.
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Pandey, Richa, and V. Mary Jessica. "Sub-optimal behavioural biases and decision theory in real estate." International Journal of Housing Markets and Analysis 12, no. 2 (April 1, 2019): 330–48. http://dx.doi.org/10.1108/ijhma-10-2018-0075.
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Purpose The purpose of this study is to explain the relationship between behavioural biases, investment satisfaction and reinvestment intention considering the effect of evolutionary psychology. The study believes that biases are not at all times bad; sometimes, biases can assist the individual investor to select the top course of action and allow them to go for the less costly mistakes, thereby helping in achieving satisficing behaviour. Design/methodology/approach Data were collected using structured and a close-ended questionnaire from a sample of 560 respondents by using multi-stage stratified sampling method. PLS-SEM was used for preliminary validation of the questionnaire. Mediation model using the structural equation model (SEM) with the help of AMOS 20 was used for the analyses. Pre-requisite assumptions for SEM were checked by using sample characteristics. The study has three constructs with multiple items; hence, the instrument validation was done by measuring the construct validity and reliability using Cronbach’s alpha, exploratory factor analysis and confirmatory factor analysis with the help of SPSS 20 and AMOS 20. Findings The study confirms that behavioural biases influence investment decisions in the real estate market. Further, investment satisfaction is found to have a significant and complementary partial mediating effect. The positive mediating effect of investment satisfaction between behavioural biases and reinvestment intention shows that biases are natural tendencies in response to limit to learning which can be explained by evolutionary psychology. Research limitations/implications There are chances that the result obtained here is because of myopic decision-making behaviour in which the long-time horizon is not considered and behavioural biases, as well as evolutionary psychology, are adaptive, so the result may change in the long-time horizon, which seeks further investigations. The study talked about the relationship between behavioural biases, investment satisfaction and reinvestment intention; it will be interesting to bring some more constructs in this model, for example, investment intention and reinvestment behaviour; this can deliver a more precise picture in this regard. Practical implications Understanding such relationships will help in better clarity about the way investment is made. The study confirms that market behaviour in the real estate market is sub-optimal, which shows that there is an opportunity for attentive investors by trading and gathering on information. Real estate practitioners can get clues from market anomalies and investor phenomena; understanding these may suggest ways to use them in the market. Social implications Reforms in the housing sector do not only satisfy one of the basic needs but also leads to holistic economic development. Besides direct contribution, it contributes to social capital. Originality/value The study extends the current knowledge base about the relationship between behavioural biases, investment satisfaction and reinvestment intention. This study investigates the behavioural biases influencing the real estate market investment decisions of non-professional investors considering the effect of evolutionary psychology.
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Poon, Joanna, and Michael Brownlow. "Students’ views on the incorporation of commercial awareness in real estate education." Property Management 32, no. 4 (August 12, 2014): 326–51. http://dx.doi.org/10.1108/pm-07-2013-0040.
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Purpose – The purpose of this paper is to review how real estate students perceive and define commercial awareness, which is one of the most important employability skills. This paper also examines students’ perceptions about how their courses support and develop their commercial awareness. In addition, it compares students’ and academics’ views on commercial awareness and identifies whether there are any gaps. Design/methodology/approach – This paper presents the research findings of a questionnaire survey and e-mail discussions with students who are currently studying Royal Institution of Chartered Surveyors (RICS)-accredited real estate courses in the UK. The questionnaire aimed to gather students’ views on the definitions and components of commercial awareness and identify what skills and attributes are required for its development. It also evaluates how commercial awareness has been embedded in the real estate courses. The aim of each discussion was to gain deeper insight on how components of commercial awareness are embedded in real estate courses, and 17 discussions were conducted. The contents of the e-mail discussions were analysed and similar themes were identified and coded. The frequency of the answer in the questionnaire and comments from interviewees is presented. The findings from students’ views have been compared to published research reporting UK RICS-accredited real estate course providers’ views on commercial awareness. In addition to descriptive statistics, Fisher's exact test was used to identify the statistical significance between the academics’ and students’ views on commercial awareness. Findings – The UK real estate students agreed that the most important definition of commercial awareness is a “person's ability to understand the economics of business”. They agreed that “financial” component is the most important component of commercial awareness and it is the largest portion of their courses. The most important skill and attribute for commercial awareness development are “critical thinking” and “ability and willingness to update professional knowledge”, respectively. Although the descriptive analysis shows students and academics have different views on the definition and components of commercial awareness and its incorporation within real estate courses, the Fisher exact test shows that only a few elements are different enough to be statistically significant. This analysis shows that while students and academics have slightly different views on commercial awareness they are not very different. Commercial awareness is an important employability skill, thus, it is still necessary for real estate academics to re-visit the curriculum and to ensure learning outcomes related to commercial awareness have been clearly explained and communicated to students. Furthermore, it is vital for students to obtain practical experience in order to fully develop their commercial awareness. Originality/value – This paper is a pioneer study focused on reviewing real estate students’ views on commercial awareness, including identifying its definition, components and evaluating the extent to which commercial awareness has been embedded in their courses. It also identifies the skills and attributes that students thought were required for the development of commercial awareness. Furthermore, it discusses students’ preferred ways of enhancing their commercial awareness as part of the course they are studying. It is the first study identifying the statistical difference between students’ and academics’ views on commercial awareness. The understanding of students’ views on commercial awareness, their preferred delivery method and the divergence between students’ and academics’ views on commercial awareness can provide useful insights for course directors on the development and renewal of real estate course curriculum.
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Thanh Le, Tu, and Georgia Warren-Myers. "An examination of sustainability reporting in valuation practice." Property Management 37, no. 1 (February 18, 2019): 136–53. http://dx.doi.org/10.1108/pm-02-2018-0016.
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PurposeThe importance of sustainability in the property industry is well recognised, and many studies have proved the existence of sustainability premiums in real estate markets. Valuers play the most pivotal role in reflecting the market, however despite the efforts of both academic and professional bodies to improve valuer knowledge and perceptions of sustainability there remains significant limitation of consideration of sustainability in valuation within the profession. The purpose of this paper is to investigate valuation practice through examining institutional grade commercial valuers’ approaches and consideration of sustainability in valuation.Design/methodology/approachThis research used a case study approach and interviewed institutional grade commercial valuers in Melbourne, Australia, exploring their consideration of sustainability in their valuation reports for commercial properties. A semi-structured interview technique was utilised with responses using qualitative content analysis that investigated the processes used, knowledge and incorporation of sustainability in valuation practice.FindingsThe study has found substantial limitations in the incorporation of sustainability in property valuation in Melbourne’s real estate market, comprising valuers’ limited knowledge, reluctance to consider sustainability in the valuation process, poor verification or investigation of sustainability considerations, client instructions did not direct valuers to consider sustainability, lack of data and limited tools for detailed analysis.Research limitations/implicationsAlthough a small sample, the data redundancy found in this research suggests a level of consensus on certain aspects of practice within the sector in Melbourne. This corroborates similar findings from a large-scale study of valuers and property professionals in Europe and the UK (Michlet al.2016).Practical implicationsThere is urgent need for more education and direction in the consideration and incorporation of sustainability in valuation for valuers. Enhancing the enforcement of guidelines from professional bodies is also crucial in order to deepen the analysis of sustainability in property valuation.Originality/valueThe research has provided an in-depth perspective of valuation practice in the commercial sector, that identifies and expands on the barriers in regard to limited incorporation of sustainability in property valuation reports, physical reporting, comparative analysis and depth of discussion. Further, it highlights the limited consideration of guidance notes in regard to sustainability from professional bodies.
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Гумар Назира Ануарбек and Айзада Сейсенбаева. "ОБ ЭФФЕКТИВНОСТИ СИСТЕМЫ КРЕДИТОВАНИЯ ПРЕДПРИНИМАТЕЛЬСТВА." International Journal of Innovative Technologies in Economy 1, no. 5(17) (June 1, 2018): 40–47. http://dx.doi.org/10.31435/rsglobal_ijite/01062018/5658.
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The credit activity of banks plays an important role in deciding the issue of financial support for entrepreneurship. It is important to correctly assess the range of risks associated with the financing of projects, the activities of enterprises, the quality and quantity of ensuring the return of the resources involved.Kazakh banks, providing small and medium-sized businesses with a range of services related to the financing of projects and economic activities, prefer the following forms of security: pledge of inventory, real estate, funds in accounts, securities, guarantees. In the EU, the most common pledge of real estate, funds in the accounts of the entrepreneur as a private person.The science of credit, as well as any other economic processes, can not claim completeness without knowledge of the laws that operate in this field. Economic laws, including credit laws, have two fundamental characteristics: necessity and materiality, which is the basis of the law. Knowledge of the law can come only if the need is already found.
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Baffour Awuah, Kwasi Gyau, Frank Gyamfi-Yeboah, David Proverbs, and Jessica Elizabeth Lamond. "Sources and reliability of property market information for property valuation practice in Ghana." Property Management 35, no. 4 (August 21, 2017): 448–66. http://dx.doi.org/10.1108/pm-05-2016-0019.
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Purpose Adequate reliable property market data are critical to the production of professional and ethical valuations as well as better real estate transaction decision-making. However, the availability of reliable property market information represents a major barrier to improving valuation practices in Ghana and it is regarded as a key challenge. The purpose of this paper is to investigate the sources and reliability of property market information for valuation practice in Ghana. The aim is to provide input into initiatives to address the availability of reliable property market data challenges. Design/methodology/approach A mixed methods research approach is used. The study, thus, relies on a combination of a systematic identification and review of literature, a stakeholder workshop and a questionnaire survey of real estate valuers in Accra, Ghana’s capital city to obtain requisite data to address the aim. Findings The study identifies seven property market data sources used by valuers to obtain market data for valuation practice. These are: valuers own database; public institutions; professional colleagues; property owners; estate developers; estate agents; and the media. However, access to property market information for valuations is a challenge although valuers would like to use reliable market data for their valuations. This is due to incomplete and scattered nature of data often borne out of administrative lapses; non-disclosure of details of property transactions due to confidentiality arrangements and the quest to evade taxes; data integrity concerns; and lack of requisite training and experience especially for estate agents to collect and manage market data. Although professional colleagues is the most used market data source, valuers own databases, was regarded as the most reliable source compared to the media, which was considered as the least reliable source. Research limitations/implications Findings from the study imply a need for the development of a systematic approach to property market data collection and management. This will require practitioners to demonstrate care, consciousness and a set of data collection skills suggesting a need for valuers and estate agents to undergo regular relevant training to develop and enhance their knowledge, skills and capabilities. The establishment of a property market databank to help in the provision of reliable market data along with a suitable market data collection template to ensure effective and efficient data collection are considered essential steps. Originality/value The study makes a significant contribution to the extant knowledge by providing empirical evidence on the frequency of use and the reliability of the various sources of market data. It also provides useful insights for regulators such as the Ghana Institution of Surveyors (GhIS), the Royal Institution of Chartered Surveyors (RICS) and other stakeholders such as the Commonwealth Association of Surveying and Land Economy (CASLE) and the Government to improve the provision of reliable property market information towards developing valuation practice not only in Ghana, but across the Sub-Saharan Africa Region. Also, based on these findings, the study proposes a new property market data collection template and guidelines towards improving the collection of effective property market data. Upon refinement, these could aid valuation practitioners to collect reliable property market data to improve valuation practice.
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Shovkovy, Vyacheslav. "DEVELOPING PEDAGOGICAL COMPETENCE IN PROSPECTIVE TEACHERS OF UKRAINIAN LITERATURE: PROJECT METHODOLOGY." АRS LINGUODIDACTICAE, no. 3 (2019): 4–13. http://dx.doi.org/10.17721/2663-0303.2019.3.01.
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The professional activity of a high school teacher of Ukrainian Literature requires a wide range of knowledge, skills and personal qualities including flexibility, creativity, getting adjusted to learning conditions, the ability to select an appropriate teaching methodology or assessment technique as well as the skills of compiling syllabi, educational materials, textbooks, etc. All these skills and qualities are components of pedagogical competence which is the key to professional training of prospective teachers of Ukrainian Literature. Developing the above-mentioned competence requires specific training so that it fully reflects real conditions of teaching activity. Therefore, to develop pedagogical competence, the author suggests making use of project methodology with the focus on simulating real professional activities of a teacher.
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Barreca, Alice, Rocco Curto, and Diana Rolando. "Urban Vibrancy: An Emerging Factor that Spatially Influences the Real Estate Market." Sustainability 12, no. 1 (January 1, 2020): 346. http://dx.doi.org/10.3390/su12010346.
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Urban vibrancy is defined and measured differently in the literature. Originally, it was described as the number of people in and around streets or neighborhoods. Now, it is commonly associated with activity intensity, the diversity of land-use configurations, and the accessibility of a place. The aim of this paper is to study urban vibrancy, its relationship with neighborhood services, and the real estate market. Firstly, it is used a set of neighborhood service variables, and a Principal Component Analysis is performed in order to create a Neighborhood Services Index (NeSI) that is able to identify the most and least vibrant urban areas of a city. Secondly, the influence of urban vibrancy on the listing prices of existing housing is analyzed by performing spatial analyses. To achieve this, the presence of spatial autocorrelation is investigated and spatial clusters are identified. Therefore, spatial autoregressive models are applied to manage spatial effects and to identify the variables that significantly influence the process of housing price determination. The results confirm that housing prices are spatially autocorrelated and highlight that housing prices and NeSI are statistically associated with each other. The identification of the urban areas characterized by different levels of vibrancy and housing prices can effectively support the revision of the urban development plan and its regulatory act, as well as strategic urban policies and actions. Such data analyses support a deep knowledge of the current status quo, which is necessary to drive important changes to develop more efficient, sustainable, and competitive cities.
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Poon, Joanna, and Michael Brownlow. "Competency expectations for property professionals in Australia." Journal of Property Investment & Finance 32, no. 3 (April 1, 2014): 256–81. http://dx.doi.org/10.1108/jpif-12-2013-0068.
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Purpose – The aim of this paper is to identify the competency expectations for property professionals in Australia. It further discusses differences in competency expectations between property professionals who have different professional backgrounds, such as valuers or non-valuers, and property professionals who work in different sectors or different-sized companies and who have differing amounts of experience. The competencies identified in this paper include knowledge areas, skills and attributes. Design/methodology/approach – This paper presents the research findings of a questionnaire survey sent to Australian Property Institute members, which aimed to gather Australian property professionals' views on the knowledge, skills and attributes required to perform their roles effectively. The percentage of the respondents who provided different choices of given answers for each of the 31 knowledge areas, 20 skills and 21 attributes was identified and discussed. The professional backgrounds of the respondents were also identified to see whether these impact on competency expectations for property professionals. Content analysis was used to analyse written comments collected in the questionnaire. Findings – The most important categories of knowledge, skill and attribute for Australian property professionals are valuation, effective written communication and practical experience, respectively. The least important are international real estate, second language and creativity. Knowledge of rural valuation is very important in Australia, although this has not been mentioned in previous studies. Professional backgrounds have a large influence on Australian property professionals' views on knowledge requirements, but less so on skills and attributes. Practical implications – The findings of this paper can be used as guidance for property professionals in their professional development plan. In addition, property course providers can use the research findings of this paper to inform their curriculum development and redesign. Originality/value – This project is the first to identify the comprehensive competency expectations of property professionals as a whole in Australia. At the same time, it identifies differences in the competency expectations of property professionals who have different professional backgrounds. Similar types of study have been conducted in the UK, the USA, Hong Kong and New Zealand but not yet in Australia. An understanding of the knowledge, skills and attributes required for property professionals is important for continuing professional development, curriculum development and the redesign of relevant property courses in order to maintain performance and competitiveness in the property sector.
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Ivanytskyi, Oleksandr. "ENABLING FUTURE TEACHERS OF PHYSICS TO APPLY INVARIANTS OF EDUCATIONAL AND COGNITIVE ACTIVITIES." Scientific journal of Khortytsia National Academy No. 1 (2019), no. 1 (2019): 95–103. http://dx.doi.org/10.51706/2707-3076-2019-1-11.
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The article examines the concept of invariant which is presented as an indicative framework for teachers and students and describes a sequence of actions which reflect teacher's understanding of future activities. The author identifies a generalized invariant of students’ educational activity methods which corresponds to each element of knowledge: a) activity on knowledge creation; b) recognition of situations that correspond to knowledge; c) reproduction of situations that correspond to knowledge. The article also considers the hierarchy of invariant specialization levels in terms of teacher and students' work in the context of teaching physics notions. To aquire the skill to use educational invariants in their professional activity, future teachers of physics are supposed to do specially selected tasks which enable them to vary the acquired skills and abilities for a more profound learning. To achieve this, students should be provided with guidelines which help them unify educational process and create real situations that reflect their own learning activities. These guidelines are descriptions of invariants to train physics teachers and students. In addition, authorial system of future physics teachers' activities is invariant according to the criteria for evaluation and self-assessment of authorial system components work. Future teachers of physics' skill to use invariants of educational activities was acquired due to the fact that their professional training was based on the context approach which implements a dynamic model of students' educational activity: from their own educational activities (in the form of lectures) through quasi- professional (role and business games) and educational-professional (research work of students, pedagogical practice) to the professional activity of the teacher of physics.
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Kumysheva, Rimma. "The model of students’ cognitive activity in the context of interaction with the world." SHS Web of Conferences 70 (2019): 08023. http://dx.doi.org/10.1051/shsconf/20197008023.
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A model of students’ cognitive activity in the context of interaction with the world is presented. The model is based on cognitive and humanistic personality theories. The relevance of the model is confirmed by the need to increase personal activity in society in order to manage problem situations in it. The model includes levels of learning tasks, professional activity imitations and solving real problems, which allows consistent professional and personal development of students. The advantages of this model are the continuous students’ interaction with the world, which increases their social and practical activity, as well as the value of education in a changing world. The model will be able to form the students’ ability to correlate their knowledge and practical experience with problems in reality.
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Dean, Suzanne, Claire Williams, Samantha Donnelly, and Tracy Levett-Jones. "Designing a Women’s Refuge: An Interdisciplinary Health, Architecture and Landscape Collaboration." International Journal of Higher Education 6, no. 6 (December 10, 2017): 139. http://dx.doi.org/10.5430/ijhe.v6n6p139.
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University programs are currently faced with a number of challenges: how to engage students as active learners, how to ensure graduates are ‘work ready’ with broad and relevant professional skills, and how to support students to see their potential as agents of social change and contributors to social good. This paper presents the findings from a study that explored the impact of an authentic, interdisciplinary project with health, architecture and landscape students. This project facilitated students’ entrée into the lived experience of women and children requiring refuge services as a result of homelessness and/or domestic violence. Students collaborated with stakeholders from the refuge sector, visiting sites, undertaking individual research, exchanging ideas and problem-solving, to develop a design guide for a women’s refuge. Focus groups were conducted at the conclusion of the activity to gauge students’ perceptions of the value of the activity. Results indicated that the ‘hands-on’ and collaborative nature of the learning experience in a real-world context was valued, primarily due to its direct relevance to professional practice. Architecture and landscape participants reported an increase in their understanding and knowledge of refuge clients, and many expressed a commitment to further learning and contribution to the sector. Nursing students felt that the authentic learning experience helped prepare them for the ‘real world’ of practice and that it aided development of their professional identities and capacity to effect real-world change. The learning activity had a positive impact on knowledge acquisition and students’ confidence to act as agents of social change.
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Ismailova, Shamsia. "Use Of Game Technologies In The Process Of Professional Training." American Journal of Social Science and Education Innovations 03, no. 01 (January 31, 2021): 595–99. http://dx.doi.org/10.37547/tajssei/volume03issue01-103.
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In this article possibilities of application of game technologies in professional training of students are opened, types of the games generally connected with future professional activity of today's students are designated and characterized; the factors promoting the effective organization of occupations with use of research, problem games and games of administrative character are defined. In article the technique of preparation and carrying out games is stated, requirements to observance of stages of game occupations are noted. The special attention is paid to need of communication of the scenario of game with the content of studied scientific disciplines and with real life situations. By the author value of application of game technologies for development of cognitive activity of students, increase of interest to a profession, strengthening of communication of theoretical knowledge and practical skills is emphasized.
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Kdyrbaeva, A. A., E. V. Ryabova, and A. O. Abdykadyrov. "PEDAGOGICAL PRACTICE AS AN EFFECTIVE MEANS OF PROFESSIONAL TRAINING OF PRIMARY SCHOOL TEACHERS." BULLETIN Series of Pedagogical Sciences 66, no. 2 (August 6, 2020): 198–204. http://dx.doi.org/10.51889/2020-2.1728-5496.34.
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This article analyzes the problem of organizing the practice of students-future teachers of primary education in the University, describes the pedagogical conditions for the success and effectiveness of its implementation. The purpose of the article is to identify and justify the relationship between the student's creative activity and continuous practice during the entire period of study at the University. It is shown that pedagogical practice has a special role in preparing future primary school teachers for professional work, since practice generates a desire to discover new things, arouses interest in the studied, and forms students ' complete ideas about pedagogical activity, about the real ways of its knowledge and development.
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Das, Tiken, and Diganta Das. "COVID- 19 and Economic Loss of First Phase of (21- Day) Lockdown in India." Space and Culture, India 8, no. 1 (June 28, 2020): 21–26. http://dx.doi.org/10.20896/saci.v8i1.844.
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To curb Covid-19 spread, Prime Minister Narendra Modi has announced a 21-day nationwide lockdown on 23 March 2020. The present study makes an attempt to estimate the state-wise and economic activity-wise economic loss of 21- day lockdown in India. The data on Net State Value Added (NSVA) by economic activity was collected for five years from the Reserve Bank of India. It was found that the percentage of the daily loss of Net State Value Added (NSVA) was considerably higher for the states of Chandigarh, Delhi and Karnataka. The manufacturing sector was expected to be the highest loser, followed by real estate, ownership of dwelling and professional services. In absolute terms, the loss was prominent in Maharashtra, Tamil Nadu and Karnataka. It is worth mentioning here that what could be the magnitude of the impact of a complete social and economic shutdown may not be easy to estimate, but it is likely to be far more severe.
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Yakovleva, E. V., A. V. Denisenko, E. F. Shaleeva, S. I. Artemyeva, N. P. Rodinova, V. M. Ostroukhov, and M. S. Kalney. "Development Of Creativity As The Basis Of Innovative Activity Of A University Teacher." Cuestiones Políticas 37, no. 64 (May 5, 2020): 196–209. http://dx.doi.org/10.46398/cuestpol.3764.14.
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There is an active search for policies and methods to improve the quality of education in the vocational studies system, with all that it represents. Pedagogical work is a special type of highly skilled mental work that has a creative character and is characterized by a high degree of tension. The work of a teacher is a conscious and appropriate activity for the training, education and development of students and of society as a whole. The objective of the research is to discuss the development of creativity based on the innovative activity of teachers. It is concluded that the teacher has a main role as an agent in the formation of professional knowledge among students. The real problems of psychology and pedagogy in the modern education system are the definition of the professional requirements for the personality of a modern teacher and the psycho-diagnosis of the level of his professional qualities. However, these questions take on a political meaning because they concern the human development of a society and must therefore also be politically debated.
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Yashanov, Serhii, and Sergii Dzus. "DEVELOPMENT OF DIDACTIC PRINCIPLES IN THE SYSTEM OF INFORMATIVE TRAINING TECHNOLOGY TEACHER AT USE TECHNOLOGIES OF COMPUTER MODELING." Educational Discourse: collection of scientific papers, no. 11(3) (April 30, 2019): 41–53. http://dx.doi.org/10.33930/ed.2019.5007.11(3)-4.
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The characteristic features of computer modelling technology in the process of informatics training of future technology teachers are realized due to the approach of the educational process to the real conditions of future professional activity. The systematic implementation of the didactic principles of teaching informatics disciplines creates an effective environment for gaining knowledge and forming informatical competences of students, ensuring the creative nature of informatical training aimed at developing technological thinking, a meaningful manifestation of the professionaloriented position and development of the personal professional potential of future teachers of technology.
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E. Roulac, Stephen. "Commercial mortgages – money is available if you are willing to pay the price." Journal of Property Investment & Finance 32, no. 6 (August 26, 2014): 589–609. http://dx.doi.org/10.1108/jpif-06-2014-0042.
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Purpose – The questions of loan availability and pricing were considered from the perspectives of financial economic theory and practice as well as a survey of lenders capable of financing a one-year bridge loan to determine the market's willingness to make such a loan and what rate of interest would be charged. Utilizing the sources above, in conjunction with professional knowledge and industry contacts, 101 lenders were selected as representative of the universe of lenders who had the capacity to make directly or otherwise to arrange, a $192 million bridge loan. The survey of lenders involved interviews with 67 of the 86 selected lenders from 59 firms. The paper aims to discuss these issues. Design/methodology/approach – Loan availability and pricing were considered from perspectives of financial economic theory and practice plus a survey to determine market's willingness to make a loan at what price. Utilizing professional knowledge and industry contacts, 101 lenders were selected as representative of those which had the capacity to make a $192 million bridge loan. When lenders were evaluated against criteria of size, product type, geographic territory, and willingness/capability to provide nonstandard loans, list selected for telephone interviews was narrowed, then subsequently expanded with referrals that led to identification of new potential lenders to be contacted. Findings – Nine lenders offered conceptualized deal structures to provide the required financing. Though the price may be expensive, especially relative to what borrowers may wish to pay, financing is available. Developers’ and deal-makers’ protestations that “it's impossible,” should be discounted and rejected. Because the subject property is characterized by high-risk, it is logical conclusion that the lenders expressing a desire to provide the bridge loan would expect to earn a high return, meaning that the interest rate would approach, if not exceed, 20 percent. Research limitations/implications – Because the nature of the research required that the specific identities of the building and the parties were not revealed, some lenders might decline to consider this financing opportunity. And, real world negotiation of financing terms could result in higher rates than quoted and/or disinclination of lenders to proceed. Because of very specialized circumstances surrounding this proprietary research, conducted subject to nondisclosure agreement, publication had to be deferred until those constraints no longer applied. Though the data are more than a decade old, this consideration does not compromise the relevance, validity, or generalizability of the findings. Practical implications – Markets can accommodate transactions that might be perceived as improbable. Investors which approach opportunities with creativity and open mind, can make deals that would not be possible, were strict, rigid, unbending eligible deal preference parameters to be employed. Strategists establishing policies for real estate enterprises should insist on progressive, expansive thinking in turning the scope of their potential venture involvements. Real estate education and training should address more attention to financial economic theory, strategic initiative, and creative deal making, which priority topics are too seldom prioritized, with the consequence that too many in real estate think narrowly rather than expansively. Social implications – This research substantiates a fundamental theory of financial economics and refutes conventional applied wisdom. Seldom do researchers and investors have the opportunity to “get inside” the lending decision process for a large scale commercial property, especially one characterized by daunting circumstances and considerable complexity, such as studied here. A unique real world date set – not normally accessible to property scholars – enables study of the proposition that every commodity has a price, no matter how severe or difficult the circumstances, in a manner fully congruent with the new AACSB Business School Deans policy emphasis on relevance in addition to rigor. Originality/value – As commercial mortgages much less studied than residential mortgages, this paper is significant addition to undeveloped segment of literature. As the majority of mortgage finance research, estimated to be in the range of 90 percent, has been limited to single family residential financing, the study of commercial mortgage financing is relatively under-researched. Further, the studies of commercial mortgage finance tend to be illustrative case studies with stylized facts rather than explorations of empiricism-based investigations. As most researchers engaged in exploring real estate topics limit themselves to public information, research that provides access to real world private transactions is especially important.
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Kushnir, Valentyna. "STRUCTURE OF MANAGERIAL COMPETENCE OF FUTURE MASTERS OF PRESCHOOL EDUCATION." Psychological and Pedagogical Problems of Modern School, no. 1(5) (May 27, 2021): 169–75. http://dx.doi.org/10.31499/2706-6258.1(5).2021.235984.
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The quality of preschool education is directly dependent on the professional level of teachers. Educational programs of the master’s level of higher education, in the specialty 012 preschool education, provide an opportunity to acquire professional competencies of preschool education specialists, including managerial ones.The managerial competence of the future master of preschool education is considered as a complex integral personal-professional characteristic, which is manifested in knowledge, aspiration, readiness and ability to professionally perform organizational and managerial functions in ZDO, effectively solve complex professional problems.The main components of managerial competence are the following: cognitive (complex of managerial knowledge and understanding of the essence of administrative activity in the field of vocational education), motivational and value (set of values and motives of administrative activity), communicative (set of professional-personal qualities and communicative skills) and organizational-activity management skills and skills of practical solution of complex management tasks).Considering the system of indicators as an ideal model of the studied personal and professional characteristics of the future master of preschool education, with which the real phenomenon is compared and the degree of conformity of the sample is established. The main function of the allocation of indicators of the formation of managerial competence ‒ is to assess the degree of realization of the goal and diagnosis of deviations of the properties of the object from the accepted sample.The articles define the structure and variable characteristics of the indicators of the formation of managerial competence of the future kindergarten specialist.
Keywords: managerial competence of the future master of preschool education, cognitive, motivational and value, communicative, organizational-activity components of managerial competence, master of preschool education.
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Melnychenko, Oleksandr. "Application of artificial intelligence in control systems of economic activity." Virtual Economics 2, no. 3 (July 7, 2019): 30–40. http://dx.doi.org/10.34021/ve.2019.02.03(3).
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The implementation of the tasks of evaluating historical financial information, the control or audit of business activities are based primarily on professional judgments about the object of study of a professional accountant or auditor. Their findings are drawn on the review of documents, the use of audit evidence, risk assessment, etc. There is always a probability (and rather high) that professional judgment will be based on incomplete information (since the dynamics of information changes is extremely high today), on the misstatements (since it is impossible to trace all the changes in knowledge related to the object of study), regardless of the quality of the performance of these individuals. In addition, the auditor often takes subjective decisions (for example, when choosing individual elements for the assessment from the general population), which also affects the degree of objectivity of his assessments. Artificial intelligence is the tool that could handle the entire set of knowledge, track all changes in the significant and important information, as well as in the insignificant and unimportant (which, however, also has an effect on the object of analysis). It does not have a work schedule or other restrictions on the time of work, so the comparison and analysis of information can be carried out around the clock, and the speed of data processing is determined by the processing power of the information systems, on which it operates, and is stably high. In this case, the artificial intelligence is ready to perform the tasks non-stop in real time till receiving the command of the termination of the process. This article proposes a methodology for the artificial intelligence use in the control systems of economic activity, reflects the artificial intelligence concept in the control systems of economic activity, indicates the goals, principles, tasks and its functions when checking an object.
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Butyrin, A. Yu, O. V. Zhukova, and E. B. Stativa. "Typical Forensic Situations Arising When Considering Land Disputes." Theory and Practice of Forensic Science 14, no. 4 (January 8, 2020): 19–31. http://dx.doi.org/10.30764/1819-2785-2019-14-4-19-31.
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The article presents a detailed examination of typical forensic situations requiring various specialized knowledge for their resolution, primarily in the field of land management. The first of them stems from land disputes over the location, configuration and area of land, as well as real estate related to it. The article presents a list of issues to be resolved by a forensic land surveyor who should have specialized knowledge in the fields of land management, cadastre and registration of real estate as well as from related fields. The second situation is due to the conflicts related to the right of shared ownership on land, dwellings and household constructions located at the premises. Forensic research of this type is presented in stages. It is noted that in this situation both specialized land management and engineering knowledge is applied, which allows to define the type and kind of buildings located on the land in question, the degree of their physical wear and tear, the size of premises as well as other technical characteristics which collectively enable an expert to say whether it is possible to actually split the disputed house and grounds, to consider its options and present them graphically. The third forensic situation is aimed at reviewing the question of whether the building under study is an obstacle to the use of the land (unauthorized construction). A judge’s and expert’s purview in resolving such issues is defined. Particular attention is paid to field observations including search, detection, fixation and evaluation of the characteristics of the construction site located on the land plot. The fourth situation involves disputes over the cadastral value of land plots engaging both a forensic expert and an appraiser. It is shown that although both determine the value of the disputed property their activity differs significantly.
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Doroshenko, E. G., L. M. Ivkina, L. B. Khegay, and T. A. Yakovleva. "Online Course of the Lecturer PersonalizedTraining for Network Educational Activity." Open Education 24, no. 6 (December 28, 2020): 4–13. http://dx.doi.org/10.21686/1818-4243-2020-6-4-13.
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Recently, the industry of creating online lecturer courses became very popular. However, despite their significant number, the satisfaction of the trainees of these courses is not very high. The value of online education for practicing lecturers should be associated with personalized knowledge relevant to their professional activities and the possibility of gaining work experience in a modern open educational environment. The ability to professionally carry out distributed-collective activities in teaching children in the context of mass communication and globalization of education are becoming an important component of a teacher’s digital literacy. The experience of implementing the “Mega-class” project in the context of educational clusters, organized by the Academic Department of Informatics and Information Technologies of Krasnoyarsk State Pedagogical University, made it possible to identify significant deficiencies in the lecturer’s professional training for such activities and the need for recursive professional development directly in the process of organizing Mega-lessons. At the same time, the different level of lecturers’ readiness for the network educational activities and a significant range of professional aspirations should be noted.The purpose of this study is to create and substantiate a personalized model of the online lecturer training course for the network educational activities in a digital environment using the example of the Megaclass platform.The idea of creating personalized online courses is associated with the transformation of educational content into a problem-question format for structuring course modules (inverted course). Such a restructuring of educational content makes it possible to change the learning strategy: from the paradigm of “accumulating knowledge for solving problems” to the paradigm of “solving problems by mastering the necessary knowledge”.As a result of the analysis of the types of activities and possible deficits of all participants in the educational cluster in the design and conducting mega-lessons, a model of a personalized online course for preparing lecturers for the network educational activities was proposed. On its basis, the online course “Technology for developing and conducting a Mega-lesson” was developed, consisting of modules that answer the questions: what is a Mega-lesson, how to design an effectively-target model, how to form soft-skills, how to select content, how to design an organizational and activity model of the lesson, how to select the content of the lesson, how to organize the interaction of participants, develop or search for digital resources and services, etc. Training is organized in the process of real professional activity in the design and conducting of Mega-lessons in the educational cluster conditions. The course is hosted on the platform “Electronic University Krasnoyarsk State Pedagogical University named after V.P. Astafiev”, it was tested in training school teachers in the process of preparing Mega-lessons, students of Krasnoyarsk State Pedagogical University named after V.P. Astafiev within the discipline “Methods of teaching computer science”.Conclusion. The proposed method of personalizing an online course allows you to improve its consumer qualities, significantly raise the level of student satisfaction by switching to a learning strategy “from my professional deficits to the necessary knowledge” and the possibility of choosing an individual training route. The materials of the article may be of interest to developers of online courses, as well as lecturers who want to acquire the necessary knowledge and experience in educational clusters, in particular, on the Mega-class platform.
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Bilhorodska, O. Ye, and Yu R. Kravchuk. "PROFESSIONAL COMPETENCY AS A COMPONENT OF ARCHITECTURE-STUDENTS TRAINING." Problems of theory and history of architecture of Ukraine, no. 20 (May 12, 2020): 332–39. http://dx.doi.org/10.31650/2519-4208-2020-20-332-339.
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The article reveals the meaning of “competency”. The author proves that purpose of higher education is to acquire a high level of academic and creative artistic, professional and general competencies required for activities in a specific occupation or a field of knowledge. In Ukrainian education the term “competency” is used within the meaning suggested by European countries. DeSeCo programme (Definition and Selection of Competencies: Theoretical and Conceptual Foundations) launched in 1997 within the Federal Statistics Department (Switzerland) and the National Centre for Education Statistics (USA and Canada) defines “competency” as an ability to successfully meet one’s individual and social needs, to act and to perform tasks. Competency is based on knowledge and skills, but is not limited to those. It always includes one’s personal attitude to the above, and one’s experience enabling to “entwine” such knowledge with what the person already knows, and ability to guess a real-life situation, in which he/she will be able to apply such knowledge. In other words, each competency is built on a combination of cognitive attitudes and practical skills, knowledge and abilities, values, emotions, behavioural components, i.e. everything one can summon up for an active action. The author elucidates the essence and content of the competency-based approach to development of professional competencies in architecture students and analyzes professional competency as a component of training of architects-to-be. Acquisition of professional competencies by architecture students must rely on existing key competencies of school leavers. They must be fluent in the national language and have foreign language communication skills, must have information and communication competency and mathematical competency, teamwork skills, self-learning skills throughout their lives, etc. However, a student’s personal qualities also play a key role here, such as creative talent, developed spatial thinking, responsibility, organizational skills, teamwork skills, originality, ingenuity, creativity, realistic approach, sense of harmony, taste and style, observation skills, good memory, sociability and punctuality. Architectural training in Ukraine lasts for 6 years. One can divide training of architects-to-be into the following stages: I. Initial: introducing students to their future occupation. Realization of their potential in architecture will depend on their perceptions developed at this stage. This stage may help a person to understand his/her place in occupation or to become disillusioned with the chosen field. Time-wise this stage covers the first and second years of study. II. Evolvement: development of the feeling of professionalism. This is facilitated by studying occupation-oriented coursesand understanding the content of the future professional activity. Time-wise this stage covers the third and fourth years of study. III. Final: architecture students begin to realize specific features of their future occupation. They do not only have acertain scope of knowledge, but are able to acquire their own subjective experience in architectural activity. Time-wise this stage covers the fifth and sixth years of study and includes preparation of a graduation thesis. The article reveals that at all stages of training Architectural Design is a key major course, where students learn methods for comprehensive solution of an architectural problem in view of contemporary stylistic trends and design standards, study features of design of buildings with varying three-dimensional spatial structure, learn typological features of residential and public buildings. The article offers a partial analysis of international and domestic experience in architectural training using the process of architectural practical training as an example. When performing practice-oriented design projects, students develop skills for professional solution of architectural and artistic, functional planning, design and technology problems and gradually create their own creative methodof architectural design. During their initial years of study students hone skills in variable methods of sketching, techniques for three-dimensional, structural, image-bearing, colouristic modelling of architectural composition, which greatly enriches their creative experience in design. Organization of learning activity implies that students find their own ways to solve the problem based on familiarization with known methods of occupational activity. In senior years of study problematic nature of Architectural Design contributes to professional growth of students, creative design encourages use of parti diagrams, creative techniques and innovative methods of search for solutions. It stimulates creative activity of students and develops their self-reliance,which is greatly contributed by creation of learning situations close to real-life architectural activity. The article offers a partial analysis of international and domestic experience in architectural training using the process of architectural practical training as an example. The author gives examples of students’ architectural practical training in Ukraine, Germany, Poland, USA, Sweden and France.
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Baharum, Zarita Ahmad, Ting Kien Hwa, and Sharuzaman Mohd Salleh. "Competency Framework for the Property Management Industry." Environment-Behaviour Proceedings Journal 1, no. 4 (August 7, 2016): 3. http://dx.doi.org/10.21834/e-bpj.v1i4.114.
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Property management is a very complex and challenging profession due to its nature and coverage of work in managing not just the four walls but what inside and outside the four walls. In addition, the task also requires monitoring of 24/7 and 365 days. The team of property management consists of various backgrounds to ensure that it can cater the needs and requirements of each building. Thus, to deliver quality services would require a minimum competency according to their scope and area of work. This research is aim to develop the property management competency framework that is applicable in the Malaysian property management service delivery. The method used is using focus group consists of the experts in the industry either private organizations or public institutions; nationally and internationally. Findings reveal that the knowledge base and technical skills required of today's property management professional have changed significantly. The competency requirements for a professional property manager include advanced technical knowledge, a good grasp of business operations and a working knowledge of the real estate business environment. The ability to integrate different business concepts, apply sustainability principles, to be cost effective and a strong ethical foundation is an essential element of a successful professional property manager. Hence, it is crucial to have the minimum competency level as a basis to deliver excellent quality service as well as to be adapted and adaptable to the environment, the stakeholders and the buildings.© 2016. The Authors. Published for AMER ABRA by e-International Publishing House, Ltd., UK. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).Peer–review under responsibility of AMER (Association of Malaysian Environment-Behaviour Researchers), ABRA (Association of Behavioural Researchers on Asians) and cE-Bs (Centre for Environment-Behaviour Studies), Faculty of Architecture, Planning & Surveying, Universiti Teknologi MARA, Malaysia.Keywords: Property management, competency framework, property management industry
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Peyrefitte, Magali, and Gillian Lazar. "Student-centered Pedagogy and Real-world Research: Using Documents as Sources of Data in Teaching Social Science Skills and Methods." Teaching Sociology 46, no. 1 (September 14, 2017): 62–74. http://dx.doi.org/10.1177/0092055x17727835.
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This teaching note describes the design and implementation of an activity in a 90-minute teaching session that was developed to introduce a diverse cohort of first-year criminology and sociology students to the use of documents as sources of data. This approach was contextualized in real-world research through scaffolded, student-centered tasks focused on archival material and contemporary estate agents’ brochures so as to investigate changes in the suburbs that surround a university in north London. To contribute to the growing discussion on pedagogic dialogical spaces in teaching research methods, we provide empirical evidence of students’ greater engagement via group work and the opportunity to draw on experiential knowledge in analyzing sources. Beyond stimulating students’ engagement with research skills and methods, the data also show the value of our approach in helping students develop their analytical skills, particularly through a process of comparison and contrast.
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Brednyova, V. P. "WAYS OF FORMING PROFESSIONAL GRAPHIC COMPETENCE OF FUTURE ARCHITECTS." Regional problems of architecture and urban planning, no. 14 (December 29, 2020): 167–72. http://dx.doi.org/10.31650/2707-403x-2020-14-167-172.
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In the article actuality of research of questions of reformation is certain in the system of higher education, including from the point of view of improvement of modern principles of teaching of graphic disciplines creation of that assists forming of professional graphic competence students of architectural specialties. The forward process of improvement of educational activity produces new requirements to educating, in particular to his quality constituent, in this connection there is a necessity of development of mechanisms of the permanent monitoring of progress. The European model of education on the nearest future plugs in itself one of directions beginning such type of educating, that is characterized the considerable volume of independent work and active bringing in of students of creative specialties to the real projects, already from the first course, that it is impossible without steady skills individual graphic competence. In the last few years the circle of tasks that can be decided by graphic methods broadened, from meaningfulness of graphic disciplines that mortgage bases of the spatial thinking is accordingly enhance able therefore. The aim of our study is to analyze and summarize the results of experiments on the effect of quality of graphic competence of students which contributes to the effectiveness of their professional development. Long-term practice of teaching and exchange of experience in the methodology of graphic disciplines has shown that the formation of professional competence is impossible without a thorough study of the foundations of graphic literacy, whose essence lies in the study of the discipline Descriptive Geometry. Graphic education is a process, which leads to student’s gaining knowledge and skills of work with graphical information. The development of the ability to correctly perceive, create, store and transmit different graphical information about objects, processes and phenomena is the task of graphic training of professional education. Professional knowledge is objective necessary knowledge and abilities that is highly sought by future practical activity.
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Khmel, Violetta. "DEVELOPMENT OF THE PROFESSIONAL COMPETENCE OF SPECIALISTS IN THE CONTEXT OF PROVIDING QUALITY TRAINING FOR THE REAL ECONOMY." ŠVIETIMAS: POLITIKA, VADYBA, KOKYBĖ / EDUCATION POLICY, MANAGEMENT AND QUALITY 2, no. 3 (December 5, 2010): 29–38. http://dx.doi.org/10.48127/spvk-epmq/10.2.29b.
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The Republic of Belarus in series implements an elaborate model of socially oriented market economy. The analysis of the educational level of the Belarusian population revealed that the high rate of state development is provided by specialists with specialized secondary education. The analysis of teaching situation in specialized secondary schools in respect to accountants’ training allowed to discover contradictions in the formulated aims and planned results of vocational education. Although the Republic of Belarus has not joined the Bologna process yet, it does not reject the key approaches of European education used to ensure the organizational and pedagogical conditions of the teaching process. The competency-based approach to choosing of the contents of teaching is not only widely researched, but is being introduced into the educational standards of different specialties. But the system of competences of a graduate proving its competence remains sometimes ill-conceived. The system analysis of concepts of the competency-based approach in Pedagogics and Management let us formulate the essence of competences of a specialist working in the real economy. In this research the professional competence is determined as willingness and ability of specialists to implement their knowledge, skills and experience in the real conditions of professional activity. The peculiarities of forming of professional competence are reflected by the example of accountants’ training. In the context outlined above professional competence of an accountant can be defined as an integrative personality characteristic of a specialist formed on the basis of and in the process of learning theory as well as getting expertise in economics, finance and accounting, acquiring professional skills and experience. It reflects the readiness of a specialist to solve professional problems in the dynamics of their development. The analysis of the peculiarities of accountants’ work that are important in terms of innovative development of economy and the synthesis of theoretical approaches to the concept of professional competence allowed us to substantiate and formulate the methodology of determining the professional component of specialists’ competence. The essence of the methodology lies in the fact that during the development of the model of professional component of a specialist’s competence consisting of a system of competences, the following conditions should be taken into account: • Competencies pertaining to knowledge and skills which pass down from generation to generation, the ability to use them in professional activities as well as professional consciousness. These competences are generalized and systematized in the educational standard of the specialty; • Competencies that define the essence of the process and the results of professional activities described by Human Resource Management and dependant on the current state and development of the society. The proposed algorithm was tested among the students of the specialty 2-25 01 35 Accounting, analysis and control at the level of specialized secondary education in the Republic of Belarus. Key words: professional competence, specialized secondary education, professional activities, competency-based approach.
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Kulida, Oksana. "Professional Reflection as Constituent of Personality Self-Development of Future Lawyer." Ukrainian Journal of Educational Studies and Information Technology 5, no. 4 (December 29, 2017): 99–111. http://dx.doi.org/10.32919/uesit.2017.04.09.
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In the article the professional training of a future specialist is analyzed; development, self-development, self-determination and self-reflection are its main tasks. It is proved that reflection plays the synthesizing role and encourages the widening of the personality limits. The reflection essence is personality’s realizing oneself as a potential or a real subject of a particular professional activity. According to the lawyers’ professional training results this activity determines not only proper specifics of the attitude to a profession but one’s personal or social life. It has been justified that professional self-reflection is carried out as the initial professional self-determination of a personality and the series of professional choices. It is noted that the positive attitude to oneself encourages the positive attitude to the future and awareness of one’s abilities in achieving a goal is taking place on the conditions of a positive attitude to future. It has been proved that one of the main components influencing the formation of today’s specialist abilities in achieving success in professional activity and professional self-actualization is the high level of the formed professional self-consciousness. The model of professional self-reflection of a future specialist corresponds to the psychological structure of self-consciousness and it has three subsequent interconnected stages: professional self-knowing, self-attitude and self-regulation, the content of which is determined by peculiarities of professional activity of a specialist and requirements set by a personality to one’s professional knowledge, skills and professionally important qualities. It is emphasized that professional self-reflection specifies the understanding oneself as a subject of a particular professional activity and involves the availability of: the conscious process of forming one’s attitude to the professional-working sphere; self-assessment of one’s individual psychological qualities and comparing one’s abilities with psychological requirements to a profession; the constant search for senses in a professional activity; self-regulation of behavior carried out through correlation of inner-personal and social-professional needs and directed to reaching a set goal.
It has been proved that reflection activity is an important condition of self-development of a personality, an indicator of personal and professional values and senses determining the culture of activity. Reflection activity is considered as one of the ways education modernization and a mechanism of independent development, search, discovery, creation or making a new product, constructing individual experience, experimental check of external impacts, stereotypes, activity patterns, self-development forecasting.
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Masych, Vitalii, and Svitlana Masych. "Propedeutics of Creative Development of the Future Specialist in the Process of Vocational Training." Professional Education: Methodology, Theory and Technologies, no. 8 (December 21, 2018): 96–108. http://dx.doi.org/10.31470/2415-3729-2018-8-96-108.
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The article is devoted to the problem of the organization of propaedeutic work for the creative development of future specialists in the process of vocational training. The authors noted that arming future specialists with knowledge, skills, experience, providing creative development of the individual, will allow them to adapt more quickly to real professional activity, to be able not only to adapt to the existing conditions of this activity, but also to change them. The benefit of this study is authors’ definitition that propaedeutic work with students for the purpose of their creative development involves: the teacher’s preliminary training, which is to increase its motivation regarding the importance of forming the future specialists’ creative competence; the preparation of methodical support; the activation of a conscious, positive attitude of teachers towards the formation of the students’ creative competence; the acquaintance with its content and structure; the development and elaboration of educational and methodological recommendations for implementation of the methodical system for forming creative competence in the process of future specialists’ professional training. Also the authors underlined the fact that, in the process of working with students, there was the emergence of positive benchmarks for future professional activities and the focus on their mastering a system of professional knowledge, skills and abilities; the formation of the motivation for a creative self-development and self-improvement, the awareness of their own creative potential, the clarification of life and professional sense, goals and plans; the formation of ideas about creative competence as an essential characteristic of the future specialist. Moreover, the authors made a conclusion, that the result of propaedeutics was the identification of positive benchmarks for future professional activities and the focus on the future professionals’ development in the system of professional knowledge, skills and abilities; the formation of the motivation for creative self-development and self-improvement, ideas about the creative competence of future professionals as an essential characteristic of professionalism, the awareness of their own creative potential, the clarification of life and professional sense, goals and plans.
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Hannum, Christopher. "Comparing approaches to economic impact analysis of property redevelopment." Journal of Property Investment & Finance 33, no. 4 (July 6, 2015): 362–73. http://dx.doi.org/10.1108/jpif-09-2014-0060.
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Purpose – The purpose of this paper is to demonstrate the value of computable general equilibrium (CGE) modeling for impact analysis of real estate developments and redevelopments. Design/methodology/approach – Uses a model constructed for Colorado to compare estimates of economic impact of a hypothetical mixed-use development from a CGE model with an input-output (IO) model similar to those commonly used in applied economic impact analysis. Findings – Economic impact estimates of construction activity are demonstrated to be lower when using a CGE approach as compared to an IO approach while impact estimates of continuing operations of a property are demonstrated to be more accurate and potentially higher using a CGE approach. Practical implications – A CGE approach as opposed to an IO approach will be particularly useful for practitioners in particular cases where IO models are ill suited to provide meaningful estimates concerning impact of continuing operations. This is especially likely where commercial tenants are unknown or when the development includes a residential component. Social implications – More complete and accurate assessments of economic impact may positively affect views on property development and redevelopment by the public and government. Originality/value – This paper adds to the existing literature concerning economic impact analysis of real estate and is the first paper in the field, to the authors’ knowledge; to compare estimates from the standard IO approach to those derived using more sophisticated modeling techniques.
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Zhukova, Galіna. "CONTEMPORARY NARRATIVES OF THE PHENOMENON OF NON-ACADEMIC EDUCATION." Educational Discourse: collection of scientific papers, no. 10(1-2) (March 20, 2019): 25–34. http://dx.doi.org/10.33930/ed.2019.5007.10(1-2)-3.
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The main task of academic education is the training of specialists, the creation and development of an appropriate professional field of science, the development of theory and practice of teaching. Accordingly, modern trends in philosophy and pedagogy, academic education, as before, remain relevant and in demand, supported by both state and non-state institutions. But ordinary learning can be creative, not torn away from the problems of real life, which is considered as preserving the traditions, trends and changes characteristic of mass education. The desire to reject achievements and new solutions that meet the requirements of the present contribute to stagnation in educational thought. Non-academic education focuses on the multidimensional intuitive elaboration of professional models, which is solved through implementation, orientation in holistic reality, and a progressive combination of knowledge of the profession and professional activity.
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Appel-Meulenbroek, Rianne, Theo van der Voordt, Rik Aussems, Theo Arentze, and Pascale Le Blanc. "Impact of activity-based workplaces on burnout and engagement dimensions." Journal of Corporate Real Estate 22, no. 4 (July 27, 2020): 279–96. http://dx.doi.org/10.1108/jcre-09-2019-0041.
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Purpose This paper aims to explore, which characteristics of activity-based offices are related to the position of workers on the burnout – engagement continuum. Design/methodology/approach Literature review and an online survey amongst knowledge workers in the Netherlands, which provided data of 184 respondents from 14 organisations. The data has been analysed by descriptive statistics, bivariate analyses, factor analyses and path analysis, to test the conceptual model. Findings Five physical work environment constructs were identified of which three showed to have significant relations with employees’ position on one of the three dimensions of the burnout – engagement continuum. Distraction has a direct and indirect (through overload) negative relation with the individual strain (meaning increased exhaustion). Office comfort has indirect positive relations (through recognition and appreciation) with the interpersonal strain (meaning increased involvement). The possibility for teleworking has an indirect positive relation (through control) on the self-evaluation strain (meaning increased efficacy). Practical implications The findings show that in the design and management of a healthy physical work environment, corporate real estate managers and human resource managers should particularly pay attention to lowering distraction, providing comfortable workplaces and considering the option of teleworking to some extent. Originality/value This paper provides new insights into the impact of distinct activity-based workplace characteristics on workers’ position on the burnout – engagement continuum.