Perspectives of Innovations, Economics and Business

PIEB is an peer-reviewed cross-industry research journal. The journal publishes broad spectrum of research papers exploring different domains of innovations, macro- and micro aspects of innovation management, discovering linkages between innovations and business, and economic development.

ISSN  1804-0527


Aims and scope

Perspectives of Innovations, Economics and Business (PIEB) is an international, peer-reviewed research journal.

PIEB is an international cross-industry journal. The journal publishes a broad spectrum of research papers exploring different domains of innovations, macro- and micro aspects of innovation management, discovering linkages between innovations and business, and economic development.   

PIEB has a specific focus on the concept of development issues both within the globe and regions. It covers broad areas of studies e.g.: technology, business, economics, education, science and other, with the purpose to facilitate synergy effects from their interaction and integration that produce value for social practice. We wish to create the environment favorable for communication that produces innovation, opens minds and serves as an exchange of ideas among regions, countries, and cultures.

Given publications should have research character and must be based on principles of scientific and a professional etiquette. The final decision on inclusion of paper will be made by Editorial Board. Editorial Board reserves its right to make technical and scientific editing. In case of not accepting the Board does not provide reviews and comments but the resolution on publication.


OPEN ACCESS. PIEB belongs to those research periodicals that stick to open access model. The journal follows funding model that does not charge readers or their institutions for electronic access. In other words, we provide to readers the free online access to read and download scientific articles. This model provides greater reach of interested readers to the published articles.

IRREGULAR ISSUES. We try to do our job carefully to provide the best possible quality of the published articles. Therefore, we do prefer irregular online issues. Issues per one year could range from the one issue to four or more.  First priority we give is the quality of submissions. 

INTERIM and FINAL publicationsOPERATIONAL MODEL on the INTERNET. In the beginning, all volumes appear first as a list of names of articles and authors. At this stage, the articles can have relevant abstracts and keywords, but not a pdf documents in a final version. In this phase, papers were only selected and are pending for review and other editorial procedures. Articles in pdf are available for download only after final updating - when they already passed the whole editorial process and are agreed with the authors. When this process ends, the link becomes active and pdf available for download.

REVIEW PROCESS. Though we offer the quick review process (2-3 weeks), sometimes it might occur that the evaluation takes longer (2-6 months). First of all, the length of review process depends on the merits of the submitted article.

Important note for authors: Until the volume 13th (issue 2), the journal was being published equally in electronic and hard print formats. Since that volume the main publication format is electronic/online.



Chief Editor

Jan Beseda, Center for Higher Education Studies, Czech Republic

Deputy Chief Editor

Frantisek Bostl, University of Finance and Administration, Prague, Czech Republic

Associate Editors

Irena Jankovic, Financial markets and instruments, risk management. University of Belgrade, Serbia
Valerijs Skribans, Macroeconomics, Economic development. Riga Technical University, Latvia

Assistant Editors

Gaukhar Usmanova, Prague Development Center, Czech Republic

Advisory Council

Radoslava Kraleva, Department of Informatics, Faculty of Mathematics and Natural Sciences, South-West University "Neofit Rilski", Bulgaria
Alena Buchalcevova, University of Economics in Prague
Hazel Gruenewald, ESB Business School, Reutlingen University
Oksana Zamora, Sumy National Agrarian University, Ukraine
Patrik Just, Western Bohemia University, Prague, Czech Republic
Muhammad Ishtiaq Ishaq, Global Institute Lahore, Pakistan
Petr Marek, University of Economics, Prague, Czech Republic
Petr Mihok, Matej Bel University, Slovakia
Eva Kasparova, University of Economics in Prague
Petra Prusova, Managing Director, Millward Brown; Charles University, Czech Republic
Patrick Obeng-Asiedu, Agricultural and Applied Economics Association; University of Connecticut, U.S.A
Devi Dat Tewari, School of Economics and Finance, University of Kwa-Zulu Natal (UKZN); South Africa
Saltanat Tamenova, Turan University, Kazakhstan
Eshref Trushin, Queen Mary University of London, United Kingdom
Milan Žák, College of Economics and Management VŠEM, Prague, Czech Republic
Guide to authors

Sample article template

  • Please read the following guidelines  and use the sample article format for submission of your paper since only articles formatted accordingly may be accepted. This sample template can help you  avoid mistakes in formatting process of your original article. Do not send us articles in other formats (e.g., pdfs). Improper formatted articles will not be considered for screening and review process. We made this basic template to save your time in reading detailed instruction and guidance.

Screening, editorial analysis and peer-review procedures

  • All articles submitted to PIEB undergo screening and followed with a peer-reviewing  process. 
  • The corresponding author should send the formatted article and necessary attachments through the Online Submission form.
  • The author who submits the manuscript for publication accepts the responsibility of notifying all co-authors of the manuscript being submitted. The corresponding author must fill in and sign the Declaration of Contribution (in case there are two authors or more), which should be submitted together with the manuscript. 
  • After initial screening, the titles and abstracts of the articles, which receive a positive evaluation, will be published online. 
  • Every article proceeds double-blind peer-review analysis by editorial and external experts. The submitted paper is reviewed by at least two independent reviewers (outside of the authors' affiliated entity).The PIEB_review_form and contain a clear referees' statements concerning paper's publishing approval or its rejection. Reviewers should evaluate the quality  of an article based both on established criteria and own views of experts. Reviewer  is expected to fill the review form and send to editorial department.

Quality control

  • Papers accepted undergo quality control by Editorial board and peer reviewers. All research articles in these journals undergo peer review process, based on initial editor screening and anonymous expertise of reviewers. Articles previously published, those under consideration by another journal, and those with a pre-existing copyright may not be submitted. Author must ensure that about half of the paper contents or core idea has not been published anywhere else.  In other words authors should prove the considerable adjustment made and value added in their submissions.


  • Articles must be written in English.


  • Concise and informative. Avoid abbreviations.

Author names and affiliations

  • Full names should be provided. Please indicate  affiliations of the author. Indicate  the authors' affiliation addresses below the names. Indicate all affiliations with a lower-case superscript letter immediately after the Author's name and in front of the appropriate address.


  • Ensure that telephone and fax numbers (with country and area code) are provided in addition to the e-mail address and the complete postal address.


  • A concise abstract should briefly state the purpose of the research and the main results. An abstract must be presented in English and separate from the article, so it must be able to stand alone.

Classification codes and keywords

  • Provide at least one standard UDC code and also JEL code  for economics-related article and up to 5 additional keywords.


  • Graphics should be done in MS Word and must be editable.


  • Tables should be numbered consecutively in the text in Arabic numerals and printed on separate sheets. Any manuscript which does not conform to the above instructions may be returned for the necessary revision before publication.


  • The use of footnotes should be kept to a minimum and numbered consecutively throughout the text with superscript Arabic numerals.


  • References to publications should be as follows: “Nelson (1992) noted that...” or “This problem has been studied previously (e.g., Smith et al., 1969)”.
  • The author should make sure that there is a strict one-to-one correspondence between the names and years in the text and those on the list. The list of references should appear at the end of the main text. It should be double spaced and listed in alphabetical order by author's name.
  • Examples of what references has to look like:
    • For monographs
      • Hamilton J., King R., 2006. The Economic Impacts of Financial Liberalization: Evidence from the Capital Markets, North-Holland, Amsterdam.
    • For contributions to collective works
      • Mayer T., Meltzer H., 1999. “Money supply”, in: Friedman B.M., Hahn F.H. (Eds.), Handbook of Monetary Economics”, Vol. 1. North-Holland, Amsterdam, pp. 357-396.
    • For journals
      • Griffiths W., Judge G., 1992. “Testing and estimating location vectors when the error covariance matrix is unknown”, Journal of Econometrics, Vol. 54, pp.121-138.
      • Nordhaus W., 2004, “Retrospective on the 1970s Productivity Slowdown”, NBER Working Paper No W10950, December.
    • For bulletins
      • ECB, 2004., “Labor productivity developments in the euro area: Aggregate trends and sectoral patterns”, ECB Monthly Bulletin, July.

      Submission fee payment

    • Standard submission & service fee established for the 2018 year open-access publications is 95 Euro. 
    • The fee is subject to change considering the publisher occurring costs for sustaining and improving the open-access business model, as well as counting competitive publishing environment demanding to keep the high quality of international publication services. Changes in pricing happen only once per year, usually in the January-February.
    • The fee is due to pay only after accepting the paper by Editorial Boards and positive expertise review.
    • It is obligation and responsibility of an author to check the fee conditions to avoid the fee policy discussions after acceptance the article. Authors are responsible to read and accept fee (95 euro) payment obligations of the targeted journal. The website has clear information about publication fees and payment terms. When paper accepted and published the author is obliged to fulfill his/ her fee payment obligations in the shortest time after the invoice issued.
    • The fee provides compensation of a range services related with expertise, scientific and technical editing, online printing, electronic storing and web-managing. All papers are printed online (with corresponding online ISSN).
    • The major  version of PIEB publication is online (electronic) with eISSN 1804-0527 
    • The fee is not a subject to guarantee the sending printed copy via standard air mail.  

    Payments options

    • You will receive an invoice with several payment methods you can choose after letter of acceptance.


    • Payments  must be done only after final letter of acceptance of a paper to publication.

    Electronic submission

Publication ethics

General standards of PRADEC Publishing

The Perspectives of Innovations, Economics and Business (PIEB) is established by Prague Development Center (publisher) as academic communication platform founded on important ethical standards in science publishing. Publisher and editorial board follow principles to avoid bad practices related to ghostwriting, plagiarism, and predatory publishing practices. The publisher and editors commit to practices which create and support the trust on every  phase of editorial and communication process embracing authors, editors and peer-reviewers.
To increase transparency we call authors to write correct affiliations and addresses and show the source of funding of their research when it is required by funding institutions. To agree the authorship and avoid the conflicts we ask for declaration of contribution from the corresponding author. To avoid extensive self-citation practice we ask authors to use correct and relevant referencing to own research works published earlier.  
Ethical conduct in both writing and editing is necessary in order to provide the readers with accurate, useful and reliable scientific material, as well as to appropriately honor the credits of particular researchers and authors. Therefore, compliance with the following standards of publication ethics is required of all contributors of the PIEB, including authors, reviewers and editors. Violation of any of these standards by an author is a basis for rejection of his or her paper submitted for publication.


In publishing only original research, the editors are committed to deterring plagiarism, including self-plagiarism. Editors can use special software to screen submitted manuscripts for similarity to published material. Note that your manuscript may be screened during the whole editorial cycle, including submission process and until the final publication in online or print form. Authors should not engage in plagiarism - verbatim or near-verbatim copying, or very close paraphrasing, of text or results from another’s work. Authors should not engage in self-plagiarism (also known as duplicate publication) - unacceptably close replication of the author’s own previously published text or results without acknowledgement of the source.

Conflict of interests disclosure

Conflict of interest concerning a particular manuscript exists when one of the participants of reviewing or publication process - an author, reviewer, or editor - has obligations that can influence his or her action. Conflicts can occur for financial (e.g., employment, consultancies, stock ownership, honoraria, etc.) or other reasons (e.g., personal relationship, academic competition, and intellectual passion). All participants in the peer-review and publication process must disclose all conflicts of interests. Editorial staff may use information disclosed in conflict-of-interest and financial-interest statements as a basis for editorial decisions. The corresponding author must advise the editor at the time of submission either that there is no conflict of interest to declare, or should disclose potential conflicts of interest that will be acknowledged in the published article.
It is improper for an author to submit manuscripts describing essentially the same research to more than one journal of primary publication, unless it is a resubmission of a manuscript rejected for or withdrawn from publication. 


All persons designed as “authors” should meet the criteria of the concept. The corresponding author must fill in and sign the PIEB_declaration_of_contribution-author (in case there are two authors or more), which should be submitted together with the manuscript. Each author should have participated sufficiently in the work to take responsibility for its content. The group of authors/contributors should jointly make the decision about the order in which their names are given. Authorship credit should be based on the following principles as: 1) substantial contribution to conception and design, acquisition of data, or analysis and interpretation of data; 2) drafting the article or reviewing and introducing fundamental changes in it; 3) final approval of the version to be published. Editors of the journal have the right to request information about the contributions of each person in writing the article. 
An author should cite those publications that have been important in the development of the submitted study and that will guide the reader to the earlier researchers that are essential for understanding the present analysis. 
An author is obligated to perform a literature search to find, and then cite, the original publications that describe closely related work. An author should provide the accurate citation the verified sources of scientific data and literature. 

Coauthor notification

During manuscript submission, the submitting author must provide contact information (full name, email address, institutional affiliation and mailing address) for all of the coauthors. The author who submits the manuscript for publication accepts the responsibility of notifying all coauthors that the manuscript is being submitted. Corresponding author must fill in and sign the declaration of contribution (in case there are two authors or more) which should be submitted together with manuscript. The co-authors of a paper should be all those persons who have made significant scientific contributions to the work reported and who share responsibility and accountability for the results. Authors should appropriately recognize the contributions of technical staff and data professionals.

Acknowledgments and funding

All contributors who do not meet the criteria for authorship should be listed in the section “Acknowledgements”. If the original research study reported in the manuscript or the preparation of the manuscript was supported by one or more grants, the title and number of the grant(s) and the name of the institution(s) that provided the grants or financial support to conduct, analyze or write-up the study should be specified in the manuscript. 

Coherence of study 

Fragmentation of research reports should be avoided. A scientist should organize publication so that it provides a well-rounded description of an examined issue. Fragmentation consumes journal space excessively and unduly complicates literature searches.  


The journal is peer-reviewed publication. Submitted papers and short communications are evaluated by editorial board members or specialized in the article field referees. Article review covers submitted material currency, scientific novelty degree, define it’s accordance to general journal profile, fixes facts of plagiarism. After the refereeing process is complete, the paper may be rejected, or returned to the authors for revisions, or accepted for publication. 


The authors are responsible for the contents of their paper or short communication and it’s publication fact. The editorial staff reserves the right to shorten, and review the articles submitted. Editors may request an author, when it is necessary, to develop content or technical details of articles. Scientific editing might change format and correct the writing to make it conventional with editorial policy of the journal.  Pictures and graphs are special subject to editorial consideration. We seek to keep their quantity optimal and only necessary in content. Images should be free from misleading manipulation. When images are included in an account of research performed or in the data collection as part of the research, an accurate description of how the images were generated and produced should be provided.
Policies on retraction and withdrawal

As a publisher, we strive to prevent the occurrence of occasional and limited cases of retraction and withdrawal of the published articles. As the costs of securing retraction and withdrawal are high for the publisher. Effective screening, peer-reviewing, verifying authorship, and other preventive procedures usually help to minimize such rare cases in the publishing practice. Below are the important rules for retraction and withdrawal policies of the PRADEC Publishing. These approaches and rules may be revised, supplemented, amended, etc.

Article retraction

The publisher will follow the selected standards which have been developed by a number of library and scholarly bodies. Reasons for retraction can include infringements of ethical codes, multiple submission, false claims of authorship, plagiarism, fraudulent, need to correct errors in submission or publication, other reasons as well. The publisher recognizes the retraction as an occasional feature in the academic publishing.

The following actions will be made under retraction policy:

- A retraction note titled “Retraction: [article title]” will be published in the separate article at the end of the related online issue

- In the HTML version will the record [near the title] which can be e.g. as 'RETRACTED'

- The PDF version of the retracted article can be preserved with some special note at the beginning of the article

- The DOI and HTML links will be preserved

Article removal and/or withdrawal

Article after the publication is not subject to removal, except for the sole discretion of the publisher. When editors screen, review and publish the article online or/end in print the article cannot be withdrawn until the decision of editors and publisher. The published articles go immediately to indexing archives and DOI depositories.

Full rights for the removal of the publication of the article remain to the publisher. Retraction or removal of published article can arise in very rear and exceptional circumstances. Usually, it takes a long time to make a deeper analysis, examination of reasons and negotiations.

Online submission

Corresponding author must fill in and sign the Declaration of contribution (in case there are two authors or more) which should be submitted together with manuscript using the Online Submission form.

The journal is indexed/registered/covered by the following services:
Academic Journals Database, AgEcon Search, BASE, CABI Abstracts, CEEOL, EBSCO Discovery Service, E-International Scientific Research Journal Consortium (E-ISRJC), Elektronische Zeitschriftenbibliothek EZB (Regensburg University Library), e-LIBRARY.RU, DOAJ, Gale, Global Health (CABI), Google scholar, libsearch, Open J-Gate,  RePEc,  ResearchGate, Ulrich’s Periodicals Directory, VSL Open, JournalSeek, Research Bible, Scirus, Knowledge Network, Academic Publishing Platforms, CiteFactor, Socionet, EconBiz, ERIH PLUS, Sherpa/ROMEO, The German National Library of Science and Technology (TIB) ‒ Leibniz Information Centre for Science and Technology and University Library, Scilit, Open Access Library (OALib)
PIEB is listed in serving as an international hub for a number of leading and well established peer-reviewed journals and periodicals.  
We continue to work on indexation issue to provide international exposure of research papers published in our journals.We believe that indexation makes all articles well accessible and increases their potential impact on knowledge markets.
Call for reviewers

IMPORTANT: This note can be somehow similar to other few journals of the publisher (Prague Development Center). Therefore, the text may partially or completely coincide with the requirements in other journals - BEH, ATI, and MHSJ. If you are interested in reviewing articles for PRADEC journals, we would like to invite your participation. Manuscript reviewers are vital to the publications process.

Call for reviewers

The high-quality peer-review process is necessary for establishing the reputation of every scientific journal. PIEB Editorial Board announces the call for reviewers. We are looking for academic professionals specializing in various areas of innovation and development such as economics, management, business, science and R&D, innovation management, innovations in education, ICT development, social aspects of innovation.

Therefore, if you would like to share your professional opinion and have an impact on PIEB development PIEB_call_for_reviewers_form and send it to


- Possess a doctoral degree in economics/finance or related discipline;

- Be fluent in academic English;

- Hold an academic affiliation;

- Work effectively under tight deadlines;

- To be selected as a reviewer, the candidate should have published articles in peer-reviewed journals. The experience of publishing of research papers facilitates producing a thorough review. The previous peer-reviewing experience is not a must though valuable.

What do we offer?

Reviewing is voluntary. Publisher does not offer paid options to reviewers whilst it implements the open-access and affordable fee business model for authors. However, the publisher can offer credits to reviewers depending on their contribution and scale of participation.

Terms and conditions

The author and co-authors of the article strictly commit to the policy of editors by accepting these terms and conditions

  • Authors are responsible to read and accept fee payment obligations of the targeted journal. The website has clear information about publication fees and payment terms. When paper accepted and published the author is obliged to fulfill his/ her fee payment obligations in the shortest time after the invoice issued.
  • The primary version of the journal is the online version. Therefore, we do not send a printed copy to the author(s) of the published article. Publisher does not make profits via subscription or sales of print copies. The publisher offers the full content for free access to the public and without restrictions.
  • All rules and requirements relevant to the chosen type of submission are read and understood. Sending submission means accepted by the author/submitter all responsibility related to editorial and publishing conditions.
  • Submission technical requirements are read and accepted in designing and preparing the research paper
  • Please note that scientific editing might change the format and correct the writing to make it conventional with editorial policy.
  • Responsibility for facts and opinions presented in the contents of journals, electronic and/or printed rests exclusively with the authors, other submitters if there is relevance. Their interpretations do not necessarily reflect the views of publisher or editors, affiliated or partnering with journals and with authors institutions.
  • F.A.Q. must be visited if there is an additional reason in clarifying editorial policy. The editors can contact editors via email when it is accepted
  • Neither the publisher nor the editors can be held responsible for errors or any consequences arising from the use of information contained in this journal.
  • Rejected manuscripts will not be returned to the author.
  • The submitted article after evaluation can be published in elaborating/projecting online issues which differ ahead/or back from the submission date up to 3 consequent issues or 6 months interval.
  • The version of an article which is published online is considered the final and complete version. Even though it is possible to correct this version, our policy (in common with other publishers) is not to do so, except in very limited circumstances. When an author wishes to update the published paper it can be possible within 4 weeks after publication.
  • Article after the publication is not subject to removal, except for the sole discretion of the publisher. When editors screen, review and publish the article online or/end in print the article cannot be withdrawn until the decision of editors and publisher. The published articles go immediately to indexing archives and DOI depositories.
  • Full rights for the removal of the publication of the article remain to the publisher. Retraction or removal of published article can arise in very rear and exceptional circumstances. Usually, it takes a long time to make a deeper analysis, examination of reasons and negotiations.
  • After receiving of the article editors and publisher usually publish immediately online the metadata. After screening and reviewing the full article can be published. The time length between submission and publication of metadata and the full article can be different and make hours, days or months. All this process is usually related to merits, quality of the paper, internal editorial processes, other factors. When necessary, the editors can issue proof of acceptance to the applied author.
  • The author is responsible for avoiding multiple submissions of the same article to other journals. PRADEC editors can charge authors for additional fees when it will be found that similar article was published in parallel. We can contact and inform the relevant journals about multiple practices of the author. When there are signs and suspicions about duplicate submission behavior of the authors the publisher monitors periodically online during 12 weeks.
  • Website content, information, or terms and conditions may be revised without formal notice. We cannot guarantee that this website will be updated on a regular basis or otherwise provide the most current or accurate information that may be available.
  • No part of the material protected by this copyright notice may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the copyright owner.