Part 1. Economıcs of ınnovatıon -- The Importance of Emerging Industries: The Case of Biopharma -- The Hiramatsu Concept of "One Village, One Product" as an Element of Regional Industrial Specialisation and a Cluster Policy Tool -- Entrepreneurship, Innovation and Economic Growth: Evidence From Saudi Arabia -- Part 2. Fınance -- The Impact of Capital Structure on Firm Performance and Risk in Finland -- Financial Behavior of Investors: Long-run Overreaction Phenomenon in Euronext Stock Exchange -- New Evidence of the Influence of Post Materialism Orientations on the Financial Markets Mechanisms -- An Analysis of Working Capital Management Strategy in Small Enterprises Operating Within Group Purchasing Organizations -- Corporate Governance as a Corporate Social Responsibility Reporting Determinant -- Part 3. Macro Economy -- Evaluation of the State Strategy Effectiveness of Spatial Development in the Russian Federation: A Cluster Approach -- Protection Standards in Bilateral Investment Treaties and their Contribution in Attracting Foreign Direct Investment -- Part 4 Regıonal Studıes -- The European Union as a Platform for the European NGOs' Operations - Market Versus Democracy -- The Demand and Supply Analysis and Comparison of Dwellings in Szczecin -- Artificial Intelligence and State Economic Security -- Assessment of the Features of the Spatial Organization of the Russian Economy Based on the Global and Local Moran Indexes.