BEGIN:VCALENDAR PRODID:-//eluceo/ical//2.0/EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT UID:event-450 DTSTAMP:20260526T174945Z SUMMARY:ESR Budapest DESCRIPTION:ESR Budapest: join for an amazing week full of companies\, cult ure and clubs! This year's destination of ESR Spring will be Budapest! Fro m the 12th until the 20th of May\, a group of 25 students\, 2 professors a nd 6 committee members will join together for a week to visit the beautifu l and vibrant city of Budapest to conduct research. The trip will consist of a combination of cultural activities\, company visits with the aim of f inalizing the research\, and chances to experience the amazing nightlife t he city has to offer. European Study Research is an incredible event for s tudents. It is an opportunity to add something unique to your university e xperience\, a chance to broaden your network\, diversify your (internation al) skill set\, meet new people\, and an amazing way to create unforgettab le memories. All of this in the exciting city of Budapest! Budapest\, the capital city of Hungary\, is an astonishing city with great history and ex citing nightlife. Combined with an unique combination of multinationals fr om a variety of industries and exciting startups with great prospects. Thi s year\, the research theme will be ‘’The implementation of sustainabi lity practices in the business landscape of Hungary”. You will be split up into teams of 5 students\, each with a specific sub theme to focus the research on. More information about the sub themes can be found under the theme tab. Your ESR experience begins with an opening dinner\, followed by 7 weeks of lectures\, dinners and socials every Monday night. A variety o f different topics\, lecturers and points of view will be discussed each w eek. After we return\, there will be another 2 weeks of lectures before th e final dinner in order to put the finishing touches on our work. The tota l cost of joining the trip to Budapest will be €225\,-\, which includes plane tickets\, accommodation and transportation during our stay\, as well as various other activities to take part in. The ESR experience is one th at is unique\, and should not be missed! In order to take part in this ama zing project\, click on the register button! Applications open on the 9th of February and close on the 26th of February\, 23.59! This is also the de adline for sending your CV and motivation letter. The applications are ope n to bachelor students of the FEB with at least 45 ECTS and (pre-)master s tudents. For any other remaining questions about this trip\, feel free to contact us at esrspring@ebfgroningen.nl.   ESR TIMELINE Application deadl ine Sunday the 26th of February\, 23:59 Interviews and selection Monday th e 27th of February until Thursday the 10th of March Introduction dinner Mo nday the 13th of March Weekly lectures\, dinners and socials (7 times) Eve ry Monday at 17:00 from the 20th of March until the 8th of May\, with exce ption of the 3th of April (exams) Theme party Monday the 1st of May Resear ch trip to Budapest Friday the 12th of May until Saturday the 20th of May Lecture\, dinner and social after the trip (2 times) Monday the 22th of Ma y and Monday the 29th of May Closing dinner Monday the 29th of May   ESR WORKLOAD In the 7 weeks prior to the trip there will be a lecture (5-7pm)\ , dinner (7-9pm) and a social (9pm onwards) every Monday which you will be expected to attend. In the lectures we will discuss how to conduct resear ch\, there will be presentations by the various subgroups\, guest lectures about the Hungarian culture and several workshops. The dinners and social s are a great way to get to know everyone. Next to these activities you ar e expected to actually prepare your specific research together with your s ubgroup\, which will mostly be done during the preparatory phase of the tr ip. In total\, ESR will cost you about 6-10 hours per week. ESR Research M AIN RESEARCH THEME: THE IMPLEMENTATION OF SUSTAINABILITY PRACTICES IN THE BUSINESS LANDSCAPE OF HUNGARY. How is sustainability implemented in the bu siness world of Hungary?  Sustainability is becoming increasingly importa nt in the business world in Budapest and Hungary as a whole. Many companie s are recognizing the need to adopt environmentally friendly practices and reduce their carbon footprint. The Hungarian government has also implemen ted various initiatives to promote sustainability and encourage businesses to adopt sustainable practices. In recent years\, there has been a growin g trend towards renewable energy in Hungary\, with investments in wind\, s olar\, and hydropower projects. Companies are investing in energy-efficien t technologies and waste reduction through recycling programs and sustaina ble waste management practices. However\, there is still room for improvem ent in terms of sustainability in the business world in Budapest. Some com panies may be reluctant to invest in sustainability initiatives due to the high costs involved\, while others may not fully understand the benefits. Nevertheless\, as awareness of the importance of sustainability continues to grow\, it is likely that more companies will adopt sustainable practic es in the future. In this research\, sustainability is discussed in the br oadest sense of the word. If companies want to thrive and prosper\, they n eed to be sustainable in their way of managing their (human) resources\, i nnovations\, adaptation to the local business climate and their transforma tion to a more digital way of doing business. Sustainability refers to th e integration of environmental\, social\, and economic considerations into the operations and decision-making processes of companies. This involves reducing negative impacts on the environment and society\, while ensuring long-term financial viability. Companies in Hungary are becoming increasin gly aware of the importance of sustainability\, both for the good of the p lanet and for their own competitiveness in a rapidly changing business env ironment. To conduct research on the research theme ‘’the implementati on of sustainability practices in the business landscape of Hungary’’ you will be divided into five subgroups. In these subgroups you will inves tigate research questions and conduct research specific to your subject. E very subtheme is linked to the main research theme. During the lectures an d the preparations\, you will get the chance to acquire the necessary skil ls to conduct business research and to come up with a theoretical framewor k and conceptual model. Together with your subgroup you will discuss your findings during the lectures and get the chance to get feedback from eithe r the committee or the professors. The final product will include advice f rom every group to the companies. All companies we visit in Budapest will receive your report. With the main research theme in mind\, we have establ ished five sub themes by which we want to investigate our main research th eme in a more detailed manner. The five subthemes are foreign direct inves tment\, innovation\, export\, human resource\, and the value chain of busi nesses. -       Foreign direct investment By focusing on foreign di rect investment in Hungarian businesses\, you dive into the sustainability factors that are implemented in doing foreign direct investment. Besides market share\, political/economic stability and free trade zones\, sustain ability in FDI becomes increasingly important with emphasis on sustainable investment that is greener\, promotes quality jobs &\; upskilling\, im proves gender equality\, and contributes to a more productive and innovati ve economy. -       Innovation Regarding the subtheme innovation\, the focus lies on sustainability in innovation in the Hungarian businesses . Sustainable innovation involves making intentional changes to a compan y's products\, services\, or processes to generate long-term social and en vironmental benefits while creating economic profits for the firm.  It en tails improving business operations to become more efficient\, with a goa l of dramatically reducing costs and waste. -       Export When stu dying sustainability in export practices you dive into international trade of firms and study on how to enhance sustainable practices regarding expo rt. Sustainable trade is the exchange of goods and services that generate social and environmental benefits which go beyond the mere creation of eco nomic value. Sustainable trade also promotes the preservation and reuse of environmental resources or reduces poverty and inequality. As the product ion and transport of these goods and services has a significant impact on the environment it is important to promote and incorporate best practices in the production and sale of these goods and services and promote sustain able trade.  -       Human resource Human resources are the most v aluable resource in an organization. One should manage their human resourc es incredibly well in order to thrive as this intangible resource is rathe r scarce. Considering sustainability as the main theme\, sustainable human resource management is concerned with achieving strategic outcomes\, whi ch include positive financial\, human and social\, and ecological outcomes . HR is crucial in aiding in the technological and cultural changes neede d to foster the sustainability goals of their organization. -        Value chain Companies focus on a sustainable value chain when they striv e to minimize environmental impact while benefiting communities and people . It is a concept that focuses on global issues such as human rights\, glo bal warming and melting ice caps\, fair labor practices\, marine pollution \, decreases of forest cover\, plastic pollution\, air pollution\, etc. Co mpanies that focus on sustainable value chain strive towards strategic goa ls that considers the environmental and human impact they have on global i ssues     ESR Partners:         DTSTART:20230512T140000Z DTEND:20230520T140000Z END:VEVENT BEGIN:VTIMEZONE TZID:UTC BEGIN:STANDARD DTSTART:20230512T140000 TZNAME:UTC TZOFFSETTO:+0000 TZOFFSETFROM:+0000 END:STANDARD END:VTIMEZONE END:VCALENDAR