Matchmaking Programme in function of the economic recovery: An empirical study in the Republic of Srpska
Journal Title: Acta Economica - Year 2013, Vol 11, Issue 19
Abstract
Progress of the Republic of Srpska regarding the design of products and services in the field of advanced technology has not been reached yet. Unfavorable economic structure of the Republic of Srpska in recent years, reflected in the dominant share of the retail and wholesale of non-financial sector. This empirical study examines the possibility of establishing Matchmaking Programme which affects the dynamic innovation commercialization, which represents one possible step in the revitalization of the economy of the Republic of Srpska. The aim of this paper is to show the negligible support from the government that small, technologically advanced companies in the Republic of Srpska have in relation to European companies. Proposed theoretical model of support innovative small companies in function of technological growth and commercialization innovation, among other measures, promotes Matchmaking Programmes as one possible output strategy from the crisis of companies from Republic of Srpska. Research for need of this paper was conducted in the period till mid-January 2013 on the territories of five cities and 10 municipalities of the Republic of Srpska, on a sample of 118 small enterprises and entrepreneurial business. By analysis of the research results and testing research hypotheses, it was observed that Republic of Srpska has not created a strong mechanism yet, to encourage the promotion of seeking adequate business partners abroad with the aim of planning, development and products distribution in the field of advanced technologies to the international market.
Authors and Affiliations
Саша Петковић, Борис Новарлић
Keywords
Related Articles
- EP ID EP43775
- DOI -
- Views 317
- Downloads 0
Parallel Systems оf Efficacy Measurement In Contemporary Enterprise
The modern business managing imposes a need for improvement of the existing measuring systems for successful business operation of a company and discovering the new ones. However, it has to be said there is not only one...
CONTROVERSIONS ON THE ROLE OF AUDITORS IN PREVENTING AND DISCOVERING FRAUDS
Since the forties of the last century, there has been a continuous discussion on the role of auditors in preventing and discovering frauds. It arises from the gap between what auditors believe they should and can offer w...
ETHICAL RESPONSIBILITY OF MANAGERS IN THE GLOBAL ECONOMIC CRISIS
Reconstruction of companies are imminent processes which Serbian managers use in the fight for achieving greater efficiency and competitiveness in the global economic crisis which has affected our organizations. However,...
FINANCIAL CRISIS AND ITS OVERCOMING
The relation between demand and supply at the world markets has to be balanced involving their mutual concordance with the amount of money. Although, there should be more money and loans than there are international trad...
FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH OF THE CENTRAL AND SOUTHEAST EUROPEAN COUNTRIES
Economic theory suggests that free capital flows increase the efficiency of the resource allocation and stimulate economic growth. Foreign direct investment (FDI) is seen as a remedy for all economic problems in countries...