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1.
Environmental pollution and economic activity : estimating the environmental Kuznets curve for a panel of countries worldwide
Darja Boršič, Petar Todorčević, Nejc Fir, 2025, original scientific article

Abstract: This paper aims to assess the impact of certain economic factors on pollution for selected 112 countries worldwide. Due to data availability, carbon dioxide emissions in tonnes per capita were chosen as the dependent variable measuring pollution. Based on panel data and generalized moments method, the relationship between economic activity and environmental pollution was estimated. The results show that in the whole sample, as well as for two subsamples of developed and undeveloped countries, carbon dioxide emissions are statistically significantly affected by gross domestic product per capita, energy intensity and renewable energy consumption. The linear effect of economic activity positively effects the pollution, while the quadratic relationship is negative. Thus, the validity of inverted-U curve of the environmental Kuznets curve has been demonstrated. The estimated effect of economic activity measured by gross domestic product per capita on pollution does not differ in developed and undeveloped countries.
Keywords: environmental Kuznets curve, carbon dioxide emissions, renewable energy, industrialisation, urbanisation, economic development, cross-section analysis
Published in DKUM: 21.10.2025; Views: 0; Downloads: 4
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2.
Entrepreneurial dynamism and sustainability : unveiling Europe’s economic growth patterns through cluster analysis
Barbara Bradač Hojnik, Karin Širec, 2024, original scientific article

Abstract: This paper highlights the complex relationship between entrepreneurship, sustainable development, and economic growth in 41 European countries, using a reliable K-Means cluster analysis. The research thoroughly evaluates three key factors: the SDG Index for sustainable development, GDP per capita for economic well-being, and the New Business Density Rate for entrepreneurial activity. Our methodology reveals three distinct narratives that embody varying degrees of economic vitality and sustainability. Cluster 1 comprises the financially stable and sustainability-oriented countries of Western and Northern Europe. Cluster 2 showcases the variegated economic and sustainability initiatives in Central and Southern Europe. Cluster 3 envelopes the economic titans with noteworthy business expansion but with the potential for better sustainable practices. The analysis reveals a favourable association between economic prosperity and sustainable development within clusters, although with nonlinear intricacies. The research concludes with a series of strategic imperatives specifically crafted for each cluster, promoting economic variation, increased sustainability, invention, and worldwide collaboration. The resulting findings highlight the crucial need for policy-making that considers the specific context and the potential for combined European resilience and sustainability.
Keywords: entrepreneurship, sustainable development, economic growth, economic diversification, policymaking, European countries, K-Means clustering
Published in DKUM: 02.07.2025; Views: 0; Downloads: 3
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Impact analysis of the young farmers' support program on Slovenian dairy sector development using econometric modeling approach
Lazar Pavić, Jernej Turk, Ivo Grgić, Jernej Prišenk, 2020, original scientific article

Abstract: This study analyzes the effects that action 112 of the Rural Development Policy had on the socioeconomic status of Slovenian dairy farms. The data used in this paper were collected from Farm Accountancy Data Network (FADN), a database for applicants in action 112 (young farms transferees), from whose applications for participation in this action the data were obtained. Twenty-eight different econometric models were developed during the first stage of the research. The evaluation of the models was subsequently performed by applying valid statistical and econometric criteria. The results reveal the main positive effects that action 112 had on socioeconomic indicators of the dairy farms: number of full-time labor power, number of head of large livestock, total revenue (in euros) and net value added. Statistically significant differences in benefits from action 112 among dairy farms were determined by using two sets of dummy variables: region and level of education. The research in the field of the effect of the rural development policy action support of young farmers on socioeconomics performance of milk farms can make a significant contribution to developing the researchers' work and policy makers' decisions. Furthermore, this research is important from the agronomic point of view, since its results support two of the basic goals of Common agricultural policy after 2020: environmental care and conservation of landscape and biodiversity.
Keywords: dairy farmers, econometric analysis, rural development, socio-economic situation
Published in DKUM: 31.01.2025; Views: 0; Downloads: 5
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5.
Economic growth and environmental sustainability determinants : a panel ARDL evidence for EU Countries
Ardita Bytyqi, Hyrije Abazi-Alili, Shenaj Hadzimustafa, 2024, original scientific article

Abstract: Economic growth and environmental sustainability nowadays are considered to be of particular importance, so understanding the main contributing factors is very important as well. This paper aims to examine the common determinants of economic growth and environmental sustainability, inspect the relationship between these key elements, and check their significance in economic growth and environmental sustainability. With data from EU member states for a period of ten years (2011-2020) the panel autoregressive distributed lag technique (ARDL) is used for the aim of this paper. Common determinants such as recycling and environmental taxes were found to be the major contributors to economic growth in the long run. Recycling is found to be a major contributor to environmental sustainability as well, however, environmental taxes are detected to have a negative impact on environmental sustainability in the long run, but none of these determinants have any impact in the short run.
Keywords: economic growth, environmental sustainability, ARDL, sustainable development
Published in DKUM: 01.10.2024; Views: 0; Downloads: 112
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6.
8th FEB International Scientific Conference : Challenges in the Turbulent Economic Environment and Organizations’ Sustainable Development
2024, proceedings of peer-reviewed scientific conference contributions (international and foreign conferences)

Abstract: The proceedings of the 8th scientific conference, organized by the Faculty of Economics and Business, University of Maribor, titled "Challenges in the turbulent economic environment and organizations’ sustainable development," present research and findings on the challenges that companies as well as other organizations face in unpredictable economic environments and efforts towards sustainable development. Various distinguished European authors address the impacts of global economic fluctuations on business operations and emphasize the importance of adaptability and innovation in tackling these challenges. Additionally, they underscore the significance of sustainable development as a crucial factor for the long-term success of companies and present strategies for its effective implementation. Through analyses and case studies, authors reveal key factors influencing the success of organizations in turbulent economic environments and offer guidelines for designing responsive and sustainability-focused business models.
Keywords: sustainability, economic environment, sustainable development, business challenges, competitiveness, turbolent environment
Published in DKUM: 23.05.2024; Views: 314; Downloads: 56
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7.
Entrepreneurship for Sustainable Future : GEM Slovenia 2023, Executive Summary
Karin Širec, Polona Tominc, Katja Crnogaj, Matej Rus, Barbara Bradač Hojnik, 2024, higher education textbook

Abstract: The GEM survey offers an in-depth analysis of the various social, cultural, political, and economic factors that impact the entrepreneurial landscape and activities, serving as a comprehensive framework for understanding national and entrepreneurial conditions. These factors play a crucial role in shaping individuals' entrepreneurial decisions and the success of starting and operating businesses. Survey delivers unparalleled insights into a nation's entrepreneurial characteristics, surpassing the information available from traditional statistical sources. The study also explores individuals' and societies' attitudes towards entrepreneurship, alongside the aspirations and qualifications of people at different entrepreneurial stages. By examining these aspects across countries, GEM identifies key drivers and obstacles for entrepreneurship, enabling stakeholders to cultivate a supportive entrepreneurial ecosystem. The monograph also addresses the growing link between entrepreneurial endeavors and sustainable development. The research emphasizes the importance of sustainable development as an integral part of entrepreneurial thinking and action in Slovenia, which is key to promoting innovation, competitiveness and long-term prosperity in
Keywords: Global Entrepreneurship Monitor, entrepreneurship, early-stage entrepreneurial activity, economic development, entrepreneurship ecosystem, entrepreneurship policy, sustainable development
Published in DKUM: 14.05.2024; Views: 191; Downloads: 45
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8.
Growth of entrepreneurial opportunities : GEM Slovenia 2017
Miroslav Rebernik, Polona Tominc, Katja Crnogaj, Barbara Bradač Hojnik, Matej Rus, Karin Širec, 2018, scientific monograph

Abstract: The scientific monograph comprises results of the Slovenian part of the largest global research project on entrepreneurship Global Entrepreneurship Monitor – GEM, which has completed its 19th cycle in 2017. GEM was established in order to (1) measure the differences regarding the relationship towards entrepreneurship, activities and aspirations of individuals in as many countries as possible, (2) uncover factors that encourage or hinder entrepreneurial activities, especially related to societal values, personal attributes and the entrepreneurship ecosystem, (3) provide a platform for assessing the extent to which entrepreneurial activity influences economic growth within individual economies and (4) uncover policy measures for the purpose of enhancing entrepreneurial capacity in an economy. The research helps to better understand the attitude of the society towards entrepreneurship and individual capabilities, among which are the perception of their own abilities for entrepreneurial activities, the ability to perceive opportunities, entrepreneurial intentions and fear of failure. As GEM monitors entrepreneurial activity throughout the phases of the life cycle (nascent, new businesses and established businesses, discontinuation), according to impact (high growth, innovation, internationalization) and by type (early-stage entrepreneurship activity, employee entrepreneurship activity), the picture is much richer than the one that is based only on data gathered from ordinary statistical databases.
Keywords: Global Entrepreneurship Monitor, entrepreneurship, early-stage entrepreneurial activity, economic development, entrepreneurship ecosystem
Published in DKUM: 02.08.2023; Views: 540; Downloads: 10
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9.
Analysis of Selected Aspects of Entrepreneurship Support on the Level of European Union
Martina Repnik, 2021, master's thesis

Abstract: Entrepreneurial activity contributes various benefits to a country, one of the most impactful gains being the growth of GDP. Because of that, it is important for policymakers to put in place policies, which encourage and foster entrepreneurial activity- both on a national as well as international level. On an international level, the EU plays a major role in supporting entrepreneurial activity in Europe. For that purpose, the EU institutions are enforcing entrepreneurship-related policies and are establishing programs and funds, which benefit European enterprises. Special emphasis is placed on supporting the entrepreneurial activities of small and medium-sized enterprises (SMEs), which are the backbone of the economy. SMEs represent more than 99% of all enterprises in a country, and they create two out of three jobs. Because of their importance, the EU strives to provide a suitable environment and support for them to grow and exist in the long run. EU member countries exploit the offered support to different extents, which means that the EU support affects European companies and member countries in different ways. In this thesis, we explored the role of the EU in connection to entrepreneurial support and activity. Based on our research, we found very noticeable differences between more and less developed EU countries in terms of the amount of exploited EU support. We discovered that most of the time, more developed EU countries tend to exploit EU entrepreneurial support to a bigger extent, than less developed countries do. That is because less developed countries often lack the ability to set up suitable programs that could qualify for EU funding. We also discovered that less developed countries tend to have higher levels of early-stage entrepreneurial activity than more developed countries do. We have found that this is because citizens in these countries often create their businesses out of necessity, not so much because they perceived a good business opportunity. In less developed countries, where the economical state of the country is less stable and there is a lack of available job offers, citizens are pushed to entrepreneurship out of necessity in order to survive. Related to that, we also discovered that less developed countries dedicate more of their EU funds to SMEs than more developed countries do. But as they lack the proper entrepreneurial ecosystem, these enterprises often fail. Because of that, as it most often occurs out of necessity, high levels of entrepreneurial activity in a less developed country do not quite indicate a well-established national entrepreneurial system. Finally, based on all the data we collected and analyzed in this thesis we have found that entrepreneurial support offered by the EU has been increasing over the years. That is because in the last decades there has been a big increase in the number of programs and funds being established, which focus specifically on SMEs. The same can be seen with the number of entrepreneurial policies being enforced by the EU, as entrepreneurship became one of the main EU priorities.
Keywords: entrepreneurial support, entrepreneurship activity, EU funding, access to finance, economic development
Published in DKUM: 23.12.2021; Views: 789; Downloads: 79
.pdf Full text (2,33 MB)

10.
Entrepreneurship in a New Reality : GEM Slovenia 2020, Executive Summary
Miroslav Rebernik, 2021

Abstract: Entrepreneurship is the strongest driver of economic growth and development and has a very large impact on overall social development. The Global Entrepreneurship Monitor (GEM) has a history of 22 years of entrepreneurship research, with a special focus on the earliest stages, when business opportunities are perceived and individuals decide whether to engage in entrepreneurship. Their direct living environment, especially the prevailing cultural values, the company's tendency to entrepreneurship and the orderliness of the business environment, have a great influence on the involvement of individuals in entrepreneurial activities. Accordingly, the conceptual framework of GEM is set, which enables the treatment of individuals and their attitude towards entrepreneurship, perception of entrepreneurship and involvement in the establishment and / or ownership and management of a company. With its help, we can therefore gain a deeper insight into national entrepreneurship and its characteristics and a more complete picture than can be provided by various statistical sources based solely on data obtained from existing companies.
Keywords: global entrepreneurial monitor, entrepreneurship, total early entrepreneurial activity, economic development, entrepreneurial ecosystem
Published in DKUM: 18.05.2021; Views: 1329; Downloads: 30
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