Economic promotion of a small countryDejan Romih
, Urban Šebjan
, 2014, izvirni znanstveni članek
Opis: This paper examines the economic promotion of a small country in the case of Slovenia, which is facing certain economic and social problems. One reason for this is the current financial and economic crisis, which is continuing to affect the country´s economy. Economic promotion is therefore very important for Slovenia and its economic performance in both the short and long run.
Ključne besede: economic diplomacy, economic promotion, financial and economic crisis, foreign investment, foreign trade, migration, tourism, Slovenia
Objavljeno: 08.08.2017; Ogledov: 66; Prenosov: 4
Celotno besedilo (175,14 KB)
Renewed MER model of integral managementJanko Belak
, Mojca Duh
, Jernej Belak
, 2015, izvirni znanstveni članek
Opis: Background: The research work on entrepreneurship, enterprise's policy and management, which started in 1992, successfully continued in the following years. Between 1992 and 2011, more than 400 academics and other researchers have participated in research work (MER research program) whose main orientation has been the creation of their own model of integral management.
Results: In past years, academics (researchers and authors of published papers) from Austria, Belgium, Bosnia and Herzegovina, Bulgaria, Byelorussia, Canada, the Czech Republic, Croatia, Estonia, France, Germany, Hungary, Italy, Poland, Romania, Russia, the Slovak Republic, Slovenia, Switzerland, Ukraine, and the US have cooperated in MER programs, coming from more than fifty institutions. Thus, scientific doctrines of different universities influenced the development of the MER model which is based on both horizontal and vertical integration of the enterprises' governance and management processes, instruments and institutions into a consistently operating unit.
Conclusions: The presented MER model is based on the multi-layer integration of governance and management with an enterprise and its environment, considering the fundamental desires for the enterprises' existence and, thus, their quantitative as well as qualitative changes. The process, instrumental, and institutional integrity of the governance and management is also the initial condition for the implementation of all other integration factors.
Ključne besede: MER model, holistic approach to governance and management, integration, integral management
Objavljeno: 08.08.2017; Ogledov: 60; Prenosov: 2
Celotno besedilo (281,59 KB)
Organizational innovation in health care - as a processMatjaž Mulej
, Tatjana Mlakar
, 2008, pregledni znanstveni članek
Opis: Slovenia, like most countries of the modern world, spends too much on its public health care and supplies too little public health care services for the government, economists, politicians, and citizens to be happy. The many reforms of the public health care, e.g. in Slovenia, seem to be inefficient, one after the other, in solving this problem. Reforms have been conceived with a too poor consideration of the law of the requisite holism in decision preparation, decisions making and decision implementation. The article tackles procedure of implementation of reforms as inventions are supposed to become innovations in the public health care organization and management, rather than reforms' content. Combination of the absorption capacity, innovation promotion and diffusion is suggested for the requisite holism of implementation.
Ključne besede: dialectical system, diffusion of novelties, government, innovation, the public health care, requisite holism, systems thinking
Objavljeno: 07.08.2017; Ogledov: 66; Prenosov: 4
Celotno besedilo (342,33 KB)
Characteristics branding & brand management in the fashion industrySnežana Urošević
, Bruno Završnik
, 2014, objavljeni znanstveni prispevek na konferenci
Opis: Brand allows for market offer to be identified and differentiated from the competitive offers. The very essence of brand is based not only on potential sales figures, but on the philosophy that makes it posssible for a customer to identify with the brand. Faced with the plenty of market offers customers undoubtedly prefer wellknown companies and brands, thus minimizing risk and time consuming activities of gaining futher knowledge concerning alternative offers. The consumers often wonder whether the branded goods are more worth from the other, similar goods without any famous trademarks. There are many questions and theories but only one is undeniable: one should never doubt the companies that invest great amount of assets, ideas, talents, love and risk, intend to risk previously stated items with bad design, services or products% quality. Brand building in textile industry differs from branding of market offers targeting general public. Branding in textile industry requires more focused approach. Fashion companies are facing with bigger challenges when fighting to attract and keep new consumers who are offered new products and markets. In order to create strong brand, it is necessary to possess expert planning and long-term capital investment. Successful brand is actually an excellent product or service, with creatively designed and conducted marketing. Branding has become marketing´s priority, because successful brands achieve higher prices and gain over loyalty, and attract both consumers and financiers. Marketing agents of the successful 21st century brands must be extremely efficient in strategic brand management, which assumes implementation of marketing activities and programmes in order to build brands, as well as brand management to increase its value. Brands and its value must be regarded and recognised as strategic capital.
Ključne besede: brand, brand management, branding, fashion industry, marketing strategy, management, marketing
Objavljeno: 07.08.2017; Ogledov: 52; Prenosov: 3
Celotno besedilo (276,18 KB)
Foreign direct investment location choice factorsRomana Korez-Vide
, Patrick Voller
, Vito Bobek
, 2014, izvirni znanstveni članek
Opis: Due to the liberalization and transformation of emerging markets economies, the attractiveness of these countries for foreign direct investors has been rising in the last decades. This paper explores foreign direct investment (FDI) location choice factors of German and Austrian companies in Brazilian regions. We perform a quantitative analysis, based on the Multinomial Nested Logit Model and supplement its findings by the qualitative analysis, based on the semi-structured experts´ interview. The analyses show that investor-nation specific agglomeration, industry specialization, workforce qualification and physical infrastructure were important FDI location choice factors for German and Austrian companies in Brazil. Suggestions for future research of the FDI location choice factors are discussed.
Ključne besede: foreign direct investment, location choice factors, emerging markets, agglomerations, Multinomial Nested Logit Model
Objavljeno: 07.08.2017; Ogledov: 44; Prenosov: 3
Celotno besedilo (352,11 KB)
Nonlinear spillovers between euro area sovereign bond marketsSilvo Dajčman
, 2015, izvirni znanstveni članek
Opis: This paper examines nonlinear spillover effects between sovereign bond markets of six euro area countries (France, Ireland, Italy, Germany, Portugal, and Spain), four of which were among the hardest hit by the sovereign debt crisis, by applying a nonlinear Granger causality test of Diks and Panchenko (2006). The test is applied on the sovereign bond yield dynamics (i.e. yield changes) time series for the time period from 3 January 2000 - 31 August 2011. We also test for ˝pure˝ spillovers between sovereign bond yield dynamics, i.e. the spillovers after controlling for common and regional factors that impact the sovereign bond yield changes of all countries simultaneously. To verify if the nature of spillovers has changed after the start of the euro are sovereign debt crisis, we test for the nonlinear spillovers for the whole observed period and separately for the period be fore and after the start of the euro area sovereign debt crisis (period from the start of April 2010 until the end of our sample, i.e. 31 August 2011). The results of our study show that strong bi-directional Granger causality exists between the investigated sovereign bond markets. Very similar results are obtained whether the regional and world factors are or are not controlled for. We find strong bi-directional non-linear Granger causality for the investigated euro area countries prior the euro area sovereign debt crisis. After the start of the euro area sovereign debt crisis the interdependence be- tween the markets has reduced. We can no longer detect non-linear spillovers running from Germany and France to the ˝periphery˝ euro area countries. The findings of this study have important implications for the policymakers as they show that shocks spill-over quickly across the sovereign bond markets and the intensity and nature of spillovers can change throughout time. The sovereign bond markets of the ˝core˝ euro area decoupled from the ˝periphery˝ euro area sovereign bond markets after the start of euro are debt crisis. The findings are also of relevance for individual investors in the sovereign bond markets for the purpose of portfolio diversification.
Ključne besede: stock exchanges, bonds, financial crisis, econometric models, EU, sovereign bond markets, spillovers, non-linear Granger causality
Objavljeno: 07.08.2017; Ogledov: 58; Prenosov: 3
Celotno besedilo (409,64 KB)
The impact of the implementation of a learning organization on the formation of a positive organizational identityMarko Peršič
, Duško Uršič
, Draško Veselinovič
, 2014, izvirni znanstveni članek
Opis: This paper examines the results of a broader research of the impact of the implementation of a learning organization on the formation of a positive organizational identity in the Slovenian entrepreneurial practice. On the basis of an analysis carried out in 2012 on a sample of 132 enterprises in Slovenia, the authors derived their own definition of organizational learning. With the aid of factor analysis and a regression model, we established that each factor defined in this paper independently affects the formation of a positive organizational identity. However, in the event of joint factors of the learning organization, only the factor empowerment and organization have a statistically significant impact on the formation of a positive organizational identity. The findings from our research are applicable in almost every company in Slovenia, where the management can use them to form the company’s organizational identity with the aim of increasing the competitiveness of the company’s business.
Ključne besede: learning organization, positive organizational identity, organizational learning, factor analysis
Objavljeno: 03.08.2017; Ogledov: 103; Prenosov: 3
Celotno besedilo (101,24 KB)
Asymmetric correlation of sovereign bond yield dynamics in the EurozoneSilvo Dajčman
, 2013, izvirni znanstveni članek
Opis: This paper examines the symmetry of correlation of sovereign bond yield dynamics between eight Eurozone countries (Austria, Belgium, France, Germany, Ireland, Italy, Portugal, and Spain) in the period from January 3, 2000 to August 31, 2011. Asymmetry of correlation is investigated pair-wise by applying the test of Yongmiao Hong, Jun Tu, and Guofu Zhou (2007). Whereas the test of Hong, Tu, and Zhou (2007) is static, the present paper provides also a dynamic version of the test and identifies time periods when the correlation of Eurozone sovereign bond yield dynamics became asymmetric. We identified seven pairs of sovereign bond markets for which the null hypothesis of symmetry in correlation of sovereign bond yield dynamics can be rejected. Calculating rolling-window exceedance correlation, we found that the time-varying upper- (i.e. for positive yield changes) and lower-tail correlations (i.e. for negative yield changes) for pair-wise observed sovereign bond markets normally follow each other closely, yet during some time periods (for most pair-wise observed countries, these periods are around the September 11 attack on the New York City WTC and around the start of the Greek debt crisis) the difference in correlation does increase. The results show that the upper- and lower-tail correlation was symmetric before the Eurozone debt crisis for most of the pair-wise observed sovereign bond markets but has become much less symmetric since then.
Ključne besede: asymmetric correlation, sovereign bonds, Eurozone, financial crisis
Objavljeno: 03.08.2017; Ogledov: 61; Prenosov: 5
Celotno besedilo (470,77 KB)
Measuring public procurement for innovation on the country level and the role of ICT supportKristina Detelj
, Tanja Markovič-Hribernik
, Igor Pihir
, 2015, izvirni znanstveni članek
Opis: Using of public procurement as a tool for promoting innovations has captured interest of many researchers in recent years. However, most of the research is focused on the impact of public procurement on the company's innovativeness. The article discusses the findings of the literature on this topic and proposes a model on how to transfer the concept from the company level to the level of the whole country. One of the biggest problems is unavailability of appropriate measures of this phenomenon, so the authors suggest that the concept of Public procurement for innovation can be approximated by participation of criterion of the most economically advantageous tender (MEAT). Implementation of this criterion in choosing the best offer can be supported and facilitated by using of ICT which can improve the efficiency of procurement process and enable more innovations.
Ključne besede: public procurement, innovation, most economically advantageous tender, MEAT, information and communication technology
Objavljeno: 03.08.2017; Ogledov: 39; Prenosov: 2
Celotno besedilo (868,61 KB)
Considering interactions among multiple criteria for the server selectionVesna Čančer
, 2010, izvirni znanstveni članek
Opis: Decision-making about server selection is one of the multi-criteria decision-making (MCDM) processes where interactions among criteria should be considered. The paper introduces and develops some solutions for considering interactions among criteria in the MCDM problems. In the frame procedure for MCDM by using the group of methods, based on assigning weights, special attention is given to the synthesis of the local alternatives' values into the aggregate values where the mutual preferential independence between two criteria is not assumed. Firstly, we delineate how to complete the additive model into the multiplicative one with synergic and redundancy elements in the case that criteria are structured in one level and in two levels. Furthermore, we adapted the concept of the fuzzy Choquet integral to the multi-attribute value theory. Studying and comparing the results of the example case of the server selection obtained by both aggregation approaches, the paper highlights the advantages of the first one since it does not require from decision makers to determine the weights of all possible combinations of the criteria and it enables the further use of the most preferred MCDM methods.
Ključne besede: interaction, multi-criteria decision-making, preferential dependence, server
Objavljeno: 03.08.2017; Ogledov: 34; Prenosov: 3
Celotno besedilo (1,00 MB)