The paper is focused on the essential of knowledge-based strategy taking into consideration the theoretical and practical development during the last 10 years and especially knowledge revolution. It demonstrates the specificity of the company knowledgebased strategies and their necesity. More...

The article investigates sharp reductions seen in current account deficits in transition countries in the 1992-2003 period. By using both descriptive statistical approaches as well as panel regression-based analysis the article focuses on three important aspects of these current account...

This paper investigates the relationship between spillover effects and stock market regulations for a sample of cross-listed European firms. Using LaPorta et al.’s (1998) stock exchange regulatory classification we identify firms that have cross-listed on foreign exchanges with either tougher,...

This paper analyses how the equilibrium is affected when adding investment decisions and capacity constraints to the traditional Cournot duopoly model. Authors investigate a multiperiod setting with two firms taking investment decisions in every period. We prove that under these circumstances...

This displays arguments that would speak in favor of establishing South Eastern Europe Transport Grid, as a flywheel of not only cross border cooperation and the stabilization of the region but as an economically sound business project.

The authors aim to address two issues relating to the asset specificity of firms with respect to their technology. By applying discriminant analysis to a sample of fast-growing firms, they attempt to develop simple and robust prediction equations. These equations would in turn utilise a few...

Transition economies in the Central East European (CEE) and South East European (SEE) region have embraced the notion that FDI can act as a catalyst in their effort to reform their economies and as a result policies and measures have been put in place to attract FDI inflows. Indeed, foreign...

The aim of this research is to study life quality using the cluster analysis methodology. The analysis includes a number of classifing algorithms of elements into relatively homogenous groups and makes a global analysis of statistical units using a high number of characteristics. The required...

Since the ancient times, cities have attracted visitors in large numbers for a variety of reasons. In modern times, once again, large cities are competing among themselves for attracting tourists. Although, large cities have always attracted visitors but until recently, with the exception in...

The Croatian economy, like all transition economies, has changed dramatically in the last few years. In order to examine: how do the Croatian enterprises solve their organizational problems under those conditions, what goals they want to achieve, what strategy they mostly apply, what...