The restructuring of the company is usually taken into consideration in terms of reducing costs and the need to increase effectiveness. Most often this process results in downsizing. In this paper, we assume that downsizing does not necessarily mean lower costs and increase of effectiveness. In...

The aim of this chapter was to analyse the potential for innovation and competitiveness of small and medium enterprises in Serbia. Presenting the strategy and the project which are determining the innovation of small and medium enterprise, it is necessary to know their significance for the...

The context of competitiveness can be defined as a set of institutions, policies and factors which, in a particular economy, determine the volume of national productivity and the level of economic well-being of the population. In brief, competition reflects the capacity of a national economy to...

The development of modern communications and information technologies, deregulation and globalization of business, represent some of the key determinants of the macroeconomic and business environment. These changes, as well as the recession evident during the past five years followed by an...

The authors put emphasis on 11 European countries (Serbia, Bosnia and Herzegovina, Albania, Macedonia, Croatia, Poland, Romania, Bulgaria, Hungary, Slovak Republic, Slovenia), for which a review was given on accomplished levels of transition reforms by European Bank for Reconstruction and...