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In Search Of A Clearer Growth Path For Croatian Enterprises

Author

Listed:
  • Ivan Mencer

    (University of Rijeka)

  • Lara Jelenc

    (University of Rijeka)

  • Valentina Ivancic

    (University of Rijeka)

Abstract

The purpose of this paper is to foster realistic reflections on the importance of stimulating research and development activities within national enterprises employing over 250 employees, based on the experience of prominent individuals, members of the top management team within these enterprises. Within research of the growth of Croatian enterprises and thereby the national economy, one of the questions that should be asked is: "Does the implementation of innovations ensure the growth of Croatian enterprises and thus the economy?" This question arises from the existing structure of Croatian enterprises in terms of their distribution according to economic activity and concentration of the employees. In fact, both of these parameters are not favourable for economic growth. The research results, based on 67 validly completed questionnaires, generally indicate that business experience is gained over a longer period of time. Therefore, the impact of research and development and thus eventually innovation may result from incremental processes.

Suggested Citation

  • Ivan Mencer & Lara Jelenc & Valentina Ivancic, 2015. "In Search Of A Clearer Growth Path For Croatian Enterprises," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 24(2), pages 597-626, december.
    • Handle: RePEc:avo:emipdu:v:24:y:2015:i:2:p:597-626
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    References listed on IDEAS

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    3. Klepper, Steven, 1996. "Entry, Exit, Growth, and Innovation over the Product Life Cycle," American Economic Review, American Economic Association, vol. 86(3), pages 562-583, June.
    4. Koellinger, Ph.D., 2008. "The Relationship between Technology, Innovation, and Firm Performance: Empirical Evidence on E-Business in Europe," ERIM Report Series Research in Management ERS-2008-031-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    5. Kiessling, Timothy S. & Richey, R. Glenn & Meng, Juan & Dabic, Marina, 2009. "Exploring knowledge management to organizational performance outcomes in a transitional economy," Journal of World Business, Elsevier, vol. 44(4), pages 421-433, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    growth of enterprise; knowledge; competitiveness and innovation;
    All these keywords.

    JEL classification:

    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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