Abstract. Growing market globalization, increasing global competition, more complex products results in application of new technologies, methods and business processes -due to the abovementioned tendencies novel supply chain strategies (Lean, Agile and Leagile Supply Chains) are established. In this study these supply chain concepts are being described and compared. Virtual enterprise is a temporary alliance of enterprises that come together to share their skills, core competencies, costs and resources in order to better respond to rapidly changing market environment and dynamic customer demands. Economic and social benefits and effects of virtual enterprises for customers and production companies and service providers are also described. Optimization software has been developed for optimal formation of virtual enterprise networks and is also introduced in this study. The aim of this software application is to define virtual enterprise as the optimal combination of supply chain members.
Abstract. S. Kuznets wrote that structural changes are the central element in the process of development and the most important part of the growth model. They can hinder the growth, if carried out too slowly or inefficiently, but they can also promote economic growth if the distribution of resources gets better. The article has presented the authors' attempts to present new approaches to modeling the institutional behavior of economic agents. Different approaches and views on economic growth and economic development in their application to institutional changes are considered. The descriptive method explains the hypothesis of the dominant role of social innovations (primarily institutional changes) in social and economic development. Significance of sociocultural capital in the context of contemporary knowledge economy is potentiated. The conclusion is that transition countries must use exemplary models and civilization achievements of institutional changes in developed countries.
In this paper we propose three hypothetical matrices for institutional modeling of the basis for economic development. They apply selectively chosen elements of Neo-Institutional Theory (NIT) and convention theory, which are in line with affirmation of institutional pluralism and criticism of institutional monism. In this sense, the developed institutional pluralism is critically and polemically opposed to all forms of opportunistic behavior, which in the conditions of the domination of institutional monism leads to the creation and strengthening of alternative institutions. Its hypothesis is that the hypothetical modeling of pluralistic institutional basis for economic development must be based, inter alia, on the elements and recommendations of the NIT and the convention theory on key issues (research parameters). This is especially the case with institutional elements, factors and recommendations that have been confirmed in the practice of developed countries. The conclusion is that the economic growth requires strong and pluralistic institutions, which represent the best means of protection from all forms of opportunistic behavior.
ABSTRACT. This paper analyzes the perception of the respondents in Montenegro, Serbia and Bosnia and Herzegovina regarding the level of institutional rationality and the deficit of basic selected factors that have a predominant impact on it. It uses and explains the conditional notion of institutional rationality as a specific form of bounded economic rationality. It starts from the basic hypothesis that during the long-lasting transition process there were four groups of inhibitors to the introduction and development of institutional rationality in the mentioned countries (rule of law, institutions, civil society and opportunistic behavior), the reason being their deficiency (underdevelopment). From the basic hypothesis, an auxiliary one arises -that overcoming the deficit of the mentioned inhibitors would have a direct and decisive impact on the increase in the level of institutional rationality, and thus, the impact on economic development. This primary hypothesis is experimentally proofed throughout appropriate multiple linear regression analysis.
Th is paper analyzes theoretical and methodological grounds of geoeconomics as the extended arm of geopolitics and post-industrial development paradigm. Th e article selects its basic semantic components, terms and defi nitions, and explains the geoeconomic character of neoliberalism. Th e authors suggest a new term-the neoliberal geo-ideology. Th e infl uence of geoeconomics in the countries of SouthEast Europe (SEE) is demonstrated, and the destructive eff ects of neoliberalism, which serves as the offi cial economic policy in SEE are discussed. Th e conclusion verifi es the starting hypothesis noting the need for abandoning neoliberal economic policies in the SEE countries as such.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.