The Impact of Retail Formats on the Development of Food Retailing

Ćuzović, Sreten; Mladenović, Svetlana Sokolov; Cuzovic, Djordje

doi:10.15678/eber.2017.050101

Cited by 2 publications

(1 citation statement)

References 26 publications

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“…The use of trade formats (institutions) by the 250 largest retail chains (as a percentage) is shown in Figure 1. Figure 1 shows that supermarkets have a significant share (24%) in the business portfolio of the largest trading companies, despite the fact that in many market economies, supermarkets are in the saturation phase of their life cycle (Ćuzović, Sokolov Mladenović & Ćuzović, 2017). Hypermarkets (10%), superstores (10%), as well as discount stores show a significant share.…”

Section: The Achieved Level Of Institutional Innovation In Trade Of Mmentioning

confidence: 99%

Application of institutional innovation in trade: Experience of market-developed economies

Sokolov-Mladenović¹

2020

Ekonomika

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One of the main features of trade in developed market conditions is innovation. Almost no sector of the economy is so intensely prone to change and innovation as trade. For this reason, trade development experience of market economies so far is extremely rich and provides opportunities for some generalization and analysis of certain principles in the processes of development and implementation of innovation in trade. In addition, innovation in trade is markedly diverse and abundant, with institutional innovation occupying a significant place. In line with the above, the subject of this paper relates to the analysis of the application of institutional innovation in trade. The objective of the paper is to review the achieved level of institutional innovation in trade of the developed economies. Based on the available secondary data sources, we conduct an empirical study to test the hypothesis of the importance of institutional innovation for the positioning of trading companies. The ANFIS method was used to test the hypothesis. The results of the research showed that the introduction of institutional innovations influences on the positioning of trading companies.

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Section: The Achieved Level Of Institutional Innovation In Trade Of Mmentioning

confidence: 99%

Application of institutional innovation in trade: Experience of market-developed economies

Sokolov-Mladenović¹

2020

Ekonomika

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Venture Capital and Exporting – Some Evidence from EU Countries

Bigos¹

2019

JMBA.CE

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The aim of this article is to present the results of the research on the export of venture capi tal backed firms in the European Union countries. Methodology: For the purpose of this article, the author created four linear regression models. He decided for export revenue to be a dependent variable. Then, the author verified the influence of four independent variables on export value. Findings: The research found that the turnover of venture capital backed firms positively influences their export value. Moreover, the costs of employees also play an important role in export value explanation. Nevertheless, the empirical study did not confirm any strong positive correlation of analyzed firms' export value with the number of employees and their share of shareholders' funds in operating income. Limitations: The analyzed period was limited only to 2016. Second, the study used only one dependent and four independent variables. Further research must include other variables, especially moderating ones, such as entrepreneurship ratio or availability of external financing forms. Third, the regression models were based on data retrieved from Orbis Database and can induce uncertainty regarding its credibility. Originality: At present, there are still only few research studies that explore the export of venture capital backed firms.

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The Impact of Retail Formats on the Development of Food Retailing

Cited by 2 publications

References 26 publications

Application of institutional innovation in trade: Experience of market-developed economies

Application of institutional innovation in trade: Experience of market-developed economies

Venture Capital and Exporting – Some Evidence from EU Countries

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