{"title":"The Impact of Business Support Institutions on the Development of the SME Sector","authors":"Anamarija Delić","doi":"10.31410/limen.2022.81","DOIUrl":"https://doi.org/10.31410/limen.2022.81","url":null,"abstract":"The aim of this paper is to critically review and map the network of business support institutions in Croatia and their impact on the development of the small and medium-sized enterprises (SME) sector. There are many research findings in the literature that link the development of the SME sector to the level of institutional development, but rarely articles that link business support institutions to the improvement of the business ecosystem (reduction of barriers). Through in-depth interviews with the heads of business support institutions, this paper aims to explore the impact of business support institutions on reducing barriers that hinder the establishment and development of SMEs. The results show that business support institutions do not have enough resources (time, money, knowledge, etc.) to provide the necessary assistance to SMEs, but also to fulfill other tasks and obligations for which they are responsible. The results of the study can be used for the development of better SME policies, but also for the development of services that better meet the needs of SMEs","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127481781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Reviewing Applications of the Non-parametric DEA Methodology in Croatia","authors":"Katarina Fotova Čiković","doi":"10.31410/limen.2022.137","DOIUrl":"https://doi.org/10.31410/limen.2022.137","url":null,"abstract":"This article surveys and presents the applications of Data Envelopment Analysis (DEA) in Croatia, i.e. in different industries and economic sectors in Croatia. The systematic review followed the PRISMA statement and guidelines for systematic literature review. The main scientific online databases were accessed in September 2022 without time constraints with the use of the keywords „DATA ENVELOPMENT ANALYSIS“ and „CROATIA“. Therefore, all the applications of DEA in Croatia are presented ever since the introduction of DEA back in 1978. This review’s main goal is to gain insights into the areas of research in Croatia that most commonly use the DEA methodology and the areas that neglect this methodology. Moreover, the Croatian authors that most commonly use this methodology will be revealed. Another goal is to introduce all the various aspects of efficiency evaluation that can be used with the DEA methodology. The ultimate goal of this paper is to increase awareness among academic members, scholars and analysts to employ the DEA methodology more often when it comes to measuring the relative efficiency of homogeneous decision-making units (DMUs). The paper concludes with a summary of the DEA applications as well as literature gaps on DEA applications in Croatia. Moreover, suggestions and guidelines for future research are provided.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122297553","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Supplying Critical Materials in a Time of Uncertainty","authors":"Nikola Radić, Vlado Radić, Nenad Ravić","doi":"10.31410/limen.2022.315","DOIUrl":"https://doi.org/10.31410/limen.2022.315","url":null,"abstract":"The high demand for energy, food, and raw materials is putting an enormous strain on ecosystems around the planet. Therefore, the industrial strategies of many countries rely on the so-called green plan and transition toward climate neutrality. In this sense, the need for new materials greatly exceeds the existing possibilities and capacities. Critical materials are raw materials that have great economic importance and for which there is a probability of shortage. Since the world is facing more and more serious problems, whether it is an economic crisis, a pandemic, or war conflicts, the general character of the present and, one would say, future time, is uncertain. Prediction of uncertainty is a task that decision-makers must keep in mind when deciding on the present and the future, not only of economies but of entire ecosystems and populations as a whole. The paper shows how critical materials affect development and growth, and the fulfillment of environmental requirements, using examples from various industries.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130573433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Addressing Key Challenges in Vocational Education and Training (VET) In Albania, Ensuring Systematic Change, Competence Development, and Stakeholder Empowerment","authors":"Elvira Fetahu, Eriona Cela","doi":"10.31410/limen.2022.251","DOIUrl":"https://doi.org/10.31410/limen.2022.251","url":null,"abstract":"The achievement of economic growth is the goal and objective of every country and it is possible only through the efforts of different educational institutions, providers, and beneficiaries, to educate and train experts in different sectors, based on the principle of lifelong learning. This paper aims to analyze the needs of employees to develop and improve hard and soft skills, providing the challenges of vocational education and to adopt the changes in the labor market, for both employees and employers. The data collected from Vehicle Services, Hotel and Tourism, Construction, and Logistics dialogue roundtables provide recommendations for providers and businesses in every job aspect. The analysis of the data resulted in the following: it is necessary to establish continuous contacts with public institutions which offer professional development courses for employees, both before and during employment, as for them the cost of training the employees is a continuous process.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121728209","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Legal Protection of the EU Database: One Proposal for a Transposition","authors":"A. Dobreva","doi":"10.31410/limen.2021.297","DOIUrl":"https://doi.org/10.31410/limen.2021.297","url":null,"abstract":"The European Commission’s 2021 Intellectual Property Action Plan provides for a revision of Directive 96/9 / EC of the European Parliament and of the Council of 11 March 1996 on the legal protection of databases. The process of its amending is started with Directive 2019/790, which complemented it with new exceptions already mandatory for the Member States, on the mining of text and data for the purposes of scientific research, digital cross-border learning activities, and use by cultural heritage institutions. The transposition of these new texts by the deadline of 06.07.2021 did not take place in many Member States. The article relates to the proposal to transpose these exceptions into the legislation of Bulgaria and analyzes to what extent to which it would contribute to the objectives of harmonization.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134126270","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Evaluating Financial Performance of IT Companies in the Consolidated Group","authors":"Radoslav Tusan","doi":"10.31410/limen.2021.131","DOIUrl":"https://doi.org/10.31410/limen.2021.131","url":null,"abstract":"This paper deals with the evaluation of the financial performance and financial position of IT companies in the consolidated group. The subject of the investigation is a consolidated group consisting of a parent company domiciled in Germany and its subsidiary in Slovakia. The article aims to point out the mutual relations within the consolidated group through correlation coefficients. The examined relations are in the area of profitability, indebtedness, liquidity and some macroeconomic indicators. The paper set out two objectives of the research: 1) within the consolidated group, the mutual relations between the parent company and the subsidiary are not significant; 2) within the consolidated group, the mutual relations between the parent company and the subsidiary are significant. Interesting conclusions emerged from the comparison of correlation coefficients.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130893465","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Legal Challenges of the Metaverse: Business Trademarks","authors":"Mónica Lastiri Santiago","doi":"10.31410/limen.2022.357","DOIUrl":"https://doi.org/10.31410/limen.2022.357","url":null,"abstract":"The Metaverse is emerging as a hotbed for brand promotion as well as a platform for creating and using intellectual property rights including trademarks. The avatars (users) can create digital objects to sell to other users. Lenders and investors are seeking opportunities to capitalize on new Metaverse markets and digital assets as is the named NFT (not-fungible token) that is the unique data coding that can be visually represented by a digital asset, for example, a virtual handbag. Currently one of the real-world lawsuits involving trademarks and NFTs is the dispute between fashion house Hèrmes vs NFT creator Mason Rothschild. Hermès makes the exclusive line of Birkin handbags and Rothschild started selling NFTs in the form of digital images he named MetaBirkins which are the virtual reproduction of the Hèrmes product. Therefore, the fashion house filed a trademark claim for unauthorized use of their trademark and design. From the above-mentioned lawsuit raises a set of fascinating issues at the intersection of intellectual property law and digital technology. For instance, the unauthorized trademark use in Metaverse, but what, in our view, is the most important challenge is: Can you have a trademark right on an NFT? Trademark owners should be aware of the opportunities and challenges to their brand in virtual worlds. The possibilities for a Metaverse are currently limitless and the investments being made in new Metaverse-related technologies and platforms have grown enormously. Investors and companies are spending purchasing digital land in popular Metaverses to create virtual business spaces where consumers are sold goods, services, or entertainment.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"111 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132234576","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Implications of Technology Development on the Labor Market","authors":"Danijela Sokolic","doi":"10.31410/limen.2021.61","DOIUrl":"https://doi.org/10.31410/limen.2021.61","url":null,"abstract":"The level of resources invested in STEM, innovation and R&D has never been higher, resulting in new technologies that are promising higher return rates and a new competitive edge. Technology development is influencing the way the work is performed, thus changing the structure of the organization, content of work and demand for workers` skills. Thus, technology development changes industries, organizations and occupations. When occupations are displaced, many workers are forced to reconsider their possibilities at the labor market and to broaden their job perspectives by upgrading their skills portfolio. At the same time, due to the increase in production productivity, new products and services are offered, and new markets emerge. Thus, new jobs are instated and new skills for performing them are required. Technology development led by automation (including AI, ML, etc) and digitalization have found creative and efficient ways to change traditional business models, not necessarily through resource internalization and standard employment agreements. This paper is elaborating on the concept of job and employment, and the effect technology advancements have on labor markets. Findings are related to newly emerging forms of employment and their implications for organizations and workers.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"102 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124207701","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Agneš Slavić, Maja Strugar Jelača, Nemanja Berber, Radmila Bjekić
{"title":"The Relationship between Managers’ Emotional Competencies and Organizations’ Financial Performances","authors":"Agneš Slavić, Maja Strugar Jelača, Nemanja Berber, Radmila Bjekić","doi":"10.31410/limen.s.p.2021.59","DOIUrl":"https://doi.org/10.31410/limen.s.p.2021.59","url":null,"abstract":"The topic of emotional intelligence has attracted considerable interest from both academics and practitioners. Emotionally intelligent leaders have the ability to express, understand and regulate their own as well as others’ emotions. Previous evidence suggests that emotionally intelligent leaders play a crucial role in encouraging employees to perform at their best at work, which in turn can improve the financial performance of the organization. Still, there is little empirical evidence to support these claims from developing countries. Therefore, the research question of this paper is: Which of the leaders’ emotional competencies are required for outstanding financial performance of the organization? In this study, emotional competencies are analyzed through the self-awareness and self-management clusters. This study proposed and tested the relationship between managers’ emotional competencies and an organization’s financial performances, such as growth in profits, profitability, return on assets (ROA) and return on equity (ROE). Empirical data were obtained via a questionnaire survey involving 300 employees from 80 organizations in the Republic of Serbia. The methodology used in the study is a well-known ESCI questionnaire. The findings revealed a weak positive correlation among emotional self-awareness, aspiration for success and adaptability as emotional intelligence competencies and financial performances, whereas emotional self-control and optimism did not have any statistically significant relationship with financial performances. The results provide implications regarding the development of emotionally intelligent leaders, supporting emotional competence at the organizations.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"460 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125807336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Strategic Relevance of an Information Systems Master Plan in an Organizational Context","authors":"Inês Barros, Ana Almeida, Leonilde Reis","doi":"10.31410/limen.2021.143","DOIUrl":"https://doi.org/10.31410/limen.2021.143","url":null,"abstract":"Currently, there are organizations dedicated to providing support services to hospitals in order to collaborate to optimize the provision of health care, contributing to increasing the effectiveness and efficiency of the health system. The paper aims to present the problem from a system modeling perspective when developing an Information Systems Master Plan. The research methodology adopted is Design Science Research, given its characteristics and suitability to the field of Information Systems research towards the creation of the artifact. The expected results are centered on the process underlying the development of an Information Systems Master Plan that allows reflecting the organizational reality and creating conditions to outline strategies to guide and optimize the implementation and safe use of Information and Communication Technologies.","PeriodicalId":211997,"journal":{"name":"LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics of Research","volume":"155 3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125888341","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}