Conditions and limitations on investments of small and medium enterprises in intangible assets as a response to the crises of the real sector
Journal Title: Acta Economica - Year 2012, Vol 10, Issue 17
Abstract
Business environment for small and medium size enterprises in Republika Srpska is extremely unfavorable. Lack of entrepreneurial infrastructure as well as legal framework, alongside global financial crisis and crisis of real sector with it all puts additional burden on work of enterprises in Republika Srpska as well as in the region. Enterprises, in modern business environment, need to invest in intangible assets much more than it is case at the moment. Intangible assets are the imperative which creates space for development and accomplish entrepreneurial competitiveness. The aim of this paper is to, through literature review, investigate effects of internal entrepreneurial factors in small and medium size enterprises as well as to analyze business environment in Republika Srpska. Special aspect of the analysis relates to analysis of the possibilities and limitations of investment in intangible assets, throughout business culture development, which implies introduction of entrepreneurial culture and marketing orientation.
Authors and Affiliations
Саша Петковић, Борис Новарлић
Keywords
Related Articles
- EP ID EP43747
- DOI https://doi.org/10.7251/ACE1217053P
- Views 269
- Downloads 0
Evaluation оf Loan – Models оf Variable Principal Repaid
In this paper is presented the account of evaluation of loan for case when the loan is amortized of variable principal repaid. It is presented two cases: a) the account of evaluation of loan after the t-th payment of...
THE GLOBAL CRISIS AND BOSNIA AND HERZEGOVINA
The financial crisis brought about by the break down of the USA mortgage market has affected almost all economies of the world. Its consequences are very severe: they include bankruptcies of major investment banks, great...
MANAGEMENT AND STRUCTURE OF INFORMATION SYSTEMS
In this paper the key point is on high level of mutual connection between management and information system. To precede from a thesis that information system must be special service by management, authors have shown whic...
IDENTIFYING THE ESSENTIAL FACTORS OF GLOBAL CRISIS – CONDITION FOR UNDERTAKING ADEQUATE MEASURES FOR OVERCOMING THE CRISIS
Current global economic crisis is neither conjuncture nor a cyclic one, but rather a serious systemic crisis, which roots lay in the Breton-Woods (1944) decision to let the American currency – US dollar become world’s re...
Ownership Structure of the Organisation as a Determinant of Human Resource Management in the Context of Transition Countries
Transition period of the post-socialist countries and opening of their markets have led to the positive shift in understanding the role of employees in organizations and the importance of proper management of this specif...