Small and medium enterprises (SMEs) represent an important part of the Croatian economy. In 2011 SMEs achieved a share of 50.2% of gross domestic product (GDP), 65.5% of employment and 42% of Croatian exports. In the paper will be elaborated importance of the small and medium enterprise sector...

Disparities across regions and provinces are on the agenda of both developed and developing countries. Differences in terms of development and income between regions are becoming more important policy challenge particularly in developing countries. As a developing country, inter-regional...

We engineer policies to stimulate technology development in a manufacturing industry using an agent-based model of value networks within a multi-region industry. Generally, industrial production is organized in value networks, where firms in upstream tiers supply components to firms in...

Although clusters life cycles tend to co-evolve with the life cycle of its dominant industry (Bergman, 2008; Menzel and Fornahl, 2010), the stylized life cycle model does not capture the full complexity of cluster evolution (Martin and Sunley, 2011). Empirical studies indicate that clusters do not...

Interest in territorial forms of organisation of production is currently at its peak, both among researchers striving to describe and explain various phenomena and among practitioners - representatives of authorities, entrepreneurs or experts involved in developing the idea. On this basis, the...

This work attempts to examine how the global financial crisis has affected the education sector and more specifically, universities. So our paper examines the universities public funding especially in Europe, the mobility of teaching staff, students etc. Also the impact of the financial crisis...

We study the connection between economic performance and the quality of government institutions for the sample of 103 Italian NUTS3 regions, including new measures of institutional quality calculated using data on the provision of four areas of public service: health, educational...

This paper elaborates on how the global discourse on creative economy is interpreted in developing countries. We accomplish this by examining how the discourse has been institutionalized in several Indonesian cities. As an effect of decentralization, localities attempt to become a winner among...

The overall objective of this paper is to contribute conceptually to the questions why and how regions transform and it joins the debate on economic evolution and institutional change. The paper addresses the challenge of how to conceptualise the interdependencies of institutions of different...

The paper is motivated by an interest in how clusters come into being and why they emerge in particular locations. The literature includes two main views on this topic. A first view underlines that new clusters often start out in a particular location more or less by chance, often because some...