This article aims to explain the idea of X-efficiency, which indicates the difference between potential and actual output. If any business subject produces below its own potentials, it can be considered X-inefficient. To determine whether X-inefficiency in Croatian companies exists, how large it...

The paper reflects upon the models of development of cultural tourism in the city of Pula, Croatia, through cross-border international partnerships. Confronting global trends with local commitment to sustainable development, the authors set the hypothesis that heritage tourism, based on the...

Entrepreneurship is an important factor of potential growth and development that will determine the development dynamics of transition countries in the future. Starting from the theory of planned behaviour and the social cognition theory, the paper argues that bonding and bridging cognitive...

The main goal of the paper was to explore the attitude of business owners and managers in the small and medium sized companies (SMEs) in Croatia toward financial decision-making and strategic planning. In addition, it is attempted to identify managers' styles and entrepreneurial skills, as well...

The importance of small and medium sized enterprises (SMEs) for the economy is indisputable. However, SMEs worldwide, including Croatian ones, have difficulties in accessing financing sources, primarily the alternative ones like venture capital. Seeking venture capital for entrepreneurs is a big...

Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in...

In Croatia, tourism is one of the most important economic activities, accounting for 2.1% of total tourist flows in the European Union and 18% of the total Croatian gross domestic product. Economic development and tourism flows are influenced by the increasing intensity of climate change,...

Purpose - The purpose of this paper is to examine the comparison of entrepreneurial orientation of Croatian and Swedish students. Croatian students show significantly lower entrepreneurial intention than Swedish students, and positive attitudes are more frequent with Swedish students....

In this paper, we discuss how psychological characteristics of tourists, belonging to the same community of interest, their social interactions and the emergence of 'community-like' social structures influence major marketing outcomes in nautical tourism. We hypothesize that the communities of...