Naslov
SMEs in Croatia in the Light of EU Integration

Autori
Grupe, Claudia ; Kušić, Siniša

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
International Conference "From Transition to Sustainable Development - The Path to European Integration", Conference Proceedings: book of extended abstracts, CD ROM with full papers / The Program Committee ICES2006 - Sarajevo : Ekonomski fakultet Univerziteta u Sarajevu, 2006, 119-122

ISBN
9958-605-90-2

Skup
Third International Conference of the School of Economics and Business in Sarajevo ICES2006 "From Transition to Sustainable Development - The Path to European Integration"

Mjesto i datum
Sarajevo, Bosna i Hercegovina, 12.10.2006. - 13.10.2006

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Croatia; SMEs; entrepreneurship; regional integration; EU.

Sažetak
Moving from applicant to candidate country, and ambitious to become a full member of the European Union, Croatia faces the complex challenge of adjusting its institutions to the standards of the EU. Yet apart from reforming formal institutions as the legal system in accordance with the conditions imposed by the EU prior to accession, there is a sphere of informal institutions that deprives policy makers of direct influence. According to New Institutional Economics whose most prominent exponent is Douglass North, informal institutions are the values and norms that shape a society supplementary to the existing formal institutions. Whereas formal institutions in Croatia are close to matching the EU’ s demands, informal institutions in Croatia often form and impediment to accelerated progress and especially hinder economic modernization and catching up to Western performance. We argue that business making is characterized by a lack of trust in outsiders and networks and relationships that often ex ante exclude third-party from participation or even insight. These patterns are persistent in various kinds of economic relationships, be it in supplier-producer, seller-buyer, of financing relationships. We will identify those areas in which such exclusive business relationships exist, explain their origin, and analyze the economic effects of such. Although informal institutions can hardly be influenced by political measures, we will develop certain basic approaches for policy makers to break of the often cumbering structures.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
ISBN 9958-605-89-9 (conference proceedings)

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