Naslov
Future at Stake: Key Pillars Aggravating Croatian Pathway to Prosperity

Autori
Radman-Funarić, Mirjana ; Pisker, Barbara ; Radman, Mateo Ivan

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

Izvornik
RED 2021 : Proceedings of 10th International Scientific Symposium „Region, Entrepreneurship, Development” / Leko Šimić, Mirna ; Crnković, Boris - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2021, 967-983

Skup
10th International Scientific Symposium Region, Entrepreneurship, Development (RED 2021)

Mjesto i datum
Online, 17.06.2021

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Prosperity index ; Enterprise conditions ; Social capital

Sažetak
Prosperity is an omnipotent and ultimate development goal. Its multidimensionality broadens from the core simplicity of a pure economic myth of society hooked on growth towards augmented reality enriched by societal and environmental aspects. Although current mainstream research still predominantly narrows the aspect of growth onto its pure economic dimension, interdisciplinary of opened social sciences rooted in the sociology of economics and environmental economics promoted an inclusive vision of enriched future development pathways. This paper primary goal is set to investigate the interrelation between two Legatum Prosperity Index (PI) pillars Enterprise Conditions and Social Capital in Croatia within the European Union frame. The paper also observes the relationship towards the other pillars of PI namely: Safety & Security, Personal Freedoms, Governance, Investment Environment, Market Access and Infrastructure, Economic Quality, Living Conditions, Health, Education, Natural Environment. Pillars themselves are categorised into three domains: Inclusive Societies, Open Economies and Empowered People aiming to ensure a holistic approach to the topic investigated. The panel sample included EU-27 countries between 2007 and 2020. The overall number of observations is 378 and the analysis included two methods: bivariate correlation and hierarchical multiple linear regression (through three models). The results gained show that Investment Environment, Market Access and Infrastructure, Education, Governance pillars positively affect Enterprise Conditions of EU- 27 countries. Although Social Capital has a significant and positive effect on Enterprise Conditions but is not strong. Statistically significant but the weak negative link between Natural Environment and Safety & Security with Enterprise Conditions is also shown. Finally, the conclusion, limitations and further research development in the topic frame are stated.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Sociologija, Interdisciplinarne društvene znanosti

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