Naslov
Challenges to the Assassment of Beneficial Effects Generated by Free Zone: Lessons from Croatia

Autori
Borozan, Đula

Izvornik
International journal of business research (Turlock, Calif.) (1555-1296) V (2006), 1; 15 - 20

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
free zone; costs; benefits; success factors

Sažetak
Experiences of former transition countries indicate that a free zone represents an important policy instrument for the attraction of foreign direct investment, especially the greenfield ones. Furthermore, experiences of developed countries indicate a free zone can act as a policy instrument for promoting regional development and development of a country as a whole. However, all zones around the world are not equally efficient and effective. This paper looks at some of the recent zone development in Croatia. It has two main goals: first, to address some of the challenges to the assessment of the beneficial effects generated by free zones ; second, to explore the factors underlying the success of a zone. Efficiency and effectiveness of a free zone is derived from its own specific characteristics and chosen model of behavior, as well as from the characteristics of the local and macro framework conditions in which it is established. Accumulated experiences and business results of Croatian free zones have pointed out the crucial importance of behavior model and quality of the local framework conditions.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA