Naslov
IMPACT OF BUSINESS ENVIRONMENT ON THE DEVELOPMENT OF REGIONAL IT SECTOR: CASE OF EASTERN CROATIA
(UTJECAJ POSLOVNOG OKRUŽENJA NA RAZVOJ REGIONALNOG IT SEKTORA: SLUČAJ ISTOČNE HRVATSKE)

Autori
Bestvina Bukvić, Ivana

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

Izvornik
7th International Scientific Symposium ECONOMY OF EASTERN CROATIA - VISION AND GROWTH 7. Međunarodni znanstveni simpozij GOSPODARSTVO ISTOČNE HRVATSKE - VIZIJA I RAZVOJ / Prof. dr. sc. Anka Mašek Tonković, izv. prof. dr. sc. Boris Crnković - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2018, 719-727

Skup
7. međunarodni znanstveni simpozij: Gospodarstvo istočne Hrvatske – vizija i razvoj = 7th International Scientific Symposium: Economy of Eastern Croatia – Vision and Growth

Mjesto i datum
Osijek, Hrvatska, 24.05.2018. - 26.05.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
regional IT sector performance, financial analysis, financial indicators, regional IT sector development obstacles, investments.

Sažetak
The Information technology sector (IT) is one of the most important economic sectors by its contribution to the operational efficiency of all other industries and consequently to the overall economy. There is no other business activity that equally affects the development of all spheres of society, business sector and public administration. As well, this sector was one of the few in the course of the last economic crisis, which did not have a strong decline of the business revenues and employment. However, despite the above, the publications on the Croatia IT sector emphasized the existing obstacles to the continuation of its progressive development. Some of those are non-stimulating business environment, the inflexibility of the education system (resulting in the inadequate supply of skilled labour), the low level of available financial supports utilization, the absence of double taxation agreements with some of the largest world markets etc. The aim of this paper is to determine the impacts of the existing business environment on the regional IT sector performance, measured by selected financial indicators. Therefore, this paper presents the review of relevant literature and the results of the financial analysis of the largest IT companies of Eastern Croatia (that includes 62 and 63 codes of NACE classification) for the period 2012 to 2016. In accordance with stated above, the research comprises financial and statistical analysis of selected financial indicators including variations of business revenues, EBITD, EBITDA, NPM, CapEx, NIPE, RoA, total assets horizontal analysis, etc. The research gave the insight of the development trends of regional IT sector and insight of possible development obstacles, which can in the future be the basis for designing the recommendations for policy-makers.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA