Bojan Leković

University of Novi Sad · Department of Management

This paper aims to examine the impact of different cooperation mechanisms with customers on the development of process innovation in companies. in ??AP Vojvodina in the Republic of Serbia. Customer collaboration mechanisms include information sharing with customers, joint problem solving with customers, and technology used in customer relationships...

This paper examines the impact of debt in the capital structure on agency costs and therefore on the performance of a company. The efficiency of companies was estimated using two parametric techniques: Ordinary Least Squares (OLS) methods and a Stochastic Frontier Analysis (SFA). The estimated efficiency represents a measure of (inverse) agency cos...

The subject of this paper's analysis are the determinants of entrepreneurs in the early stages of the development of their ventures in logistic industry. The goal is to identify the factors that influence the decision to engage in entrepreneurial activity in the logistics sector. For the analysis, the Global Entrepreneurship Monitor (GEM) database...

This paper focuses on the factors that decisively influence the practice of agro-entrepreneurship in the early stages of the entrepreneur’s development (demographic, motivational and internationalization factors). The results showed that people who have left their studies are more inclined to start entrepreneurial ventures in the agro-sector than t...

The paper is based on the findings of the research of students of business administration in the countries of the Western Balkans and aims to identify the impact of entrepreneurial barriers on their intentions to start entrepreneurial ventures. Barriers are classified into four categories. The first category is knowledge and skill barriers. The sec...

This article investigates drivers for the internationalization of nascent entrepreneurs and new business owners during the age of the digital transformation of Southeast European countries (SEE). Empirical research conducted on a sample of 4,066 international entrepreneurs in seven SEE countries has provided empirical evidence of the impact that in...

The subject of this paper's analysis are the factors that influence the decision of entrepreneurs to choose a career in the field of logistics in the early stages of the development of entrepreneurial ventures in Europe. The research identified demographic factors (employment status, age and household size), growth and internationalization of busin...

The subject of research in the paper is the capital structure of companies in the Republic of Serbia. The research sample consists of companies that operated in the manufacturing industry in the Republic of Serbia in the period 2006–2020. The aim of the research is to identify firm-specific variables that have significant influence on the capital s...

This paper aims to examine the relationship between entrepreneurial attitudes of national culture and innovative entrepreneurial orientation (IEO). The empirical research employs multiple linear regression models, utilizing data obtained from the Global Entrepreneurship Monitor. For the purpose of empirical research, we selected samples of early-st...

The subject of the paper is a complex area of ??application of the concept of open innovation. The aim of this research is to identify the perception of the application of the concept of open innovation, more precisely cooperation with the competition, entrepreneurs / tenants of business incubators in the Republic of Serbia. The online questionnair...

We investigated the factors influencing the intention of entrepreneurs driven by opportunity (ODE) and entrepreneurs driven by necessity (NDE) in the countries of South-East Europe (SEE). The aim of the paper was to identify the key factors of entrepreneurial intentions of ODE/NDE and to propose measures the application of which can transform NDE i...

This paper aims to investigate the main drivers of sustainable profitability trends in the Serbian insurance industry over the years 2008–2019 (inclusive). Our study is motivated by the fact that insurance companies contribute to economic growth, and thus it is essential to understand the factors that contribute to their financial strength and stab...

We introduce the term “prolonged emergency remote teaching” to accentuate the temporal aspect of the current educational crisis. In-depth lived experiences of students and teaching staff in one engineering education institution were examined, in order to depict what being involved in an exclusively online communication feels like from the personal...

With this paper, we aim to examine the relationship between cognitive, social, and demographical factors, as well as national culture and its relationship with social entrepreneurial activity in Southeast Europe (SEE). The empirical research employs a binary logistic regression model, utilizing data obtained from the Global Entrepreneurship Monitor...

The Republic of Serbia is in the group of European countries, which have evident problems regarding the wastewater treatment. The main goal of the entire research is to point out the future of the process organization, as well as the correlation between the conduction of a concept of business processes and achieved performances management, based on...

The paper investigates the main micro-specific profitability determinants of the insurance industry in Serbia, covering the period 2008–2016. Data set includes accounting ratios for 19 universal insurers, officially reported by the National Bank of Serbia (NBS). We have estimated the fixed effects model using the OLS and GLM estimation procedures,...

Nakon početne faze nagle ekspanzije i visokih zarada, na kripto tržištu je usledila faza pojave prvih nezakonitih aktivnosti i pada poverenja kod investitora, što je pokrenulo pitanje regulacije kriptovaluta na institucionalnom nivou. Predmet istraživanja u radu jeste regulacija kriptovaluta sa posebnim osvrtom na računvodstveni aspekt. Rad sažeto...

Most entrepreneurs have adequate knowledge and skills, however, they lack internal resources for commercialization of products on foreign markets. This group of entrepreneurs recognizes the chance through collaboration with other organizations, ensuring the engagement of new technologies that contribute to fast and early commercialization on the gl...

The main objective of this paper is to determine the factors of influence on growth aspired entrepreneurial ventures in order to determine characteristics of these entrepreneurs in the SEE region. We draw upon data from the Global Entrepreneurship Monitor international survey in order to provide deeper insight into the high-growth entrepreneurship...

The main objective of this paper is to determine the factors of influence on high-growth expectations in order to determine the characteristics of these entrepreneurs in SEE region. For the purpose of this research, data from the Global Entrepreneurship Monitor was used. For the purpose of this research, the authors included six countries in resear...

Corporate social responsibility (CSR) and sustainable development are concepts that at their core deal with the socially responsible behavior of economic and political actors, i.e. balancing economic, social and environmental goals. CSR is linked to all aspects of management, especially Human Resource Management (HRM). HRM occupies a special place...

The subject of this research represents analysis of internationalisation activity of early-stage entrepreneurs in South East Europe region (SEE). The goal of this study is to determine characteristics of export oriented entrepreneurs from SEE region through the study of factors influencing international orientation. Geographical area of this resear...

Purpose The purpose of this paper is to research the impact of one of HRM activities, employees’ development, on the level of organizational innovative performances. HR development techniques that organizations use in order to develop employee’s knowledge, skills and abilities and their impact on the perceived level of organizational innovativeness...

Through their role, entrepreneurs differently contribute to economic activity and economic development of national economies. Some of them are driven by the development of new products/services and new markets, others try to increase their business and number of employees in line with their company’s needs, while some of them see their opportunity...

Research area of this study includes determinants that have an influence on international ventures of early-stage entrepreneurs, nascent and new business owners. The research implies determinants such as: entrepreneurial motivation, innovation activity, use of new technology and demographic factors - gender and age. Data for the research was provid...

In today’s dynamic business environment, there is a high demand from markets for organisations to improve their products and services. To meet this, there is a need to provide business process improvement (BPI) methodologies that are holistic, structured and procedural. The main aim of the paper is to develop a practical methodology to support the...

The incentive for launching an entrepreneurial venture determines also the entrepreneur’s striving towards the growth of the venture, development of innovation or business internationalization. Assessment and understanding of outcomes of the launched entrepreneurial venture is possible if one have insight into both endeavor and motivation of an ent...

Countries at a different level of development exhibit a variety of entrepreneurial initiatives and activities in terms of motives of entrepreneurial behavior, but also the scope and structure of entrepreneurial ventures. The aim of this paper is to explore the relationship between the degree of economic development and the motives of entrepreneuria...

Leadership is a topic that attracts the attention of a large number of scientists and researchers who in their papers examine the issues of effective leadership. During previous research in this area different methodologies were used, but in recent decades one of the most prominent is MLQ questionnaire (Multifactor Leadership Questionnaire - MLQ),...

Human resource management (HRM) in contemporary economics is linked to a company’s success measured through numerous organizational measures (profitability, productivity, rate of innovation, market share, environmental performances, etc.). The role of HRM in large enterprises is relatively known, especially when the competitiveness and sustainable...

The basic goal of this work is the cognition of fundamental entrepreneurial motives (necessity and opportunity) depending on general social and entrepreneurial opportunities according to the stages of entrepreneurial process. The work presents the results of the analysis of selected variables previously cited appearances based on data from the GEM...

Performance management (PM) is a very important process of human resource management (HRM), in general. It implies an assessment of current or previous results or performance of the employee, team or the whole organization. It is a base for many business practices related to HRM: the need for staff training, new recruitment, career development, rew...

Entrepreneurship is the best reflected in the areas that provide the most innovative possibilities and opportunities. Since it implies risk, uncertainty and creativity, it is important to analyze many barriers that can harm the process so that those could be avoided or minimized. In that sense, it is important to explore the perceptions of entrepre...

GEM approach in measuring the volume of entrepreneurial activities and their interrelations with the general social, economic and entrepreneurial conditions, on the one side, and the results of economic activities at the level of national economy on the other side, gives a whole, systematically and methodologically well established understanding of...

Factors affecting entrepreneurship, both, internal and environmental, form the framework within which an enterprise has to make business plans and do business. The goal of this study is to explore and define the barriers to entrepreneurship development in Montenegro. Therefore, this study identifies the most significant barriers that have strong ne...