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Management: Journal of Sustainable Business and Management Solutions in Emerging Economies
2018, vol. 23, br. 3, str. 33-45
jezik rada: engleski
vrsta rada: neklasifikovan
doi:10.7595/management.fon.2018.0017


Does competitiveness have anything to do with people?
(naslov ne postoji na srpskom)
aInstitut ekonomskih nauka, Beograd
bUniverzitet u Beogradu, Fakultet organizacionih nauka

e-adresa: bjelicad@fon.bg.ac.rs

Projekat

Organizacione i informacione podrške sistemu upravljanja kvalitetom kao ključnim faktorom povećanja konkurentnosti naših preduzeća i njihiovog bržeg izlaska na svetsko i EU tržište (MPNTR - 179001)

Sažetak

(ne postoji na srpskom)
Research Question: Improvement of the educational system facilitates access to labour market and affects stability as well as the competitiveness index. On the other hand, the country with a high score of GCI has a better educational system and more stable labour market. Motivation: Our goal was to investigate how important it is for a country to have educated people and how difficult it is to achieve a high rank in labour market efficiency without them. Results of the previous studies showed that higher education is connected with the labor market. According to this statement in the paper we analyzed two indicators, the Higher education and training and Labor market efficiency and their influence on the competitiveness score of the countries. Idea: The main idea was to analyze how higher education and training and labor market efficiency impact the competitiveness score of the country. Data: The data were collected from The Global Competitiveness Report 2015-2016. We analysed the influence of Higher Education and Training pillar and Labour Market Efficiency pillar on the overall rankings of 15 top competitiveness countries and 10 Balkan countries. Tools: In the paper we used correlation, clustering, and regression analyses. First, we compared the GCI 2015-2016 and the GCI 2014-2015. Second, we did cluster analysis between influential indicators in higher education and training pillar (pillar 5) as well as for Labour market efficiency pillar (pillar 7) to identify the difference between top 15 and the Balkan region countries. The regression analysis has been performed to determine the most influential indicators on GCI in pillar 5 and pillar 7. Findings: The most important result is that the human resource development and market demands for competences affect the development of the country's economy. Contribution: Results may have important implications for labor market efficiency and strategic national labour market framework development.

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