Suchergebnisse

Abstract
From a negligible market niche in the entertainment industry, video game publishing has become extremely profitable. The emergence of the video game digital distribution platforms has established a permanent connection between the player and the publisher, making it possible to expand the offer. This led to emergance of the game as a service model, based on a continuous flow of revenue from the sale of additional content in an already distributed game. Revenues generated from the sale of virtual goods within the game are called microtransactions. The subject of this paper is the attitudes of video game players in Serbia and Poland towards different types of microtransactions. The paper has two key objectives: first, to determine whether there are differences in attitudes towards different types of microtransactions, and, second, to determine whether there are differences in attitudes of gamers from Serbia and Poland. In order to achieve these objectives, gamers are given a questionnaire to express their views regarding microtransactions. The existence of statistically significant differences in the attitudes of gamers classified in these two samples is determined for all observed forms of microtransactions, using the t-test.

One of the main aims of the paper is to estimate how sustainable is the transition of Western Balkans to the European union and to present scenario analysis for this region. The new momentum for real chance of success in accession process towards European Union depends on both economic results and political will of the governing bodies. In this respect, more flexible and differentiated approach towards the Western Balkans is required to enable the exploitation of economic potentials and reduction labour market gaps. Western Balkan Countries' ability to assume obligations of EU membership are summarized by using selected indicators which indicate the readiness of each country to integrate and to harmonize economic system. Taking into account the six transition qualities (Competitive, Well-governed, Green, Inclusive, Resilient, Integrated),the ranking of the Western Balkans countries was performed. By calculating the Pearson coefficient for economic potential (measured by GDP per capita) and the labor market indicator (Average monthly gross wages) in the period 2012-2017. for six Western Balkan countries, it is concluded that there is strong positive correlation between them. The basic research question which has been tested during the research is whether country rank based on transition qualities, respond to country rank based on labour market indicators (such as Average monthly gross wages).

Abstract
The underying idea behand the foundation of the European Union is a single, integrated and competitive market. The future of the entire Western Balkans region (Albania, Bosnia and Herzegovina, Kosovo*, Montenegro, North Macedonia and Serbia) lies within the European Union. The main purpose of this paper is to explore the multiplicative effects of the alignment of European Union regulations with the competition policy in Western Balkan countries. In addition, the paper is designed to highlight the specific issues, challenges in this field, and provides an overview of empirical trends. A combination of qualitative and quantitative approach proposes methodological framework which recognizes different economic environments and regulatory frameworks. By comparing selected economic indicators related to competiton authorities (number of staff in the national authorities, annual budget of the national authorities, number of prohibited agreements, abuse of dominant position, notification of concentrations, opinions), the authors give a reliable basis for comparative progress analysis in this filed. Using multi-criteria optimization as a key method, as well as network and input-output display, the obtained results suggest country whose competition authority is efficient frontier. The significance of this research stems from the current debate whether the harmonized competition policy should speed up and facilitate the process of the accession of new member states to the European Union.

The starting hypothesis is that the market structure to a large extent determines the conduct and the level of the achieved performance of economic entities. The aim of this paper is to determine the theoretical and empirical correlation between market structure, conduct, and performance of economic entities. The paper provides an analytical overview of the mobile telecommunications market in the Republic of Serbia. By using different indicators (the Concentration ratio, the HHI, the Lorenz curve, and the Gini coefficient), the supply concentration in this market is measured and the nature of competition is analysed. By using statistical methods (correlation and simple linear regression analysis), the correlation between the variables, which confirmed the existence of a strong positive correlation between the degree of supply concentration on the market and the level of achieved performance is examined.

The achieved level of economic development determines the degree of industrial development in one country. The aim of this paper is to identify the key determinants of the new industrial policy of Serbia, in the context of European integration processes. The same is based on the analysis of strategic documents of Serbia and the European Union, governing the industrial development for the period up to 2020. Particular attention is paid to the monitoring of developmental dynamics and trends in improving industrial competitiveness. It has been noted that the achieved level of industrialization defines the industrial competitiveness of a national economy. Serbia needs an efficient, industrially competitive economic structure that will be able to meet the growing demands and challenges of the market. Only a properly designed and consistently applied industrial policy can follow the European developments in the future.Key words: new industrial policy, the European integration process, The Competitive Industrial Performance Index (CIP), the development and competitiveness of the industry.

The achieved level of economic development determines the degree of industrial development in one country. The aim of this paper is to identify the key determinants of the new industrial policy of Serbia, in the context of European integration processes. The same is based on the analysis of strategic documents of Serbia and the European Union, governing the industrial development for the period up to 2020. Particular attention is paid to the monitoring of developmental dynamics and trends in improving industrial competitiveness. It has been noted that the achieved level of industrialization defines the industrial competitiveness of a national economy. Serbia needs an efficient, industrially competitive economic structure that will be able to meet the growing demands and challenges of the market. Only a properly designed and consistently applied industrial policy can follow the European developments in the future.

Agreed upon by the United Nations, the seventeen Sustainable Development Goals (SDGs) set out a framework to tackle the world's most pressing social, economic, and environmental challenges in the lead-up to 2030. They provide a network to support business in managing risks and identifying market opportunities. The Sustainable Development Goals have the potential to accelerate innovation and economic growth. However, the ambitious goals will require new models of collaboration between companies, sectors, countries, and regions. The special attention in this paper is given to the analysis of the achieved results in the Western Balkan countries in 2018 measured by the composite indicator such as Sustainable Development Goals Index. The basic research question in the research is: Are all the Western Balkans countries lagging behind the average of the region Eastern Europe and Central Asia in achieving the sustainable development goals?

The special attention in this paper is paid to the analysis of the relationship between foreign direct investment, economic sovereignty and technological dependence of the countries in the context of sustainable development. One of the most serious consequences resulting from the entry of foreign direct investment into the host country is, surely, the possible danger of endangering the national sovereignty. This danger is even greater if a country is technologically dependent and socially divided. In general, the economic sovereignty is one of the most important components of the national sovereignty. The concentration of power, economic, political and financial, in multinational companies, provides the opportunity for them to control the economic and social life of the host country, through direct investments. The purpose of the paper is to identify the negative effects of foreign direct investment on the economic sovereignty of national economies through the role of the multinational companies in developing the economic structure and achieving the development priorities of the host country. The paper highlights various aspects of the technological dependence of the host country, due to the technology transfer is often realized through foreign direct investment. Therefore, in order to achieve sustainable development and the preservation of the national and the economic sovereignty, most developing countries take measures to control the activities of multinational companies.

Goals and potential effects of fiscal decentralisation have been analysed in numerous scientific papers and studies. Empirical data shows different or even contradictory results of fiscal decentralisation expansion even though fiscal decentralisation is based on a solid theoretical framework. Fiscal decentralisation might have a positive impact on investment, GDP growth, quality enhancement of healthcare, education and social protection. The purpose of this paper is to provide empirical evidence whether fiscal decentralisation was primarily led by the economic or political rationale in the selected EU member states – 11 CEE and SEE countries. The EU integration process created a pressure on new member states which joined the EU between 2004 and 2013 to implement fiscal decentralisation policies. The goal of this paper is to quantitatively and qualitatively investigate whether all analysed countries followed the fiscal decentralisation path and what were the predominant reasons for fiscal recentralisation.

The importance of this research stems from highly concentrated markets of voluntary pension funds, on the one hand, and intensive competition pressure among market participants, on the other. The main purpose of this paper is to evaluate the static and dynamic relationship between a pension fund's market share and value of its investment unit. The research was designed to monitor the changes in the size of market share and investment units in the period from 2008 to 2017 in the funds in the Republic of Serbia. The main findings suggest that the size of market share of individual voluntary pension funds has no influence on the growth of investment unit value. Contrary to the static approach, the dynamic approach argues that the changes of market share affect the performance of voluntary pension funds. The obtained results indicate that the performances of individual pension funds do not depend on their size, but rather on their ability to occupy a larger portion of the market and increase their market share. This paper provides a systematic review of the relevant empirical literature on internal and external determinants of a pension fund's performance. It represents a significant contribution to the understanding of market factors, such as market share and value of investment units.

This research monograph consists of 17 papers under the framework of contemporary economic and business issues which we can structure into several main research fields. These fields relate to the regulation of economic and business activities, especially in the context of digitalization processes, fiscal and monetary issues, dealing with the impact of digitalization and COVID19 pandemics on traditional academic and business debates, as well as on innovation processes in both government and the corporate sector. We can borrow the phrase from one of our papers and confirm that the papers presented show that the innovative market and digital society, as the new global development and technology paradigm of the modern world, together with its capabilities and standards, has changed the character of entrepreneurship and the state/government in terms of their new interactions. Thus, the contributions from the research monograph are made more urgent by the main objective of introspection of the traditional economic and business sectors and activities under the prism of digital transformation. The researchers were particularly interested in the impact of the COVID19 pandemic on the economic and business sectors. Although the conference was held in the midst of the pandemics, researchers were able to present valuable studies showing the extent of the threat posed by COVID 19 to the public health and economic outcomes of EU citizens. Significant pressure was placed on member state spending, particularly in countries with lower fiscal capacity, resulting in a severe temporary deterioration in the fiscal deficit and public debt. It is also noted that the crisis COVID -19 will have an uneven impact on member states and could deepen their divergence. Therefore, new and creative fiscal policies to support investment in digital transformation, green transition and innovation are of utmost importance. This monograph provides some guidance.