Research Paper economics

Analysis of competitiveness of domestic enterprises on the global market

SS

Sanja Stanisavljev

sanja@tfzr.uns.ac.rs

Dejan Đorđević

Dragan Ćoćkalo

Journal Information

Journal

The European Journal of Applied Economics

Volume / Issue

Vol. 9, No. 1 (2012)

Pages

1–8

Published

11 November 2011

Abstract

The paper analyzes the competitiveness of enterprises in Serbia, the factors that are essential primarily for their survival and then their growth on a dynamic, modern market. Lack of knowledge, obsolete equipment, inadequate use of management techniques and modern technologies lack of financial capital are some of the factors that contribute to a precarious competitive position. The World Economic Forum reports about the alarming decline of the average assessment of competitiveness, which was 3.90 in 2008 and 3.84 in 2010. Also, there was a decline in the list of competitiveness of countries in transition – from the 13th place in 2008to the 15th place in 2010.

Keywords

CompetitivenessModern businessInnovation

Citation

Sanja Stanisavljev, Dejan Đorđević, Dragan Ćoćkalo (2012). Analysis of competitiveness of domestic enterprises on the global market The European Journal of Applied Economics. 9(1) 1–8.