Orientation Of The Serbian Industry To Innovation And Quality Competitiveness Cover Image

Orijentacija industrije Srbije ka konkurentnosti inovacijama i kvalitetom
Orientation Of The Serbian Industry To Innovation And Quality Competitiveness

Author(s): Ljubodrag Savić, Gorica Bošković, Vladimir Mićić
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: Serbian industry; competitiveness; innovation; product quality

Summary/Abstract: One of the most important issues of industrial development represents the industry's capability to become involved in international economic flows. This issue is especially important for small countries, such as Serbia, to which the only path is their integration into the world economy in order to secure the stable economic growth rate and the increase in population's living standard. This implies stable and high growth tempo of the export of industrial products of adequate technological level and quality aligned with the demand in the world market. In the past development processes, Serbia has not achieved the satisfactory economic and technological competitiveness of the industry. It involves the structural problem, primarily conditioned by scarce capability of industrial enterprises to decrease the business costs and improve product performance. The paper warns of the highly unfavorable international position of Serbia in terms of achieved competitiveness of the industry and at the same time elaborates on innovation and product quality as key factors that can incite that competitiveness.

  • Issue Year: 2012
  • Issue No: 1
  • Page Range: 27-38
  • Page Count: 12
  • Language: English