Global cultural zones the empirical way: value structure of cultural zones and their relationship with democracy and the communist past

The paper empirically identifies the world’s cultural zones, comprised of the countries with the distinctive patterns of values, and determines their relationship with the country’s communist past and current state of democracy. The analysis is based on the countries’ average values on the two main dimensions of cross-cultural variations: the traditional versus secular-rational and the survival versus self-expression values. The World Values Survey and European Values Study data from 101 countries were used. The K-means method of cluster analysis and the Variance Ration Criterion for determining the final number of clusters were performed. The solution with three clusters appeared as the most appropriate and theoretically meaningful, representing three broad cultural value syndromes. The first value syndrome was defined by low self-expression and high secular-rational values (the zone of secularized authority), the second one by low secular-rational and low self-expression values (the zone of traditional authority), while the third was characterized by high values on both value dimensions (the zone of emancipation). The countries’ cluster membership is highly correlated with the (non-)communist past and the level of socioeconomic development. The countries in three cultural zones significantly differ in terms of the state of democracy: democracy is more fully developed in the countries in the cultural zone of emancipation, and the least developed in the countries with the prevailing traditional authority cultural outlook.

     

Examination of travel and tourism competitiveness contribution to national economy competitiveness of sub-Saharan Africa countries

The purpose of this research is to examine the influence of travel and tourism competitiveness (measured by the Travel & Tourism Competitiveness Index [TTCI]) on the national economic competitiveness of sub-Saharan Africa (SSA) countries (measured by the Global Competitiveness Index [GCI]). The aim is to identify critical factors for improving competitiveness of SAA countries from the area of tourism competitiveness. The study was conducted using the following methods: regression, cluster and grey relational analysis (GRA). Results reveal that travel and tourism competitiveness has a high impact on national competitiveness in the analysed group of countries. The study identified three homogeneous groups within SSA countries according to the TTCI pillars. The different impact of the TTCI on the GCI is determined in each of these three homogeneous groups of countries. The outcomes of this study could provide recommendations for tourism development policy-makers in SSA countries based on the results of GRA.     

Mobile Dwelling Unit Developed by a Group of Mechanical Engineering Design Students

The increasing number of homeless people is one of the most burning problems of nowadays world. Society has to find the way to fight against it and provide help to those people that have no place to stay. For short-term interventions, the application of the mobile dwelling units seems to be the only possible solution. However, existing mobile dwelling units are rather limited to specific areas of application. A group of students faced this problem and decided to develop an alternative, more universal mobile dwelling unit that will fulfil a wide range of different technical and social requirements at a reasonable price. The paper describes a systematic approach to development of the mobile dwelling unit, which was performed as a part of the education process at the Faculty of Mechanical Engineering, University of Maribor. The project presented is interdisciplinary. In addition to the educational aspect that is emphasized in this paper, technical, economic and social aspects of the project have also a very important role. From educational point of view, the project was concluded successfully. Moreover, we believe our proposal for a mobile dwelling unit is both novel and suitable for general application. This revised version was published online in July 2006 with corrections to the Cover Date.     

Where is Serbia? Traditions of Spatial Identity and State Positioning in Serbian Geopolitical Culture

This article studies the geopolitical traditions of spatial imagining of Serbia amongst the country’s political elites since the break-up of Yugoslavia in the early 1990s. It examines some of the socially dominant discourses of spatial positioning of Serbia as a historical-political narrative. The study argues that one can identify five distinct geopolitical traditions that, in variably overlapping or mutually contradicting ways, address two questions: ‘Where is Serbia’ and ‘How is its perceived smallness felt and described’? A first tradition is that which attributes sacred, divine and martyr-like features to the country, its small earthly “Serbian lands” and people. A second tradition conveys spatially maximised and biopolitical visions of “Serbdom”, amounting to variable designs of a “Greater Serbia” anxious about its felt frontiers and smallness. The final three traditions are the mutually exclusive positioning of Serbia around an East-West axis as either Eastern or Western, or a geographically unique and exceptional bridge between the two, whereby each positioning recasts smallness as a crucial feature of geopolitical exceptionality. The article concludes with some general observations on the challenges of studying geopolitical cultures.     

Secrecy versus Transparency—A Comparative Study of Social and Environmental Disclosure Practice in Croatian and Swedish Corporations

Both agency, institutional, and cultural factors seem to explain transparency and disclosure practice. The aim of this study is to make a comparative study of disclosure practice among listed corporations in Croatia and Sweden. The study shows that Swedish corporations disclose significantly more social disclosures than Croatian corporations. Size and industry have a strong explanatory power in Sweden. In Croatia, industry has some explanatory power but surprisingly not firm size. However, unlike Sweden, the variable audit firm has an explanatory power in Croatia.     

Identifying and ranking novel indicators of MSMEs innovation potential

ABSTRACT

The aim of this paper is to present the research on the identification and ranking of innovation potential indicators of micro, small and medium enterprises (MSMEs). The main innovation management challenge is to recognise and measure factors that enable innovations. In that sense, the key 6 criteria and 41 indicators that describe innovation potential of MSMEs have been identified, based on expert judgment and the selected literature review in the field of innovation and entrepreneurship. Next, the rank of every indicator based on an expert’s assessment was determined by using Fuzzy AHP approach. A case study was conducted for Serbian MSMEs. The holistic approach, applied in this research for the identification of the innovation potential criteria and indicators, represents novelty and contribution to the literature. The presented procedure of the innovation potential indicators selection and ranking could be used as a bench-marking tool, to help managers to improve innovation capacity of the company.     

New perspectives on CESEE insurance markets

The insurance markets of Central Eastern and Southeastern Europe (CESEE) present a unique landscape characterized by intricate geopolitical and institutional dynamics. Despite being a relatively small region, the countries within CESEE navigate a complex political and institutional environment. The development of insurance markets across CESEE is marked by considerable disparities, reflecting diverse approaches to market reforms. Despite the markets being open, a lack of competition prevails, with a pronounced presence of multinational insurance groups and their foreign affiliates. This paper provides an update on current challenges in the region.     

Life insurance demand and borrowing constraints

The literature devoted limited attention to exploring the relationship between financial development and life insurance demand. Financial development supports life insurance supply by providing confidence in the financial system, more efficient payment systems, and higher availability of financial instruments. However, financial development reduces households' needs to save by relaxing borrowing constraints, indirectly affecting life insurance demand. We contribute by providing a demand‐driven explanation of the negative consequences of financial development on life insurance development. We find that more credit‐constrained countries have higher life insurance penetration on average. Indirectly, the role of borrowing constraints signifies the importance of life insurance policies as a financing tool in case of the realization of various background risks. This study integrates the knowledge from life insurance theory, life insurance lapse, policy loans demand, and saving under liquidity constraints literature and produces implications for researchers, policymakers, and life insurers.