Higher growth is a key goal of companies, governments, and societies. Economic policies often attempt to attain this goal by targeting companies of certain sizes that operate in specific industries and focus on a specific business activity. This approach to policy making has considerable shortcomings and seems to be less than fully effective in increasing economic growth. We suggest a new approach to policy making that stems directly from the entrepreneurial perspective. This approach examines a successful business strategy framework - the Blue Ocean Strategy- to discover conditions for high growth. We test the propositions on empirical data for two cases of successful high-growth business, namely Slovenian gazelles and Amazon.com. The results reveal a gap between the macro level of economic policy making to achieve higher growth and the micro level of business growth. The findings call for a change in the focus of economic policies on specific size companies, industries, and business activities to intraindustry cooperation, collaboration between companies of different sizes, value innovation, and creation of uncontested markets.
F.25 Development of new organisational structures and managerial solutions
COBISS.SI-ID: 20760038The article explores how SMEs asymmetric relations with different stakeholders undermine their capacity of getting financial resources and accessing markets. The author points to dependency as the distinctive feauture of SMEs and discusses what can be done from the policy perspective to address it. Furthermore, the author stresses the importance of considering the nature of the linkages among firms in production networks and value chains. The article focuses on the case of Slovenia where SMEs performed rather well after the drop in employment and value added experiences in 2007 and 2008. It throughly analyses the Slovenian Program of Measures for Promoting Entrepreneurship and Competitiveness 2007-2013, that is the key document in country's strategy which was revised in 2009.
F.25 Development of new organisational structures and managerial solutions
COBISS.SI-ID: 31667549We use matched employer-employee data to examine gender differences in pay over a 15-year period (1993-2007) in Slovenia to understand how labour market stratification may be impacted by systemic economic change. The central finding of our analysis is that there was a substantial increase in gender inequality over this period, and that the organisation of gender inequality changed as well. In the period from 1993-1997, both the overall gender pay gap and the within-job wage gap were roughly 15 percent, but by 2003-2007 men on average earned roughly 23 percent more than women, and 18 percent more than women doing the same work for the same employer. Further, we show that women doing the same work for the same employer earn significantly less even in the public sector, where we had expected to find less gender inequality. We conclude by discussing the implications of our findings for understanding gender inequality in Slovenia and the kinds of policies that might serve to ameliorate these differences.
F.25 Development of new organisational structures and managerial solutions
COBISS.SI-ID: 31782493