The concept of sustainable regional development – institutional aspects, policies and prospects

Growing market globalization, increasing global competition, more complex products results in application of new technologies, methods and business processes – due to the abovementioned tendencies novel supply chain strategies (Lean, Agile and Leagile Supply Chains) are established. In this study th...

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Main Authors: Radislav Jovovic, Mimo Draskovic, Milica Delibasic, Miroslav Jovovic
Format: Article
Language:English
Published: Centre of Sociological Research, Szczecin 2017-05-01
Series:Journal of International Studies
Subjects:
Online Access:http://jois.eu/?326,en_the-concept-of-sustainable-regional-development-%E2%80%93-institutional-aspects-policies-and-prospects
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author Radislav Jovovic
Mimo Draskovic
Milica Delibasic
Miroslav Jovovic
author_facet Radislav Jovovic
Mimo Draskovic
Milica Delibasic
Miroslav Jovovic
author_sort Radislav Jovovic
collection DOAJ
description Growing market globalization, increasing global competition, more complex products results in application of new technologies, methods and business processes – due to the abovementioned tendencies novel supply chain strategies (Lean, Agile and Leagile Supply Chains) are established. In this study these supply chain concepts are being described and compared. Virtual enterprise is a temporary alliance of enterprises that come together to share their skills, core competencies, costs and resources in order to better respond to rapidly changing market environment and dynamic customer demands. Economic and social benefits and effects of virtual enterprises for customers and production companies and service providers are also described. Optimization software has been developed for optimal formation of virtual enterprise networks and is also introduced in this study. The aim of this software application is to define virtual enterprise as the optimal combination of supply chain members.
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institution Kabale University
issn 2071-8330
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language English
publishDate 2017-05-01
publisher Centre of Sociological Research, Szczecin
record_format Article
series Journal of International Studies
spelling doaj-art-a64d2398c6b84de7ac85d836bf683c4a2025-08-20T03:38:44ZengCentre of Sociological Research, SzczecinJournal of International Studies2071-83302306-34832017-05-0110110.14254/2071-8330.2017/10-1/18The concept of sustainable regional development – institutional aspects, policies and prospectsRadislav Jovovic0Mimo Draskovic1Milica Delibasic2Miroslav Jovovic3Mediteranean University, PodgoricaMaritime Faculty of Kotor, University of MontenegroInternational University of TravnikInternational University of TravnikGrowing market globalization, increasing global competition, more complex products results in application of new technologies, methods and business processes – due to the abovementioned tendencies novel supply chain strategies (Lean, Agile and Leagile Supply Chains) are established. In this study these supply chain concepts are being described and compared. Virtual enterprise is a temporary alliance of enterprises that come together to share their skills, core competencies, costs and resources in order to better respond to rapidly changing market environment and dynamic customer demands. Economic and social benefits and effects of virtual enterprises for customers and production companies and service providers are also described. Optimization software has been developed for optimal formation of virtual enterprise networks and is also introduced in this study. The aim of this software application is to define virtual enterprise as the optimal combination of supply chain members.http://jois.eu/?326,en_the-concept-of-sustainable-regional-development-%E2%80%93-institutional-aspects-policies-and-prospectssustainable developmentregional sustainable developmentintegration
spellingShingle Radislav Jovovic
Mimo Draskovic
Milica Delibasic
Miroslav Jovovic
The concept of sustainable regional development – institutional aspects, policies and prospects
Journal of International Studies
sustainable development
regional sustainable development
integration
title The concept of sustainable regional development – institutional aspects, policies and prospects
title_full The concept of sustainable regional development – institutional aspects, policies and prospects
title_fullStr The concept of sustainable regional development – institutional aspects, policies and prospects
title_full_unstemmed The concept of sustainable regional development – institutional aspects, policies and prospects
title_short The concept of sustainable regional development – institutional aspects, policies and prospects
title_sort concept of sustainable regional development institutional aspects policies and prospects
topic sustainable development
regional sustainable development
integration
url http://jois.eu/?326,en_the-concept-of-sustainable-regional-development-%E2%80%93-institutional-aspects-policies-and-prospects
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