The Importance of Academic New Ventures for Sustainable Regional Development
Establishment of new entrepreneurial ventures have a direct influence on economic growth of the economy and society of every country. It relates especially to unemployment level and net income of the employees. Given these facts, the two aims of the paper are: 1) presentation of the Innovativenes...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2020-05-01
|
| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_2908.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850178447932915712 |
|---|---|
| author | Aleksandar Vekic Vladimir Djakovic Jelena Borocki Wlodzimierz Sroka Jozsef Popp Judit Olàh |
| author_facet | Aleksandar Vekic Vladimir Djakovic Jelena Borocki Wlodzimierz Sroka Jozsef Popp Judit Olàh |
| author_sort | Aleksandar Vekic |
| collection | DOAJ |
| description | Establishment of new entrepreneurial ventures have a direct influence on economic growth
of the economy and society of every country. It relates especially to unemployment level
and net income of the employees. Given these facts, the two aims of the paper are: 1)
presentation of the Innovativeness of 14 countries of South – East Europe region and two
additional countries: Poland and Hungary based on their overall ranking(s) as well as
Information and Communication Technologies, ICT access and ICT use; and 2) to present
development and business performance of academic start-up and spin-off companies in ICT
sector which were created by the University of Novi Sad (Serbia) and which allowed it to
become a sustainable University. The indicators such as total number of new ventures,
number of employees, total revenue and average gross profit margin were used in order to
analyse establishment, development and sustainability of academic ICT start-up and spinoff companies. The study shows that sustainable measures, particularly academic start-up
and spin-off companies, have a very important role in sustainable economic growth (local,
national and regional) and are a significant driver of innovation. They are of key
importance for the sustainable development of the University |
| format | Article |
| id | doaj-art-bc55aafe8b4140b4b9dd603faa67f3f6 |
| institution | OA Journals |
| issn | 1582-9146 2247-9104 |
| language | English |
| publishDate | 2020-05-01 |
| publisher | Editura ASE |
| record_format | Article |
| series | Amfiteatru Economic |
| spelling | doaj-art-bc55aafe8b4140b4b9dd603faa67f3f62025-08-20T02:18:43ZengEditura ASEAmfiteatru Economic1582-91462247-91042020-05-01225453355010.24818/EA/2020/54/533The Importance of Academic New Ventures for Sustainable Regional DevelopmentAleksandar Vekic0Vladimir Djakovic1https://orcid.org/0000-0002-3282-2899 Jelena Borocki2Wlodzimierz Sroka3https://orcid.org/0000-0002-8701-0716Jozsef Popp4https://orcid.org/0000-0003-0848-4591Judit Olàh5https://orcid.org/0000-0003-2247-1711University of Novi Sad, Novi Sad, Republic of SerbiaUniversity of Novi Sad, Novi Sad, Republic of SerbiaUniversity of Novi Sad, Novi Sad, Republic of SerbiaWSB University, Dąbrowa Górnicza, Poland and North West University, South AfricaSzent István University, Gödöllő, Hungary and North West University, South Africa University of Debrecen, Institute of Applied Informatics and Logistics, Debrecen, Hungary and North West University, South AfricaEstablishment of new entrepreneurial ventures have a direct influence on economic growth of the economy and society of every country. It relates especially to unemployment level and net income of the employees. Given these facts, the two aims of the paper are: 1) presentation of the Innovativeness of 14 countries of South – East Europe region and two additional countries: Poland and Hungary based on their overall ranking(s) as well as Information and Communication Technologies, ICT access and ICT use; and 2) to present development and business performance of academic start-up and spin-off companies in ICT sector which were created by the University of Novi Sad (Serbia) and which allowed it to become a sustainable University. The indicators such as total number of new ventures, number of employees, total revenue and average gross profit margin were used in order to analyse establishment, development and sustainability of academic ICT start-up and spinoff companies. The study shows that sustainable measures, particularly academic start-up and spin-off companies, have a very important role in sustainable economic growth (local, national and regional) and are a significant driver of innovation. They are of key importance for the sustainable development of the Universityhttps://www.amfiteatrueconomic.ro/temp/Article_2908.pdfglobal innovation indexinformation and communications technologiesinnovationacademic start-up and spin-off companiessustainable measuressustainable university |
| spellingShingle | Aleksandar Vekic Vladimir Djakovic Jelena Borocki Wlodzimierz Sroka Jozsef Popp Judit Olàh The Importance of Academic New Ventures for Sustainable Regional Development Amfiteatru Economic global innovation index information and communications technologies innovation academic start-up and spin-off companies sustainable measures sustainable university |
| title | The Importance of Academic New Ventures for Sustainable Regional Development |
| title_full | The Importance of Academic New Ventures for Sustainable Regional Development |
| title_fullStr | The Importance of Academic New Ventures for Sustainable Regional Development |
| title_full_unstemmed | The Importance of Academic New Ventures for Sustainable Regional Development |
| title_short | The Importance of Academic New Ventures for Sustainable Regional Development |
| title_sort | importance of academic new ventures for sustainable regional development |
| topic | global innovation index information and communications technologies innovation academic start-up and spin-off companies sustainable measures sustainable university |
| url | https://www.amfiteatrueconomic.ro/temp/Article_2908.pdf |
| work_keys_str_mv | AT aleksandarvekic theimportanceofacademicnewventuresforsustainableregionaldevelopment AT vladimirdjakovic theimportanceofacademicnewventuresforsustainableregionaldevelopment AT jelenaborocki theimportanceofacademicnewventuresforsustainableregionaldevelopment AT wlodzimierzsroka theimportanceofacademicnewventuresforsustainableregionaldevelopment AT jozsefpopp theimportanceofacademicnewventuresforsustainableregionaldevelopment AT juditolah theimportanceofacademicnewventuresforsustainableregionaldevelopment AT aleksandarvekic importanceofacademicnewventuresforsustainableregionaldevelopment AT vladimirdjakovic importanceofacademicnewventuresforsustainableregionaldevelopment AT jelenaborocki importanceofacademicnewventuresforsustainableregionaldevelopment AT wlodzimierzsroka importanceofacademicnewventuresforsustainableregionaldevelopment AT jozsefpopp importanceofacademicnewventuresforsustainableregionaldevelopment AT juditolah importanceofacademicnewventuresforsustainableregionaldevelopment |