1955 research outputs found
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Historical Heritage and the Future of Serbia’s Nuclear Energy: Dependence, Sovereignty, and Geopolitical Implications
No full textThis paper examines Serbia’s recent decision to repeal the 1989 Law on the Prohibition of
the Construction of Nuclear Power Plants, the so-called ‘moratorium’ on nuclear power
plant (NPP) construction, amidst growing debates on the country’s ability to manage such
a project, its alternative green energy options, and ecological concerns about nuclear waste.
The central issue, however, remains the strategic choice of a technological partner for NPP
development, which encompasses geopolitical, security, and long-term economic factors.
While recent French initiatives suggest that France could be a potential partner, Serbia’s
prior agreements with Russia’s state-owned Rosatom raise concerns about increased
Russian influence in Serbia and the Balkans. This analysis draws on historical examples
of Yugoslavia’s nuclear cooperation with the Soviet Union, offering insights into the
present challenges Serbia faces. It argues that, given Serbia’s technological and financial
limitations, cooperation with Russia remains likely, potentially deepening Serbia’s
political and energy dependence on Russia and undermining its sovereignty. This
dependence would have broader implications for regional and European security. By
examining past and present dynamics, the paper highlights the need for Serbia to carefully
consider its nuclear energy partnerships, balancing national interests with geopolitical
realities
Breaking the power price code: what multifractals and copulas reveal about energy market dynamics?
No full textThis study examines the complex relationship between power prices and energy sources in Germany’s electricity market through an innovative combination of multifractal detrended cross-correlation analysis (MFDCCA) and copula modeling. Analyzing hourly data from 2015 to 2023, we investigate production values from conventional sources (lignite, hard coal, natural gas) and renewables (offshore/onshore wind, pumped storage hydropower). Our copula analysis reveals distinct patterns: offshore wind shows minimal monthly correlation with prices, while onshore wind exhibits strong seasonal negative correlation patterns. The MFDCCA uncovers deeper structural relationships, with fossil fuels displaying persistent long-range correlations and strong multifractal characteristics. Natural gas emerges as both a price driver and volatility amplifier, while wind generation contributes to price fluctuations at scale. Base load sources like lignite and hard coal demonstrate steady correlation structures, aligning with merit order theory. These findings gain particular relevance as Germany’s power market opens to smaller stakeholders, including private households accessing day-ahead prices. Our results suggest that while merit order theory remains fundamentally valid, modern energy markets require more sophisticated modeling approaches to capture their full complexity
Increasing human capital by investing in training of employees
Get PDFThis paper deals with the investment in employees in organizations by improving the skills required to perform work tasks. Previous theoretical constructs and empirical findings have shown that knowledge-intensive work practices can lead to increased innovation activities, better employee engagement, higher job satisfaction and lower employee turnover. This paper draws mainly on data from the Harmonized Survey on Continuing Vocational Training in Enterprises and compares the two groups of European countries by economic sector and company size
A System for Game-Based Smart Tourism
No full textThis article presents a game-based learning model designed for tourists in a smart city. The goal is to increase tourists' sightseeing experience, tourist spot visitation rates, learning, and satisfaction. The educational game was designed using the advanced web, mobile, IoT, augmented reality, and blockchain technologies. The game aims to guide tourists and test their knowledge about a city. The rewards selected to motivate players’ progress in the game were defined as tokens saved on the blockchain and used to claim prizes. We present the architecture of the proposed system and the business model for the sustainable operation of the proposed system. The proposed approach is expected to contribute to introducing smart tourism services and promoting the general experience of tourists
Flexible Work Arrangements and the Hybrid Work Model: Attitudes of Employees in the Scientific Research Sector in Serbia
Get PDFThe paper analyses the advantages, disadvantages, and possibilities of implementing flexible work models in modern organisations, focusing particularly on the hybrid work model. The aim of the research is to identify the key benefits of the hybrid work model and examine the attitude of employees in the scientific research sector in Serbia regarding this relatively new and innovative concept. By using the desk research method and the empirical approach, the main advantages of flexible work models have been analysed, as well as the key challenges managers face during the implementation. The research findings indicate a growing popularity of the hybrid work model across various sectors, including scientific research in Serbia. Due to its numerous benefits, the model has been actively adopted by employees in the field of social sciences and humanitieshi
Navigating entrepreneurship and innovation: The importance of institutional quality in CEE
Get PDFThe research examines the impact of institutional quality on entrepreneurship and patenting
activity in Central and Eastern European (CEE) countries, utilizing the Economic Freedom indicators
from the Fraser Institute. We hypothesize that higher institutional quality, characterized by limited
government intervention, an effective legal system and property rights, capital market and trade
institutions, and regulatory framework positively influence entrepreneurial endeavors and patenting
outcomes. Strong institutions facilitate access to resources, reduce bureaucratic barriers, and foster
an environment conducive to innovative behavior. Employing a panel regression, the paper examines
the relationship between various institutions and entrepreneurial and innovation performance in the
CEE countries. The results reveal a significant positive correlation between higher levels of economic
freedom and increased rates of entrepreneurship and the production of patents. However, the impact
of institutional quality is greater in determining entrepreneurship than innovation activities. The
findings underscore the importance of institutions in shaping economic development in the CEE
region and highlight the need for policy reforms to enhance institutional frameworks to support
entrepreneurship better and stimulate patenting activity. Overall, the research contributes to
understanding how institutional quality affects economic outcomes, emphasizing the vital role of
economic freedom as a driver of innovation and entrepreneurship
Economic Growth, Renewable Energy, Trade Openness and CO₂ Emissions: A Causality Analysis
No full textThe paper analyses the causal relationship between economic growth, renewable energy consumption, trade openness, and CO₂ emissions using a sample of 13 countries from 2006 to 2021. The JKS Granger non-causality test is applied. The results of the analysis show a bidirectional relationship between economic growth and CO₂ emissions. Additionally, there is a two-way causal relationship between CO₂ emissions and renewable energy consumption. Trade openness causes an increase in CO₂ emissions, but emissions do not, in turn, cause trade openness. This may be explained by the increasing role of renewable energy sources in offsetting fossil fuel dependence, while trade openness, particularly in developing economies, often leads to greater industrial activity and energy consumption, which in turn raises emission levels. The study highlights the interrelated nature of CO₂ emissions, economic growth, renewable energy use, and trade openness, emphasising the importance of coordinated policies for achieving carbon reduction and sustainable development. These findings offer valuable insights for policymakers aiming to design balanced strategies for energy transition and environmental protection
The Creator Economy-has the Future Reached Serbia?
No full textAs digital platforms reshape how expertise is produced, delivered, and monetized, the “creator economy” has emerged as a relevant
arena for entrepreneurship. Serbia offers a timely yet under-researched context: digital adoption is broad and creator practices are visible, but - so far - no peer-reviewed work has systematically examined platform-mediated knowledge entrepreneurship in the country. This study documents the domestic platform landscape available to knowledge-oriented creators through a transparent, desk-based mapping of publicly accessible sources. The unit of analysis is the platform-mediated venture that connects services for content production, delivery, payments, and community. The mapping focuses on formats commonly used in the knowledge vertical-online courses and cohort workshops, one-on-one coaching, memberships, newsletters with paid tiers, and digital products-and identifies domestic services that support these offerings. Public indicators suggest that core technological prerequisites (broadband and mobile connectivity, mainstream platforms, and accessible payment gateways) are in place, while uneven advanced digital skills on the user side temper the sophistication of adoption. The contribution is a descriptive inventory of platforms available to Serbian creators, intended as a factual baseline for subsequent empirical research. By foregrounding scope and practical relevance, the paper motivates closer scholarly attention and offers initial inputs for practitioners and policy makers concerned with skills, micro-entrepreneurship, and the creative and cultural economy
Archaeological Tourism - Product Development and Experience Creation – Case Study of the Viminacium Archaeological Park
No full textArchaeological tourism has emerged as a distinctive and growing
segment of cultural tourism, offering opportunities to transform heritage sites
into meaningful and sustainable tourism products. This chapter provides a
thematic overview of key concepts in the development of archaeological tourism services, with a particular focus on personalization, experience design,
digital innovation, and sustainability. Drawing on relevant literature, it discusses strategic approaches to tourism service development that balance
visitor engagement with the protection of cultural heritage. As a review study,
the chapter includes the example of the “Viminacium Archaeological Park”
in Serbia to illustrate how theoretical principles can be effectively applied in
practice. The example highlights the importance of integrating storytelling,
infrastructure, technological tools, and community involvement in creating
immersive and resilient visitor experiences