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PROMOTING ECONOMIC GROWTH THROUGH THE PRISM OF FAMILY BUSINESS DEVELOPMENT
No full textThe family-run business companies present a driving force of the society in which they function and take great part in identification of market needs. By developing skills and building new types of business, the business owners strive to satisfy those needs, reaffirming the work ethics and entrepreneurial spirit as a solid base for family-run business.
The purpose of this paper is to emphasize the importance of family-run business and to recognize its significance in the new social, political background and economic system of our country. By developing strategies for family-run business, the country should boost confidence of young people regarding the possibilities these kinds of business offers in accomplishing personal ambitions
SIGNIFICANCE, ROLE AND CHARACTERISTICS OF FAMILY BUSINESS
No full textThe family businesses are the "source of energy" of the society in which they work and are heavily involved in identifying market needs. With their developing, they strive to meet the needs of the market, reaffirming the work ethic and entrepreneurial spirit that are set as the basis of their performance.
If we want to understand the operation of the family business, we have to rely on the knowledge and assessments of the economy, enterprise and family, and business owners.
All this, of course, makes the analysis more complicated. If we take into account the fact that, in the initial years of development of the family business, the family benefit from that overlap principles and way of thinking as far as family businesses. In the later stages of the development of family businesses, such overlapping principles and way of thinking leads to animosity between members of the family who are active in the management, and these findings very negative impact on the functioning and operation of family businesses.
One of the aims of this paper is to point out the importance of the family business and to give true meaning and place in the new social and political life and economic system of our country. Through the elaboration of the possibilities for the development of family businesses should boost the confidence of young people in the opportunities offered by this category of businesses in achieving their ambitions
Young People And The Influence Of Parents On Their Career Development
No full textWhat is in the domain of interest of science in the field of career development of young people, and what recently encourages thinking and research on this topic, is the influence of parents on the career development of their children. In this context, the emphasis is placed on two points of view: Is the advice given by parents to their children regarding their career development (choice of college) in parallel and tone with with the children's affinities, or do the children become a "tool" for the unimplemented goals of their parents, while transmitting their unrealized ambition.
Here, the problem that emerges with motivating young people to complete their higher education at one of the universities outside the country, while building their career outside their home country, should be emphasized.
Such procedures always have a positive outcome and always contribute to the correct career development of the person. So, it should be emphasized that the influence of parents on the choice of career development of their children can cause positive and negative implications. However, whether the choice of the future profession of young people depends on the direct approach of the parent to this problem, or the indirect influence of the parents, as a result of their dedication to their profession. However, the choice of the future profession of young people, either depends on the direct approach of parents to this problem, or the indirect influence of the parents, as a result of their dedication to their profession.
The question arises: When do young people start thinking seriously about their career and profession
ELEMENTS OF ENTREPRENEURIAL ENVIRONMENT FOR THE FAMILY BUSINESS DEVELOPMENT
No full textFamily businesses today are the largest generators of family wealth and they employ a significant portion of the working population. Although the accuracy can not be said, however it is estimated that, depending on the individual countries the number of family businesses spanning from 65% to 90% of the total number of active companies.
Involvement of the term entrepreneurship is an inseparable part of the modern way of doing business. In theory and practice rarely, found activities or branches not associated with the business and be entrepreneurial exclusively or on the other hand, there is no area where the business is involved, and you cannot find a trace of entrepreneurship.
Entrepreneurship, the most given emphasis in the areas that provide the opportunity to leverage the innovation and its implementation in practice.
Therefore, entrepreneurship is present in all forms of business, where the dominant role in decision-making have people who know and understand and who are willing and able to accept the following challenges: To see the "away" from the rest; To start a business of their own ideas; Bring new business ideas; To follow the intuition; To accept the risk; Be willing to enter in direct conflict; Already existing things work different or new way of existing; Carefully and keep working on solving all problems and so on. Entrepreneurship cannot be considered particularly of entrepreneurs, because we say that exactly entrepreneurs can describe entrepreneurship.
In this paper, we pay attention to some of the elements of the entrepreneurial environment that are necessary in the development of small businesses including family businesses. In this regard, I want to stress the need for support in creating an entrepreneurial environment and entrepreneurial economy in the development of family businesses.
There are many types of entrepreneurs, and to be able to understand, you say that there are as many types of entrepreneurs, as there are differences between entrepreneurial and non-entrepreneurial people. Thus, entrepreneurial traits equally found in both men and women and younger and older, however, the society will have to create an environment in which all will strive to create success and failure will not discourage it will be a motivation to achieve even greater success.
Owners of family businesses, accept new challenges while running a business. They constantly strive to create conditions for achieving higher profits, which is one of the main goals of all businesses. To accomplish this, they have to be one-step ahead of the rest, need to use their intuitive and innovative capabilities, and the market to offer what consumers show interest. In addition, that interest should be followed predicted, which offered product or service would satisfy the tastes of consumers or users. In this regard, stresses the need for constant innovation of new products and services, many of which can contribute to improving the profit family businesses.
There are six golden rules for entrepreneurs . Entrepreneur is a hero, but also a victim of its own way and therefore must comply with these rules: Know yourself; be comprehensive; be consistent; minimize the consequences of their failure; Search new roads; be ready for change
CLUSTERS AND THEIR CONTRIBUTION TO INCREASING THE COMPETITIVENESS OF FAMILY BUSINESSES IN THE REPUBLIC OF MACEDONIA�
No full textThe subject of research of this paper is the clusters and their contribution to the development of the family businesses, which are identified as one of the basic pillars for rapid economic development of the contemporary national economies. The relevance of the research of clusters, as an instrument for the development of the family businesses in Republic of Macedonia, stems from the role of the clusters over the re-construction of the Macedonian economy of one hand, as well as facilitating the private initiative, accelerating the economic growth and improving the employability as factors of the country’s economic development, on the other hand.
In conditions of globalization of world economy, raises the question of the development of the competitiveness of family businesses and their contribution to the Macedonian economy. Creation of conditions for private sector development by providing a favorable business environment and removing administrative and bureaucratic obstacles, will enable the development of competitiveness of the economy and build a competitive economy capable, which will respond to modern business conditions
The research, conducted over 103 companies, has affirmed the assumptions for the great significance and potential of the clusters for the family businesses in Republic of Macedonia. Through this research an effort has been made to highlight certain aspects of the relation of clusters and family businesses which can be of use for enriching the scientific literature of this area, while the results of the research can be used by the business sector
CHALLENGES AND PRIORITIES OF COOPERATION BETWEEN HIGHER EDUCATION AND BUSINESS COMMUNITY
Get PDFThe aim of this paper is to contribute to a better perception of the need for cooperation of the Business community with the academy, i.e. Higher education. Considering the results of this type of cooperation at European level, compared to the situation in Macedonia, we can see a significantly lower fluctuation of activities in relation to this type of cooperation which is realized compared to EU countries. However, despite this situation, the Macedonian academic community still shows a very strong interest in the cooperation that should be achieved between Higher education and the Business community, which is reflected in the growing interest of companies to be part of this process. Thus, the positive attitude towards the cooperation of Higher education with the Business community, as well as the intention that exists to increase and improve this type of cooperation, can be strengthened by introducing tools and mechanisms supported by local and central government for greater involvement of Academia in Business community. The vision of the University "St. Kliment Ohridski”- Bitola, is to be exactly such a university, which with its work confirms the same. University St. Kliment Ohridski”- Bitola, has already imposed itself as a serious partner, offering cooperation with the Business community, which enables acceleration of development processes in both the University and Society.In that sense, the cooperation with the business community has wider dimensions and goals, due to which it will incorporate a range of issues that mean a more comprehensive approach to this issue, i.e. its connection with complementary and interdependent issues and problems related to it and synergistic effects from its implementation
IMPACT OF FAMILY BUSINESSES IN THE DEVELOPMENT OF THE NATIONAL ECONOMY IN THE REPUBLIC OF MACEDONIA
No full textThe family-run business companies present a driving force of the society in which they function and take great part in identification of market needs. By developing skills and building new types of business, the business owners strive to satisfy those needs, reaffirming the work ethics and entrepreneurial spirit as a solid base for family-run business.
The purpose of this paper is to emphasize the importance of family-run business and to recognize its significance in the new social, political background and economic system of our country. By developing strategies for family-run business, the country should boost confidence of young people regarding the possibilities these kinds of business offers in accomplishing individual ambitions.
To be able to successfully the challenges of the environment, Family businesses have to adapt to new market conditions. Following the market supply and demand and appropriately responding to the same family businesses contribute to strengthen their market position. Also spur innovation, contributes to this kind of businesses to successfully cope with market competition.
Development documents in all these years of independence of the Republic of Macedonia contain provisions for strengthening the small business sector by providing financial support to the operations of the companies, especially new and young enterprises. But despite the fact that several projects were opened several institutions and provide some funds for financing, there remains the conclusion that helping and strengthening the development of family businesses should be treated as a permanent process in the interest of faster employment, using creative potential employees, laid-off workers, young and educated people. Commitment to helping the development of family business is a constant and long-term process, which should be a permanent task and goal of macroeconomic policy. The absence of a quick and relatively easy access to capital, information and new technology, requiring long-lasting process in the policy of encouraging the development of family businesses
IMPORTANCE AND ROLE OF FAMILY BUSINESS AND THEIR CONTRIBUTION TO ECONOMIK DEVELOPMENT OF RM
No full textEach country applies different principles and strategies to encourage the development of family businesses. Тhe main characteristic of developed countries in last a few decades, is the systematic development of institutions and instruments to support entrepreneurship and development of SMEs and family businesses. Created more funds and banks specialized in lending to family businesses per beneficial conditions for the purpose of developing projects and ongoing development activities and structural adjustment program of family businesses.
Legislation and creating an appropriate economic environment is particularly important, especially in dynamic and unstable environment. Such a legal-political and economic environment should be clear, simple and effective.
Micro, small and medium enterprises are the most important generator of employment in industry in the Republic of Macedonia. They cover 80% of total employees. The analysis of the main indicators of industry size, showing that micro, small and medium enterprises participate with 99.3% of the total number of the firms, produce 41% of total production and 40.6% of total revenues. They possess 53% of total assets and 42.8% of total capital in the industry .
According to information from central register of the Republic of Macedonia, in 2010, about 95.7% of active enterprises belong to small and medium enterprises, and most of them are family business. They employ 78.4% of the total number of employees and participate with 54.3% in gross domestic product (GDP) of the Republic of Macedonia .
In terms of existing policies and measures, Macedonia is ranked well than most members of the EU areа. In most areas, the Macedonian business climate has improved significantly in 2009 compared with 2008. Index for 2009 compared with the ranking in 2008 for total initiatives of doing business is 89.9% .
In Macedonia, exist a positive climate in terms of entrepreneurship. Almost, every second respondent believes that there are good opportunities for starting up a business, only 35% believe that fear of failure, would prevent them from starting the business, 80% believe that entrepreneurship is a good career choice and 66% that the media attach due attention to entrepreneurship.
However, even for a half of the entrepreneurs in Macedonia, entrepreneurship is a necessity, and for the other half it is an opportunity. It is considered that as the country will develop, so will reduce the number of entrepreneurs driven by necessity, at the expense of entrepreneurs driven by opportunity
CHALLENGES AND PRIORITIES OF COOPERATION BETWEEN HIGHER EDUCATION AND BUSINESS COMMUNITY
Get PDFABSTRACT
The aim of this paper is to contribute to a better perception of the need for cooperation of the Business community with the academy, i.e. Higher education.
Considering the results of this type of cooperation at European level, compared to the situation in Macedonia, we can see a significantly lower fluctuation of activities in relation to this type of cooperation which is realized compared to EU countries. However, despite this situation, the Macedonian academic community still shows a very strong interest in the cooperation that should be achieved between Higher education and the Business community, which is reflected in the growing interest of companies to be part of this process.
Thus, the positive attitude towards the cooperation of Higher education with the Business community, as well as the intention that exists to increase and improve this type of cooperation, can be strengthened by introducing tools and mechanisms supported by local and central government for greater involvement of Academia in Business community.
The vision of the University "St. Kliment Ohridski”- Bitola, is to be exactly such a university, which with its work confirms the same. University St. Kliment Ohridski”- Bitola, has already imposed itself as a serious partner, offering cooperation with the Business community, which enables acceleration of development processes in both the University and Society.
In that sense, the cooperation with the business community has wider dimensions and goals, due to which it will incorporate a range of issues that mean a more comprehensive approach to this issue, i.e. its connection with complementary and interdependent issues and problems related to it and synergistic effects from its implementation.
KEY WORDS: Collaboration, University, Center, Students, Busines
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