Serbian Industry Research Articles

Impact analysis of the implemented quality management system on business performances in pharmaceutical-chemical industry in Serbia

International quality management standard (QMS) ISO 9001 became widely accepted as a framework for product and/or services quality improvement. There are recent research conducted in order to define relationships and effects between the applied QMS and financial and/or non-financial business parameters. The effects of the applied pharmaceutical quality system (PQS) on the business performances in Serbian pharmaceutical-chemical industry are analyzed in this paper using multivariate linear regression analysis. The empirical data were collected using a survey that was performed among experts from Serbian pharmaceutical-chemical industrial sector during 2010. An extensive questionnaire was used in the survey, grouping the questions in eight groups: Implementation of pharmaceutical quality system (AQ), Quality/strategy planning (QP), Human resource management (HR), Supply management (SM), Customer focus (CF), Process management (PM), Continuous improvement (CI), and Business results (BR). The primary goal of the research was to analyze the effects of the elements of first seven groups (AQ, QP, HR, SM, CF, PM, and CI) that present various aspects of the implementation of PQS, on the elements of business results (BR). Based on empirical data, regression relations were formed to present the effects of all considered elements of PQS implementation on the business performance parameters (BR). The positive effects of PQS implementation on the business performances such as the assessment of performance indicators, continual products and/or services quality improvement, and efficient problem solving, are confirmed in the presented research for the Serbian pharmaceutical-chemical industrial sector. The results of the presented research will create a room for the improvement of the existing models in application, and for attracting interested parties that aim to commence this business standardization process. Hence, implementation of PQS is not only the regulatory requirement or advertising movement, but very important issue for the development and improvement of business performances.

Competitive advantages of Serbian industry sectors

Competitive advantages of Serbian industry sectors

Allocative efficiency and QM factors covariate in Serbian industry

Trends of allocative effi ciency and covariate of fi rm size and effi ciency of quality management(QM) factors in the Serbian industry were tested on the unbalanced panel sample of 48 industrial fi rms from 12 industrial sectors in the period 2004-2009. The obtained results show that 10 of 12 sectors have a positive covariate of participation in the output market and multi-factor productivity. Covariates of fi rm size and effi ciency of all QM factors record the same direction in the chemicals sector (positive) and motor vehicles (negative), which means that in those two sectors larger companies had above-average and/or below-average effi cient TQM. The same (positive) trend of allocative effi ciency and covariates of all QM factors was recorded in manufacture of chemical industry.

Textile Effects of Privatization Serbian Industry

Textile Effects of Privatization Serbian Industry

The new industrialization of Serbian economy

The aim of this paper is to emphasize the necessity of reindustrialization of the Serbian economy. In order to ensure the preservation of the economy in terms of substantially altered external environment, first of all, it is necessary to consolidate the existing state and to ensure the growth of industrial production. This can be achieved by focusing resources primarily on the following industries: petrochemical, agro-industry, automotive industry, textile industry, and building materials industry. However, to ensure long-term sustainability of the Serbian economy, as soon as an acceptable level of growth in industrial production is reached, it will be necessary to enter the next phase - development of the Serbian industry based on knowledge and modern technologies.

The framework of new Serbian industrial policy

Global recession wave has set in motion fundamental questions of development and growth, has made criticism of 'market fundamentalism' topical, investigated thoroughly the transformation growth model of transition economy, has stressed the importance of culture and tradition ('today's capitalism destroys tradition') and again has affirmed social democratic principles: economy has to serve people, and not the other way round, people should come into focus, not goods. The reflection of transitional capitalism in the whole of SEE can be summarized in one sentence: 'indebted economy', economy which will be a burden to future generation is short - lived, the growth hasn't resulted in development. The transional and recessionary consequences have had the biggest impact on industrial systems. The foundations of global development architecture in next decades will be based in investments in new technology, innovation and human capital. Due to increasing industrial lagging behind, EU pays most attention to industrial policy (EU-2020). Besides macroeconomic transitional cross- cutting of the Serbian industry, the paper has focus one new model of industrial growth and elements of new Industrial Serbian Policy. Industrial Policy has to focus on the process of consistent implementation of structural reforms in order to create new competitive sustainable industrial structure.

ICT industry in Serbia: Condition and improvement by QMS

The paper presents current level of the Serbian Information and Communication Technology (ICT) industry, global parameters of ICT in Serbia, as well as some economic indicators. Existing problems and suggest actions necessary for improvement of IT in the Serbian industry are also defined. One approach to improvement of Serbian ITC industry is adopting a general framework policy for the integration of the acquis in the field of quality, standards and technical regulations, developing an updated national Quality Plan for the ICT. This paper will also present development and implementation of Quality Management System (QMS) in Serbian ICT sector.

Finding the balance between the energy security and environmental protection in Serbia

There are very few issues that are as important to our collective future as energy. Like everyone else, Serbia has its stake in reducing energy price, enhancing the security of energy supply, and reducing emissions, including greenhouse gas (GHG) emissions associated with fossil fuels. In the years to come Serbian economy is expected to grow and industry to search and explore the potential of using cleaner alternative fuels. There is a lot that could be done to conserve energy and to reduce environmental footprint. But the most important thing that could be done to enable Serbian industry to reduce emissions is the implementation of a modernized Power Generation system. At the same time the reality can?t be neither sugarcoated nor ignored and alternatives to fossil fuel will succeed only if they are economically feasible for suppliers and users alike. New technologies currently under development should be considered to allow Serbia the use of energy resources in a more efficient ways and with better protection of the environment. If successfully deployed, the development of alternative, renewable fuels will allow Serbian energy sector to effectively decouple its growth from GHG emissions. This paper explore opportunities and the potential of alternative fuels for increasing competition in energy supply, for reducing emissions and in Serbia while decreasing dependence on imported energy.

ICT industry in Serbia: condition and improvement by QMS

The paper presents current level of the Serbian Information and Communication Technology (ICT) industry, global parameters of ICT in Serbia, as well as some economic indicators. Existing problems and suggest actions necessary for improvement of IT in the Serbian industry are also defined. One approach to improvement of Serbian ITC industry is adopting a general framework policy for the integration of the acquis in the field of quality, standards and technical regulations, developing an updated national Quality Plan for the ICT. This paper will also present development and implementation of Quality Management System (QMS) in Serbian ICT sector.

A strategic model for measuring intellectual capital in Serbian industrial enterprises

Measuring intellectual capital contributes to organizational success and brings managerial, cultural and organizational changes. In analyzing the relevant literature on intellectual capital (IC), it emerges that the benefits of IC measuring and reporting have been linked to value creation. In order to provide a deeper understanding of the character and role of IC and adequate IC indicators, the main aim of this study is to propose a strategic model for measuring intellectual capital in Serbian industrial enterprises. The research findings revealed a lack of both employee innovativeness and permanent competence development of top managers and employees, which may be a significant problem in the potential growth of Serbian industry. The factor analysis showed that the proposed questionnaire (based on relevant scorecard methods) is adequate for investigating the phenomena of intellectual capital in industrial enterprises in Serbia.

Challenges of industrial development of Serbia

Built upon education ideologies of the previous century, development of Serbian industry is not able to meet global demands of the modern, 21st century market. Innovative ongoing processes in technology and all industrial branches are global and ever more rapid, and they are circumventing the SEE region. The economic structure of Serbian industry at the beginning of transition was two decades old. At the beginning of 2009, after eight transition years, a short economic transition summary is as follows: the trailing caused by the events of the 1990s is very hard to cope with and we are only half through with this task; on the other hand, we are lagging behind EU-15 and EU-10 more and more. Apart from the analysis of structural non-adjustment of the industrial system and its impact on the macroeconomic balance, the paper underlines a significant role of the state in the formulation of industrial policy.

The Necessity to Adapt Serbian Industry Development European Union Industry

The Necessity to Adapt Serbian Industry Development European Union Industry