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Scientific paper - Preliminary note / Short communication
INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY
Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29 (2016), 2; 405-420. urn:nbn:hr:145:440415
Bušelić, Marija; Pavlišić, Patricija

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Bušelić, M. & Pavlišić, P. (2016). INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY. Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29. (2), 405-420. Retrieved from https://urn.nsk.hr/urn:nbn:hr:145:440415

Bušelić, Marija and Patricija Pavlišić. "INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY." Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, vol. 29, no. 2, 2016, pp. 405-420. https://urn.nsk.hr/urn:nbn:hr:145:440415

Bušelić, Marija and Patricija Pavlišić. "INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY." Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues 29, no. 2 (2016): 405-420. https://urn.nsk.hr/urn:nbn:hr:145:440415

Bušelić, M. and Pavlišić, P. (2016) 'INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY', Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, 29(2), pp. 405-420. Available at: https://urn.nsk.hr/urn:nbn:hr:145:440415 (Accessed 10 December 2024)

Bušelić M, Pavlišić P. INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY. Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues [Internet]. 2016 December 13 [cited 2024 December 10];29(2):405-420. Available at: https://urn.nsk.hr/urn:nbn:hr:145:440415

M. Bušelić and P. Pavlišić, "INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY", Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues, vol. 29, no. 2, pp. 405-420, December 2016. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:145:440415. [Accessed: 10 December 2024]

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Metadata
Title (english)INNOVATIONS AS AN IMPORTANT FACTOR INFLUENCING LABOUR PRODUCTIVITY IN THE MANUFACTURING INDUSTRY
AuthorMarija Bušelić
AuthorPatricija Pavlišić
Author's institutionUniversity of Pula
(Faculty of economics and tourism "Dr. Mijo Mirković")
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
Economic science has long recognized labour productivity as an important factor of economic growth. In the uncertain conditions of increasingly fierce and complex competition, it becomes one of the key prerequisites for an adequate response to global challenges. The development of labour productivity has to be observed as a multi-dimensional process including numerous interconnected quantitative and qualitative factors, in particular human factors and technological advancement realized through investments in research and development (innovations). The analysis of labour productivity in the manufacturing industry of the selected countries, Germany and China, is performed in the context of an important influential factor – innovations, and interdependently with the economic growth of the selected countries. The research results and the conducted regression analyses indicate a superiority of German labour productivity in the manufacturing industry, which is strongly affected by considerable investments in research and development. However, the technological convergence of China as the upcoming power is increasingly important, which shows that the gap in labour productivity is decreasing, making developed countries face new challenges posed by globalization. The analysis of the interdependence of economic growth (GDP) and labour productivity in the manufacturing industry points to a positive link and the conclusion that the elasticity of the GDP to changes in labour productivity is greater in China than in Germany.
Keywords (english)
Languageenglish
Publication typeScientific paper - Preliminary note / Short communication
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleEkonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues
Numberingvol. 29, no. 2, pp. 405-420
p-ISSN0353-359X
e-ISSN1847-2206
URN:NBNurn:nbn:hr:145:440415
Publication2016-12-13
Document URLhttp://hrcak.srce.hr/170472
Type of resourceText
Access conditionsOpen access
Terms of useLicence Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) icon
Created on2017-02-24 09:42:32