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Organizational Structure In The Function Of Creation Of Added Value

Author

Listed:
  • Boris Marjanovic

    (bmarjano@politehnika-pula.hr)

  • Klaudio Tominovic

    (Polytechnic School in Pula)

Abstract

The Republic of Croatia is about to enter the European Union, hence its economic system will become more open, and subsequently an integral part of the European economic system. The aim of economic development of the European Union is established by the Lisbon Declaration. This commitment is in line with the development of a 21st Century knowledge-based economy, where intellectual capital is its particular manifestation. In parallel with the development of a knowledge-based economy, knowledgebased society is also developing, as with the parallel development of economic organizations based on the concept of learning organization. The actuality of the current theme arises from the hypothesis that only the organizational structure, in which there is no inhibition to destroy value, is able to create new value that provides the necessary competitiveness and development in the harsh conditions of a globalized world. The paper examines the efficiency of a complex business-production system, which is the key concept in the creation of an organizational structure that contributes to value added creation and that has a key role in raising the businessproduction system efficiency, and thus the competitiveness of the economic system in the world market.

Suggested Citation

  • Boris Marjanovic & Klaudio Tominovic, 2010. "Organizational Structure In The Function Of Creation Of Added Value," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 6, pages 811-819.
  • Handle: RePEc:osi:journl:v:6:y:2010:p:811-819
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    More about this item

    Keywords

    knowledge economy; value added creation; basic resources efficiency; organizational structure; intellectual capital;
    All these keywords.

    JEL classification:

    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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