Entrepreneurship has been long recognized as an essential driver of economic growth. It is widely accepted that entrepreneurship increases innovation, firm formation, employment, and overall GDP. Despite the increasing research on both public entrepreneurship and entrepreneurship in healthcare, these different research areas have not been combined that much. To fill this research gap, this paper analyses whether public healthcare entrepreneurship influences economic growth. This study exploits the WHO Global Health Observatory database approximating various dimensions of entrepreneurship by specific aspects of compliance with international healthcare regulation. The study uses data for 170 countries from 2010 to 2019. Using the fixed effect panel setting, it tests whether improvements in public healthcare entrepreneurship (PHE) affect a country's economic growth. The results suggest that higher entrepreneurial orientation in public healthcare is associated with larger effects on output per capita, which is channelled through productivity. However, after reaching certain level of PHE development, the contributions to growth start diminishing. The findings from this paper produce several implications. First, by exploring the nexus between public entrepreneurship and healthcare entrepreneurship it introduces the concept of public healthcare entrepreneurship explaining its theoretical and empirical importance. It further provides empirical and quantitative support to the view that developing public healthcare entrepreneurship plays a role in achieving a higher output per effective worker. Thereby, this study provides evidence of a non-linear relationship between public healthcare entrepreneurship and growth. Finally, given the statistical and economic significance of the results, these findings motivate policymakers to consider developing policies that guide developing entrepreneurial orientation within public healthcare. We believe this is possibly the first study that considers entrepreneurial orientation withing a public sector into the economic growth discussion.

The relationship between firms’ exports and increases in productivity is generally regarded as positive. While the causal effects of process innovation are straightforward and positive, the effect of product innovation on productivity is ambiguous. However, there is a lack of empirical evidence on a joint effect that innovation and exports have on firms’ productivity. In our attempt to fill this gap, we explore individual and joint effects of innovation and exports on productivity by employing cross-sectional firm-level data. We use the sixth wave of the Business Environment and Enterprise Performance Survey (BEEPS VI: 2018–2020) conducted by the EBRD and the World Bank. Using a stratified random sampling, the data was collected from interviews with representatives of randomly chosen firms from 32 countries. The overall results suggest that exporting firms are more productive than non-exporters, while the impact of innovation is more heterogeneous. Whereas EU and high-income countries reap the productivity benefits, this effect is absent in other regions and countries with medium and low-income levels. Finally, our results indicate the absence of a joint effect of innovation and exports on productivity, across different geographical regions and countries of different income levels.

The purpose of this paper is to investigate whether public health entrepreneurship principles implementation in the public health sector are alternative ways of promoting an immediate improvement of healthcare infrastructure. To contribute to the literature on the impact of public health entrepreneurship on public healthcare infrastructure, we estimate two empirical models, with the first model having institutions and the second model having public healthcare policies as the dependent variable. Our empirical analysis is based on the WHO international health regulation data for all WHO member countries (in order to achieve a balanced panel, we decided to retain 192 of them), covering the period from 2010 through to 2019. The main results obtained using a Poisson panel regression indicate a positive relationship between employing more entrepreneurship within public healthcare and the quality of public healthcare infrastructure represented through institutions and policies. This study produces several contributions to the stream of research on public health entrepreneurship. First, it makes a theoretical contribution in the way that it fills the lacking literature on the relationship between entrepreneurship within the public health sector and efficiency of country-specific public healthcare infrastructure. Second, it offers an empirical quantitative analysis of entrepreneurship that is generally lacking. Concerning policy implications, the third contribution of this paper is the provision of evidence showing alternative ways to improve healthcare infrastructure other than traditionally observed investments in physical infrastructure.

The end of the XX and the beginning of the XXI century was characterized by a sudden expansion of national economies, demise of market boundaries and globalization. The liberalization of the world economy enabled impressive economic growth on a global level, at same time by bringing about challenges with consequences in terms of sustaining such growth.Despite the attempts of neoliberalization of contries, high uneployment, poverty and inequalities levels are attributed to inefficient administration inclined to corruption. In this connection, it is important to discuss the overall role and importance of public administration in achieving sustainable development. There are numerous claims that public administration is directly responsible for achieving sustainable development goals, and good governance is perhaps considered as the most important factor in eradicating poverty and stimulating development. As an innovative model for increasing the efficiency and efectiveness of public sector business, it is necessary to introduce entrepreneurship that would, by proper implementation, led to better performance of public administration. Accordingly, problem studied in this paper concerns the research into whether and how public sector entrepreneurship could be used as an efficient insturument for achieving sustainable development goals.The hypothesis is put forward that reads: The application of entrepreneurship in the public sector, through increasing efficiency and improving the effectiveness of its functioning, directly and indirectly contributes to achieving sustainable development оf national economy. The methodology used to prove the hypothesis is related to problem-cause analysis, synthesis, induction, deduction and case study together with statistical analysis. Тhis paper includes theoretical and practical part.

Društvena odgovornost i ekološki menadžment predmet su rasprave brojih teoretičara i kritičara. Sa jedne strane, društvena odgovornost se javlja kao zakonska i moralna obaveza preduzeća, čije nepoštovanje, preduzeću vodi ka zakonskim i tržišnim sankcijama. Sa druge strane postoje argumenti koji dovode u konflikt ekonomske ciljeve sa društvenom odgovornošću, te time sugerišu da se preduzeće kao poslovni entitet ne bi trebalo baviti pitanjima iste. Ekološki menadžment u razvijenijim zemljama svijeta dobija sve veći značaj, dok je u Bosni i Hercegovini i zemljama okruženja, gotovo nepoznanica koja se čak i slučaju upotrebe pojma, interpretira na pogrešan način, poistovjećujući pojam sa prosječnim aktivističkim pokretima za zaštitu životne sredine. U ovom radu objašnjena je okolina preduzeća kao uporište potrebe za društvenom odgovornošću, održivim razvojem i ekološkim menadžmentom. Objašnjena je konstantna interkacija koja se odvija između preduzeća i okoline, te zavisnost preduzeća od okoline kao glavni argument za društvenu odgovornost, zatim načini na koji ekološki menadžmenti društvena odgovornost, racionalizacijom troškova, optimizacijom upotrebe resursa i povećavanjem produktivnosti preduzeća, povećavaju efikasnost poslovanja savremenih preduzeća. Kao zaključak, društvena odgovornost, ekološki menadžment i održivi razvoj se predlažu kao imperativi u savremenom poslovanju upravo zbog brojnih pogodnosti koje preduzeće stiče njihovom primjenom u poslovanju.