The study aims to examine the causality link between Greenfield Investments, Regulatory Quality, and Economic Growth by using seven Western Balkan countries between 2003 and 2022. Johansen cointegration tests, the VECM model, and multiple empirical unit root tests are the foundation of the empirical analysis. The study's findings indicate that, in the short run, GFI-led growth in Albania and North Macedonia is supported. In the long run, the analysis backs the growth driven by GFI in Serbia and Montenegro and the growth driven by regulatory quality in Albania, Bosnia and Herzegovina, North Macedonia, Serbia, Montenegro, and Bulgaria. The findings support the growth driven by regulatory quality in most Western Balkan countries, reassuring national policymakers that encouraging improvements in regulatory quality and GFI inflows is warranted and will ultimately spur economic growth.

Universiteler sadece egitim merkezleri degil ayni zamanda bilgi uretimi, inovasyon ve teknik gelisim merkezleridir. Bununla birlikte son yillarda universiteler, yerel ekonomiler icin kilit bolgesel ekonomik kalkinma merkezlerinden biri olarak kabul edilmektedir. Universiteler, kampusun yakinindaki cografi bolgelere cesitli bicimlerde ekonomik aktivitelerle buyuk katki saglamaktadir. Literaturde universitelerin bolgesel ekonomik etkisini arastiran bircok calisma bulunmaktadir. Bu calisma, Uluslararasi Saraybosna Universitesi (IUS)'nden, ogrencilerinden ve calisanlarindan ve ziyaretcilerinden elde edilen bilgileri ve verileri kullanarak Bosna Hersek'te bu alanda yapilan yapilan ilk calismadir. Bu calisma, IUS'in yerel harcama ve istihdam uzerindeki dogrudan ekonomik etkisini ve IUS'un Saraybosna ekonomisi uzerindeki dolayli neden oldugu ekonomik etkilerini bulmayi amaclamaktadir. Calisma, IUS'nin Ilidza ve Saraybosna ekonomisine dogrudan ekonomik faydalar seklinde yaklasik 10 milyon KM, dolayli faydalarda 24 milyon KM ve 41 milyon KM uyarilmis katkisi oldugunu ortaya koyuyor. Bu katkilarin toplami yilda 75 milyon KM'ye ulasmaktadir. Ayrica IUS, Ilidza ve Saraybosna bolgesinde 231 dogrudan ve dolayli olarak 1.065 istihdam (toplamda 1.296 kisi) yaratmaktadir.

The paper aims to empirically explore the impact of the Arabic Spring on the outflow of FDI in twelve selected countries in the North Africa region (Algeria, Tunisia, Morocco, Libya, Egypt and Mauritania) and the Mideast region (Bahrain, Kuwait, Oman, Lebanon, Jordan and the United Arab Emirates). The paper employs a panel data approach to exploit the time series nature of the relationship between FDI Outwards and its determinants (the market size, trade openness, government effectiveness, inflation and three dummy variables related to the Arab Spring) between 2000 and 2016. The findings revealed that the impact of the Arab Spring estimator is negatively correlated with FDI Outflows in the countries that witnessed the Arab Spring. It implies that conflicts and instability negatively affect FDI outflows. The findings of this study reveal that countries that have been affected by the Arab Spring directly (the North Africa region) experienced a greater decline of FDI outflows than countries that have been indirectly affected (the Mideast region). When the sample is restricted to North Africa it is shown that the FDI outflows may be influenced by the post Arab Spring effect, while there is no such statistically significant effect in the Mideast region. Thus, the study finds that FDI outflows in the North African countries are more determined by the effects of Arabic Spring countries than in the Mideastern countries.

Fiscal policy is one of the key issues for every government. In the endogenous growth model, fiscal policy is included as a key factor determining the growth of the economy. The focus in this study is placed on eleven East European transitional countries for the period of 1995 to 2014. The model includes both sides of government finance, taxation and expenditures, with expenditures being grouped into homogeneous categories in order to increase the structural efficiency. We find a positive impact on growth for certain government expenditures such as expenditures aimed at improving human resources, property protection and social investment and a negative one for distortionary taxation. The results provide empirical evidence for the theoretical predictions of endogenous growth.

Investment is one of the most important generators for growth and development of national economies. In case of B&H there is a great need for domestic as well as international investments. Therefore, it is necessary to improve, in the first place, the legal environment including ease of company registration, unification of rules at the state level, simplification of administrative procedures etc. It could attract more domestic and international investors to invest in important projects and to improve overall economical situation in B&H. To achieve this goal, it is necessary to meet the essential requirement for successful implementation of various reforms related to macroeconomic stability, financial and technological infrastructure, openness to international trade and transparency of political and legislative environment. The Reform Agenda for Bosnia and Herzegovina was adopted in 2015 and provides, among other things, the creation of conditions and appropriate environment for increase of investments and modernization of the B&H economy, with the aim of economic growth and creation of new jobs. It also assumes strengthening the rule of law, administrative capabilities and increase efficiency in public institutions at all levels of government. In order to contribute to enforcement of this document and to present current advantages and obstacles for investments in Bosnia and Herzegovina, this paper analyzed the provisions of applicable laws relating to foreign investments and economic indicators as a consequence of such legal framework and current position of B&H. Research findings indicate that the implementation of the abovementioned structural reforms is a condition sine qua non for increase of foreign direct investments in Bosnia and Herzegovina as well as for its path towards integration with the European Union.

The study examines 173 students at the International University of Sarajevo regarding their entrepreneurial intention towards networking and business environment. The methodology is based on a random sample while various statistical analyses are used to acquire the empirical results. Findings of the study revealed that there is a positive relationship between entrepreneurial orientation dimensions and business environment, and networking. Moreover, all entrepreneurial dimensions are affected by either business environment or networking. Practical and educational implications are discussed.