INTERNATIONAL TRANSFER OF TECHNOLOGY AND KNOWLEDGE AS A FACTOR STIMULATING ENTERPRISE DEVELOPMENT

Milena Mirković; Ljubica Milovanović

doi:10.1515/eoik-2015-0008

Authors

Milena Mirković University of East Sarajevo, Faculty of Education Bijeljina, Bosnia and Herzegovina
Ljubica Milovanović “Ljubica” Bijeljina, Bosnia and Herzegovina

DOI:

https://doi.org/10.1515/eoik-2015-0008

Keywords:

changes in technology, knowledge, international transfer, growth and development

Abstract

Modern business conditions demand from enterprises rapidly changing, adapting and constant improvement. Survival, growth and development in a growing and dynamic market can provide enterprises the time they have the necessary knowledge, information and technology. These are usually the most needed resources for growth and development and to achieve the objectives of the company. It often happens that companies do not have all these resources and do the same in contemporary business coming through the development of an international transfer. International trade provides a faster and easier transfer of technology and knowledge between countries in different parts of the world. This way of functioning and operations of the company, ie. transfer of technology and knowledge brings many benefits the company and facilitate his development path.

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