000206925 001__ 206925 000206925 005__ 20210122074845.0 000206925 0247_ $$aUDC 338.43:63 CIP 33:63(497.11) ISSN 0352-3462 COBISS.SR-ID 27671$$2Other 000206925 0247_ $$2doi$$a10.22004/ag.econ.206925 000206925 037__ $$a297-2016-3682 000206925 037__ $$a297-2016-4289 000206925 037__ $$a451-2016-34390 000206925 037__ $$a451-2016-34997 000206925 037__ $$a928-2016-73247 000206925 037__ $$a928-2016-73854 000206925 041__ $$aeng 000206925 084__ $$aQ13 000206925 084__ $$aM54 000206925 242__ $$aKAKO LJUDSKI RESURSI UTIČU NA ODŽIVOST POSLOVANJA? MODELIRANJE, TESTIRANJE I KORELACIJA HR INDEKSA I POSLOVNIH REZULTATA 000206925 245__ $$aCAN HUMAN RESOURCES INDUCE SUSTAINABILITY IN BUSINESS? MODELING, TESTING AND CORRELATING HR INDEX AND COMPANY’S BUSINESS RESULTS 000206925 260__ $$c2015-06 000206925 269__ $$a2015-06 000206925 270__ $$mjovan.zubovic@ien.bg.ac.rs$$pZubović, Jovan 000206925 270__ $$mmarko_j@iep.bg.ac.rs$$pJeločnik, Marko 000206925 270__ $$mjonel_s@iep.bg.ac.rs$$pSubić, Jonel 000206925 271__ $$mepoljoprivrede@gmail.com$$pCvijanovic, Drago 000206925 300__ $$a22 000206925 336__ $$aJournal Article 000206925 490__ $$aEconomics of Agriculture 2/2015 000206925 490__ $$aUDC: 330.322.14:005.96 000206925 500__ $$aOriginal scientific paper 000206925 520__ $$aIn this paper the authors analyze the impact of the composite human resource index on sustainable growth in a specific business sector in a transition country. Sustainability of country’s economy is growingly relying on the knowledge economy which has been implemented in strategies of sustainable development throughout Europe. The knowledge economy is mostly based on human resources and the way they are organized and managed in the companies actively operating in competitive markets. In order to confirm importance of the human resources (HR) index, results were tested by means of modeling, measuring and correlating the HR index with business results at micro level. The tests were conducted on the data from the survey in Serbian meat processing industry. The results were then compared with the results from the survey conducted in a financial industry. Moreover, a model was made that could be applicable in all countries that do not have available official statistic data on the level of investments in human resources. The focus was on determining the correlation direction, and hence creating a research model applicable in all business sectors. It has been found that a significant one-way correlation exists between business performance and increased HR index. In that way it has been confirmed that in Serbian economy that has recorded global decrease during transition, certain business sectors, and especially companies with high levels of investments in improving its HR index record above average and sustainable growth. 000206925 650__ $$aAgribusiness 000206925 650__ $$aLabor and Human Capital 000206925 650__ $$aMarketing 000206925 6531_ $$aInvestments 000206925 6531_ $$aHR index 000206925 6531_ $$aCorrelation 000206925 6531_ $$aModeling 000206925 700__ $$aZubović, Jovan 000206925 700__ $$aJeločnik, Marko 000206925 700__ $$aSubić, Jonel 000206925 720__ $$aCvijanovic, Drago$$eeditor 000206925 773__ $$q399$$o420$$tEconomics of Agriculture$$j62$$k2$$dApril-June 2015 000206925 8564_ $$94e1c6cf2-9415-401d-831b-b46155441133$$s723768$$uhttps://ageconsearch.umn.edu/record/206925/files/8%20EP%202%202015.pdf 000206925 887__ $$ahttp://purl.umn.edu/206925 000206925 909CO $$ooai:ageconsearch.umn.edu:206925$$pGLOBAL_SET 000206925 912__ $$nSubmitted by Marko Jelocnik (marko_j@iep.bg.ac.rs) on 2015-07-24T08:53:12Z No. of bitstreams: 1 8 EP 2 2015.pdf: 723768 bytes, checksum: e449fac06c918c9ad7d6cd4cae8dc07f (MD5) 000206925 912__ $$nMade available in DSpace on 2015-07-24T08:53:12Z (GMT). No. of bitstreams: 1 8 EP 2 2015.pdf: 723768 bytes, checksum: e449fac06c918c9ad7d6cd4cae8dc07f (MD5) Previous issue date: 2015-06 000206925 913__ $$aLicense granted by Marko Jelocnik (marko_j@iep.bg.ac.rs) on 2015-07-24T08:41:11Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (&ldquo;Work&rdquo;). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (&ldquo;University&rdquo;), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000206925 980__ $$a928 000206925 982__ $$gEconomics of Agriculture>Volume 62, Number 2, April-June 2015