Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/146301 
Year of Publication: 
2015
Citation: 
[Journal:] UTMS Journal of Economics [ISSN:] 1857-6982 [Volume:] 6 [Issue:] 1 [Publisher:] University of Tourism and Management [Place:] Skopje [Year:] 2015 [Pages:] 155-163
Publisher: 
University of Tourism and Management, Skopje
Abstract: 
There are many types of econometric models used in predicting the inflation rate, but in this study we used a the paper explores the possibilities of technology development in terms of globalization. In the beginning the characteristics of globalization are analyzed. These questions are looking for answers which are the basic directions for technology development which influence the choice of business strategy. The basic technology paradigms in terms of globalization, which dictate the technology development, are analyzed there: knowledge, innovations, renewable recourses of energy and information and telecommunication technology. All these categories are presented through the case of the Republic of Macedonia. The goal of the paper is to show that with bigger education, innovations, renewable energy and information technology, Republic Macedonia can survive at the global world market.
Subjects: 
globalization
technology development
technology paradigms
competition
Republic of Macedonia
JEL: 
O3
Document Type: 
Article

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