Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281512 
Year of Publication: 
2020
Citation: 
[Journal:] Amfiteatru Economic Journal [ISSN:] 2247-9104 [Volume:] 22 [Issue:] 54 [Year:] 2020 [Pages:] 533-550
Publisher: 
The Bucharest University of Economic Studies, Bucharest
Abstract: 
Establishment of new entrepreneurial ventures have a direct influence on economic growth of the economy and society of every country. It relates especially to unemployment level and net income of the employees. Given these facts, the two aims of the paper are: 1) presentation of the Innovativeness of 14 countries of South - East Europe region and two additional countries: Poland and Hungary based on their overall ranking(s) as well as Information and Communication Technologies, ICT access and ICT use; and 2) to present development and business performance of academic start-up and spin-off companies in ICT sector which were created by the University of Novi Sad (Serbia) and which allowed it to become a sustainable University. The indicators such as total number of new ventures, number of employees, total revenue and average gross profit margin were used in order to analyse establishment, development and sustainability of academic ICT start-up and spin-off companies. The study shows that sustainable measures, particularly academic start-up and spin-off companies, have a very important role in sustainable economic growth (local, national and regional) and are a significant driver of innovation. They are of key importance for the sustainable development of the University.
Subjects: 
Global Innovation Index
Information and Communications Technologies
Innovation
Academic Start-up and Spin-off Companies
Sustainable Measures
Sustainable University
JEL: 
L26
M13
M15
O30
Q55
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article

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