University of Ljubljana, Faculty of Economics

About: University of Ljubljana, Faculty of Economics is a based out in . It is known for research contribution in the topics: Productivity & Tourism. The organization has 251 authors who have published 533 publications receiving 16109 citations.

Current Trends in Financing Higher Education – European, North American, and Australian Higher Education Financing Changes and Challenges Overview

Abstract: Modern world and globalization is strongly influencing rapid changes in society development. Developed societies have set new standards and expectations of higher education; however, costs of higher education are growing way faster than inflation. Post-secondary education has grown more than double in the last two decades. The changes in economy - rising costs in economy, inflation rate growth, growing cost of capital, and changes in GDP, are closely connected to the rising prices as well as growing costs of tuition fees in higher education. Costs of higher education have also more than doubled in the last two decades. As the above mentioned changes appear, often they are followed by developing trends of financing – in this case, new trends in financing education. This paper is showing an overview and comparison in financing trends in higher education in three continents used as world benchmarks in education business development - Europe, North America, and Australia. All three continents have a different history on education development, as well as different views on business development, so this paper will represent a real overview of the most common education societies in the world.

How Do Trading Firms Upgrade Skills and Technology: A Theoretical Model

Abstract: This paper studies the mechanisms of skill upgrading in trading firms by developing a theoretical model that relates the individual’s incentives for acquiring higher skills to the profit-maximizing behaviour of trading firms. The model shows that only the high ability individuals have incentives for acquiring higher skills, as long as they are compensated with higher wages after entering employment. Furthermore, high-productive firms have incentives for investing in higher technology, to employ high-skilled labour, and to engage in international trade. The decisions for technology dress-up and skill upgrading coincide with firm’s decisions to start importing and exporting as the latter requires higher technology and high-skilled labour. Contributions of the paper are twofold: gaining new insights by combining fragments of models on individual’s and firm’s behaviours, and broadening the content of the Melitz (2003) model by introducing importers and controlling for skilled and unskilled labour. DOI: 10.15458/85451.5

Conceptualization of BIS Embeddedness Determinants

Abstract: Actual and effective use of Business Intelligence Systems (BIS) is considered as one of the main sources of competitive advantage for long-term survival of organizations and presents a link between the information provided by BIS and the business value of BIS. Acceptance of BIS should not be understood only as frequency and intensity of use, which was the focus of most previous research focused mostly on operational IS. Using BIS must become embedded in the business value generation process. In this study we develop a conceptual model of BIS embeddedness with a specific set of determinants identified using exploratory analysis based on semi-structured interviews among professionals in the field. Understanding acceptance and use of BIS presents a priority item for both researchers and practitioners in the field alike, as better understanding of these factors might improve the utilization and business value of BIS in organizations.

Unilateral Cancellation of Contracts in French, English and Chinese Law

Abstract: This paper offers a comparative evaluation of the unilateral cancellation of contracts in French, English and Chinese contract law The main propositions and conclusions are: (1) in principle, contracts should not be unilaterally cancellable by any contracting party; (2) with several preconditions, efficiency requires the unilateral cancellation of open-ended contracts to be permitted, as in fixed-term contracts where the right to unilateral cancellation is expressly provided for; (3) in order to deter opportunism, such cancellation should only be awarded if it is not due to socially harmful behaviour – a good faith standard for cancellation should be introduced; (4) a certain advance notice period should be given in order to enable the non-cancelling party to adapt to the new, changed circumstances and to recoup their initial investment; and finally (5) analysis reveals that Chinese contract law differs from French and English contract law

How Strategy Affects Financing Model in Private Higher Education Institutions - Fundraising IESFF Model

Abstract: Strategy is often closely connected to management of higher education institutions (HEI), but strategy in financing is also an important issue. HEI’s often need additional funds in order to finance their extracurricular activities, but only a small number of HEI’s is using a fundraising as a competitive advantage in their finances. As fundraising case offers a lot of already developed models based on strategy modifying, not all of them can be introduced to HEI’s in post-communist countries that have never faced expanded philanthropy. Due to the fact that HEI’s had a competitive role on education market and act similar to a business, their fundraising strategic models have to be customized. Not all strategies or models are applicable to all HEI’s. There are a lot of different factors that influence the strategy change and also affect the financing model. Through this paper is shown how to determine the right financing strategy as well as is developed new fundraising model based upon modified strategy for previous mentioned economic area.