This paper explores how entrepreneurial education and entrepreneurial environment affect entrepreneurial readiness (ER) of students from Science, Technology, Engineering, Mathematics (STEM), and business, i.e., economics and management (E&M) studies. Moreover, it examines how the combination of the aforementioned factors affect the difference in ER between STEM and E&M students. The evaluation is performed on the sample of 595 university students. The results show that two sources of entrepreneurial learning, entrepreneurial experience in the family environment and entrepreneurial education at university, combined with the field of studies represent significant factors that predetermine students’ ER. To be able to reach the highest level of ER, the combination of having entrepreneurial environment and entrepreneurial education is crucial for both E&M and STEM students. However, since E&M students show higher level of ER, the paper emphasises the importance of fostering systemic entrepreneurial education among STEM students.

Social enterprises are gaining great importance, since they can efficiently solve social problems and help reduce unemployment. Thus, it is important to discover how social entrepreneurial intention (SEI) can be enhanced. In this paper, a model of the impact of entrepreneurial education (EE) on SEI is formulated by relying on the human capital theory. It is hypothesized that EE acts on SEI directly as well as indirectly by increasing the perceived importance of social entrepreneurship (PISE). The model was evaluated on a sample of 400 students from the Republic of Serbia, and Bosnia and Herzegovina. The analysis was conducted using partial least squares structural equation modelling (PLS-SEM). In addition, a multigroup analysis was conducted in order to establish differences in the proposed relationship between countries. The obtained results indicate a positive impact of EE on SEI and a positive impact of PISE on SEI in both observed countries. The influence of EE on PISE, as well as the indirect effect of EE on SEI through PISE, was confirmed in Serbia, but not in Bosnia and Herzegovina. The results of this paper justify further government investment in the development of educational programs. This paper also gives recommendations to universities, educators, and researchers.

This paper presents an application of focus forecasting in a fast moving consumer goods (FMCG) supply chain. Focus forecasting is tested in a real business case in a Serbian enterprise. The data used in the simulation refers to the historical sales of two types of FMCG with several different products. The data were collected and summarized across the whole distribution channel in the Serbian market from January 2012 to December 2013. We applied several well-known time series forecasting models using the focus forecasting approach, where for the future time period we used the method which had the best performances in the past. The focus forecasting approach mixes different standard forecasting methods on the data sets in order to find the one that was the most accurate during the past period. The accuracy of forecasting methods is defined through different measures of errors. In this paper we implemented the following forecasting models in Microsoft Excel: last period, all average, moving average, exponential smoothing with constant and variable parameter α, exponential smoothing with trend, exponential smoothing with trend and seasonality. The main purpose was not to evaluate different forecasting methods but to show a practical application of the focus forecasting approach in a real business case.

This paper aims to investigate the outlook of energy generation by means of transformation within the context of sustainable energy development. An analysis is conducted to assess the stability of energy systems so to implement cutting-edge energy production models at the national level, with a focus on a contemporary approach to energy modeling. Considering the energy transition and the existing constraints within the energy industry, the model assesses the feasibility of the practical advancement of renewable energy sources. The bottom-up energy model was used to determine how the components of energy development sustainability can be applied until the year 2050. To perform comparison testing with the reference state scenario, the LEAP energy model was used. This instrument was selected because of its ability to provide flexible and advanced options for selecting suitable parameters for energy transformation prediction. A progressive reduction in environmental pollution can be achieved by the deployment of current methods of energy generation by transformation until the year 2050 in Serbia, as indicated by the findings. The research highlights the significance of utilizing green energy sources for the continuing development of energy and the gradual reduction in environmental pollution through value co-creation.

Ovaj rad prikazuje značaj preduzetničkog obrazovanja na fakultetima u Srbiji na osnovu rezultata istraživanja o preduzetničkoj spremnosti studenata