Effects of investments in capital crop production - a comparative analysis of the Republic of Croatia and the European Union
2021
Dokić, Dragan | Gregić, Maja | Gavran, Mirna | Gantner, Vesna | Škrbić, Zdenka
Creating preconditions for economic development nowadays is unthinkable without investments. From the economic aspect, investments affect the turnover of capital, which creates material and technical preconditions for local development. It is noticeable that in practice, investments are given importance only in the theoretical sense, in other words, they are talked about a lot and speculated in the media. Therefore, it is necessary to improve business in terms of modernization of tangible assets, all to create new values, as a necessary prerequisite for further survival. The paper is thematically focused on the importance of investments and their direction in the improvement of the production process, particularly the introduction of innovations and the importance of modernization of production. The increase in the amount of investment on the one hand is determined by the increase in capital equipment, but on the other hand it must be accompanied by investment spending. That is why the paper aims to show the economic importance of investing in technologies that modernize the production process, which in the long run contributes to a stronger competitive position.
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