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EKONOMSKI VJESNIK / ECONVIEWS GOD. XXIX • BR. 2/2016. • STR. 289-544 • OSIJEK, PROSINAC, 2016. VOL. XXIX • NO. 2/2016 • PP. 289-544 • OSIJEK, DECEMBER, 2016 Review of contemporary business, entrepreneurship and economic issues Prethodni naslov do prosinca ./ Uredništvo / Editorial Board Previous title to December : Dražen Barković, Đula Borozan, Ivan Ferenčak, Jas- na Horvat, Mirna Leko Šimić, Marcel Meler, Josip EKONOMSKI VJESNIK Mesarić, Sunčica Oberman Peterka, Željko Požega, Časopis Ekonomskog fakulteta u Osijeku Domagoj Sajter, Nataša Šarlija, Antun Šundalić, Marijana Zekić Sušac, all from Josip Juraj Stross- Nakladnik / Publisher mayer University of Osijek, Faculty of Economics in SVEUČILIŠTE JOSIPA JURJA STROSSMAYERA Osijek, Croatia, Maja Biljan – August, University U OSIJEKU, EKONOMSKI FAKULTET U of Rijeka, Faculty of Economics, Croatia, Suzana OSIJEKU / JOSIP JURAJ UNIVERSITY OF Marković, University of Rijeka, Faculty of Tourism OSIJEK, FACULTY OF ECONOMICS IN OSIJEK and Hospitality Management, Croatia, Th omas Cleff and Regina Moczadlo, from Pforzheim Uni- Glavni urednik / Editor-in-Chief versity, Faculty of Business and Law, Germany, Vladimir Cini, Josip Juraj Strossmayer University of Erzsebet Hetesi, University of Szeged, Faculty of Osijek, Faculty of Economics in Osijek, Croatia Economics and Business Administration, Hunga- ry, Antal Szabo, Erenet, Hungary, Helena Maria Zamjenica glavnog urednika / Baptista Alves, University of Beira Interior, Depart- Deputy Editor-in-Chief ment of Management and Economics, Portugal, Sanja Pfeifer, Josip Juraj Strossmayer University of Marius Gavriletea, Babes – Bolyai University, Fac- Osijek, Faculty of Economics in Osijek, Croatia ulty of Business, Romania, Zsuzsanna Katalin Sza- bo, “Petru Maior” University, Faculty of Economics, Poasna urednica / honorary editor Juridical and Administrative Sciences, Romania, Slavica Singer, Josip Juraj Strossmayer University of Erich Schwarz, Alpen - Adria University of Kla- Osijek, Faculty of Economics in Osijek, Croatia genfurt, Faculty of Management and Economics, Austria, Antti Paasio, University of Turku, Turku Izvršna urednica / Executive Editor School of Economics, Finland, Irena Ograjenšek, Jasminka Mihaljević, Josip Juraj Strossmayer Uni- University of Ljubljana, Faculty of Economics, Slo- versity of Osijek, Faculty of Economics in Osijek, venia, Miroslav Rebernik, University of Maribor, Croatia Faculty of Economics and Business, Slovenia, Igor Jakomin, University of Ljubljana, Faculty of Mari- Urednik novak / Assistant Editor time Studies and Transportation, Slovenia, Allan Dario Šebalj, Josip Juraj Strossmayer University of Gibb, Durham University, United Kingdom, Je- Osijek, Faculty of Economics in Osijek, Croatia rome Katz, Saint Louis University, USA. Tehniki urednik/ Technical editor Oto Wilhelm, Josip Juraj Strossmayer University of Osijek, Faculty of Economics in Osijek, Croatia 290 Lektorica i prevoditeljica za engleski jezik / Časopis izlazi dva puta godišnje / English Language Editor and Translator Published biannually Ljerka Radoš Adresa uredništva / Lektorica za hrvatski jezik / Address of the editorial board Croatian Language Editor Sveučilište Josipa Jurja Strossmayera u Osijeku, Emina Berbić Kolar Ekonomski fakultet u Osijeku Trg Ljudevita Gaja 7 Radovi objavljeni u asopisu referiraju se u: 31000 Osijek / Indexed in: Croatia • Emerging Sources Citation Index, Web of Sci- ence, Th omson Reuters, New York, USA www.efos.unios.hr/ekonomski-vjesnik • CAB Abstract, Wallingford, United Kingdom www.efos.unios.hr/ekonomski-vjesnik/en/ • Econlit, Pittsburg, USA • EBSCOhost, Ipswich, USA [email protected] • ABI/INFORM, ProQuest, London, United Kingdom Copyright© 2016 Sveučilište Josipa Jurja • DOAJ - Directory of Open Access Journals, Strossmayera u Osijeku, Ekonomski fakultet u United Kingdom Osijeku • Hrčak – Portal znanstvenih časopisa Republike Hrvatske (MZOS, Srce & HIDD) Naklada / Edition 150 primjeraka / copies Godišnja pretplata / Annual subscription 200 HRK / 30 € Grafiko oblikovanje / Graphic Design Grafi ka, Osijek Tisak / Printed by Grafi ka, Osijek Izdavanje časopisa fi nancijski podupire Ministar- stvo znanosti, obrazovanja i sporta Republike Hr- vatske / Th e publishing of Journal is supported by the Ministry of Science, Education and Sports of the Republic of Croatia 291 CONTENTS / SADRŽAJ Original scientific articles / Izvorni znanstveni lanci 1. Belma Kunalić, Alisa Mujkić, Jasmin Jusić, Mirna Pajević, Dženan Rovčanin: ............................. 297 Impact of emotional intelligence on leader eff ectiveness Utjecaj emocionalne inteligencije na lidersku efektivnost 2. Ljerka Sedlan-König: ................................................................................................................................. 311 Integrating entrepreneurial self-effi cacy into education at universities Poduzetnička samoučinkovitost kao ishod učenja na sveučilištima 3. Željko Pavić, Antun Šundalić: .................................................................................................................. 323 Environmentalism and development in catholic social teaching: a case of the encyclical Laudato Si’ Ekologija i razvoj u katoličkom socijalnom nauku: slučaj enciklike Laudato Si’ 4. Marina Jeger, Nataša Šarlija, Ana Bilandžić: ...................................................................................... 335 Financial determinants of SMEs growth in the time of economic downturn Financijske odrednice rasta malih i srednjih poduzeća u vrijeme ekonomske krize Preliminary communications / Prethodna priopenja 1. Nikolina Pavičić Rešetar, Zdravko Tolušić, Zrinka Tolušić: ............................................................... 349 Joining of economic entities as a possibility of survival on the modern market Udruživanje gospodarskih subjekata kao mogućnost opstanka na suvremenom tržištu 2. Zorica Krželj-Čolović, Iris Mihajlović, Ivona Milić Beran: ................................................................ 367 Clusterization – a factor of effi ciency in small and medium hospitality enterprises Klasterizacija – čimbenik učinkovitosti malih i srednjih hotelskih poduzeća 3. Andrijana Ostojić Mihić, Christian Stipanović, Ana-Marija Alfi rević: ........................................... 381 Stimulating innovations and performance of companies in Bosnia and Herzegovina Stimuliranje inovacija i performanse poduzeća u Bosni i Hercegovini 4. Ivana Bulog: ................................................................................................................................................ 393 Th e infl uence of top management demographic characteristics on decision making approaches Utjecaj demografskih obilježja strateških menadžera na pristup odlučivanju 5. Marija Bušelić, Patricija Pavlišić: ........................................................................................................... 405 Innovations as an important factor infl uencing labour productivity in the manufacturing industry Inovacije kao bitan čimbenik utjecaja na proizvodnost rada prerađivačke industrije 6. Danijela Nujić, Josip Milas, Stjepan Rudan, Dubravka Holik, Ivan Miškulin: .............................. 421 Indicators of fi nancial management of the Croatian Health Insurance Fund from 2000 to 2014 Pokazatelji fi nancijskoga poslovanja Hrvatskoga zavoda za zdravstveno osiguranje od 2000. do 2014. godine 7. Jadranka Zlomislić, Ljerka Radoš Gverijeri, Elvira Bugarić: ............................................................. 433 Th e signifi cance of intercultural competence in cross-cultural communication Važnost međukulturne kompetencije u međukulturnoj komunikaciji 292 8. Antun Biloš, Tvrtko Galić: ........................................................................................................................ 453 Th e role of digital marketing in university sport: an overview study of higher education institution in Croatia Uloga digitalnog marketinga u sveučilišnom sportu: prikaz istraživanja na visokoobrazovnoj instituciji u Hrvatskoj Review articles / Pregledni radovi 1. Jože Perić, Maja Nikšić Radić: ................................................................................................................. 469 Macroeconomic environment and greenfi eld foreign direct investment of hotel brands Makroekonomsko okruženje i greenfi eld izravna inozemna ulaganja hotelskih brendova 2. Dario Šebalj, Ana Živković, Kristina Hodak: ........................................................................................ 487 Big data: changes in data management Big data: promjene u upravljanju podatcima 3. Siniša Bosanac, Željko Požega: ................................................................................................................ 501 Impacts of foreign investment on economic growth in transition countries Učinci inozemnih investicija na gospodarski rast zemalja u tranziciji Professional article / Struni rad 1. Irina Basara: ............................................................................................................................................... 523 Concert management in Croatia: obstacles and challenges Koncertni menadžment u Hrvatskoj: zapreke i izazovi Conference reviews / Prikazi konferencija 1. Katica Križanović: ..................................................................................................................................... 535 5. međunarodni znanstveni simpozij Gospodarstvo istočne Hrvatske – Vizija i razvoj / 5th International Scientifi c