This paper analyzes the impact of knowledge management on the organizational performance of companies measured through previously defined economic indicators. Knowledge management in the company is observed through the factors that make up a knowledge management system, namely: business processes, people (employees), and information technology, while the same has been done for economic indicators through indicators of liquidity, indebtedness, activity, economic efficiency, and profitability. Knowledge management as a variable is described by ordinal data, while the business indicator variable is described by quantitative, real data. Research shows that most large companies have built-in elements of knowledge management, some medium-sized companies are involved in this process, and most small companies have not developed management strategies in which knowledge management exists as an important factor. The research also proves that there is a positive correlation between knowledge management and economic indicators, i.e., in other words, the research shows that knowledge management has a positive impact on reducing indebtedness and increasing liquidity, activity, economic efficiency, and profitability.

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Original scientific paperThe human factor is one of the fundamental and most important elements in the process of achieving competitive position of enterprise. For this reason, it is necessary to develop a strategy that will contribute to the prosperity and constant development of human resources in the company. One of the most significant and geographically most widespread industries in the Republic of Croatia is the metal processing industry. This industry does not currently have successful financial indicators and is heavily indebted. The aim of this paper is to show the impact of employees on the success of the enterprise. Therefore, the influence of the human factor on the competitiveness of enterprises in this industry is shown in the paper. Keywords: competitiveness; metal processing; net profit; strategy Utjecaj ljudskog faktora na konkurentnost poduzeća u metaloprerađivačkoj industriji u RHIzvorni znanstveni članak Ljudski faktor je jedan od temeljnih i najvažnijih elemenata u procesu postizanja konkurentske pozicije poduzeća. Upravo stoga, potrebno je razvijati strategiju koja će pridonijeti prosperitetu i stalnom razvoju ljudskog kadra u poduzeću. Jedna od najznačajnijih i geografski najrasprostranjenijih industrijskih grana na području Republike Hrvatske je metaloprerađivačka industrija. Ova industrija trenutno nema uspješne financijske pokazatelje i prezadužena je. Upravo se ovim radom želi prikazati utjecaj zaposlenika na uspješnost poduzeća. Odnosno, prikazuje se utjecaj ljudskog faktora na konkurentnost poduzeća u ovoj industriji.

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The goal of the paper is to examine the influence of the economic environment of the individual’s place of origin on the intensity of entrepreneurial intentions which are seen in the desire to start an entrepreneurial venture. Economic factors primarily mean the economic development of a certain area, which in the present study is expressed as the size of GDP. The study’s respondents were students who had enrolled at the Republic of Croatia’s higher education institutions where the study programmes are focused on some of the forms of entrepreneurial education: entrepreneurship, economy, and management. According to the data provided by the Agency for Science and Higher Education, in the academic year 2017/18, the total number of students enrolled in study programs relevant to research was 3768.The research was conducted on a sample of 690 students, which makes the sample size 18.31% of the total number of enrolled students. For the empirical part of the paper, the anonymous survey method was used, while different statistical methods were used to analyse the results of the survey, such as the Regression analysis, Pearson correlation coefficient, and the t-test. The conducted study proves that the level of development of the economic environment directly influenced the entrepreneurial intentions of the respondents. Entrepreneurial intentions represent the intensity of aspiration and how much an individual wants to start their entrepreneurial venture. Certain individuals might have the desire to become an entrepreneur, but multiple factors affect whether they will start their venture. It is a long way from desiring to implementing the entrepreneurial idea that initially appeared as an entrepreneurial intention. Multiple factors and determinants guide someone’s behaviour, and the intensity of the influence is different for each determinant.