Munich Personal RePEc Archive

The managerial culture and its impact on economic development of Kosovo

Govori, Arbiana (2013): The managerial culture and its impact on economic development of Kosovo.

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Abstract

Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of economic behavior. In this paper we deal with the identification of key functions that has the managerial culture within organization, helping managers to better understand and use the features of this important organizational phenomenon. This results in strengthening and developing the organization and leads to balanced economic development at the level of the national economy. The same happens at the level of national economy, if viewed as a macro system of what we call organization. In this context we discuss the impact of the managerial culture on economic development of Kosovo

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