Vojislav Babić1 and Siniša Zarić2
The study measures and analyzes the influence of knowledge management on average wages in Serbian construction companies. For the purpose of this research, of Knowledge Management (KM) dataset with 11 variables was created. The main goal of the research was to examine the influence of the dataset on the average wages in medium-sized and large construction companies. At the basic sample level, through factor analysis, a total of four factor scores were isolated, representing the strategies that the companies combine in KM. Using a regression analysis, it was found that the set of the four independent variables explained 84.5% of the average wage variability in the medium-sized and large construction companies. Two of the four strategies were statistically significant. According to the first strategy, the management insisted on a larger share of experts with the master’s and bachelor degrees, while the second strategy was based on the introduction of the formal, legal protection and registration of innovative solutions, as well as a larger number of employees with a PhD degree.
Igor Mladenović
The current economic crisis has affected the level of the economic activity in many sectors of the economy. Among theorists and practitioners, the construction industry, followed by all the other industries, is increasingly said to be facing a serious crisis and to encourage its recovery of the overall economy of the Republic of Serbia. For this, the construction industry is said to be able to bear half of the economic growth of Serbia. However, taking into account the above-mentioned positions, the question is what the effects of the economic crisis on this economic sector are and what the effects of the measures imposed by the previous government of the Republic of Serbia regarding this sector were. Searching for answers to this question can to a great extent profile the answer of the current government regarding the solving of the problems in the Serbian construction industry.