Mimo Draskovic

University of Montenegro,

Podgorica, Montenegor

E-mail: rookie@t-com.me

ORCID 0000-0003-0368-1934

Possibility of business cooperation in the selected Adriatic Sea ports

Radislav Jovovic

University of Mediterranean

Podgorica, Montenegro

E-mail: radejovovic@t-com.me

Marcin Rabe

Faculty of Management and Economics of Services, University of Szczecin, Szczecin, Poland

E-mail: marcin.rabe@wzieu.pl

ORCID 0000-0002-4817-1971

Abstract. The subject of this paper is the analysis of perceptions of 210 respondents about the level of possible business cooperation between the three Adriatic seaports (Bar, Koper and Rijeka). The aim of the research is to assess the degree of negative impact of individual key influencing factors which are grouped in the model according to the principle of compatibility into three independent variables at the level of possible business cooperation (as dependent variables). It starts from the basic hypothesis that further development of these seaports, among other things, should be based on their greater business cooperation, because it can significantly increase their competitiveness (Juscius et al., 2020) in the wider region through better business and logistics competencies. The authors have also defined the auxiliary hypothesis that in order to establish the mentioned business cooperation, it is necessary to overcome many economic, political, institutional and other barriers (Gupta et al. 2019; Panikarova et al, 2020; Draskovic et al., 2020). The paper uses the method of multiple linear regression to determine the relationship between the dependent and the independent variables.

Received: December, 2019

1st Revision: May, 2020

Accepted: September, 2020

DOI: 10.14254/2071-789X.2020/13-3/4

JEL Classification: L92, O18, R49

Keywords: economic modeling, seaports, Koper, Rijeka, Bar