EKONOMSKI I ETIČKI IZAZOVI RAZVOJA U NAREDNOM PERIODU
ECONOMIC AND ETHICAL CHALLENGES OF DEVELOPMENT IN THE FORTHCOMING PERIOD

Summary/Abstract: Although business often does in unscientific and non-technological traditional way, ambition, competition and need for solving all kinds of business problems have motivated the companies to learn, even to sponsor scientific and technological work. The economy, science and technology works closely, started from the time of industrial revolution. Communication and information technologies have been in focus of influential events in past decades, while biotechnology seems to be the most important area for cooperation among economy, technology and science, during the 21st Century. At the same time when new challenges of globalization have appeared a significant interest has been directed to development of new methods of settling manifold impacts of business in the society. Many of those impacts are far-reaching and profound, like: pollution of the environment caused by production, transport and use of the specific products; increasing problem of waste disposal and its management; devastating consequences for an individual and local communities due to the closing down of local enterprises, reduction of the size and number of employees; erosion of local cultures and the environment. Accordingly, in this paper we have done researches of economic and ethical factors of development in the forthcoming period. The research results show that among these factors there is a relation of a reciprocal determinism.

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