LAND AS INHERITED CAPITAL Cover Image
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ZEMLJA KAO NASLIJEĐENI KAPITAL
LAND AS INHERITED CAPITAL

Author(s): Dejan Mikerević, Silvije Orsag
Subject(s): National Economy, Business Economy / Management, Energy and Environmental Studies, Environmental interactions, Green Transformation
Published by: Finrar d.o.o Banja Luka
Keywords: natural resources; land; green economy; sustainable economy; value of a company;
Summary/Abstract: Natural resources represent a very important aspect of the functioning of every national economy, but also of global economic activity in accordance with the dynamic changes in their understanding by economic science and theory over time, from unlimited availability to the importance of their possession with extremely significant implications for economic development. The definition of value as a fundamental concept of economic reasoning is also extremely important from the aspect of harmonizing economic functioning in accordance with the social circumstances prevailing at a certain time. This is how the concept of green economy was created, which implies that natural resources are extremely important for the sustainability of economic activity in the long term, and through this, a new business model has been imposed since the beginning of the second decade of the 21st century. Land as a natural resource is a very significant and limited value that must be managed in the right way with an environmentally conscious approach of companies and capital.

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