Author:
Abstract
In the wood industry the furniture production in Bosnia and Herzegovina is affected by several factors such as Government tight regulations and lack of stimulations by Government. The wooden furniture production is divided into two main categories; primary and secondary. The wood production has major impact on Bosnian economy and there is a need for updating the current regulations and laws related to it. This research aims to investigated the effect of different regulations and laws on the development and improvement of wooden furniture production in B&H with comparison with different surrounding countries. Qualitative analysis based on preview of different literature and papers published on this topic were done to estimate the impact of different regulations on the development of this industry. This paper finds that benefit of final product in wood industry for private but also for government, profitability of each stage of finalization, contribution to economy, employment rate ... This paper recommend further investigation conducted in more companies from this industry to be done.
Keywords
Abstract
In the wood industry the furniture production in Bosnia and Herzegovina is affected by several factors such as Government tight regulations and lack of stimulations by Government. The wooden furniture production is divided into two main categories; primary and secondary. The wood production has major impact on Bosnian economy and there is a need for updating the current regulations and laws related to it. This research aims to investigated the effect of different regulations and laws on the development and improvement of wooden furniture production in B&H with comparison with different surrounding countries. Qualitative analysis based on preview of different literature and papers published on this topic were done to estimate the impact of different regulations on the development of this industry. This paper finds that benefit of final product in wood industry for private but also for government, profitability of each stage of finalization, contribution to economy, employment rate ... This paper recommend further investigation conducted in more companies from this industry to be done.