Agriculturae Conspectus Scientificus, Vol 71, No 1 (2006)

The Efficiency Analyses of Croatian Sugar Industry by Using the Concept of Intellectual Capital


Pages: 27-35


During the last fi ve years the sugar industry has become one of the most important branches of Croatian food industry. It is connected with a signifi cant number of various industries in a complex way and employs a signifi cant number of people. A development of the sugar industry stimulates development of commerce, logistics, and a number of correlated industries whose products are necessary in sugar production. Croatian sugar factories have been present at the neighbouring markets and the European Union market for several years. Th e share of sugar in the total export of agricultural products increases every year and in the year 2004, it was 26.8% with the tendency of increasing in the year 2005. Th e foundation of the Intellectual capital (IC) concept, as a method of increasing the entire business effi ciency, can be found in the papers of economic theoreticians in the middle of the last century but it reached its real break through in the past 15 years when the concept got more applied and the theory of intellectual capital was developed. In order to prepare Croatian economy for the competition that is expecting Croatia by joining the European Union with full membership, especially the agricultural sector, the application of the IC concept is expected to result with an increase of business effi ciency. Th e intellectual capital concept represents a recommended base, which will help Croatian sugar mills in achieving a better position at the highly competitive market of the European Union.


intellectual capital management; sugar industry; measuring efficiency

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