{"id":5896,"date":"2026-01-28T12:36:45","date_gmt":"2026-01-28T11:36:45","guid":{"rendered":"https:\/\/efri.uniri.hr\/?page_id=5896"},"modified":"2026-10-26T11:49:29","modified_gmt":"2026-10-26T10:49:29","slug":"croatian-science-foundation-projects","status":"publish","type":"page","link":"https:\/\/efri.uniri.hr\/en\/projects\/scientific-projects\/croatian-science-foundation-projects\/","title":{"rendered":"Croatian Science Foundation Projects"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Faculty of Economics and Business at the University of Rijeka actively participates in projects funded by the <strong>Croatian Science Foundation (HRZZ)<\/strong>, the key institution for supporting scientific research and development in the Republic of Croatia. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Through its involvement in HRZZ projects, the Faculty contributes to the advancement of both theoretical and applied knowledge, strengthens research capacities, and develops innovative solutions in the fields of economics, business economics, and social sciences. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Collaboration and Impact<\/strong> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Within these projects, the Faculty collaborates with national and international universities, research institutions, companies, and other relevant organizations. These projects enable: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the development of new research methods <\/li>\n\n\n\n<li>the transfer of knowledge and best practices <\/li>\n\n\n\n<li>the strengthening of professional competencies of students and researchers <\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">This page provides an overview of HRZZ projects in which the Faculty of Economics and Business in Rijeka participates as a <strong>project leader or partner<\/strong>. <\/p>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary>Artificial Intelligence and Forecast Performance in Financial Institutions: An Empirical Evaluation across the European Union<\/summary>\n<p class=\"wp-block-paragraph\">Project name: <strong>Artificial Intelligence and Forecast Performance in Financial Institutions: An Empirical Evaluation across the European Union<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Project acronym: <strong>AIFORCE-EU<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Project code: <strong>UIP-2026-5646<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Principal Investigator: <strong>Assist. Prof. Ivan Gr\u017eeta, Faculty of Economics and Business, University of Rijeka<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Funding: <strong>Croatian Science Foundation (HRZZ), Installation Research Projects (UIP-2026)<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Project budget: <strong>EUR 92,000<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Project duration: <strong>15 October 2026 \u2013 14 October 2029<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Scientific field: <strong>Social Sciences &#8211; Economics<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Abstract:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The AIFORCE-EU project investigates the potential of artificial intelligence, particularly large language models (LLMs), to improve economic and financial forecasting. Its main objective is to empirically assess whether AI-based models can enhance forecast accuracy and provide additional value compared with traditional analytical approaches.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The research covers three interconnected areas: comparing macroeconomic forecasts produced by European Union central banks with AI-augmented forecasts; evaluating AI-generated equity target prices against professional financial analysts&#8217; estimates; and examining the regulatory and institutional aspects of AI adoption in the financial sector, with particular attention to the EU AI Act.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project aims to advance scientific understanding of the capabilities and limitations of artificial intelligence in financial decision-making and provide an empirical foundation for its responsible adoption by financial institutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Research team:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Assist. Prof. Ivan Gr\u017eeta \u2013 Principal Investigator<\/li>\n\n\n\n<li>Assist. Prof. Stella Sulji\u0107 Nikolaj \u2013 Researcher<\/li>\n\n\n\n<li>Ivan Mu\u017ei\u0107 \u2013 Researcher<\/li>\n<\/ul>\n<\/details>\n","protected":false},"excerpt":{"rendered":"<p>The Faculty of Economics and Business at the University of Rijeka actively participates in projects funded by the Croatian Science Foundation (HRZZ), the key institution for supporting scientific research and development in the Republic of Croatia. Through its involvement in HRZZ projects, the Faculty contributes to the advancement of both theoretical and applied knowledge, strengthens [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":5894,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-5896","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/pages\/5896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/comments?post=5896"}],"version-history":[{"count":5,"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/pages\/5896\/revisions"}],"predecessor-version":[{"id":10314,"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/pages\/5896\/revisions\/10314"}],"up":[{"embeddable":true,"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/pages\/5894"}],"wp:attachment":[{"href":"https:\/\/efri.uniri.hr\/en\/wp-json\/wp\/v2\/media?parent=5896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}