Đorđe Ćelić – Faculty of Technical Sciences, University of Novi Sad, Trg Dositeja Obradovića 6, 21000 Novi Sad, Serbia
Zorica Uzelac – Faculty of Technical Sciences, University of Novi Sad, Trg Dositeja Obradovića 6, 21000 Novi Sad, Serbia
Zoran Drašković – Faculty of Technical Sciences, University of Novi Sad, Trg Dositeja Obradovića 6, 21000 Novi Sad, Serbia


DOI: https://doi.org/10.31410/LIMEN.S.P.2019.99


5th International Scientific-Business Conference – LIMEN 2019 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – SELECTED PAPERS, Graz, Austria, December 12, 2019, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-27-1, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.S.P.2019



High-tech entrepreneurship is one of the means by which new knowledge and technologies are
converted into economic and social benefits. This paper presents bottom-up development of high-tech
entrepreneurial ecosystem in transitional economy through the example of the city of Novi Sad, and the
University of Novi Sad, Serbia. Entrepreneurial ecosystems are defined as sets of interdependent actors
and factors coordinated in such a way that they enable productive entrepreneurship within a particular
territory. Current scientific literature which examines high-tech startup ecosystems is underdeveloped.
Most of the papers are focused on superficial generalizations based on successful case studies such as
Silicon Valley and Boulder in USA, Tel Aviv in Israel, Berlin in Germany or Beijing in China, while neglecting
the state of high-tech ecosystems in developing countries. In this paper the authors present the
state of development of one such high-tech ecosystem, which is of great importance to Serbia.



Startups, Transitional economy, High-tech entrepreneurial ecosystem.




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