Ivana Kostadinović – Faculty of Economics, University of Niš, Trg kralja Aleksandra Ujedinitelja 11, Niš, Serbia
Sunčica Stanković – Faculty of Management Zaječar, Megatrend University, Park šuma Kraljevica bb, Zaječar, Serbia
7th International Scientific-Business Conference – LIMEN 2021 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – CONFERENCE PROCEEDINGS, Online/virtual, December 16, 2021, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-54-7, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.2021
Keywords:
Small and medium
enterprises sector;
Business;
Competitiveness;
Innovation;
Republic of Serbia;
European Union
DOI: https://doi.org/10.31410/LIMEN.2021.1
Abstract
In modern conditions, developed market economies base their growth and development on the small and medium enterprises sector and entrepreneurship, as the most efficient segment of the economy, which provides the greatest contribution to employment, GDP and turnover. Since SMEs significantly contribute to employment, competitiveness and exports, developed countries have taken a systematic and organized approach to encourage their development and successful functioning. Following the example of developed countries, developing countries, are increasingly basing their economic growth and development on the SME sector. In the Republic of Serbia, at the beginning of the 21st century, institutional changes were implemented, which resulted in the improvement of the business environment and significant progress in building a system for encouraging and supporting the development of SMEs. The paper aims to, through comparative analysis, explain the development of the SME sector in the Republic of Serbia and the European Union.
Download file
LIMEN Conference
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
References
Kostadinović, I. (2018), Karakteristike i perspektive razvoja malih i srednjih preduzeća u Republici Srbiji, Leadership & Management: Integrated Politics of Research and Innovations, Fourth International Scientific-Business Conference LIMEN, Beograd, str. 96-102.
Mićić, V. (2010). Konkurentnost industrije Srbije kao pretpostavka njenog efikasnog razvoja, doktorska disertacija, Ekonomski fakultet, Kragujevac.
Ministarstvo privrede, (2020). Izveštaj o malim i srednjim preduzećima i preduzetništvu za 2018. godinu, Sektor za razvoj malih i srednjih preduzeća i preduzetništva, Beograd.
Republički sekretarijat za javne politike, Vlada Republike Srbije, (2020). Izveštaj o konkurentnosti i privrednom razvoju Republike Srbije, Beograd.
The Global Innovation Index, Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) Reports: 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019.
World Bank, (2020). Doing Business – Comparing Business Regulation in 190 Economies, International Bank for Reconstruction and Development, Washington.
World Economic Forum, (2020). The Global Competitiveness Report 2019, WEF, Geneva, Switzerland.
