Beraha, Isidora and Stanković, Ivana (2012) The role of development entrepreneurship and small and medium enterprises in managing structural changes. In: Managing structural changes : trends and requirements. Coimbra : Faculty of Economics, Coimbra, pp. 303-319. ISBN 978-972-9344-06-0
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Abstract
Small and medium-sized enterprises, under the direction of entrepreneurs, are
considered to be the driving force of economic growth and development.
Entrepreneurship is associated with job creation, innovation, welfare distribution,
poverty reduction and an increase in economic performances of a country. In the last
decade, there has been an increasing recognition of the role of entrepreneurs in
economic development of Serbia. The main objective of the chapter is to analyse
development of entrepreneurship and its contribution to economic development of
Serbia over the 2006-2010 period of time by using the methodology initially
developed by Venesaar and Loomets (2006), and adjusted to the objectives of this
study and to the available data. The methodology assesses the development of
entrepreneurship through SMEE sector development and new firm formation activity
over the observed period. The measured firm formation rate indicated relatively
strong but insufficient intensity of entrepreneurial activity. The empirical analysis
shows a relatively stable activity in firm formation over time in terms of the average
annual number of registrations per 1,000 active inhabitants and more significant
variations in terms of the ratio of new firm registrations to the registered stock of
businesses at the end of the year. The data also show a positive and significant
relationship between firm formation rate and employment generation as an
important indicator of economic development.
| Item Type: | Book Section |
|---|---|
| Additional Information: | COBISS.SR-ID: 512188514 |
| Uncontrolled Keywords: | entrepreneurship, small enterprises, medium-sized enterprises, economic development, firm formation activity, employment |
| Research Department: | ?? H1 ?? |
| Depositing User: | Users 5 not found. |
| Date Deposited: | 06 Aug 2015 12:18 |
| Last Modified: | 06 Aug 2015 12:18 |
| URI: | http://35.240.28.64/id/eprint/179 |
| Author Links: |
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