Role of Entrepreneurial Infrastructure in Developing Companies

Bojan Cudic and Dragan Milovanovic

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2011, vol. 57, issue 3

Abstract: The general trend and demand of the European Union is that the less government intervention in the economy, but the situation is such that every state is considering options to protect its economy. Precisely, entrepreneurial infrastructure includes a wide range of infrastructure that encourages the establishment and development of business particularly where it does not happen sufficiently natural and spontaneous. Experience economies of developed countries have long been shown that investments in infrastructure that encourages the development of the company is not a cost but an investment in development. It turned out that there is no unicifiran system support growth, but each state for itself, accepting the achieved level of knowledge and experience, has to build their own systems of support. Entrepreneurial infrastructure is just one of the most effective model of support for the development of young prosperous company. Here, the entrepreneurial infrastructure we mean the set of all organizational units that should provide favorable conditions for the creation of new, or growth and development of existing enterprises. What form of entrepreneurial infrastructure will be dominant in a country depends on the state of the economy of the country and its development strategy.

Keywords: Institutional; and; Behavioral; Economics (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:288934

DOI: 10.22004/ag.econ.288934

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