ENTREPRENEURSHIP DEVELOPMENT IN SERBIA: THE CHANCE FOR A WAY OUT OF ECONOMIC CRISIS

Jugoslav Anicic (), Marko Laketa, Luka Laketa, Dusan Anicic and Slavisa Lukic
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Jugoslav Anicic: Union University Nikola Tesla, Faculty of entrepreneurial business, Belgrade, Serbia
Marko Laketa: “Apeiron” University, Faculty of Business Administrtion, Banja Luka, Bosnia and Herzegovina
Luka Laketa: College for Professional Studies in Marketing Communication, Belgrade, Serbia;
Dusan Anicic: Nikola Telsa UNION Universiti, Fakultet za preduzetnički biznis, Belgrade, Serbia
Slavisa Lukic: -

UTMS Journal of Economics, 2014, vol. 5, issue 2, 189-198

Abstract: Neoliberal concept of serbian economic policy generated extremely poor results in all domains of economic and social trends, starting from low competitiveness on a world scale, high foreign indebtedness, deindustrialization of the country, all the way to the staggering unemployment. Enterpises' functioning is characterized by low competitiveness and chronic illiquidity. In those conditions, a new economic policy is argued, the one that will lead to a sustainable growth and development of economy, eliminate regional disparities, enable a necessary level of investments and ensure favourable environment for small and medium enterprises (SME) development. The assertion of entrepreneurship as a whole, production in the first place, can be a good start of progressive and, certainly, pragmatic transformation and transition of our society towards the developed world.

Keywords: economic policy; economic crisis; economic development; entrepreneurship (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2014
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