CLUSTERS AS A MODEL OF ECONOMIC DEVELOPMENT OF SERBIA

Jugoslav Anicic (), Svetlana Vukotic, Nebojsa Zakic, Marko Laketa and Luka Laketa
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Jugoslav Anicic: University Union-Nikola Tesla, Faculty of Entrepreneurial Business, Belgrade, Serbia
Svetlana Vukotic: University Union-Nikola Tesla, Faculty of Entrepreneurial Business, Belgrade, Serbia
Nebojsa Zakic: University Union-Nikola Tesla, Faculty of Entrepreneurial Business, Belgrade, Serbia
Marko Laketa: University Apeiron, Faculty of Business Economics, Banja Luka, Bosnia and Herzegovina
Luka Laketa: Vocational high schools for propaganda and public relations-Elit College, Belgrade, Serbia

UTMS Journal of Economics, 2013, vol. 4, issue 3, 341-354

Abstract: Insufficient competitiveness of small and medium enterprises in Serbia can be significantly improved by a system of business associations through clusters, business incubators and technology parks. This connection contributes to the growth and development of not only the cluster members, but has a regional and national dimension as well because without it there is no significant breakthrough on the international market. The process of association of small and medium enterprises in clusters and other forms of interconnection in Serbia is far from the required and potential level.The awareness on the importance of clusters in a local economic development through contributions to the advancement of small and medium sized enterprises is not yet sufficiently mature. Support to associating into clusters and usage of their benefits after the model of highly developed countries is the basis for leading a successful economic policy and in Serbia there are all necessary prerequisites for it.

Keywords: clusters; small and medium enterprises; competitiveness; economic development (search for similar items in EconPapers)
JEL-codes: O10 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)

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