From General Support to More Sophisticated Kind of SME Support

Miroljub Hadžić () and Petar Pavlović ()
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Miroljub Hadžić: Faculty of Business and Faculty for Economics, Finance and Administration, Singidunum University, Belgrade, Serbia
Petar Pavlović: Republic Development Bureau, Republic of Serbia, Belgrade, Serbia

Chapter 2010-05 in European Entrepreneurship as an Engine for Post-Crisis Development – Challenges and Opportunities. Proceedings of the International Conference, 8 – 10 September 2010, Borovets, Bulgaria, 2015, pp 81-90 from Bulgarian Association for Management Development and Entrepreneurship

Abstract: Importance of SMEs is emphasized in the condition of World Economic Crisis, as an agent of innovation and competition improvement. During transition period Serbia improved overall climate for SME development. It is important to bear in mind that Serbia is facing very sensitive phase of SME development and adequate supportive policy. Namely, it is essentially important to move from the period of extensive into intensive SME growth. It means that the role of innovative, knowledge based and fast growing small and medium sized companies is becoming predominant throw time. The aim of the proposed paper is threefold: firstly, to examine achieve-ments of SME support in Serbia during transition period, secondly, to point out experience of other transitory countries in attempt to overcome expansive SME development and thirdly, to envisage the main points of an intensive policy support.

Date: 2015
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