The Role of the Management in Kosovo SME's,the Help they need to overcome the Economic Crisis
AbstractWe must admit, whether we agree or not that the SMEs in Kosovo as well as in the majority of the world's economy are a driving force for an economic growth, as well as an important part of the national industry. The various flows of economic cycles in transition identify SMEs to be the promoters of the private initiative and necessary entrepreneur activities to face the economic crisis. SMEs have shown their advantage towards the other national industry because they have indicated to be flexible and ready to react quickly towards the market demands and with the same speed to adopt in changes within the environment. Even Kosovo, as an undeveloped economic country, experiencing a 20 years conflict, happens to be in a crossroad in order to determine the appropriate path to be followed that shall set forth the future of the national economy which under the current situation is very dependable and oriented towards importation of goods and services. The situation of the Kosovo SMEs can be described as difficult, as well as facing further difficulties to stabilize their own business and to compete with foreign products that are presented in the domestic market. The way this problem is overcome in the European Union countries and in countries in transition, which needs to be taken as an example, is that such countries have controlled this problem through regulations or laws the help provide to the SMEs. This needs to be taken as a lesson by Kosovo, aiming to strengthen the SMEs to be capable to compete and grow in the market as well as to impact in national economic growth.
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Bibliographic InfoArticle provided by ASERS Publishing in its journal Journal of Advanced Research in Management.
Volume (Year): I (2010)
Issue (Month): 2 (December)
Pages: 139 - 144
Contact details of provider:
Web page: http://www.asers.eu/journals/jarm.html
Management; Small and Medium Enterprises (SME); economic growth; help; competition;
Find related papers by JEL classification:
- L0 - Industrial Organization - - General
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
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