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Improvement in Competitiveness of Serbian Small and medium enterprises

Author

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  • Prof dr Hadžiæ Miroljub

    (University Singidunum, Belgrade, Serbia, Department for Business and Faculty for Economics, Finance and Administration (FEFA))

  • Pavloviæ Petar

    (Republic of Serbia, Republic Development Bureau)

Abstract

During last decade SME became important factor of Serbian economy. Although encouraging achievements were made in their development, due to late transition process, comparing to other transitory economies and to EU, SME in Serbia are well bellow, especially in efficiency. During the World economic crisis small and medium enterprises suffered like other companies, but most severe problems are related to shops. In spite of Government increasing help shops in 2010 had a negative net demographical effect. SME are vital and very important in the phase of economic recovery, which already started, and have to be supported. In the future SME supportive policy ought to be oriented toward a) competitive improvement and b) innovation development. With more efficient small and medium scale companies only Serbian economy has better prospects on the Global market.

Suggested Citation

  • Prof dr Hadžiæ Miroljub & Pavloviæ Petar, 2011. "Improvement in Competitiveness of Serbian Small and medium enterprises," Proceedings- 9th International Conference on Mangement, Enterprise and Benchmarking (MEB 2011),, Óbuda University, Keleti Faculty of Business and Management.
    • Handle: RePEc:pkk:meb011:71-88
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