IDEAS home Printed from https://ideas.repec.org/a/ags/sereko/288851.html
   My bibliography  Save this article

The Importance of Creative and Innovative Small and Medium Enterprises in Overcoming of Crisis in Terms of Modern Business

Author

Listed:
  • Bogavac-Cvetkovic, Natasa
  • Milickovic, Milosav

Abstract

Creativity and innovations have become the true national wealth of the modern era. Future of the World which we operate in will be based on a completely new concept, so- called “innovation economy”. In order to sustain the existence, growth and development in the times of crisis, it is imposed as necessary that small and medium-sized enterprises use intellectual and creative resources not only in developed butalso in developing countries. The twenty-first century economies will be able to overcome crisis and progress if they accept creativity and innovations in accordance with changes. In the aforementioned processes, special emphasis is put on entrepreneurial creativity and innovations as elements of development policy and strategy of national economies.

Suggested Citation

  • Bogavac-Cvetkovic, Natasa & Milickovic, Milosav, 2016. "The Importance of Creative and Innovative Small and Medium Enterprises in Overcoming of Crisis in Terms of Modern Business," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 62(2), June.
    • Handle: RePEc:ags:sereko:288851
    DOI: 10.22004/ag.econ.288851
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/288851/files/2-2016%20pages%20151-165.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.288851?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sereko:288851. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.ekonomika.org.rs .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.