IDEAS home Printed from
   My bibliography  Save this article

Small and Medium-Sized Enterprises as a Factor of Serbian Economy


  • Dragan Ivkovic

    () (Faculty of Business Economics and Entrepreneurship)

  • Marija Cukanovic Karavidic

    (Faculty of Business Economics and Entrepreneurship)

  • Sladjana Vujicic

    (Faculty of Business Economics and Entrepreneurship)


In contemporary conditions of economy, small and medium enterprises are one of the key development factors of economy of every country. These companies make 99% of the total number of registered companies in most countries. In addition to the impact that these companies have on strengthening of employment, they also affect improvement of the economic situation of a country as well as the development of competition. In Republic of Serbia, small and medium- sized enterprises are the most profitable segment of economy. This sector realizes about 46% of exports and 60% of imports and employs over 67% of total number of employees. Also, balanced regional development of Serbia largely depends on the success of small and medium-sized enterprises and their equitable distribution.

Suggested Citation

  • Dragan Ivkovic & Marija Cukanovic Karavidic & Sladjana Vujicic, 2012. "Small and Medium-Sized Enterprises as a Factor of Serbian Economy," Economic Analysis, Institute of Economic Sciences, vol. 45(3-4), pages 31-45.
  • Handle: RePEc:ibg:eajour:v:45:y:2012:i:3-4:p:31-45

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Small and medium-sized enterprises; development; economic crisis; business operations;

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development


    Access and download statistics


    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:ibg:eajour:v:45:y:2012:i:3-4:p:31-45. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zorica Bozic). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.