| Summary: | The authors point out that the economic advantages of small companies are reflected in greater flexibility, ie, rapid adaptation to changes in the environment. These companies have more space to create new businesses and jobs. Nevertheless small and medium enterprises have local character and contribute to community development. They represent a more humane environment for work with than large companies. The Strategy of development of competitive and innovative small and medium enterprises for the period since 2008. Year 2013. The emphasis on the importance of these enterprises as w ell as development factors of production and restructuring of agribusiness and the intensive development of rural areas. Small and medium enterprises, in addition to privatization and foreign direct investment, recognized as engines of economic development. This resulted in the adoption of the Strategy for Development of Small and Medium Enterprises in the Republic of Serbia for the period 2003-2008. Year action plan to stimulate the development of SMEs and entrepreneurship 2005-2007. Year, representing a starting point, and this strategy.
|
|---|