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Small Enterprise Development in South-East Europe

Small Enterprise Development in South-East Europe
Author: Will Bartlett
Publisher: Springer Science & Business Media
Total Pages: 330
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461509599

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Since the end of the Kosovo war in 1999, increasing attention has been paid to the problems of economic development and reconstruction in South-East Europe. In a context of limited resources, small and medium sized enterprises (SMEs) have a key role to play in creating jobs and building a dynamic entrepreneurial economy. Small Enterprise Development In South-East Europe presents important findings from recent empirical research on key factors, which hinder sustainable SME growth in South-East Europe. Finance is identified as a critical barrier to growth, and the role of commercial banks, micro-finance institutions and credit cooperatives in assisting growth is addressed. Yet finance alone is not enough. A rebuilding of social capital, a reduction of the unofficial or grey economy, and the promotion of inter-firm networks and clusters are also of vital importance in promoting sustainable growth. The book concludes with critical analyses of SME policies in Albania, Croatia, and Macedonia, countries which hitherto have received little attention in the literature. Small Enterprise Development in South-East Europe will be of great interest to policy makers, business consultants, and academics and post-graduate students working on economic development and reconstruction in South-East Europe.


South East Europe Compact for Reform, Investment, Integrity and Growth Macedonia - Enterprise Policy Performance Assessment

South East Europe Compact for Reform, Investment, Integrity and Growth Macedonia - Enterprise Policy Performance Assessment
Author: OECD
Publisher: OECD Publishing
Total Pages: 63
Release: 2004-02-02
Genre:
ISBN: 9264032274

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Private investment by Small and Medium-sized Enterprises (SMEs)1 is a key generator of economic growth and social change in OECD member country economies. In most countries, over 90% of all enterprises are SMEs. It is now widely accepted that the ...


Small Businesses Trickling Up in Central and Eastern Europe

Small Businesses Trickling Up in Central and Eastern Europe
Author: Galen Spencer Hull
Publisher: Routledge
Total Pages: 298
Release: 2013-01-11
Genre: Business & Economics
ISBN: 1136530991

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First published in 1999. Small businesses now constitute the most dynamic element of growth in the emerging markets of the Central and Eastern European region. This book argues that the small and medium sized enterprise (SME) sector has contributed more to the growth of these countries in transition than have privatized state enterprises and the public sector. In 1989 most of the countries of Eastern and Central Europe were still under an economic system dominated by state-owned enterprises. Since then a process of liberalization has been unleashed to promote free market policies. This has involved programs of privatization and restructuring of public enterprises, as well as the promotion of policies to enable a private sector to develop. Small businesses are creating thousands of new jobs while large companies are "retrenching and downsizing" their work force. In some countries of the region this process is much further along than in others. However, the SME sector has developed at a more rapid pace than has the privatization of the large public companies. There has been a flurry of new enterprises springing up throughout the region which are "trickling up" in a frequently hostile environment against tremendous odds, and yet managing to have a pronounced impact on their respective economies. Small businesses have taken over in sectors that used to be dominated by big enterprises, primarily in services and consumer products. They have provided a crucial outlet for pent-up entrepreneurial talent that had remained dormant during the long period of state domination. This work urges legislators, policy-makers, and development agencies alike to take account of the importance of the SME's in their legislation and planning. Given a more favorable environment, these small businesses will provide even greater impetus for economic growth. Equally important is for entrepreneurs themselves to be convinced of the rightness of their path in societies that have traditionally looked down upon profit-seekers as unscrupulous and selfish. If the CEE region is to achieve its full potential of economic growth, policies and support mechanisms to promote the SME sector will be needed to assure a favorable environment.


South East Europe Compact for Reform, Investment, Integrity and Growth Montenegro - Enterprise Policy Performance Assessment

South East Europe Compact for Reform, Investment, Integrity and Growth Montenegro - Enterprise Policy Performance Assessment
Author: OECD
Publisher: OECD Publishing
Total Pages: 53
Release: 2004-02-02
Genre:
ISBN: 9264032282

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Private investment by Small and Medium-sized Enterprises (SMEs)1 is a key generator of economic growth and social change in OECD member country economies. In most countries world-wide over 90% of all enterprises are SMEs. It is now widely accepted ...


Small Firms and Entrepreneurship in Central and Eastern Europe

Small Firms and Entrepreneurship in Central and Eastern Europe
Author: Oliver Pfirrmann
Publisher: Springer Science & Business Media
Total Pages: 323
Release: 2012-12-06
Genre: Business & Economics
ISBN: 3642574602

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Much of the research on transformation/transition in Central and Eastern European Countries (CEECs) focuses on macroeconomic issues (inflation, economic growth, employment ...). Little research has been devoted so far to microeconomic analysis. Recently the issue of new enterprises and firm founders has moved to the centre of economic and policy considerations. Readers of this book will learn about the role played by these firms in the transformation of central and eastern European countries. The book also includes contributions from Central and Eastern Europe on which little or no investigation has been performed until now (Yugoslavia, Romania, Slovakia).


Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe

Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe
Author: Friederike Welter
Publisher: Edward Elgar Publishing
Total Pages: 273
Release: 2011
Genre: Business & Economics
ISBN: 0857933531

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This unique Handbook explores the role of government in the development of entrepreneurship in countries where twenty years ago private enterprise was illegal or barely tolerated. The expert contributors reveal that government policy is one of the key influences on the external environment in which businesses develop, particularly in countries where it has been necessary to redefine the role of the state in relation to business development. They outline how government policy can also act as an enabling and/or a constraining force with respect to entrepreneurship development, particularly in relation to institutional change and the development of a market-based economy. This Handbook includes up-to-date information and analysis as to how entrepreneurship policies have evolved in the wider Europe, focusing on the challenges that arise in designing and implementing entrepreneurship policy. The Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe excellently covers different facets of entrepreneurship policies in Central and Eastern Europe and will prove invaluable for academics, students and researchers of entrepreneurship and small business as well as policy studies. Policy makers will also find plenty of key insights and relevant information in this important resource.


When Economies Change Hands

When Economies Change Hands
Author: Leo Paul Dana
Publisher: Routledge
Total Pages: 375
Release: 2013-09-05
Genre: Business & Economics
ISBN: 1136402314

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Gain a comprehensive understanding of the development of entrepreneurship across Eastern Europe Throughout Eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. When Economies Change Hands evaluates the nature of entrepreneurship in this region, the consequences of central planning, the reasons for internal subsistence activity, and the emergence of the sex trade in Eastern Europe. The wealth of information in this resource is clearly presented and includes thought-provoking policy prescriptions for the future. It is challenging to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. When Economies Change Hands can help. This reference volume for policymakers, educators, investors, and researchers provides a much-needed and timely survey of the transitioning markets of post-Communist Europe. It examines the historical, sociocultural, and economic impacts of market transition. The text includes a discussion of the creation and distribution of wealth in the countries of Eastern Europe that will leave you better informed about the dynamics of transitioning economies and the growth of entrepreneurship across Eastern Europe. In addition, the book demonstrates the problems and advantages of both slow reform and rapid reform models in a thorough and easy-to-read manner. When Economies Change Hands includes vivid photos of notable entrepreneurs and a sophisticated trail of references for academics that complements the useful and meaningful information you will find in the text. When Economies Change Hands examines how various policies affect the economies of transitioning countries by incorporating and discussing: detailed definitions and comparisons of formal and parallel economies an in-depth study of entrepreneurship in the Republic of Albania, the Eastern Bloc of Comecon, The Baltic States, and the Commonwealth of Independent States pluralism in the former Yugoslav Republics analyses of governmental programs and policy prescriptions for the future and much more! As the market economies of Eastern Europe develop and expand, the value of this meticulous yet accessible text will continue to increase. Whether you are a policymaker, an educator, an investor, or a researcher, When Economies Change Hands is a resource that you’ll return to again and again as you work to understand and predict the future of post-Communist economies in Eastern Europe.


South East Europe Compact for Reform, Investment, Integrity and Growth Albania - Enterprise Policy Performance Assessment

South East Europe Compact for Reform, Investment, Integrity and Growth Albania - Enterprise Policy Performance Assessment
Author: OECD
Publisher: OECD Publishing
Total Pages: 65
Release: 2004-02-02
Genre:
ISBN: 9264030883

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Private investment by Small and Medium-sized Enterprises (SMEs)1 is a key generator of economic growth and social change in OECD member country economies. In most countries, over 90% of all enterprises are SMEs. It is now widely accepted that the ...


The New Entrepreneurs of Europe and Asia

The New Entrepreneurs of Europe and Asia
Author: Victoria E. Bonnell
Publisher: Routledge
Total Pages: 405
Release: 2015-05-20
Genre: Business & Economics
ISBN: 1317455622

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While attention has been focused on high-level struggles over control of giant enterprises in China and the former Soviet bloc, a remarkable but underreported revolution has been occurring at the grass-roots level. This volume examines the profiles of entrepreneurs and the patterns of business development in the post-socialist countries Bringing together the perspectives of all the social science disciplines, from anthropology through economics and political science to sociology, the contributors identify the criteria for survival and success of independent businesses in different environments. Their findings shed light not only on the "transition from socialism" at the micro-level, but also on the conditioning effects of different economic, historical, legal, and social conditions on the conduct of independent economic initiatives.


Cross-Border Entrepreneurship and Economic Development in Europe's Border Regions

Cross-Border Entrepreneurship and Economic Development in Europe's Border Regions
Author: David Smallbone
Publisher: Edward Elgar Publishing
Total Pages: 277
Release: 2012-01-01
Genre: Business & Economics
ISBN: 1781952167

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This volume is concerned with entrepreneurship and economic development in EuropeÕs border regions, focusing on the effects of EU enlargement on these regions, both within the EU and in neighbouring countries. Particular attention is paid to cross-border entrepreneurial activity. Cross-border cooperation involving entrepreneurs is attracting increasing attention in Europe as EU enlargement has increased the length of its borders with the former Soviet republics. The expert contributors highlight that border regions tend to be economically disadvantaged as a result of their peripherality, which means that cross-border cooperation for business purposes represents a potential development tool. This groundbreaking book contains an empirical evidence base drawn from regions in EU member states and the Newly Independent States, as well as providing a conceptual base for informed policy development. This insightful book will prove invaluable for academics and students of entrepreneurship, economics, development and European studies.