Small and medium-sized enterprises, under the direction of entrepreneurs, are considered to be the driving force of economic growth and development. Entrepreneurship is associated with job creation, innovation, welfare distribution, poverty reduction and an increase in economic performances of a...

The main objective of the paper is to evaluate the effects of transition on economic trends in the Western Balkan (WB) countries by using the selected economic indicators and to elicit recommendations for more advanced economic growth. The economic trends in the WB countries in the last two...

Access to finance has been identified as the most important factor that determines the survival and development of Small and Medium-sized Enterprises (SME). Depending on the financing needs, different sources of funding are available to SMEs. However, most of their external financing sources...

Expansion of banking sector in Serbia, the result of regulatory reforms in financial system, has been followed by increased growth of capacities, productivity and profitability. Reduction in the number of banks, strengthening of the capital base and more efficient methods of management are the...

Small and Medium-sized Enterprises are recognized as the backbone of every economy and the key source of economic growth, dynamism and flexibility in advanced industrialized, as well as in transitional and developing countries. Policymakers are conclusive in attempt to promote the more dynamic...