Economic Development and Entrepreneurship in Transition Economies I
This book contributes to a better understanding of entrepreneurship in transition economies. Current literature reflects the more traditional schools of thought on entrepreneurship, which are influenced by the Western perspective, and fail to fully addres
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omic Development and Entrepreneurship in Transition Economies Issues, Obstacles and Perspectives
Economic Development and Entrepreneurship in Transition Economies
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Jovo Ateljevic´ • Jelena Trivic´ Editors
Economic Development and Entrepreneurship in Transition Economies Issues, Obstacles and Perspectives
Editors Jovo Ateljevic´ Faculty of Economics University of Banja Luka Banja Luka Bosnia and Herzegovina
Jelena Trivic´ Faculty of Economics University of Banja Luka Banja Luka Bosnia and Herzegovina
ISBN 978-3-319-28855-0 ISBN 978-3-319-28856-7 DOI 10.1007/978-3-319-28856-7
(eBook)
Library of Congress Control Number: 2016933864 © Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG Switzerland
Contents
Introduction to “Economic Development and Entrepreneurship in Transition Economies” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Jovo Ateljevic´ and Jelena Trivic´ Part I
1
Business Environment in Transition Economies
Is Culture an Underpinning or Undermining Factor in the Business Environment of the Transitional Countries? . . . . . . . . . . . . . . . . . . . . Ružica Sˇimic´ Banovic´
11
Restrictive External Factors and Their Influence to the Business Environment in the Republic of Srpska . . . . . . . . . . . . . . . . . . . . . . . . Zoran Lukic´, Predrag Ðuric´, and Boris Novarlic´
39
Assessing the Impact of Public Financial Support to Small and Medium Enterprises: An Empirical Study from the Republic of Srpska, BiH . . . Jadranka Petrovic´
57
The Public Procurement System: A Business Sector Perspective . . . . . Jelena Budak and Edo Rajh
73
The Role of Higher Education in a Knowledge Economy . . . . . . . . . . . Sabina Ðonlagic´ and Adil Kurtic´
91
Part II
Entrepreneurship and Transition Experiences
Economic
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