Entrepreneurship in Post-Communist Countries New Drivers Towards a M
This volume analyzes the barriers to, as well as new drivers for, entrepreneurial development in post-communist countries. The contributors present various country studies, mainly in the Balkans region, and investigate entrepreneurial behavior and best pr
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repreneurship in Post-Communist Countries New Drivers Towards a Market Economy
Entrepreneurship in Post-Communist Countries
Jovo Ateljević • Jelena Budak Editors
Entrepreneurship in Post-Communist Countries New Drivers Towards a Market Economy
Editors Jovo Ateljević Faculty of Economics University of Banja Luka Banja Luka, Bosnia and Herzegovina
Jelena Budak The Institute of Economics Zagreb, Croatia
ISBN 978-3-319-75906-7 ISBN 978-3-319-75907-4 https://doi.org/10.1007/978-3-319-75907-4
(eBook)
Library of Congress Control Number: 2018941544 © Springer International Publishing AG, part of Springer Nature 2018 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. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by the registered company Springer International Publishing AG part of Springer Nature. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Foreword
The entrepreneur is at the same time one of the most intriguing and one of the most elusive characters in the cast that constitutes the subject of economic analysis (Baumol 1968, p. 64). For market-oriented economies, understanding the elusive ways of the entrepreneur is key for fueling sustainable economic growth. The goal is clear but the challenge lies in the details: how to cultivate and support innovative and job creating entrepreneurship development? This challenge becomes even greater in post-conflict environments such as in Southeast Europe (SEE) where the political and policy landscape is undergoing significant changes. There is little doubt that in the SEE countries, entrepreneurship will play a critical role in rejuvenating economic development and growth. Already, a significant share of small and medium-sized enterprises (SMEs) positively contributes to economic growth in the SEE region. It is important to remember that entrepreneurship is conditional: Economic
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