Investment in innovation of SMEs, evidence from Balkan countries

Grozdanić, Radmila and Radović-Marković, Mirjana and Papić, Željko and Kvrgić, Goran and Jevtić, Boris (2012) Investment in innovation of SMEs, evidence from Balkan countries. Metalurgia internaţional. ISSN 1582-2214

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This paper explores the issue of investment in innovation of SMEs in Western Balkan countries, as strategic base for the improvement of their technological, market, entrepreneurial and financial sustainable capabilities and competitive advantage in further complex and hard times for business, as well as the importance of increase of innovation activities for the development of their countries. The authors concluded that nearly half of the industrial SMEs are market innovators, which makes SMEs crucial to Western Balkan's innovation and technological breakthroughs. Creation and functioning investments in innovation on all levels is a prerequisite for sustainable development of these economies in the XXI century.

Item Type: Article
Additional Information: COBISS.ID=512174178
Uncontrolled Keywords: SMEs, innovation, investment, Western Balkan countries
Research Department: Digital Economics
Depositing User: Jelena Banovic
Date Deposited: 23 Jan 2017 08:29
Last Modified: 24 Aug 2020 09:03

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