Medium-sized enterprises in Serbia: Basic characteristics and employment

Zubović, Jovan and Ljumović, Isidora and Pavlović, Dejana (2016) Medium-sized enterprises in Serbia: Basic characteristics and employment. In: XXI internacionalni naučni skup SM 2016 "Strategijski menadžment i sistemi podrške odlučivanju u strategijskom menadžmentu". Ekonomski fakultet, Subotica. ISBN 978-86-7233-356-5

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Abstract

The purpose of this paper is to present basic characteristics of the medium-sized enterprises in Serbia with emphasis on the employment in this sector. Numerous studies point out that the role of SMEs is extremely important in the national economy. It is obvious, that there are numerous analysis and discussions about the segment of SMEs. However, little attention is given to medium-sized enterprises only. In Serbia, detail analysis of their basis characteristics is missing. Having in mind that medium–sized enterprises have a great potential to create new jobs as well as contribute to economic revival, it is understandable why we have decided to analyse this segment. Using the statistical data from Serbia Business Registry Agency we have managed to classify medium-sized enterprises according to registered activity and statistical region. The result show unsatisfactory regional and sectoral distribution that does not indicate good prospects for the development of medium-sized enterprises. This paper could be considered to a certain extent, as a tool policy makers can use in the process of creating environment that would stimulate development and better prospects of medium-sized enterprises and their employees.

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