Innovation and Entrepreneurship Ecosystem in Serbia: Performance and Actors

Štrbac, Dijana and Kutlača, Đuro and Popović-Pantić, Sanja (2020) Innovation and Entrepreneurship Ecosystem in Serbia: Performance and Actors. In: XVII International Symposium Business and Artificial Intelligence, SYMORG Belgrade, September 7-9, 2020. Faculty of organizational sciences, Belgrade, pp. 139-146. ISBN 978-86-7680-385-9

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Abstract

Theory and practice have offered evidence that innovation and entrepreneurship are the engines of growth both in developing and developed economies. The ecosystem approach is a useful tool in assessing different aspects of a process in which innovative entrepreneurship contributes to the competitiveness and economic growth. The aim of this paper is to examine the performance and actors in Serbian innovation and entrepreneurship ecosystem (IEE). In particular, this paper focuses on exploring different domains of the IEE on the basis of selected components of the Global Competitiveness Index. The actors in Serbian IEE are explored from the perspective of establishing an innovative company in order to give an overview of the type and activities of different stakeholders. The research offers pathways that may activate changes in the infrastructures and processes affecting innovative and entrepreneurial activities in Serbia.

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