Innovation Analysis of the Sector of Small and Medium Enterprises and Entrepreneurs (SMEs) in the Republic of Serbia

Main Article Content

Katarina Prljić
Jovana Mijalković
Stefan Prljić

Abstract

Innovations have become not only an important determinant of a company’s successful development but also their requirement. Today, innovative enterprises are the key driver of competitiveness, increased productivity, employment and overall economic development. Research shows that Serbia belongs to the group of less developed European countries whose development is not driven by knowledge and innovation. Therefore, the main objective of this paper is to look at the current state of innovation in small and medium companies and enterprises in the Republic of Serbia and the factors that affect this situation. In terms of methodology, this work is based on the use of existing literature and available statistical data. Based on the analysis, it was concluded that the small and medium enterprise sector (SME) in Serbia has a very small number of innovative companies. By using the tool INNOVATE in a selected organization, it has been attempted to highlight the opportunities that this tool offers to improve innovativeness of an organization.

Article Details

Section
Articles

References

Albijanić M. 2011. “Kvantifikacija uticaja intelektualnog kapitala na konkurentnost.” PhD dis. Beograd: Univerzitet Singidunum.
Drucker, P. F. 1996. Inovacije i preduzetništvo, praksa i principi. Beograd: Grmeč
Drzeniek-Hanouz, M., Dusek, M. 2014. The Arab World Competitiveness Report 2013.
Eurostat, Statistics Explained, http://ec.europa.eu/eurostat/statistics-explained/index.php/Innovation_statistics ((accessed May 5, 2016)
Global Competitiveness Report 2011—12, Global Competitiveness Report 2012—13, Global Competitiveness Report 2013—14, Global Competitiveness Report 2014—15, Global Competitiveness Report 2015—16
Hausman, A. 2005. “Innovativeness among small business: Theory and propositions for future research.” Industrial Marketing Management, 34 (8), 773-782.
Ivković D., Čukanović Karavidić, M.,Vujičić, S. 2012. “Small and medium-sized enterprises as a factor of serbian economy.” Economic Analysis, 45 (3-4): 27-40, ISSN 1821-2573, COBISS.SR-ID 195852812. Beograd: Institut ekonomskih nauka.
Jakšić-Levi, M. 2001. Strateški menadžment inovacija. Beograd: FON
Klaus, S., & Xavier, S. 2011. Global Competitiveness report 2010- 2011. World Economic Forum 2011.
Liberatore M., ed. 1990. Selection and Evaluation of Advanced Manufacturing Technologies. Springer-Verlag.
Milošević D., Vujičić S. 2012. Menadžment malih i srednjih preduzeća. Beograd: Visoka škola za poslovnu ekonomiju i preduzetništvo.
Ministarstvo privrede, Nacionalna agencija za regionalni razvoj. 2014. Izveštaj o malim i srednjim preduze ćima i preduzetništvu u 2013., Beograd
Narayanan, V. K. 2001. Managing Technology and Innovation for Competitive Advantage. New Jersey: Prentice-Hall Inc.
National Agency for Regional Development. 2013. Report on SMEE for 2012
National Bureau of Statistics. 2015. Press - Innovative activities of enterprises 2012-2014
Nešić, S. 2008. Konkurentnost privrede Srbije. Beograd: Srpski ekonomski forum.
Pokrajac, S. 2002. Tehnologija, tranzicija i globalizacija. Beograd: Savez naučnih stvaralaca Srbije.
Republic Statistical Office. 2015. Stated by - Innovative activities of enterprises 2012-2014.,
RZS. 2014 http://webrzs.stat.gov.rs/WebSite/repository/documents/00/01/89/77/IA01-276-Inovacije_2014.pdf
RZS. 2015. http://webrzs.stat.gov.rs/WebSite/repository/documents/00/01/21/40/IA01_285_srb=bkorekt.pdf
Schumpeter, J. A. 1942. Capitalism, socialism and democracy. New York: Harper.
Tidd J., Bessant J. 2009. Managing innovation: Integrating technological, market and organizational change. Chichester: J. Wiley and Sons
Vujicic, S., Djuricic, Z.,Vukadinovic, S. 2013. , THE SIGNIFICANCE OF INNOVATION AND PROJECTS FOR DEVELOPMENT OF ENTREPRENEURSHIP IN SERBIA,, AVADA 2013, Conference ,,Current Interdisciplinary Research in Management and Administration, Litvanija
Vujici, S., Nikitovic, Z., Minkov, Đ. 2016. ,,Influence of innovation on the competitiveness of small and medium enterprises and entrepreneurs in Serbia.” INTERNATIONAL SCIENTIFIC CONFERENCE LEADERSHIP AND ORGANIZATION DEVELOPMENT, Kiten, Bulgaria
Zjalic, Lj.M. 2007. “INOVATIVNOST NEZAOBILAZAN ČINILAC RAZVOJA.” Medjunarodni problem, 59 (1): 155-182
http://www.preduzetnickiservis.rs