The Influence of the Motives of Entrepreneurial Activity on Economic Growth of Developing Countries in Southeast Europe

Author(s):  
Suzana Stefanović ◽  
Maja Ivanović-Đukić ◽  
Vinko Lepojević ◽  
Jovo Ateljević
2021 ◽  
Vol 4 (2) ◽  
pp. 569-582
Author(s):  
Muhammad Mansoor Ali ◽  
Mahnaz Muhammad Ali ◽  
Lubna Shahnaz Umer

Business development and utilization of indigenous resources is directly linked with the level of economic growth of any society. Globalization and innovation have made it challenging for developing countries to keep pace of business development to attain sustainable levels of economic growth. Developing counties are faced with the problems of non-conducive external business environment, complex business registration and taxation systems, scarcity of finance, technological support and logistics, and lack of managerial skills and financial advice. Enhancing entrepreneurial effectuation can enable the entrepreneurs of developing countries to successfully create such businesses that are not only efficient in resources utilization but also have a competitive outlook. Effectuation theory is best suited to the environment of developing countries as it enables the entrepreneurs to undertake affordable losses and in the face of uncertainty, create strategic partnerships and use the contingencies to their benefit. In order to achieve this end, the governments in developing countries can play a role of insurer and confidence booster for those entrepreneurs that can create value to the indigenous resources and create employment and competitiveness.


Author(s):  
Nusrat Hafiz ◽  
Ahmad Shaharudin Abdul Latiff

Female entrepreneurship is a sustainable entrepreneurial activity by women, individually or in a group. This relatively new phenomenon has been gaining attention in developing countries like Bangladesh. The female graduates of the country represent an important yet untapped segment of entrepreneurship. The paper critically reviews the existing literature and evaluates the current situation of this segment and finds that issues from social, cultural, legal, political, workplace and educational system contexts limit their capacity to participate in the labor-force besides their male counterparts. The issues, if not treated prudently, might adversely affect the socio-economic goals of Bangladesh. Entrepreneurship may stand as a sustainable employment solution for the female graduates, which would enable them to contribute to the Small and Medium-sized enterprises (SME) sector of the country. The article proposes practical recommendations to reinforce the initiatives by the stakeholders and suggests to make necessary policy changes in order to facilitate graduate female entrepreneurship in the SME sector, enhance sustainability of the sector and convert it into a catalyst for economic growth of Bangladesh.


2021 ◽  
Vol 7 (2) ◽  
pp. 267-280
Author(s):  
Muhammad Mansoor Ali ◽  
Mahnaz Muhammad Ali ◽  
Lubna Shahnaz Umer

Business development and utilization of indigenous resources is directly linked with the level of economic growth of any society. Globalization and innovation have made it challenging for developing countries to keep pace of business development to attain sustainable levels of economic growth. Developing counties are faced with the problems of non-conducive external business environment, complex business registration and taxation systems, scarcity of finance, technological support and logistics, and lack of managerial skills and financial advice. Enhancing entrepreneurial effectuation can enable the entrepreneurs of developing countries to successfully create such businesses that are not only efficient in resources utilization but also have a competitive outlook. Effectuation theory is best suited to the environment of developing countries as it enables the entrepreneurs to undertake affordable losses and in the face of uncertainty, create strategic partnerships and use the contingencies to their benefit. In order to achieve this end, the governments in developing countries can play a role of insurer and confidence booster for those entrepreneurs that can create value to the indigenous resources and create employment and competitiveness.


2004 ◽  
pp. 66-76
Author(s):  
E. Hershberg

The influence of globalization on international competitiveness is considered in the article. Two strategies of economic growth are pointed out: the low road, that is producing more at lower cost and lower wages, with increasingly intensive exploitation of labor and environment, and the high road, that is upgrading capabilities in order to produce better basing on knowledge. Restrictions for developing countries trying to reach global competitiveness are formulated. Special attention is paid to the concept of upgrading and opportunities of joining transnational value chains. The importance of learning and forming social and political institutions for successful upgrading of the economy is stressed.


1994 ◽  
Vol 33 (4I) ◽  
pp. 327-356 ◽  
Author(s):  
Richard G. Lipsey

I am honoured to be invited to give this lecture before so distinguished an audience of development economists. For the last 21/2 years I have been director of a project financed by the Canadian Institute for Advanced Research and composed of a group of scholars from Canada, the United States, and Israel.I Our brief is to study the determinants of long term economic growth. Although our primary focus is on advanced industrial countries such as my own, some of us have come to the conclusion that there is more common ground between developed and developing countries than we might have first thought. I am, however, no expert on development economics so I must let you decide how much of what I say is applicable to economies such as your own. Today, I will discuss some of the grand themes that have arisen in my studies with our group. In the short time available, I can only allude to how these themes are rooted in our more detailed studies. In doing this, I must hasten to add that I speak for myself alone; our group has no corporate view other than the sum of our individual, and very individualistic, views.


2017 ◽  
Vol 1 (2) ◽  
pp. 205
Author(s):  
Gideon J. ◽  
Edgar H. ◽  
Ivan I. ◽  
Nabil N. ◽  
Aptina A. ◽  
...  

<p>People Tax is the main source of state income. The better the tax policy of a country, the better the development of a country. One of the factors that influence the level of public awareness in paying taxes is corruption. Study shows that tax collection is one of them influenced by corruption. In the data of Corruption Perceptions Index 2016 reported by Transparency International, Indonesia is ranked 90 out of 176 countries. Tax evasion is a serious problem for many countries. Every year, the government loses revenue potential as many residents evade taxes in various ways. For this reason, the government implements tax amnesty. Tax amnesty is designed to permanently reduce the amount of underground economy activity, thereby increasing tax revenues in the future and developing countries can grow well.</p>


2020 ◽  
Author(s):  
Lungwani Muungo

Despite major improvements in diagnostics and interventional therapies, cardiovascular diseases remain a major healthcare and socio-economic burden both in western and developing countries, in which this burden is increasing in closecorrelation to economic growth. Health authorities and the general population have started to recognize that the fightagainst these diseases can only be won if their burden is faced by increasing our investment on interventions in lifestylechanges and prevention. There is an overwhelming evidence of the efficacy of secondary prevention initiatives includingcardiac rehabilitation in terms of reduction in morbidity and mortality. However, secondary prevention is still too poorlyimplemented in clinical practice, often only on selected populations and over a limited period of time. The developmentof systematic and full comprehensive preventive programmes is warranted, integrated in the organization ofnational health systems. Furthermore, systematic monitoring of the process of delivery and outcomes is a necessity.


2016 ◽  
Vol 6 (3) ◽  
pp. 93-105
Author(s):  
Naila Maier-Knapp

In December 2015, the Association of Southeast Asian Nations (ASEAN) celebrated the official establishment of the ASEAN Community. Having emerged in 1967 as a regional grouping of developing countries with minimal shared interests—beyond the common concern of economic growth and national resilience, ASEAN now has established regional structures which have been vital in enhancing development and dialogue on a broad range of issues across the Southeast Asian region. Over the years, the institutional development at the regional level has been accompanied by various efforts to promote regional unity and identity. The more recent years have also displayed that the international community has been supporting these efforts for ASEAN unity and identity by showing greater recognition of ASEAN as an international actor in its own right, for example, through the establishment of numerous country delegations to ASEAN.


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