Strategic Management (Jan 2015)
The (in) consistency of the Serbian entrepreneurial ecosystem in the global environment
Abstract
Many countries recognize the entrepreneurial sector as an area of special economic importance which results in undertaking certain efforts aimed at the identifying, measuring, understanding and promotion of entrepreneurship at the national level. Globally, we know many examples of programs including programs of the World Bank, Eurostat, and various other non-profit organizations, such as GERA (Global Entrepreneur Research Association), within which entrepreneurial methodologies for an international comparison were developed. Individual national efforts in this area have a number of disadvantages such as conceptual and empirical ones, incomprehensiveness and, especially, international incomparability. These shortcomings, as well as the growing importance of entrepreneurship in the context of the economic policy, contribute to the increased need to define the internationally comparable indicators, measures and methodologies of entrepreneurship, not only to determine the scope of the entrepreneurial activity, but also the factors which it depends on and the way in which it impacts the realization of the objectives of the economic policy as a whole. The realization of these goals is facilitated with the help of the OECD conceptual framework of entrepreneurial measures contributing to the measurement and understanding of entrepreneurship, as well as the mobilization of institutional resources of the entrepreneurial sector. The main objective of this work is reflected in the effort to determine the (in)consistency of the Serbian entrepreneurial ecosystem in relation to the global environment. The basic methodology for achieving the objectives involves the ANOVA analysis for the determination of the (non)existence of differences between the sub-samples according to the set of basic variables of the entrepreneurial ecosystem.
