ABROAD BUSINESS OPERATIONS OF SMALL AND MEDIUM-SIZED ENTERPRISES IN VOJVODINA

Abstract

In the centre of the author`s interest there is a sector of small and middle firms as a main pillar of the enterpreneurial sector of the world economy. The role and importance of small and middle firms are getting bigger and bigger on the territory of Vojvodina too. By developing this sector in a proper way, small and middle firms can become a generator of innovations and technical and technological development, of raising a level of competitiveness of the whole economy. Then, they can become an important factor of opening new working places and employment, of attracting direct foreign investments and establishing more uniform regional development. Of course, in making such a business environment, this sector meets numerous and complex problems which demand a careful analysis and adequate reaction.

Keywords

• small and middle firms, technical and technological development, economy, regional development, investments, employment