Abstract
Important drivers of economic growth and job creation are entrepreneurship and creation of an appropriate business environment, both on a national and local economy level. Analyzing business conditions, different factors are usually identified within internal and external groups of factors. But, both of those groups could also be analyzed in the light of regional differences and specificities. Bearing in mind the need to develop business climate in Serbia so that it could make economic and social recovery, as well as the need for its coherent and balanced regional development, the main idea of this paper was to research regional disparities in Serbia regarding the factors of external environment that create different conditions for business development, primarily for SMEs development. Different economic, demographic and social factors were taken into consideration by using a special methodology - Data Envelopment Analysis (DEA). The composite index, Regional Development Index (RDI), was created in order to identify main disparities within the existing economic counties in Serbia. The analysis showed the expected results in most of the analyzed counties (north - south development axis), but in some cases there were certain deviations (parts in the east of Vojvodina region and in Central Serbia).
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
