Abstract

This research accords with a detailed overview of management in general regarding SME growth development in Kosovo. So, it deals with the main factors such as the main components of management and its impact on the success and development, the techniques, and the approaches to assess the SME economic system and their development. There is no unique model which explains the managing or manager's experience and firm growth in the complexion of management theories. We have also pointed out the life cycle phases of firms that are not constructed on economic theory but have received considerable attention from managerial theories of enterprises. So, chronologically was analyzed SME development in general, given that Kosovo has a liberal trade regime characterized by simplicity and neutrality of business or SME registration. In our data analysis, we applied Cronbach's alpha for reliability analysis and linear regression. The findings of the paper show that two main topics are management experience and the growth of the sector where they operate has a significant impact. The revision opens a challenge besides wide-ranging debate taking place entrepreneurship and supervision skills in Kosovo. However, this examination has to do with evidence in Kosovo and cannot be generalized to all countries. This investigation is one of the rare researches in this field in Kosovo, which deals with the topic of SME development. This treatment approach should be used by applying dynamic approaches as well as other factors.

Highlights

  • The influence of SME division on the economy has attracted the courtesy of researchers in industrialized as well as unindustrialised countries

  • The equation is specified as follows: PGcly = ∁ + β1ebsbt + β2yesbt + β3hbpsbt + β4abpt + β5fat + β6m/oat + β7osgt + β8ofpit + εt RESULTS AND DISCUSSION The legal status of initiatives and their size has an impact on the form of management

  • The first step is to encourage as many SMEs to enter the formal sector regarding regulatory procedures for businesses, whereas the second step that came from our research is improving the "Nonadequate level of employee skills" and "Manager/owner skills"

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Summary

Introduction

The influence of SME division on the economy has attracted the courtesy of researchers in industrialized as well as unindustrialised countries. Kosovo is almost the last country in the region, respectively in the countries of the Western Balkans, to begin the process of transition to a market economy In this context, SMEs can play an increasingly important role in this delayed transition trajectory, especially given that the private sector in Kosovo consists almost entirely of SMEs (there is only a certain number as enterprises large, and in recent years their structure has begun to change). SMEs can play an increasingly important role in this delayed transition trajectory, especially given that the private sector in Kosovo consists almost entirely of SMEs (there is only a certain number as enterprises large, and in recent years their structure has begun to change) For this reason, the SME sector is evident to be the main contributor to the generation of new jobs and increased income. Increasing their number contributes to creating a competitive environment for business development

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