Abstract
The small and medium enterprises (SME) have a very important role in economy due to its contribution in the functioning of the country and generation of job opportunities. Development of SME-s would contribute to envisage many challenges in relation to the economic development, high level of unemployment, demographic growth and the need for structural changes. The importance of the development of small and medium enterprises is very high due to the positive effects in the local economy but in their performance face many barriers that obstruct its development. Identification of the SME barriers remains an important challenge for the owners, managers, policy makers and including the entire society; therefore in this presentation I would try to elaborate the issue of the Impact of barriers in development of the SME-s in Kosovo. The aim of this study is to review the importance of the barriers on development of SME-s in Kosovo and identification of the ways to possible minimization of them. Finalization of this study would enable its adequate addressing on the matter and would enable extraction of the necessary recommendations to further struggle the barriers that would have an impact in development of the small and medium enterprises in Kosovo. DOI: 10.5901/ajis.2015.v4n2s1p58
Highlights
Growth of the small and medium enterprises is a basic component for economic development
The same suggests that a large proportion of sales of these businesses is made in the country and very little is exported; mostly the revenues are realized by household consumers
There is a continuous improvement of the internal structure and external private enterprises in Kosovo, including business activity, market, development of plans, and improvement of the management structure of the companies. These trends are very important, since the experience of other transition countries shows that small and medium enterprises (SME) are able to react quickly to changes in the business environment and play a key role in transition period
Summary
Growth of the small and medium enterprises is a basic component for economic development. The private enterprises have begun to be established before 1989, while significant increase in the establishment of SMEs was recorded in between the years from 1990-1993 After this period, their establishment begins to mark a significant decrease. In the post war period in Kosovo began the process to create new institutional conditions for the development of private enterprises, in developing the legislation and the new institutions In this period was evidenced a change in the structure of private enterprises developing an economic activity. It is evident the decrease of trade participation and gradual growth of the industry / manufacturing businesses and some services relevant to the current stage of the reconstruction phase in Kosovo
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