Development of small and medium enterprises in Kosovo and their impact on economic development
Abstract
Development of small and medium enterprises is a
important element of economic development in a state,
which affects direct in development place. Smoll and
medium enterprises brings a fleksibility for society and
economy in general, and facilitate technological innovation.
Most privat enterprises in Kosova are individual business,
while a small number of enterprises belong to limited
liability company, limited partnership, joint stock company
etc. SMEs in Kosovo are the biggest makers of Gross
Product and at the same time empoy a larg proportion of
our power workers.
Among of the effects that already incontestable and in
which areas the SME sector provides daily evidence are:
• Economic growth,
• Employment,
• Export,
• Economic Opportunity,
• Income and wealth distribution, etc.
SMEs in most countries are generators of new products
and technologies. They are sources of new ideas, and
advanced management strategies. For integration of
Kosovo’s businesses required closer look of developments
of international markets.
Statistical data in this document, may be a guide for setting
priorities and policy guidance that assist the development
of small and medium enterprises in Kosovo.