DEVELOPMENT OF ENTREPRENEURSHIP AND GOING OUT FROM A VICIOUS CIRCLE OF POVERTY
The way of going out from a vicious circle of poverty in Bosnia and Herzegovina, should be introducing innovation and development of entrepreneurship in all fields of economy and society.The emphasis should be put on stimulation and development of small enterprises as promoters of new entrepreneurial ideas. They should be given the opportunity to grow and reach a higher level and expand through convenient working conditions.They should also become cooperation carriers for some new small enterprises.
New and more complexed forms of organising, doing business and synergetic development of small and medium enterprises is the best answer to the powerful foreign competitors in Bosnia and Herzegovina.
The correctness of this kind of approach towards making the role of small and medium enterprises stronger, is confirmed by the success of developed countries and regions.They achieved fast economic growth during the process of globalization, computerization and technologization of the world`s economy.
These countries, also, showed that they are the most competent in finding the solution for newly appeared developmental issues, imposed by the latest global economic crisis.These solutions (which is very important) are not the old, restrictive cliches but, new, innovative-developing approaches.
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10.05.2011.
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