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Ekonomika preduzeća
2014, vol. 62, br. 1-2, str. 99-115
jezik rada: engleski
vrsta rada: izvorni naučni članak
doi:10.5937/ekopre1402099T


Uloga preduzetnog kapitala u privrednoj tranziciji Srbije
Univerzitet Singidunum, Beograd, FEFA - Fakultet za ekonomiju, finansije i administraciju

Projekat

Unapređenje konkurentnosti Srbije u procesu pristupanja Evropskoj uniji (MPNTR - 47028)

Sažetak

Finansiranje iz izvora preduzetnog kapitala, i u širem smislu privatnih investicionih fondova, u početnoj je fazi razvoja u Srbiji, bilo da se radi o početnom finansiranju za inovativna mala i srednja preduzeća (MSP) ili za rastuća preduzeća. Banke preovlađuju kao izvor finansiranja uz probleme visoke cene i traženog kolaterala, što posebno otežava rast MSP koja predstavljaju 99% privrede u Srbiji. Ovaj članak nalazi da su dosadašnje investicije privatnih fondova imale dobre rezultate, potvrđujući podatke iz uvodnog pregleda literature. U narednom periodu Srbija će imati koristi i od privatnih preduzetnih investicija i važnih regionalnih inicijativa koje podržava Evropska unija kao što je Institucija za razvoj preduzetništva i inovacija za Zapadni Balkan (WB EDIF), čiji fondovi za inovacije i za rastuća preduzeća počinju sa radom 2014. godine. Srbija takođe može da učestvuje u novom programu EU za konkurentna MSP - K0ZME koji predviđa i investicije za MSP. Obrazovanje domaćih finansijskih institucija i MSP o preduzetnom kapitalu i investicionoj spremnosti od suštinskog su značaja i omogućiće pripremu investicionih projekata. U sklopu sa tim, pravni okvir treba pojačati, i kroz izmene Zakona o A0FI i novi Zakon o društvima preduzetnog kapitala, uz širu regulatornu reformu sa ciljem unapređenja poslovne klime i podsticanja preduzetništva.

Ključne reči

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