THE CURRENT CONDITION AND DEVELOPMENT OF THE INNOVATIVE SECTOR OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN AP VOJVODINA

Authors

  • Marina Simin
  • Slobodan Živkucin
  • Sreto Aleksić
  • Dimitrije Soleša

Abstract

Innovation is a fundamental factor of technological
progress, economic growth, development and prosperity around the
world. Continuous improvement of innovation is the focal part in the
development policy of the world’s leading countries and presents the
key element of the development strategy of the EU - Europe 2020. The
economy of AP Vojvodina is still characterized by a low level of
innovation. The consequences of a company's insufficient care for
technological development based on its own innovative work is a very
small number of protected innovations, especially patents and petty
patents in our country. The subject of this paper is the research into
the current state and number of innovative small and medium
enterprises (SMEs) that started business on the basis of their
innovation, especially patent or petty patent in AP Vojvodina. The
main goal of the paper is to increase the number of innovative SMEs
in AP Vojvodina based on the results of this research and proposed
measures aimed at creating higher added value, successful market
verification of innovations and better market positioning.

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Published

09/30/2021

How to Cite

Simin, M., Živkucin, S., Aleksić, S., & Soleša, D. (2021). THE CURRENT CONDITION AND DEVELOPMENT OF THE INNOVATIVE SECTOR OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN AP VOJVODINA. Ekonomija - Teorija I Praksa, 14(3). Retrieved from https://casopis.fimek.edu.rs/index.php/etp/article/view/116

Issue

Vol. 14 No. 3 (2021): Economics - Theory and Practice

Section

Original scientific work

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.