THE USE OF SOCIAL NETWORKS IN THE BUSINESS ECOSYSTEM OF SERBIA

DOI: 10.5937/etp2401146S

Authors

  • Dragana Stefanović Fakultet za ekonomiju i inženjerski menadžment, Cvećarska 2, 21000 Novi Sad
  • Jovana Gardašević Fakultet za ekonomiju i inženjerski menadžment, Cvećarska 2, 21000 Novi Sad https://orcid.org/0000-0002-3239-2083

Keywords:

social networks, marketing, entrepreneurship, entrepreneurial ecosystems, entrepreneurial ecosystems in Serbia

Abstract

his paper provides an overview of the application of social
networks in Serbian entrepreneurship and the entrepreneurial
ecosystem. Social networks have become a necessary marketing tool
in business since their inception for scientific and social purposes.
There is almost no business branch that operates without the use of
social networks, as an auxiliary or basic marketing tool. In Serbia,
social networks have experienced significant expansion in recent
years, and everyday life is almost unimaginable without platforms like
Instagram, Facebook, and Twitter. Entrepreneurship in Serbia heavily
relies on social networks for marketing and operational purposes. On
the other hand, the entrepreneurial ecosystem is a term that has
attracted a lot of attention from scientists and researchers in the last
ten years. The main goal of entrepreneurship is to create an economic
and social system that enables business growth and development,
which will also contribute to the economic prosperity of the country.
Entrepreneurial ecosystems encompass a broader concept,
intertwining entrepreneurs, organizations, individuals, and institutions
at the national level to support and catalyze entrepreneurship
development collectively or systemically. The aim of this paper is to
elucidate the concept of the entrepreneurial ecosystem in Serbia and
demonstrate the use of social networks for its growth and development
in the modern business environment.

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Published

03/29/2024

How to Cite

Stefanović, D., & Gardašević, J. (2024). THE USE OF SOCIAL NETWORKS IN THE BUSINESS ECOSYSTEM OF SERBIA : DOI: 10.5937/etp2401146S. Ekonomija - Teorija I Praksa, 17(1), 146–170. Retrieved from https://casopis.fimek.edu.rs/index.php/etp/article/view/284