Small Enterprise Development in South-East Europe

Policies for Sustainable Growth

  • Will Bartlett
  • Milford Bateman
  • Maja Vehovec

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Introduction

    1. Will Bartlett, Milford Bateman, Maja Vehovec
      Pages 1-15
  3. Key Background Issues

  4. Finance

    1. Milford Bateman, Taki Fiti, Peter Futo, Hedvika Usenik
      Pages 83-125
    2. Evan Kraft
      Pages 127-143
    3. Muris Čičić, Aziz Šunje
      Pages 145-170
  5. Networks and Clusters

    1. Milford Bateman, Maja Vehovec
      Pages 203-227
  6. Integrated Policy Support

    1. Marta Muço, Peter Sanfey
      Pages 229-239
    2. Biljana Acevska, Will Bartlett, Vesna Stojanova
      Pages 241-266
    3. Vojmir Franičević, Will Bartlett
      Pages 267-293
  7. Back Matter
    Pages 295-324

About this book


Since the end of the Kosovo war in 1999, increasing attention has been paid to the problems of economic development and reconstruction in South-East Europe. In a context of limited resources, small and medium sized enterprises (SMEs) have a key role to play in creating jobs and building a dynamic entrepreneurial economy.
Small Enterprise Development In South-East Europe presents important findings from recent empirical research on key factors, which hinder sustainable SME growth in South-East Europe. Finance is identified as a critical barrier to growth, and the role of commercial banks, micro-finance institutions and credit cooperatives in assisting growth is addressed. Yet finance alone is not enough. A rebuilding of social capital, a reduction of the unofficial or grey economy, and the promotion of inter-firm networks and clusters are also of vital importance in promoting sustainable growth. The book concludes with critical analyses of SME policies in Albania, Croatia, and Macedonia, countries which hitherto have received little attention in the literature.
Small Enterprise Development in South-East Europe will be of great interest to policy makers, business consultants, and academics and post-graduate students working on economic development and reconstruction in South-East Europe.


Economic Development Institution Policy Sustainable Growth development economy growth

Editors and affiliations

  • Will Bartlett
    • 1
  • Milford Bateman
    • 2
  • Maja Vehovec
    • 3
  1. 1.University of BristolBristolUK
  2. 2.GHK InternationalLondonUK
  3. 3.University of RijekaRijekaCroatia

Bibliographic information