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Entrepreneurship in Croatia

  • Mirela AlpezaEmail author
  • Suncica Oberman Peterka
  • Maja Has
Chapter

Abstract

The Republic of Croatia is situated in the southern part of Central Europe and the northern part of the Mediterranean. A good strategic position positioned Croatia throughout history as the backbone of international routes, which contributed to its economic development. Small and medium enterprises are an important segment of the Croatian economy, because of its share in the total number of enterprises (99.7% in 2015), share in total revenues (54%), employment (69.2%) and total exports (50.3%). The results of international research in which Croatia has been involved for many years (Global Entrepreneurship Monitor, Doing Business, Global Competitiveness Report, Corruption Perceptions Index) are pointing out the key challenges for further development of the small and medium enterprise sector in Croatia: insufficient level of activity in new business venture start-up, small share of growing enterprises, administrative obstacles to the implementation of entrepreneurial activity, insufficient development of the financial market and lack of education focused on the development of entrepreneurial knowledge and skills. From the perspective of achieving the targets of Europe 2020 and the perspective of the European Semester, the development of the Croatian economy, and thus the small and medium enterprise sector in the future period, will depend on the responses to the identified challenges.

Keywords

Croatia Economy Small and medium enterprises (SMEs) Entrepreneurship 

References

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Mirela Alpeza
    • 1
    Email author
  • Suncica Oberman Peterka
    • 1
  • Maja Has
    • 2
  1. 1.Faculty of Economics in OsijekJ.J. Strossmayer University of OsijekOsijekCroatia
  2. 2.Faculty of Economics and BusinessUniversity of ZagrebZagrebCroatia

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