Strategies of the Development of Entrepreneurship and SME

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17-18 June 2005 1 st Moscow International Business Forum “PRODIMPEX – MoscowBlack Sea – 2005”RussianFederation13-16 October 2005 Workshop on “Financing of SMEs” BelgradeBSEC-KASSerbia andMontenegro16-18 March 2006 Workshop on “SMEs in the BSEC Region – Reality and IstanbulVision” 10 YEARS OF COOPERATION BETWEEN BSEC AND KAS TurkeyBSEC-KAS4 July 2006 4 th Meeting of the WG on SMEs BSEC PERMIS12-15 October 2006 Workshop on “The Role of Co-operatives for SME SofiaDevelopment”BulgariaBSEC-KAS14-15 December 2006 1 st Workshop on SME Clustering IstanbulKOSGEB25-27 April 2007 Workshop on “SMEs in Tourism” AthensBSEC-KASGreece3-5 October 2007 2 nd Workshop on SME Clustering SMEs BSEC PERMISKOSGEB4-5 October 2007 5 th Meeting of the WG on SMEs BSEC PERMIS140
SWOT ANALYSES OF THE SME SECTORS IN THE BSEC REGIONAnnex 3.ALBANIASTRENGTHS• Good reputation as business partner in selectedsectors such as garments, shoes, herbs etc.• Proximity to the EU markets for technologytransfer, sub-contracting, FDI and exports• Relatively educated and technically trainedworkforce.• Liberal regulations for development trade&investments• Low labour costsOPPORTUNITY• Access to credit of the private sector isassessed at 18-20% with a growth of 5% thisyear compared with the last year. So creditingportfolio has potential grown in Albania.• Albanian products are increasingly replacingimport• Albanian businesses look to obtain higherregional access.• New financial support schemes such asguarantee schemes, leasing etc could beconsidered as future options.• Removal of administrative barriers in CEFTAWEAKNESSES• Limited financial resources for investmentsand operational costs• Inadequate and partly obsolete technology• Limited access to information on modernproduction technologies and markets• Inadequate skills for strategic management ofcompanies and marketing• Inadequate entrepreneurial culture with regardto market and export orientation.• Under developed stock market, especiallycapital market infrastructure• Low level of domestic demandTHREATS• The existence of informal and grey economy.• Limited ability to increase competitiveness• Unfair competition• Uncertain political situation in KosovoSource: (1) SMEs in CITs, UNECE, New York & Geneva, 2006,http://www.unece.org/indust/sme/smepub03.pdf(2) Prof. Eric Dejan, 2007,(3) Qemal Balliu, Executive Director, Small Business Foundation (SBF), Albania, 2007.141
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1. SME DECLARATION AND WORKING GROU
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While comparing the BSEC and EU doc
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cooperation with the United Nations
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GENERAL ASSESSMENT OF THE BSEC WG O
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“Armenia's new law introduces a n
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(iii)Share of the labor force of SM
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The following data represents some
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RankDocuments for export(number)Tra
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• Industrial zones/Business incub
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3.1.4. FINANCING SMEsProf. Dr. Sela
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• the loan is secured with movabl
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3.1.4.3. Mutual and loan guarantee
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introduction of e-signatures, only
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The Code of Conduct for Civil Serva
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Trading Across Borders Enforcing Co
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as with all non-governmental organi
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Bulgarian SMEs obtain additional ca
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• Project BG 2004/016-711.11.04 -
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usiness is not approaching them oft
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• Romanian citizens are recognize
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The preparatory project of the NDP
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• To support participation in eco
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In 2004, the National Institute of
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Incubators host on average 11 SME,
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Programs. The program is implemente
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development instrument is extremely
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accounting standards, including med
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corporations and open held corporat
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promoting SME sector, cooperation w
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• for unemployed (micro credit)
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are private pension funds, broker h
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very early steps of its democratic
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Another negative factor that is mor
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economy. The so called in the organ
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Federal funds, private capital, esp
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4.3. MOLDOVATable 14.Dimensions Neg
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Related andsupportingindustriesDome
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Technological:Internetaccessibility
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Domesticdemand• Still not many pe
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international investments• Govern
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3. Hamel, G., Prahalad, C.K. (1994)
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5.2 DEVELOPMENT OF THE SME SECTOR I
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General Characteristic of SME Devel
Page 90 and 91: Index of SME Development in Armenia
Page 92 and 93: The same problem exists in getting
Page 94 and 95: SME support infrastructure in Armen
Page 96 and 97: 5 million was provided by UNDP and
Page 98 and 99: 5.3 DEVELOPMENT OF THE SME SECTOR I
Page 100 and 101: Diagram 1. The number of small ente
Page 102 and 103: The privatization process of object
Page 104 and 105: 13.Cabinet Provision on “Distribu
Page 106 and 107: 5.3.3. SME support infrastructure i
Page 108 and 109: The role of the state in technical
Page 110 and 111: General situation of credit marketT
Page 112 and 113: After creation and starting impleme
Page 114 and 115: At the meantime, small enterprise s
Page 116 and 117: Table. 32.Ease of businessDoingBusi
Page 118 and 119: people who start small businesses t
Page 120 and 121: are salaried and the medium - sized
Page 122 and 123: Technology Foresight in Greece 2001
Page 124 and 125: Greek VC market started to develop
Page 126 and 127: In the area of bankruptcy and restr
Page 128 and 129: enterprises. According to TURKSTAT,
Page 130 and 131: small size enterprise or micro ente
Page 132 and 133: industrial enterprises. Undersecret
Page 134 and 135: individuals, rather than well struc
Page 136 and 137: 7. SUGGESTIONS FOR THE SME DEVELOPM
Page 138 and 139: Annex 1.MAP OF THE BLACK SEA COUNTR
Page 142 and 143: ARMENIASTRENGTHS• Application of
Page 144 and 145: BULGARIASTRENGHT• Flexibility and
Page 146 and 147: GREECESTRENGHT• They have a vital
Page 148 and 149: ROMANIASTRENGHTWEAKNESS• Stabilis
Page 150 and 151: REPUBLIC OF SERBIASTRENGHT• Longe
Page 152 and 153: UKRAINESTRENGTHS• Well educated l
Page 154 and 155: In compliance with the Resolution m
Page 156 and 157: 1. Please provide definition of SME
Page 158 and 159: 7. Did you establish a dedicated bo
Page 160: 11. Do you have any suggestions for
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Strategies of the Development of Entrepreneurship and SME

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