Event Title

The Analyses of Management and Manager’s Experience Impact on Success of Kosovo SME’s

Session

Management, Business and Economics

Description

This paper deals with a detailed overview of management in general with the SME growth and development in Kosovo. So, it deals with the main factors such as the main components of management and its impact on the success and development, the techniques and the approaches to assess the SME economic system and their development. With the contribution of research to SMEs that take initiatives towards the Strategy implementation of their strategic development. This paper also deals with the growth of micro and small economic firms and the role of Management experiences in firm success. Until today there is no unique model that explains management and firm’s growth in aspect of management theories. We have also mentioned the life cycle phases of firms that are not based on economic theory but have received much attention from organizational theories of enterprises. The economic situation in Kosovo contains the performance indicators based on business registration in Kosovo. So, chronologically were analysed a Kosovo's economic development is generally, given that Kosovo has a liberal trade regime characterized by simplicity and neutrality of business or SME registration. This has slowed down or hindered the development of the private sector in a coordinated and controlled manner, as well as creating conditions for exports or SMEs to be competitive in the region and beyond. This has adversely affected the improvement of the competitiveness of newly established local manufacturing sectors, where Kosovo is facing high trade deficits and a non-favourable ratio of import and export coverage. This kind of created situation will hinder stability and macroeconomic growth. Research findings on SME management problems in Kosovo have to do with diagnosing the current state of micro, small and medium enterprises. The other purpose of this research is to produce important results for the existing situation, structure, difficulties, etc. Data provided in this paper are provided by the Kosovo Agency of Statistics and Kosovo Customs as well as by a questionnaire conducted by BSCK in 2016, with 500 businesses throughout Kosovo except the northern part. In the framework of the empirical analysis, the model of factor analysis and linear regression model was applied, where the dependent variable "The Profit growth and overall turnover of SMEs in Kosovo" was defined.

Keywords:

Analyses, Experiences, Management, SMEs, Growth, Development, Success, Businesses.

Session Chair

Naim Preniqi

Session Co-Chair

Muhamet Gërvalla

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-550-19-2

Location

Pristina, Kosovo

Start Date

26-10-2019 5:15 PM

End Date

26-10-2019 6:45 PM

DOI

10.33107/ubt-ic.2019.382

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Oct 26th, 5:15 PM Oct 26th, 6:45 PM

The Analyses of Management and Manager’s Experience Impact on Success of Kosovo SME’s

Pristina, Kosovo

This paper deals with a detailed overview of management in general with the SME growth and development in Kosovo. So, it deals with the main factors such as the main components of management and its impact on the success and development, the techniques and the approaches to assess the SME economic system and their development. With the contribution of research to SMEs that take initiatives towards the Strategy implementation of their strategic development. This paper also deals with the growth of micro and small economic firms and the role of Management experiences in firm success. Until today there is no unique model that explains management and firm’s growth in aspect of management theories. We have also mentioned the life cycle phases of firms that are not based on economic theory but have received much attention from organizational theories of enterprises. The economic situation in Kosovo contains the performance indicators based on business registration in Kosovo. So, chronologically were analysed a Kosovo's economic development is generally, given that Kosovo has a liberal trade regime characterized by simplicity and neutrality of business or SME registration. This has slowed down or hindered the development of the private sector in a coordinated and controlled manner, as well as creating conditions for exports or SMEs to be competitive in the region and beyond. This has adversely affected the improvement of the competitiveness of newly established local manufacturing sectors, where Kosovo is facing high trade deficits and a non-favourable ratio of import and export coverage. This kind of created situation will hinder stability and macroeconomic growth. Research findings on SME management problems in Kosovo have to do with diagnosing the current state of micro, small and medium enterprises. The other purpose of this research is to produce important results for the existing situation, structure, difficulties, etc. Data provided in this paper are provided by the Kosovo Agency of Statistics and Kosovo Customs as well as by a questionnaire conducted by BSCK in 2016, with 500 businesses throughout Kosovo except the northern part. In the framework of the empirical analysis, the model of factor analysis and linear regression model was applied, where the dependent variable "The Profit growth and overall turnover of SMEs in Kosovo" was defined.