This paper is about women entrepreneurs in Macedonia, conditions for female entrepreneurship, perspectives for development and an array of problems that women entrepreneurs are facing. In order to gain a better picture of current motives, problems and perspectives of Macedonian women in entrepreneurship, a survey was conducted during the period of December 2011 -March 2012, to complement secondary sources. Respondents were asked about motives for starting a business, the size of the business they run, revenues, their family status, management problems, and necessary capabilities as perceived by them. We used Global Entrepreneurship Monitor (GEM) reports to compare the indicators of entrepreneurial activity between Republic of Macedonia and other countries in the region.
In order for companies to innovate as much as possible it is necessary for them to be familiar with the process of innovation and the principles on which innovation is founded.
Innovation is essential for sustainable growth and development, and it is one of the key European Union (EU) strategies. The Programme for Competition and Innovation of the EU is especially important for the economic revival and small and medium-sized enterprise (SME) development in transition countries. There are several core conditions which enable innovation and encourage economic growth and development. According to the Organisation for Economic Co-operation and Development (OECD) the most important are: strong standards and effective enforcement of intellectual property protection; dynamic competition and contestable markets; a strong and sustainable fundamental research and development infrastructure; encouraging information and communications technology developments and a strong emphasis on education at all levels. The current paper examines the most critical and interlinked conditions in the context of the FYR of Macedonia.
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