ECONOMIC-GEOGRAPHICAL AND REGIONAL CONTEXT OF ENTREPRENEURSHIP IN SERBIA

Entrepreneurship in Serbia has not reached the necessary level of development, nor the one proclaimed by the economic policy after the year 2000. This is the reason why the negative results of the transitional processes are still present, ranging from high level of unemployment and low level of competitiveness to the high level of foreign debt. These negative consequences of the transitional processes have to be solved by the local governments, although the responsibility for this situation lies primarily with the state authorities (various ministries, Privatization Agency, etc.). This paper highlights some of the economic, geographical, strategic and financial aspects of entrepreneurship in Serbia. It includes the analysis of the region (spatial) and sector (structural) in entrepreneurship configuration, allowing a deeper insight into problems of economy and geography in Serbia, explaining the existing situation, as well as possible guidelines for the economic recovery of the country. Entrepreneurship development in the future, mainly in the production sector, represents a chance for inclusion of the Serbian economy in the global market processes, especially given the difficult situation of the majority of large companies at the moment.