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The Importance of Resource Assessment for Entrepreneurship and Local Economic Development in Kosovo

Author

Listed:
  • Prof. Dr.Sejdi Rexhepi

    (Faculty of Philosophy, Departament of Political Science, University of Prishtina)

  • Mjellma Kadriu

Abstract

Kosovo is an underdevelopment country that faces challenges such as poverty, large numbers of unemployment people, and slow economic development. Faced with this fact, country is estimated to be rich in considerable natural resources as well as a relatively young population. Therefore, knowledge and assessment of resources is an important prerequisite for their valorization in function of faster economic development. In underdeveloped countries such as Kosovo, there are not enough professional institutions that provide reliable data on available national resources and their comparative advantages. In these circumstances entrepreneurship and economic development are closely related to entrepreneurial courage and the overall perception for resources and market trends. Entrepreneurship is a basic prerequisite for activating resources. This is particularly the case in underdeveloped localities with high degree of unemployment. For this purpose, individual knowledge is very important to undertake activities that would be successfully concluded. In this research an effort will be made to explain the importance of knowing and evaluating local resources for entrepreneurship and local economic development. In particular, the role of civil and business perceptions will be explained and interpreted with proper statistical methods in order to bring professional and scientific conclusions.

Suggested Citation

  • Prof. Dr.Sejdi Rexhepi & Mjellma Kadriu, 2018. "The Importance of Resource Assessment for Entrepreneurship and Local Economic Development in Kosovo," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 4, ejes_v4_i.
    • Handle: RePEc:eur:ejesjr:195
    DOI: 10.26417/ejes.v10i1.p127-138
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    References listed on IDEAS

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    1. Alexandra RUSANEANU, 2013. "Comparative Analysis of the Main Business Intelligence Solutions," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 17(2), pages 148-156.
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    Cited by:

    1. Balobanov, Alexandr (Балобанов, Александр) & Atnashev, Timur (Атнашев, Тимур) & Moreeva, Sofia (Мореева, София) & Shulman, Ekaterina (Шульман, Екатерина), 2018. "Methodological and Regulatory Approaches to the Completion of the Strategic Management Loop and its Integration with the Software and Budget Management Contours [Методологические И Нормативно-Право," Working Papers 061818, Russian Presidential Academy of National Economy and Public Administration.

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