Impact of small and medium enterprises in generating new jobs in case of Kosovo
Keywords:
Small and medium enterprises; industry sector; services sectorAbstract
This study is an original study and adds to the research debate on the impact of small and medium enterprises in generating new jobs, with a special focus on the industry and services sector, as in Kosovo for these sectors still do not there has been special research. The objective of this research paper is presents the impacts of small and medium enterprises have in generating new jobs. To achieve the stated objective and to prove the hypotheses in this research, the OLS regression model has been used whereas the data processing has been done through SPSS. This research paper has been conducted by using secondary data collected by the World Bank and Kosovo Agency of Statistics, for the time period 2012-2018. Results in this research paper from this model show that the industry and services sector affects generating new jobs in Kosovo, therefore there is a positive correlation between the presented variables. Also we can notice a positive correlation between the GDP and employment rate. The results presented in this research paper can be used as a guide for new businesses in the services and industry sector and their impact on the generation of new jobs in Kosovo, as well as efforts to further improve performance in these sectors.
References
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Bouazza, A. B. (2015). SMALL AND MEDIUM ENTERPRISES AS AN EFFECTIVE SECTOR FOR ECONOMIC DEVELOPMENT AND EMPLOYMENT CREATION IN ALGERIA . International Journal of Economics, Commerce and Management , 3 (2), 1-16.
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European Commission. (2019). COMMISSION STAFF WORKING DOCUMENT ECONOMIC REFORM PROGRAMME OF KOSOVO (2019-2021). Brussels: European Commission.
Fusfeld, D. (1968). Population Growth and Employment in Service Industries. Southern Economic Journal , 35 (1), 73-77.
Gbam, B. (2017). Impact of Small and Medium Scale Enterprises on Employment Generation in Plateau State, Nigeria . IOSR Journal of Business and Management , 19 (6), 47-54.
Haddad, L. A., Sial, M. S., Ali, I., Alam, R., Khuong, N. V., & Khanh, T. H. (2019). The Role of Small and Medium Enterprises (SMEs) in Employment Generation and Economic Growth: A Study of Marble Industry in Emerging Economy . International Journal of Financial Research , 10 (6), 174-187.
Hashi, I., & Krasniqi, B. (2010). Entrepreneurship and SME Growth: Evidence from Advanced and Laggard Transition Economies. International Journal of Entrepreneurial Behaviour & Research , 17 (5), 456-487.
Herman, E. (2012). SMEs and their Effect on the Romanian Employment. Emerging Markets Queries in Finance and Business , 3, 290-297.
KAS. (2019). Statistical Yearbook of the Republic of Kosovo. Pristina: Kosovo Agency of Statistics.
Krasniqi, B. (2019). Labour Market and Skills Needs Analysis:Perspective for the future. July, Prishtinw, Kosovw: Aligning Education and Training with Labour Market Needs 2.
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Rexha, D., Bexheti, A., & Ukshini, K. (2020). Impact of The fiscal policy on economic growth:an analytical approach from the Republic of Kosovo. International Journal of Public Sector Performance Management .
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Rotar, L. J., Pamić, R. K., & Bojnec, Š. (2019). Contributions of small and medium enterprises to employment in the European Union countries. Economic Research-Ekonomska Istraživanja , 32 (1), 3298-3308.
Ukshini, K., & Zeqiri, I. (2018). The Effect of Support Policies on Employment Growth through SMEs Support – Case of Republic of Kosovo . European Journal of Business and Management , 10 (27), 46-52.
Uwitonze, M. (2016). SMALL AND MEDIUM ENTERPRISES AND JOB CREATION IN RWANDA. Rwanda: University of Rwanda.
Wegner, M. (1987). Creating New Jobs in the Service Sector . The Annals of the American Academy of Political and Social Science , 492, 136-150.
World Bank. (2019, April). Retrieved April 2020, from https://www.aa.com.tr/sq/ekonomi/banka-bot%C3%ABrore-prezanton-raportin-p%C3%ABr-vendet-e-ballkanit-per%C3%ABndimor/1440315
World Bank. (2017, July). TARGETED FINANCING FOR SME’S AND EMPLOYMENT EFFECTS: WHAT DO WE KNOW AND WHAT COULD BE DONE DIFFERENTLY? . 3, p. 11.
World Bank. (2019). World Bank Group Support for Small and Medium Enterprises. Washington: International Bank for Reconstruction and Development / The World Bank.
World Bank. (2019, May 15). www.worldbank.org. Retrieved March 31, 2020, from www.worldbank.org: https://www.worldbank.org/en/news/press-release/2019/05/15/small-business-in-kosovo-to-gain-improved-access-to-finance-with-world-bank-support
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Ahmeti, R., Hoxha, R., & Hoti, H. (2015). Development and Management Perspective of Small and Medium Enterprises in Kosovo. Academic Journal of Interdisciplinary Studies , 4 (2), 467-472.
Ayyagari, M., Kunt, A. D., & Maksimovic, V. (2011). Small vs Young Firms Across the World. Contribution to Employment, Job Creation, and Growth. Washington DC: World Bank.
Bouazza, A. B. (2015). SMALL AND MEDIUM ENTERPRISES AS AN EFFECTIVE SECTOR FOR ECONOMIC DEVELOPMENT AND EMPLOYMENT CREATION IN ALGERIA . International Journal of Economics, Commerce and Management , 3 (2), 1-16.
Bouazza, A. B. (2015). SMALL AND MEDIUM ENTERPRISES AS AN EFFECTIVE SECTOR FOR ECONOMIC DEVELOPMENT AND EMPLOYMENT CREATION IN ALGERIA. International Journal of Economics, Commerce and Management , 3 (2), 1-16.
EBRD. (2019, March). www.ebrd.com. Retrieved May 2020, from https://www.ebrd.com/news/2019/unlocking-potential-of-smes-in-kosovo-.html
Economic Opportunities and Job Creation MANUFACTURING Sector (November 2016).
European Commission. (2019). ANNUAL REPORT ON EUROPEAN SMEs 2018/2019. European Commission. Brussels: European Union.
European Commission. (2019). ANNUAL REPORT ON EUROPEAN SMEs 2018/2019: Research & Development and Innovation. Brussels: European Commission.
European Commission. (2019). COMMISSION STAFF WORKING DOCUMENT ECONOMIC REFORM PROGRAMME OF KOSOVO (2019-2021). Brussels: European Commission.
Fusfeld, D. (1968). Population Growth and Employment in Service Industries. Southern Economic Journal , 35 (1), 73-77.
Gbam, B. (2017). Impact of Small and Medium Scale Enterprises on Employment Generation in Plateau State, Nigeria . IOSR Journal of Business and Management , 19 (6), 47-54.
Haddad, L. A., Sial, M. S., Ali, I., Alam, R., Khuong, N. V., & Khanh, T. H. (2019). The Role of Small and Medium Enterprises (SMEs) in Employment Generation and Economic Growth: A Study of Marble Industry in Emerging Economy . International Journal of Financial Research , 10 (6), 174-187.
Hashi, I., & Krasniqi, B. (2010). Entrepreneurship and SME Growth: Evidence from Advanced and Laggard Transition Economies. International Journal of Entrepreneurial Behaviour & Research , 17 (5), 456-487.
Herman, E. (2012). SMEs and their Effect on the Romanian Employment. Emerging Markets Queries in Finance and Business , 3, 290-297.
KAS. (2019). Statistical Yearbook of the Republic of Kosovo. Pristina: Kosovo Agency of Statistics.
Krasniqi, B. (2019). Labour Market and Skills Needs Analysis:Perspective for the future. July, Prishtinw, Kosovw: Aligning Education and Training with Labour Market Needs 2.
Kwarteng, F. S., & Li, Y. (2015). SMEs Growth Influencers: An Exploratory Study on the Impact of Entrepreneur Character Traits on SMEs Growth in Ghana. British Journal of Economics, Management & Trade , 9 (4), 1-14.
Lara, A. H., Sial, M. S., Ali, I., Alam, R., Khuong, N. V., & Khanh, T. H. (2019). The Role of Small and Medium Enterprises (SMEs) in Employment Generation and Economic Growth: A Study of Marble Industry in Emerging Economy. International Journal of Financial Research , 10 (6).
Meyer, D. F., & Meyer, N. (2017). MANAGEMENT OF SMALL AND MEDIUM ENTERPRISE (SME) DEVELOPMENT: AN ANALYSIS OF STUMBLING BLOCKS IN A DEVELOPING REGION . POLISH JOURNAL OF MANAGEMENT STUDIES , 16 (1), 127-141.
Minister of Labour and Social Welfare. (2017). Labour and Employment in Kosovo. The Government of Kosovo. Pristina: Minister of Labour and Social Welfare.
OECD. (2000). Small and Medium-sized Enterprises: Local Strength, Global Reach. OECD.
OECD, E. E. (2019). SME Policy Index: Western Balkans and Turkey 2019-ASSESSING THE IMPLEMENTATION OF THE SMALL BUSINESS ACT FOR EUROPE. OECD.
Rexha, D., Bexheti, A., & Ukshini, K. (2020). Impact of The fiscal policy on economic growth:an analytical approach from the Republic of Kosovo. International Journal of Public Sector Performance Management .
Rotar, L. J., Pamić, R. K., & Bojnec, Š. (2019). Contributions of small and medium enterprises to employment in the European Union countries. Economic Research-Ekonomska Istraživanja , 32 (1), 3296–330.
Rotar, L. J., Pamić, R. K., & Bojnec, Š. (2019). Contributions of small and medium enterprises to employment in the European Union countries. Economic Research-Ekonomska Istraživanja , 32 (1), 3298-3308.
Ukshini, K., & Zeqiri, I. (2018). The Effect of Support Policies on Employment Growth through SMEs Support – Case of Republic of Kosovo . European Journal of Business and Management , 10 (27), 46-52.
Uwitonze, M. (2016). SMALL AND MEDIUM ENTERPRISES AND JOB CREATION IN RWANDA. Rwanda: University of Rwanda.
Wegner, M. (1987). Creating New Jobs in the Service Sector . The Annals of the American Academy of Political and Social Science , 492, 136-150.
World Bank. (2019, April). Retrieved April 2020, from https://www.aa.com.tr/sq/ekonomi/banka-bot%C3%ABrore-prezanton-raportin-p%C3%ABr-vendet-e-ballkanit-per%C3%ABndimor/1440315
World Bank. (2017, July). TARGETED FINANCING FOR SME’S AND EMPLOYMENT EFFECTS: WHAT DO WE KNOW AND WHAT COULD BE DONE DIFFERENTLY? . 3, p. 11.
World Bank. (2019). World Bank Group Support for Small and Medium Enterprises. Washington: International Bank for Reconstruction and Development / The World Bank.
World Bank. (2019, May 15). www.worldbank.org. Retrieved March 31, 2020, from www.worldbank.org: https://www.worldbank.org/en/news/press-release/2019/05/15/small-business-in-kosovo-to-gain-improved-access-to-finance-with-world-bank-support
www.bdc.ca. (2013). www.bdc.ca. Retrieved April 2020, from https://www.bdc.ca/en/articles-tools/business-strategy-planning/manage-business/pages/10-things-didnt-know-canadian-sme.aspx
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Published
2022-11-08
How to Cite
Gashi, R. (2022). Impact of small and medium enterprises in generating new jobs in case of Kosovo: Array. Journal of Danubian Studies and Research, 12(1). Retrieved from https://dj.univ-danubius.ro/index.php/JDSR/article/view/654
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Danubian Economy and Legislation
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Copyright (c) 2022 Rrezarta Gashi
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