Development of Development of EntrepreneurshipEntrepreneurship in Bosnia and Herzegovinain Bosnia and Herzegovina

Author: Rasim Tulumović

27 Nov 2012

Presentation outlinePresentation outline

What is entrepreneurship? What is entrepreneurship?

How to measure if business How to measure if business environment is favourable (friendly)? environment is favourable (friendly)?

Global Entrepreneurship MonitorGlobal Entrepreneurship Monitor

1. 1. What is entrepreneurship? What is entrepreneurship?

EntrepreneurshipEntrepreneurship The capacity and The capacity and willingness to develop, organize and manage a willingness to develop, organize and manage a business venture along with any of its risks in business venture along with any of its risks in order to make a profit. The most obvious order to make a profit. The most obvious example of entrepreneurship is the starting of example of entrepreneurship is the starting of new businesses.new businesses.

Entrepreneurship ranges in scale from solo Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only projects (even involving the entrepreneur only part-time) to major undertakings creating part-time) to major undertakings creating many job opportunities. many job opportunities.

2. 2. How to measure if business How to measure if business environment is favourable (friendly)? environment is favourable (friendly)?

Doing businessDoing business

DB mjeri poslovnu DB mjeri poslovnu regulativu tako što regulativu tako što prikuplja i analizira prikuplja i analizira kvantitativne podatke kvantitativne podatke vezane za poslovno vezane za poslovno okruženje (npr. broj okruženje (npr. broj dana za određene dana za određene dozvole).dozvole).

Poslovno okruženje je Poslovno okruženje je dobro ukoliko je dobro ukoliko je država bolje rangiranadržava bolje rangirana

GEMGEM

Glavna aktivnost GEM Glavna aktivnost GEM projekta je praćenje i projekta je praćenje i razvijanje indikatora razvijanje indikatora kojima se mjeri kojima se mjeri poduzetnička poduzetnička aktivnost. aktivnost.

Poslovno okruženje je Poslovno okruženje je dobro ukoliko ga ljudi i dobro ukoliko ga ljudi i stručnjaci ocjene stručnjaci ocjene dobrimdobrim

33.. Global Entrepreneurship Monitor Global Entrepreneurship Monitor comparative analysis of entrepreneurial development/dynamics in the worldcomparative analysis of entrepreneurial development/dynamics in the world

GEM is the biggest academic research GEM is the biggest academic research project about entrepreneurship in the world.project about entrepreneurship in the world.

GEM is non-profitable academic research GEM is non-profitable academic research consortium. consortium.

The aim of the Consortium is to create high The aim of the Consortium is to create high quality international research data on quality international research data on entrepreneurship activities and made them entrepreneurship activities and made them available for researchers. available for researchers.

Countries participating 1999Countries participating 1999

Countries participating 1999Countries participating 1999

3.1 Basic information3.1 Basic information

Three GEM objectives:Three GEM objectives: To measure differences in entrepreneurial attitudes / To measure differences in entrepreneurial attitudes /

perception, activities and aspirations among countries;perception, activities and aspirations among countries; To discover factors that defines nature and level of To discover factors that defines nature and level of

entrepreneurial activity;entrepreneurial activity; To identify policies that could improve entrepreneurship To identify policies that could improve entrepreneurship

within a countrywithin a country

GEM research is based on data collected from 3 sources:GEM research is based on data collected from 3 sources: Adult Population Survey-APSAdult Population Survey-APS National Experts Survey-NESNational Experts Survey-NES International data bases (World Bank, IMF and others)International data bases (World Bank, IMF and others)

99

3.2 Entrepreneurial attitudes 3.2 Entrepreneurial attitudes and perceptionsand perceptions

Country Year

Perceived

opportunities

Perceived

Capabilities

Fear to failure

Entrepreneurial

intentions

Entrepreneurshipas a Good CareerChoice

High Statusto SuccessfulEntrepreneurs

Media Attention forEntrepreneurship

Bosna and Herzegovina

2011. 21 49 30 17 82 71 43

2010. 38,3 62,5 27,4 16,8 76 63,0 47,6

2009. 35 57 32 17 73 57 51

Croatia2011. 18 49 34 18 65 47 41

2010. 23,3 53,2 31,2 7,4 67,1 49,9 41,8

Economies based on efficiency

2011. 40 52 32 25 70 69 60

Slovenia2011. 18 51 31 9 54 70 45

2010. 26,8 56,3 27,5 8,7 53,2 73,7 56,2

Economies based on innovation

2011. 35 41 38 10 57 69 58

1010

3.3 Entrepreneurial activities 3.3 Entrepreneurial activities

Country Year

NascentEntrepreneurshipRate

New BusinessOwnership Rate

Early-StageEntrepreneurialActivity (TEA)

EstablishedBusinessOwnership Rate

Discontinuation ofBusinesses

Bosna and Herzegovina

2011. 5,4 2,8 8,1 5,0 6,7

2010. 4,1 4,1 7,7 6,6 3,3

2009. 3,1 1,3 4,4 3,9 3,1

Croatia2011. 5,3 2,1 7,3 4,2 3,6

2010. 4,1 1,6 5,5 2,9 1,6

Economies based on efficiency

2011.8,4 5,9 14,1 7,2 4,3

Slovenia2011. 1,9 1,7 3,7 4,8 1,5

2010. 2,2 2,4 4,7 4,9 1,6

Economies based on innovation

2011.4,0 3,0 6,9 7,2 2,7

1111

3.4 Faktori motivacije za ulazak 3.4 Faktori motivacije za ulazak u poduzetničku aktivnostu poduzetničku aktivnost

Zemlja Godina

Poduzetnička aktivnost

pokrenuta iz nužnosti

(procenat od TEA-e)

Poduzetnička aktivnost

pokrenuta iz prilike za

unapređenjem (procenat od TEA-

a)

Bosna i Hercegovina

2011. 61,0 22,0

2010. 47,0 30,0

2009. 39,0 20,0

Hrvatska 2011. 36,0 31,0

2010. 32,0 49,0

Privrede zasnovane na efikasnosti (prosjek)

2011. 28,0 42,0

Slovenija2011. 12,0 51,0

2010. 16,0 54,0

Privrede zasnovane na inovacijama (prosjek)

2011. 18,0 57,0

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3.3.55 Institutional Context (Entrepreneurship Institutional Context (Entrepreneurship Framework Conditions)Framework Conditions)

ThemeBiH CRO SLO All countries

2010. 2011. 2010. 2011. 2010. 2011. Max Ava Min

Finances / financial support to entrepreneurs 2,27 2,30 2,42 2,30 2,49 2,40 3,50 2,44 1,70

Government policies- concrete policies, priorities and support

1,88 2,00 2,27 2,10 2,53 2,40 3,49 2,48 1,72

Government policies - regulations, taxes and other factors defining business environment

1,81 1,81 1,96 1,80 2,40 2,10 4,03 2,37 1,00

Government programs – support to entrepreneurs through different programs and measures

2,01 2,20 2,49 2,40 2,68 2,70 3,63 2,57 1,57

Education – education and training in primary and secondary schools

2,04 2,10 2,11 1,90 2,17 1,80 2,88 2,03 1,37

Education – crafts, higher schools and faculties

2,56 2,40 2,76 2,70 2,98 2,60 3,50 2,81 2,34

1313

3.3.66 Institutional Context (Entrepreneurship Institutional Context (Entrepreneurship Framework Conditions)Framework Conditions)

Theme

BiH CRO SLO All countries

2010. 2011. 2010. 2011. 2010. 2011. Max Ava Min

Transfer R & D2,09 2,00 2,30 2,20 2,40 2,50 3,46 2,33 1,79

Commercial and legal infrastructure – Profesional and commercial services 2,82 2,90 2,83 2,80 3,19 2,90 3,89 3,02 2,20

Internal market / dynamic 3,57 3,20 3,31 3,30 3,11 3,00 4,15 3,02 1,93

Internal market – Openness2,03 2,00 2,17 2,20 2,57 2,50 3,30 2,51 1,60

Physical infrastructure (approach) 3,27 3,40 3,62 3,70 3,97 4,00 4,70 3,73 2,70

Cultural and social norms2,27 2,20 2,42 2,30 2,14 2,20 3,72 2,73 1,92

Opportunity for starting business 2,87 2,80 3,01 3,03 3,26 3,29 4,00 3,27 2,24

1.1. Poduzetnici čija preduzeća ostvaruju visok rast Poduzetnici čija preduzeća ostvaruju visok rast stvaraju najviše radnih mjestastvaraju najviše radnih mjesta

2.2. Poduzetnici čija preduzeća ostvaruju visok rast su Poduzetnici čija preduzeća ostvaruju visok rast su rijetki i teško ih je pronaćirijetki i teško ih je pronaći

3.3. Poduzetnike čija su preduzeća dostigla visok rast Poduzetnike čija su preduzeća dostigla visok rast vodi mogućnost da povećaju svoj dohodakvodi mogućnost da povećaju svoj dohodak

4.4. Poduzetnici čija preduzeća ostvaruju visok rast Poduzetnici čija preduzeća ostvaruju visok rast često rade u partnerstvima i globalno su fokusiraničesto rade u partnerstvima i globalno su fokusirani

5.5. Obrazovanje je bitnoObrazovanje je bitno

3.7 Karakteristike poduzetnika čija preduzeća 3.7 Karakteristike poduzetnika čija preduzeća ostvaruju visoki rastostvaruju visoki rast

Thank you for the attention!Thank you for the attention!

rasimtulum@yahoo.com061 89 49 16061 89 49 16