The role and influence of entrepreneurship on the growth and expanding of small and medium enterprises in the Republic of Macedonia

Abstract

Small and big businesses are the main carriers of the economic activities in the Macedonian economy and are of huge importance for the country’s further growth and development. Business, in order to succeed in the business surroundings, where competition is tougher, they must create strategies that will contribute to their effective working. Productivity and economy are weak points in the Macedonian economy. Because of that specific attention should be paid to the national competitiveness and productivity, through the microeconomic reforms and with that cutting on the working costs in small and big businesses through cutting off tax burdens.Entrepreneurship is most often compared to the number of tens or thousand newly founded businesses on all meridians on the earth, and are often expressed in that same direction. The idea and function of entrepreneurship is directly expressed, through the striving to confirm the massive trend of new businesses. Depending of the magnitude of a country, we can talk about tens, hundred thousand, million small businesses per year, where we find one or two cofounders, owners, entrepreneurs. At the same time this activity is the beginning of the achievement of the entrepreneurial chance, through an appropriate organizational form determined as a model of a rational behavior throughout the world.