Globalization and Entrepreneurship in Small Countries

Mirjana Radovic-Markovic is a professor and director of master's studies in Female Entrepreneurship, and a member of the Board of Directors of Akamai University, USA. Rajko Tomaš is a professor in the Economics Department at the University of Banja Luka, Bosnia and Herzegovina.

1 The Change in Economic Power Distribution in Conditions of Economic Globalization

RAJKO TOMAŠ

1.1 Natural and Social Global Order

1.2 Homogeneity of Human Motivation and Globalization

1.3 Global Multicultural Entrepreneurial Environment

1.4 Paradox of the Competition in Global Economy

1.5 Disharmony between Motivation According to Consumption and Motivation According to Production

1.6 Globalization, Negative Selection, Moral Hazard, and Captured Resources

1.7 Neoliberalism and Modern Globalization

1.8 The Position of Small Countries in the Conditions of Globalization

1.8.1 The Benefits of Globalization for Small Countries

1.8.2 The Countries of the Western Balkans in the Process of Globalization

1.9 Hypothesis of the Research

1.10 Method of the Analysis

1.10.1 Distinguishing “Small” from “Big” Countries

1.10.2 Data and Range

1.10.3 Measurement of a Relative Concentration of Economic Power

1.11 The Results of the Analysis

1.12 Conclusion

2 Global Entrepreneurship – Empowering Diversity and Inclusion in Entrepreneurship

MIRJANA RADOVIC-MARKOVIC

2.1 Introduction

2.2 Multicultural Business Environment: Challenges and Opportunities

2.2.1 Types of Global Organizations

2.2.2 Creating the Culturally Diverse Organization

2.2.3 Managing in a Global Environment

2.2.4 Gender and Diversity in Organizations

2.2.5 What Will Happen in Entrepreneurship in the Context of Fast-Diversifying Population?

2.3 Conclusion

3 Globalization Impact on Entrepreneurship in Small Countries – A Case Study of Serbia

MIRJANA RADOVIC-MARKOVIC

Introduction

3.1 Literature Overview

3.2 Macroeconomic Environment in Serbia and Western Balkan Countries – GDP Growth Movement

3.3 Impact of Globalization on Competitiveness

3.3.1 Global Competition Index – GCI

3.3.2 Attractiveness of Serbia and Western Balkan Countries for Foreign Investments

3.4 Research Methodology

3.5 Research Results and Discussion

3.6 Impact of Globalization on Entrepreneurship

Development in Western Balkan Countries

3.7 SMEs and Resilience

3.7.1 Global Index of Resilience

Conclusion

About the Authors
Index