Entrepreneurship and the significance of small and medium-sized enterprises in the globalized economy, focusing on Kosovo

Abstract

Generating The characteristics and vitality The development Businesses supported by entrepreneurial talent and managers who prioritize creating developmental opportunities are essential to a nation's competitiveness. The core of existence is in the distinctive framework and specialized functions of modern enterprises. Entrepreneurs, who oversee the economic activities of a company, are often referred to as both managers and entrepreneurs. They have a dual role as individual business owners and as entrepreneurs of corporations that they control without significant external management capital. Studies provide the skills necessary for business. The distinction between the roles of entrepreneurs, managers, and owners lies in the allocation of capital. In many instances, the same individual can perform all three functions. The entrepreneur identifies business opportunities and utilizes small and medium-sized firms to finance and develop the business idea. They act as arbitrators or pitch their ideas to project the business. "Entrepreneur: The Corporations" or "Head Executive: The Firms" must also be considered and studied regarding how the remarkable event was obtained. These duties are not restricted to asset management. In order to be effective, they involve the coordination, control, and signature of actions. In the present business environment, entrepreneurship must also involve managing essential changes related to assets. Using words and symbols, they must consistently rediscover the fundamental sign, establishing new business ventures (spin-offs) and expanding the network among companies. When discussing businesspeople who are significant shareholders in businesses, it is essential to evaluate their participation in the firm's assets, together with managers who are involved in the basic allocation of powers inside the company.
However, the duty of the manager is mostly about overseeing the combination and coordination of resources to effectively manage the business portfolio of the firm. They have a function key that is typically used when a signature is unresponsive to ensure effectiveness. Another fundamental responsibility for a manager is to establish a reputation and an atmosphere of trust that can turn a competing system (with individuals having opposing objectives) into a cooperative system. The manager must establish an atmosphere of confidence to ensure employee satisfaction. I will not engage in opportunistic behavior, especially when focusing on short-term gains, such as increasing efficiency by cutting surveillance costs and other expenses. The capitalist, also known as the owner, provides funds to the firm, either as passive shareholders (such as small investors or institutional investors) or as the main active shareholders, who may also act as entrepreneurs and managers.