Self employment program via crediting as an incentive for increasing entrepreneurial activity in Republic of Macedonia
Self employment program via crediting as an incentive for increasing entrepreneurial activity in Republic of Macedonia

Summary/Abstract: In recent years, entrepreneurial activity has been the focus of the governments of the world’s advanced economies. Policy makers increasingly recognize the importance of the presence of entrepreneurs in economies that open new markets, innovate products, services, technologies and organizational processes, thereby spreading consumer choice, deepen consumer possibilities and improve their well being. Therefore, there are numerous activities undertaken by the governments for stimulating new and potential entrepreneurs to enter the markets and take advantage of their entrepreneurial capabilities.Self employment program via crediting is one of the activities undertaken by the government of the Republic of Macedonia which would facilitate market entry for the new entrepreneurs in the economy. The purpose of this paper is to present the research which was conducted on users of the self employment program via crediting and also to prove the effectiveness of this program in the creation of new entrepreneurial capital, which is the paper hypothesis. The survey results confirm the hypothesis and suggest that self employment program via crediting is an incentive for potential entrepreneurs to enter Republic of Macedonia’s markets.

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