Possibilities for implementing economic gardening in the Republic of Macedonia
Possibilities for implementing economic gardening in the Republic of Macedonia

Summary/Abstract: Economic gardening (EG) is considered as an entrepreneurial approach to economic development that seeks to grow the local economy from within. Its premise is that local entrepreneurs create the companies that bring new wealth and economic growth to a region in the form of jobs, increased revenues, and a vibrant local business sector. Especially are important the second-stage companies and fast growing companies - gazelles, that are the engine behind job creation and revenue generation, and provides a unique and powerful way to grow economies. Economic gardening targets growth-oriented companies that already operate in communities and helps these businesses succeed by tackling and delivering high-level strategic issues and research services. Economic gardening helps to establish a strong entrepreneurial culture that is critical to company, industry, and regional and statewide growth. It is not a fast answer, it is a lifetime change. In the text are presented the concepts of economic gardening with their specificities in USA and Japan. Also, the special observation is given on the situation with business support in the Republic of Macedonia and are analyzed the possibilities for implementing the economic gardening concept on national and local level.

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