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Lean startups with industry 4.0 technologies: Overcoming the challenges of youth entrepreneurship in Serbia

Lean startup-ovi zasnovani na tehnologijama industrije 4.0 - prevazilaženje izazova preduzetništva mladih u Srbiji

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2018
2283.pdf (638.4Kb)
Authors
Bakator, Mihalj
Đorđević, Dejan
Ćoćkalo, Dragan
Nikolić, Milan
Vorkapić, Miloš
Article (Published version)
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Abstract
Youth entrepreneurship is important for reducing youth unemployment rates and it overall contributes to economic growth. The main idea of this research is to determine the barriers and challenges that young entrepreneurs face in Serbia. The paper analyzes literature in this domain, and compares the status of youth entrepreneurship and entrepreneurship overall between Serbia, the EU and the US. Furthermore, a theoretical model is developed that includes the application of Industry 4.0 (I4.0) technologies and lean startup approach. The results indicate that taxation regulation and the lack of financial support for new startups are the main barriers that the young face in Serbia. In addition, the lack of adequate entrepreneurial education creates difficulties, and demotivates potential entrepreneurs. Therefore, it is necessary to introduce or modify existing regulatory laws and introduce effective financial support for new enterprises.
Preduzetništvo mladih je važno zbog smanjenja stope nezaposlenosti u ovoj populaciji i doprinosa ekonomskom rastu. Glavna ideja ovog istraživanja je određivanje barijera i izazova sa kojima se susreću mladi preduzetnici u Srbiji. Ovaj rad analizira literaturu u ovom domenu i upoređuje stanje preduzetništva kod mladih kao i preduzetništva uopšte u Srbiji, EU i Americi. U nastavku, razvijen je teorijski model koji uključuje primenu 'Indsutrija 4.0' tehnologije i 'lean startup' pristup. Rezultati istraživanja indikuju da su neadekvatno regulsianje poreza i nedostatak finansijske podrške za nove startup-ove glavne barijere sa kojima se mladi susreću u Srbiji. Dodatno, nedostatak adekvatnog preduzetničkog obrazoavanja stvara poteškoće i demotiviše potencijalne mlade preduzetnike. Samim tim, potrebno je uvesti ili modifikovati postojeće regulisanje poreza i uvesti efektivnu finansijsku prodšku novim preduzećima i preduzetnicima.
Keywords:
Youth entrepreneurship / Industry 4.0 / Lean startups / Serbia / Preduzetništvo kod mladih / Industrija 4.0 / Lean startup-ovi / Srbija
Source:
Journal of Engineering Management and Competitiveness (JEMC), 2018, 8, 2, 89-101
Publisher:
  • University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin
Funding / projects:
  • Project by the Provincial Secretariat for Higher Education and Scientific Research of the Autonomous Province of Vojvodina, no: 142-451-2461/2018-03.

DOI: 10.5937/jemc1802089B

ISSN: 2334-9638

[ Google Scholar ]
URI
https://cer.ihtm.bg.ac.rs/handle/123456789/2285
Collections
  • Radovi istraživača / Researchers' publications
Institution/Community
IHTM
TY  - JOUR
AU  - Bakator, Mihalj
AU  - Đorđević, Dejan
AU  - Ćoćkalo, Dragan
AU  - Nikolić, Milan
AU  - Vorkapić, Miloš
PY  - 2018
UR  - https://cer.ihtm.bg.ac.rs/handle/123456789/2285
AB  - Youth entrepreneurship is important for reducing youth unemployment rates and it overall contributes to economic growth. The main idea of this research is to determine the barriers and challenges that young entrepreneurs face in Serbia. The paper analyzes literature in this domain, and compares the status of youth entrepreneurship and entrepreneurship overall between Serbia, the EU and the US. Furthermore, a theoretical model is developed that includes the application of Industry 4.0 (I4.0) technologies and lean startup approach. The results indicate that taxation regulation and the lack of financial support for new startups are the main barriers that the young face in Serbia. In addition, the lack of adequate entrepreneurial education creates difficulties, and demotivates potential entrepreneurs. Therefore, it is necessary to introduce or modify existing regulatory laws and introduce effective financial support for new enterprises.
AB  - Preduzetništvo mladih je važno zbog smanjenja stope nezaposlenosti u ovoj populaciji i doprinosa ekonomskom rastu. Glavna ideja ovog istraživanja je određivanje barijera i izazova sa kojima se susreću mladi preduzetnici u Srbiji. Ovaj rad analizira literaturu u ovom domenu i upoređuje stanje preduzetništva kod mladih kao i preduzetništva uopšte u Srbiji, EU i Americi. U nastavku, razvijen je teorijski model koji uključuje primenu 'Indsutrija 4.0' tehnologije i 'lean startup' pristup. Rezultati istraživanja indikuju da su neadekvatno regulsianje poreza i nedostatak finansijske podrške za nove startup-ove glavne barijere sa kojima se mladi susreću u Srbiji. Dodatno, nedostatak adekvatnog preduzetničkog obrazoavanja stvara poteškoće i demotiviše potencijalne mlade preduzetnike. Samim tim, potrebno je uvesti ili modifikovati postojeće regulisanje poreza i uvesti efektivnu finansijsku prodšku novim preduzećima i preduzetnicima.
PB  - University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin
T2  - Journal of Engineering Management and Competitiveness (JEMC)
T1  - Lean startups with industry 4.0 technologies: Overcoming the challenges of youth entrepreneurship in Serbia
T1  - Lean startup-ovi zasnovani na tehnologijama industrije 4.0 - prevazilaženje izazova preduzetništva mladih u Srbiji
VL  - 8
IS  - 2
SP  - 89
EP  - 101
DO  - 10.5937/jemc1802089B
ER  - 
@article{
author = "Bakator, Mihalj and Đorđević, Dejan and Ćoćkalo, Dragan and Nikolić, Milan and Vorkapić, Miloš",
year = "2018",
abstract = "Youth entrepreneurship is important for reducing youth unemployment rates and it overall contributes to economic growth. The main idea of this research is to determine the barriers and challenges that young entrepreneurs face in Serbia. The paper analyzes literature in this domain, and compares the status of youth entrepreneurship and entrepreneurship overall between Serbia, the EU and the US. Furthermore, a theoretical model is developed that includes the application of Industry 4.0 (I4.0) technologies and lean startup approach. The results indicate that taxation regulation and the lack of financial support for new startups are the main barriers that the young face in Serbia. In addition, the lack of adequate entrepreneurial education creates difficulties, and demotivates potential entrepreneurs. Therefore, it is necessary to introduce or modify existing regulatory laws and introduce effective financial support for new enterprises., Preduzetništvo mladih je važno zbog smanjenja stope nezaposlenosti u ovoj populaciji i doprinosa ekonomskom rastu. Glavna ideja ovog istraživanja je određivanje barijera i izazova sa kojima se susreću mladi preduzetnici u Srbiji. Ovaj rad analizira literaturu u ovom domenu i upoređuje stanje preduzetništva kod mladih kao i preduzetništva uopšte u Srbiji, EU i Americi. U nastavku, razvijen je teorijski model koji uključuje primenu 'Indsutrija 4.0' tehnologije i 'lean startup' pristup. Rezultati istraživanja indikuju da su neadekvatno regulsianje poreza i nedostatak finansijske podrške za nove startup-ove glavne barijere sa kojima se mladi susreću u Srbiji. Dodatno, nedostatak adekvatnog preduzetničkog obrazoavanja stvara poteškoće i demotiviše potencijalne mlade preduzetnike. Samim tim, potrebno je uvesti ili modifikovati postojeće regulisanje poreza i uvesti efektivnu finansijsku prodšku novim preduzećima i preduzetnicima.",
publisher = "University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin",
journal = "Journal of Engineering Management and Competitiveness (JEMC)",
title = "Lean startups with industry 4.0 technologies: Overcoming the challenges of youth entrepreneurship in Serbia, Lean startup-ovi zasnovani na tehnologijama industrije 4.0 - prevazilaženje izazova preduzetništva mladih u Srbiji",
volume = "8",
number = "2",
pages = "89-101",
doi = "10.5937/jemc1802089B"
}
Bakator, M., Đorđević, D., Ćoćkalo, D., Nikolić, M.,& Vorkapić, M.. (2018). Lean startups with industry 4.0 technologies: Overcoming the challenges of youth entrepreneurship in Serbia. in Journal of Engineering Management and Competitiveness (JEMC)
University of Novi Sad, Technical faculty Mihajlo Pupin, Zrenjanin., 8(2), 89-101.
https://doi.org/10.5937/jemc1802089B
Bakator M, Đorđević D, Ćoćkalo D, Nikolić M, Vorkapić M. Lean startups with industry 4.0 technologies: Overcoming the challenges of youth entrepreneurship in Serbia. in Journal of Engineering Management and Competitiveness (JEMC). 2018;8(2):89-101.
doi:10.5937/jemc1802089B .
Bakator, Mihalj, Đorđević, Dejan, Ćoćkalo, Dragan, Nikolić, Milan, Vorkapić, Miloš, "Lean startups with industry 4.0 technologies: Overcoming the challenges of youth entrepreneurship in Serbia" in Journal of Engineering Management and Competitiveness (JEMC), 8, no. 2 (2018):89-101,
https://doi.org/10.5937/jemc1802089B . .

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