Overview

The economic development of EU candidate countries is shaped by entrepreneurial and demographic challenges that significantly influence their integration into the European Union. As these nations aim for growth and stability, they face various obstacles characterized by shifting demographic profiles, including aging populations and human migration. Fostering an effective entrepreneurial system is essential for increased innovation and job creation. Navigating these challenges requires specific policies that support small and medium-sized enterprises while addressing socio-economic disparities and demographic trends that hinder sustainable development. Further understanding of this relationship is pivotal for creating strategies that promote economic growth and foster the successful integration of these countries into the European Union. Entrepreneurial and Demographic Challenges in Economic Development of EU Candidate Countries explores solutions for the economic improvement of European Union country candidates through entrepreneurship and demographics. The effectiveness of sustainable business management practices on global organizations are examined. This book covers topics such as management science, capitalism, and sociology, and is a useful resource for government officials, policymakers, economists, business owners, sociologists, academicians, researchers, and scientists.

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Milan Vemić , Ph.D., is a Full Professor of Economics, and head of the Department of Economics and Management at the University Union - Nikola Tesla, Faculty of Business Studies and Law in Belgrade, Serbia. He specializes in entrepreneurship and finance. He earned his Master’s degree in 2003 and completed his first Ph.D. in 2005, titled Development of the Systemic Model of Management of Rural Entrepreneurship. His second Ph.D., received in 2010, was titled Optimization model for management of working capital in medium enterprises in Serbia. He served as council chairman, scientific research vice dean, and as an SME expert. He taught economics and finance on graduate and postgraduate courses in Central and Eastern European countries and CIS. He has authored and edited 11 books in economics and finance in English or Serbian and has reviewed several other books. He has published over 100 scientific works in learned and professional publications on SMEs, entrepreneurship, regional and rural development, capital markets, financial management, venture capital, microfinance, and project management. As a keynote speaker, he presented papers at many industry forums and conferences in Bishkek, Aktobe, Belgrade, Subotica, Novi Sad, Rotterdam, Sofia, Tekirdağ, Brașov, Bratislava and Košice. He worked as an expert on many USAID and EU international economic development projects such as the EFSE Annual Impact Study 2007 (2007-2008), the EBRD BEPS II project Banking Environment/Performance Survey (2012), the EBRD Trade Ready Project in Serbia and Georgia (2017-2019), and the EIB support to SMEs channeled via the Investment and Development Fund of Montenegro (2019). Milan is a member of the editorial review board of the International Journal of Applied Management Theory and Research, the International Journal of Responsible Leadership and Ethical Decision-Making, and the Business Trends Journal. For further details on his work, you can visit his profile on the website of CRIS.

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