Effects of tourism entrepreneurship on regional development

Nikolovski, Branko and Dimoska, Tatjana and Tuntev, Zoran (2017) Effects of tourism entrepreneurship on regional development. Proceedings from the First International Scientific Conference “Challenges of tourism and business logistics in the 21st century »ISCTBL 2017«, Gevgelija, 24-25 October 2017. pp. 111-120. ISSN 978-608-244-465-9

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The process of tourism entrepreneurship is seen as the path to enhance local economies in given environments: social, cultural, and physical. Small tourism enterprise (STE) has significant contribution towards new product development, innovative entrepreneurship and regional development. STEs face numerous business obstacles due to their managerial weaknesses, limited access to external expertise and finance, and institutional regulatory environments that promote barriers to the new entry and business growth. These obstacles can be overcome through various government initiatives: identifying the best practices, benchmarking, access to financial support and labor force skills development. The aim of this paper is to examine tourism entrepreneurship contribution to regional development in a transitional economy environment. Also, we will examine some theoretical models of regional development, which will identify issues and constraints facing STEs development, serving policy makers in better integrating of small-firms sector into wider regional and national economies.

Key words: Tourism, Entrepreneurship, Regional Development

JEL classification: L26, Z32

Item Type: Article
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Tourism and Hospitality
Depositing User: Ftu Eprints
Date Deposited: 24 Mar 2020 14:55
Last Modified: 24 Mar 2020 14:55
URI: https://eprints.uklo.edu.mk/id/eprint/4205

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