Enis Mulolli; Xhavit Islami; Nagip Skenderi
Volume 4, Issue 6 , June 2017, , Pages 659-666
Abstract
This paper treats the role of business incubators in the increase of small and middle enterprises in Kosovo. Business incubators offer the opportunity of growth of SMEs in the start-up phase by creating a comfortable supportive environment for a certain time since their establishment. According to the ...
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This paper treats the role of business incubators in the increase of small and middle enterprises in Kosovo. Business incubators offer the opportunity of growth of SMEs in the start-up phase by creating a comfortable supportive environment for a certain time since their establishment. According to the literature, the business incubator is an important instrument for local, national and beyond economic development. Knowing the difficulties that start-ups face, business incubators enable start-ups to have access in: managerial assistance, mentorship, finances, Office space for the lower price than the market price, flexible rental, technical support services, common management services and secretary as well as other support services. Their opportunities are welcomed and hopeful for the initial phases of the development of SME in Kosovo. The purpose of this paper is to estimate the role of incubators and their impact on business development in Kosovo using the analytical approach. To achieve the objective of this paper, we have analyzed data from existing literature of various authors and reports for the role of business incubators. According to results derived from this paper, we came to a conclusion that business incubators are the main factor for the development of SME and consequently, overall economic growth in Kosovo.
Nagip Skenderi; Xhavit Islami; Enis Mulolli
Volume 4, Issue 5 , May 2017, , Pages 554-564
Abstract
This paper discusses the relationship between the informal economy and the development of SMEs in Kosovo. The purpose of this paper is to analyze the informal economy, its causes, effects and its impact on business, as well as government policies to combat the informal economy which is a barrier to business ...
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This paper discusses the relationship between the informal economy and the development of SMEs in Kosovo. The purpose of this paper is to analyze the informal economy, its causes, effects and its impact on business, as well as government policies to combat the informal economy which is a barrier to business development in Kosovo. During the period of transition, the number of small and medium businesses increased significantly, but their existence depends on external factors, such as informality. The informal economy is present in countries that are structurally and economically fragile, a structure which enables businesses to leave out the formal way of doing business. To meet the objective of this paper we usedthe observation method to analyze the data from different authors and reports about the informal economy and the development of SMEs. Among the key factors for the growth of informality are high taxes which are seen as an obstacle to business growth. According to the outcomes of this paper, we conclude that the informal economy is an obstacle to SME development in Kosovo. This study makes a significant contribution to the scientific and academic value, to the informal economy in the development of SMEs in Kosovo, in the region and beyond.
Mahmoud Karimi; Vali Allah Aeineh Negini
Volume 3, Issue 5 , May 2016, , Pages 336-353
Abstract
Energy exchange development is an integral part of economic development. The fact that extended provision and use of energy services is firmly associated with economic development leaves open how significant energy is as a causal factor in economic development, however; and on the other side energy sector ...
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Energy exchange development is an integral part of economic development. The fact that extended provision and use of energy services is firmly associated with economic development leaves open how significant energy is as a causal factor in economic development, however; and on the other side energy sector development competes with other opportunities for scarce capital and opportunities for policy and institutional reform. In this paper we first give a brief conceptual introduction that seeks to depict the structure of the paper into three sections. We then show the importance of a well-functioning energy exchange as a key on the way of economic development. Next, we describe the most important pre-conditions for a well-developed energy exchange. Finally, we suggest some solutions that can accelerate the development process. The evidence shows regulations as the most important factor and government as the best supportive body in the development process.
Patrick Omagbon
Volume 2, Issue 11 , November 2015, , Pages 1393-1402
Abstract
This paper attempts to analyze the conceptual development of accounting vis-à-vis the evolution of cost accounting and management accounting from the general accounting system. It also looked into the evolution and promotion of international accounting bodies. The investigation so far revealed ...
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This paper attempts to analyze the conceptual development of accounting vis-à-vis the evolution of cost accounting and management accounting from the general accounting system. It also looked into the evolution and promotion of international accounting bodies. The investigation so far revealed that the historical evolution of modern day accounting, from all evidence date to 1211 A.D. when Italian bank was said to have kept a complete double-entry books of accounts. In the light of this therefore, we concluded that the invention of double-entry bookkeeping cannot be ascribed to any individual.
Farrukh Shahzad; Ahsan Zia; Zeeshan Farred; Bushra Zulfiqar
Volume 1, Issue 3 , October 2014, , Pages 215-228
Abstract
The main purpose of this article is to check the growth and trend of Islamic banking and finance in the world of finance. It shows the globalization of Islamic banking through total assets of Islamic banks of different countries of the Middle East and South Asia. The findings hold that Islamic banking ...
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The main purpose of this article is to check the growth and trend of Islamic banking and finance in the world of finance. It shows the globalization of Islamic banking through total assets of Islamic banks of different countries of the Middle East and South Asia. The findings hold that Islamic banking is becoming more popular and making so many improvements day by day as compare to conventional banking system throughout the world. The growing hubs of Islamic Banks provide the base line and launching pad for the promotion of Islamic banking and finance in the world market. Especially, the increase in oil prices in the Middle East Countries made the economy strong and prolong boom in the market and this factor is the cause of successful Islamic Banking in the Middle East Countries. The total assets of top class Islamic Banks of Middle East Countries (Bahrain, Iran, Jordan, Kuwait, and Lebanon) and South Asian Countries (Pakistan, Bangladesh) shows the growth and advancements of Islamic banking within the globe. This article focuses on the globalization of Islamic banking by showing the total assets in (USD million) of Islamic banks of Middle East and South Asia. For this purpose the annual reports of the perspective Islamic Banks have been taken and total assets have been showed by converting different currencies into one currency in USD million. It reflects that how the Muslim governments and Muslim community are enjoying the Islamic banking (Interest free Banking) and finance and Islamic banking is promoting day by day throughout the world.
