Abstract

Entrepreneurship is beneficial and necessary for economic growth. The contribution of entrepreneurs in industry and services is crucial for economic growth, productivity, innovation, competitiveness and job creation. Over 95% of firms in OECD countries are SMEs and these account for 60-70% of employment in most countries. Particularly, onwards 1970s together with the intensification of global competition, the increase in economic uncertainty, the growth in market fragmentation, changes in the character of technological progress, new economic opportunities and increasing rates in unemployment stimulate entrepreneurial activities and affect resulting in a shift from large to smaller firms. Entrepreneurship associated with small business is regarded as the key vehicle for the creation of new enterprises. Most of the governments, particularly in developed countries have recognised the importance of entrepreneurship and have made the encouragement of entrepreneurial activity an important aspect of their economic policies and programmes. In this paper, first of all, concept of entrepreneurship, importance, benefits and trends in entrepreneurship are emphasized. Secondly, as the case studies government supports in Turkey and Kosova, particularly for SMEs are examined. In the final part of the study, some recommendations are developed.

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