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Original scientific paper

Investment in entrepreneurs’ education and application of the governing law

Lazar Ožegović ; University “ Business Academy” Faculty of Engineering Management and Economics, Novi Sad, Republic Serbia
Radica Šipovac orcid id orcid.org/0000-0001-9951-0809 ; Law Faculty, Business Academy, Novi Sad, Republic Serbia
Vladimir Šipovac orcid id orcid.org/0000-0002-8361-3325 ; University “ Business Academy” Faculty of Engineering Management and Economics, Novi Sad, Republic Serbia


Full text: english pdf 244 Kb

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Full text: serbian pdf 244 Kb

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Abstract

The paper tackles the issues related to the quality of entrepreneurs’ knowledge, ways of ensuring continuing quality knowledge relating to founding and managing a business and its taxation. Such knowledge needs to be considered within the context of the established legal system that regulates business management, with respect to those rules that govern international flows of goods, capital and people, as well as with respect to the existing economic policies. Continuing quality knowledge is an absolute must especially when experienced business people intend to set up a new business in a new field or when they intend to penetrate new markets. Knowledge and skills provided for those people need to be based on national and international rules alike.The list of the elements that affect the development of entrepreneurship includes the following: tax fees, tax relief and exemption, stability of the legal system, execution of judicial decisions, independent flows of financial transactions and stable environment. In particular situations the importance of knowledge related to the elements listed is paramount. Therefore, continuing improvement of entrepreneurs’ knowledge is a worthy societal aim. The programs that provide such knowledge should gain public recognition and should be offered to general public owing to the fact that improving entrepreneurs’ quality knowledge affects the development of the society in general.

Keywords

entrepreneur; quality knowledge; taxation; business activity; organic production

Hrčak ID:

130199

URI

https://hrcak.srce.hr/130199

Publication date:

1.6.2012.

Article data in other languages: serbian

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