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What is Business Angels

Chapter 3
Ecosystem Dynamics and Strategies for Startups Scalability
Are wealthy individual investors who direct investments towards start-ups in the initial phase and actively contribute to their development with their investments, business connections, or experience, who have profit and partial ownership of share capital.
Published in Chapter:
Improving the Conditions for Business Startups in the Republic of Serbia: Human Resources Management Competencies
Biljana S. Ilic (EDUCONS, Faculty of Project and Innovative Management, University of Serbia, Belgrade, Serbia) and Gordana P. Djukic (Faculty of Economics, The University of Belgrade, Serbia)
Copyright: © 2024 |Pages: 22
DOI: 10.4018/979-8-3693-0527-0.ch003
Abstract
The aim of the chapter is to establish a mechanism for recognizing the various actors of the startup ecosystem for the rapid and successful growth of startups in Serbia, with an emphasis on improving business conditions. The strategy for the development of the startup ecosystem of the Republic of Serbia (2021-2025) contains five specific goals, but the authors focused on the fourth special goal of the strategy, which is related to the improvement of conditions for startup businesses. The subject of the work will be the implementation of necessary measures and GovTech programs in Serbia, management, as well as on raising the competencies of employees in the public administration in Serbia for successful leadership in the startup ecosystem.
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