Strategic Management and Entrepreneurship in the Republic of Kosovo

In this paper the area and objectives of strategic management and entrepreneurship will be examined, i.e. what it is concerned with and which goals it aims to achieve. As an example studies involving competitive advantage when applying the strategic management and entrepreneurship will be specified. The area of behaviour in the strategic management and entrepreneurship and its focus will be taken into account as well as what opportunities are given for the further development of small and medium companies. An answer will be given to the question of whether strategic planning is really so important. Further the strategic management and competitive advantage and the process of strategic management and his steps will be also considered. The positive guidelines to application of the strategic management in entrepreneurship will be briefly given. In terms of strategic management and entrepreneurship in the Republic of Kosovo the access to the entrepreneurship by the Government of RK will be exposed. Reference to the role of the Agency for Support of Entrepreneurship of the Republic of Kosovo (ASERM) will be also given. In that relation, the Program of measures and activities in support of the entrepreneurship and creating competitiveness of small businesses in the Republic of Kosovo will be taken into consideration, as well as other programs adopted by the Government, that relate to the entrepreneurship and the small businesses. Other activities of the Government of the RK for encouragement of the entrepreneurship will be specified. In relation to the strategic framework for support of the development of small businesses the documents in which it is defined will be mentioned. An emphasis of the extent of application of the strategic management in small and medium companies will be given, i.e. whether they do apply the strategic management and to what extent they are doing so