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Report: Supporting a Dynamic Business Service Sector in Bosnia

One of Bosnia’s main challenges in acceding to the EU will be to develop its service and SME economy. The development of a single market in services has been a central element of the EU’s internal market policy, and a vibrant service sector is seen as crucial to the proper functioning of the knowledge based economy.

One of Bosnia’s main challenges in acceding to the EU will be to develop its service and SME economy. The development of a single market in services has been a central element to the EU’s internal market policy and a vibrant service sector is seen as central to the working of the knowledge based economy.

The SME sector benefits from an expanding service sector because many service firms are SMEs and because SMEs need to draw on the market for important services, like marketing, that they cannot do “in house”. For these reasons the business to business service sector has been one of the highest growth sectors in the EU in recent years.

Various reports have identified the need for more, better quality and greater consistency and sustainability of public and private sector business service provision in Bosnia. One challenge is in tailoring the breadth of technical strategic management services to the individual needs of business managers. Another is to develop confidence in the existing system as the perception of business managers of advisory services is “slightly better than poor”.

Report: Supporting a Dynamic Business Service Sector in Bosnia (.pdf) >>>