Structural changes in the economy directly affect macroeconomic and financial stability, income growth, productivity and economic efficiency, social inclusion, and the improved quality of life. The global contraction in 2020, caused by COVID-19, the deepest since the Second World War, will cause a great global economic reset, extreme poverty will increase, and the biggest permanent loss will be in human capital. The biggest consequences for the Serbian economy will be a slowdown in structural reforms. The key performance of the economy in the conjunctural period was positive and affected the growth of the resilience of the economic system, but the research showed that the implemented structural reforms were insufficient and slow, that the old problems are still the causes of low competitiveness. In the context of new reform challenges, the focus of activities needs to be shifted towards creating a stimulating environment for the development of domestic entrepreneurship and the growth of private investment in order to increase trust in the entrepreneurship-institution relationship.

The global recession has once again confi rmed the economic principle stating that economic growth is not a" ainable unless there are continuous structural changes. The transition models of the reallocation of growth factors have demonstrated how ineffi cient they were when the recession struck. A research into the transitional growth of productivity has shown that productivity has primarily been based on an "intrasectoral profi t", not on the so-called "reallocation eff ect". The entire area of SEE is faced with systemic macroeconomic imbalances primarily of a structural character. On the other hand, a comparative analysis of the reform experiences shows that transitional scores depend both on the speed of the undertaken reforms and the starting position. Studies have clearly demonstrated that sustainable economic growth was higher in those transition economies in which reforms were pursued faster than in those that pursued the strategy of incremental development. The crisis brought to the fore the signifi cance of industrial policies that had been sidelined both in theoretical and practical terms. The focus of the post-crisis reallocation of growth factors in the new model of economic growth should be on structural changes steered towards the productive export sectors of the manufacturing industry.

Built upon education ideologies of the previous century, development of Serbian industry is not able to meet global demands of the modern, 21st century market. Innovative ongoing processes in technology and all industrial branches are global and ever more rapid, and they are circumventing the SEE region. The economic structure of Serbian industry at the beginning of transition was two decades old. At the beginning of 2009, after eight transition years, a short economic transition summary is as follows: the trailing caused by the events of the 1990s is very hard to cope with and we are only half through with this task; on the other hand, we are lagging behind EU-15 and EU-10 more and more. Apart from the analysis of structural non-adjustment of the industrial system and its impact on the macroeconomic balance, the paper underlines a significant role of the state in the formulation of industrial policy

SažetakRegionalni razvoj Srbije se, nakon recesionih talasa, suočio sa dodatnim izazovima: trend povećanja regionalne demografske regresije, ekonomski jaz, i dr. Preduzetnici i sektor MSP posebno su teško pogođeni ekonomskom krizom. Ali, i pored toga, u Srbiji postoji 1,2% brzorastućih preduzeća (1.103, od kojih su 160 gazele), koja imaju potencijal rasta (pre krize radilo je 3% brzorastućih preduzeća). To su regionalni pokretači privrednog rasta.Istraživanje regionalnog dinamičkog preduzetništva pokazalo je da je 1.103 brzorastućih preduzeća učestvovalo u rastu poslovnog prihoda Srbije sa 110,5%, što znači da su ova preduzeća pokrivala i 10,5% gubitaka ostalog dela privrede, generisala 1/3 rasta dobiti u privrede i kreirala 10.000 novih radnih mesta u privredi. Regionalni pokretači rasta i razvoja su u jednom broju regiona odigrali izuzetno značajnu ulogu u promeni privredne strukture, povećanju zaposlenosti i poboljšanju konkurentskih performansi lokalnih privrednih struktura.Ekonomske poruke u radu usmerene su u dva pravca: prvo, neophodno je kreirati dodatne podsticajne mehanizme preduzetnicima kako bi se stvorili uslovi za brži rast dinamičkog preduzetništva u Srbiji, i drugo, izlaz iz regionalnog siromaštva zavisiće najviše od izgradnje institucija i afirmacije regionalnog strateškog planiranja.Ključne reči: regionalni pokretači privrednog rasta, dinamičko preduzetništvo, regionalno strateško planiranje AbstractRegional development of Serbia, after waves of recession, faced an additional challenge: a trend of increasing regional demographic regression, economic gap, etc. Entrepreneurs and SME sector are particularly hit hard by the economic crisis. But, in addition, in Serbia there are 1.2% rapidly growing enterprises (1,103, of which 160 gazelles) that boast growth potential (before the crisis, there were 3%). These are the drivers of regional economic growth.The basic research results of the regional dynamic entrepreneurship: 1,103 dynamic enterprises

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