The crisis caused by COVID 19 poses a major challenge for the global economy and business. It has been a test for economic resilience and how this crisis will affect business activities will be determined by their competitiveness.

Mirjana Radovic-Markovic is professor and principal research fellow at the Institute of Economic Sciences, Belgrade, Serbia.

Borislav Ðukanovic is professor at the University Donja Gorica, Podgorica, Montenegro.

DuSan Markovic is professor of applied studies at the Belgrade Academy of Business and Art, Belgrade, Serbia.

Arsen Dragojevic is a researcher at Ipsos Strategic Marketing in Belgrade, Serbia.

The crisis caused by COVID-19 poses a major challenge for the global economy and business. It has been a test for economic resilience, and how this crisis will affect business activities will be determined by their competitiveness. Only firms that have succeeded in reorienting and quickly adapting to the emerging crisis have continued without interruption in their operations, thus demonstrating their flexibility and high level of resilience.

Research shows that companies driving the gig economy celebrate the benefits: flexibility, additional income, freedom and other various opportunities for workers. They require entrepreneurial digital skills that improve their competitiveness and benefit not only themselves but the economy as well. Therefore, digital competencies are becoming a significant resource and precondition for employment, and it is essential to promote digital entrepreneurial skills, introducing them into education programs through different forms of education. This book stresses and explores the importance of synergy between industry and virtual universities. Considering the importance of these issues, this book draws together literature on globalization and small and medium enterprise development and internationalization from disparate sources into a cohesive body of work, which traces the evolution of entrepreneurship and our understanding of the topic. It investigates the impact of digitalization on creating job opportunities in the labor market.

Covering social, economic and psychological approaches to the most current topics, this book will be a useful framework to new theories and practices that are emerging to challenge conventional wisdom. It will be of interest to scholars, upper-level students, and researchers involved in the field of entrepreneurship.

PART I. Theoretical Perspectives of Globalization

1. Global business flows

Prof. Dr Mirjana Radovic-Markovic

PART II. Globalization and Entrepreneurship

2. Entrepreneurship: past, present & future

Prof. Dr Mirjana Radovic-Markovic

PART III. Digital Entrepreneurship

3. Enterprise digital transformation towards network virtualization

Prof. Dr Mirjana Radovic-Markovic

4. Exploring the synergistic potential in virtual university and virtual enterprise

Prof. Dr DuSan Markovic

PART IV. Changing Nature of Work in the Digital Era

5. The transformation of work in a global knowledge Economy

Prof. Dr Mirjana Radovic-Markovic

PART V. Organisational and Entrepreneurial resilience

6. Resilience and entrepreneurship

Prof. Dr Mirjana Radovic-Markovic

7. The Resilient Entrepreneur

Arsen Dragojevic

PART VI. Economic and social impact of Global ecosystem on Progress in Montenegro

8. Economic Prosperity in the Western Balkans and Montenegro

Prof. Dr Mirjana Radovic-Markovic

9. Measuring Quality of Life

Prof. Dr Borislav Ðukanovic and Arsen Dragojevic

10. Measuring Professional Life

Prof. Dr Borislav Ðukanovic