Abstract:
The purpose of the study was to unite and to expand the existing cognitions about the concept of collaborative networks, innovation, product diversification, and business development services in promoting competitive advantage of youth enterprises. The Youth Enterprises have to survive in the global economic environment through defining the areas in which they can achieve superior results and on them base their complete business. Through such a process youth enterprise can partly resolve problems by gaining competence, building resources, sharing risks, undertaking quick market movements, and making joint investments.
