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The research analyses the situation of Cultural Heritage Entrepreneurship (CHE) in SEE countries participating in Sagittarius Project (EU-7). A special attention is payed to the problem of CHE contribution to economic recovery and re launching sustainable development taking into considerations challenges and barriers related to: lack of financial sources; access to market and innovation; intellectual property rights; education and training. An intercountry comparison of CHE characteristics and at the EU-7 and EU-27 levels reveals a series of difficulties and shortcomings for the case of Sagittarius countries in the period 2009-2012.
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