The paper deals with analysis of economic freedom and cultural entrepreneurship in Serbia, as one of the principles of democracy. In the first part, terminology of economic freedom and entrepreneurship in culture is explained from the perspective of culture in relation to democracy. The paper also gives contextualization of those phenomena at the level of public policies. In the second part of the paper, historical analysis of institutional framework for development of cultural entrepreneurship is presented. Also, the achieved level of economic freedom in the field of culture is assessed. At the end of the paper, cultural policy recommendations at the national level are identified.
