Tea Petrin

In 1986, Petrin co-founded the Yugoslav General Entrepreneurial Agency (YUGEA) with fellow economists Janez Prašnikar and Aleš Vahčič. The organization was created with a government mandate to improve industry in Yugoslavia. The group concluded that the implementation of economic competition was necessary to restore the Yugoslav economy, and they proposed creating several smaller firms to compete with the primary state-owned firms. Petrin traveled with YUGEA to assist workers in creating spin-off firms.^[3]

Petrin was a founding member of the private entrepreneurship school GEA College in 1990.^[4] She began teaching at the University of Ljubljana as an assistant professor,^[2] where she created a master's program for entrepreneurship studies in 1991.^[4] She became a full professor in 1993.^[2] Petrin's primary academic focus was economic competition and innovation economics,^[4] including her study of socialist economics and its challenges in regulating firm sizes without competition.^[3][5] She was also involved with the International Bank for Reconstruction and Development's work in Slovenia.^[2]

Petrin was appointed Minister for Economic Affairs in the government of Janez Drnovšek in November 2000, and she held the position through the government of Anton Rop until April 2004.^[1] She resigned from the ministry to become the Slovenian Ambassador to the Netherlands in 2004.^[6] She held the position until 2008.^[7]

The University of Ljubljana's economics department confirmed that Petrin had died on 4 April 2023, at age 78.^[1][2]