Quality of business environment in Slovakia from the point of view of small enterprises

Gregova Elena ()
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Gregova Elena: Zilina University (Slovenska Republika)

Annals of marketing-mba, 2014, vol. 2

Abstract: Countries with a transition economy more than developed ones are influenced by modern globalization processes which have impact first of all on small sector of economy. Small and medium-sized enterprises in transforming economies are considered as one of the major stabilization factors which promotes the solution of economic and social problems. The favorable environment for business is the main prerequisite for long-term competitiveness and growth of economy of any country. It is the environment where the state supports and protects economic competition, creates accurate and stable rules for a game, effectively provides their compliance by all participants of the market and at the same time minimizes administrative obstacles and requirements to businessmen.

Keywords: small enterprise; business environment; competitiveness; banks; government; guarantees. (search for similar items in EconPapers)
JEL-codes: L25 (search for similar items in EconPapers)
Date: 2014
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