SME Development in the Visegrad Area

Mária Srebalová () and František Vojtech ()
Additional contact information
Mária Srebalová: Comenius University in Bratislava
František Vojtech: Economics and Management Institute, School of Economics and Management of Public Administration in Bratislava

A chapter in Eurasian Business and Economics Perspectives, 2021, pp 269-281 from Springer

Abstract: Abstract The aim of this paper is to analyze the development of small- and medium-sized enterprises (SMEs) and identify correlation between selected indicators and value added of SMEs in Visegrad Group (V4). The analysis of the development of small- and medium-sized enterprises of the V4 is dedicated through three indicators, namely, the number of enterprises, the number of employees, and their value added. The object of our research is the V4 which is a grouping of four states located in the center of Europe and SME environmental possibilities and functional properties for development and innovation potential. From our perspective of view, the model of correlation is one of the main meaningful analyses of SME development in the region, for this our main methodology is the usage of mathematical model of correlation for data set of information obtained from European Commission statistics reports for V4 countries. Based on our research, value added of SMEs in V4 increased in all business categories since 2010. The largest increase is seen in small businesses, which improved by almost 24%. Together, medium-sized enterprises created a 19% higher value added. Micro-businesses have improved by 7% over 8 years.

Keywords: Visegrad Group (V4); Small- and medium-sized enterprise; Value added; Correlation (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (5)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:eurchp:978-3-030-65147-3_19

Ordering information: This item can be ordered from
http://www.springer.com/9783030651473

DOI: 10.1007/978-3-030-65147-3_19

Access Statistics for this chapter

More chapters in Eurasian Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().