Automobile Sector in the Slovak Republic: Current Situation and Future Prospects

Daneš Brzica ()
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Daneš Brzica: Slovak Academy of Sciences

Chapter 7 in Regional Externalities, 2007, pp 131-147 from Springer

Abstract: Abstract The European Union pays attention to the problem of persisting technological gap vis-à-vis USA and Japan. The Slovak Republic, similar to other EU members, shows lower ability to transform knowledge from basic research into new products and this has had negative impact on employment and growth. Emergence of clusters can assist to qualitative changes in functioning of the Slovak business sector, which has been for many years characterized by large-scale production. This situation changed during the 1990s. A transition process, generated by the Velvet revolution in 1989 and the liberalization of Slovak markets, initiated a restructuring process among Slovak enterprises coupled with an emergence of small domestic firms and foreign direct investment (FDI). The chapter reflects this process and focuses on the main element of it — automobile sector. It addresses emergence of Slovak automobile cluster(s) as a main topic.

Keywords: Automobile sector; Industrial cluster; Competitiveness; the Slovak Republic (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-35484-0_7

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DOI: 10.1007/978-3-540-35484-0_7

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