Advances in Economics and Business Vol. 4(1), pp. 37 - 46
DOI: 10.13189/aeb.2016.040105
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Small and Medium-sized Enterprises – Progress and Impact in National Economics of Slovak Republic – Changes of Economic Tools in 2013- 2015 Period


Helena Strážovská *
Faculty of Commerce, University of Economics in Bratislava, Slovakia

ABSTRACT

After the Velvet Revolution in the former Czechoslovakia in 1989, the economy was faced with a problem of building money- goods relationship in a new way. An important part of the abandonment of a socialist way of economy had become the transition of an ownership in the hands of private sector individuals. Also significant was the return of a property to the former owners of so called ‘restitution.‘ The economic theory monitored and supported this process in particular with the development of a control theory. In addition to the theory, respectively the acceptance of new economic categories, it was necessary to address the organizational aspects of the business sector. Thus in 1993 the Slovak theory began to deal with small and medium- sized enterprises. In 2004, Slovakia entered the European Union, and in 2009 it entered the Eurozone as well. These historical changes had a significant impact on both the theory and economic reality. The Slovak economy and economic theory and the special theory of small and medium-sized businesses took the content of economic categories from developed economies, particularly the USA and the European Union. Research activities in the field of small and medium-sized enterprises began in 1993 and intensified after 2004. In the text of our article, we think about these processes and evaluate the activities and results of small and medium- sized enterprises, seeing those levels of growth.

KEYWORDS
History and Setting in Slovakia from Early 90s, SMEs = Small and Medium- sized Enterprises/ Entrepreneurship, SMEs and Employment in Slovakia, Key Changes of Economic Instruments from 2015, Summary of Benefits and Wages

Cite this paper
Helena Strážovská . "Small and Medium-sized Enterprises – Progress and Impact in National Economics of Slovak Republic – Changes of Economic Tools in 2013- 2015 Period." Advances in Economics and Business 4.1 (2016) 37 - 46. doi: 10.13189/aeb.2016.040105.