Small and medium enterprises are forced to make innovations, because they are under permanent pressure of competitors at the market. From this point of view the ability to compete in innovations plays very important role as a factor of their competitiveness. Through the last year (2013) we have...

With the development of innovation processes it is evident the growing role of innovation activities also in small and medium enterprises. Many examples confirm, that small and medium enterprises (SME) create a large space for innovation, because they have more flexibility and less...

Business incubators began in the 1960s and really took off in the late 1990s as support for start up companies who need advice and venture capital to get their ideas off the ground. The role of business incubators is to accelerate the successful development of entrepreneurial companies through...

Foreign direct investment is the way by which transnational corporations increaseits profitability by getting the share on a new foreign market, by reducing the production costs or by exploiting other factor inputs (such as availability of raw materials for production and others). The drivers,...

The evaluation of profitability performance appears an important lesson for our managers. Numerical measures of performance are valuable tools, but their use must be kept in perspective. It is short-sighed to manage strictly by the numbers. Executives need to take broader, more qualitative view...

Development of small and medium enterprises is among the priorities of the economic development in Slovakia. The most important development factor is the establishment of a favourable business environment, requiring simplification and a more transparent legislation, reduction of administrative...

Small and medium enterprises represent a substantial part of the economy in developed countries. In OECD countries small and medium enterprises represent more than 95 per cent of the total number of enterprises, their share on employment varies between 60 and 70 per cent. The aim of the article...

Industrial parks play significant role in the economical development of every country. They create space for attracting foreign investors, producing various products and services, create favourable conditions for development of small and medium enterprises, while applying modern technologies and...