THE IMPACT OF BUSINESS ENVIRONMENT ON REGIONAL DISPARITIES

2016 ◽  
Vol 4 ◽  
pp. 187-191 ◽  
Author(s):  
Viktor Šoltés ◽  
Katarína Repková Štofková
Keyword(s):  
Statistical Data ◽  
Slovak Republic ◽  
Business Environment ◽  
Specific Form ◽  
Regional Disparities ◽  
The European Union ◽  
Related Quality ◽  
The Impact ◽  
Positive Effect

The structure of the business environment, as part of the socio-economic situation, indirectly affects a citizen’s quality of life. A “friendly” business environment has a positive effect on job formation, thus helping with employment. A country encourages formation and development of large enterprises through various incentives that reduce regional disparities, especially in less-developed regions. Nevertheless, a huge majority of enterprises in the European Union are small- and medium-sized. Self-employed persons are considered a specific form of business. Their activity is strongly influenced by state policy. This paper analyzes the business environment in regions of the Slovak Republic. Its principal aim is to examine the development of regional disparities and the related quality of citizens’ lives. An evaluation of statistical data of the structure of the business environment in the Slovak Republic indicated a change in legal units in relation to business. Although the number of legal units are stable, the number of legal persons has increased and that of natural persons-entrepreneurs decreased. Deepening of regional disparities was not observed across regions of the Slovak Republic.

scholarly journals Barriers to the development of SMEs in the Slovak Republic

2017 ◽  
Vol 8 (2) ◽  
pp. 255 ◽  
Author(s):  
Eva Ivanová
Keyword(s):  
New Technologies ◽  
Slovak Republic ◽  
Small And Medium Enterprises ◽  
Value Added ◽  
Business Environment ◽  
Bank Loans ◽  
The European Union ◽  
Chi Square ◽  
External Sources ◽  
The Impact

Research background: SMEs make up an important segment of the economic system, not only in the national economy, but also throughout the EU, and their importance continues to grow. SMEs in Slovakia, according to the latest data of the European Commission, represent 99.9 per cent of all enterprises, constitute 70.7 per cent of jobs, and 61.2 per cent of value added in the economy. However, they are often confronted with market imperfections. SMEs frequently have difficulties in obtaining capital or credit, particularly in the early start-up phase. Their restricted resources may also reduce access to new technologies or innovation. Authors often deal with the impact of SME financing on their development. Madrid-Guijarro et al. (2016), Lee et al. (2015) claim that SMEs have difficulty in funding innovation and the worsening in general credit conditions has been more pronounced for non-innovative firms.Purpose of the article: The main objective of the conducted research was to analyze the conditions for the development of small and medium enterprises (the SMEs sector) in Slovak Republic, whereas the specific objectives were: (1) to determine the terms for gaining external sources of financing for the development of SMEs, (2) to examine the resources for innovation development in the SMEs sector, (3) to find out if SMEs are considered to be a competitive advantage.Methods: The research was conducted in the Slovak Republic in 2016. Participants were 193 Slovak companies that were classified as SMEs by the size class of employment. The research tool used for the study was the own questionnaire consisting of 38 questions and the demographics. The structure of the questionnaire allowed the authors to identify the group of questions concerning the most important conditions for the development of the examined sector referring to the business environment. The results were processed by chi-square method.Findings & Value added: On the basis of the conducted research of the sector of SMEs , it can be concluded that a large group of companies have difficult access to external sources of financing and this refers both to the access to the European Union funds, grants, bank loans and other instruments of the financial market. However, it occurs that: (1) in Slovakia, the smaller the enterprise, i.e. the fewer employees it hires, the easier the access to external sources of financing, (1) innovative projects are realized from company profits or a loan, (1) problems in Slovakia in accessing external funds due to the complexity of the process of approval of applications and documents and strict criteria for the assessment of financial capacity.

scholarly journals The Impact of Selected Factors on the Quality of Business Environment Assessment in the Czech Republic and the Slovak Republic

2018 ◽  
Vol 6 (2) ◽  
pp. 71-80 ◽  
Author(s):  
Anna Kotaskova ◽  
Zoltan Rozsa
Keyword(s):  
Human Capital ◽  
Czech Republic ◽  
Research And Development ◽  
Slovak Republic ◽  
Business Environment ◽  
Coefficient Of Determination ◽  
The Czech Republic ◽  
Technological Factors ◽  
The Impact

Abstract The paper’s aim is to examine the dependence of the quality of the business environment on defined technological factors (availability of human capital and research and development infrastructure) and to define and quantify significant technological factors that create the quality of the business environment in the SMEs segment. Part of its goal was the comparison of the defined factors between the Czech Republic (CR) and the Slovak Republic (SR). In connection with the stated research goal, a questionnaire survey was conducted among businesses operating in the SME segment. Through this research, 312 companies were surveyed in the Czech Republic and 329 companies in the Slovak Republic. To achieve the primary goal of the article, methods such as correlation analysis and multiple linear regression modelling (t-tests, F-ratio, adjusted coefficient of determination, and so on) were applied. The results of the research have brought interesting findings. Research and development infrastructure, as well as the availability of human capital are important factors that have a positive impact on the business environment in both countries.

scholarly journals Development of Small and Medium-Sized Enterprises on the Example of the Russian Federation and the Slovak Republic

2018 ◽  
pp. 85-89
Keyword(s):  
Russian Federation ◽  
Small Businesses ◽  
Statistical Data ◽  
Slovak Republic ◽  
Developed Countries ◽  
Existing Problems ◽  
The Russian Federation ◽  
The Impact

Small and medium-sized enterprises in the modern market economy play the role of one of the main sectors that determine the vector and rates of economic growth of the gross domestic product. All developed countries strongly support the small and medium-sized business sector, since the structure and quality of GDP directly depends on it. This article examines the impact of small and medium-sized businesses on the economy of the Russian Federation and the Slovak Republic. The article compares the analysis and identifies the necessary conditions for starting business in the countries under consideration. The authors provide statistical data on the structure of small and medium-sized businesses identifies problems that slow down the development of small businesses and suggests ways to solve existing problems in this sector of the economy.

scholarly journals NEW APPROACHES OF REGIONAL POLICY AS A SUPPORTING FACTOR OF THE SOCIOECONOMIC DEVELOPMENT OF THE REGION

2019 ◽  
Vol 7 ◽  
Author(s):  
Viktor Šoltés ◽  
Katarína Repková Štofková ◽  
Filip Lenko
Keyword(s):  
European Union ◽  
Socioeconomic Development ◽  
Regional Policy ◽  
Positive Impact ◽  
Slovak Republic ◽  
Regional Disparities ◽  
The European Union ◽  
Cohesion Policy ◽  
Public Authorities

Increasing economic growth and employment, as well as improving the quality of life of the population, is one of the priorities of each country. One of the options to achieve these goals is to balance regional disparities. In the current globalization process, balancing regional disparities is all the more important. The European Union, as one of the most important communities of states, seeks to reduce regional disparities within the Community through a cohesion policy. The Slovak Republic, as one of the member states of the European Union, seeks to support the least developed regions through incentives and grants. Because of this, it analyzes the situation in the regions, identifies the least developed regions and takes measures to support them. This article deals with the socio-economic analysis of the least developed regions and analyzes the measures that are taken to support them. The results of the article can be used by public authorities when planning other activities that are expected to have a positive impact on regional development.

scholarly journals REDUCING REGIONAL DISPARITIES IN THE IMPACT OF DEVELOPING CLUSTERS

2018 ◽  
pp. 40-49
Author(s):  
Dana Jašková
Keyword(s):  
Regional Development ◽  
Development Strategy ◽  
Slovak Republic ◽  
Regional Disparities ◽  
The European Union ◽  
Cross Sectional ◽  
Current Topic ◽  
The Development Strategy ◽  
The Impact

The issue of regional development aimed to reducing regional disparities is a current topic in the whole of the European Union. Socio-economic analysis of the region is starting activity in determining the development strategy of the region. In the analysis of regional development will use a variety of concepts and methods. Regional development concepts are always confronted with convergence or divergence. The main aim of this paper is to access the level of regional disparities in the Slovak Republic with a focus on the role of cluster in regional development. The analysis is carried out using the beta and sigma convergence of statistical data classified in the cross-sectional structure

scholarly journals THE IMPACT OF SELECTED FACTORS ON THE QUALITY OF BUSINESS ENVIRONMENT ASSESSMENT IN THE CZECH REPUBLIC AND THE SLOVAK REPUBLIC

2018 ◽  
Vol 6 (2) ◽  
Author(s):  
Anna Kotaskova ◽  
Zoltan Rozsa
Keyword(s):  
Human Capital ◽  
Czech Republic ◽  
Research And Development ◽  
Slovak Republic ◽  
Business Environment ◽  
Coefficient Of Determination ◽  
The Czech Republic ◽  
Technological Factors ◽  
The Impact

The paper’s aim is to examine the dependence of the quality of the business environment on defined technological factors (availability of human capital and research and development infrastructure) and to define and quantify significant technological factors that create the quality of the business environment in the SMEs segment. Part of its goal was the comparison of the defined factors between the Czech Republic (CR) and the Slovak Republic (SR). In connection with the stated research goal, a questionnaire survey was conducted among businesses operating in the SME segment. Through this research, 312 companies were surveyed in the Czech Republic and 329 companies in the Slovak Republic. To achieve the primary goal of the article, methods such as correlation analysis and multiple linear regression modelling (t-tests, F-ratio, adjusted coefficient of determination, and so on) were applied. The results of the research have brought interesting findings. Research and development infrastructure, as well as the availability of human capital are important factors that have a positive impact on the business environment in both countries.

ACCESSIBLE HOUSING AND HEALTH-RELATED QUALITY OF LIFE: MEASUREMENTS OF WELLBEING OUTCOMES FOLLOWING HOME MODIFICATIONS

2016 ◽  
Vol 10 (2) ◽  
pp. 38 ◽  
Author(s):  
Phillippa Carnemolla ◽  
Catherine Bridge
Keyword(s):  
Quality Of Life ◽  
Mixed Method ◽  
Exploratory Research ◽  
Health Related Quality ◽  
Care Giving ◽  
Home Modifications ◽  
Related Quality ◽  
Health Related ◽  
The Impact

The multi-dimensional relationship between housing and population health is now well recognised internationally, across both developing and developed nations. This paper examines a dimension within the housing and health relationship – accessibility – that to date has been considered difficult to measure. This paper reports on the mixed method results of larger mixed-method, exploratory study designed to measure the impact of home modifications on Health-Related Quality of Life, supported by qualitative data of recipients’ experiences of home modifications. Data was gathered from 157 Australian HACC clients, who had received home modifications. Measurements were taken for both before and after home modifications and reveal that home modifications were associated with an average 40% increase in Health-Related Quality of Life levels. The qualitative results revealed that participants positively associated home modifications across six effect themes: increased safety and confidence, improved mobility at home, increased independence, supported care-giving role, increased social participation, and ability to return home from hospital. This exploratory research gives an insight into the potential for accessible architecture to impact improvements in community health and wellbeing.

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