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Author(s): Mária Kecskés Mráziková, Emília Svitová

Title: The development of small and medium-sized enterprises in Nitra Region

Source: International Scientific Days 2016. The Agri-Food Value Chain: Challenges for Natural Resources Management and Society

Document Type: Scientific paper

ISBN: 978-80-552-1503-7


Publisher: Slovak University of Agriculture in Nitra

PY, pages: 2016, 1043-1049

Published on-line: 2016-06-24

Language: eng

Abstract: Small and medium-sized enterprises have had a dominant position in most economies in the world and constitute the most important part of them. According to the European Commission, 98 % of the companies are small and medium-sized and provide jobs to 90 % of the employed population. Small and medium-sized businesses have become very popular among the majority of entrepreneurs for a number of reasons. The main advantage of this type of business is flexibility and fast, flexible reaction to market demands. Micro, small and medium-sized enterprises have the ability to operate very dynamically and flexibly, and to specialize in their fields. In most cases, these companies have a very simple and transparent organizational structure, and they are managed by the entrepreneurs themselves. On the other hand, we cannot ignore the negatives that are associated with small and medium-sized enterprises. They often face the lack of capital, which can lead to other problems, such as limited access to foreign markets, low possibility of obtaining and maintaining highly specialized staff, etc. The major objective of this paper is to assess the level of small and medium-sized enterprises in Nitra Region, with emphasis on specifications, types and locations of SMEs.

Keywords: undertakings of small and medium-sized enterprises, microenterprises, business conditions, entrepreneur, employment

JEL Classification: M130, M000, M190

Rights: Open Access :: Creative Commons Attribution 4.0 Licence
Creative Commons License
Toto dielo je publikované pod/This work is licensed under a Creative Commons Attribution 4.0 International License.