COMPARISON OF THE QUALITY OF THE BUSINESS ENVIRONMENT IN THE SLOVAK REPUBLIC AND POLAND
COMPARISON OF THE QUALITY OF THE BUSINESS ENVIRONMENT IN THE SLOVAK REPUBLIC AND POLAND

Summary/Abstract: The enterprises belonging to the SME sector are characterized by flexibility, dynamic approach to the economic environment, they respond quickly to the changing needs and preferences of potential customers and adapt to them. In this way, they significantly contribute to increasing efficiency of the functioning of the entire economy and constitute an important part of the regional development.The SME sector, as the key one for the world economy, encounters, however, many barriers to development on the business envienvironment, such as, including legal regulations, restrictive labor laws, amount of tax, limited access to sources of financing, low innovative performance and other. The propose of this atricle is examine, analyses and assess the current situation and trends related to the development of entrepreneurial environment in Poland and Slovak Republic in light of the macroeconomic environment development in both countries. The conditions for the development of the SME sector on the basic of the empirical research refers to the identification of the conditions of the business environment and its impact on small and medium enterprises conducting their activity in Poland and in the Slovak Republic. Analysis of the results of empirical research indicated the multidimensionality of the discussed problem and the great similarity in the barriers to the development of the SME sector. The main method used in the research was the questionnaire survey method and the method of comparison of the results obtained.

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