Development Management of Innovation Businesses in Light of Slovak Enterprises
Development Management of Innovation Businesses in Light of Slovak Enterprises

Author(s): Ladislav Mura
Subject(s): National Economy, Business Economy / Management
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Innovations; Business; Development management; Start-ups
Summary/Abstract: Small and medium-sized enterprises represent the largest scale of private enterprises both on an international and national (Slovakia) scale. These are often the companies that launch new conceptual solutions and improve existing products or services. Start-ups have a strong drive and expand entrepreneurial activity through innovation. In the period of the COVID-19 pandemic, start-up initiatives have an even greater opportunity to emphasize their business activity, as they can conduct their activity online and are not strictly tied to specific locations unlike other types of SMEs. This paper is addressing the field of entrepreneurship, management and development of innovative businesses. The aim of this paper is to present the latest research results in the field of innovative and start-up businesses in Slovakia. The article reflects on the up-to-date theoretical background of the issue based on empirical research on innovative activity of the SME sector with a special focus on start-ups.

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