TY - GEN

T1 - STARTUPS IMPORTANCE FOR THE SUCCESSFUL DEVELOPMENT OF THE SLOVAK ECONOMY

AU - Gregova, Elena

AU - Dengov, Victor V.

N1 - Conference code: 16

PY - 2016

Y1 - 2016

N2 - Development of small and medium-sized enterprises has been located in the sphere of professional and scientific interests of the author already for a long time. Prospects for successful development of small businesses largely depend on their ability to create quickly awareness about their work and to become therefore the global players. These are mainly young innovative companies, which are an important factor for the development of a market economy. Startups as rapidly growing young companies with high innovation potential represent a long-term trend abroad, when after their establishment they must quickly think about international, global business environment. In Slovakia they present the segment only in its beginning, and therefore they begin to receive more attention from the state and investors. Support has not only to help new entrepreneurs to start a business model, to overcome the difficult period for the first few months, but also to maintain obtaining partners for financing. Company bringing innovative and new ideas that will stand out from the current business environment to the nature of the product, thus quickly be able to establish the international environment. The paper generalized practically all the available material for researched topic. Based on the analysis, the authors came to the conclusion that the development of startups will have an important role for the development of the Slovak economy and its economic recovery now and in the near future.

AB - Development of small and medium-sized enterprises has been located in the sphere of professional and scientific interests of the author already for a long time. Prospects for successful development of small businesses largely depend on their ability to create quickly awareness about their work and to become therefore the global players. These are mainly young innovative companies, which are an important factor for the development of a market economy. Startups as rapidly growing young companies with high innovation potential represent a long-term trend abroad, when after their establishment they must quickly think about international, global business environment. In Slovakia they present the segment only in its beginning, and therefore they begin to receive more attention from the state and investors. Support has not only to help new entrepreneurs to start a business model, to overcome the difficult period for the first few months, but also to maintain obtaining partners for financing. Company bringing innovative and new ideas that will stand out from the current business environment to the nature of the product, thus quickly be able to establish the international environment. The paper generalized practically all the available material for researched topic. Based on the analysis, the authors came to the conclusion that the development of startups will have an important role for the development of the Slovak economy and its economic recovery now and in the near future.

KW - startups; globalization; innovation; support; investors

M3 - Conference contribution

SN - 978-80-8154-191-9

VL - I-V

SP - 505

EP - 514

BT - GLOBALIZATION AND ITS SOCIO-ECONOMIC CONSEQUENCES, 16TH INTERNATIONAL SCIENTIFIC CONFERENCE PROCEEDINGS

A2 - Kliestik, Tomas

PB - EDIS-Zilina University publisher

CY - SLOVAKIA

T2 - 16th International Scientific Conference on Globalization and its Socio-Economic Consequences

Y2 - 5 October 2016 through 6 October 2016

ER -