Economic Crisis and Its Impact on SMEs: the Case of Visegrad Group Countries

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Published Sep 20, 2017

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Michal Tvrdoń
Silesian University, School of Business Administration in Karvina, Karvina. Czech Republic
Werner Bernatík
Silesian University, School of Business Administration in Karvina, Karvina. Czech Republic

Abstract

The paper is focused on small and medium-sized entrepreneurship (SME) and its position within the European economy, especially Visegrad group countries. The Visegrad group economies are highly export-oriented and SMEs have a significant share of total exports. In the introduction of the paper authors present the importance of SMEs and entrepreneurship within the EU economies and the basic structure of SMEs. The second part of the paper contains an analysis of the development of the SME in the Visegrad group countries. As SMEs existence seems to be significant driven force for exports, there is also mentioned the contemporary economic crisis and its potential impact on SMEs.

Article Details

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No 1-2 (2010): Journal of Women's Entrepreneurship and Education
Section
Articles
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References

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