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Investment stimuli in the Slovak Republic

Author

Listed:
  • Daniela Petrikova
  • Tatiana Sorokova

Abstract

The aim of this paper is to discern the specifics of the Slovak economy in the provision of investment stimuli. In the Slovak economy, providing investment stimuli as a tool to promote economic development was applied especially in the first half of the last decade. Aim of the research was accentuated under the dominance of positive and negative elements investment incentives. In addressing the issue where used theoretical background of selected authors. Used were mainly descriptive and comparative methods of scientific research work.Providing investment stimuli has its own genesis, it is therefore possible to monitor their impact on the Slovak economy both in positive and in negative direction. Investment stimuli were supported primarily to large foreign businesses. Supporting their establishment in the various regions of Slovakia were created not only jobs, but have also been established domestic network contracted as small and medium-sized enterprises, which subsequently multiplied positive processes in the economy. This issue therefore has its own place in the process of preparing entrepreneurs for starting new business.

Suggested Citation

  • Daniela Petrikova & Tatiana Sorokova, 2014. "Investment stimuli in the Slovak Republic," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 14(4), pages 152-159, November.
    • Handle: RePEc:pdc:jrpieb:v:14:y:2014:i:4:p:152-159
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    References listed on IDEAS

    as
    1. Barro, Robert J, 1990. "Government Spending in a Simple Model of Endogenous Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
    2. Robert J. Barro & Charles J. Redlick, 2011. "Macroeconomic Effects From Government Purchases and Taxes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(1), pages 51-102.
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