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The Complementary Currency as an Element of the Social Innovation in the Entrepreneurship

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  • Kubičková Viera
  • Bažó Ladislav
  • Staňo Roman

    (University of Economics in Bratislava, Faculty of Commerce, Department of Services and Tourism, Dolnozemská cesta 1, 852 35 Bratislava)

Abstract

The article presents the complementary currency systems as an element of the social innovation in the entrepreneurship. It offers solution for the present economic problems created by the influence of the economic crisis. The important factors are high unemployment rate and exclusion of the marginalized social groups. The evaluation of the complementary currency systems and confrontation with the empirical studies of foreign and domestic authors presents the knowledge that the local currency systems especially in the time of economic crisis have an important contribution for all interested groups - entrepreneurship sector, public sector and private sector in the local economy.

Suggested Citation

  • Kubičková Viera & Bažó Ladislav & Staňo Roman, 2012. "The Complementary Currency as an Element of the Social Innovation in the Entrepreneurship," Studia Commercialia Bratislavensia, Sciendo, vol. 5(20), pages 597-606, December.
    • Handle: RePEc:vrs:stcomb:v:5:y:2012:i:20:p:597-606:n:4
    DOI: 10.2478/v10151-012-0013-8
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