Family businesses began to emerge in Slovakia after the change of social establishment in 1989, and since then they represent a significant group of business entities with a significant contribution to the economy, and have significant growth potential. Innovations have become a driving force for the future opportunities of these companies. Based on empirical research, this paper aims to identify the innovation activities of small and medium-sized family businesses in Slovakia and to determine their impact on the company’s economic results. We can state that out of small and medium-sized family businesses included in the survey, 76.5% have implemented innovations in the last five years. We use statistical tests to verify the research hypotheses. We can state that there is a statistically significant relationship between the size of the company and the number of types of introduced innovations, as well as between the generation running the company and the number of types of introduced innovations. Second-generation family businesses can, therefore, be considered more innovative than first-generation family businesses. We investigate the impact of the COVID-19 coronavirus pandemic on innovation activities in these companies. It is interesting that in 30.6% of family businesses the COVID-19 coronavirus pandemic positively affected their innovation activities.
A municipality’s budget is a tool that significantly affects the long-term economic potential of the area. In addition, it is an important tool for the management of the municipality, in relation to the effective provision of public services for inhabitants. To ensure them, it uses the revenues that the local self-government receives from various sources. The aim of the paper is to characterize and to compare the mechanism of creating revenues of the local self-government in the Slovak and Czech Republic and, at the same time, to analyze the relationships between individual groups of local revenues in the time period 2009–2018. We analyzed the basic groups of municipal revenues: total revenues, current revenues, and capital revenues. For the analysis, we used selected mathematical–statistical methods (trend lines, correlation coefficient). Although both countries were part of one country, both have a dual model of public administration and have undergone fiscal decentralization; the structure and sources of local self-government revenues are different. However, a common attribute is the dependence of local self-government on state revenues. Tax revenues are the most important part of current budget revenues. Despite fiscal decentralization, local budget revenues are dependent on the state. In the Slovak Republic, share taxes from the state represent 74% of the total tax revenues of municipalities, and in the Czech Republic, 85% of the total tax revenues of municipalities.
Globalization of the world economy and the entrance of the information society have a significant impact on the development of business activities of individual firms. Since centralization and outsourcing of business services is a globally growing trend, this industry has enormous potential. Business Service Centres (BSCs) are considered to be a model in the European Union that leads to improved performance and results achieved by the company. Within the framework of EU free trade, up to 70% of European centres state that standardization and process transformation is the first corner in deciding to set up the BSC. The aim of the article is to analyse the market of business service centres in the Slovak Republic and their impact on employment within the EU. The competitive advantage of Slovakia lies above all in economic and political stability, geographic location, skilled workforce and European currency. Thanks to positive business experiences in Slovakia, most investors remain and large numbers of them are expanding their activities, despite the rising cost of work. Based on the use of quantitative methods, we analyse secondary data on business service centres. Higher education graduates are often the main source of workforce for business service centres.
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