Development Management of Innovation Businesses in Light of Slovak Enterprises


Ladislav Mura –Pan-European University, Faculty of Economics and Business, Tematínska 10, 851 05 Bratislava, Slovakia


7th International Scientific ERAZ Conference – ERAZ 2021 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,  Online/virtual, May 27, 2021

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; AMBIS University, Prague – Czech Republic; Faculty of Applied Management, Economics and Finance – Belgrade, Serbia

ERAZ Conference 2021 Conference Proceedings: ISBN 978-86-80194-46-2, ISSN 2683-5568, DOI:

Development management;


Abstract: Small and medium-sized enterprises represent the largest scale of private enterprises both on an international and national (Slovakia) scale. These are often the companies that launch new conceptual solutions and improve existing products or services. Start-ups have a strong drive and expand entrepreneurial activity through innovation. In the period of the COVID-19 pandemic, start-up initiatives have an even greater opportunity to emphasize their business activity, as they can conduct their activity on­line and are not strictly tied to specific locations unlike other types of SMEs. This paper is addressing the field of entrepreneurship, management and development of innovative businesses. The aim of this paper is to present the latest research results in the field of innovative and start-up businesses in Slovakia. The article reflects on the up-to-date theoretical background of the issue based on empirical research on innovative activity of the SME sec­tor with a special focus on start-ups.

ERAZ Conference

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License ( which permits non-commercial use, reproduction and distribution of the work without further permission. 

ERAZ Conference Open Access


Horehajova, M., Marasova, J. (2018). The Regional Innovation Policy: The Situation of Slova­kia. Modeling innovation sustainability and technologies: economic and policy perspec­tives. Springer Proceedings in Business and Economics, pp. 55-64

Hudakova, J. (2018). Startups support in Slovak republic. 21st International colloquium on re­gional sciences, pp. 149-154

Jaskova, D. (2018). The impact of cluster coverage on the SPI region index in Slovakia. AD AL­TA-Journal of interdisciplinary research, 8 (2), pp. 108-112

Kaszowska-Mojsa, J. (2020). Innovation strategies of manufacturing companies during expan­sions and slowdowns. Entrepreneurial Business and Economics Review, 8 (4), pp. 47-66.

Kohnova, L., Papula, J., Salajova, N. (2019). Innovation typology: comparative study on central European countries. 7th International Conference on Innovation Management, Entrepre­neurship and Sustainability (IMES). Proceedings of the 7th international conference inno­vation management, entrepreneurship and sustainability (IMES 2019), pp. 334-348

Koisova, E., Habanik, J., Virglerova, Z., Rozsa, Z. (2017). SMEs financing as an important factor of business environment in Slovak Republic Regions. Montenegrin Journal of Eco­nomics, 13(2), pp. 129-140.

Koraus, A., Haviernikova, K., Gombar, M., Cernak, F., Miroslav, F. (2020). Dimensions and their elements affecting the innovative activities of agricultural SMEs toward their sus­tainable development. Entrepreneurship and Sustainability Issues, 8(2), pp. 1142-1157.

Koraus, A., Kascakova, Z., Parova, V., Veselovska, S. (2017). Sustainable economic development through human resource management: Social intelligence of managers and performance. Journal of Security and Sustainability Issues, 6(3), pp. 457-477. jssi.2017.6.3(11)

Pirmatov, K., Horska, E., Pulatov, A. (2017). Innovations as key drivers for the growth. 7th International Scientific Conference on Managerial Trends in the Development of Enter­prises in Globalization Era (ICoM). Managerial trends in the development of enterprises in globalization era, pp. 883-887

Pomffyova, M., Kozarova, M. (2017). Innovative perspectives of business management. 20th An­nual International Conference on Enterprise and Competitive Environment, pp. 643-652

Prokopenko, O., Slatvinskyi, M., Bikoshkurska, N., Biloshkurskyi, M., Omelyanenko, V. (2019). Methodology of national investment and innovation security analytics. Problems and Per­spectives in Management, 17(1), pp. 380-394. 21511/ppm.17(1).2019.33

Prokopenko, O., Eremenko, Y., Omelyanenko, V. (2014). Role of international factor in innova­tion ecosystem formation. Economic Annals-XXI, 3-4, pp. 4-7

Srpová, J. et al. (2020). Začíname podnikat. Praha: Grada Publishing, 260 s. ISBN 978-80-271- 2253-0

Urbanikova, M., Stubnova, M., Papcunova, V., Hudakova, J. (2020). Analysis of Innovation Ac­tivities of Slovak Small and Medium-Sized Family Businesses. Administrative Sciences, 10 (4), Article Number 80.

Závadský, J., Malá, D., Benčiková, D., Sedliačiková, M., Šatanová, A. (2020). Behavioral ap­proach to quality: An empirical study in Slovak SMEs. Cogent Business and Management 7(1),1794678.