Open Access Article SciPap-926
Impact of Institutional Enviroment on the Existence of Fast-Growing Business in Time of Economic Disturbances
by Katarína Valenteová 1,*, Miroslava Čukanová 2, Dušan Steinhauser 3 and Ján Sidor 4

1 The Faculty of Commerce, Department of Services and Tourism, University of Economics in Bratislava, Dolnozemska cesta 1, Bratislava 5 852 35, Slovakia

2 The Faculty of Commerce, Department of Services and Tourism, University of Economics in Bratislava, Dolnozemska cesta 1, Bratislava 5 852 35, Slovakia

3 Faculty of Commerce, Department of International Trade, University of Economics in Bratislava, Dolnozemska cesta 1, Bratislava 5 852 35, Slovakia

4 The Faculty of Commerce, University of Economics in Bratislava, Dolnozemska cesta 1, Bratislava 5 852 35, Slovakia

* Authors to whom correspondence should be addressed.

Abstract: As a result of the economic crisis is the restoration of economic growth and job creation one of the main aim of economic policy. Economic growth and employment can be achieved throw the creations of conditions for increasing business competitiveness. We assume that there is a positive relationship between economic freedom, innovation, and the share of high-growing enterprises in the total number of enterprises. In this paper, we used a pair linear regression analysis between variables in which our assumptions are verified.

Keywords: Innovation, Institutional Environment, High-Growing Enterprises, Small And Medium-Sized Enterprises

JEL classification:   L25 - Firm Performance: Size, Diversification, and Scope,   L50 - General,   O44 - Environment and Growth

SciPap 2018, 26(2), 926

Received: 11 May 2017 / Accepted: 27 June 2018 / Published: 23 August 2018