ASSESSMENT OF THE SMALL BUSINESS ACT'S IMPLEMENTATION IN SMALL AND MEDIUM ENTERPRISES IN SLOVAKIA

Implementing Small Business Act for Europe (SBA) represents the key appeal for the European Union and its member countries within the support of small and medium entrepreneurial activity. Small Business Act for Europe consists of a set of ten principles that lay down the measures for the support of small and medium (SME) in varied fields. These principles have to be respected when suggesting the measures of complex character aimed at the support of small and medium enterprises development in the EU member countries. The aim of the paper is to assess the state in implementing the SBA's initiative in small and medium enterprises in Slovakia, to identify the policy areas (principles) in which main strengths and weaknesses in implementing the SBA's initiative is evident and to list specific factors (programmes, measures, initiatives, acts) which affected the state in concrete principles. Following the aim of the paper a set of research questions will be formulated. To fulfil the settled aim several scientific methods of examination, namely the method of analysis, synthesis, induction and deduction will be used.