Support of Business Environment
- Credits: 6
- Ending: Examination
- Range: 2P + 2C
- Semester: winter
- Year: 3
- Faculty of Economics and Finance
Teachers
Included in study programs
Teaching results
By completing the course, the student will gain:
- Knowledge of basic ways of developing the business environment
- Knowledge of how to support the business environment, an overview of existing tools and their advantages and disadvantages
- Knowledge of the specifics of support for selected business groups (foreign investment, small and medium-sized enterprises, innovative enterprises)
- Practical skills in team work, division of tasks in the team
- Better presentation skills and negotiation skills
- Basic managerial competencies in what situation which support tools to use
- Competences for development management through business support
Indicative content
The course aims to teach students to understand the support of the business environment and entrepreneurship at the national and regional level. It deals with the practical aspects of business support from the state, regional and local governments, especially the support of FDI, SMEs or the creation of regional support schemes. Basic topics of the course:
Course contents:
1. - Introduction to the business environment, Possibilities of measuring the quality of the business environment
2. - Foreign direct investment as an exogenous development tool, types and of foreign direct investment, advantages and disadvantages of FDI as a development tool
3. - National and regional determinants of FDI inflow
4. - practical steps in obtaining FDI - strategy for FDI inflow, negotiations with investors, management of investor´s arrival
5. - Institutional business support - business incubators
6. - Institutional business support - industrial and science and technology parks
7. - Non-repayable financial forms of business support - subsidy schemes
8. - Repayable financial forms of business support - guarantee and loan schemes,
9. - Venture capital in business development in the region
10. - Legislative instruments of business support, soft instruments of business support
11. - Creating a strategy for the development of the business environment, Ways of selecting priorities for creating a strategy,
12. - Evaluation and implementation of a strategy for the development of the business environment
Support literature
ŠIPIKAL M., SZITÁSIOVÁ V.: Regionálne podnikateľské prostredie, Bratislava : Vydavateľstvo EKONÓM, 2012. ISBN 978-80-225-3433-8
UNCTAD: World Investment Report 2003 – FDI Policies for Development: National and International Perspectives. New York a Geneva: UN 2003
OECD: Business advice for entrepreneurship and small firms. 2021
SBA: Sprievodca iniciatívami na podporu MSP, Bratislava 2019
ŠIPIKAL, Miroslav; BUČEK, Milan. The role of FDIs in regional innovation: Evidence from the automotive industry in Western Slovakia. Regional Science Policy & Practice, 2013, 5.4: 475-490.
www.nffond.sk, www.szrb.sk
Requirements to complete the course
100% of the evaluation consists of the submission and presentation of four assignments focused on individual aspects of supporting the business environment.
Student workload
Total 156 hours (participation in lectures 26 hours, participation in seminars 26 hours, preparation for each of the 4 outputs after 26 hours)
Language whose command is required to complete the course
Slovak, English
Date of approval: 10.02.2023
Date of the latest change: 18.02.2022