THE ROLE OF PUBLIC AID IN THE DEVELOPMENT OF SMALL AND MEDIUM ENTERPRISES
Keywords:
Small and medium-sized enterprises, public aidAbstract
This article presents the problems of supporting small and medium-sized enterprises. Small and medium enterprises meet a lot of useful functions in each market economy. Dynamic development of this sector has a considerable influence on the growth of the whole economy. Enabling this growth requires applying efficient instruments in economic policy as well as in certain regions policies. Nevertheless public aid directed to the small and medium-sized enterprises has to meet the law requirements and should characterize the suitable level of efficiency. So apart from showing the scale and level of support also the efficiency of support were shown.
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This article is an Open Access article distributed under the terms and conditions of the Creative Commons Attribution 4.0 (CC BY 4.0) License (http://creativecommons.org/licenses/by/4.0/).