Is Higher Competitiveness Possible by Subsidizing Entrepreneurs? The Case of Slovakia

• Autorzy: Jaroslav Dad'o , Ivan Sedliačik
• Języki publikacji: EN

Abstrakty

EN

This article deals with the competitiveness of allocating resources in a free market economy that is in contrast to bureaucratic allocation in the form of subsidies to entrepreneurs. We reviewed these two processes and made an evaluation of the results. By applying Ludwig von Mises' theorem of economic calculation, it was demonstrated that governments rely on the subsidized entrepreneur's market and believe it to be more competitive than classical market entities that are more successful in resources allocation based on free enterprise. (original abstract)

Słowa kluczowe

EN

Enterprise competitiveness; Resource allocation; Subsidies; Entrepreneurship

PL

Konkurencyjność przedsiębiorstwa; Alokacja zasobów; Subwencje; Przedsiębiorczość

• Czasopismo: Forum Scientiae Oeconomia
• Rocznik: 2015
• Tom: 3
• Numer: nr 4 Strategic Management
• Strony: 5--16

Twórcy

autor

Jaroslav Dad'o

• Matej Bel University, Banská Bystrica, Slovakia

autor

Ivan Sedliačik

• Matej Bel University, Banská Bystrica, Slovakia

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