Ladislav Mura – Pan-European University in Bratislava, Faculty of Economics and Business, Tematínska 10, 851 05 Bratislava, Slovak Republic




6th International Scientific-Business Conference – LIMEN 2020 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – SELECTED PAPERS, Online/virtual, November 26, 2020, published by the Association of Economists and Managers of the Balkans, Belgrade; Printed by: SKRIPTA International, Belgrade, ISBN 978-86-80194-40-0, ISSN 2683-6149, DOI:



An essential part of the corporate sector is formed by small and highly innovative enterprises, the start-ups. They introduce highly innovative activities, new solutions, integrate research results into their activities, as well as apply new technologies in their everyday practice. Start-ups are increasingly popular in different sectors of the national economy since they are a vital part of the entrepreneurial environment. The entrepreneurial activity of start-ups focuses on highly innovative products or services with high added value for the target customer. The main goal of the current paper is to target the innovative activity of Slovak start-ups. The paper presents partial results of the research conducted by targeting Slovak start-ups. The research results conclude that innovative start-ups are the driving force of the entrepreneurial sector. The innovative activities of these businesses rank them among the highly competitive and successful players on the market, even in a challenging business environment.



Enterprises, Business activities, Innovations, Start-up.



Agarwal, M., Agarwal, A., Agarwal, Y., Agarwal, S. 2018. Enterprising entrepreneurship & start-ups: Models for growth and financing of micro, small & medium enterprises (MSMEs) in times of recession. Finance India 32(4), pp. 1125-1208
Amorós, J.E., Cristi, O., Naudé, W. 2020. Entrepreneurship and subjective well-being: Does the motivation to start-up a firm matter? Journal of Business Research (Article in Press)
Bednar, R., Tariskova, N., Zagorsek, B. 2018. Startup Revenue Model Failures. Montenegrin Journal of Economics 14 (4), 141-157
Bosáková, L., Kubák, M., Andrejkovič, M., Hajduová, Z. 2013. Doing business abroad: utility function model for country selection in preliminary screening phase. Central European Journal of Operations Research, 23 (1), 53-68
Chang, Y.S., Kim, J.H., Kim, Y.S. 2020. Convergence analysis of the entrepreneurship start-up barriers. International Journal of Management and Enterprise Development 19(1), pp. 21-41.
Estay, C., Durrieu, F., Akhter, M. 2013. Entrepreneurship: From motivation to start-up. Journal of International Entrepreneurship 11(3), pp. 243-267.
Millán, A., Millán, J.M., Román, C. 2016. The role of start-up incentives on entrepreneurship dynamics in a post-crisis era: Evidence from European countries. CESifo DICE Report 14(3), pp. 29-35
Milosovicova, P., Trel’ova, S. 2018. A New Type of Business in Slovakia. Innovation management and education excellence through Vision 2020, Vols I -XI, 31st International-Business-Information-Management-Association Conference, 3092-3098
Passaro, R., Quinto, I., Thomas, A. 2020. Supporting entrepreneurship policy: An overview of Italian start-up competitions. International Journal of Entrepreneurship and Innovation Management 24(1), pp. 1-30.
Pitekova, J., Vrablikova, M. 2019. Benchmarking of Slovak regions in terms of start-up implementation indicators and creative potential indicators. Marketing and management of innovations, 4, 50-68.
Slavik, S., Srovnalikova, P., Navickas, V., Girchenko, T. 2020. Human dimension of start-up. Financial and credit activity-problems of theory and practice, 3 (34), 392-401

Vnoučková, L. 2018. Criteria of innovativeness and creativity in start-ups and innovative entrepreneurship. Quality Innovation Prosperity 22(1), pp. 27-43.


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