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37

these three areas, the university education system is the most deficient in

entrepreneurial preparation.

R&D transfer

x

R&D transfer belongs to the

worst-rated entrepreneurial framework

conditions

in Slovakia and lags significantly also in comparison with other

countries.

x

Problematic areas include support of transfer of knowledge and

commercialization of ideas developed by research institutions, as well as

support of latest technology availability for new and growing businesses, and

targeted support of specific areas leading to the creation of high growth world-

class ventures.

x

The consistently unfavorable rating in both years confirms the conclusion that

the current state is negative and there is a need for radical improvements in

order to make R&D transfer sufficiently support entrepreneurship in Slovakia.

Commercial services and infrastructure

x

Commercial services and infrastructure belong to areas of entrepreneurial

environment that provides

good support for entrepreneurial

activity

,

even when compared with other countries.

x

The number of subcontractors, suppliers and consultants in Slovakia is

sufficient, and their affordability has improved compared to last year.

x

On the other hand, ease of access to good subcontractors, suppliers and

consultants, as well as to good legal, accounting and banking services, has been

rated lower. Should this trend continue, it could negatively affect the currently

favorable situation.

Market openness and dynamism

x

From the point of view of support for entrepreneurial activity, the current state

of market restrictions (or market openness) can be considered

favorable,

with a positive trend

compared to the previous year.

x

Current situation is favorable in the areas of ease and affordability of market

entry for new firms, as well as in preventing unfair blocking of market entry by

established firms and anti-trust legislation enforcement.

x

On the other hand,

the dynamics of changes

on consumer and business-to-

business markets does not provide a sufficient impulse to support

entrepreneurial activity. Moreover, the level of dynamics has slightly decreased

compared to last year.