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38

Physical infrastructure

x

The access to physical infrastructure provides a

stable and positive support

for entrepreneurship

, both in absolute terms as well as from a comparative

perspective.

x

Entrepreneurial activity is supported both by the speed of access to and

affordability of communications, utilities and related services.

x

The only comparatively less favorable area is the support of new and growing

firms by physical infrastructure that may be caused by insufficient quality of

infrastructure, mainly transportation, in certain regions of Slovakia.

Cultural and social norms

x

According to experts, cultural and social norms provide insufficient

support

for the creation of a favorable entrepreneurial environment

. In

addition to a negative absolute rating, Slovakia also lags in international

comparison.

x

In particular, the support of individual success, emphasis on self-sufficiency,

autonomy and personal initiative, encouragement of entrepreneurial risk-

taking, creativity, innovativeness and individual responsibility in managing

one's own life can all be considered inadequate from the entrepreneurship

support perspective.

x

Since cultural and social norms in Slovakia negatively influence individual

preferences as well as societal attitudes towards entrepreneurship, they present

more of a hurdle than support for entrepreneurial activity.