Globalization tendencies in the Czech SME'S - Historical Approach (1997-2004)

Abstract

The main purpose of this paper is to present historical development of SME’s in the Czech Republic between years 1997-2004. It covers sections about changing strategy approach to prepare SME’s to EU entry and nearly two years in the European Union. The Czech economy made big changes especially in SME field, because before year 1989 in the state managed economy were used only big companies forms. SME’s sector in Czech Republic is now a dynamic growing phenomenon, which has influence on regional labour market, foreign trade and investment possibilities. It is the purpose of making year-to-year research, which has as a main goal to map changes in a SME structure, adaptability and influence of changing factors in our business environment. Research section presents a part of final doctoral thesis about finding main factors, which make impulses to change strategy to be innovative and on the way to knowledge society after the EU accession. As a conclusion is SME suggested to use some development strategies or support cooperation way to be more adaptable on wide European market. Reason is - SME’s have to change their point of view – to think European not only local market orientation. It is the way to continue their business by the innovative direction. Paper covers not only historical data, but also some experience with SME preparation process on strategy changes in time of globalization from management point of view.integration, globalization, innovation tendencies, SME