Subsidies of the European Union funds as a tool to enhance competitiveness of companies in the Czech Republic

Authors

SEDLÁČEK Milan

Year of publication 2013
Type Article in Periodical
Magazine / Source The Business Review, Cambridge
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Management and administrative
Keywords subsidies; competitiveness; European Union
Description The article focuses on analysis of drawing subsidies from the European Union funds by companies of the manufacturing industry in the Czech Republic. Moreover, on the basis of the data obtained through primary research, a comparison of the way companies with above-average and substandard rate of competitiveness utilise the subsidies has been carried out. The conclusions thus give evidence not only about the utilisation of the subsidies as a tool to enhance competitiveness of a company, but also about different attitudes towards such method of financing, depending on the success rate of a company.
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