Stefan Slavik

University of Economics in Bratislava · Department of Management

Scaleup is the development phase of a start-up that has solved its initial problems and is facing the challenge of achieving significant business rise and growth. However, it is still a small company whose growth is not easy. The goal of the research is to deepen and expand knowledge about the circumstances and factors that accelerate and/or slow d...

New technology-based firms (NTBFs) invent, develop, and commercialize original technologies whose research, development, and commercial success is highly uncertain and risky. Their growth is lengthy and often insufficient, but investors’ growth expectations are high. The study aims to determine factors and circumstances that affect the growth of ne...

Currently, innovations introduced in companies that are exposed to a complex business environment are a hot topic of discussion. Their growth and sustainability are intrinsically linked to innovation processes. In order for enterprises to move forward, this very issue with its emphasis on strategic sustainability in such enterprises represents, in...

SMEs (Small Medium Enterprises) play a key role in the economic and social life of the country. Existing studies mostly use proxy performance indicators and relatively general determinants of performance of SMEs. The goal of the research is to contribute to the deepening and expansion of knowledge about the determinants of performance and growth of...

There are quite a lot of opinions and little knowledge about the strategies of start-ups. The notions on this topic are inconsistent and with little agreement. Hypothetical works predominate and, although logically consistent, there is no empirical research that would provide verified scientific knowledge. Business strategies of start-ups should be...

A start-up is an attractive business phenomenon that raises great expectations among founders and investors. The fulfillment of expectations is conditioned by the growth of business performance. The factors that influence the performance and growth of a start-up are mostly hypothetical, they are logically consistent, but there is a lack of quantita...

The purpose of this article is to assess the resources of start-ups in terms of their usefulness, rarity, resistance to imitation, and quality, and thus understand the internal assumptions of start-ups for successful business making. A modified VRIO analytical method was used to evaluate the attributes of the resources. The research sample containe...

A start-up is a relatively new and attractive entrepreneurial form that is being explored in a broader national economy and industry context. However, there is little knowledge about its strategy, which is mainly represented by the business development strategy. The main goal of the research is to deepen and expand knowledge about the strategic bac...

The aim of the research is an in-depth and detailed knowledge of the start-up business model, which is structured according to Canvas visualization. The research sample contains 106 start-ups operating in Slovakia. Each start-up was researched by a member of the research team, who personally recorded the statements of the founder. The research resu...

This paper studies the drivers of company spending on research and development from a competition perspective. We study whether there is a mechanism that leads companies to spend on research and development. We proposed a model describing company spending on research and development explained by competitive forces. Our research helps to understand...

Start-up is an emerging micro-enterprise that has different characteristics to a larger and mature enterprise. Its viability depends mainly on a functioning business model. The purpose of the research study is to identify the basic types of business model regardless of the specific industry, and thus to penetrate deeper into the more general cognit...

Start-up is a modern entrepreneurship form designed to realize original business ideas, mostly based on new technologies and the Internet. It evolves in the development cycle, which is determined by the business idea development cycle and the financing cycle. The purpose of the paper is to describe and analyse the business idea. The business idea i...

A start-up already at its origin has to solve the crucial existential condition that is a viable business model. The purpose of the research is to deepen and expand the knowledge about the structure of the start-up business model and its impact on entrepreneurial performance. Field research was carried out in three stages over one and a half years....

Start-ups are an attractive topic for research because they are a relatively new and very dynamic business form. They carry out original business ideas, provide a space for self-realization of independent personalities, bring extra earnings, but most of them fail. The aim of the research was to examine whether the business model and start-up team l...

Start-up is a relatively new entrepreneurial form that is characterized by very small size, incompleteness, youth and rapid development in often not clearly arranged business environments. These attributes distinguish start-up from a standard enterprise, so it can be assumed that its strategy will differ from standard typologies of business strateg...

Start-ups are an appealing business form that gives space for self-realisation to enthusiastic, brave and creative people. The start-up progress is conditioned by the development of the business model. Other conditions for start-up viability include monetisation of business effort, effective leadership and teamwork, business strategy and external b...

Business model and business strategy fundamentally determines the existence and performance of a company. Despite the numerous research on business models and business strategies dealing with each topic separately, the research of their relationship is almost absent and therefore insufficient. In this paper, we present the results of our research o...

Business model and business strategy fundamentally characterize and predetermine the essence of a company and its action. Research has already brought a fairly extensive knowledge of the model and strategy too. There is also emerging evidence that describes the relationship between model and strategy, but it is not verified by empirical research. T...

A business model and a business strategy are the basic conditions of a company existence. A business model describes and explains how a company works and makes money. A business strategy describes and explains how, where and for what purpose and goal a business model will be used. The research seeks to ascertain whether there is any measurable rela...

The business model is a conceptual image of the operational part of the company. Methods of visualization are used for its formal description. The actual models are arranged into a typological concept that creates the prerequisites for the evaluation and examination of their potential for innovation. The innovation space of the business models has...

The term business model has been used in practice for few years, but companies create, define and innovate their models subconsciously from the start of business. Our paper is aimed to clear the theory about business model, hence definition and all the components that form each business. In the second part, we create an analytical tool and analyze...

Monografia predstavuje výsledky niekoľkoročného výskumu, ktorý sa zaoberal štúdiom podnikateľských modelov v postindustriálnej ére podnikania. Hoci každý podnik funguje podľa nejakého podnikateľského modelu, až v postmodernej dobe vystúpila do popredia potreba tieto modely explicitne definovať, zobrazovať, klasifikovať, analyzovať, inovovať a pozná...

Companies´ behaviors are an external manifestation of their strategies and goals. A business strategy in explicit description has been used to describe a strategy by a set of externally observable parameters. Companies´ behaviors have been described through an extensive survey. Special attention was given to the impact of the economic crisis on mic...

Strategic planning went pass theory and practice with inconsistent development, but it found a strong place in the theory, the practice and business environment. It became a natural part of business management. However there are permanently emerging questions considering its development. The most important issues in contemporary time are a rate of...

Conventional approach to a research of competitive advantage deals with internal analysis of an enterprise. Reconceiving a firm's internal potential into a real competitive advantage is. determined by favourable external conditions too. Submitted paper searchs and evaluates dynamism and complexity of business environment in Slovakia as a principal...

A Slovak contemporary business environment mainly enables an uprise of a short range sustainable competitive advantage. Bigger chances to acquire a competitive advantage have small firms, therefore they could respond to quickly changing and developing environments. The Slovak companies are unable to create total competitive advantage to succeed in...

During the last fifteen years there is a visibly profound publication boom related to the topic of leadership in scientific journals. It seems that the traditional tasks of a manager are limited, and they do not satisfy modern needs. Calling for leaders does not appear only at the top management level (where leadership is automatically expected), b...

Managing change is getting to the focus od managerial job. In contemporary enterprise a change is a part of daily working program rather than sustaining a status quo. Capability of observing and accomplishing the attractive changes is unnecessary condition for survival and success in business. Change management dealt with multidimensional and multi...