Threats and opportunities for SMEs of joining the single European market : the Czech Republic country report

Abstract

Our conclusions are of importance for economic policy-making. We affirm that the development in transition may depend on how privatisation has been initiated and later conducted.

Adjustments may be difficult, as many firms still rely on state interventions and lobbying rather than on own efforts. That was partially confirmed by the results of the survey explained above and by the Czech history of privatisation (Mejstrik,1997, Benacek, 2001).