Abstract: The conference was hosted by The Institute of Technology and Business in České Budějovice, the Czech Republic on 5th November 2015. The Institute currently focuses on transferring research activities into the application sphere and deepening the cooperation with private sector. The conference focused on small and medium-sized enterprises (SMEs) and their contribution to a market economy. Professor Jan Váchal directed the morning section and introduced three key factors for SMEs, this year’s conference dealt with. He highlighted pro-growth and stabilizing function of SMEs as the main factor. Furthermore, SMEs play na important role in international exchange in global supply chains and in providing information and communication services. He indicated a kind of transformation of SMEs in relation to large multinational corporations, and their important role in the new integration and cooperation activities as another key topic. Representatives from the public sector and the first key-note speaker appeared in the first part. The afternoon part of the conference was chaired by Marek Vokoun.
Authors: Marek Vokoun