No capital, high debt repayments, too few orders, low demand, a poorly qualified workforce or simply inadequate infrastructure? Which of these factors could possibly be causing the pessimism of small and medium business owners in Poland? The answer? None of them. The greatest hindrance to business development is bureaucracy and an erratic legal system
By Sergiusz Prokurat
Entrepreneurship is considered to be one of the main factors that promotes financial growth and economic competition. Some economists describe it as the fourth factor of production besides labor, capital and land. It’s hard to disagree with the hypothesis of renowned Austrian economist Joseph Schumpeter, …read more
Source: Warsaw Business Journal
