Institutional support for small business in Poland - lessons for Central and East European countries
The development of a strong and dynamic private sector capable of meeting the challenge of the market economy and taking over and operating the productive capacity of the Central and East European countries is a key element in the reform process. The liberalization in the Polish economy has led to many new entrepreneurs establishing their own firms, while those already in business have now better prospects for expansion. In recent years, it is small and medium enterprises (SMEs) which have led the way in new job creation and economy growth in most market economies. This article looks at the development of SMEs in Poland, and the general trends in the sector.