Development and Significance of the Small and Average-Size Companies Sector in the Polish Economy

Abstract

An increase in the role and significance of the sector of small and average-size companies in Poland may become an important factor of economic growth, as well as an element of the process of adjusting the structure of Polish economy to the shape allowing its efficient competence within the European Union. The countries, in which small and average-size companies constitute the core of economy are characterized by a greater resistance to economic crises, they experience slumps in the economy more rarely, and have a greater dynamics of the economic growth. The present article is devoted to assessment of the role of small and average-size companies in the economic growth. It presents the stages of formation and development of the sector of small and average-size companies in Poland, the quantitative changes of the sector and its significance in the economy by showing the effects of its participation in creating the GNP, employment, financial effects and export.