At a time when neighboring countries are modernizing their laws, digital services, and business environments, we’re still asking ourselves whether we can do it “our way.” We can. But it works more effectively if we look beyond our own bubble.
Slovakia needs a new impetus. The inspiration already exists—we just need to stop ignoring our neighbors.
While other countries are modernizing their laws, digitizing government, and supporting entrepreneurs, Slovakia is still trying to figure out its own path. But instead of experiments, we need pragmatic solutions. And we’ll find them across the border.
The Czech Republic shows that even a small country can adopt bold legal reforms that simplify life for entrepreneurs. More flexible ownership structures, new types of shares, the option to choose between a monistic and dualistic management model, and simpler company formation are just a fraction of the changes that could serve as inspiration for Slovakia.
Instead of unnecessary bureaucratic obstacles, we should offer more freedom, predictability, and a modern approach. Not because we want to copy, but because we want to move forward.
Slovakia has both experts and a vision. What we lack, however, is the courage to implement proven solutions. And that is precisely what may determine whether we become a competitive nation—or just another country that has fallen behind the times.
We need fewer inventions and more functional systems. Instead of reinventing the wheel, it’s time to start pedaling.
