The local authority should play a significant role in shaping the local development economic plane because according to the idea of self-government their task is to control the development of the local economy. The obligation to assist entrepreneurs in running a business is self-government’s primary task. Without the participation and help of self-government bodies the permanent and distinct economic development is not possible. It can be done only when the business activity of entrepreneurs in every region meets with the appropriate support. Local governments should be partners to entrepreneurs, serve them with comprehensive information as well as assistance. Since all governments care, or at least should care, about the economic development of a given area, this implies that particular self-governments are in huge competition for investors, investments and locations of new entities.
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