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Determinants of new business formation – some lessons from the Czech Republic

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dc.title Determinants of new business formation – some lessons from the Czech Republic en
dc.contributor.author Hájek, Oldřich
dc.contributor.author Nekolová, Jana
dc.contributor.author Novosák, Jiří
dc.relation.ispartof Economics and Sociology
dc.identifier.issn 2071-789X Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2015
utb.relation.volume 8
utb.relation.issue 1
dc.citation.spage 147
dc.citation.epage 156
dc.type article
dc.language.iso en
dc.publisher Centre of Sociological Research
dc.identifier.doi 10.14254/2071-789X.2015/8-1/11
dc.relation.uri https://www.economics-sociology.eu/?315,en_determinants-of-new-business-formation-%E2%80%93-some-lessons-from-the-czech-republic
dc.subject Entrepreneurship en
dc.subject new business formation en
dc.subject OLS regression en
dc.subject spatial regression en
dc.subject the Czech Republic en
dc.description.abstract This paper concerns with determinants of new business formation. The determinants are related to relevant theoretical concepts dealing with the issue. The Czech Republic in the time period 2011-2012 is the area of interest. Spatial approach is used to identify the impact of the determinants on new business formation. Thus, the data are related to 206 Czech microregions. The methods of regression analysis are employed to gain results. These show the positive impact of agglomeration economies and the quality of entrepreneurial climate on new business formation. Moreover, human capital and the presence of foreign-owned businesses positively influence new business formation. On the contrary, the relationship between unemployment and new business formation is ambivalent. Altogether, the findings support path-dependency of new business formation with important implications for entrepreneurship policy. Finally, regression results point out the relevance of spatial spillovers in explaining variation in new business formation. © 2015, Economics and Sociology. All rights reserved. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1005239
utb.identifier.obdid 43873345
utb.identifier.scopus 2-s2.0-84936767801
utb.identifier.wok 000365357100012
utb.source j-scopus
dc.date.accessioned 2015-08-14T09:26:15Z
dc.date.available 2015-08-14T09:26:15Z
dc.rights Attribution 3.0 International
dc.rights.uri https://creativecommons.org/licenses/by/3.0/
dc.rights.access openAccess
utb.contributor.internalauthor Hájek, Oldřich
utb.contributor.internalauthor Nekolová, Jana
utb.contributor.internalauthor Novosák, Jiří
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