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The changing determinants of new business formation in the Czech Republic

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dc.title The changing determinants of new business formation in the Czech Republic en
dc.contributor.author Nekolová, Jana
dc.contributor.author Novosák, Jiří
dc.contributor.author Hájek, Oldřich
dc.relation.ispartof Montenegrin Journal of Economics
dc.identifier.issn 1800-5845 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2016
utb.relation.volume 12
utb.relation.issue 1
dc.citation.spage 7
dc.citation.epage 20
dc.type article
dc.language.iso en
dc.publisher Economic Laboratory Transition Research Podgorica-Elit
dc.identifier.doi 10.14254/1800-5845.2016/12-1/6
dc.relation.uri http://www.mnje.com/en/vol-12-no-1
dc.subject Entrepreneurship en
dc.subject new business formation en
dc.subject determinants of new business formation en
dc.subject regression analysis en
dc.subject the Czech Republic en
dc.description.abstract This paper is concerned with the connection between new business formation rates and their theoretically substantiated regional determinants, using regression modelling. The dynamics of new business formation is evaluated comparing the influence of regional determinants in two time periods - 2001-2002 and 2011-2012. The Czech Republic is the area of interest. Empirical results indicate the coexistence of persistent and changing influences of regional determinants on new business formation. The quality of the entrepreneurial environment, industrial diversity and population change have a persistent and positive impact on new business formation. There is also a positive connection between agglomeration economies and new business formation. The increasing influence of agglomeration economies is indicated. The presence of foreigners is not a statistically significant determinant of new business formation in the 2001-2002 models. Nevertheless, the importance of this determinant is increasing. It is suggested that unemployment vulnerability has a negative impact on new business formation but has increasing importance on entrepreneurship in disadvantaged regions. Finally, spatial interactions are an inevitable part when considering the determinants of new business formation. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1006336
utb.identifier.obdid 43875083
utb.identifier.wok 000373058700001
utb.source j-wok
dc.date.accessioned 2016-06-22T12:14:48Z
dc.date.available 2016-06-22T12:14:48Z
dc.rights Attribution 3.0 Unported
dc.rights.uri https://creativecommons.org/licenses/by/3.0/
dc.rights.access openAccess
utb.contributor.internalauthor Nekolová, Jana
utb.contributor.internalauthor Novosák, Jiří
utb.contributor.internalauthor Hájek, Oldřich
utb.fulltext.affiliation Jana Nekolová 1, Jiří Novosák 2, Oldřich Hájek 3 1 Faculty of Management and Economics, Tomas Bata University in Zlin, Czech Republic; nekolova@fame.utb.cz 2 Faculty of Management and Economics, Tomas Bata University in Zlin, Czech Republic; novosak@fame.utb.cz 3 Faculty of Management and Economics, Tomas Bata University in Zlin, Czech Republic; hajek@fame.utb.cz
utb.fulltext.dates Received November 21, 2015 Received in revised form – Feb. 08, 2016 Accepted February 19, 2016 Available online Feb. 23, 2016
utb.fulltext.faculty Faculty of Management and Economics
utb.fulltext.faculty Faculty of Management and Economics
utb.fulltext.faculty Faculty of Management and Economics
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