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The role of education, individual and economic factors in entrepreneurial initiatives: A microeconomic approach for the Czech Republic, Slovakia and Poland

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dc.title The role of education, individual and economic factors in entrepreneurial initiatives: A microeconomic approach for the Czech Republic, Slovakia and Poland en
dc.contributor.author Bilan, Yuriy
dc.contributor.author Simionescu, Mihaela
dc.contributor.author Mentel, Grzegorz
dc.contributor.author Rózsa, Zoltán
dc.relation.ispartof E & M Ekonomie A Management
dc.identifier.issn 1212-3609 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2019
utb.relation.volume 22
utb.relation.issue 4
dc.citation.spage 85
dc.citation.epage 102
dc.type article
dc.language.iso en
dc.publisher Technical Univ Liberec
dc.identifier.doi 10.15240/tul/001/2019-4-006
dc.relation.uri http://www.ekonomie-management.cz/en/archiv/search/detail/1883-the-role-of-education-individual-and-economic-factors-in-entrepreneurial-initiatives-a-microeconomic-approach-for-the-czech-republic-slovakia-and-poland/
dc.subject Higher education en
dc.subject entrepreneurial initiative en
dc.subject business en
dc.description.abstract Considering the role of entrepreneurial initiatives in supporting national economies, the main purpose of this paper is the assessment of various factors' impact on entrepreneurial initiatives in the Czech Republic, Poland and Slovakia. Using the data collected via surveys of students in Economics and Business, the association between entrepreneurial initiatives (deep interest in business, intention to start a business after graduation) and quality of higher education, individual traits and economic factors is investigated. The results based on Kendall's coefficients, Kruskall-Wallis test and multinomial logistic regression indicated that all the students present a certain aversion to risk due to a high number of business disadvantages. Less time left to be spent with family due to business activities and the irregularity of incomes discourage the Poles and the Slovaks to start a business. Unlike Polish students, the Czechs and the Slovaks consider that the quality of higher education motivate them to have entrepreneurial initiatives. Polish and Slovak students decision to start a business depends on the media information about business environment, while for Czech students the knowledge acquired during the studies about starting a business are enough determine them to have own affairs. Some recommendations could be made based on these results: Polish and Slovak higher education in Economics and Business fields needs improvement as to determine the graduates to start and do business of their own. In this context, the organization of more traineeship during the studies to explain them how to be a successful businessperson could have a positive impact on the decision to become entrepreneur. Professors could inform their students that media information is not always the most reliable source, while the experience of successful businessmen shared with students and some lectures taught by experts coming directly from the business environment could be more useful for them. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1009523
utb.identifier.obdid 43880294
utb.identifier.scopus 2-s2.0-85081125856
utb.identifier.wok 000500931600006
utb.source J-wok
dc.date.accessioned 2020-01-09T10:31:42Z
dc.date.available 2020-01-09T10:31:42Z
dc.rights Attribution-NonCommercial 4.0 International
dc.rights.uri http://creativecommons.org/licenses/by-nc/4.0/
dc.rights.access openAccess
utb.ou Center for Applied Economic Research
utb.contributor.internalauthor Bilan, Yuriy
utb.wos.affiliation [Bilan, Yuriy] Tomas Bata Univ Zlin, Fac Econ & Management, Ctr Appl Econ Res, Zlin, Czech Republic; [Simionescu, Mihaela] Romanian Acad, Inst Econ Forecasting, Bucharest, Romania; [Mentel, Grzegorz] Univ Informat Technol & Management Rzeszow, Coll Management, Dept Econ & Finance, Rzeszow, Poland; [Rozsa, Zoltan] Alexander Dubcek Univ Trencin, Fac Social & Econ Relat, Trencin, Slovakia
utb.scopus.affiliation Tomas Bata University in Zlín Faculty of Management and Economics Centre for Applied Economic Research, Czech Republic; Romanian Academy Institute for Economic Forecasting, Romania; University of Information Technology and Management in Rzeszow Collegium of Management, Department of Economics and Finance, Poland; Alexander Dubcek University in Trencin, Faculty of Social and Economic Relations, Slovakia
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