TBU Publications
Repository of TBU Publications

Business dynamism in the world economy

DSpace Repository

Show simple item record


dc.title Business dynamism in the world economy en
dc.contributor.author Virglerová, Zuzana
dc.contributor.author Addeo, Felice
dc.contributor.author Zapletalíková, Eliška
dc.relation.ispartof Problems and Perspectives in Management
dc.identifier.issn 1727-7051 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2020
utb.relation.volume 18
utb.relation.issue 3
dc.citation.spage 160
dc.citation.epage 169
dc.type article
dc.language.iso en
dc.publisher LLC CPC Business Perspectives
dc.identifier.doi 10.21511/ppm.18(3).2020.14
dc.relation.uri https://businessperspectives.org/journals/problems-and-perspectives-in-management/issue-359/business-dynamism-in-the-world-economy
dc.subject enterprise en
dc.subject Global Competitiveness Index en
dc.subject productivity en
dc.subject value added at factor cost en
dc.description.abstract The creation and growth of new enterprises and, on the other hand, their decline and market exit are crucial factors of business dynamism and economic growth. Thus, business dynamism is an important aspect in the market chain and productivity of an economy, as well as a trigger for market reforms. The aim is to analyze business dynamism using Global Competitiveness Index 4.0 and its variables worldwide and to verify the relationship between business dynamism in the EU states and economic characteristics such as Valued added at factor cost, Enterprise Birth Rate and Enterprise Death Rate. Data were collected from the 2019 Global Competitiveness Report and from the EUROSTAT database, using the most recently updated source for each indicator. The 11th pillar of the Global Competitiveness Index, focused on business dynamics, and a set of indicators were analyzed using PCA to verify if all the variables are effective representatives of the concept. It was found out that the pillar does not effectively represent the concept of business dynamism in case of the EU countries; therefore the new pillar was constructed. A strong and statistically significant correlation between business dynamism and Value Added was confirmed. A relationship between business dynamism and other economic indicators was not proven. From a territorial point of view, Oceania achieved the best overall result in the analyzed field. The process of starting a new business is the most challenging in terms of start-up costs in South America. By contrast, the EU has reached the best result in this process. © Zuzana Virglerova, Felice Addeo, Eliska Zapletalikova, 2020 en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1009955
utb.identifier.obdid 43881386
utb.identifier.scopus 2-s2.0-85091875899
utb.source j-scopus
dc.date.accessioned 2020-10-23T10:40:53Z
dc.date.available 2020-10-23T10:40:53Z
dc.rights Attribution 4.0 International
dc.rights.uri http://creativecommons.org/licenses/by/4.0/
dc.rights.access openAccess
utb.contributor.internalauthor Virglerová, Zuzana
utb.contributor.internalauthor Zapletalíková, Eliška
utb.fulltext.affiliation Zuzana Virglerova, Felice Addeo, Eliska Zapletalikova Zuzana Virglerova, Ph.D., Tomas Bata University in Zlín, Faculty of Management and Economics, Czech Republic. (Corresponding author) Felice Addeo, University of Salerno, Department of Political and Communication Science, Italy. Eliska Zapletalikova, Tomas Bata University in Zlín, Faculty of Management and Economics, Czech Republic.
utb.fulltext.dates Received on: 5th of May, 2020 Accepted on: 17th of July, 2020 Published on: 7th of September, 2020
utb.scopus.affiliation Tomas Bata University in Zlín, Faculty of Management and Economics, Czech Republic; University of Salerno, Department of Political and Communication Science, Italy
utb.fulltext.faculty Faculty of Management and Economics
utb.fulltext.faculty Faculty of Management and Economics
utb.identifier.jel E32
utb.identifier.jel L21
utb.identifier.jel M21
Find Full text

Files in this item

Show simple item record

Attribution 4.0 International Except where otherwise noted, this item's license is described as Attribution 4.0 International