The Influence of the Institutions on Entrepreneurship Development: Public Support and Perception of Entrepreneurship Development in the Czech Republic

This article deals with the research of entrepreneurship development in the frame of institutional environment in the Czech Republic. The example of the Czech Republic shows similar problems and specifics of post-transformation economies in Central and Eastern Europe. The goal is to discover the imp...

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Bibliographic Details
Published in:Amfiteatru economic 2015-02, Vol.17 (38), p.408-421
Main Authors: Hlaváček, Petr, Zambochova, Marta, Sivicek, Tomas
Format: Article
Language:English
Subjects:
Algorithms
Alliances
barriers
Classification
Czech Republic
Decision making
Development
Economic growth
Economic policy
Entrepreneurs
Entrepreneurship
Europe
Influence
Innovations
institutional environment
Knowledge transfer
Perceptions
Polls & surveys
Public administration
public support
Qualitative research
Questionnaires
Small & medium sized enterprises-SME
Social entrepreneurship
Studies
Variables
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Summary:This article deals with the research of entrepreneurship development in the frame of institutional environment in the Czech Republic. The example of the Czech Republic shows similar problems and specifics of post-transformation economies in Central and Eastern Europe. The goal is to discover the impact of specific institutional barriers on entrepreneurship development from the perspective of entrepreneurs and willingness to start own business. The surveys revealed that institutional barriers have significant impact on business. The influence of public administration and the configuration of the legislative environment are other key factors. Entrepreneurship policies should be more effective and public administration needs to create a better system of support and information transfer for new entrepreneurs and entrepreneurship development.
ISSN:2247-9104
1582-9146
2247-9104