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

Author

Listed:
  • Petr Hlavacek

    (University of Jan Evangelista Purkyne, Usti nad Labem, Czech Republic)

  • Marta Zambochova

    (University of Jan Evangelista Purkyne, Usti nad Labem, Czech Republic)

  • Tomas Sivicek

    (University of Jan Evangelista Purkyne, Usti nad Labem, Czech Republic)

Abstract

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.

Suggested Citation

  • Petr Hlavacek & Marta Zambochova & Tomas Sivicek, 2015. "The Influence of the Institutions on Entrepreneurship Development: Public Support and Perception of Entrepreneurship Development in the Czech Republic," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 408-408, February.
    • Handle: RePEc:aes:amfeco:v:38:y:2015:i:17:p:408
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    References listed on IDEAS

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    More about this item

    Keywords

    entrepreneurship; institutional environment; barriers; development; public;
    All these keywords.

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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