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The Examination of the Level of Entrepreneurship in Eight Central Eastern European Countries

In: 6th International Conference on Management, Enterprise and Benchmarking MEB 2008-Proceedings

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  • László Szerb

    ()
    (University of Pécs)

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    Abstract

    Since the start of the Global Entrepreneurship Monitor (GEM) research of 1999, the TEA index, that measures the percentage of those who are in the nascent phase of the business or owners and managers of a young firm in the 18-64 age population, has been applied as the most important indicator of entrepreneurship activity in GEM related studies. However, the general use of TEA has been widely criticized mainly because it captures just only one, thought very important, aspect of entrepreneurship. Based on a newly created Complex Entrepreneurship Context index developed by Acs and Szerb (2008), I provide the analysis of the level of entrepreneurship in eight Central Eastern European countries. Based on the investigation of the three sub-indexes and 14 indicators of entrepreneurial activity, strategy and attitudes, I am providing tailor-made entrepreneurship policy suggestions for the eight CEE countries of Croatia, Czech Republic, Hungary, Latvia, Romania, Russia, Serbia, and Slovenia.

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    File URL: http://kgk.uni-obuda.hu/sites/default/files/6_SzerbLaszlo.pdf
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    Bibliographic Info

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    This chapter was published in: György Kadocsa (ed.) 6th International Conference on Management, Enterprise and Benchmarking MEB 2008-Proceedings, , pages 69-83, 2008.

    This item is provided by Óbuda University, Keleti Faculty of Business and Management in its series Proceedings-6th International Conference on Management, Enterprise and Benchmarking (MEB 2008) with number 69-83.

    Handle: RePEc:pkk:meb008:69-83

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    1. Polona Tominc & Miroslav Rebernik, 2007. "Growth Aspirations and Cultural Support for Entrepreneurship: A Comparison of Post-Socialist Countries," Small Business Economics, Springer, vol. 28(2), pages 239-255, March.
    2. Acs, Zoltan J & Phillips, Ronnie J, 2002. " Entrepreneurship and Philanthropy in American Capitalism," Small Business Economics, Springer, vol. 19(3), pages 189-204, November.
    3. Zoltan Acs & Colm O'Gorman & Laszlo Szerb & Siri Terjesen, 2006. "Could The Irish Miracle Be Repeated in Hungary?," Papers on Entrepreneurship, Growth and Public Policy 2005-33, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    4. Tyson, Laura d'Andrea & Petrin, Tea & Rogers, F Halsey, 1994. " Promoting Entrepreneurship in Eastern Europe," Small Business Economics, Springer, vol. 6(3), pages 165-84, June.
    5. Anisya S Thomas & Stephen L Mueller, 2000. "A Case for Comparative Entrepreneurship: Assessing the Relevance of Culture," Journal of International Business Studies, Palgrave Macmillan, vol. 31(2), pages 287-301, June.
    6. Wennekers, Sander & Thurik, Roy, 1999. " Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
    7. Acs,Zoltan J. & Carlsson,Bo & Karlsson,Charlie (ed.), 1999. "Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy," Cambridge Books, Cambridge University Press, number 9780521621052, October.
    8. Wiklund, Johan & Shepherd, Dean, 2005. "Entrepreneurial orientation and small business performance: a configurational approach," Journal of Business Venturing, Elsevier, vol. 20(1), pages 71-91, January.
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