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How Did European Union Influence Business Environment in Czech Republic?

In: Eurasian Economic Perspectives

Author

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  • Dusan Litva

    (University of Economics)

Abstract

Study described and analyzed in these papers is focused on perception of Czech entrepreneurs, executives and managers of companies from different regions, legal form, economical classification of business area or number of employees, regarding accession of Czech Republic to the European Union and its consequences on entrepreneurship area. Investigated areas were total evaluation of accession to the European Union, indebtedness, accessibility and qualification of labor, impact on corruption or in general biggest advantages or disadvantages of European integration. In general, most of the respondents has agreed that accession to the European Union had more positive than negatives. Open European market supported trade, cancellation of boarders and duties, accelerated supply chain and logistics, increase opportunities to enter other markets, reach out foreign capital, most of respondents agreed on positive impact on business results. On the other hand, opened market has supported globalization, caused increase of competitiveness on Czech market, increase pressure at effectiveness resulting in close out of inefficient companies or even industries. Most of respondents did not agree with acceptance of Euro, while those who agreed had been estimated 2020 as ideal year to access Eurozone.

Suggested Citation

  • Dusan Litva, 2018. "How Did European Union Influence Business Environment in Czech Republic?," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Eurasian Economic Perspectives, pages 285-298, Springer.
    • Handle: RePEc:spr:eurchp:978-3-319-67916-7_18
    DOI: 10.1007/978-3-319-67916-7_18
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