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New Member Seeks For Opportunity To Start Business In The Eu – Where ?


  • Jarmila Šebestová, M.Sc.
  • Marek Smysl, M.Sc.

    (Silesian University Opava School of Business Administration Karviná, Czech Republic)


The main idea of this paper is to analyze opportunities to start business abroad by the Czech investor point of view. The question is – which factors could cause that domestic business units move to another country? The analysis is mainly based on „comparative advantage” approach – minimum cost, maximum benefit. Useful is to keep in mind that one advantage could not bring more satisfaction with entrepreneurship abroad. Are all business conditions comparative or competitive?

Suggested Citation

  • Jarmila Šebestová, M.Sc. & Marek Smysl, M.Sc., 2007. "New Member Seeks For Opportunity To Start Business In The Eu – Where ?," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(7), pages 47-54, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2007:i:7:p:47-54

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    References listed on IDEAS

    1. Christian Bauer & Bernhard Herz, 2005. "How Credible Are the Exchange Rate Regimes of the New EU Countries? : Empirical Evidence from Market Sentiment," Eastern European Economics, Taylor & Francis Journals, vol. 43(3), pages 55-77, May.
    2. M. Nowak & Ketil Hviding & Luca A Ricci, 2004. "Can Higher Reserves Help Reduce Exchange Rate Volatility?," IMF Working Papers 04/189, International Monetary Fund.
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    More about this item


    Registered capital; mobility of capital; VAT rate; insurance costs; minimum wage rate;

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe


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