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Entrepreneurship and Competitiveness in the EU Member States, with Special Regard to the Visegrad Countries

Author

Listed:
  • Anita Pelle

    () (University of Szeged (Hungary), Faculty of Economics and Business Administration.)

  • Marcell Zoltán Végh

    () (University of Szeged (Hungary), Faculty of Economics and Business Administration)

Abstract

Our research primarily aims at studying the competition and competitiveness in the EU internal market, both at the level of the EU and its member states. As the main tool of our analysis, we create three indicators based on the dataset and methodology of the World Economic Forum (WEF). These indicators are to measure the competitiveness of 1) the state, 2) the enterprise sector and 3) the institution of the market in the EU member states. In order to assess entrepreneurship, we apply the GEDI index. Then we compare our findings along the two dimensions. EU member states obviously form two groups along all indicators: the core and the periphery are clearly visible. The Visegrad countries all belong to the periphery but their relative positions within the group are worth studying. Enterprise sector competitiveness calculated according to the WEF methodology and entrepreneurial spirit calculated through the GEDI index show a very strong linear correlation.

Suggested Citation

  • Anita Pelle & Marcell Zoltán Végh, 2017. "Entrepreneurship and Competitiveness in the EU Member States, with Special Regard to the Visegrad Countries," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 15(65), pages 13-32.
  • Handle: RePEc:sgm:pzwzuw:v:15:i:65:y:2017:p:13-32
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    File URL: http://pz.wz.uw.edu.pl/sites/default/files/artykuly/pz_2017_1_1_pelle_vegh_0.pdf
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    References listed on IDEAS

    as
    1. Patrick A. McNutt, 2005. "Law, Economics and Antitrust," Books, Edward Elgar Publishing, number 1463.
    2. Elsner, Wolfram & Heinrich, Torsten & Schwardt, Henning, 2014. "The Microeconomics of Complex Economies," Elsevier Monographs, Elsevier, edition 1, number 9780124115859.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    competition; competitiveness; entrepreneurship; European Union; Visegrad countries;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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