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Journal of Competitiveness

The Entreprenurial Perception of SME Business Environment Quality in the Czech Republic

Ključnikov Aleksandr, Belás Jaroslav, Kozubíková Ludmila, Paseková Pavla

Keywords:
small and medium-sized enterprises, business environment quality, state financial support, credit risk, market risk, Czech Republic

Abstract:
This article defines and quantifies important factors of the quality of the business environment for small and medium-sized firms (SMEs) in the Czech Republic.To do so, itcompares the attitudes of entrepreneurs categorized by gender, education, age and firm size. A study of the business environment was conducted in 2015 from a sample of 1,141 respondents (the owners of companies), and the results were analyzed. It was found that only 10% of the entrepreneurs positively evaluated the applicable forms of state financial support. The study also demonstrated no statistically-significant response differences among the designated social groups. 64% of Czech entrepreneurs feel the support of their surroundings while doing business,45% think that SMEs have restricted access to external sources of financing, and over half note the intensive influence of market risk. It was also determined that there are statistically-significant differences in the pattern of responses between men and women and between micro-enterprises and small and medium-sized enterprises.

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The Entreprenurial Perception of SME Business Environment Quality in the Czech Republic [PDF file] [Filesize: 553.85 KB]

10.7441/joc.2016.01.05


Ključnikov A., Belás J., Kozubíková L., Paseková P.(2016). The Entreprenurial Perception of SME Business Environment Quality in the Czech Republic. Journal of Competitiveness, 8 (1), 66-78 https://doi.org/10.7441/joc.2016.01.05

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ISSN 1804-171X (Print)
ISSN 1804-1728 (On-line)


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