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THE QUALITY OF BUSINESS ENVIRONMENT AND UNIVERSITY STUDENT ENTREPRENEURSHIP - COMPARISON OF THE CZECH AND THE SLOVAK REPUBLIC
The aim of this paper was to define and quantify significant factors that potentially influence university students’ propensity for entrepreneurship. A part of this aim was a comparison of defined factors in the Czech and the Slovak Republic. A survey-based research was conducted with university students in the Czech Republic and Slovakia. 409 students in the Czech Republic and 568 students in Slovakia were approached during this research. To verify the defined scientific hypotheses, two custom Indexes were created: the Business environment Index and the Propensity for Entrepreneurship Index. The research results brought interesting findings. Even though the aggregated Business environment Index proved to be lower in Slovakia than in the Czech Republic, Slovak students’ determination to run a business is higher. The evaluation of respective constructs was quite similar. Students in both countries gave the advantages of entrepreneurship and the quality of education a similar rating. In Slovakia, the third most important construct was Access to financial resources, and in the Czech Republic, it was the Quality of the macroeconomic environment. According to Slovak students, the most significant factors determining the quality of the business environment and the propensity for entrepreneurship are: business allowing them to fully utilize their own skills, a better career growth and interesting job possibilities, as well as financial support from the state. Similarly, Czech students positively assessed the possibility of utilizing their skills, and gave the quality of university education in the context of entrepreneurial activities a very positive rating. Students in Slovakia view the state’s role in establishing business environment as a significantly negative factor. The students in the Czech Republic view media’s attitude towards entrepreneurs as very negative. This research has its limitations, but it has brought interesting findings and a possible inspiration for further research aimed at university students’ propensity for entrepreneurship.
Release: 2017/3 Pages: 34-43 JEL classification: A20, I25, I26
DOI:
Keywords: university students, factors influencing entrepreneurship, propensity for entrepreneurship
Section: SOCIAL CONTEXT OF THE ECONOMY, LABOR MARKET AND HUMAN RESOURCES DEVELOPMENT
Contacts:
Jaroslav Belás, prof. Ing. PhD.
Faculty of Management and Economics,
Tomas Bata University in Zlín
Mostní 5139, 760 01 Zlín,
email: belas111@gmail.com
Martin Čepel, Dr. Ph.D MBA
LIGS University LLC Honolulu
Richards Street, Suite 836, Hawaii,
email: cepel@benzinol.com
Gabriela Sopková, JUDr. Ing. PhD.
Faculty of Commerce,
University of Economics Bratislava
Dolnozemská cesta 1, 852 35 Bratislava,
email: gabika.sopkova@gmail.com
Anna Kotásková, Ing.
Faculty of Economics and Business,
Paneuropean University in Bratislava
Tematínska 10, 851 05 Bratislava,
email: anna.kotaskova@gmail.com
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