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The impact of entrepreneurship on economic performance in Central and Eastern Europe
Chiselita, Doina ; Benáček, Vladimír (advisor) ; Svoboda, Karel (referee) ; Korosteleva, Julia (referee)
Entrepreneurship is viewed by scholars and policy makers as an important factor contributing to increased levels of economic performance. New businesses are conduits of innovation, connecting resources and ideas within the economy and fostering competition. Central and Eastern Europe is a special case regarding entrepreneurship, due to its communist legacy. The surge in entrepreneurial activities caused by the process of market liberalization ultimately affected economic development in the area. This thesis acknowledges the importance of studying entrepreneurship in Central and Eastern Europe, and aims to analyse the impact of new business formation on economic performance in the region. To do so, the thesis creates a comprehensive guide of theoretical frameworks linking entrepreneurship to measures of economic performance and applies them to the Central and Eastern European area. The thesis also develops an empirical study using regression analysis with regional Eurostat data, which shows that new business formation has a significant, positive impact on GDP levels in Central and Eastern Europe. The results also indicate that entrepreneurial activity should be regarded by policy makers as an important factor that leads to increased economic performance, in addition to measures of research and...
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Typology of processes for the creation of new companies within the manufacturing industry in Czechia: a comparative analysis of two regions
Mlnářík, Vojtěch ; Květoň, Viktor (advisor) ; Ježek, Jiří (referee)
This thesis contributes to the currently frequent topic of economic geography and explains the processes for the creation of new companies in the Pilsen and Zlín regions between years 2009-2011. The choice of these two regions reflects their similar structural characteristics within the firm sector and their different horizontal position. The aim of this work is to find out through which processes in the monitored regions new companies are being created within the manufacturing industry and to which extent these processes affect the subsequent economic performance of companies during the first five years of existence. For this purpose, a typology of the creation of new companies based on their initial characteristics was designed and processed. These initial characteristics reflect both the regional dimension in terms of the origin of the key resources for the creation of a new company relative to the hosting region and the consequent different competencies and possibilities of newly created companies. Despite the initial assumptions, the results showed that the compared regions are practically the same within this issue. In both regions, new companies are mostly created through internal processes (branching of activities from existing regional base), followed by a creation without a link to the...
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European Regions as an Example of the Relationship between Human, Institutional and Social Capital and Economic Performance
Chudý, Vít ; Netrdová, Pavlína (advisor) ; Pileček, Jan (referee)
This thesis is focused on the description and assessment of the relationships between human, institutional and social capital and the assessment of the effects of capital types on economic performance. After the operationalization of capital types and economic performance that was based on literature research, the relationships were analysed using the example of European regions (specifically NUTS 2). The analysis is focused on the regional differentiation of capital types and economic maturity. It also monitors the relationships between capital types and economic performance. This thesis is based on the latest statistical data from offices and surveys that deal with the quality of the institutional environment or the characteristics of social capital. The characteristics of capital types are shown in maps. For the statistical data analysis, we used factor, correlation and regressive analysis. Keywords: human, social and institutional capital, economic performance, GDP per capita, regional differentiation, European regions NUTS 2
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The relationship between the labour productivity and the economic performance of small and medium-sized enterprises
PACLÍK, Štěpán
This thesis deals with the relationship between the labour productivity and the economic performance of small and medium-sized enterprises. It is divided into the theoretical and the practical part. The metodology of this thesis describes the process of creating this work. The theoretical part of this thesis is the result of studying the literature. It contains basic information about the labour productivity and the economic performance. The economic performance is expressed by the indicators of the liquidity, profitability, indebtedness, activity, creditworthy and bankruptcy models and the Economic value added. The practical part of this thesis deals with the data processing from Albertina database, where all the necessary data can be found. For the purposes of this theses, a part of the data from Czech engineering industry was used, specificaly manufacture of electrical equipment (27 CZ-NACE) in the time period of 2013 - 2017. This data was further processed and analyzed. The next part of thesis is the analysis of the relationships between the labour productivity and the three indicators of economic performance - Return on Assets, index IN05 and the creditworthiness index. The last part of all is the conclusion where all found relations are described.
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Productivity and economic performance of small and medium-sized enterprises of manufacturing industry
HRUŠKOVÁ, Václava
This theses deals with productivity and economic performance of small and medium-sized enterprises of chosen sector of manufacturing industry in Czech Republic. The main goal of this thesis is to assess the relation between labour productivity and economic performance in the selected sector of furniture manufacture. Required data are gained from database Albertina. The theses is devided into two sectors. The first part of thesis describes scientific findings about productivity and economic performance.Practical part focuses on analysis of labour productivity and economic performance of chosen companies. The last section of pratical part is devoted to proving the relations between labour productivity and economic performance represented by indicator ROA and indexes of financial health: IN99 and Reliability index. Regression and correlation analysis evaluates described relations from the static and dynamic view.
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The impact of entrepreneurship on economic performance in Central and Eastern Europe
Chiselita, Doina ; Benáček, Vladimír (advisor) ; Svoboda, Karel (referee) ; Korosteleva, Julia (referee)
Entrepreneurship is viewed by scholars and policy makers as an important factor contributing to increased levels of economic performance. New businesses are conduits of innovation, connecting resources and ideas within the economy and fostering competition. Central and Eastern Europe is a special case regarding entrepreneurship, due to its communist legacy. The surge in entrepreneurial activities caused by the process of market liberalization ultimately affected economic development in the area. This thesis acknowledges the importance of studying entrepreneurship in Central and Eastern Europe, and aims to analyse the impact of new business formation on economic performance in the region. To do so, the thesis creates a comprehensive guide of theoretical frameworks linking entrepreneurship to measures of economic performance and applies them to the Central and Eastern European area. The thesis also develops an empirical study using regression analysis with regional Eurostat data, which shows that new business formation has a significant, positive impact on GDP levels in Central and Eastern Europe. The results also indicate that entrepreneurial activity should be regarded by policy makers as an important factor that leads to increased economic performance, in addition to measures of research and...
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Economic Position of Chile in Latin America
ŠAFRÁNKOVÁ, Gabriela
The aim of this thesis is to provide a general characterization of Chile with focus on the economic history and contemporary macroeconomic situation. This piece of writing shows the determinants of economic growth and makes a comparison of the country's economy by using graphs and charts. A secondary aim of this Bachelor's thesis is to compare the economic performance of this state with other selected Latin America countries. My writing is composed of two main parts. The first part, the theoretical part, defines the basic terminology related to the issue under examination, focusing on macroeconomic variables in relation to economic growth. Furthermore, alternative indicators for measuring the efficiency of economy are presented. Based on this theoretical part, general economic characterizations of Chile together with five other countries of the Latin American continent and their mutual comparison are developed. At the end a graphical comparison of the economics of these six countries is proposed.
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Corruption rate and economic performance
Lamich, Ondřej ; Soukupová, Jana (advisor) ; Šumpíková, Markéta (referee)
This bachelor thesis concentrates on the relationship between corruption rate and economic performance in a single economy. The main goal is to theoretically describe the term corruption itself ant to analyse its impact on the economic performance and effectivity. This thesis describes in the theoretical part the term corruption and its causes and consequences. In the practical part it concentrates on the correlation between corruption rate and basic economical indexes in the Czech Republic and chosen world economies, while the main question is, if higher corruption rate always necessarily leads to worse economic results and if corruption rate is one of the main causes, which differentiate developed and powerful economies from the others, or if its influence is insignificant. In the conclusion statistical methods are used to quantify the influence of corruption rate on economic performance.
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Does the Economic Performance since 2000 in the Czech Republic and other European States depends on the System of Financial Supervision?
Tomková, Kateřina ; Zeman, Karel (advisor) ; Krebs, Vojtěch (referee)
The objective of this diploma thesis is to process an analysis of financial supervision in the Czech Republic, Germany, Switzerland, Spain and Italy with special attention to banking industry which is the most influent part of the financial market in all countries. Besides this major analysis, the economic growth analysis for years 2000 to 2014 (2015) is made in every country. The very last step is a comparison of supervision systems and their connection to economic performance of countries. Conclusions bring the answer for my question: whether the economic condition (since 2000 until now) depends on the system of financial supervision in European countries. The theoretical part consists of chapters about the theory of national economy, financial markets, where there are basic theoretical concepts explained, market functions and market division. Last but not least, the theory of financial supervision is analyzed: what is the essence, legal framework, what is the supervision purpose and what are the goals of supervisors. Firstly, there should also be the theory of central banking but it does not make any sense to explain this theory here since central banks are not the main supervisor authorities of financial markets (except the Czech Republic, but also here the policies are separated). The practical part involves six subchapters, everyone is devoted to one state (the Czech Republic, Germany, Switzerland, Spain, Italy), the very last subchapter is about the comparison and analysis of results. In every state the history of financial market is processed together with institutional areas after 2000, legal framework and the analysis of supervision activity with special attention to capital, liquidity and resilience to shocks. European growth is analyzed according to GDP, inflation rate, unemployment, wage growth and GDP per capita in comparison with EU (28) and EA (19). The research brings the results that there is a connection between financial supervision and economic growth.
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