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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Analysis of the determinants of the entrepreneurship in a country
 Palas, Michal ; Bobková, Božena (advisor) ; Brechler, Josef (referee)
This paper aims at explaining the impact of macroeconomic and institutional conditions on cross- country variation in nascent entrepreneurship. Some authors have found significant effects of macroeconomic and institutional variables in their papers. We use data from 56 countries involved in the Global Entrepreneurship Monitor project. We analyse these data from 2006-2012 period using econometric panel data methods. Our results do not confirm the impact of most of the included variables. The results show that the established entrepreneurship rate seems to influence the nascent entrepreneurship rate positively. We also find weak negative effect of amount of paid-in minimum capital associated with starting business. We test the hypothesis of U-shape relation between economic development and nascent entrepreneurship rate. Our results support this hypothesis only in the model without any control variable. The influence of economic development on nascent entrepreneurship rate is insignificant in our full model. Powered by TCPDF (www.tcpdf.org)
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