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The geography of new business formation in the Czech Republic: a cross-section analysis (2003-2014)

Author: , , and

The intent of this paper is to provide empirical evidence of determinants on new business formation in the Czech Republic’s regions in the period 2003 to 2014. The results suggest that the regions with strong entrepreneurial culture, measured by a high proportion of entrepreneurs in the population, and with a strong presence of foreigners, had higher rates of new business formation. A positive inuence of agglomeration economies was observed, and the impact of unemployment was negative. However, the results were not consistent when more advanced legal business forms (especially limited liability and joint-stock companies) had been used in the dependent variable. In this case, human capital was the overriding factor determining regional differences in new business formation rates, while entrepreneurial culture and the presence of foreigners were not signicant. Finally, the importance of the industrial structure of regions was conrmed regardless of the dependent variable form.

Keywords: , ,
Issue: Volume 11, Issue 2, 2017
About journal

Title: Human Geographies - Journal of Studies and Research in Human Geography
ISSN online: 2067-2284
ISSN print: 1843-6587
Imprint: University of Bucharest
Frequency: Biannual (May&November)
First volume: 1/2007
Current volume: 14/2020
Language: English
Indexed in: SCOPUS, ERIH PLUS, EBSCO (SocINDEX), ProQuest (Social Science Journals, SciTech Journals, Natural Science Journals), Index Copernicus, National Technical Information Service (NTiS), Bodleian Libraries, ExLibris SFX, DOAJ, Gottfried Wilhelm Leibniz Library, Google Scholar, Ulrich
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EDITORS


Prof. dr. Liliana Dumitrache
University of Bucharest, Faculty of Geography- Human and Economic Geography Department, 1 Nicolae Balcescu Av., 010041, Bucharest, Romania

Dr. Daniela Dumbrăveanu
University of Bucharest, Faculty of Geography- Human and Economic Geography Department, 1 Nicolae Balcescu Av., 010041, Bucharest, Romania

Dr. Mariana Nae
University of Bucharest, Faculty of Geography- Human and Economic Geography Department, 1 Nicolae Balcescu Av., 010041, Bucharest, Romania

Dr. Gabriel Simion
University of Bucharest, Faculty of Geography- Human and Economic Geography Department, 1 Nicolae Balcescu Av., 010041, Bucharest, Romania

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