Current development of business environment in Slovakia and Czech Republic

Fabuš, Michal

doi:10.9770/jesi.2017.5.1(10)

Cited by 17 publications

(12 citation statements)

References 5 publications

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“…A set of influences affecting the existence and development of all business activities is generally denoted as business environment. The results of business activities are considerably dependent on the business environment a company operates in (Buganová & Moricová, 2017;Fabuš, 2017). Conditions under which companies operate, or develop their activities, have a significant impact on their performance, competitiveness and growth potential, as well as they determine the attractiveness of a particular state for foreign investors (Fabuš, 2017).…”

Section: Introductionmentioning

confidence: 99%

Assessing the Market, Financial and Economic Risk Sources by Czech and Slovak Smes

Dvorský

Petráková

Polách

2019

IJEK

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The market, economic and financial risks are the most important risks, which determine the quality and performance of small and medium sizes enterprises. The main objective of the article is to evaluate the most important sources of market, economic and financial risk between Slovak and Czech SMEs according gender and size of enterprise. The questionnaires of 895 entrepreneurs were collected and prepare on evaluating in the year 2018. The statistical hypotheses were accepted through the mathematical method as is Z-score. The gender of entrepreneur and size of enterprises between Slovak and Czech entrepreneurs is a significant factor of evaluating the sources of economic risk, as is development of the tax and insurance burden; weak availability of the financial resources (loans, foundations); development of the interest rates; growing prices of all types of energy. According to the evaluation of entrepreneurs, the intensity of sources of economic risk in Slovak business environment is higher than in Czech business environment.

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Section: Introductionmentioning

confidence: 99%

Assessing the Market, Financial and Economic Risk Sources by Czech and Slovak Smes

Dvorský

Petráková

Polách

2019

IJEK

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“…FDI has been and continues to be an important factor in the development of transition countries. They help create new jobs, which can lead to an influx of new technologies, and in total they provide the necessary capital to restore a successful transition to the market economy (Fabus, 2015(Fabus, , 2017(Fabus, , 2018Shuyan, 2019).…”

Section: Literature Reviewmentioning

confidence: 99%

The impact of OFDI reverse technology spillover on China's technological progress: Analysis of provincial panel data

Li¹,

Fabuš²

2019

Journal of International Studies

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In recent years, China's foreign direct investment (OFDI) has grown rapidly. While promoting economic development of a host country, it also has a certain impact on technological progress of a home country through the reverse technology spillover effect. However, the source of China's OFDI is not unevenly distributed, and OFDI of the Eastern coastal economically developed provinces and cities has the highest proportion. At the same time, due to large differences in economic development levels and technical levels of various provinces and cities, the absorption effect of OFDI reverse technology spillovers must be different. This paper takes the patent grant amount as a technical indicator and uses panel data on various provinces and cities in China to empirically test the reverse spillover effect of OFDI on China's technological progress and regional differences in it. Overall, there is a long-term stable equilibrium relationship observed between China's OFDI and domestic technological progress, but the correlation coefficient is not high. In terms of regions, the largest value is observed on the East, the second largest-on the West, and the smallest-in the Central region. The proportion of China's OFDI participating in foreign production and technology research and development is still relatively low, so the coefficient of influence on technological progress is not high. The government should actively guide and promote Chinese enterprises to increase foreign investment in production, research and development, and thus increase the contribution of OFDI to technological progress.

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“…CONCLUSION Nowadays dynamic technological and global changes are increasing the pressure on competitiveness of economies across countries and regions [10]. Conditions under which enterprises operate, or develop their activities, have a significant impact on their performance, competitiveness and growth potential, as well as they determine the attractiveness of a particular state for foreign investors [11].…”

Section: Business Environment In the Slovak Regionsmentioning

confidence: 99%