Discrepancies in Perception and Evaluation of Macroenvironment – Sectoral Analysis

Abstract

The aim of presented study is to evaluate macroeconomic environment and to determine differences in perception of macroeconomic environment by entrepreneurs in Slovak Republic and Czech Republic. Data collection was done by questionnaire which was answered by 329 entrepreneurs from Slovak Republic and 312 entrepreneurs from Czech Republic. Topics treated concerning macroenvironment were the favourableness of macroenvironment for business activities, its support for starting an entrepreneurship, its support of innovation activities of companies and its capacity to promote entrepreneurship and to create interesting business opportunities. Answers are divided according to sector in which entrepreneurs doing business. Considered sectors are: transport, trade, construction, production, agriculture, services and other sectors. To analyse collected data, we use correspondence analysis. Results show that there exists systematic difference in perception of macroenvironment by entrepreneurs from SMEs in Slovak Republic and Czech Republic. It seems that entrepreneurs from Czech Republic percept macroenvironment more positively than Slovak ones. Moreover, we document different perception of macroeconomic situation depending on sector in which entrepreneurs operate. Presented research results bring findings for the creators of economic policies. Similarly, presented results form a platform for concepts of strategic and regional plans in order to provide sustainable business environment in the countries, and also their stable economic growth.

Measuring efficiency by using selected determinants in regional SMEs

“…The scientific literature mentions a wide range of environmental factors potentially influencing the performance of SMEs. An increased attention is paid to a stable size of the business (Vekic, 2020;Belas et al, 2020;Gupta, 2016;Virglerová et al, 2017;Kotaskova, Rozsa, 2018;Dyduch, 2019), business staff and human resources practices, sales networks, products, processes, marketing innovations, as well as the sustainable management (Kotulic et al, 2017;Lazikova et al, 2018;Tingvall, 2018;Durda & Kljucnikov, 2019). Exports, market orientation and planning flexibility have been identified as priorities in SME studies in terms of transformation into efficient economic units (Sheehan, 2013;Bencikova, Mala, Minarova, 2013;Wallsten, 2000;Jašková, 2019;Dvorský, et al 2019).…”

Competitiveness of the Selected Countries of the EU with a Focus on the Quality of the Business Environment

“…They are a source of jobs that create entrepreneurship and contribute to innovation and economic growth. (Lechman, 2019;Belas et al, 2020). Innovation is the crucial element of a knowledge-based economy because the creation, exchange and market success via innovation are the sources of growth of many economic indicators and prosperity of society (Mura et al, 2018;Virglerova et al, 2020).…”

The Wages System in Romania – Between Convergence and Discrimination. Sustainability or Over-Regulation?

“…The issue of the sustainability of an economic system automatically implies the trend towards balance of the labour market from the perspective of demand, supply and salary level. According to literature, "macroeconomic stability is characterized by improving business conditions" (Belas et al, 2020). On ther other hand, the labour market can be seen as a system that has as input the demand and supply of labour and as outputs the income generated for employees and implicitly the expenses borne by employers.…”