2018
DOI: 10.18045/zbefri.2018.1.129
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Economic performance of the NUTS III Regions in the Czech Republic in the context of entrepreneurship subsidies from the EU Structural Funds

Abstract: Entrepreneurship is considered to be one of the essential factors of economic growth and entrepreneurship policy is considered to be a significant contributor to the regional economic development. The aim of the present paper is to determine whether the unemployment rate and the GDP per capita of the NUTS III regions in the Czech Republic are influenced by the amount of financial subsidies paid to businesses from the Operational Programme Enterprise and Innovation (OPEI). We employed regression analysis and Gr… Show more

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Cited by 3 publications
(3 citation statements)
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References 45 publications
(54 reference statements)
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“…Regardless of the level of local communities, what is common is the positive impact of business development as one of the results of proper strategic planning, employment and population growth (Milovic et al, 2020). Regarding the significant links between entrepreneurship development and employment / unemployment programs, this impact has been confirmed in other EU regions (Kolaříková et al, 2018).…”
Section: Literature Reviewmentioning
confidence: 71%
“…Regardless of the level of local communities, what is common is the positive impact of business development as one of the results of proper strategic planning, employment and population growth (Milovic et al, 2020). Regarding the significant links between entrepreneurship development and employment / unemployment programs, this impact has been confirmed in other EU regions (Kolaříková et al, 2018).…”
Section: Literature Reviewmentioning
confidence: 71%
“…In the scientific literature, there are mainly two indicators, the differences in which can be considered as economic differences. Firstly, many studies of economic performance of regions and its differences (Dunford 2008;Stankevics et al 2014;Boronenko et al 2014;Kolaríkova et al 2018) use Gross Domestic Product (GDP) per capita indicator to assess the economic differences between territories. Secondly, several studies of the economic inequality among regions (Atkinson 1970;Lubrano 2017), as well as studies of the regional aspect of income differentiation (Lavrinovica, Lavrinenko 2011) use the income of the population for assessment of the economic differences between territories.…”
Section: Research Objective and Methodologymentioning
confidence: 99%
“…The basic evaluation methods include various (spatial) econometrics. Mathematical procedures that assess the impact of structural funds on economic and social development are usually based on regression and simulation models (Porgo et al, 2019;Bătușaru and Bucur, 2018) where, in most cases, these methods are applied to large territorial units such as countries, NUTS 1 or NUTS 2 levels (Mohl and Hagen, 2010;Kolaříková et al, 2018). Other methods reported in the literature deal with the ex-ante territorial assessment of policy impacts: these are the structural equation model (SEM) (Jestl et al, 2020) and the territorial impact assessment (TIA) (Evers, 2011).…”
Section: Background 11 Territorial Cohesion In Eu Policiesmentioning
confidence: 99%