The Entreprenurial Perception of SME Business Environment Quality in the Czech Republic
Ključnikov Aleksandr, Belás Jaroslav, Kozubíková Ludmila, Paseková Pavla
Keywords:
small and medium-sized enterprises, business environment quality, state financial support, credit risk,
market risk, Czech Republic
Abstract:
This article defines and quantifies important factors of the quality of the business environment
for small and medium-sized firms (SMEs) in the Czech Republic.To do so, itcompares the attitudes
of entrepreneurs categorized by gender, education, age and firm size. A study of the
business environment was conducted in 2015 from a sample of 1,141 respondents (the owners of
companies), and the results were analyzed. It was found that only 10% of the entrepreneurs positively
evaluated the applicable forms of state financial support. The study also demonstrated no
statistically-significant response differences among the designated social groups. 64% of Czech
entrepreneurs feel the support of their surroundings while doing business,45% think that SMEs
have restricted access to external sources of financing, and over half note the intensive influence
of market risk. It was also determined that there are statistically-significant differences in the
pattern of responses between men and women and between micro-enterprises and small and
medium-sized enterprises.
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 10.7441/joc.2016.01.05
Ključnikov A., Belás J., Kozubíková L., Paseková P.(2016). The Entreprenurial Perception of SME Business Environment Quality in the Czech Republic. Journal of Competitiveness, 8 (1), 66-78 https://doi.org/10.7441/joc.2016.01.05
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