Key business restart drivers in Slovakia

The phenomenon of business restart, also referred to as second chance, proved to be an integral part of entrepreneurial dynamics. Considering the high level of individual entrepreneurial activity (14.2% in 2011, 10.2% in 2012) accompanied with high discontinuance rate in Slovakia (7.0% in 2011, 4.7%...

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Main Authors: Anna Pilková, Marian Holienka, Michal Munk
Format: Article
Language:English
Published: Mendel University Press 2013-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/61/7/2617/
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author Anna Pilková
Marian Holienka
Michal Munk
author_facet Anna Pilková
Marian Holienka
Michal Munk
author_sort Anna Pilková
collection DOAJ
description The phenomenon of business restart, also referred to as second chance, proved to be an integral part of entrepreneurial dynamics. Considering the high level of individual entrepreneurial activity (14.2% in 2011, 10.2% in 2012) accompanied with high discontinuance rate in Slovakia (7.0% in 2011, 4.7% in 2012)1, it is important to further investigate key factors which influence business restart in our country. These findings could unveil what helps to preserve the current entrepreneurial activity, which is besides producing more new entrepreneurs another option to secure self-employment and job creation through individual business activities, with positive impact on economic growth in the country.The main aim of our paper is to analyze the issue of business restart in Slovakia through dynamics measured on individual level and to identify the key drivers of restart activity. These findings represent a good information basis for policy makers helping them better understand the characteristics of business restart phenomenon and develop relevant entrepreneurship policies, as well as for further entrepreneurship research.Our research is primarily based on Slovak Global entrepreneurship Monitor (GEM) 2011 and 2012 individual level data. We applied binominal logistic regression to analyze relationships between business restart and its potential drivers.
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spelling doaj.art-737e9fd2b4da4833b89a102e8a36fede2022-12-22T03:24:23ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102013-01-016172617262210.11118/actaun201361072617Key business restart drivers in SlovakiaAnna Pilková0Marian Holienka1Michal Munk2Comenius University in Bratislava, Faculty of Management, Department of Strategy and Entrepreneurship, Odbojarov 10, P.O.Box 95, 820 05 Bratislava, Slovak RepublicComenius University in Bratislava, Faculty of Management, Department of Strategy and Entrepreneurship, Odbojarov 10, P.O.Box 95, 820 05 Bratislava, Slovak RepublicDepartment of Computer Science, Constantine the Philosopher University in Nitra, Tr. A. Hlinku 1, 949 74 Nitra, Slovak RepublicThe phenomenon of business restart, also referred to as second chance, proved to be an integral part of entrepreneurial dynamics. Considering the high level of individual entrepreneurial activity (14.2% in 2011, 10.2% in 2012) accompanied with high discontinuance rate in Slovakia (7.0% in 2011, 4.7% in 2012)1, it is important to further investigate key factors which influence business restart in our country. These findings could unveil what helps to preserve the current entrepreneurial activity, which is besides producing more new entrepreneurs another option to secure self-employment and job creation through individual business activities, with positive impact on economic growth in the country.The main aim of our paper is to analyze the issue of business restart in Slovakia through dynamics measured on individual level and to identify the key drivers of restart activity. These findings represent a good information basis for policy makers helping them better understand the characteristics of business restart phenomenon and develop relevant entrepreneurship policies, as well as for further entrepreneurship research.Our research is primarily based on Slovak Global entrepreneurship Monitor (GEM) 2011 and 2012 individual level data. We applied binominal logistic regression to analyze relationships between business restart and its potential drivers.https://acta.mendelu.cz/61/7/2617/business restartdriversGlobal Entrepreneurship Monitor (GEM)
spellingShingle Anna Pilková
Marian Holienka
Michal Munk
Key business restart drivers in Slovakia
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
business restart
drivers
Global Entrepreneurship Monitor (GEM)
title Key business restart drivers in Slovakia
title_full Key business restart drivers in Slovakia
title_fullStr Key business restart drivers in Slovakia
title_full_unstemmed Key business restart drivers in Slovakia
title_short Key business restart drivers in Slovakia
title_sort key business restart drivers in slovakia
topic business restart
drivers
Global Entrepreneurship Monitor (GEM)
url https://acta.mendelu.cz/61/7/2617/
work_keys_str_mv AT annapilkova keybusinessrestartdriversinslovakia
AT marianholienka keybusinessrestartdriversinslovakia
AT michalmunk keybusinessrestartdriversinslovakia