Business Restart in Visegrad Countries

The  main  goal  of  our  paper  is  to  analyse  business  restarts  in  Visegrad countries  on  an  individual  level  and  to  identify  key  drivers  of  restart  activity  from among perceptual variables. The  analysis  is  based  on  Global  Entrepreneurship Monitor data. We employ descriptive...

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Main Authors: Marian HOLIENKA, Anna PILKOVÁ, Michal MUNK
Format: Article
Language:English
Published: Cracow University of Economics 2014-03-01
Series:Entrepreneurial Business and Economics Review
Subjects:
Online Access:http:////eber.uek.krakow.pl/index.php/eber/article/view/35
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author Marian HOLIENKA
Anna PILKOVÁ
Michal MUNK
author_facet Marian HOLIENKA
Anna PILKOVÁ
Michal MUNK
author_sort Marian HOLIENKA
collection DOAJ
description The  main  goal  of  our  paper  is  to  analyse  business  restarts  in  Visegrad countries  on  an  individual  level  and  to  identify  key  drivers  of  restart  activity  from among perceptual variables. The  analysis  is  based  on  Global  Entrepreneurship Monitor data. We employ descriptive statistics to analyse the quantitative aspect of business restart and regression modelling to identifyits drivers. Our  findings  proved  that  business  discontinuation  and consequent  restart are  both  integral  parts  of  entrepreneurship  in  V4  countries.  Entrepreneurial  selfefficacy and fear of failure, together with gender andage, proved to have a significant relationship with individual restart activity. The  individual  perceptual  variables  as components of entrepreneurial potential, as well as the issue of inclusiveness, proved to play an important role in business restart. Our  study  is  the  first  comprehensive  analysis  of  the under-researched topic of business restart in the V4 region. In addition to highlighting its importance as an integral part of entrepreneurial dynamics in V4 countries, it also identifies individual-level drivers of this specifictype of entrepreneurial activity.
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spelling doaj.art-bacbf493bc7b4529875f49006086fccf2022-12-22T00:34:29ZengCracow University of EconomicsEntrepreneurial Business and Economics Review2353-883X2353-88212014-03-0121374810.15678/EBER.2014.02010435Business Restart in Visegrad CountriesMarian HOLIENKA0Anna PILKOVÁ1Michal MUNK2Comenius University in BratislavaUniversity of Economics in BratislavaConstantine the Philosopher University in NitraThe  main  goal  of  our  paper  is  to  analyse  business  restarts  in  Visegrad countries  on  an  individual  level  and  to  identify  key  drivers  of  restart  activity  from among perceptual variables. The  analysis  is  based  on  Global  Entrepreneurship Monitor data. We employ descriptive statistics to analyse the quantitative aspect of business restart and regression modelling to identifyits drivers. Our  findings  proved  that  business  discontinuation  and consequent  restart are  both  integral  parts  of  entrepreneurship  in  V4  countries.  Entrepreneurial  selfefficacy and fear of failure, together with gender andage, proved to have a significant relationship with individual restart activity. The  individual  perceptual  variables  as components of entrepreneurial potential, as well as the issue of inclusiveness, proved to play an important role in business restart. Our  study  is  the  first  comprehensive  analysis  of  the under-researched topic of business restart in the V4 region. In addition to highlighting its importance as an integral part of entrepreneurial dynamics in V4 countries, it also identifies individual-level drivers of this specifictype of entrepreneurial activity.//eber.uek.krakow.pl/index.php/eber/article/view/35entrepreneurshipdiscontinuationrestartrestart driversGlobal Entrepreneurship Monitor (GEM)
spellingShingle Marian HOLIENKA
Anna PILKOVÁ
Michal MUNK
Business Restart in Visegrad Countries
Entrepreneurial Business and Economics Review
entrepreneurship
discontinuation
restart
restart drivers
Global Entrepreneurship Monitor (GEM)
title Business Restart in Visegrad Countries
title_full Business Restart in Visegrad Countries
title_fullStr Business Restart in Visegrad Countries
title_full_unstemmed Business Restart in Visegrad Countries
title_short Business Restart in Visegrad Countries
title_sort business restart in visegrad countries
topic entrepreneurship
discontinuation
restart
restart drivers
Global Entrepreneurship Monitor (GEM)
url http:////eber.uek.krakow.pl/index.php/eber/article/view/35
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