Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017

Although there is a rich debate about entrepreneurship and its impact on economic development, much less is known about the actual levels of entrepreneurial activity. The main aim of the article is, thus, to map the level of entrepreneurial activity in the Czech Republic, its structure, and developm...

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Main Author: Ondřej Dvouletý
Format: Article
Language:English
Published: Elsevier 2019-06-01
Series:Journal of Open Innovation: Technology, Market and Complexity
Subjects:
Online Access:https://www.mdpi.com/2199-8531/5/3/38
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author Ondřej Dvouletý
author_facet Ondřej Dvouletý
author_sort Ondřej Dvouletý
collection DOAJ
description Although there is a rich debate about entrepreneurship and its impact on economic development, much less is known about the actual levels of entrepreneurial activity. The main aim of the article is, thus, to map the level of entrepreneurial activity in the Czech Republic, its structure, and development during the years 2005−2017. The study is based on the secondary data obtained from national structural business statistics, the Global Entrepreneurship Monitor, and the Labour Force Survey. The average rate of entrepreneurial activity in the Czech Republic was 15.2% of the economically active population aged 15−64 years during the analysed period. The activity is dominated by solo-self-employed workers (own-account workers). Job creators represent only 3.2% of the economically active population. Patterns and cohorts of entrepreneurs were identified regarding gender, age, and education. There were 2.5 times more self-employed males compared to females for the past years, and the proportion of job creators is also higher for males. The Czech job creators are on average older (mostly represented in age cohort 40−49 years) compared to solo-self-employed (mainly represented in age cohort 35−44 years) and they have obtained tertiary education to a larger extent. Classification and monitoring of the Czech entrepreneurial activity might serve as an overview for Czech policymakers and regional scholars. Especially from a job creation perspective, it might be very relevant to understand the characteristics of those individuals who employ other workers, aside from themselves. From an international perspective, this study might serve as an inspiration to shed more light on the national levels of entrepreneurship and self-employment.
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spelling doaj.art-cec07112828d49368fa4f479e5aca2012023-12-02T14:21:08ZengElsevierJournal of Open Innovation: Technology, Market and Complexity2199-85312019-06-01533810.3390/joitmc5030038joitmc5030038Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017Ondřej Dvouletý0Department of Entrepreneurship, University of Economics, W. Churchill Sq. 1938/4, 130 67 Prague 3, Czech RepublicAlthough there is a rich debate about entrepreneurship and its impact on economic development, much less is known about the actual levels of entrepreneurial activity. The main aim of the article is, thus, to map the level of entrepreneurial activity in the Czech Republic, its structure, and development during the years 2005−2017. The study is based on the secondary data obtained from national structural business statistics, the Global Entrepreneurship Monitor, and the Labour Force Survey. The average rate of entrepreneurial activity in the Czech Republic was 15.2% of the economically active population aged 15−64 years during the analysed period. The activity is dominated by solo-self-employed workers (own-account workers). Job creators represent only 3.2% of the economically active population. Patterns and cohorts of entrepreneurs were identified regarding gender, age, and education. There were 2.5 times more self-employed males compared to females for the past years, and the proportion of job creators is also higher for males. The Czech job creators are on average older (mostly represented in age cohort 40−49 years) compared to solo-self-employed (mainly represented in age cohort 35−44 years) and they have obtained tertiary education to a larger extent. Classification and monitoring of the Czech entrepreneurial activity might serve as an overview for Czech policymakers and regional scholars. Especially from a job creation perspective, it might be very relevant to understand the characteristics of those individuals who employ other workers, aside from themselves. From an international perspective, this study might serve as an inspiration to shed more light on the national levels of entrepreneurship and self-employment.https://www.mdpi.com/2199-8531/5/3/38entrepreneurial activitymeasuring entrepreneurshiplabour force surveyself-employment rateclassification of entrepreneursCzech Republic
spellingShingle Ondřej Dvouletý
Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017
Journal of Open Innovation: Technology, Market and Complexity
entrepreneurial activity
measuring entrepreneurship
labour force survey
self-employment rate
classification of entrepreneurs
Czech Republic
title Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017
title_full Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017
title_fullStr Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017
title_full_unstemmed Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017
title_short Development of Entrepreneurial Activity in the Czech Republic over the Years 2005–2017
title_sort development of entrepreneurial activity in the czech republic over the years 2005 2017
topic entrepreneurial activity
measuring entrepreneurship
labour force survey
self-employment rate
classification of entrepreneurs
Czech Republic
url https://www.mdpi.com/2199-8531/5/3/38
work_keys_str_mv AT ondrejdvoulety developmentofentrepreneurialactivityintheczechrepublicovertheyears20052017