Role of Companies' Size in Socio-Economic Development of Regions in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F19%3A43917372" target="_blank" >RIV/62156489:43310/19:43917372 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.32910/ep.70.6.2" target="_blank" >https://doi.org/10.32910/ep.70.6.2</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.32910/ep.70.6.2" target="_blank" >10.32910/ep.70.6.2</a>
Alternative languages
Result language
angličtina
Original language name
Role of Companies' Size in Socio-Economic Development of Regions in the Czech Republic
Original language description
The aim of this paper is to investigate socio-economic development drivers of NUTS 3 regions in the Czech Republic. The aim is fulfilled by examination of the relationship between one of the regional development factors - the companies' size structure and the development of the region from both socio and economic views. We derive from the theory of diversification and prior empirical findings, and empirically test the role of companies' size in regional development. We use a balanced dataset of 14 regions covering the years 2000 - 2016 that provides the information about regions' socio-economic performance in terms of GDP and unemployment rate. We hypothesise that unemployment rate in the regions with higher share of small firms is less sensitive to the general trend of the whole economy. However, the higher share of small firms leads to improved regional GDP. Our findings confirm that small firms accelerate economic growth while playing a role of a social stabiliser in Czech regions. Our conclusions could help in designing the regional policy in the Czech Republic.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Ekonomski pregled
ISSN
0424-7558
e-ISSN
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Volume of the periodical
70
Issue of the periodical within the volume
6
Country of publishing house
HR - CROATIA
Number of pages
16
Pages from-to
833-848
UT code for WoS article
000509733800002
EID of the result in the Scopus database
2-s2.0-85080965502