Evaluation of the Performance of SMEs in the Context of Regional Development

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F24%3A43925224" target="_blank" >RIV/62156489:43310/24:43925224 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.62222/RIOX8892" target="_blank" >https://doi.org/10.62222/RIOX8892</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.62222/RIOX8892" target="_blank" >10.62222/RIOX8892</a>

Result language

angličtina

Original language name

Evaluation of the Performance of SMEs in the Context of Regional Development

Original language description

Research background: Regional development of the European territory is becoming a key priority area and thus arouses interest in analyzes of the impact of development not only of business activities on economic competitiveness. Entrepreneurship is an important part of every country&apos;s economic system and has important implications for the growth of society. The paper focuses on the possibility of identifying the determinants of regional competitiveness of the manufacturing industry with a focus on defining their impact on SME performance, in the sense of EVA in the programming period 2014-2020. Purpose of the article: The presented paper focuses on the performance of companies in the Czech economy in connection with the reflection of national regional policy documents. Purpose of the article is to evaluate the economic performance of small and medium-sized enterprises in the manufacturing industry in connection with the level of development of the regions in the Czech Republic in which they are located. Methods: The evaluation of the achieved level of regional development is performed at the level of regions and administrative districts of municipalities with extended powers. Through multidimensional regression modelling, the determinants of regional development disparities are identified with a focus on defining their impact on the performance of small and medium-sized enterprises expressed by the economic value added (EVA) indicator. Findings &amp; Value added: Public sector expenditure on science and research was evaluated as the most important parameter of regional disparities, which explains the economic performance of companies. Based on the achieved results, measures are proposed for the cultivation of the business environment for the next programming period. The contribution is the proposals for the formulation of regional policy with a focus on the segment of small and medium-sized enterprises.

Czech name

—

Czech description

—

Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Business Sectors

ISSN

2989-3445

e-ISSN

2989-3445

Volume of the periodical

2

Issue of the periodical within the volume

1

Country of publishing house

SK - SLOVAKIA

Number of pages

14

Pages from-to

47-60

UT code for WoS article

—

EID of the result in the Scopus database

—