Central European Business Review 2018, 7(1):3-13 | DOI: 10.18267/j.cebr.192

“Be or Not To Be”: A Dilemma of Business Policy Support on a Regional Level

Jarmila Šebestová1, Petra Krejčí2, Petr Šiška3
1 Silesian University in Opava, School of Business Administration in Karvina, Karviná, Czech Republic, sebestova@opf.slu.cz
2 Silesian University in Opava, School of Business Administration in Karvina, Karviná, Czech Republic, krejci@opf.slu.cz
3 Silesian University in Opava, School of Business Administration in Karvina, Karviná, Czech Republic, O150627@opf.slu.cz

Regional authorities implement national priorities in business policy according to the current local requirements in their regional development strategy. Unfortunately, their effort to support entrepreneurial spirit and innovations is not as effective as it could be; its tools and institutions are not as well used as they intended. The question arises: where does the problem lie, is it in the means of communication or in the entrepreneurial requirements at the regional level? The main goal of this paper is to demonstrate some of the missing points or the weaknesses of institutional communication. These conclusions are based on a regional study in the Moravian-Silesian Region, Czechia. The paper is based on a quantitative study using a questionnaire-based survey, including 164 respondents – owners of small and medium-sized companies in the Moravian-Silesian Region. It was found that the most important tools for local entrepreneurs were subsidies for job creation and consultancy. A matrix of problems to be solved on the regional level was presented to open wider discussion.

Keywords: Business Policy; Moravian-Silesian region; Regional business support; SME
JEL classification: L53, M13, R58

Received: January 5, 2018; Revised: February 25, 2018; Published: March 31, 2018  Show citation

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Šebestová, J., Krejčí, P., & Šiška, P. (2018). “Be or Not To Be”: A Dilemma of Business Policy Support on a Regional Level. Central European Business Review7(1), 3-13. doi: 10.18267/j.cebr.192
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