THE SPECIFICS OF SMALL BUSINESS IN THE CZECH REPUBLIC

Jana Frkova

Abstract:
Small Businesses in the Czech Republic have basic differences between the "standard" in the EU countries. There is a large "density" of enterprises per capita, micro enterprises are characterized by a great unwillingness to employ staff and an unusually large percentage of micro-enterprises are simultaneously engaged in employment here. Moreover, at the time of the favorable growth of the Czech economy, small businesses ate stagnating. The positive news is that in the area of IT, private investors are very interested in investing in young startups.

Keywords:
Small and Medium Enterprises; the Czech Republic; European Union

DOI: https://doi.org/10.14311/bit.2016.02.02

Full text:

APA citation:
JANA FRKOVA (2016). The specifics of small business in the Czech Republic. Business & IT, Vol. VI(2), pp. 10-16, DOI: https://doi.org/10.14311/bit.2016.02.02.

Editorial information: journal Business & IT, ISSN 2570-7434, CreativeCommons license CC BY, published by CTU in Prague, 2016, http://bit.fsv.cvut.cz/