DUHÁČEK ŠEBESTOVÁ, Jarmila, Wu FEIJIE, Zhang LUYAN and Pavla POKORNÁ. Small business sustainability and regional development: lessons learnt from sectoral changes in China and the Czech Republic. Forum Scientiae Oeconomia. Dąbrowa Górnicza: Faculty of Applied Sciences of WSB University, Dąbrowa Górnicza, 2020, vol. 8, No 3, p. 5-31. ISSN 2300-5947. Available from: https://dx.doi.org/10.23762/FSO_VOL8_NO3_1.
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Basic information
Original name Small business sustainability and regional development: lessons learnt from sectoral changes in China and the Czech Republic
Authors DUHÁČEK ŠEBESTOVÁ, Jarmila (203 Czech Republic, guarantor, belonging to the institution), Wu FEIJIE (156 China), Zhang LUYAN (156 China) and Pavla POKORNÁ (203 Czech Republic, belonging to the institution).
Edition Forum Scientiae Oeconomia, Dąbrowa Górnicza, Faculty of Applied Sciences of WSB University, Dąbrowa Górnicza, 2020, 2300-5947.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50204 Business and management
Country of publisher Poland
Confidentiality degree is not subject to a state or trade secret
WWW URL
RIV identification code RIV/47813059:19520/20:A0000294
Organization unit School of Business Administration in Karvina
Doi http://dx.doi.org/10.23762/FSO_VOL8_NO3_1
Keywords in English Small business; region; sustainability; indicators; sectoral change; KOF; Czechia; China; Shanxi region
Tags International impact, Reviewed
Changed by Changed by: doc. Ing. Jarmila Duháček Šebestová, Ph.D., učo 19986. Changed: 10/11/2022 10:56.
Abstract
Changes in regional policy could affect the development and sustain-ability of small businesses, which react to external conditions. The main goal of this paper is to propose a regional system of indicators of an assessment of the business environment. The proposed system of indicators reflects the specifics of regions that have undergone sectoral change. The structure of the paper follows a top-down ap-proach, first describing the national and then the regional context of the chosen, somewhat similar, regions within the selected countries. The paper first describes current analytical results from an overall na-tional evaluation of two different countries (Czechia and China) with selected structurally changed regions. Lastly, it proposes a system of indicators. The systematic part of the paper contains a practical case study from one Czech region to illustrate the examined prob-lems and how to connect business needs with regional policy issues. According to the findings, when an entrepreneur is in daily contact with the local government, the quality of the business environment is very important for each of them to exploit a comparative advantage from the market. Proposals are based on a field survey study of 215 entrepreneurs, conducted in the selected Moravian-Silesian region that has undergone sectoral change similar to Shanxi Province today. The results could be applicable as an example of good practice by means of which to evaluate other regions in the same situation.
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