Would entrepreneurs have started their businesses even without receiving public support? Reflection on the Czech programme START

Autor: Jakub Machalický, Adam Hanuš, David Forman, Ondřej Dvouletý, Robin Havlíček, Ladislav Kinda
Jazyk: čeština
Rok vydání: 2018
Předmět:
Popis: Příspěvek vznikl s podporou projektu IGA FPH VŠE v Praze č. IP300040. The study was focused on the Czech public programme START that was implemented in the EU Programming period 2007-2013 as a part of the Operational Programme Enterprise and Innovation (OPEI). The main aim of the programme START was to support new entrepreneurs through the financial instruments. The objective of the presented study was to ex-post investigate, whether the supported entrepreneurs would have started their business even without receiving the public support. As for the empirical strategy, the survey among the supported entrepreneurs was conducted between November and December 2017. The survey´s response rate was 24%. The obtained results have showed that more than 75% of the supported entrepreneurs would have started their businesses even without the public intervention. At the same time, the most of the supported entrepreneurs found the programme helpful as a tool to overcome the problems of the financial gap and information asymmetry on the financial markets. From the regional perspective, it has been shown that the programme was not implemented most frequently in the regions struggling with higher unemployment rates. According to the obtained findings, the programme was also not the initial starter of the business activity. Nevertheless, the presented findings are limited by the obtained esponse rate and by the potential threat of retrospective bias. However, if the policymakers want to further mitigate the regional disparities in the Czech Republic through fostering entrepreneurship, then changes in the programme settings in the forthcoming programming period need to be discussed. The future research should also investigate the role of motivation for getting public support.
Databáze: OpenAIRE