Sustainable Entrepreneurship and its Determinants. The Case of Selected Central Eastern European Countries : From the Global Financial Crisis to the COVID-19 Pandemic

• Autorzy: Rafał Matera , Anna Misztal , Magdalena Kowalska

Warianty tytułu

Zrównoważona przedsiębiorczość i jej determinanty. Przypadek wybranych krajów Europy Środkowo-Wschodniej. Od globalnego kryzysu finansowego do pandemii COVID-19

• Języki publikacji: EN

Abstrakty

EN

Sustainable entrepreneurship (SE) is a complex and topical research problem. This article assesses the impact of selected determinants on SE in five Central Eastern European countries (Bulgaria, Croatia, Hungary, Poland and Romania) from 2008 to 2021. Contextual factors, such as macroeconomic stabilization, access to finance, knowledge creation, entrepreneurial capabilities, legal regulations, and environmental index, are analyzed. The article's original contribution to knowledge consists in the construction of an SE indicator and an assessment of the external factors that affect it in the individual countries under investigation. The Correlation Coefficient, Ordinary Least Squares, and the Vector Auto-Regression (VAR) models all demonstrate that external factors significantly impact SE. Moreover, these models show that the relationships between the explained and explanatory variables differ in strength and direction. The results confirm the necessity of coordinating entrepreneurship development policy (EDP) with macroeconomic, financial, and environmental policy. It is essential to use effective economic support tools and have the EU apply more pressure on countries that emit harmful substances. (original abstract)

Zrównoważona przedsiębiorczość (SE) należy do złożonych i aktualnych problemów badawczych. Celem artykułu była ocena wpływu wybranych determinant na SE w pięciu krajach Europy Środkowo-Wschodniej (Bułgarii, Chorwacji, Polsce, Rumunii i na Węgrzech) w latach 2008-2021. Wzięto pod uwagę następujące czynniki: stabilizację makroekonomiczną, dostęp do źródeł finansowania, kreowanie wiedzy, zdolności przedsiębiorcze, regulacje prawne oraz indeks środowiskowy. Wkład do stanu badań polegał na stworzeniu oryginalnego wskaźnika SE i oceny czynników zewnętrznych wpływających na przedsiębiorczość w badanych krajach. Wykorzystane w badaniu współczynniki korelacji, metoda najmniejszych kwadratów oraz model wektorowo-autoregresyjny potwierdziły, że czynniki zewnętrzne znacząco wpływają na SE. Co więcej, modele pokazują różną siłę i kierunek zależności pomiędzy zmiennymi objaśnianymi i objaśniającymi. Wyniki badań potwierdzają konieczność koordynacji polityki rozwoju przedsiębiorczości z polityką makroekonomiczną, finansową i ochrony środowiska. Niezbędne jest również stosowanie skutecznych narzędzi wsparcia gospodarczego oraz większej presji ze strony UE na kraje emitujące szkodliwe substancje. (abstrakt oryginalny)

Słowa kluczowe

EN

Sustainable development; Economic policy; Macroeconomic policy

PL

Rozwój zrównoważony; Polityka gospodarcza; Polityka makroekonomiczna

• Czasopismo: Ekonomista
• Rocznik: 2023
• Numer: nr 4
• Strony: 403--428

Twórcy

autor

Rafał Matera

• Uniwersytet Łódzki

autor

Anna Misztal

• Uniwersytet Łódzki

autor

Magdalena Kowalska

• Uniwersytet Łódzki

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Identyfikatory

DOI

10.52335/ekon/174760