Impact of the state on business environment-sectoral analysis

Abstract

The main aim of the paper is to research the differences in perception and evaluation impact of the country on macroeconomic business environment on the basis of a sector in which the entrepreneur is running a business. Differences in perception and evaluation of entrepreneurial support from the state on the basis of a sector, in which the company is established, are analyzed using the cases of the Slovak and Czech Republic. Correspondence analysis is applied, while exploratory technique has been designed to examine the data with the aim to reduce dimensionality. Correspondence analysis provides a measure of correspondence between the explored dimensions – the categorical variables. This technique is widely applied incases when graphical output is clearer than numeric output. The outcome of correspondence analysis is presented in a form of a two-dimensional diagram. Out of 641 collected questionnaires, 329 were from the Slovak Republic and 312 were from the Czech Republic. The dataset consists of 492 micro companies, 114 small companies and 35 medium-sized companies. The Slovak Republic and the Czech Republic are compared in relation to four statements that form entrepreneurial support from the state's view. The first correspondence map looks for the relation between these dimensions. Generally, the respondents from the Czech Republic demonstrate more agreement than the respondents from the Slovak Republic. The share of total inertia described by individual correspondence maps oscillates about 80%. © Foundation of International Studies, 2017.