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Title:The impact of economic growth on the dynamics of enterprises : empirical evidence for Slovenia's non-agricultural sector
Authors:ID Močnik, Dijana (Author)
Files:.pdf Organizacija_2010_Mocnik_The_Impact_of_Economic_Growth_on_the_Dynamics_of_Enterprises_Empirical_Evidence_for_Slovenia_s_Non-agricultural.pdf (525,03 KB)
MD5: D70F99F2EC75B8CC2D4AAA62503C407B
 
URL http://www.degruyter.com/view/j/orga.2010.43.issue-4/v10051-010-0015-0/v10051-010-0015-0.xml
 
Language:English
Work type:Scientific work
Typology:1.01 - Original Scientific Article
Organization:FERI - Faculty of Electrical Engineering and Computer Science
Abstract:The aim of this paper was to test the hypothesized U-shaped relationship between economic development and dynamics of enterprises. The dynamics of enterprises is influenced by the achieved economic development. This paper first analyzed the association between the regional gross value added (GVA) growth rate and different measures of enterprises dynamics from Slovenian data from 2000 to 2005. Our graphical analyses indicated that 1) the rate of gross entry and GVA growth rate were linearly and negatively associated; 2) the association between the rate of gross exit and GVA growth rate is best represented by the downward U-shape function (Ç); and 3) a U-shaped association exists between the rate of net entry and GVA growth rate. The size of the impact was estimated using the regression analysis between the net entries as dependent variable and GVA growth as independent variable that showed the best fit. According to the results, 1) economic growth significantly impacts net entries; 2) the hypothesized U-shaped relationship between net entries and economic growth was confirmed as the Slovenian net entries decrease until the GVA growth rate reaches 10% yet increase when the growth in GVA is higher than 10%; and 3) a ‘natural rate’ of entrepreneurship is to some extent governed by ‘laws’ related to the economic growth rate. The results further indicate that the average net entry rate should be increased by 0.787 units (%) as a result of a region's specific environmental factors. This research confirms the theoretical assumptions that have previously been sparsely tested empirically and even rarely supported by results. Therefore, our results represent a contribution to the robustness of the theoretical as well as empirical clarification of the relationship between entrepreneurship and economic development.
Keywords:dynamics of enterprises, firm entries, net entries, economic growth, regression analysis
Publication status:Published
Publication version:Version of Record
Year of publishing:2010
Number of pages:str. 154-164
Numbering:Letn. 43, št. 4
PID:20.500.12556/DKUM-52416 New window
ISSN:1318-5454
UDC:339.9
ISSN on article:1318-5454
COBISS.SI-ID:14287126 New window
DOI:10.2478/v10051-010-0015-0 New window
NUK URN:URN:SI:UM:DK:OJP5GCFN
Publication date in DKUM:10.07.2015
Views:1757
Downloads:261
Metadata:XML DC-XML DC-RDF
Categories:Misc.
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Record is a part of a journal

Title:Organizacija : revija za management, informatiko in kadre
Shortened title:Organizacija
Publisher:Moderna organizacija
ISSN:1318-5454
COBISS.SI-ID:610909 New window

Licences

License:CC BY-NC-ND 4.0, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
Link:http://creativecommons.org/licenses/by-nc-nd/4.0/
Description:The most restrictive Creative Commons license. This only allows people to download and share the work for no commercial gain and for no other purposes.
Licensing start date:10.07.2015

Secondary language

Language:Slovenian
Title:Vpliv gospodarske rasti na dinamiko podjetij : empirična raziskava v slovenskem nekmetijskem sektorju gospodarstva
Abstract:Cilj prispevka je testiranje predpostavke o U obliki povezave med gospodarskim razvojem in dinamiko podjetij. Na dinamiko podjetij vpliva doseženi gospodarski razvoj. V prispevku najprej analiziramo povezavo med regionalno stopnjo rasti bruto dodane vrednosti (BDV) in različnimi merili dinamike podjetij na osnovi slovenskih podatkov v obdobju od leta 2000 do 2005. Grafične analize so pokazale 1) linearno in negativno povezanost med stopnjo vstopov podjetij in stopnjo rasti BDV; 2) da je povezava med stopnjo izstopov podjetij in rastjo BDV najbolje ponazorjena z navzdol obrnjeno funkcijo U oblike (Ç); in 3) da je funkcijska oblika povezanosti med stopnjo neto vstopov podjetij in rastjo BDV U oblike. Obseg vpliva smo ocenili s pomočjo regresijske analize med stopnjo neto vstopov podjetij kot odvisno spremenljivko in rastjo BDV kot neodvisno spremenljivko, ker je bila odvisna spremenljivka s slednjo najbolje pojasnjena. Rezultati kažejo, 1) gospodarska rast statistično značilno vpliva na neto vstope podjetij; 2) pričakovana U oblika povezave med neto vstopi in gospodarsko rastjo je bila potrjena, saj so slovenski neto vstopi padali, dokler ni bila dosežena 10-odstotna rast BDV, in naraščali, ko je bila rast BDV večja od 10%; in 3) ‘naravno stopnjo’ podjetništva do neke mere določa gospodarska rast. Rezultati tudi kažejo, da je bila povprečna stopnja neto vstopov podjetij večja za 0,787 enote (%) in je posledica specifičnih okoljskih dejavnikov regije. Rezultati raziskave potrjujejo teoretične predpostavke, ki so bile doslej empirično testirane le v redkih primerih in še redkeje podprte z rezultati. Zato rezultati pričujoče raziskave prispevajo k boljšemu razumevanju teoretičnih in empiričnih povezav med podjetništvom in gospodarskim razvojem.
Keywords:dinamika podjetij, vstopi podjetij, izstopi podjetij, neto vstopi podjetij, gospodarska rast, regresijska analiza


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  1. Organizacija

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