Conditions for Development of Entrepreneurship in Regions of Visegrad Group Countries

Abstract

The aim of this paper is to analyse and evaluate the directions of changes in the development of entrepreneurship in the regions of the Visegrad Group countries, i.e., the Czech Republic, Poland, Slovakia and Hungary, in the period 2004-2018. We carried out research using an entrepreneurship model based on the Global Entrepreneurship Monitor (GEM) methodology. The literature analysis made it possible to formulate the main research hypothesis, which states that the factors of entrepreneurship development in this period had a different impact on the establishment of enterprises at the level of regions in the Visegrad Group countries. Assigning individual regions of these countries to entrepreneurship classes in the investigated years showed significant differences, which means that the NUTS 2 regions of the Visegrad Group countries differ significantly in terms of entrepreneurship development conditions.