Thesis (Selection of subject)

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Factors that influence the success of small and medium enterprises: Case study of ICT sector in the Czech Republic

Thesis title in Czech:	Factors that influence the success of small and medium enterprises: Case study of ICT sector in the Czech Republic
Thesis title in English:	Factors that influence the success of small and medium enterprises: Case study of ICT sector in the Czech Republic
Key words:	Success rate, ICT sector, Performance, Market research, Small and medium enterprises
English key words:	Success rate, ICT sector, Performance, Market research, Small and medium enterprises
Academic year of topic announcement:	2011/2012
Thesis type:	diploma thesis
Thesis language:	angličtina
Department:	Institute of Economic Studies (23-IES)
Supervisor:	PhDr. Wadim Strielkowski, M.Sc., Ph.D.
Author:	hidden - assigned by the advisor
Date of registration:	08.06.2012
Date of assignment:	08.06.2012
Date and time of defence:	26.06.2013 00:00
Venue of defence:	IES
Date of electronic submission:	17.05.2013
Date of proceeded defence:	26.06.2013
Opponents:	doc. Bc. Jiří Novák, M.Sc., Ph.D.

Guidelines

This diploma thesis should follow the following structure:

1. Introduction
2. Literature review and state-of-the-art: success of small and medium enterprises
3. Empirical research:
3.1 Questionnaire presentation and description
3.2 Statistical results and data analysis
3.3. Empirical model testing
4. Discussion of main results
5. Conclusion and policy implications

References

[1] KREJČÍ, Martin. Hodnocení významnosti firmy na trhu. Praha, 2011. 73 s. Bakalářská práce (Bc.) Univerzita Karlova, Fakulta sociálních věd, Institut ekonomických studií.
[2] SYNEK M. Nová ekonomika – nové ukazatele. Praha : VŠE, 2008
[3] HOLEČKOVÁ J. Finanční analýza firmy. Praha : Aspi a.s. 2008, 208 s. ISBN 978-80-7357-392-8.
[4] GRÜNWALD R. HOLEČKOVÁ J. Finanční analýza a plánování podniku. Praha : Ekopress s.r.o. 2009, 318 s. ISBN 978-80-86929-26-2.
[5] KISLINGEROVÁ E. HNILICA J. Finanční analýza Krok za krokem. Praha : C. H. Beck 2008, 146 s. ISBN 978-80-7179-713-5.
[6] BABKA, Michael. Kde a jak hledat informace o firmách. 1. vydání. Praha : Management press, 1994, 174 s. ISBN 80-85603-56-X.
[7] KOLLER, Tim. MCKINSEY & COMPANY: VALUATION: Measuring and Managing the Value of Companies. 4th edition. USA: John Wiley & Sons, Inc., 2005. ISBN 10 0-471-70218-8.
[8] STOREY, D. (1994) Understanding the Small Business Sector. London: Routledge.
[9] HANOUSEK, J. and KOCENDA, E. (2004) Tale of the Czech Transition: Understanding the Challenges Ahead. Prague: Charles University in Prague, CERGE and The Economics Institute of The Academy of Sciences of the Czech Republic.
[10] STRIELKOWSKI, W. (2012), Rural micro-enterprises in Polish Transition. Charles University in Prague, Faculty of social sciences
[11] STRIELKOWSKI, W., WASILEWSKI, A. (2011), Daily targeting versus intertemporal substitution - estimating elasticities of labour supply: a case of Polish rural entrepreneurs. Economics and Management, 10 (72): 3-10
[12] HANOUSEK, J., KOCENDA, E. and SVEJNAR, J. (2007). Origin and Concentration: Corporate Ownership, Control and Performance in Firms After Privatization. Economics of Transition, Volume 15(1) 2007, 1-31.
[13] KOCENDA, E. a LIZAL, L., (2003). Český podnik v české transformaci: 1990-2000 (The Czech Firm in Czech Transition: 1990-2000). Academia, Praha.

Preliminary scope of work

Most of the Czech firms are facing to the difficulties of achieving success on their respective markets. Some of them demonstrate more sufficient results than others; other are satisfied with their profitability on the specific return level. On the other side, there are some that need organizational help to cope with their position. These variances are based on the indicators and factors that have a connection with their success rate.
The main goal of this Master thesis is to discover and describe the most significant factors, or rather methods that influence the success of small and medium enterprises (SME) in selected sectors of the Czech economy. The outcomes of this work will be based on the description mentioned above which in turn will be based on the empirical research and own data collection.
Primary source of this thesis will be data set obtained from SME questionnaire form responses and ratios derived from the explored variables.
This diploma thesis will be heavily based on data collection and empirical research. Both exercises will provide the first-hand data and their non-trivial analysis. Survey questionnaires will be constructed to become the source of data that will be further explored and analyzed. Based on the relevant literature review and data analysis, several econometric models (OLS, GLS and GMM) will be devised and applied. The results will enable the author to identify the success factors of Czech SMEs in different sectors of economy, as well as to come up with policy implications for their further development and growth.

Preliminary scope of work in English