Abstract:

While entrepreneurship has been increasingly studied for developed Western countries, entrepreneurship activity in transition economies is still no entirely recognised. This paper contributes to the existing literature by focusing on entrepreneurial activity in regions which faced transition from centrally planned to market economy. The aim of the paper is to study whether entrepreneurial activity in regions with high economic growth is to a different degree responsive to region-specific dimensions than in low developed regions in a transition economy. The analysis of regional dimension of entrepreneurship was done on the example of Polish NUTS-2 regions for 2002-2015 period. Data sources were EUROSTAT and the Statistics Poland. The Ordinary Least Squared regression with robust standard errors was used for hypothesis testing. Durbin-Watson test was used to control for the autocorrelation. The main finding is that depending the level of economic growth, entrepreneurial activity in a transition economy responds heterogeneously to region-specific characteristic. That may offer some practical implications, especially for policymakers, in the processes of supporting entrepreneurial activity in these regions.