The influences of personality traits and business barriers on entrepreneurial behaviour have been studied by numerous researchers. However, the mechanisms by which changes in institutional contexts and personality traits affect individuals’ entrepreneurial motivation have not received enough attention from researchers. This paper aims to fill this gap in the literature by examining the joint effects of personality traits and business barriers on one’s motivation to engage in entrepreneurial activity. A structured questionnaire was developed to capture the above linkages. To measure the latent variables, factor and reliability analyses were utilised. To examine the relationships, a regression analysis was performed on a unique dataset of respondents from three counties: Czechia, Hungary, and Serbia. The results show that personality traits positively influence motivation towards entrepreneurship. Furthermore, external barriers (ecological and technological issues), and infrastructure factors positively affect entrepreneurial motivation. From an academic viewpoint, personality traits and motivation to engage in entrepreneurial activity can be nourished by education, highlighting the role of universities in this regard. Our paper’s findings should trigger the interest of policymakers who aim to introduce new instruments or change the existing ones (designing policies) to boost entrepreneurship.

Public debt has diverse effects on GDP varying from country to country and resulting from a number of different factors. This project is dedicated to research the effects of various macroeconomic indicators on GDP, with an emphasis on debt related predictors, using a multiple linear regression model. Findings of this research confirm the hypothesis that country determinants influence the efficiency of public borrowing and its effect on GDP. Surprisingly, no relation between debt crisis, level of government debt and its effect on GDP could be found. On the contrary, private borrowing showed a positive effect on the economy in every country where it resulted statistically significant. Interesting results were achieved concerning the openness of the economy and foreign direct investment. They were unequal, whereas initially supposed to be mostly positive.DOI: http://dx.doi.org/10.5755/j01.em.17.3.2108

Learning, both at institutional and individual level and the ensuing corporate changes are seen as a prerequisite for the success and survival of organizations. Globalization influenced migration and the international spread of students and employees. Students are future's employees of organizations; therefore their skills preparation for future work in a changing international world becomes an important topic. This paper introduces students’ skills assessment in intercultural context in Spain, Portugal, Lithuania, Turkey and Iran