Economic Development and Number of Business Entities

The paper focuses on the development of the Czech economy and the economic entities in the Czech Republic in the years 1990 – 2012. The first, the descriptive part follows the analysis of the development of economic entities and their interdependence on selected macroeconomic quantities represented growth of GDP at constant prices and the General unemployment rate. Special emphasis is placed on the birth and the death of joint-stock companies and limited liability companies. A noticeable increase in the number of economic entities at the time of expansion or significant decrease in a time of recession is not statistically proven.