Economic growth through entrepreneurship: Determinants of self‐employed income across regional economies

Willis, David B.; Hughes, David W.; Boys, Kathryn A.; Swindall, Devin C.

doi:10.1111/pirs.12482

Cited by 21 publications

(14 citation statements)

References 93 publications

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“…Although some empirical studies revealed a negative association between self-employment and income growth (Acs et al, 1994) (Barros & Pereira, 2008, others confirmed that selfemployment has positive impacts not only on income growth (Carpenter & Loveridge, 2017) (González-Sánchez et al, 2020 but also poverty reduction (Goetz et al, 2012), and regional development (Matejovsky et al, 2014). The factors that may cause uncorrelated motion between self-employment and income growth are, e.g., geographic location and education, race, age, and gender (Willis et al, 2020).…”

Section: An Association Between Women Self-employment and Economic Growthmentioning

confidence: 98%

An Influence of Women on ASEAN Economic Growth

Vajrapatkul¹

2021

Proceedings of ‏The 3rd International Conference on Business, Management and Finance

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Supported by the transition of the economy and the increasing of woman's ability and numbers, women have increasingly played a significant role in economic growth. As women have participated more in business and economic activities, they become a part of career and income creation and thus economic growth. Such causalities have been supported by some pieces of evidence produced by previous researches. However, some variables, missing from the previous works, still need to be investigated and confirmed in general. Thus in this work, we incorporated such variables in our study. To meet our objectives, we test the effect of 3 women related variables, namely labour force, life expectancy, and self-employment, on economic growth. We obtained the data of 10 ASEAN countries from the World Bank database which covers the period between 1994 and 2018. The effects of women related variables on economic growth were investigated by a panel regression technique. The results produced from the usual process and cointegration test revealed that the labour force and self-employment had a positive impact on economic growth, while life expectancy had a negative one which can be explained by the U-shape concept. Hence it comes to the suggestions that if the government expects to encourage economic growth, it needs to improve women life expectancy through public investment in women health and education, increase women self-employment by launching public projects for developing business relating skills, and prepare the business and economic environment to support women workforce participation.

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Section: An Association Between Women Self-employment and Economic Growthmentioning

confidence: 98%

An Influence of Women on ASEAN Economic Growth

Vajrapatkul¹

2021

Proceedings of ‏The 3rd International Conference on Business, Management and Finance

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“…Most entrepreneurs choose and stay in their respective businesses even though they have low earnings than in paid employment (Hamilton, 2000). Research studies further reported that it depends on various factors, that is, the individual and nature of the local economies and resource availability (Willis et al, 2019). Some scholars presented a reverse picture of this relationship, particularly in the context of emerging economies.…”

Section: Entrepreneurship and Economic Growthmentioning

confidence: 99%

Entrepreneurial Activity and Economic Growth of BRICS Countries: Retrospect and Prospects

Gaba

2022

The Journal of Entrepreneurship

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Entrepreneurial activity is generally considered to be an important tool for improving economic growth through innovation and employment. The objective of the study was to determine the relationship among economic growth (GDP), entrepreneurial intention (EI), total early-stage entrepreneurial activity (TEA), established business ownership (EBO) rate and high job creation expectation (HJCE) rate. The research design followed a quantitative approach to annual secondary data from 2014 to 2018 for the BRICS countries (Brazil, Russia, India, China and South Africa). The dynamic ordinary least squares model was used to test the relationship among variables. Results indicated that EI is a significant determinant for economic growth. The study added to the prior literature by confirming that EI drives economic growth which can be useful for the policymakers.

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“…The employees whose wages are deprived of economic reason will not be inclined to take any action to improve their labor performance, i.e. they will neither make more efforts in the work here and now, nor spend time, energy and resources on professional self-development [10]. The principle 'each gains according to his needs', no matter how attractive it might be from a humanistic point of view, in no way stimulates the realization of the principle 'each gives according to his abilities' [11].…”

Section: B Grp Per Capita ↔ Per Capita Income and Grp Per One Employed In The Economy ↔ Average Monthly Nominal Wagementioning

confidence: 99%

Human Resource Development Level and Its Interconnection with Regional Economic Situation

Shishkina¹,

Sabetova²,

Lyubavskiy³

2020

Proceedings of the International Conference on Policies and Economics Measures for Agricultural Development (AgroDevEco 2020)

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In this paper, we consider the components that characterize the essence of human potential and a system of indicators reflecting the influence of the level of its development on the state and effectiveness of the socio-economic system of the region. Based on the analysis of empirical data for the Voronezh region, the assumption about the mutual influence of the level of human development and the economic results of the functioning of regional systems is verified. For this purpose, the authors used the characteristic of such pairs of indicators as GRP per capitathe number of economically active population; GRP per capitaincome per capita; GRP per employed in the economy ↔ nominal wage; average life expectancy ↔ number of doctors per 10,000 population; life expectancy ↔ per capita income; GRP per capita ↔ number of students in higher education organizations. The authors concluded that this assumption is in place, but not to the extent that was originally thought. Keywordswages, socio-economic development region the level of human potential, human potential quality, indicators, GRP per capita, number of econbomically active population.

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Economic growth through entrepreneurship: Determinants of self‐employed income across regional economies

Cited by 21 publications

References 93 publications

An Influence of Women on ASEAN Economic Growth

An Influence of Women on ASEAN Economic Growth

Entrepreneurial Activity and Economic Growth of BRICS Countries: Retrospect and Prospects

Human Resource Development Level and Its Interconnection with Regional Economic Situation

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