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Empirical Investigation for Assessing the Causality of Entrepreneurship Ecosystem With Entrepreneurial Behavior and Attitudes Across Countries

Empirical Investigation for Assessing the Causality of Entrepreneurship Ecosystem With Entrepreneurial Behavior and Attitudes Across Countries

Ajay Kumar Singh, Bhim Jyoti
Copyright: © 2024 |Pages: 39
ISBN13: 9781668487488|ISBN10: 1668487489|ISBN13 Softcover: 9781668487495|EISBN13: 9781668487501
DOI: 10.4018/978-1-6684-8748-8.ch012
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MLA

Singh, Ajay Kumar, and Bhim Jyoti. "Empirical Investigation for Assessing the Causality of Entrepreneurship Ecosystem With Entrepreneurial Behavior and Attitudes Across Countries." Cases on the Interplay Between Family, Society, and Entrepreneurship, edited by Ethel Ndidiamaka Abe and Isaac Idowu Abe, IGI Global, 2024, pp. 315-353. https://doi.org/10.4018/978-1-6684-8748-8.ch012

APA

Singh, A. K. & Jyoti, B. (2024). Empirical Investigation for Assessing the Causality of Entrepreneurship Ecosystem With Entrepreneurial Behavior and Attitudes Across Countries. In E. Abe & I. Abe (Eds.), Cases on the Interplay Between Family, Society, and Entrepreneurship (pp. 315-353). IGI Global. https://doi.org/10.4018/978-1-6684-8748-8.ch012

Chicago

Singh, Ajay Kumar, and Bhim Jyoti. "Empirical Investigation for Assessing the Causality of Entrepreneurship Ecosystem With Entrepreneurial Behavior and Attitudes Across Countries." In Cases on the Interplay Between Family, Society, and Entrepreneurship, edited by Ethel Ndidiamaka Abe and Isaac Idowu Abe, 315-353. Hershey, PA: IGI Global, 2024. https://doi.org/10.4018/978-1-6684-8748-8.ch012

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Abstract

This chapter measures the causal association of the entrepreneurship ecosystem (EE) with entrepreneurial behavior and attitudes (EBA) in 47 countries using log-linear regression equations. Entrepreneurship ecosystem index (ENECIN) and entrepreneurial behavior and attitudes index (ENBEATIN) are used as representative variables for EE and EBA, respectively, in regression analysis while ENECIN and ENBEATIN are the composite indexes of 12 and 11 indicators, respectively, using principal component analysis. These indicators are reported as key determinants of EE and EBA as per the global entrepreneurship monitor (GEM). There was a high level of diversity in EE and EBA across countries. EE has a positive impact on EBA and vice versa. The causation of EE and EBA with control variables is detected using the Granger causality test. The findings of this chapter are beneficial for global policymakers to implement appropriate policies to reinforce EE and EBA.

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