scholarly journals Innovative entrepreneurship in emerging and developing economies: the effects of entrepreneurial competancies and institutional voids

2021 ◽  
Author(s):  
Amirmahmood Amini Sedeh ◽  
Amir Pezeshkan ◽  
Rosa Caiazza
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Negative Impact ◽  
Institutional Voids ◽  
Developed Economies ◽  
Key Drivers ◽  
Innovation Barriers ◽  
Entrepreneurial Competencies ◽  
Emerging And Developing Countries ◽  
Different Levels

AbstractInnovative entrepreneurship is one of the key drivers of economic development particularly for less developed economies where the economic growth is at the forefront of policymakers’ agenda. Yet, the research on how various factors at different levels interact and bring about innovative entrepreneurship in emerging and developing countries remains relatively scarce. We address this issue by developing a multilevel framework that explains how entrepreneurial competencies attenuate the negative impact of innovation barriers. Our analysis on a sample of individuals from 24 economies, 17 developing and 7 emerging countries, reveals that entrepreneurial competencies become more instrumental for innovative entrepreneurship when general, supply-side, and demand-side innovation barriers are higher. The findings offer unique insights to policymakers particularly in developing countries interested in promoting innovative entrepreneurship and to entrepreneurs and investors seeking to establish and support innovative ventures.

Impact of economic and financial crimes on economic growth in emerging and developing countries

2019 ◽  
Vol 26 (3) ◽  
pp. 910-920 ◽  
Author(s):  
Sani Abubakar Saddiq ◽  
Abu Sufian Abu Bakar
Keyword(s):  
Systematic Review ◽  
Developing Countries ◽  
Negative Impact ◽  
Meta Analysis ◽  
Eligibility Criteria ◽  
Content Type ◽  
Research Reporting ◽  
Financial Crimes ◽  
Emerging And Developing Countries ◽  
The Impact

Purpose The purpose of the study is to investigate the impact of economic and financial crimes on the economies of emerging and developing countries. Design/methodology/approach Preferred Reporting Items for Systematic review and Meta-Analysis (PRISMA) guidelines and meta-analysis of economics research reporting guidelines were used to conduct a quantitative synthesis of empirical evidence on the impact of economic and financial crimes in developing and emerging countries. Findings A total of 103 studies were searched, out of which 6 met the selection/eligibility criteria of this systematic review. The six selected studies indicated that economic and financial crimes have a negative impact in emerging and developing countries. Originality/value To the best knowledge of the authors, no published systematic review of the impact of economic and financial crimes in developing countries has been conducted to date.

scholarly journals Impact of Foreign Direct Investment on Domestic Investment in Developing Countries

2020 ◽  
Vol 6 (9) ◽  
pp. 256-266
Author(s):  
A. Mamatkulov
Keyword(s):  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Developing Economies ◽  
Negative Impact ◽  
Domestic Investment ◽  
Short Term ◽  
Total Investment ◽  
The Impact

Author analyzes the impact of foreign direct investment on domestic investment in host developing countries and checks whether a foreign direct investment has a “positive” or “negative” impact on domestic investment, as well as evaluating the impact of selected variables on this relationship. Using a full sample, the main conclusion of this study is that FDI does have a positive (crowding out) effect on domestic investment in this sample of developing economies. In the short term, an increase in FDI by one percentage point as a percentage of GDP leads to an increase in total investment as a percentage of the host country’s GDP of about 10.7%, while in the long term this effect is about 31% dollar terms, one US dollar represents us 1.7$ of total investment in the short term and us 3.1$ in the long term. Based on the results of this study, it was once again proved that inflation hinders domestic investment in host countries by 0.04% and 0.12% in the short and long term, respectively.

scholarly journals Women Labor Force Participation and Governance in Developing Economies: A Panel Analysis

2019 ◽  
Vol 1 (2) ◽  
pp. 89-102
Author(s):  
Mabrooka Altaf
Keyword(s):  
Developing Countries ◽  
Labor Force ◽  
Labor Force Participation ◽  
Developing Economies ◽  
Negative Impact ◽  
Positive Impact ◽  
Positive Association ◽  
Female Labor Force Participation ◽  
Growth Enhancement ◽  
Female Labor

The current study empirically investigates the relationship among female labor force participation and governance in developing nations, using panel data of 62 developing countries, from year 1996 to 2016. The two variables taken as dependent variables are women labor force participation and governance. Results of GMM estimation showed that there is positive association between women labor force participation and governance. Education, GDP per capita, and globalization has positive, while income inequality has negative impact on governance. Similarly, education, fertility rate and rural population has negative, and globalization has positive impact on female labor force participation. So, it is concluded that the importance of governance and women labor force participation cannot be refused in terms of growth enhancement, which will consequently improve the social and economic conditions of developing countries.

scholarly journals Welfare Impact of Globalization in Developing Countries: Examining the Mediating Role of Human Capital

Economies ◽  
2019 ◽  
Vol 7 (3) ◽  
pp. 84 ◽  
Author(s):  
Olagunju ◽  
Ogunniyi ◽  
Oguntegbe ◽  
Raji ◽  
Ogundari
Keyword(s):  
Developing Countries ◽  
Human Capital ◽  
Mortality Rate ◽  
Child Mortality ◽  
Developing Economies ◽  
Negative Impact ◽  
Unobserved Heterogeneity ◽  
Generalized Method Of Moments ◽  
The Poor ◽  
Child Mortality Rate

Despite remarkable progress in the fight against poverty during the past few decades, the proportion of the poor living in developing countries is still on the high side. Many countries have promoted integration as an important development strategy; however, its impact on welfare of the poor is still unclear. In this study, we examine the roles of education and health dimensions of human capital in globalization and its impact on the poverty gap and the child mortality rate using cross-country panel data covering 110 developing countries between 1970 and 2015. We use a model based on system generalized method of moments (SGMM) to control for unobserved heterogeneity and potential endogeneity of the explanatory variables. The empirical results reveal that globalization reduces poverty gap and child mortality rate, and that an increase in the stock of human capital in developing economies improves welfare outcomes. The study also finds that human capital strengthens the negative impact of globalization on poverty gap and child mortality rate. For example, should enrollment in secondary school in Nigeria (in 2013) be increased from 39.2% to 61.6%, on average, it could translate into 2508 fewer under-five child deaths. We recommend that interconnectedness and promotion of human capital development should constitute a fundamental component of policy mix targeted at enhancing reduction of poverty and child mortality rate in developing countries.

Electronic Commerce Adoption Barriers in Small to Medium-Sized Enterprises (SMEs) in Developed and Developing Countries

2011 ◽  
pp. 1441-1457 ◽  
Author(s):  
Mitra Kartiwi ◽  
Robert C. MacGregor
Keyword(s):  
Developing Countries ◽  
Electronic Commerce ◽  
Developing Economies ◽  
Business Environment ◽  
Developing Economy ◽  
Developed Economies ◽  
The World ◽  
Technical Issues ◽  
Manager Perceptions ◽  
The Relationship

Today, electronic commerce (e-commerce) has been utilised as a rapid vehicle to transform the world into an information society. In the business environment, e-commerce has made considerable inroads not only into large organisations but also the small and medium-sized enterprises (SMEs). However, SMEs are not adopting e-commerce with same speed as their larger counterparts. This slow growth has been attributed to various adoption barriers, which have been well documented in numerous research studies. While several recent studies have begun examining the relationship between the perceptions of adoption barriers in developed economies, the relationship between the perceptions of these barriers has not been fully examined in developing economies. This paper examines the correlation and underlying factors of barriers to e-commerce (as perceived by SME owner/managers) in a developing economy (Indonesia). It then compares these with SME owner/manager perceptions from a developed economy (Sweden). The study showed that there are differences in the groupings and priorities of barriers to e-commerce between the two locations. Most importantly, however, was the finding that while Swedish respondents were more concerned with technical issues, the Indonesian respondents were more concerned with organisational barriers.

Big Data Analytics in Developing Economies

2021 ◽  
pp. 149-166
Author(s):  
Forgor Lempogo ◽  
Ezer Osei Yeboah-Boateng ◽  
William Leslie Brown-Acquaye
Keyword(s):  
Developing Countries ◽  
Big Data ◽  
Data Analytics ◽  
Data Science ◽  
Developing World ◽  
Developing Economies ◽  
Big Data Analytics ◽  
It Infrastructure ◽  
Developed Economies ◽  
The Past

In a world increasingly driven by data, most developed economies are leveraging big data to achieve greater feats in various sectors of their economies. From advertisement, commerce, healthcare, and energy to defense, big data has given new insights into the huge volume of data accumulated over the past few decades that is helping reshape our knowledge and understanding of these sectors. Unfortunately, the same cannot be said about the state of big data in the developing world, where investments in IT infrastructure are dangerously low, keeping huge proportions of the population offline. This chapter discussed the challenges that exist in developing countries, which affect the smooth take-off of big data and data science as well as recommendations as to how countries and companies in the developing world can overcome these challenges to harness the benefits and opportunities presented by this technology.

scholarly journals Antidumping as a Development Issue

2011 ◽  
Vol 11 (3) ◽  
pp. 1850237 ◽  
Author(s):  
Robert M. Feinberg
Keyword(s):  
Developing Countries ◽  
Trade Policy ◽  
Development Economics ◽  
Developing Economies ◽  
Developed Economies ◽  
Development Issue ◽  
The Past ◽  
Economics Literature ◽  
Antidumping Policy

Antidumping policy was for many years an instrument employed almost exclusively by a small number of developed economies. Over the past 15 years, however, the use of this instrument of trade policy has spread to developing economies, and the overwhelming share of antidumping cases now involve developing countries either as petitioner or as target of these cases. This paper describes these trends in some detail and discusses some implications. A focus of the paper is the absence of discussion in the development economics literature on the topic despite the increasingly important role played by antidumping policy.

scholarly journals Determinants of Foreign Direct Investment in Developed and Developing Countries: Impact of Political Stability

2021 ◽  
Vol 17 (4) ◽  
pp. 1390-1404
Author(s):  
R.I. Vasilyeva ◽  
◽  
O.S. Mariev ◽  
Keyword(s):  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Developing Economies ◽  
Political Stability ◽  
Policy Implications ◽  
Likelihood Method ◽  
Developed Economies ◽  
Development Level ◽  
The Impact

Stable political environment and prominent development of political institutions increase foreign direct investment flows by providing lower risks for investors. However, this impact can vary according to the development of the country. This study aims to investigate the impact of various indicators of political stability on foreign direct investment attraction for different economies distinguished by their development level. Our database includes 66 FDI-recipient countries and 98 FDI-investing countries for the period from 2001 to 2018. By applying the gravity approach and Poisson Pseudo Maximum Likelihood method with instrumental variables (IV PPML), we model bilateral FDI flows, incorporating variables reflecting various aspects of political stability formed by the principal components analysis. Interestingly, we found mixed results regarding the impact of political stability on FDI flows. In particular, political stability indicators were found to be insignificant, when analysing the bilateral FDI flows for the group of developed economies. We obtained similar result for the group of developing economies. However, political stability variables significantly influence FDI flows for countries with different development level, confirming the hypothesis that countries’ development affects bilateral FDI flows. Besides, we discover the significant difference between developed and developing countries referring to FDI-investors. Based on the obtained results, we highlight a few policy implications for developing and developed economies.

scholarly journals Biotechnology and Entrepreneurship in Developed and Developing Countries

2017 ◽  
pp. 39-49
Author(s):  
Shukrah M. ◽  
Abba, U.
Keyword(s):  
Developing Countries ◽  
Developing Economies ◽  
Management Strategies ◽  
Developed Countries ◽  
Developing Nations ◽  
Developed Economies ◽  
The Individual ◽  
Collection Methods ◽  
Distinct Field

Biotechnology entrepreneurship is now associated with a sustained flow of innovations and tools, offering dramatic improvements in human health and a compelling value proposition for health care and agricultural consumers as a result of entrepreneurial orientation being applied. Biotechnology entrepreneurship in developed and developing nations like that of Japan, China, India and that of Nigeria and even some Asian countries is relatively new and distinct field of entrepreneurial endeavors. Most current empirical researches are conducted in the developed economies and cannot be directly extrapolated to the developing economies. This research used a qualitative research method. The data collection methods were interviews, documents review and observations, which improved the quality of the research through data triangulation. In addition, some factors that influence the process of biotechnology entrepreneurship in developed and developing countries were identified as regulation, funding, infrastructure, skills, entrepreneurial and commercialization capabilities, etc. Biotechnology entrepreneurship in developed countries predominantly uses the “system approach” and the “individual approach” in developing nations. The process of biotechnology entrepreneurship in developed countries differs from the process in developing nations due to the differences in the environmental factors that influence biotechnology entrepreneurship, and management strategies, in these economies.

scholarly journals OUTPUT VOLATILITY IMPACTS ON FISCAL POLICY SUSTAINABILITY, CASE OF GEORGIA

2019 ◽  
Vol 4 (8) ◽  
pp. 110-115
Author(s):  
Maia Grigolia
Keyword(s):  
Developing Countries ◽  
Fiscal Policy ◽  
Developing Economies ◽  
Developed Countries ◽  
Output Volatility ◽  
Point Change ◽  
Developed Economies ◽  
Country Analysis ◽  
The Difference ◽  
Fiscal Stabilization

EU Home(current) About Us Services Blog ვაჟა კილაძე Create Posts Title Body The article discusses how fiscal stability affects macroeconomic sustainability and whether stability means strong economic growth in Georgia.The results of the analysis conducted in the article is supported by those numerous studies which indicate that fiscal stabilization reduces output volatility. Based on the existing analysis, we can say that fiscal policy can make a significant contribution to stabilizing output. Fiscal Stability Indicator (FISCO) for Georgia has been calculated and cross-country analysis has been performed. It has been found that fiscal policy contributes more to stabilization of output in developed economies than in transitional markets and developing countries. The fiscal stabilization indicator for Georgia is 0.42 and is statistically significant, which indicates that one percentage point change in output causes 0.42 percentage point change in the total budget balance (as a share of GDP). The FISCO indicator is 0.41 for developed countries and 0.24 for transitional markets and emerging economies. Based on the correlation analysis, it has been revealed that higher fiscal stability is associated with lower output volatility. However, here also, the difference between the groups of developed and transition and developing countries is significant: in developed countries- the relationship between fiscal stabilization and output fluctuation is stronger and sharply negative than in transition and developing economies. More often, fiscal policy is used as a stabilization mechanism when the economy lags behind the desired pace of growth; And are less likely to resort to policy mechanisms when booming. Due to the proven importance of the fiscal stabilization in economic sustainability it can be concluded that the use of fiscal stabilization as a mechanism only in the «black days» can greatly worsen the sustainability of government debt, as governments appear to lack the advantage that they can reduce deficits and create fiscal buffers to better address future negative shocks in times of growth.

Sign in / Sign up

Export Citation Format

Share Document