Socio-Economic Factors influencing Entrepreneurship Development: An Empirical study across the Small & Medium Enterprises of Chennai, State of Tamil Nadu, India

2015 ◽  
Vol 2 (3) ◽  
pp. 89-94 ◽  
Author(s):  
Firdouse Rahman Khan
Keyword(s):  
Tamil Nadu ◽  
Family Type ◽  
Economic Factors ◽  
Entrepreneurial Behavior ◽  
Entrepreneurship Development ◽  
Factors Influencing ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact ◽  
Socio Economic Factors

Entrepreneurship Development makes a powerful impact on the economic development of the country. The success of the entrepreneur depends on the environmental factors such as social, economic, legal, political and technological factors which influence their activities thus leading to successful entrepreneurship. The socio-economic factors are the major key factors influencing the entrepreneurial behavior and operation of the business and thus the need for the study and the due influence. This paper analyzes the impact of socio-economic factors in relevance to entrepreneurship development of Small and Medium Enterprises (SMEs) across Chennai, Tamil Nadu State, India.This paper attempts to explain the infrastructure that has to be developed in order to cultivate the quality of leadership among potential enterprising young men. Attempts are being made to inculcate the spirit of entrepreneurship. Our empirical results reveal that most of the selected entrepreneurs of SMEs perceive the relevance of these factors to the highest degree. They are tempted to enter the entrepreneurship sector because of the perceived opportunities available to make an appreciable profit.The study also reveals that the factors which are not considered to be of high importance in the bygone days, such as Education, Religion, Previous Experience, Family Type and Legal Status have a significant influence on the entrepreneurial behavior and the operational performance of the selected SMEs’ business, in the recent period. Thus, there exists a necessity for the Government and the related sponsoring institutions to look into these factors and encourage the young entrepreneurs who in turn will render their full support towards national economy.

scholarly journals Socio-economic Factors Influencing the Development of Renewable Energy Production Sector in Poland

2021 ◽  
Vol 24 (1) ◽  
pp. 38-54
Author(s):  
Tadeusz A. Grzeszczyk ◽  
Waldemar Izdebski ◽  
Michał Izdebski ◽  
Tadeusz Waściński
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
Hard Coal ◽  
Economic Factors ◽  
Eu Law ◽  
Factors Influencing ◽  
Level Ii ◽  
Renewable Energy Production ◽  
The Impact ◽  
Socio Economic Factors

Poland is not one of the leaders in the use of renewable energy sources (RES), and most energy is still produced using hard coal and lignite. Therefore, there are noteworthy emissions of air pollution (including ashes and greenhouse gases), and the Polish energy sector is characterized by a substantial degree of carbonization, which, as a result, threatens to expressively increase the costs of electricity production, leading to financial penalties imposed by the EU. The aim of this paper is to analyze socio-economic factors influencing the development of the RES sector in Poland. According to this aim, expert research was carried out, in which the factors influencing development potential of RES were assessed at two levels (level II – 5 factors, level III – 15 factors) according to the factor tree analysis. Based on the analysis of the level II factors, it can be concluded that the development of the RES sector in Poland will depend to a decisive extent on factors such as: EU decisions and Polish legislation affecting the development of the RES sector in Poland, prices and availability of conventional energy carriers. Other two factors – regional policy on ecology and ecological awareness in Poland – have so far little impact on the development of this sector in the state. The analysis of the level III factors shows that the greatest impact on the development of the RES sector in Poland is the influence of European lobbying of manufacturers of machinery and equipment for renewable energy production on EU law, the impact of Polish lobbying of conventional energy producers on Polish law in the production of renewable energy and the influence of European lobbying of renewable energy producers into EU law.

scholarly journals Investigating the Relationships between Renewable Energy Consumption, Socio-Economic Factors and Health: A PVAR Analysis from MENA Net Oil Importing Countries

2021 ◽  
Vol 14 (1) ◽  
pp. 151
Author(s):  
Mohamed Kadria ◽  
Sahbi Farhani ◽  
Yosr Guirat
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Policy ◽  
Good Governance ◽  
Economic Factors ◽  
Renewable Energy Consumption ◽  
The Government ◽  
The Impact ◽  
Socio Economic Factors

In this paper, we tried to contribute to the previous literature by analyzing the relationship between renewable energy consumption, socio-economic factors and health in the presence of a stringent environmental policy and lobbying power. Using a Panel Vector Auto-Regressive (PVAR) technique, we specifically examine the role of the government effectiveness and the lobbying pressure in moderating the impact of renewable energy consumption on CO2 emissions, economic growth and health factor considering the case of Middle East and North Africa (MENA) Net Oil Importing Countries (NOICs) from 1996 to 2019. Our analysis shows that (i) environmental policy stringency and good governance will induce a rise in the level of renewable energy consumption; (ii) lobbying power and interest groups discourage the renewable energy sector’s development since the add in economic growth of these economies is not oriented towards renewable energy projects; (iii) a rise in renewable energy consumption, perhaps generated by renewable energy policies, should favor the improvement of public health. Finally, the political implications of the findings are summarized and discussed.

scholarly journals Policies and Socio-economics influencing on Agricultural Production: A Case Study on Maize Production in Bokeo Province, Laos.

2012 ◽  
Vol 2 (1) ◽  
pp. 70 ◽  
Author(s):  
Boundeth Southavilay ◽  
Teruaki Nanseki ◽  
Shigeyoshi Takeuchi
Keyword(s):  
Agricultural Land ◽  
Least Square ◽  
Rapid Expansion ◽  
Farm Size ◽  
Economic Factors ◽  
Production Volume ◽  
Maize Production ◽  
The Government ◽  
The Impact ◽  
Socio Economic Factors

<p>Since 2005s, agricultural land in northern Laos has become to be dominated by maize mono-cropping. The rapid expansion of this commercial crop has the resulted of policy implementations and demand of maize from the neighboring countries. The purpose of this study was aim to analyze the impact of commercial agricultural policy and socio-economic factors influencing on maize production in Houyxai Distirct, Bokeo Province of Laos. A survey of 98 maize farmers by face to face interviews was conducted in September 2010. Ordinary Least Square regression model was applied in order to explain how these policies and socio-economic factors effect to farmers and contribute to maize production. The results revealed that 94% of the variation in maize production (ton) is explained by the selected explanatory variables. Seven variables have a positive significant and one variable has a negative effect on maize production volume. The results also demonstrated that the most important effect to maize production is a “policy push” mainly variables of farmland, farmer organization, support market and credit access and a “market pull” by private sectors with providing input factors namely seeds, land preparation and techniques. Therefore, the government should look at the way of credit providing system that may effect in high production cost, at the same time the expansion of farm size is needed to take into account.</p>

To Analyze The Impact Of Political, Social, Economic And Technological Factors Characteristics In Access To Finance For SME In Chennai

2019 ◽  
Vol 118 (9) ◽  
pp. 487-494
Author(s):  
Uma Mageswari T ◽  
Bhuvaneswari. G
Keyword(s):  
Financial Institutions ◽  
Social Economic ◽  
Economic Factors ◽  
Access To Finance ◽  
Technological Factors ◽  
Smooth Flow ◽  
Medium Enterprises ◽  
Small Industries ◽  
The Impact ◽  
Socio Economic Factors

SME,acronym forSmall and Medium Enterprises has since been modified into MSME after introduction of MSMED Act 2006.  According to this Act, MSME stands for Micro, Small, Medium Enterprises.Development Corporation Limited are non-financial institutions to support small industries in addition to ensuring financial support through various financial institutions.  Government of India is ensuring adequate credit flow support to small industries.  However, there are some limitations, restrictions in getting adequate finance to the small industries.  Various socio economic factors play a major role in smooth flow of credit to the small industries. This article analyses the socio economic factors in credit out flow to small industries in Chennai.

scholarly journals Socio-Economic Factors Influencing Youth Participation in Local Government Planning and Budgeting in Iringa Municipality

2021 ◽  
pp. 54-62
Author(s):  
Paul Balivumu Mpwehwe
Keyword(s):  
Local Government ◽  
Youth Participation ◽  
Economic Factors ◽  
The Past ◽  
Factors Influencing ◽  
Government Planning ◽  
The Government ◽  
Mixed Approach ◽  
The Right ◽  
Socio Economic Factors

This study focused at exploring the socio-economic factors influencing youth participation in planning and budgeting in Local Government Authorities (LGA) in Iringa Municipal Council. The study employed a mixed approach where data were collected through questionnaires and interviews. Findings from the study indicated that the youth did not participate in any activity in their LGA in the past three years whereby it was only 31(19.1%) of the youth respondents who participated in at least one of the local government activities in the past three years. Findings further indicated more male participation in planning and budgeting than female. On the other hand findings revealed that education has influence on youth participation in planning and budgeting whereby the more educated youth participated more than none educated youth. Based on the findings, it was concluded that there was an information gap between leaders and youth especially on local government planning and budgeting; hence the study recommended for creation of awareness on the right of the youth to participate in planning and budgeting. The study also recommended regular meetings with the youth in the wards/ streets to hear out their challenges and needs. Furthermore, the study urged the government to use youth friendly tools to create awareness to the youth on planning and budgeting processes and opportunities available in their locality and how they can tap into that pool of opportunity.

Impact of Elected Women Representatives of Panchayati Raj in Physical and Financial and Business Assets Development of Rural Women: A Study among the Rural Women’s of Tiruvannamalai District, Tamil Nadu[1]

2017 ◽  
Vol 4 (24) ◽  
Author(s):  
Kalaichelvi Sivaraman ◽  
Rengasamy Stalin
Keyword(s):  
Rural Women ◽  
Rural Areas ◽  
Urban Areas ◽  
Direct Democracy ◽  
Tamil Nadu ◽  
Local Level ◽  
Rural And Urban Areas ◽  
The Government ◽  
The Impact ◽  
Panchayati Raj

This research paper is the part of Research Project entitled “Impact of Elected Women Representatives in the Life and Livelihood of the Women in Rural Areas: With Special Reference to Tiruvannamalai District, Tamil Nadu” funded by University of Madras under UGC-UPE Scheme.The 73rd and 74th amendments of the Constitution of India were made by the government to strengthen the position of women and to create a local-level legal foundation for direct democracy for women in both rural and urban areas. The representation for women in local bodies through reservation policies amendment in Constitution of India has stimulated the political participation of women in rural areas. However, when it’s comes to the argument of whether the women reservation in Panchayati Raj helps or benefits to the life and livelihood development of women as a group? The answer is hypothetical because the studies related to the impact of women representatives of Panchayati Raj in the life and livelihood development of women was very less. Therefore, to fill the gap in existing literature, the present study was conducted among the rural women of Tiruvannamalai district to assess the impact of elected women representatives in the physical and financial and business development of the women in rural areas. The findings revealed that during the last five years because of the women representation in their village Panjayati Raj, the Physical Asset of the rural women were increased or developed moderately (55.8%) and Highly (23.4%) and the Financial and Business Asset of the rural women were increased or developed moderately (60.4%) and Highly (18.7%).

scholarly journals Analysing spatial interdependence among the 2011 Thailand flood-affected small and medium enterprises for reduction of disaster recovery time period

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Shubham Pathak ◽  
Jorge Chica Olmo
Keyword(s):  
Disaster Recovery ◽  
Small And Medium Enterprises ◽  
Spatial Econometric ◽  
Middle Income ◽  
Management Planning ◽  
Accurate Perception ◽  
The Government ◽  
Medium Enterprises ◽  
Disaster Management Planning ◽  
The Impact

AbstractNatural disasters have been a significant hurdle in the economic growth of middle-income developing countries. Thailand has also been suffering from recurring flood disasters and was most which are severely affected during the 2011 floods. This paper aims to identify the various factors that impact the speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand, and how it is related to its speed decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand each of the chosen factors’ impact. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level. The absence of accurate perception of actual risk, flood insurance and disaster management planning before the 2011 floods had contributed to the severity of the impacts during the 2011 floods.

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