scholarly journals Entrepreneurial finance and its impact on e-business

2017 ◽  
Vol 15 (3) ◽  
pp. 24-41 ◽  
Author(s):  
Asma Salman ◽  
Sundus Jamil
Keyword(s):  
Entrepreneurial Intention ◽  
Point Of View ◽  
Entrepreneurial Activity ◽  
Entrepreneurial Finance ◽  
Policy Makers ◽  
Economic Point ◽  
Doing Business ◽  
Barriers To Employment ◽  
Ease Of Doing Business ◽  
It Knowledge

Entrepreneurial activity is important not just from an economic point of view but it also recognizes the power and value of an individual. In a developing country like Pakistan that ranks high when it comes to ease of doing business but very low in entrepreneurship, alternatives must be devised to empower individuals socially and economically. The Pakistani women being empowered than ever before have to be paid special attention to in case of entrepreneurship. The current study is thus aimed at assessing the e-business related entrepreneurial finance and potential of women doing e-business. E-business helps women overcome many traditional barriers to employment and entrepreneurship. Using Theory of Planned behavior and entrepreneurship models, a framework for assessing e-business and seeking entrepreneurial finance alternatives is developed. Unlike the previous theories which suggested eight variables the current study found that for e-business entrepreneurs only perceived propensity, desirability, feasibility, motherhood, management and meso and macro environment are significant. Besides money, market and management which are important for starting any business, IT knowledge is important. The results based on regression analysis suggest that the model fits well as it predicts value of the entrepreneurial intention at 95% with a 5% significance value. Based on the findings of the study a new model for assessment of e-business entrepreneurial intention is developed which includes all significant variables and IT knowledge as a moderating variable. Based on this assumption, there is a clear implication for the policy makers to stress IT literacy to encourage entrepreneurial activity.

scholarly journals ACTUALIZATION OF PROBLEMS AND NOVELS OF THEORETICAL AND LEGAL SEGMENTS OF CERTAIN BANKRUPTCY PROCEDURES

2020 ◽  
Vol 73 ◽  
pp. 87-94
Author(s):  
Vitaliy Kadala ◽  
◽  
Olena Guzenko ◽  
Keyword(s):  
Business Environment ◽  
Point Of View ◽  
Entrepreneurial Activity ◽  
Main Task ◽  
Doing Business ◽  
Management Measures ◽  
Legislative Regulation ◽  
Definition Of ◽  
Design Options ◽  
Legal Entities

The article is devoted to the issues of actualization of problems and novelties in the context of theoretical and legal segments of the bankruptcy procedure. The activities of economic entities are influenced by external and internal factors, but the issues of their solution remain in most cases in the discussions of politicians, scientists and representatives of the business environment. The effectiveness of legal entities has recently proved that the application of bankruptcy proceedings has intensified. However, remediation issues do not always have and receive adequate support. The consequence of these phenomena is the cessation of activities not only of small and medium-sized businesses, but also of individual large businesses. The main task of modern enterprises on the verge of bankruptcy is to develop tools and tools that allow to predict and analyze potential crises, to design options for their resolution and the appropriate information and economic base of management. Practical entrepreneurial activity proves that a number of issues remain unresolved and need more in-depth research and attention. This phenomenon indicates the modernity and relevance of the study given the realities of the functioning of legal entities. The article draws attention to the legislative regulation of bankruptcy procedures, identifies the priorities of legislative initiatives. The question of the scientific position of scientists concerning the characteristic of the conceptual categories "bankruptcy" and "remediation" is investigated. The author's vision of the essential characteristics of these categories is given, the substantiation of expediency of their adaptation in activity of domestic enterprises is given. A package of anti-crisis management measures has been developed taking into account the current realities of doing business. Proposals for improving the legislative regulation from the standpoint of reorganization procedures are presented. The development, approval and adaptation of the "Regulations on the stages of remediation" is proposed. From the author's point of view, it is expedient to include in the structure of the legislative regulator: conceptual apparatus for reorganization procedure, definition of methods and techniques of evaluation of clearly defined criteria with establishment of their normative limits, coverage of monitoring procedures.

On the Road to SME Sector Development in Bangladesh

2019 ◽  
pp. 480-499
Author(s):  
Syed Abidur Rahman ◽  
Noor Hazlina Ahmad ◽  
Seyedeh Khadijeh Taghizadeh
Keyword(s):  
Economic Development ◽  
Literature Review ◽  
Secondary Data ◽  
Point Of View ◽  
Policy Makers ◽  
Economic Point ◽  
The Road ◽  
Multidisciplinary Study ◽  
The Social ◽  
On The Road

Entrepreneurship has been deliberated as multidimensional and multidisciplinary study. From the economic point of view entrepreneurship is the central force for economic development for any nation. Scholars and policy makers now have started to see entrepreneurship as panacea for inclusive growth. Entrepreneurships are most widely popular and discussed area. Study on small and medium sized enterprises (SMEs) has been maturing for the last decade as it has been regarded as significant player for the social development along with the economic development. In Bangladesh, SMEs account for a large proportion of the total establishments in various sectors. Considering the importance of the SME sector in Bangladesh, this study intends to explore and sketch-out the landscape of current SME setting in Bangladesh. With this aim the study has extensively carried out literature review, observed and understood the secondary data obtained from various organizations, and finally presented a policy driven recommendation (micro and macro level) which would enable to develop the SME sector in a developing country like Bangladesh.

scholarly journals Determinants of Entrepreneurial Intention among University Students: Case of Albania

2015 ◽  
Vol 2 (2) ◽  
pp. 176 ◽  
Author(s):  
E. Garo ◽  
V. Kume ◽  
S. Basho
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
University Students ◽  
Business Plan ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Activity ◽  
Policy Makers ◽  
Factors Influencing ◽  
Entrepreneurial Activities

<p>In Albania, during the last decades entrepreneurship has been in focus. It is commonly agreed that developing entrepreneurship in the long term would be translated into sustainable economic development. Albanian economy, being an economy in transition greatly and urgently needs to invest into increasing the number of entrepreneurs in the country. Entrepreneurial intention is considered to be really important. Thus, the purpose of this paper is to observe the determinants of entrepreneurial intention in Albania. The target is university students. Many programs that foster entrepreneurship such as incubator centers, business plan competitions along with new educational practices have been developed. In addition, even though studies conducting in this field are few, Albanian education institutions have shown a willing to study the factors influencing entrepreneurship development. The reason is the belief that developing and supporting entrepreneurial activities among youth will positively influence the economy of the country in terms of economic growth.</p><p>This study widely represents the Albanian students and shows the deteminants of entrepreneurial intention they have. Hopefully the findings of this study would be useful to the policy makers and the Albanian government to undertake effective policies focused on entrepreneurial activity; targeting economic development of the country. </p>

On the Road to SME Sector Development in Bangladesh

2017 ◽  
pp. 117-136 ◽  
Author(s):  
Syed Abidur Rahman ◽  
Noor Hazlina Ahmad ◽  
Seyedeh Khadijeh Taghizadeh
Keyword(s):  
Economic Development ◽  
Literature Review ◽  
Secondary Data ◽  
Point Of View ◽  
Policy Makers ◽  
Economic Point ◽  
The Road ◽  
Multidisciplinary Study ◽  
The Social ◽  
On The Road

Entrepreneurship has been deliberated as multidimensional and multidisciplinary study. From the economic point of view entrepreneurship is the central force for economic development for any nation. Scholars and policy makers now have started to see entrepreneurship as panacea for inclusive growth. Entrepreneurships are most widely popular and discussed area. Study on small and medium sized enterprises (SMEs) has been maturing for the last decade as it has been regarded as significant player for the social development along with the economic development. In Bangladesh, SMEs account for a large proportion of the total establishments in various sectors. Considering the importance of the SME sector in Bangladesh, this study intends to explore and sketch-out the landscape of current SME setting in Bangladesh. With this aim the study has extensively carried out literature review, observed and understood the secondary data obtained from various organizations, and finally presented a policy driven recommendation (micro and macro level) which would enable to develop the SME sector in a developing country like Bangladesh.

Neue verfassungsrechtliche Vorgaben für die Steuerpolitik – Ordnungspolitische Einordnung und wirtschaftspolitische Relevanz

1997 ◽  
Vol 46 (2) ◽  
Author(s):  
Johann Eekhoff ◽  
Axel Wehmeier
Keyword(s):  
Tax Reform ◽  
Point Of View ◽  
Constitutional Court ◽  
Tax System ◽  
Policy Makers ◽  
Economic Point ◽  
General Rules ◽  
Federal Constitutional ◽  
German Federal Constitutional Court ◽  
German Federal Constitutional

AbstractThe article discusses recent judgements of the German Federal Constitutional Court concerning the German tax system. In a landmark decision from June 26, 1995, the judges not only ruled the former German wealth and inheritage unconstitutionally, but also put forward general rules to prevent excessive taxation. Though this ruling constitutes a further market orientation of the constitutional law, several inconsistencies are criticized by the authors from an economic point of view. However, policy makers have to accept the judgements as new restrictions on tax policy. Regarding the discussion about a German tax reform some of the current proposals appear to be unconstitutional. In order to avoid such conflicts with the law the authors advocate a consumption based tax.

Franchise Management and the Greek Franchise Industry

2017 ◽  
pp. 251-281
Author(s):  
Alexandra Homata ◽  
Athanassios Mihiotis ◽  
Alexia Mary Tzortzaki
Keyword(s):  
Economic Crisis ◽  
Business Models ◽  
Entrepreneurial Activity ◽  
Special Focus ◽  
Business Climate ◽  
Advantages And Disadvantages ◽  
Doing Business ◽  
Current Economic Crisis ◽  
Ease Of Doing Business ◽  
Market Trends

In this chapter, the development and growth of franchising is studied through the collection and comparison of statistical data from several countries with a special focus on Greece. The business concept of franchising, its different types as well as its advantages and disadvantages are investigated especially under the pressures of the current economic crisis. With Greece being one of the worst hit countries, this paper, suggests that that franchising is one of the most viable, low risk business models and possibly a pathway to re-igniting entrepreneurial activity. To argue the case, the authors present a historic account of the development of franchising in Greece; an analysis of the current Greek business climate and the ease of doing business in Greece; Greek market trends in relation to franchise activity; Greek franchise market prospects and limitations. The paper ends with proposed implications especially aimed towards managers of franchise businesses in Greece.

scholarly journals RELATIONSHIP BETWEEN EASE OF DOING BUSINESS INDICATORS AND THE FOREIGN DIRECT INVESTMENT INFLOWS IN THE REPUBLIC OF SERBIA

2019 ◽  
pp. 269
Author(s):  
Marko Janaćković ◽  
Marija Petrović-Ranđelović
Keyword(s):  
Economic Policy ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Business Environment ◽  
Policy Makers ◽  
Fdi Inflows ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
The Republic ◽  
The Relationship

Significance of easy of doing business indicators as determinants of FDI inflows has attracted attention in establishing their connections. The aim of the research is to examine the relationship between the ease of doing business indicators and foreign direct investment (FDI) inflows. Dynamic and correlation analysis are applied in the consideration of the interdependence of doing business indicators: Starting Business, Construction Permits, Getting Electricity, Registering Property, Getting credit, Paying taxes, Trading across borders, Enforcing contracts, and Resolving insolvency with FDI inflows. The obtained results show that Resolving insolvency and Construction Permits have the highest degree of agreement with FDI, while the negative agreement with FDI trends is shown by Getting Electricity, Registering Property, Getting Credit, and Enforcing contracts. The main results of this research are useful for economic policy makers because they provide a good basis for formulating the strategy of improving the business environment in the Republic of Serbia.

scholarly journals National features of business development in Ukraine: Global comparisons and spatial asymmetries

2019 ◽  
pp. 118-124
Author(s):  
Iryna I. Nadtochii
Keyword(s):  
Economic Development ◽  
Business Process ◽  
Positive Impact ◽  
Developed Countries ◽  
Business Development ◽  
Living Standards ◽  
Entrepreneurial Activity ◽  
Global Comparison ◽  
Doing Business ◽  
Ease Of Doing Business

The research objective. The purpose of the article is to make a global comparison of national features of business development in Ukraine, taking into account the spatial asymmetry. Methodology. The theoretical and methodological basis of the study are the scientific works of scientists in the study of business process management in the system of competitive development of territories. To achieve this goal, the following research methods were used: theoretical generalization – generalization of the concept of globalization; methods of statistical analysis – for the analysis of indicators of the index of ease of doing business for Ukraine. Results. It is determined that globalization processes contribute to the formation of global trends in economic development of entrepreneurship in the system of competitive development of territories. The presence of the global economic space with its conjuncture and interconnections for underdeveloped territories can serve as an impetus for economic development through foreign investment, and may, conversely, increase the dependence of underdeveloped territories on developed countries by appropriating a share of additional product produced from underdeveloped resources. countries. During the period 2014–2019, Ukraine improved its position only in the ranking of the Ease of Doing Business Index, according to which in 2014 Ukraine ranked 116th, and in 2019 rose to 71st place. In the ratings of competitiveness and prosperity, Ukraine’s position has deteriorated somewhat. According to the competitiveness index, in 2014 Ukraine ranked 76th, and in 2019 it dropped to 85th place. According to the prosperity index, in 2014 Ukraine took 61st place, and in 2019 it dropped to 96th place. It has been studied that the index of ease of doing business is a signal to investors to choose a country to invest and do business. Investors are always interested not only in how easy it is to organize business but also in how transparent the conditions of competition are and whether the interference of the state and government structures in the business process is excessive. The level of entrepreneurial activity is related to the level of corruption in the country: the lower the level of corruption, the higher the level of entrepreneurial activity. In addition, business development has a positive impact on living standards by creating jobs and providing income. Practical meaning. The results of the analysis will allow the authorities of the country and its individual territories to develop the necessary measures to improve business conditions, to improve living standards and to ensure the effectiveness of the economic development of the country or territory. Prospects for further research. Implementation of the regional assessment of business development trends.

scholarly journals Direct and Indirect Effects of ICT Infrastructure, Skills, and Use on Entrepreneurship

2021 ◽  
Vol 29 (6) ◽  
pp. 0-0
Keyword(s):  
Entrepreneurial Activity ◽  
Heterogeneous Distribution ◽  
Individual Level ◽  
Doing Business ◽  
Distribution Of Resources ◽  
Information And Communication ◽  
Ease Of Doing Business ◽  
Ict Infrastructure ◽  
The Government ◽  
Entrepreneurial Activities

The information and communication technology (ICT) enabling infrastructure, requisite skills, and subsequent usage in the country could facilitate ease of doing business (EDB) and support the heterogeneous distribution of resources for new businesses to flourish and remain competitive. However, from a policy perspective, the pathways through which ICT impacts entrepreneurial activities in a country are not clearly understood. In this study, we empirically investigate the direct and indirect (via EDB) effect of ICT infrastructure, skills, and use (at business, government, and individual level) in influencing entrepreneurial activity in a country. The results show that the citizens' ICT skills and ICT use, directly and indirectly, impact entrepreneurial initiatives in a country. In contrast, ICT infrastructure and use by the government only have an indirect impact on them. The study's findings should help guide national initiatives for promoting the creation of new businesses in a country.

scholarly journals Direct and Indirect Effects of ICT Infrastructure, Skills, and Use on Entrepreneurship

2021 ◽  
Vol 29 (6) ◽  
pp. 1-25
Author(s):  
Utkarsh Shrivastava ◽  
Laurel Ofstein ◽  
Damodar Golhar
Keyword(s):  
Entrepreneurial Activity ◽  
Heterogeneous Distribution ◽  
Individual Level ◽  
Doing Business ◽  
Distribution Of Resources ◽  
Information And Communication ◽  
Ease Of Doing Business ◽  
Ict Infrastructure ◽  
The Government ◽  
Entrepreneurial Activities

The information and communication technology (ICT) enabling infrastructure, requisite skills, and subsequent usage in the country could facilitate ease of doing business (EDB) and support the heterogeneous distribution of resources for new businesses to flourish and remain competitive. However, from a policy perspective, the pathways through which ICT impacts entrepreneurial activities in a country are not clearly understood. In this study, we empirically investigate the direct and indirect (via EDB) effect of ICT infrastructure, skills, and use (at business, government, and individual level) in influencing entrepreneurial activity in a country. The results show that the citizens' ICT skills and ICT use, directly and indirectly, impact entrepreneurial initiatives in a country. In contrast, ICT infrastructure and use by the government only have an indirect impact on them. The study's findings should help guide national initiatives for promoting the creation of new businesses in a country.

Sign in / Sign up

Export Citation Format

Share Document