scholarly journals Correlates of Entrepreneurship in Pakistan: The Regional Dimension

2016 ◽  
Vol 21 (Special Edition) ◽  
pp. 193-210
Author(s):  
Mahnoor Asif ◽  
Anum Ellahi
Keyword(s):  
Early Stage ◽  
Business Owners ◽  
Entrepreneurial Activity ◽  
Nascent Entrepreneurs ◽  
Cross Sectional ◽  
Country Level ◽  
Entrepreneurial Ability ◽  
Startup Process ◽  
Framework Conditions ◽  
The Impact

This study analyzes entrepreneurial ability in Pakistan through a cross-sectional comparison of provinces and districts based on data from the Global Entrepreneurship Monitor for 2010–12. The aim is twofold: to (i) identify individual and country-level factors that affect nascent and potential entrepreneurs and (ii) see how regional income levels and the degree of development affect entrepreneurship (of both the opportunity and necessity varieties), eventually contributing to innovation and economic growth. We investigate the effect of total early-stage entrepreneurial activity on entrepreneurial framework conditions at the regional level and then evaluate the impact of education, age, gender and entrepreneurial ability on potential entrepreneurs, nascent entrepreneurs and baby business owners to examine the entrepreneurial startup process.

scholarly journals Examining the Industrial Energy Consumption Determinants: A Panel Bayesian Model Averaging Approach

Energies ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 70
Author(s):  
Djula Borozan ◽  
Luka Borozan
Keyword(s):  
Energy Consumption ◽  
Energy Use ◽  
Early Stage ◽  
Value Added ◽  
Entrepreneurial Activity ◽  
Different Types ◽  
Industrial Energy ◽  
Framework Conditions ◽  
Industrial Energy Consumption ◽  
The Impact

The paper explores the impact of early stage and established entrepreneurs on industrial energy consumption across European countries for the period 2001–2017. It proposes that industrial energy consumption is a complex multifaceted result of value-added activities conducted by different types of entrepreneurs and the quality of macroeconomic and entrepreneurial framework conditions, which support or hinder entrepreneurial activity and consequently energy use. After selecting the most appropriate model using a panel Bayesian averaging model approach, a fixed effects panel regression analysis was conducted to investigate more deeply the impact of different types of entrepreneurs on industrial energy consumption. The results show that early stage and established entrepreneurs exhibit different behavioral patterns with respect to energy use. The former follows, although statistically insignificantly, a U-shaped energy use curve. By contrast, the latter follows statistically significantly an inverted U-shaped curve. Additionally, the results confirm the important role of the governments and other policy authorities in creating favorable framework conditions, which can support the changes in behavioral energy practices and the development of new or established businesses aiming for sustainability.

scholarly journals Impact of unemployment and income on entrepreneurship in post-apartheid South Africa: 1994–2015

2018 ◽  
Vol 10 (1) ◽  
Author(s):  
Darma Mahadea ◽  
Irrshad Kaseeram
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Employment Growth ◽  
Positive Impact ◽  
Early Stage ◽  
National Development ◽  
Entrepreneurial Activity ◽  
Per Capita Gdp ◽  
Per Capita ◽  
The Impact

Background: South Africa has made significant progress since the dawn of democracy in 1994. It registered positive economic growth rates and its real gross domestic product (GDP) per capita increased from R42 849 in 1994 to over R56 000 in 2015. However, employment growth lagged behind GDP growth, resulting in rising unemployment. Aim and setting: Entrepreneurship brings together labour and capital in generating income, output and employment. According to South Africa’s National Development Plan, employment growth would come mainly from small-firm entrepreneurship and economic growth. Accordingly, this article investigates the impact unemployment and per capita income have on early stage total entrepreneurship activity (TEA) in South Africa, using data covering the 1994–2015 period. Methods: The methodology used is the dynamic least squares regression. The article tests the assertion that economic growth, proxied by real per capita GDP income, promotes entrepreneurship and that high unemployment forces necessity entrepreneurship. Results: The regression results indicate that per capita real GDP, which increases with economic growth, has a highly significant, positive impact on entrepreneurial activity, while unemployment has a weaker effect. A 1% rise in real per capita GDP results in a 0.16% rise in TEA entrepreneurship, and a 1% rise in unemployment is associated with a 0.25% rise in TEA. Conclusion: There seems to be a strong pull factor, from income growth to entrepreneurship and a reasonable push from unemployment to entrepreneurship, as individuals without employment are forced to self-employment as a necessity, survival mechanism. Overall, a long-run co-integrating relationship seems plausible between unemployment, income and entrepreneurship in South Africa.

Brand awareness: revisiting an old metric for a new world

2017 ◽  
Vol 26 (5) ◽  
pp. 469-476 ◽  
Author(s):  
Jenni Romaniuk ◽  
Samuel Wight ◽  
Margaret Faulkner
Keyword(s):  
Market Share ◽  
Brand Management ◽  
Brand Awareness ◽  
Underlying Structure ◽  
Cross Sectional ◽  
Content Type ◽  
Country Level ◽  
Global Brand ◽  
The Impact ◽  
Over Time

Purpose Brand awareness is a pivotal, but often neglected, aspect of consumer-based brand equity. This paper revisits brand awareness measures in the context of global brand management. Design/methodology/approach Drawing on the method of Laurent et al. (1995), this cross-sectional longitudinal study examines changes in brand awareness over time, with sample sizes of approximately 300 whisky consumers per wave in three countries: United Kingdom, Taiwan and Greece. Findings There is consistency in the underlying structure of awareness scores across countries, and over time, extending the work of Laurent et al. (1995). Results show that a relevant operationalisation of brand awareness needs to account for the history of the brand. Furthermore, the nature of the variation of brand awareness over time interacts with a brand’s market share. Research limitations/implications When modelling the impact of brand awareness researchers need to consider two factors – the brand’s market share and whether a more stable or volatile measure is sought. This avoids mis-specifying the country-level contribution of brand awareness. Practical implications Global brand managers should be wary of adopting a “one size fits all” approach. The choice of brand awareness measure depends on the brand’s market share, and the desire for higher sensitivity or stability. Originality/value The paper provides one of the few multi-country investigations into brand awareness that can help inform global brand management.

scholarly journals The Impact of the 2008-2009 Global Crisis on Entrepreneurial Aspirations and Attitudes

2019 ◽  
Vol 14 (1) ◽  
pp. 111-126
Author(s):  
Halil Dincer Kaya
Keyword(s):  
Early Stage ◽  
New Product ◽  
Entrepreneurial Intention ◽  
The Other ◽  
Fear Of Failure ◽  
Entrepreneurial Activity ◽  
High Status ◽  
Global Crisis ◽  
Entrepreneurial Attitudes ◽  
The Impact

AbstractWe examine the impact of the Global Crisis on entrepreneurial aspirations and entrepreneurial attitudes. We focus on three aspiration variables (Growth Expectation early-stage Entrepreneurial Activity, New Product early-stage Entrepreneurial Activity, and International Orientation early-stage Entrepreneurial Activity), and eight attitude variables (Entrepreneurial Intention, Entrepreneurship as Desirable Career Choice, Fear of Failure Rate, High Status Successful Entrepreneurship, Know Startup Entrepreneur Rate, Media Attention for Entrepreneurship, Perceived Capabilities, and Perceived Opportunities). Our results show that, two of the attitude variables have changed significantly three years after the crisis. Entrepreneurial Intention is significantly higher in 2011 (i.e. three years after the crisis started) when compared to 2008, and Know Startup Entrepreneur Rate is significantly lower in 2011 when compared to 2008. On the other hand, we find no significant change in any of the aspiration variables.

IPO initial return in Pakistan: influence of country-level institutional quality

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Waqas Mehmood ◽  
Rasidah Mohd-Rashid ◽  
Abd Halim Ahmad ◽  
Ahmad Hakimi Tajuddin
Keyword(s):  
Stock Exchange ◽  
Significant Risk ◽  
Institutional Quality ◽  
Political Stability ◽  
Least Square ◽  
Cross Sectional ◽  
Content Type ◽  
Country Level ◽  
Initial Return ◽  
The Impact

PurposeThe present study investigated the influence of country-level institutional quality on IPO initial return using World Bank Governance indices.Design/methodology/approachThis study analysed 84 IPOs listed on Pakistan Stock Exchange between 2000 and 2017 using cross-sectional data. The impact of country-level institutional quality on IPO initial returns was examined using ordinary least square, robust least square, stepwise least square and quantile regression.FindingsEmpirically, the values of political stability, government effectiveness and regulatory quality were positively significant, whereas rule of law and control of corruption were negatively significant in explaining the intensity of IPO initial return. The results also show the presence of significant risk in the market. Hence, investors were compensated with higher initial returns for weak country-level institutional quality. The results also reveal that improving country-level institutional quality would improve the financial market transparency, thereby reducing IPO initial returns.Originality/valueNo studies have been conducted regarding the influence of country-level institutional quality on IPO initial return in Pakistan. This study is a pioneering study that seeks to give insights into the link between these variables in the context of Pakistan.

Drivers of Agricultural Entrepreneurship in Factor-Driven Economies

2022 ◽  
pp. 1-31
Author(s):  
Mohd Saeem Khan ◽  
Mohd Yasir Arafat ◽  
Mohd Asif Khan ◽  
Hashem Abdullah Al Nemer
Keyword(s):  
Agricultural Sector ◽  
Early Stage ◽  
Adult Population ◽  
Entrepreneurial Activity ◽  
Self Employment ◽  
Age Related ◽  
Gender Biases ◽  
Business Creation ◽  
Agricultural Entrepreneurship ◽  
The Impact

This piece of research aims to explain the drivers of early-stage entrepreneurship in factor-driven economies and how these are affected by several cognitive factors. This study covers literature on several driving factors of entrepreneurial activity, trying to formulate a framework of determinants of early-stage agricultural entrepreneurial activity. For this purpose, the adult population survey (APS) data of factor-driven economies published by GEM has been used. The selected respondents (848) include those individuals who, alone or with other individuals, presently involved in venture creation, including any self-employment in the agricultural sector. The impact of cognitive and social capital factors on early-stage entrepreneurial activity is measured using logistic regression. The findings suggest that its opportunity perception and self-efficacy, which are the major motivators of early-stage entrepreneurship in developing nations. Also, there are gender biases and age-related negativity with respect to new agri-business creation in developing countries.

scholarly journals The Impact of Fiscal Transparency on Corruption: An Empirical Analysis Based on Longitudinal Data

2017 ◽  
Vol 17 (4) ◽  
Author(s):  
Elina De Simone ◽  
Giuseppe Lucio Gaeta ◽  
Paulo Reis Mourão
Keyword(s):  
Financial Management ◽  
Essential Feature ◽  
Empirical Support ◽  
Dynamic Panel Data ◽  
Empirical Literature ◽  
Present Contribution ◽  
Cross Sectional ◽  
Fiscal Transparency ◽  
Country Level ◽  
The Impact

AbstractFiscal transparency is considered an essential feature of public financial management and is supposed to provide beneficial governance effects such as reducing corruption. This paper adds to recent empirical literature that specifically investigates the impact of fiscal information disclosure on corruption. Country-level evidence provided by previous studies is exclusively based on cross-sectional econometric analyses, while the present contribution relies on a wide-ranging, country-level dataset of 116 countries that cover a ten-year time span (2003–2012), and on dynamic panel data estimates. These innovations in terms of data and methods provide new, robust empirical support to the claim that fiscal transparency is negatively correlated with corruption.

scholarly journals The Perceptions of Small Businesses in the Implementation of Cash Management Techniques

2014 ◽  
Vol 6 (1) ◽  
pp. 75-83
Author(s):  
Avika Mungal
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Business Owners ◽  
Small Business Owners ◽  
Cash Management ◽  
Cross Sectional ◽  
Management Techniques ◽  
Quantitative Descriptive ◽  
Cash Inflow ◽  
The Impact

The purpose of this paper is to ascertain the perceptions of small business owners on the implementation of cash management techniques in their businesses. This paper also highlights the importance of managing cash inflow and outflow in the business and examines the impact on business profitability and sustainability. The study focused on small businesses in the Tongaat area, South Africa. This research was quantitative, descriptive and cross-sectional in nature. The instrument used to extract the relevant data from respondents was a Likert type questionnaire. The findings of this research identified the perceptions of small business cash management techniques. A short course on cash management could be offered by the Durban University of Technology to small business owners and managers to enhance their basic cash management knowledge in the implementation of cash management techniques.

More than Words: Do Gendered Linguistic Structures Widen the Gender Gap in Entrepreneurial Activity?

2018 ◽  
Vol 42 (5) ◽  
pp. 797-817 ◽  
Author(s):  
Diana M. Hechavarría ◽  
Siri A. Terjesen ◽  
Pekka Stenholm ◽  
Malin Brännback ◽  
Stefan Lång
Keyword(s):  
Gender Gap ◽  
Gender Stereotypes ◽  
Early Stage ◽  
Relativity Theory ◽  
Entrepreneurial Activity ◽  
Country Level ◽  
Level Data ◽  
And Gender ◽  
The Relationship ◽  
Linguistic Structures

Leveraging linguistic relativity theory which suggests that language systems structure thought and action, we investigate the relationship between gendered linguistic structures and the persistent gender gap in early–stage entrepreneurial activity. We use country–level data from 105 countries in 2001–2015 with 55 different languages, and incorporate 32 controls covering a broad range of factors previously associated with entrepreneurial activity. We find that in countries where the dominant language's structure incorporates sex–based systems and gender–differentiated pronouns, there is a greater gender gap in entrepreneurial activity. Our results suggest that gendered linguistic structures reinforce gender stereotypes and discourage women's entry into entrepreneurship.

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