The Business Idea-Individual Dyad

Author(s):  
Oscar Javier Montiel Méndez

Entrepreneurship has been considered a significant factor for socio-economic growth and development, and there has been a significant growth in the education on entrepreneurship in the world. The present study provides the experiences of different actors on the implementation of a psychological assistance program to new entrepreneurs in a university business incubator as well as its impact on them. The findings suggest that this program, in its time the first or one of the first of its kind as far as the literature review suggested, had a positive impact, gives entrepreneurs a space to reflect, motivation and perseverance, allows them to see themselves as integral and thus help to improve the chances of success of the startup by learning key psychological entrepreneurial competencies.

2019 ◽  
Vol 9 (1) ◽  
pp. 129-151
Author(s):  
Andi Nurul Hidayat

Indonesian women both in the ministries, companies, organizations, social agencies, entrepreneurs, activists, and show that women have an important role in Indonesia, one of which is the positive impact women today in the use of technology is significant growth and development increased over the months and years gave birth to innovation and facilitate the community this is also felt by women or women that trend smartphone technology to the netbook at this time can be used, this side of the business and may make women make tips and guides, as well as solutions for example also hijab better known as the tutorial hijab among women of today, used to explore the creativity of women to use the hijab and the internet is helpful in the information, then here is said to be women of today are technology literate simplicity is very beneficial to the world of technology and fashion. With the new technology used in the field of information and communication, especially the Internet has brought the world into the new era.


2016 ◽  
Vol 14 (3) ◽  
pp. 608-616
Author(s):  
Michael C. Cant ◽  
Safura Mohamed Kallier ◽  
Johannes A. Wiid

Research over the years has shown that in order for any business to survive, the correct product mix must be offered to the market. If the product does not satisfy the needs of the market, its reason for existence can be questioned. This principle applies to all businesses – big or small. The question arises if SMEs adhere to this fact and, if so, how they go about doing this. SMEs over the world make huge contributions to economic growth and job creation and are seen to be a driving force for economic growth and development in any economy. In the highly competitive environment that SMEs operate in, selecting the right merchandise for the right customer is important and, in most instances, its ability to survive or perish. This study aimed to determine if SMEs in South Africa make decisions regarding the product mix and, if so, if they conform to different profiles regarding the decisions that they make. A questionnaire was used to collect the data and was sent to SMEs around South Africa operating in different industries. The results indicated that SMEs in South Africa consider product characteristics, consumer behavior and strategic aspects when making product mix decisions. Keywords: merchandising, product, SMEs, product mix, business, South Africa. JEL Classification: M00, M300, M310


2019 ◽  
Vol 15 (1) ◽  
pp. 14-22
Author(s):  
Endang Kusdiah Ningsih ◽  
Dwi Eka Novianty ◽  
Sri Ermeila

Economic growth of any counties had positive and negative impact. A positive impact is an increase in national income and negatif impact are inequility of personal income distribution and development disparities. Economic growth in province of South Sumatera also had that impact. The purposes of this research is to prove empirically relationship and patterns of linkages between economic growth and development disparities. The data that used is secondary data obtained from Central Statistic Agency in the form of economic growth rates, gross regional domestic product per capita and total population of the province of South Sumatera during the period 2010-2017. The analysis use with Williamson Index to measure development disparities and Pearson Correlation to find out the relationship between economic growth and development disparities and to prove Kuznets hypothesis. The result of this analysis are : (1)development disparities in the province of South Sumatera during the period 2010-2017 , including height indicated by the Williamson Index more than 0,5. (2) Pearson Correlation is -0,253 show that there is a negatif relationship between economic growth and development disparities and this proved that the Kuznets hypothesis (curve U-Reserved) also occur happen in this province. It means, that economic growth is inversely proportional to development disparities.(3) R Square is 0,064 , means the effect ofeconomic growth on development disparities is 6% and 94% influenced by other factors


2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Om Prakash Agrawal ◽  
Prateek Kumar Bansal

Monetary policy is a measure which is decided by the Apex bank to regulate currency supply and credit control in the Indian economy where as gross domestic product (GDP) is an indicator of growth and development of the economy. Monetary policy and its components i.e. CRR, SLR, BR, RR, RRR and MSF (Marginal Standing Facility) have impact on the inflation, credit supply in market and GDP of the country. The purpose of this study is to examine the impact of various financial components of monetary policy on the GDP, which is an index of economic growth and development of the economy. It has been observed during the study that monetary policy of the nation has positive impact on the GDP by applying the various tools and techniques with the help of Econometrics. In this study, GDP is used as dependent variable while components of monetary policy are used as independent variable to examine the impact.


Author(s):  
Arjun Hans ◽  
Dr. Farah Choudhary

FDI has been a catalyst for channelizing economic growth and development in a country. India and China are among the most attractive countries in the world to invest according to a recent UNTCAD survey. Domestic market size has been the most important factor responsible for investors preferring china. India is performing a better job than China in terms of utilization of resources on the larger scale. Though the FDI inflows of India are comparatively lower but the percentage growth in FDI inflows through these years have been dominating the percentage growth rate of FDI inflows of China. The figures we get from World Investment Report 2016 (UNTCAD) disclose that India’s inward stock makes a higher percent of its respective GDP which implies the better and optimum contribution of FDI into GDP. FDI’s greater contribution in the GDP and overall economy can attract more FDI inflows as compared to the lesser contribution in the GDP. We used Karl Pearson’s coefficient of correlation for correlating the values of FDI and GDP for India and China. It suggested a greater contribution of FDI into the GDP of India as compared to that of China’s.


2019 ◽  
Vol 1 (1) ◽  
pp. 17-22
Author(s):  
Hamidul Islam ◽  
Zulkornain Yusop ◽  
Md. Farjin Hasan ◽  
Mohammad Sahabuddin

Objective: The aim of this study review the current literature for determining the nexus between foreign remittance and economic growth in Bangladesh. Foreign remittance plays a pivotal role for economic growth in developing countries. It has taken a considerable attention to promote economic development compared to others sources of capital inflows such as aids, loans and foreign direct investments due to direct impact on socio-economic acceleration in a country. As a developing country, Bangladesh is one of the top 10 remittance-recipient countries in the world. Recently, the trends of remittance inflow are shrinking due to geopolitics and Middle East crisis. Methodology: Previous studies were reviewed, made literature matrix for findings literature and methodological gaps. Results: The evidences in the literature reveal that the nexus between foreign remittance and economic growth is inclusive and ambiguous for direct or indirect transmission channels through the inclusion of other variables in the analysis as financial development, investment, trade, consumption and poverty alleviation. Implications: Therefore, remittances inflow not only enhances economic growth and development but also reduces poverty in the labor exporting country.


Author(s):  
Evangelina Cruz Barba

The argument of this chapter is that tourism education can generate a positive impact on the economic growth of a country by fostering a link between education and work, including economic development. A review of the literature based on the use of bibliometric techniques is performed, but quantification of the work is not conducted; however, Web of Science and Scopus, among other databases, are consulted in relation to economic growth, economic development, human capital and tourism education. All this around the theoretical economic and sociological framework that sustains this work.


2020 ◽  
pp. 779-801
Author(s):  
Charles O. Ogbaekirigwe ◽  
Ugochukwu Chinonso Okolie

The dynamic and complex nature of societies all over the world, with the evident failure of various levels of government and the private sector to completely solve the nagging problems of man, especially the down trodden, and less privileged, has made greater, the need for specially created and committed men and women to dedicate and sacrifice their resources to cover the gaps created by such failure. On the side of governments, perhaps, the failure result from insufficient fund caused by inadequate or poor resource management, corruption, or share insensitivity of the political leaders. This presented opportunity for citizens to create their own wealth and attempt solving their problems. This chapter therefore presented the importance of entrepreneurship programme in TVET as a means of equipping our youths to be self-reliant, capable of solving their problems and contribute to economic growth and development of their countries.


1997 ◽  
Vol 1 (2) ◽  
pp. 45-54 ◽  
Author(s):  
Samson E. Edo

The Nigerian Capital Market achieved a significant growth during the period of privatisation (1988-1993). Through the process of privatisation, a large volume of shares was transferred from government to individual and institutional investors. The shares were offered for sale through the capital market either by placement or quotation at the Stock Exchange. As a result, the capital market expanded in terms of facilities and activities as shown by various indicators. In the same period, Nigeria entred the global equity market as one of the emerging capital markets in the world. It also became one of only four African capital markts to be so acknowledged. Despite these encouraging developments, its potentials for enhancing economic growth and development are yet to be fully exploited. In view of this, policy recomendations have been proffered to further enhance the capital market in readiness for its role in economic growth and development.


2021 ◽  
Author(s):  
Lara Alves Rosa Gomes ◽  
Alber Francisco Neto ◽  
Rafaela Landim Gomes Siqueira ◽  
Pompílio Guimarães Reis Filho

Startups are changing consumer habits for goods and services around the world as quickly create and deliver value by solving society latent demands. In creative industry, startups are an important vector for the propagation of this movement, however, despite the vast Brazilian potential, there are several challenges related to the lack of training in management and innovation for this industry gain strength. Thus, this study aims to develop, apply and evaluate an innovation management framework based on the best practices of successful startups in the Brazilian creative industry. To this end, three macro research steps will be completed, initially the understanding of the explored context, then the first version of the product will be developed and, finally, the evaluation and improvement of the product will be carried out based on the feedbacks. As a result, it is expected to help the professionalization process of other startups and companies in this sector in Brazil, as this new economic model (creative, social and inclusive) has proved to be an exponent of economic growth and development around the world.


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