Ruminating on Microfinance as a Contrivance of Economic Development and Women Upliftment

2022 ◽  
pp. 134-153
Author(s):  
Manpreet Arora
Keyword(s):  
Economic Development ◽  
Financial Structure ◽  
Developing Nations ◽  
Effective Strategy ◽  
Global Level ◽  
Rural Credit ◽  
Local Product ◽  
Entrepreneurial Activities ◽  
Bounce Back

This chapter focuses on the success of microfinance as a tool to create opportunities for women and other deprived sections in the formal financial structure of India. It also aims at focusing on the role of various institutions which play a significant position in providing rural credit through various channels. The author contends that in this pandemic where economies at global level require resilience strategies, microfinance once again can prove to be an effective strategy to bounce back in terms of improving the economic conditions of poor and vulnerable who suffered the most due to lockdowns, especially in developing nations like India. Localization and promotion of local product can help boost entrepreneurial activities at various levels, which can improve the distorted global supply chain slowly and gradually but effectively.

scholarly journals Análise sobre ação empreendedora e políticas públicas no APL moveleiro de UBÁ, MG

2010 ◽  
Vol 3 (2) ◽  
pp. 230-244
Author(s):  
Andréia Aparecida Albino ◽  
Afonso Augusto Teixeira de Freitas de Carvalho Lima ◽  
Sebastião Décio Coimbra de Souza ◽  
Ricardo Roberto Behr ◽  
Ronise Suzuki de Oliveira
Keyword(s):  
Economic Development ◽  
Public Policies ◽  
Industrial Clusters ◽  
Local Cluster ◽  
Socio Economic Development ◽  
Entrepreneurial Action ◽  
Survey Interviews ◽  
Entrepreneurial Activities

Based on recognized importance of industrial clusters for the socio-economic development of regions, this work presents a case study involving the evolution, discussions on the role of entrepreneurial activities and the influence of public policies on the development of the furniture cluster of Ubá, Minas Gerais. The methodology adopted included a survey, interviews with strategic actors of the cluster, and analysis comparative data. Preliminary results indicate that public policies had limited involvement in the emergence and development of APL, and indicate the need to investigate the diversity of patterns of business components of local cluster order to propose appropriate policies for each different type of companies. The main conclusion is that the key role in the genesis and development of the furniture cluster of Ubá was the entrepreneurial action of the local businessmen.

Role of Technology and Entrepreneurship in Economic Development

2020 ◽  
pp. 56-70
Author(s):  
Amit Singh ◽  
Sheetal Maurya
Keyword(s):  
Economic Development ◽  
Positive Impact ◽  
Statistical Significance ◽  
Least Square ◽  
Technological Readiness ◽  
Resource Rents ◽  
Panel Data Regression ◽  
Data Regression ◽  
Entrepreneurial Activities

This chapter examines the role technological readiness and level of entrepreneurial activities has on economic development of select South Asian countries viz; India, Pakistan, Bhutan, and Nepal. As per comparative analysis, India outranks its neighbour countries in term of technological readiness and innovation. The role of entrepreneurial activities in economic development and its statistical significance is studied using Least Square Panel Data Regression using GDP at Current Prices as dependent variable and total number of newly registered LLC, total natural resource rents, government final consumption expenditure, and gross secondary enrollment rate as independent variables. The data on these variables was collected for the period of 2006-2017. The present study reports statistically significant (at 1%) positive impact of government final expenditure and entrepreneurial activities on economic development in select developing countries.

scholarly journals Econometric Analysis of the Impact of Financial Structure on Innovation Based on the Fixed Effects Panel Model

2021 ◽  
Vol 2021 ◽  
pp. 1-19
Author(s):  
Cheng-Ben Wang ◽  
Zhigang Huang
Keyword(s):  
Economic Development ◽  
Fixed Effects ◽  
Financial Structure ◽  
Healthy Development ◽  
Independent Innovation ◽  
Panel Model ◽  
International Dollar ◽  
Innovation Approach ◽  
The Impact

This study addresses the impact of financial structure on innovation. The mechanism of the impact of financial structure on innovation at different levels of economic development is elucidated from the perspective of optimal financial structure decision theory and development economics, and empirical evidence is provided using manufacturing data from 59 countries or regions for the period 1996–2015. The study finds that financial structure has no significant effect on innovation at lower levels of economic development, but at higher levels of economic development, market-based financial structure significantly promotes innovation in the industry. The role of financial structure in innovation shifts in the interval where per capita income is greater than 9747 International dollar (hereinafter called I$9747) and less than I$17070. This paper verifies that the innovation approach of technological imitation requires the support of a bank-based financial structure, while the innovation approach of independent innovation requires the support of a market-based financial structure. The differences in innovation approaches at different stages of economic development lead to the evolution of the inherent demand for financial structures in the economy. Promoting the evolution of financial structures according to the stage of economic development is of great significance in building an innovative country and leading the sustainable and healthy development of the economy.

Role of Web Interface in Building Trust in B2B E-Exchanges

2011 ◽  
pp. 63-74
Author(s):  
Muneesh Kumar
Keyword(s):  
Economic Development ◽  
Global Level ◽  
Web Interface ◽  
Web Interfaces ◽  
Number Of Factors ◽  
Online Trading ◽  
The Impact ◽  
Seller Relationship ◽  
The Web

The emergence of Internet has revolutionized the way businesses are conducted. The impact of e-commerce is pervasive, both on companies and society as a whole. It has the potential to impact the pace of economic development and in turn influence the process of human development at the global level. However, the growth in e-commerce is being impaired by the issue of trust in the buyer-seller relationship which is arising due to the virtual nature of e-commerce environment. The Online trading environment is constrained by a number of factors including web interface that in turn influences user experience. This chapter identifies various dimensions of web interface that have the potential to influence trust in e-commerce. The empirical evidence presented in the chapter is based on a survey of the web interfaces of 65 Indian B2B e-exchanges.

scholarly journals THE USE OF GROUNDED THEORY TO EVALUATE THE INTERACTIVE EFFECT OF FARMER ENTREPRENEUR AND ECONOMIC DEVELOPMENT OF GHANA

2018 ◽  
Vol 13 (1) ◽  
pp. 3207-3221
Author(s):  
Ann Dodor
Keyword(s):  
Qualitative Research ◽  
Economic Development ◽  
Grounded Theory ◽  
Positive Attitude ◽  
Interactive Effect ◽  
Technology Skills ◽  
Research Approach ◽  
Global Level ◽  
Economic Prosperity ◽  
Entrepreneurial Activities

Widely seen is entrepreneurship being a key to competence which is necessary to build-up a developed economy globally. There is a consistent relationship between economic prosperity and entrepreneurial activities which have been confirmed by numerous studies from different theories perspectives at global level. The purpose of the research is to evaluate the effect of farmer entrepreneur and economic development using qualitative research approach where a score of successful entrepreneurs in all transcripts of interviews were analyzed by using the grounded theory. The results revealed that the farmer entrepreneur increased their competence through knowledge, skills and attitude. The "knowledge" results in the entrepreneur being a strategic planner, managing people and use technology. Skills acquired makes him a goal getter and negotiator. Finally, he will have a positive attitude toward his work and customers and be proactive and tolerant. These attributes assist the entrepreneur to affect and develop the economy of Ghana.    

scholarly journals A Study on Role of Women in Economic Development in India

2019 ◽  
Vol 7 (4) ◽  
pp. 41-45
Author(s):  
G Angala Eswari
Keyword(s):  
Economic Development ◽  
Critical Issue ◽  
Developing Nations ◽  
The Other ◽  
Women Empowerment ◽  
Economic Activities ◽  
Role Of Women ◽  
The One ◽  
Active Contribution

Empowering women is a critical issue in developing nations. Even though women are an integral part of any society, yet their involvement in decision making by the use of their active contribution in economic activities is shallow. Women empowerment and economic development are interlinked, where on the one hand, development alone can play a significant role in driving down inequality between women and men while on the other hand empowering women can benefit development. This paper explores the role of women in the workforce for the economic development of the country in different States.

Sociostructural Aspects of Socio-Economic Development:The role of Economic approach

2014 ◽  
pp. 86-105
Author(s):  
M. Shabanova
Keyword(s):  
Economic Development ◽  
Structural Factors ◽  
Economic Approach ◽  
Economic Agents ◽  
Socio Economic Development

The author discusses the importance of studying socio-structural factors of socio-economic development through a broader application of the economic approach. The resources of status positions of economic agents are in the spotlight. A possible platform for interdisciplinary interactions is proposed which allows to increase the contribution of both economics and sociology in improving governance at all levels.

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