Paraphernalias of Entrepreneurship – A Contemplating Outlook

2019 ◽  
Vol 9 (1) ◽  
pp. 47-62
Author(s):  
K. Madhu Kishore Raghunath ◽  
Chandra Sekhar Patro ◽  
K. Sirisha
Keyword(s):  
Present Article ◽  
Doing Business ◽  
Factors Influencing ◽  
Start Up ◽  
The World ◽  
Ease Of Doing Business ◽  
New Phase

Entrepreneurship is the impetus for development of any nation. Entrepreneurship has been the modern way of the industrialisation process which revolutionised the present day of living. In today's world, entrepreneurship has become an act of inspiration which eventually has had a compounding effect on society, and nations as a whole, benefiting mankind. The world is going through a new phase where people no longer just depend on industries to thrive, but come up with an idea reinventing themselves, eventually establishing a start-up. The act of reinventing oneself is nothing but an act of entrepreneurship which is believed to all businesses. The present article deals with ubiquitous issues ranging from entrepreneurial outlook in India and globally, factors influencing entrepreneurship, Global scenario of ease of doing business and many more issues which needs to be prioritised to set the pace for entrepreneurship to flourish.

scholarly journals Investigating Factors Related to Easy of Doing Business Score in Asian Countries

2021 ◽  
Vol 5 (1) ◽  
pp. 1-14
Author(s):  
Niyungeko Antoine
Keyword(s):  
World Bank ◽  
Business Environment ◽  
Legal Rights ◽  
Doing Business ◽  
The World Bank ◽  
Start Up ◽  
The World ◽  
Domestic Credit ◽  
Ease Of Doing Business ◽  
Time Required

The objective of this study is to investigate the relationship between ease of doing business score (EDBS) and cost of business start-up procedures (CBS), age dependency ratio (ADR), strength of legal rights index (SLRI), time required to get electricity (TRGE), domestic credit to private sector (DCPS), and start-up procedures to register a business (SPRB). Since 2004, the World Bank evaluates 190 economies based on business regulatory indicators ignoring other factors that may be related to business environment. This paper investigates new factors related to EDBS ignored by the World Bank since 2004. The results of correlation analysis show a negative and significant correlation between EDB and CBS, ADR, TRGE, and SPRB. Nevertheless, a positive and significant correlation was found between EDB and SLRI and DCPS. The linear regression model finds that SLRI and DGPS affected EDB positively and significantly. However, TRGE and SPRB affected negatively to EDB. Asian policymakers should reinforce SLRI and increase DCPS. However, they should also reduce TRGE and SPRB to improve EDB. Further research should be conducted on other regions and test also other factors.

scholarly journals The Problem of the Ease of Doing Business Assessment

10.3846/155 ◽  
2011 ◽  
Vol 1 (3) ◽  
pp. 66-69 ◽  
Author(s):  
Mindaugas Samoška
Keyword(s):  
Data Mining ◽  
Qualitative Methods ◽  
Quantitative Method ◽  
Global Competitiveness ◽  
Doing Business ◽  
The World ◽  
World Economic ◽  
Ease Of Doing Business ◽  
Quantitative And Qualitative Methods

The study deals with the ease of doing business and global competitiveness assessment models. Both models basically describe conditions for doing business in a certain country that is being ranked and evaluated. However, different data mining principles differ the results (quantitative and qualitative methods), although factors measured are basically the same concerning its nature and importance. The World Economic Forum’s method takes into account several factors that are possible to evaluate only in quantitative method (e.g. Ethics and corruption). We have overviewed both models and graphically presented evaluation processes with detailed factors that are evaluated in each model.

scholarly journals Menarik Investasi Ke Indonesia Dengan Tax Holiday

2021 ◽  
Vol 2 (2) ◽  
pp. 135-141
Author(s):  
Irwan Aribowo ◽  
Deny Irawan
Keyword(s):  
World Bank ◽  
Tax Incentives ◽  
Positive Signal ◽  
Doing Business ◽  
The World Bank ◽  
The World ◽  
Ease Of Doing Business ◽  
Tax Holidays ◽  
The Right ◽  
Tax Holiday

This research contains about how tax holiday as one of the tax incentives used by the Indonesian government to attract investment Ease of Doing Business index (EoDB)  released by the World Bank. Tax holiday is expected to be able to provide a positive signal to investors that Indonesia is the right country to invest in. In this paper it was found that tax holidays are not capable of attracting investment alone, but other factors are needed in order for tax holidays to be successful in attracting investment. Penelitian ini berisi tentang bagaimana tax holiday sebagai salah satu insentif pajak yang digunakan oleh pemerintah Indonesia untuk menarik investasi Karena pajak merupakan salah satu yang menjadi perhitungan dalam indeks kemudahan bisnis yang dirilis oleh Bank Dunia. Tax holiday diharapkan mampu memberikan sinyal positif kepada para investor bahwa Indonesia adalah negara yang tepat untuk berinvestasi. Dalam penelitian ini dtemukan bahwa tax holiday tak mampu sendirian menarik investasi, akan tetapi dibutuhkan faktor-faktor lain agar tax holiday berhasil menarik investasi,

Diffusion Patterns of the Internet Technology Cluster in Irish SMEs

2005 ◽  
pp. 858-863
Author(s):  
James Griffin
Keyword(s):  
Electronic Commerce ◽  
World Economy ◽  
Internet Technology ◽  
The Internet ◽  
New Paradigm ◽  
Capitalist Development ◽  
Doing Business ◽  
Sectoral Change ◽  
The World ◽  
New Phase

Electronic commerce has been recognised as a source of fundamental, pan-sectoral change to the conduct of business; Chan and Swatman (2000) use the term: “A new paradigm for doing business.” Other authors have gone further, viewing modern IT developments as the latter part of a period starting in the mid-1970s that represents a transition to nothing less than a new phase of capitalist development (Amin, 1994). Benjamin, Rockhart, Scott Morton, and Wyman (1983) also suggest that the world economy has been fundamentally altered by the globalisation of competition which has largely been caused by the declining cost and consequent increasing spread of IT developments.

Policies could damage Tanzania’s strong growth trend

2017 ◽  
Keyword(s):  
Tax Evasion ◽  
Financial Services ◽  
Growth Trend ◽  
Sharp Drop ◽  
Content Type ◽  
Doing Business ◽  
The World ◽  
Ease Of Doing Business ◽  
Tourism Revenue ◽  
Growing Population

Significance The World Bank’s 2017 Ease of Doing Business ranking shows Tanzania improving, moving up to 132nd place from 144 last year. However, an austerity drive and a crackdown on tax evasion may undermine progress. Businesses have shuttered since President John Magufuli took office, and commercial retrenchment could dampen key growth sectors including construction, telecoms and financial services. Impacts A fast-growing population of 53 million will add to an already large consumer base. A sharp drop in tourism revenue could prompt a review of taxation on the sector. Natural gas discoveries could boost revenue, but exports will only begin in the next decade.

scholarly journals The relationship between government, market and enterprises in Vietnam

2014 ◽  
Vol 17 (1) ◽  
pp. 16-28
Author(s):  
Dao Thi Thieu Ha
Keyword(s):  
Economic Freedom ◽  
Government Effectiveness ◽  
Clear Cut ◽  
Governance Indicators ◽  
Doing Business ◽  
The World ◽  
Economic Freedom Index ◽  
Ease Of Doing Business ◽  
The Government ◽  
The Relationship

This article analyses the reality relationship among government, market and enterprises in Vietnam in the period of 1996-2012. We find out that: (i) the effectiveness of government indicators such as ease of doing business index, the economic freedom index, the government effectiveness indicators (belong to the governance indicators) improved considerably overtime but have not reached the average level of the world; (ii) the relationship between government and enterprises has not been clear-cut. As a result, though many reforms have been conducted, state owned enterprises still take up a high percentage in many industries and enjoy multiple preferential polices while operate inefficiently. This articles also points out the reasons of the situation and gives some recommendations for solving those problems.

scholarly journals Efisiensi Administrasi Pajak sebagai Strategi Peningkatan Kemudahan Berusaha di Indonesia

2021 ◽  
Vol 5 (1) ◽  
pp. 74-90
Author(s):  
Muhammad Wiryo Susilo
Keyword(s):  
World Bank ◽  
Qualitative Approach ◽  
Tax Administration ◽  
Investment Climate ◽  
Payment Methods ◽  
Doing Business ◽  
The World Bank ◽  
Digital Services ◽  
The World ◽  
Ease Of Doing Business

The COVID-19 pandemic threatens the world's investment climate, including Indonesia. Indonesia is required to increase its business ease ranking so that it can compete in attracting investment. Tax administration has an important role as one of the factors determining the ease of doing business according to the World Bank. The ease of paying taxes in Indonesia has continued to increase from time to time but is still lagging behind other countries. This study aims to analyze the efficiency of tax administration in relation to the ease of doing business in Indonesia; enrich the literature on tax administration efficiency policies; and provide recommendations for improvement of ease of doing business through efficiency of tax administration based on tax administration theory and relevant concepts of ease of doing business. This research uses a descriptive qualitative approach. The results showed that the ease of paying taxes in Indonesia is still low and there are three indicators that need to be improved, namely payment, time and filling index. The author recommends simplifying tax payment types, utilizing cashless payment methods through digital services and using Artificial Intelligence in making tax decisions.

scholarly journals Societal Integration in Countries Ranking Similarly in Ease of Doing Business Index

2020 ◽  
Vol 8 (5) ◽  
pp. 1266-1271
Keyword(s):  
Environmental Factors ◽  
World Bank ◽  
Power Distance ◽  
Cultural Dimension ◽  
Social Dimensions ◽  
Doing Business ◽  
The World ◽  
Ease Of Doing Business ◽  
Per Capita ◽  
Ranking Countries

Countries across the world differ in terms of macro-environmental factors. These differences reflect in their performance as well as growth and development. Most efficient countries have some common characteristics that make them distinct as compared to less efficient countries. Every year World Bank ranks countries on Ease of doing business Index. The present paper is an attempt to see if like other macro environmental factors (per capita income corruption etc.), there is any pattern in culture/social dimensions as well in two different groups of countries, i.e. countries which are ranked high and those which are ranked low on Ease of Doing Business Index. The data is taken from World Bank’s website. Top and bottom ranking countries were analyzed as two separate groups on two different parameters from Hofstede’s cultural dimension framework, viz., Individualistic vs. Collectivist and Power Distance.

scholarly journals Evaluating Starting a Business Indicators Innovation in the World

2021 ◽  
Author(s):  
Antoine Niyungeko
Keyword(s):  
World Bank ◽  
Rank Test ◽  
Doing Business ◽  
The World Bank ◽  
The World ◽  
Wilcoxon Sign Rank ◽  
Ease Of Doing Business ◽  
Sign Rank Test ◽  
Business Cost ◽  
Starting A Business

Since 2003, the World Bank has produced an annual report ranking economies based on ease of doing business score. However, little is known whether the improvements made by evaluated economies on starting business indicators are statistically significant as claimed by the World Bank. This study aims to evaluate the extent to which starting business indicators were improved in 145 economies evaluated. Indicators assessed are score-starting a business (SBS), starting a business - procedures -men (SBPM), Starting a business –time-men (SBTM), Starting a Business - Cost - Men (SBCM), starting a business - procedures - women (SBPW), starting a business - Time - Women (SBTW), Starting a Business - Cost - Women (SBCW), and Starting a Business - Paid-in Minimum capital (SBPMC). This study used secondary quantitative data retrieved from the database of the World Bank for the 2004 and 2020 periods. The sample size was made by 145 economies. Wilcoxon-sign-rank-test-paired-sample was computed using R programming environment. The results of the Wilcoxon-sign-rank-test-paired-sample indicated that the mean differences are statistically different from zero for all indicators except evaluated. This means economies evaluated improved those indicators for 2020 compared to 2004. The study’s findings provide clear insight to policymakers regarding innovations made on the efforts of ease of doing business improvement. Better use of the findings of this study would lead to reducing corruption and increasing formal business, increasing the number of newly registered businesses, generating an increase in business opportunities of starting a new business, and increasing the productivity of companies. This study evaluated whether business regulatory implemented regarding starting a business was statically significant. Future research should be conducted to test empirically the significance of implemented procedures related to other indicators evaluated in doing business reports. This research is novel by testing empirically innovations made in 145 world economies on starting business requirements.

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