期刊名称:Journal of Entrepreneurship, Management and Innovation
印刷版ISSN:2299-7075
电子版ISSN:2299-7326
出版年度:2013
卷号:9
期号:3
页码:57-78
DOI:10.7341/2013934
语种:English
出版社:Nowy Sacz Business School National-Louis University
摘要:The objectve of this paper is to examine the influence of poverty, unemployment and GDP on entrepreneurship. Time series data for 31 years was collected from various ofcial sources for the analysis. Vector autoregressive (VAR) framework was adopted to systematcally capture the rich dynamic of multple tme series. Other tests conducted were unit root test, Johansen and Juselius (1990) co-integraton test, Granger causality and dynamic model analysis beyond the sample. It was found that poverty and GDP influence entrepreneurship negatvely, while unemployment influences entrepreneurship positvely. The paper reveals the presence of both opportunity and necessity driven entrepreneurs in the country. There is a need for the government to revisit the existng policy on micro, small and medium enterprises (MSMEs) to adequately address the problem of the poor and unemployed by availing them with the opportunity to engage in entrepreneurship. Future study should consider mitgatng the effect of frequent entry and exit from entrepreneurship in their data to correctly predict the effect of entrepreneurship on the economy.