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An Empirical Analysis of Entrepreneurial Ecosystem in Selected Asian Countries

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An Empirical Analysis of Entrepreneurial Ecosystem in Selected Asian Countries


Neha Tiwari

https://doi.org/10.31142/ijtsrd9436



Neha Tiwari "An Empirical Analysis of Entrepreneurial Ecosystem in Selected Asian Countries" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2, February 2018, pp.633-642, URL: https://www.ijtsrd.com/papers/ijtsrd9436.pdf

The positive relationship between entrepreneurship and economic development through employment generation and poverty reduction has been well established in academic research. This is the rationale why governments across different countries try to comprehend the dynamics of entrepreneurship. There is growing interest in decoding the context in which entrepreneurship thrives. Research on “Entrepreneurial Ecosystem” has gained momentum since it provides the necessary framework in which entrepreneurship develops. The objective of this study is to analyze the various components of entrepreneurial ecosystem and Total early stage entrepreneurial activity (TEA) in selected Asian countries. The research is based on secondary data related to entrepreneurial ecosystem and total early stage entrepreneurial activity, provided by Global entrepreneurship Monitor (GEM). The findings of the research indicate that there is need to improve the entrepreneurial ecosystem in Asian countries. Asian countries exhibit insufficient provisions of access to finance for entrepreneurs. Government policies and programs, taxes and bureaucratic regime are also insufficient for nurturing entrepreneurial environment. Entrepreneurship education and training both at basic school level and post school level are not sufficient for creating a conducive environment for entrepreneurs. Markets, infrastructural provisions and social and cultural norms are also not found to be sufficient for entrepreneurship to thrive in Asian context. Total early stage entrepreneurial activity (TEA) is also quite low for Asian countries. The findings of the study can be of instrumental value for academicians and policy makers interested in entrepreneurship development in Asia.

Entrepreneurship, Entrepreneurial ecosystem, Total early stage entrepreneurial activity (TEA), Global entrepreneurship Monitor (GEM)


IJTSRD9436
Volume-2 | Issue-2, February 2018
633-642
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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