Entrepreneurial Climate in India, China and the USA
Entrepreneurship plays a vital role in the process of wealth creation and improving the standard of living of the people through large-scale employment generation. So this study aims to identify the critical factors among the entrepreneurial framework conditions (EFC) and entrepreneurial behaviour a...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Vilnius University Press
2023-12-01
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| Series: | Organizations and Markets in Emerging Economies |
| Subjects: | |
| Online Access: | https://www.zurnalai.vu.lt/omee/article/view/30558 |
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| author | Mahalakshmi S Thiyagarajan S Ranbir Sodhi Naresh G |
| author_facet | Mahalakshmi S Thiyagarajan S Ranbir Sodhi Naresh G |
| author_sort | Mahalakshmi S |
| collection | DOAJ |
| description | Entrepreneurship plays a vital role in the process of wealth creation and improving the standard of living of the people through large-scale employment generation. So this study aims to identify the critical factors among the entrepreneurial framework conditions (EFC) and entrepreneurial behaviour and attitudes (EBAA) in enhancing the entrepreneurship climate in the United States of America (USA), China and India. The data for the study is collected from GEM (Global Entrepreneurship Monitor) on EBAA and EFC. Exploratory factor analysis was attempted initially to reduce the EBAA and EFC data into manageable factors. Further, confirmatory factor analysis was attempted to cross-validate the results.
Key Points: • The results unveil that the Public conditions and Business Promotions (EFC) in the USA are superior to India and China. At the same time, India lags behind both the USA and China. • Indian entrepreneurs are more optimistic and audacious than their Chinese counterparts. • The future of entrepreneurship in India depends on what measures the Government adopts today to strengthen the entrepreneurship framework conditions.
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| format | Article |
| id | doaj-art-0fbcf2c8e4b34968ac56dc68688a7db4 |
| institution | Kabale University |
| issn | 2029-4581 2345-0037 |
| language | English |
| publishDate | 2023-12-01 |
| publisher | Vilnius University Press |
| record_format | Article |
| series | Organizations and Markets in Emerging Economies |
| spelling | doaj-art-0fbcf2c8e4b34968ac56dc68688a7db42025-02-11T18:16:44ZengVilnius University PressOrganizations and Markets in Emerging Economies2029-45812345-00372023-12-0114310.15388/omee.2023.14.2Entrepreneurial Climate in India, China and the USAMahalakshmi S0Thiyagarajan S1Ranbir Sodhi2Naresh G3https://orcid.org/0000-0003-0439-8303School of Business, Central University of Tamil NaduSchool of Management, Pondicherry UniversityGoa Institute of ManagementIndian Institute of Management TiruchirappalliEntrepreneurship plays a vital role in the process of wealth creation and improving the standard of living of the people through large-scale employment generation. So this study aims to identify the critical factors among the entrepreneurial framework conditions (EFC) and entrepreneurial behaviour and attitudes (EBAA) in enhancing the entrepreneurship climate in the United States of America (USA), China and India. The data for the study is collected from GEM (Global Entrepreneurship Monitor) on EBAA and EFC. Exploratory factor analysis was attempted initially to reduce the EBAA and EFC data into manageable factors. Further, confirmatory factor analysis was attempted to cross-validate the results. Key Points: • The results unveil that the Public conditions and Business Promotions (EFC) in the USA are superior to India and China. At the same time, India lags behind both the USA and China. • Indian entrepreneurs are more optimistic and audacious than their Chinese counterparts. • The future of entrepreneurship in India depends on what measures the Government adopts today to strengthen the entrepreneurship framework conditions. https://www.zurnalai.vu.lt/omee/article/view/30558entrepreneurshipGlobal Entrepreneurship Monitorpublic environmentbusiness promotionsentrepreneurial behaviorentrepreneurial attitude |
| spellingShingle | Mahalakshmi S Thiyagarajan S Ranbir Sodhi Naresh G Entrepreneurial Climate in India, China and the USA Organizations and Markets in Emerging Economies entrepreneurship Global Entrepreneurship Monitor public environment business promotions entrepreneurial behavior entrepreneurial attitude |
| title | Entrepreneurial Climate in India, China and the USA |
| title_full | Entrepreneurial Climate in India, China and the USA |
| title_fullStr | Entrepreneurial Climate in India, China and the USA |
| title_full_unstemmed | Entrepreneurial Climate in India, China and the USA |
| title_short | Entrepreneurial Climate in India, China and the USA |
| title_sort | entrepreneurial climate in india china and the usa |
| topic | entrepreneurship Global Entrepreneurship Monitor public environment business promotions entrepreneurial behavior entrepreneurial attitude |
| url | https://www.zurnalai.vu.lt/omee/article/view/30558 |
| work_keys_str_mv | AT mahalakshmis entrepreneurialclimateinindiachinaandtheusa AT thiyagarajans entrepreneurialclimateinindiachinaandtheusa AT ranbirsodhi entrepreneurialclimateinindiachinaandtheusa AT nareshg entrepreneurialclimateinindiachinaandtheusa |