Econometric Modeling to Measure the Social and Economic Factors in the Success of Entrepreneurship

Rubilar-Torrealba, Rolando ; Chahuán-Jiménez, Karime ; de la Fuente-Mella, Hans ; Marzo-Navarro, Mercedes (Universidad de Zaragoza)

Resumen: The purpose of this research is to develop a theoretical model of the entrepreneurial decision of individuals and to measure the effect of a group of variables on this decision. The effects of variables such as income, age, gender, level of education, and entrepreneurial skills are studied. The results show that innovation and entrepreneurship are linked to the personal characteristics of individuals and the social context in which they develop, thus making it possible to guide social policies for the development of the economy. Logit and probit functions were used to measure the effect of the variables on the entrepreneurship phenomenon. The main findings of this research indicate that the variables with a significant impact on the success of entrepreneurship and innovation are income, age, gender, skill, and the interaction between the opportunity and education variables. © 2022 by the authors. Licensee MDPI, Basel, Switzerland.

Idioma: Inglés

DOI: 10.3390/su14137573

Año: 2022

Publicado en: Sustainability (Switzerland) 14, 13 (2022), 7573 [15 pp]
ISSN: 2071-1050

Factor impacto JCR: 3.9 (2022)

Categ. JCR: ENVIRONMENTAL SCIENCES rank: 114 / 275 = 0.415 (2022) - Q2 - T2
Categ. JCR: ENVIRONMENTAL STUDIES rank: 48 / 128 = 0.375 (2022) - Q2 - T2
Categ. JCR: GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY rank: 34 / 46 = 0.739 (2022) - Q3 - T3
Categ. JCR: GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY rank: 5 / 9 = 0.556 (2022) - Q3 - T2

Factor impacto CITESCORE: 5.8 - Engineering (Q1) - Energy (Q2) - Social Sciences (Q1) - Environmental Science (Q1)

Factor impacto SCIMAGO: 0.664 - Geography, Planning and Development (Q1) - Energy Engineering and Power Technology (Q2) - Environmental Science (miscellaneous) (Q2) - Renewable Energy, Sustainability and the Environment (Q2) - Hardware and Architecture (Q2) - Management, Monitoring, Policy and Law (Q2) - Computer Networks and Communications (Q2)

Tipo y forma: Article (Published version)

Área (Departamento): Área Comerci.Investig.Mercados (Dpto. Direc.Mark.Inves.Mercad.)