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

dc.creatorRubilar Torrealba, Rolando
dc.creatorChahuan Jimenez, Karime
dc.creatorDe La Fuente Mella, Hanns
dc.creatorMarzo Navarro, Mercedes
dc.date2022
dc.date2022-08-01T18:52:49Z
dc.date2022-08-01T18:52:49Z
dc.date.accessioned2022-10-18T14:52:21Z
dc.date.available2022-10-18T14:52:21Z
dc.identifierSUSTAINABILITY,Vol.14,2022
dc.identifierhttps://repositoriodigital.uct.cl/handle/10925/4630
dc.identifier10.3390/su14137573
dc.identifier.urihttps://repositorioslatinoamericanos.uchile.cl/handle/2250/4444067
dc.descriptionThe 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.
dc.languageen
dc.publisherMDPI
dc.sourceSUSTAINABILITY
dc.subjectentrepreneurship
dc.subjectinnovation
dc.subjectcountry development
dc.subjectdata science
dc.subjecteconometric modeling
dc.titleEconometric Modeling to Measure the Social and Economic Factors in the Success of Entrepreneurship
dc.typeArticle


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