A Partial Least Square Modelling for Analysis the Impact of Welfare to Entrepreneurship Climate in Oecd Countries

Abstract

Socioeconomic issues in countries all over the world affect the entrepreneurship ecosystem. The impact of socioeconomic issues and developments on individuals' lives conceptualizes welfare. In this sense, the relationship between the welfare of the countries and the entrepreneurial climate is the object of interest. This study aims to investigate the impact of socioeconomic welfare on entrepreneurial climate in OECD countries with the PLS-SEM method by using OECD's Better Life Index and World Bank Ease of Doing Business Index for 2020. This study contributes to previous literature by reversing the analysis of the relationships between entrepreneurship and well-being. The model established with the assumption that all sub-indicators of the better life index positively impact the ease of doing business, only correlated with income, employment, and education indicators. However, there is only a positive and significant relationship between the education variable of better life and ease of doing business at p <,001 level among these correlations. According to results, the duration in education, education level of the working-age population, and the increase in the PISA averages of the countries increase the ease of doing business in terms of entrepreneurship climate.

Keberterimaan Media Multimodalitas Berbasis Website Dalam Perspektif Guru: Tinjauan the Utaut Model

“…Metode yang peneliti gunakan dalam penelitian ini adalah survei korelasional dengan analisis jalur. "Teknik Partial Least Square-Structural Equation Modeling (PLS-SEM)" diadopsi untuk menganalisis dan menjelaskan hubungan antar variabel, kesesuaian variabel, dan model fit studi (BİNGÖL, 2020). Teknik ini cocok untuk laporan yang menggabungkan dan memeriksa predictor yang belum teruji dan kerangka kerja teoretis (Karda et al, 2015).…”