An Analysis of the Entrepreneurial Ecosystem of Malawi: The Global Entrepreneurship Index (GEI) Approach

Abstract

The research paper provides an in-depth analysis of the entrepreneurial ecosystem of Malawi. Employing the Global Entrepreneurship Index (GEI) methodology, the findings reveal a weak entrepreneurial ecosystem with a GEI score of 12.2 out of a possible 100. The relationship between the GDP per capita and the three entrepreneurship sub-indices, thus, attitude, ability, and aspiration are very weak and fall well below global average trends. Unfortunately, despite the high total entrepreneurship activities (TEA) in Malawi, this leads to little contribution to the country's GDP per-capita – a common phenomenon in many developing countries. At the pillar level, Malawi’s performance is a mixed bag, however, with most pillars performing not only poorly but below world averages. Despite the general positive perception of entrepreneurship by citizens, the country’s weak entrepreneurial ecosystem has failed to harness the propensity to develop new products and adopt new technologies for innovation and high growth entrepreneurship. From a policy intervention perspective, Malawi needs to focus most of its efforts and investments in five areas that include start-up skills, risk acceptance, high growth, risk capital, and human capital to improve the country's GEI score by 0.02.

Determinants of the Entrepreneurial Influence on Academic Entrepreneurship—Lessons Learned from Higher Education Students in Portugal

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“…Other studies reveal factors related to the business as drivers of the entrepreneurial attitude [75] and consider that the evidence on business strategies that show good performance provokes an increase in interest in entrepreneurial operations. Kristiansen and Indarti [76], applied a study to Indonesian and Norwegian juveniles, to evaluate the influence of demographic and individual background factors, personality traits, and attitudes, as well as contextual elements, such as access to capital and access to information, in the entrepreneurial intention.…”

Condiciones que fomentan la Actividad Emprendedora en Ecuador: Análisis empírico del financiamiento y las políticas gubernamentales

“…El papel de la actividad emprendedora es reconocido en la investigación empresarial y académica, dado que es fundamental para el desarrollo y bienestar de la sociedad (Silva et al, 2018). En los últimos años, las actividades empresariales entre países han avanzado de manera significativa con considerables aportes al crecimiento económico (Pobee y Mphela, 2021). En ese mismo orden de ideas, Cuarán et al (2021) y Cañarte-Quimis et al ( 2020) sostienen que el emprendimiento es uno de los factores más importantes para el desarrollo económico de un país, debido a que mejora la calidad de vida de los emprendedores, genera autoempleo, y otras fuentes de trabajo, así como, independencia, estabilidad económica, y es la alternativa más efectiva para combatir la pobreza.…”