Linking Entrepreneurial Activity to Economic Meltdown in Zimbabwe

Mukorera, Sophia; Mahadea, Darma

doi:10.5901/mjss.2014.v5n3p42

Cited by 4 publications

(7 citation statements)

References 16 publications

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“…All things being equal, a 1% increase in economic growth may stimulate SMEs growth by 1.05%. This result is in line with the works of Plehn-Dujowich and Grove (2012); Muller et al (2014); Mukorera and Mahadea (2014) who also fi nd a positive relationship between economic and SMEs growth. However, even though there is an inverse relationship between domestic credits provided by the fi nancial sector (DomCrFINSec) and SMEs growth in the Czech Republic, it is statistically insignifi cant.…”

Section: Resultssupporting

confidence: 81%

“…Some researchers (Wennekers, van Stel, Thurik and Reynolds, 2005;Van Stel, Thurik and Reynolds, 2005;Van Stel, Storey and Thurik, 2007;Van Stel et al, 2010;Mukorera and Mahadea, 2014) fi nd the cause and eff ect relationship between economic growth and entrepreneurship performance in countries across the globe. However, entrepreneurship is too broad in the present study.…”

Section: Some Empirical Evidencementioning

confidence: 99%

“…Similarly, Jasra et al (2011) fi nd a robust positive relationship between SMEs performance and the money supply, entrepreneurs' skills, and business plan in Pakistan. In the same direction, Mukorera and Mahadea (2014) analyze the structural link between micro and small-scale enterprises (MSEs) growth and some macroeconomic indicators in Zimbabwe. Using a Vector Error Correction Model (VECM), their fi ndings suggest that unemployment, infl ation, money supply and real GDP have an infl uence on MSEs growth in the country.…”

Section: Some Empirical Evidencementioning

confidence: 99%

See 2 more Smart Citations

SMEs Growth in the Czech Republic: Some Macroeconomic Perspectives

Osakwe¹,

Verter²,

Bečvářová³

et al. 2016

Acta Univ. Agric. Silvic. Mendelianae Brun.

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Small and medium enterprises (SMEs) are seen as a vehicle for employment generation, wealth creation, economic growth and development in countries that have a sound investment climate. SMEs, account for approximately one-third of GDP, over 50% of the value added, 99% of the share of total registered enterprises, and represent 60% of total employment in the Czech Republic. In the light of this background, the paper explores the infl uence of some macroeconomic variables on SMEs growth in the Czech Republic for the period 1995-2013. In order to assess the impacts of these critical macroeconomic variables (e.g., rate of unemployment, economic growth, credit provided by the fi nancial sector) on SMEs growth, we employed an econometric technique. Our fi ndings suggest a concave relationship between unemployment and SMEs growth in the Czech Republic. More precisely, it signifi es that beyond a turning point, unemployment is likely to slow down SMEs growth in the country. Our results further hint at a positive relationship between economic growth and SMEs growth. However, our empirical estimates showed an insignifi cant relationship between domestic credit provided by the fi nancial sector and SMEs growth in the country. The government of the Czech Republic should continue to provide an enabling investment climate and support for bolstering a sustainable SMEs development within the country. Similar to the extant literature, we have also implored the Czech government to do more with regard to the provision of easier access and aff ordable credits/loans to SMEs. We have also called for the reduction of bureaucratic bottlenecks that might have to do with SMEs legislations in the country.

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Section: Resultssupporting

confidence: 81%

Section: Some Empirical Evidencementioning

confidence: 99%

Section: Some Empirical Evidencementioning

confidence: 99%

See 1 more Smart Citation

SMEs Growth in the Czech Republic: Some Macroeconomic Perspectives

Osakwe¹,

Verter²,

Bečvářová³

et al. 2016

Acta Univ. Agric. Silvic. Mendelianae Brun.

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show abstract

“…Evidence shows that entrepreneurial behavior is one of the factors closely associated with unemployment conditions (Audretsch, Carree, & Thurik, 2001;Bergmann & Sternberg, 2007;Bosma & Levie, 2010;Mukorera & Mahadea, 2014;Tewolde, Feleke, Mamo, Hayat, & Siyom, 2016;Thurik & Wennekers, 2004). Relatedly, incognizant of the role of entrepreneurial behavior in the economy on the one hand and the role of entrepreneurial intent in predicting entrepreneurial behavior, on the other hand, studies have called for further research on entrepreneurial intention (Ajzen, 1991;Gartner, Shaver, Gatewood, & Katz, 1994;Krueger Jr & Day, 2010;Schlaegel & Koenig, 2014).…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurial intent among prospective graduates of higher education institution: an exploratory investigation in Kafa, Sheka, and Bench-Maji Zones, SNNPR, Ethiopia

Issa

Tesfaye

2020

J Innov Entrep

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The purpose of this paper is to present results of an exploratory study conducted on entrepreneurial intent among graduating class students of higher education institutions in Kafa, Sheka, and Bench-Maji Zones, Southern Nation Nationalities Peoples’ Region (SNNPR), Ethiopia. The research design of the study was a cross-sectional survey design where relevant data were collected through questionnaires from a sample of 347 University and Technical and Vocational Education and Training (TVET) College graduating class students. The data were analyzed using both descriptive statistics (bar graph and pie chart) and inferential statistics (chi-square goodness-of-fit test, independent samples t test, and one-way between-group analysis of variance). The study found out that among prospective graduates of higher education institutions in the study area, only 45.4–50.6% had low, 24–33.7% had moderate, and 18–25% had a high level of entrepreneurial intent. The study also showed that the level of higher education, prior experience of self-employment, and the chance of taking extracurricular entrepreneurship courses were the three demographic and other distal variables that explained the difference in entrepreneurial intent among the study population. The study, however, showed gender, the chance of taking entrepreneurship courses as part of curriculum, college, department, parent’s occupation, and level of education had no statistically significant association with entrepreneurial intent of the study population. The study is expected to hold relevant inputs to politicians and national policy-makers, the Ministry of Science and Higher Education, entrepreneurial intent researchers, and model developers.

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“…The Granger causality test refers to White & Pettenuzzo (2010). Meanwhile, the VECM method refers to Gaffeo & Santoro (2009);Mukorera & Mahadea (2014).…”

Section: Methodsmentioning

confidence: 99%

The relationship between macroeconomic variables and small-and-medium-enterprises in Indonesia

Cahyadin¹

2017

EJEM

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This study analyses the interaction between macroeconomic variables and indicators of small and medium enterprises (SME) in Indonesia. The analysed data include GDP, inflation, unemployment, poverty number, the number of SME business units, total SME employment, and SME investment. It uses Granger Causality Test and VECM. It suggests that macroeconomic variables and SME indicators have one causal direction. In addition, there are short term and long term relationships between macroeconomic variables and indicators of SME. The response of macroeconomic variables for indicators of SME takes 4.5-5 years to stabilize. Meanwhile, the contribution of SME to GDP indicator is likely to increase from quarter 1 to 64. AbstrakPenelitian ini menganalisis interaksi antara variabel makroekonomi dan indikator usaha kecil dan menengah (UKM) di Indonesia. Data penelitian meliputi PDB, inflasi, jumlah pengangguran, jumlah kemiskinan, jumlah unit usaha UKM, jumlah tenaga kerja UKM, dan nilai investasi UKM. Metode analisis data menggunakan Granger Causality Test and VECM. Hasil penelitian menunjukkan bahwa variabel makroekonomi dan indikator UKM di Indonesia mempunyai kausal satu arah. Selain itu, ada hubungan jangka pendek dan jangka panjang antara variabel makroekonomi dan indikator UKM. Respon variabel makroekonomi terhadap indikator UKM memerlukan waktu 4.5-5 tahun untuk stabil. Sementara itu, kontribusi indikator UKM terhadap GDP Indonesia cenderung meningkat dari kuartal 1 sampai 64.

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Linking Entrepreneurial Activity to Economic Meltdown in Zimbabwe

Abstract: Understanding the relationship between entrepreneurship and key macroeconomic growth indicators is

Cited by 4 publications

References 16 publications

SMEs Growth in the Czech Republic: Some Macroeconomic Perspectives

SMEs Growth in the Czech Republic: Some Macroeconomic Perspectives

Entrepreneurial intent among prospective graduates of higher education institution: an exploratory investigation in Kafa, Sheka, and Bench-Maji Zones, SNNPR, Ethiopia

The relationship between macroeconomic variables and small-and-medium-enterprises in Indonesia

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