2019
DOI: 10.4018/978-1-5225-9940-1.ch005
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Role of Technology and Entrepreneurship in Economic Development

Abstract: This chapter examines the role technological readiness and level of entrepreneurial activities has on economic development of select South Asian countries viz; India, Pakistan, Bhutan, and Nepal. As per comparative analysis, India outranks its neighbour countries in term of technological readiness and innovation. The role of entrepreneurial activities in economic development and its statistical significance is studied using Least Square Panel Data Regression using GDP at Current Prices as dependent variable an… Show more

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Cited by 4 publications
(3 citation statements)
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“…The results of this study also agree with the findings of a study of [38][39][40][41] that entrepreneurs agreed that entrepreneurship is affected by training to develop skills, the culture of learning from work itself, and social and cultural support among entrepreneurs.…”
Section: Discussionsupporting
confidence: 90%
“…The results of this study also agree with the findings of a study of [38][39][40][41] that entrepreneurs agreed that entrepreneurship is affected by training to develop skills, the culture of learning from work itself, and social and cultural support among entrepreneurs.…”
Section: Discussionsupporting
confidence: 90%
“…Most developing countries are facing "youth unemployment" which is a contemporary issue in all developing and under-developed countries, government, academic institutes and researchers are focusing on managing a high population without poverty [1]. The use of up-to-date technology helps in increasing the efficiency of production, decreases load from labor and the objective can be achieved in a short time [2]. University students are not given the concept of entrepreneurship but since childhood parents teach them to achieve an extraordinary salaried job because of which their intention develops of becoming a job seeker instead of a job creator [3].…”
Section: Introductionmentioning
confidence: 99%
“…According to the recent report of the W. B. G. E. P (2020) although these fast-growing microenterprises accounted for 3% to 20% of the industries "including manufacturing and services", they have generated more than 50% of new jobs in the services sector (2020,2020). It is evident across the world economies that entrepreneurship stimulates the economic growth in emerging economies including many countries in Latin America (Bosma et al, 2018;Ehrlich et al, 2017;Hamdani, 2006;Singh & Maurya, 2020;Urbano et al, 2019;Willis et al, 2020) and Africa [8][9]. To that end, entrepreneurship offers a long-lasting solution to the persistent unemployment problem that triggers other problems such as resource wastage, reduction in incomes, and shrinking economies, etc.…”
Section: Introductionmentioning
confidence: 99%