Effect Of Entrepreneurship Growth On Infrastructure Development In Emerging Economies
Journal Title: International Journal of Scientific Research and Management - Year 2016, Vol 4, Issue 5
Abstract
he study investigated the effect of entrepreneurship growth on infrastructure development in emerging economies of Nigeria, Brazil and Malaysia. Data were sourced from World Development Indicator for the selected economies of Nigeria, Brazil and Malaysia for 25 years ranging from 1989 to 2013 . Variables such as communication proxied by Telephone lines per 100 people (COM), and Power proxied by electric power transmission and distribution losses (POW) serve d as independent variables and entrepreneurship growth (EG) as dependent variable were incorporated into the model. The data were analyzed using multiple regression analysis of Ordinary Least Square (OLS) and cointegration technique. The con integration analysed showed that there is a long run relationship between Entrepreneurial Development and Infrastructural De velopment in Emerging Economies . The OLS result revealed that only in Brazil that infrastructure has significant effect on entrepreneurial development indicating that mixed fin ding exist on the effect of entrepreneurial development on infrastructure development in emerging economies. The study thus recommend that e ntrepreneurial growth and infrastructure development should be encouraged through incentives such as tax holiday and through integration, communication, computer services and hi - tech firms as these variables are some of the world acclaimed economic indicators
Authors and Affiliations
Felicia Omelogo Uchehara
Keywords
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