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The Impact of Open Data Implementation on Entrepreneurial Attitude with Regard to Moving towards UN Sustainability Goals

Author

Listed:
  • Tosin Ekundayo

    (Lincoln University College (Malaysia))

  • Amiya Bhaumik

    (Lincoln University College (Malaysia))

  • Justine Chinoperekweyi

    (Centre for Organization Leadership and Development (Zimbabwe))

Abstract

This study aimed to investigate the impact of open data implementation as part of its data governance initiatives on entrepreneurial attitudes in Europe and Central Asia. The impact of open data implementation in transforming entrepreneurial attitudes in Europe and Central Asia has never been determined or investigated in a measurable form. Using regression (OLS) analysis of secondary data on the open data implementation index from the Open Data Barometer (ODB) and the Entrepreneurial Attitude index from GEI, this study investigates the impact of open data implementation (as a national data governance strategy) on entrepreneurial attitudes in Europe and Central Asia. This study introduces a novel approach by integrating open data implementation into the analysis of entrepreneurial attitudes, a perspective yet to be explored in the context of Europe and Central Asia, thereby advancing our understanding of sustainable development goals. The study establishes a causation of the 32% impact of open data implementation on entrepreneurship attitudes toward recognizing opportunities in Europe and Central Asia. This study advocates for the establishment of a comprehensive national open data initiative as a catalyst for fostering entrepreneurial attitudes within Europe and Central Asia. Moreover, it emphasizes the importance for entrepreneurs to cultivate the necessary attitude for achieving their business objectives successfully. The study recommends further investigation using a recent dataset. The study’s findings improve the understanding of how to induce entrepreneurship attitudes in Europe and Central Asia in pursuit of post-pandemic economic development.

Suggested Citation

  • Tosin Ekundayo & Amiya Bhaumik & Justine Chinoperekweyi, 2023. "The Impact of Open Data Implementation on Entrepreneurial Attitude with Regard to Moving towards UN Sustainability Goals," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 17(4), pages 6-17.
    • Handle: RePEc:hig:fsight:v:17:y:2023:i:4:p:6-17
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    References listed on IDEAS

    as
    1. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "Global Entrepreneurship and Development Index 2018," SpringerBriefs in Economics, Springer, number 978-3-030-03279-1, October.
    2. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "The Global Entrepreneurship and Development Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2018, chapter 0, pages 21-37, Springer.
    3. M. Jean Blair & Bruno Gagnon & Andrew Klain & Biljana Kulišić, 2021. "Contribution of Biomass Supply Chains for Bioenergy to Sustainable Development Goals," Land, MDPI, vol. 10(2), pages 1-28, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    data governance; open data implementation; open data; entrepreneurship attitude; entrepreneurship;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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