IDEAS home Printed from https://ideas.repec.org/a/sae/jouent/v31y2022i2p402-424.html

Entrepreneurial Activity and Economic Growth of BRICS Countries: Retrospect and Prospects

Author

Listed:
  • Ashok K. Gaba
  • Nitika Gaba

Abstract

Entrepreneurial activity is generally considered to be an important tool for improving economic growth through innovation and employment. The objective of the study was to determine the relationship among economic growth (GDP), entrepreneurial intention (EI), total early-stage entrepreneurial activity (TEA), established business ownership (EBO) rate and high job creation expectation (HJCE) rate. The research design followed a quantitative approach to annual secondary data from 2014 to 2018 for the BRICS countries (Brazil, Russia, India, China and South Africa). The dynamic ordinary least squares model was used to test the relationship among variables. Results indicated that EI is a significant determinant for economic growth. The study added to the prior literature by confirming that EI drives economic growth which can be useful for the policymakers.

Suggested Citation

  • Ashok K. Gaba & Nitika Gaba, 2022. "Entrepreneurial Activity and Economic Growth of BRICS Countries: Retrospect and Prospects," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 31(2), pages 402-424, July.
    • Handle: RePEc:sae:jouent:v:31:y:2022:i:2:p:402-424
    DOI: 10.1177/09713557221097160
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/09713557221097160
    Download Restriction: no
    File URL: https://libkey.io/10.1177/09713557221097160?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cristian A Rojas & Felipe Chávez-Bustamante & Rolando Rubilar-Torrealba, 2024. "Human development and entrepreneurship: A cross-country analysis of early-stage, intention, and discontinuation," PLOS ONE, Public Library of Science, vol. 19(11), pages 1-21, November.
    2. Sajida Parveen & Bilal Ahmad & Wasim ul Rehman & Omur Saltik & Mustafa Bekmezci, 2025. "Women career success as an entrepreneur: the triad of passion, Self-Efficacy, and opportunity recognition," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 15(1), pages 1-13, December.
    3. Michael Olumekor, 2024. "Fuzzy Methods in Entrepreneurship Research," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 33(2), pages 365-392, May.
    4. Austin Mwange & Windu Matoka, 2024. "An Empirical Study of the Role of Entrepreneurship in Zambia’s Economic Growth (1990-2023)," East African Finance Journal, East African Finance Journal, vol. 3(2).
    5. Louis Logogye & Michael Adusei & Kwasi Poku & Godfred Aawaar, 2025. "Financial inclusion—entrepreneurship nexus: evidence from a threshold analysis," Journal of Business Economics, Springer, vol. 95(4), pages 587-616, May.
    6. Sue Abdinnour & Sesan Oluseyi Adeniji, 2023. "Empirical analysis of the impact of entrepreneurial activity on economic growth of Global Entrepreneurship Monitor (GEM) countries," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 13(1), pages 1-11, December.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:jouent:v:31:y:2022:i:2:p:402-424. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.ediindia.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.