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Drivers of venture creation in agricultural sector: a GEM data-based study

Author

Listed:
  • Syed Abid Hussain

    (Aligarh Muslim University)

  • Mohd Shamim

    (Aligarh Muslim University)

  • Zubair Ahmad Sofi

    (Islamia College of Science and Commerce)

  • Mohd Yasir Arafat

    (Aligarh Muslim University)

  • Aamir Hassan

    (Aligarh Muslim University)

Abstract

This study aims to evaluate the impact and weight of several cognitive, demographic, social, and cultural factors on the prospect of emerging as an entrepreneur in the agricultural sector in countries widely becoming agrarian. This study uses a data set of 799 respondents from nine emerging agrarian countries provided by the largest entrepreneurship research project, GEM. The data was analyzed by employing logistic regression. The outcomes depict that the inclination and propensity to commencing a new agricultural business are guided by opportunity perception, self-efficacy, a business angel, income, education, and work status. The government should try to enhance and develop an agri-entrepreneurial ecosystem to facilitate collaboration, interaction, and mobilization of resources in these countries. For this purpose, incubation centers should be established to help farmers understand market-oriented agricultural businesses. Relevant insights are derived about whether and how the cognitive, cultural, social, and demographic influence the tendency to initiate a new business in the agricultural sector in emerging agrarian countries.

Suggested Citation

  • Syed Abid Hussain & Mohd Shamim & Zubair Ahmad Sofi & Mohd Yasir Arafat & Aamir Hassan, 2022. "Drivers of venture creation in agricultural sector: a GEM data-based study," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 371-384, December.
    • Handle: RePEc:spr:jglont:v:12:y:2022:i:1:d:10.1007_s40497-022-00332-2
    DOI: 10.1007/s40497-022-00332-2
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