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Asessing the Role of Internet Development on Entrepreneurial Activity

In: Proceedings of the Business Innovation and Engineering Conference (BIEC 2022)

Author

Listed:
  • Arif Imam Suroso

    (IPB University, School of Business)

  • Idqan Fahmi

    (IPB University, School of Business)

  • Hansen Tandra

    (IPB University, Department of Resource and Environmental Economics)

Abstract

This study investigated the impact of internet development, including internet usage, fixed broadband subscriptions, and secure internet servers, on entrepreneurial activity, proxied by Global Entrepreneurship Index (GEI). This study, which covered 109 countries from 2015 to 2019, used the fixed panel regression method. The result showed that internet usage and secure internet servers have significant negative effects on the GEI. In the case of the economic classifications, the internet variables have a significant negative effect on the global entrepreneurship index in emerging and developing economies. However, in the case of advanced economies, internet variables have no significant effect on GEI. The effect of digitalization through internet technology must be considered for policymakers to manage the entrepreneurial ecosystems. The integration between entrepreneurship and internet could maintain the higher technological development to increase the higher output.

Suggested Citation

  • Arif Imam Suroso & Idqan Fahmi & Hansen Tandra, 2023. "Asessing the Role of Internet Development on Entrepreneurial Activity," Advances in Economics, Business and Management Research, in: Siti Jahroh & Khairiyah Kamilah & Asaddudin Abdullah & R. Dikky Indrawan & Sulistyo (ed.), Proceedings of the Business Innovation and Engineering Conference (BIEC 2022), pages 266-275, Springer.
  • Handle: RePEc:spr:advbcp:978-94-6463-144-9_25
    DOI: 10.2991/978-94-6463-144-9_25
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