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IMPACT OF ENTREPRENEURSHIP ON EXPORTS IN DEVELOPING COUNTRIES

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http://dx.doi.org/10.31703/gmsr.2024(IX-II).01      10.31703/gmsr.2024(IX-II).01      Published : Jun 2024

Impact of Entrepreneurship on Exports in Developing Countries

Abstract

    Entrepreneurship plays an important role in shaping a country’s economy, particularly in developing countries where it has an effect on export performance. Entrepreneurship fosters innovation, identifies new market opportunities, and improves productivity, which helps in expanding exports. This study investigates the impact of entrepreneurship on exports in developing countries. For this purpose, panel data has been taken from the year 2001 to 2020. Generalized method of moments (GMM), Fixed effect (FE), and First difference methods have been used to analyze the impact of entrepreneurship on exports. The empirical results reveal the significant and positive effects of entrepreneurship on exports in developing countries. However, in lower-middle-income countries, the results are mixed. For upper-middle income countries, the results are positive and significant. The results of the study suggest that policymakers need to work on improvement and more investment in entrepreneurship in order to boost exports.

    Exports, Entrepreneurship, Fixed Effects, Generalized Method of Moments.

    (1) Muhammad Mueen
    Graduate, Department of Economics, Faculty of Humanities and Social Sciences, University of Central Punjab, Lahore, Punjab, Pakistan.
    (2) Arslan Tariq Rana
    Assistant Professor, Department of Economics, Faculty of Humanities and Social Sciences, University of Central Punjab, Lahore, Punjab, Pakistan.
    (3) Muhammad Ilyas Ansari
    Assistant professor, Center for General Education, University of Central Punjab, Lahore, Punjab, Pakistan.
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Cite this article

APA

CHICAGO

    CHICAGO : Mueen, Muhammad, Arslan Tariq Rana, and Muhammad Ilyas Ansari. 2024. "Impact of Entrepreneurship on Exports in Developing Countries." Global Management Sciences Review, IX (II): 1-12 doi: 10.31703/gmsr.2024(IX-II).01

HARVARD

    HARVARD : MUEEN, M., RANA, A. T. & ANSARI, M. I. 2024. Impact of Entrepreneurship on Exports in Developing Countries. Global Management Sciences Review, IX, 1-12.

MHRA

    MHRA : Mueen, Muhammad, Arslan Tariq Rana, and Muhammad Ilyas Ansari. 2024. "Impact of Entrepreneurship on Exports in Developing Countries." Global Management Sciences Review, IX: 1-12

MLA

    MLA : Mueen, Muhammad, Arslan Tariq Rana, and Muhammad Ilyas Ansari. "Impact of Entrepreneurship on Exports in Developing Countries." Global Management Sciences Review, IX.II (2024): 1-12 Print.

OXFORD

    OXFORD : Mueen, Muhammad, Rana, Arslan Tariq, and Ansari, Muhammad Ilyas (2024), "Impact of Entrepreneurship on Exports in Developing Countries", Global Management Sciences Review, IX (II), 1-12

TURABIAN

    TURABIAN : Mueen, Muhammad, Arslan Tariq Rana, and Muhammad Ilyas Ansari. "Impact of Entrepreneurship on Exports in Developing Countries." Global Management Sciences Review IX, no. II (2024): 1-12. https://doi.org/10.31703/gmsr.2024(IX-II).01