WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 17, 2020
Importance of Knowledge to Entrepreneurial Activity: Empirical Evidence from Southeast Asian Nations
Authors: ,
Abstract: Although various studies have been conducted to examine the role of knowledge in the entrepreneurial process, the results reveal inconsistencies. Moreover, the relationship between knowledge factors and their role in explaining the entrepreneurial intentions still has no clear answer. Our study investigates the effects of knowledge factors on the likelihood to engage in entrepreneurial activity. Our analyses are based on data collected for the 2015 Global Entrepreneurship Monitors (GEM) from individuals locates in Southeast Asian Nations including Malaysia, Thailand and Vietnam with a sample of 1964, 2902 and 1889 participants, respectively. Our findings show that knowledge, skills and experience and knowing an entrepreneur have a significant impact on the entrepreneurial intentions. The contribution of this study is twofold. First, it provides empirical evidence on the relationship between knowledge factors and start-up activity. Second, it contributes to the understanding of entrepreneurship environment in Southeast Asian Nations, a critical part of the world.
Search Articles
Pages: 317-324
DOI: 10.37394/23207.2020.17.33