Entrepreneurial activity in China and Pakistan: a GEM data evidence. Issue 2 (27th May 2014)

• Record Type: Journal Article
• Authors: Anwar ul Haq, Muhammad; Usman, Muhammad; Hussain, Nazar; Anjum, Zafar-uz-Zaman
• Is Part Of: Journal of entrepreneurship in emerging economies. Volume 6:Issue 2(2014)
• Page Start: 179
• Page End: 193
• Publication Date: 2014-05-27
• Subjects: Entrepreneurial intention -- Entrepreneurial activity -- Fear of failure -- Knowledge of other entrepreneurs -- Perception of capabilities -- Perception of opportunities; Entrepreneurship -- Developing countries -- Periodicals; Business enterprises -- Developing countries -- Periodicals; Business enterprises, Foreign -- Developing countries -- Periodicals; Industrial management -- Developing countries -- Periodicals; Developing countries -- Commerce -- Periodicals; 338.04091724
• DOI: 10.1108/JEEE-03-2014-0006
• Languages: English
• ISSNs: 2053-4612

Abstract

Abstract : Purpose: – This study aims to compare the entrepreneurial activity in China and Pakistan based on these factors: fear of failure, perceived capabilities, perceived opportunities, and knowledge of other entrepreneurs. Design/methodology/approach: – The authors use the data from global entrepreneurship monitor (GEM). In this study, the authors use the cross-sectional data for survey year 2010, both for China and Pakistan. The authors employed the sequential logistic regression model in order to predict the likelihood of involvement in entrepreneurial activity. Findings: – Chinese are not significantly influenced by their fear of failure to engage in entrepreneurial activity. Gender is also not a significant predictor of entrepreneurial activity in China. In Pakistan, perception of opportunities does not significantly predict whether to involve in entrepreneurial activity or not, while other factors do. Gender is a significant predictor of entrepreneurial activity in Pakistan. Originality/value: – Previously literature is lacking in this kind of a unique comparison based upon GEM data evidence. There are many lessons for Pakistan in this study. There is a need to create awareness among people about the fruits of self-employment. Government should create a conducive environment for doing business. Efforts should be made to enhance the women participation in business.