Nowadays the rural entrepreneurs are increasing at a faster rate due to a paradigm shift from production led development to market led development. So, the measurement of entrepreneurship development and management index is the only way to get the attitude of the rural entrepreneurs towards development.
The rural entrepreneurship development and management depends upon the agglomerated functioning of profit maximisation, risk taking ability and inovativeness of the entrepreneurs. Other two contributors namely the decision making ability and the attitude towards entrepreneurship development and management play pivotal role in case of promoting and sustaining rural entrepreneur. So, EDMI=f (NP, RTA, I, At, DMA).
Please check the indicator by Zoltan Acs et al., based on data from the GEM
You can use birth rate density too based on country level data. Or , use can use also entry rate. The first is measures as new firms as a percentage of the active population while the second measures new company formation compared to the existing stock of existing companies, See Klapper et al.
- Badges
- Science topic
- Similar topics
- Agricultural Science
- Agronomy