A Comparative Analysis of Entrepreneurial Growth Expectations Between India and Ethiopia

Abstract

As a strategy of economic growth entrepreneurship can be successful only if it is duly imparted and conscientiously induced. The peculiarity of adequate literature that assesses difference between growth expectation of entrepreneurs in Ethiopia and India motivated the researcher to conduct this comparative study. Hence, this research aimed at compares the growth expectation of entrepreneurs of these two developing economies. Research followed a descriptive research design to successful achieve the objectives of the research. Research utilized the Global Entrepreneurship Monitor (GEM) index of adult population dataset collected with the help of adult population survey (APS) of entrepreneurial growth expectations and various statistical tools were used to analyze the GEM data. The analysis of the data was carried out using SPSS version 20.The major finding of the study reveals that Ethiopian entrepreneurs has more perceived opportunities as compared to India and Ethiopia population who are either a nascent entrepreneur or owner-manager of a new business shows comparatively stronger situation than India. There is commonality between growth expectations of entrepreneurs in these countries. The study recommends and underscores the importance of determinants that facilitate cooperation and collaboration among Indian and Ethiopian entrepreneurs. Stakeholders, particularly the government, need to give undivided attention and support to institutions bestowed with the task of facilitating collaboration among the entrepreneurs.

Keywords: Growth Expectation, Global Entrepreneurship Monitor, National Culture.

DOI: 10.7176/EJBM/12-24-04

Publication date:August 31^st 2020