Entrepreneurial engagement and technical grants funding
Analysis of structurally behavioural determinants and economic factors
Bibliographic Data
| ID | 22205380 |
|---|---|
| Authors | Abiola John Asaleye (0000-0002-8391-3774, Walter Sisulu University, corresponding author), Thobeka Ncanywa (0000-0001-9656-8538, Walter Sisulu University) |
| Year | 2025 |
| Volume | 12 |
| Pages | 101861 |
| Publication date | 2025-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Social Sciences & Humanities Open (JOURNAL) |
| Journal identifiers | ISSN: 2590-2911 • E-ISSN: 2590-2911 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/j.ssaho.2025.101861 |
| OpenAlex | W4413119755 |
| Language | EN |
| References cited | 43 |
Entrepreneurial activity promotes economic growth and social development, particularly in emerging economies such as South Africa. This study investigates the influence of structural-behavioural determinants and economic factors on entrepreneurial engagement, focusing on the role of technical grants using Dynamic Ordinary Least Squares and Fully Modified Ordinary Least Squares for long-run analysis, variance decomposition from the Vector Error Correction Model (VECM) for dynamic impact assessment, and VECM for causality analysis. The Autoregressive Distributed Lag and Canonical Cointegrating Regression models were employed for robustness checks, and the results remained consistent across these methods. The findings reveal that greater business freedom negatively influences entrepreneurship, suggesting that intensified competition and regulation may hinder small-scale ventures. Conversely, higher start-up costs, Technical Cooperation Grants, and Educational Attainment positively influence entrepreneurial activity, indicating the significance of necessity-driven entrepreneurship, financial support, and human capital development. Variance decomposition shows the lasting impact of technical grants on entrepreneurial engagement, while causality analysis confirms long-run unidirectional relationships between technical grants and key variables. The study stresses the need for regulatory reforms to support small-scale entrepreneurs, expanded technical grant programs with mentorship support, and greater investment in entrepreneurial education
Business · Economics · Public economics · Entrepreneurship Studies and Influences · Firm Innovation and Growth · Innovation Policy and RD
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Statistical Inference in Instrumental Variables Regression with I(1) Processes
Statistical inference in vector autoregressions with possibly integrated processes
Institutions and Entrepreneurship Quality
A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems
A Caution Regarding Rules of Thumb for Variance Inflation Factors
Bounds testing approaches to the analysis of level relationships
The Role of Entrepreneurship Education in Higher Education Institutions
Trade openness channels and labour market performance
Behavioral entrepreneurship for achieving the sustainable development goals
The 17 United Nations’ sustainable development goals
Inclusive Growth, Agriculture and Employment in Nigeria
Labor market regulation and gendered entrepreneurship
Statistical analysis of cointegration vectors
| Citation velocity | historical |
|---|---|
| Highly cited | No |