AN EMPIRICAL STUDY OF THE CORRELATION AMONG ENTREPRENEURSHIP AND ECONOMIC INDICATORS─BASED ON 1996~2005 TAIWANESE ECONOMIC INDICATORS

• Main Authors: Ching-Hwang Hor, 何慶煌
• Other Authors: Nan-Hong Lin
• Format: Others
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/50059046937099146252

碩士 === 大同大學 === 事業經營學系(所) === 95 === Newly-Established Enterprises is the driving force of a national economy. It is an agent to keep an economy growing, create employment, maintain stability in the society, and increase industry competitiveness. And the root of this driving force is entrepreneurship. This study follows the idea of Rate School which thinks the external economic environment changes inspire entrepreneurship. That means when macroeconomic factors change, entrepreneurship spirit is inspired and then the activities of Newly-Established Enterprises is triggered. This study uses SPSS statistics software as its time series analysis tool and analyzes Taiwan’s economic indicators from recent ten years (1996~2005). The study uses the number of Newly-Established Enterprises to symbolize entrepreneurship and look at the aspects of Occupation Choice, Supply side and Demand side driving factors. It also discusses the relationship between macroeconomic indicators and entrepreneurship and discovers the key influencing parameters and coefficients. Furthermore, the study treats the governing party change in 2000 as a confounding variable to see whether there is any structural changes and whether entrepreneurship is affected by political changes. The research finds that National Income, Unemployment population, Savings number, Government tax income and Government expenditure has positive relationship with entrepreneur spirits. However, Bank Loan/Credit and total population numbers have negative effect on entrepreneurship; however, political changes have no obvious effect on entrepreneurship. Conclusions of this study: I.“Occupation Choice theory” has gained concrete proof and entrepreneurship is influenced by external economic environment factors, and entrepreneurship is based on choice of searching for better expected return either positively or passively. II.“Financial Availability” as a driving factor of entrepreneurship has also been concretely proved. The negative relationship between Bank Loan/Credit and entrepreneurship symbolize that the financial mechanism with Taiwan’s Banking infrastructure is still on the level of developing countries and has substantial room for improvement. III.“Fiscal Capacity”is also a driving factor of entrepreneurship. The higher the visibility of governmental income and spending policy and better social security system, the higher the Newly-Established Enterprises ratio. IV.“Aging population structure”is a hidden worry to entrepreneurship and could have adverse effect in the future. V. Political changes do not affect Taiwan’s entrepreneurial spirits.