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The Relationship between Search Engines and Entrepreneurship Development: A Granger-VECM Approach

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Заглавие The Relationship between Search Engines and Entrepreneurship Development: A Granger-VECM Approach
 
Автор Olumekor, M.
Haddad, H.
Al-Ramahi, N. M.
 
Тематика DEVELOPMENT
ENTREPRENEURSHIP
GRANGER
INDIVIDUAL ENTREPRENEUR
INTERNET
SEARCH ENGINE
SMALL BUSINESS
SMALL BUSINESS
SOLE PROPRIETOR
SOLE TRADER
BUSINESS
ENTREPRENEUR
ERROR CORRECTION
INTERNET
SOCIAL MEDIA
STATISTICAL ANALYSIS
SUSTAINABLE DEVELOPMENT
RUSSIAN FEDERATION
UNITED KINGDOM
UNITED STATES
 
Описание The decision to set-up a business as a sole proprietor—also individual entrepreneur or sole trader—is a consequential one for every nascent entrepreneur. Sole proprietorship businesses have remained the most popular business structure in many countries, including the United States, the United Kingdom, and Russia, and are vital to the sustainable development of countries and regions. In this research, we developed a model to investigate if increased online interest in sole proprietorships led to the creation of new sole proprietorship businesses in four regions of Russia. Search engine data were retrieved from Russia’s most popular search engine, Yandex, whereas data on newly registered individual entrepreneurship businesses were retrieved from Russia’s Federal Tax Service. Our model was comprised of a range of statistical methods, including the augmented Dickey–Fuller unit root test, the Johansen cointegration test, the Granger causality Wald test, and the vector error correction model. The results revealed a unidirectional causal relationship between search engine data and newly established individual entrepreneurship businesses. This means that interest in individual entrepreneurship, measured through search engine data, influenced the creation of new individual entrepreneurship businesses. This research provides a pioneering empirical investigation of the topic in post-Soviet states, and its main contribution includes introducing search engine data as a key tool for assessing entrepreneurial intention. © 2023 by the authors. Licensee MDPI, Basel, Switzerland.
Ministry of Education and Science of the Russian Federation, Minobrnauka; Ural Federal University, UrFU; Zarqa University, ZU
Funding: The authors are grateful to Zarqa University, Zarqa, Jordan for the financial support granted to cover the publication fee of this article. Additionally, author M.O. acknowledges funding from the Ministry of Science and Higher Education of the Russian Federation (Ural Federal University project within the Priority-2030 program).
 
Дата 2024-04-05T16:32:39Z
2024-04-05T16:32:39Z
2023
 
Тип Article
Journal article (info:eu-repo/semantics/article)
|info:eu-repo/semantics/publishedVersion
 
Идентификатор Olumekor, M, Haddad, H & Al-Ramahi, NM 2023, 'The Relationship between Search Engines and Entrepreneurship Development: A Granger-VECM Approach', Sustainability, Том. 15, № 6, 5053. https://doi.org/10.3390/su15065053
Olumekor, M., Haddad, H., & Al-Ramahi, N. M. (2023). The Relationship between Search Engines and Entrepreneurship Development: A Granger-VECM Approach. Sustainability, 15(6), [5053]. https://doi.org/10.3390/su15065053
2071-1050
Final
All Open Access, Gold
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85171482929&doi=10.3390%2fsu15065053&partnerID=40&md5=d7b0d24b8ba5f014ad740a8105536c65
https://www.mdpi.com/2071-1050/15/6/5053/pdf?version=1678696063
http://elar.urfu.ru/handle/10995/130784
10.3390/su15065053
85171482929
000959040000001
 
Язык en
 
Права Open access (info:eu-repo/semantics/openAccess)
cc-by
https://creativecommons.org/licenses/by/4.0/
 
Формат application/pdf
 
Издатель Multidisciplinary Digital Publishing Institute (MDPI)
 
Источник Sustainability
Sustainability (Switzerland)