case study 1

The Independent variables in this study are entrepreneurial framework conditions, entrepreneurial capability, entrepreneurial opportunities, and general national framework conditions.

The Dependent variables in this study are economic growth which is measured with job opportunities, business dynamics, and the Gross Domestic Product (GDP).

 

2. What are some of the intervening, extraneous, and moderating variables that the study attempted to control with its 10-nation design?

Some of the variables that the study tried to control with its 10-nation design were employment opportunities, social culture, and economic growths as well. The rate of business start-up portrays a positive correlation with growth in the GDP at 0.60 and the employment level at 0.47.

In addition, this study includes a powerful correlation with the perceived opportunity at 0.79 and entrepreneurial potential measured by capability at 0.6, and the level of motivation at 0.93. The measurements mentioned indicate that the perceived positive opportunities to start up a business in every country paired with skills and motivation to seize the opportunities is realistic.

 

3. Can you do a causal study without controlling intervening, extraneous, and moderating variables?

I believe that all variables should be accounted for to achieve a reliable level of certainty of success. Removing one variable changes the entirety of the test and one would lose the reliability of the hypothesis.

In addition, Clausen, Hytti, & Solvoll (2016) state, “the study finds that the entrepreneurial identity influences whether the individual predominantly engages ineffectual or causal behavior”. A casual study based on entrepreneurial opportunities should examine causes and effects between independent and dependent variables to depict a direct relationship between the two.

Lastly, after stating these points, I believe, order to conduct a study without controlling intervening, extraneous, and moderating variables would be extremely unreasonable. With these variables being controlled, and accurate causality within the study can be seen.

 

4. What is the impact on study results of using national experts (key informants) to identify and weigh entrepreneurial framework conditions?

National experts or key informants are those with broad knowledge and experience within the entrepreneurial framework conditions within the ten countries chosen by this study. The experts were those that identified the critical issues in every country that was selected.

In addition, the experts focused primarily on causative factors that were related to the rate of business start-ups in each country. Every expert completed a twelve-page questionnaire after conducting interviews and using personal experience. We may conclude that statistical errors within the study results were few since the data was from primary sources. It may also be included, that the key informants were a real illustration of the population of interest.

 

5. Can you do a causal study when much of the primary data collected is descriptive opinion and ordinal or interval data?

This study was managed with primary information that was mainly collected via descriptive opinion and ordinal or interval information. This study features a vital quantity of variables that would have to be monitored for a considerable amount of time. The more variables involved need an extended quantity of time in most cases to take into consideration all the factors that might alter the model.

 

           Conclusion

                       The primary focus of this study was to explore the scope and nature of influences that affect economic growth, with the implementation of data from several countries around the world. The mentioned research does not list the exact reasons for economic growth. The research techniques and processes employed in this study ought to assist researchers in creating a clear image of the economic growth over time.