Does entrepreneurship as a good career choice: a panel data analysis on brics economy

Authors

  • Krishna Kumari. A Assistant professor, Department of Commerce, NSS College Nilamel
  • Lekshmi M. R. Assistant professor, Department of Commerce, NSS College Nilamel
  • Aneesh A. S. Assistant professor, Department of Commerce, NSS College Nilamel

Keywords:

No Keywords.

Abstract

The population between the ages of 18 and 64 agrees with the statement that most people in their nation view entrepreneurship as an appealing option for a career path. We aim to determine the connection between the notion that being an entrepreneur is a good career choice and the various behaviours and attitudes associated with being an entrepreneur in the BRICS economy based on Pooled OLS. The Pooled OLS model’s residual analysis suggests a mis specified regression model. The OLS estimator loses its capacity to make predictions with the lowest feasible variance when residuals are heteroscedastic. Fixed Effects and Random Effects are recommended for panel data sets.

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Published

2024-01-01

Issue

Volume 2, Issue 1, January-June 2024

Section

Articles

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