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