British Journal of Research Open Access

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Abstract

Comparison of Groups of Inclusive Entrepreneurs in Asian Countries

Seiichi Fujii*

The concept of Inclusive Entrepreneurship was raised in the European region to involve underestimated people in the economy. The research on inclusive entrepreneurship has focused on the impetus for starting a business and the comparison of regions. Although these studies are active in Europe, they have not yet been widely reported in Asia. The importance of the Asian economy is increasing because of the large influence of the Chinese and Indian population. To compare entrepreneurial activities of the regional differences and trends in India, Indonesia, China, South Korea, and Japan, 3 types of data are used. Those are GEM (Global Entrepreneurship Monitor) data, Basic national data by the United Nation, and the Hofstede measure. The analysis focused on Women entrepreneurship and Youth entrepreneurship in inclusive entrepreneurship. The differences between Women and Youth are clarified. Different types of trends also appeared in 5 countries. The environment for inclusive entrepreneurship depends on the nationality and the group. In intentions of Asian people for inclusive entrepreneurs, Female TEA (Total early-stage Entrepreneurial Activity) in India is the highest, and entrepreneurial intention is relatively higher. However, Chinese and Japanese people’s entrepreneurial intentions are very low. Asian governments’ policy for inclusive entrepreneurship also varies. Entrepreneurial Finance and Social and Cultural Norms in India and Indonesia are effective for both of Females and Youth. Chinese and Japanese governmental support would not be enough to raise Female and Youth TEA.

Published Date: 2024-03-27; Received Date: 2024-02-28