Background: Achieving development will be achieved with the presence of the creative private sector and new ideas, the era of dependence of the country's economy on natural resources is over, and the country cannot continue with old mental patterns and old solutions of the industrial age in the new era. good luck. Also, achieving the first economic position in the region will be operationalized with creativity, innovation, and entrepreneurship. Therefore, it is necessary to provide a framework for creative forces to use their brains more effectively and to produce knowledge, which is a vital factor of production in the era of information and communication and a knowledge-based economy.
Aims: The purpose of this study was to determine the success of entrepreneurs in the industrial sector of Bukan County using Logit and Probit discrete models.
Methods: This research is a survey in terms of applied purpose and data collection method. The statistical population of the present study includes 100 active units in the industrial sector of Bukan City, which have an operation license from the Industry, Mine and Trade Organization of West Azerbaijan Province in 2017. In this study, by random sampling, the information of economic activists of 61 active and available units of the industrial sector of Bukan City was obtained by referring to each of the respondents. In the following, the information obtained from 61 economic activists using discrete logit and probit models, the econometric model has been stipulated and estimated. The data of this study were analyzed using Stata 14.1 software.
Results: The results of estimating the model using the software showed that the coefficients related to the explanatory variables of experience level, education level, physical capital, government financial support, age, attitude toward entrepreneurship, and subjective values were consistent with the relevant theories and empirical studies and all the coefficients of the proposed variables were significant (P<0.01).
Conclusion: The empirical findings of the research show that for the success of entrepreneurs and through more economic growth and development, attention should be paid to investment and conversion of national assets and wealth into physical capital, accumulation of experience, and quality education. Obtaining bank facilities is a serious necessity.
Type of Study:
Research |
Subject:
Special Received: 2023/09/3 | Accepted: 2023/11/6 | Published: 2023/12/22