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All Journal Nusantara Hasana Journal
Sofia Keumalasari
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Agriculture, Biological Sciences & Forestry Humanities Economics, Econometrics & Finance Education Nursing

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PENGARUH EKOSISTEM KEWIRAUSAHAAN, FAKTOR LINGKUNGAN DAN SOSIAL DENGAN FAKTOR DAYA SAING SEBAGAI MODERASI TERHADAP PERTUMBUHAN EKONOMI DI NEGARA BERKEMBANG Susanti, Susanti; Sofia Keumalasari; Nurfiani Syamsuddin; Ika Rezvani Aprita
Nusantara Hasana Journal Vol. 5 No. 1 (2025): Nusantara Hasana Journal, June 2025
Publisher : Yayasan Nusantara Hasana Berdikari

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59003/nhj.v5i1.1665

Abstract

This study analyzes the influence of the entrepreneurial ecosystem, environmental and social factors on economic growth with competitiveness as a moderating variable. Using panel data from 29 developing countries during the period 2016–2019, this study developed four panel data regression models and tested the hypotheses with statistical tests. Empirical results show that the influence of the entrepreneurial ecosystem on economic growth is more significant in developed countries than in developing countries. Conversely, the influence of the entrepreneurial ecosystem on competitiveness is higher in developing countries. However, when competitiveness acts as a moderating variable, its contribution to economic growth is greater in developed countries, especially in its role as a moderator. These findings indicate the importance of policies that support entrepreneurship in developing countries, as well as the need for cross-sector collaboration to create an ecosystem that can encourage the emergence of innovative entrepreneurs for inclusive and sustainable economic growth.
Co-Authors Ika Rezvani Aprita Nurfiani Syamsuddin Susanti Susanti