ENTREPRENEURSHIP FOR SUSTAINABLE SOCIOECONOMIC DEVELOPMENT: CAN CHINA-PAKISTAN ECONOMIC CORRIDOR PLAY ITS ROLE?

March 16 Pub Date : 2022-03-31 DOI:10.51380/gujr-38-01-02
Chin Tee Suan, Anwar Khan, Muhammad Anwar
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Abstract

This study aims to establish a link between entrepreneurship and sustainable socioeconomic development of Pakistan through the contributory role of China-Pakistan Economic Corridor (CPEC). Using cross-sectional research design, data were collected through self-administered questionnaire from sample of 358 entrepreneurs. Data validity was determined by exploratory and confirmatory analyses and reliability through Cronbach Alpha. The linkages amid entrepreneurship and sustainable socioeconomic development were determined by using Structural Equation Modeling. Results indicated that over CPEC, local entrepreneurs’ entrepreneurial attitude and potential have improved and, entrepreneurship was significantly associated with entrepreneurship and sustainable socioeconomic development of Pakistan, whereas the impact of CPEC had partially mediated association between Entrepreneurship and Sustainable Socioeconomic Development. CPEC has stimulated the entrepreneurial growth in Pakistan by directing the local entrepreneurs of Pakistan in a novel way to enter the Asian markets, thus helping them to contribute towards the entrepreneurship and sustainable socioeconomic development of Pakistan.
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创业促进社会经济可持续发展:中巴经济走廊能发挥作用吗?
本研究旨在通过中巴经济走廊(CPEC)的促进作用,建立创业与巴基斯坦可持续社会经济发展之间的联系。采用横断面研究设计,对358名企业家进行问卷调查。通过探索性和验证性分析确定数据的效度,通过Cronbach Alpha确定数据的信度。利用结构方程模型确定了企业家精神与社会经济可持续发展之间的联系。结果表明,中巴经济走廊地区巴基斯坦企业家的创业态度和创业潜力有所改善,企业家精神与企业家精神和可持续社会经济发展显著相关,而中巴经济走廊的影响在企业家精神与可持续社会经济发展之间起到部分中介作用。中巴经济走廊通过引导巴基斯坦本土企业家以新颖的方式进入亚洲市场,促进了巴基斯坦企业家的成长,从而帮助他们为巴基斯坦的企业家精神和社会经济的可持续发展做出贡献。
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