ENTREPRENEURSHIP, EDUCATION and ECONOMIC GROWTH

Nafiseh Paydar Khiabani¹ Arash Ketabforoush Badri²

1) Ph.D. Student of TEFL, Ahar Branch, Islamic Azad University, Ahar, Iran
2) . Department of Economics, Qazvin Branch, Islamic Azad University, Qazvin, Iran

IOI Code : XGEE-KDEFZ
Publication : 2nd International Conference on Researches in Accounting, Economics, Management & Humanities(meaconf.com/2nd)
Abstract :
    Developments and rapid changes in the international community, moving from traditional society to the information society, as well as changing the national economy to the global economy, require different solutions to enable economic growth and development in society. In fact, entrepreneurship, which is the concept of the discovery and exploitation of opportunities for value creation in the various sectors, is the basis for an all-round development. So, this study examines the effects of entrepreneurship and education on economic growth in 25 selected countries using the panel-data method from 2005 to 2020. The results show that entrepreneurship and education have positive effects on economic growth, so that by increasing one percent of each variable, respectively, economic growth will increase by 0.54 and 0.32 percent.

Keywords : economic growth education entrepreneurship human capital panel data