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Entrepreneurial attitude entropy

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Abstract

In line with further investigation into the issue of the entrepreneurial attitude, this study extends the work by Faghih et al. (2019) to introduce a new concept named Entrepreneurial Attitude Entropy. The way that this study follows to achieve this objective is based on Shannon’s entropy appraisal method. Considering the nature of the entropy method, which refers to the rate of the chaos and irregularity, this study would be able to rank the GEM member countries in terms of Entrepreneurial Attitude Entropy. The main finding of this study, foremost, was the strong quadratic equation estimated between Entrepreneurial Attitude Entropy and Human Development Index (HDI) which fully conforms to some theories like “planned behavior.”

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Notes

  1. Linear, logarithmic, inverse, quadratic, cubic, S, exponential, power, compound, growth, logistic

  2. This can be modeled as a Bernoulli process.

Abbreviations

GEM:

Global Entrepreneurship Monitor

HDI:

Human Development Index

GDP:

gross domestic product

EADI:

Entrepreneurship Attitude Dispersion Index

EAI:

Entrepreneurial Attitude Index

ECI:

Entrepreneurial Capacity Index

EAE:

Entrepreneurship Attitude Entropy

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Acknowledgements

We are grateful to reviewers for their wonderful comments and suggestions throughout the review process. We also thank Mr. Moein Heydari for his help in editing this paper. Additionally, we highly wish to thank our parents and family for inspiring us during this research.

Availability of data and material

The reports and dataset about individual factors released by the Global Entrepreneurship Monitor (GEM) in the years from 2002 through 2009 have been used throughout this study.

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Authors and Affiliations

  1. Shiraz University, Shiraz, Iran

    Nezameddin Faghih

  2. Faculty of Entrepreneurship, University of Tehran, Tehran, Iran

    Lida Sarreshtehdari

  3. School of Mathematics, Statistics, and Computer Science, University of Tehran, Tehran, Iran

    Ebrahim Bonyadi

Authors
  1. Nezameddin Faghih
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  2. Lida Sarreshtehdari
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  3. Ebrahim Bonyadi
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Contributions

Nezameddin Faghih: The main ideas behind the paper have been developed by him, and also, he acted as the supervisor trying to improve the structures of this article.

Lida Sarreshtehdari: investigation, resources, preparing the draft, review and editing, project administration.

Ebrahim Bonyadi: conceptualization, methodology, software, validation, formal analysis, data curation, writing—original draft, writing—review and editing, supervision, project administration.

Corresponding author

Correspondence to Ebrahim Bonyadi.

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The authors declare no competing interests.

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Faghih, N., Sarreshtehdari, L. & Bonyadi, E. Entrepreneurial attitude entropy. J Glob Entrepr Res 11, 201–211 (2021). https://doi.org/10.1007/s40497-021-00278-x

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