Economic growth in an enterprising region in Ecuador
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Abstract
This article analyzes the levels of early entrepreneurship of the strategic industries of the main port of Ecuador, in the province of Guayas in the period 2012-2016. Secondary sources were used in relation to the business activity corresponding to the companies in the Superintendency of Companies of Ecuador and the Internal Revenue Service of Ecuador for sole proprietorships, on the other hand, the Central Bank of Ecuador, Value Added Data was obtained. Gross and the economically active population, the unemployment rate of the Institute of Statistics and Census of Ecuador; with this information we obtain the TEA (rate of early entrepreneurial activity) and the% of companies established in the province of Guayas, to then design two econometric models by ordinary least squares, in which the incidence of ASD was verified and established companies in economic growth and the incidence of unemployment and companies established in the TEA. The results showed that the TEA and the rate of established companies accounted for 97.07% of the province's economic growth, especially in the textile, garment, processed foods and beverages sectors, where high new and emerging entry rates are evident. found that there is an inverse relationship between unemployment and entrepreneurship.
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