Economic sustainability in the Indian states: a quantitative approach based on business intelligence

S. Bharathithasan and K. Sakthi Srinivasan

International Journal of Process Management and Benchmarking, 2024, vol. 17, issue 2, 167-183

Abstract: This study looks at how financial access, commercial knowledge, technology, and risk-taking attitude affect economic sustainability in the Indian state of north Tamil Nadu, with microbusiness financial growth acting as a mediating element. Access to finance, business competency, technological competency, financial risk taking attitude, financial development of microbusiness, and economic sustainability make up the research model for this study. Using the structural equation modelling (SEM) approach and Smart PLS, the data was analysed based on respondent input. It has been observed that sustainability in economic growth depends on the interest of the entrepreneurs towards business, risk taking knowledge and factors that facilitate the growth of the organisation in financial aspects. The results also indicate that economic sustainability of business also depends on internal and external sources of knowledge.

Keywords: economic sustainability; financial access; business competency; technological competency; risk-taking attitude. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpmbe:v:17:y:2024:i:2:p:167-183

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