The Impact of Entrepreneurship on Economic Growth: Exploring the Role of Technological Innovation and Institutional Quality in South Asia

Emon Kalyan Chowdhury (), Mohammad Nayeem Abdullah and Syed Manzur Quader
Additional contact information
Emon Kalyan Chowdhury: Chittagong Independent University
Mohammad Nayeem Abdullah: Chittagong Independent University
Syed Manzur Quader: Chittagong Independent University

Journal of the Knowledge Economy, 2025, vol. 16, issue 1, No 124, 3550-3573

Abstract: Abstract This study examines the key factors influencing economic growth in South Asia, namely entrepreneurship development, technological innovation, and institutional quality. By analyzing annual data from 2010 to 2022 across South Asian countries (excluding Afghanistan), a strong correlation between these factors and economic prosperity is revealed. These findings emphasize the importance of nurturing entrepreneurship and fostering technological advancements in promoting sustainable economic growth in the region. However, significant barriers to progress must be addressed. Enhancing financial development and improving institutional quality are identified as crucial steps to unlock South Asia’s vast potential. With the implementation of effective policies, governments and institutions can harness these influential factors to drive unparalleled economic progress in the region.

Keywords: Economic progress; Entrepreneurship; Financial development; Institutional quality; South Asia; Technological innovation (search for similar items in EconPapers)
JEL-codes: G28 H55 O15 P48 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s13132-024-02089-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:16:y:2025:i:1:d:10.1007_s13132-024-02089-3

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-024-02089-3

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().