The Impact of Ease of Doing Business and Entrepreneurial Ecosystem on Per Capita Gross Domestic Product

Abstract

Ease of doing business and entrepreneurship ecosystem have evolved to become crucial engines of economic growth. Accordingly, this study attempts to examine the impact of entrepreneurship ecosystem and ease of doing business on per capita gross domestic product. This study uses time series secondary data for the year 2018 covering 124 countries. A multiple regression model was developed that included the variables Per Capita Gross Domestic Product, Global Entrepreneurship Index and Ease of Doing Business Index. The findings of the research reveal that entrepreneurship ecosystem has a significant impact on per capita gross domestic product.