Krishna Khanal* and Bikram Prajapati
Developing new businesses and expanding existing ones is crucial for a country's economic growth, leading to job creation and the opening of new markets. In the business world, growth is often viewed as a desirable objective because it serves as a very important indicator of a company’s achievement and plays a significant role in job creation, prosperity and economic advancement globally. To encourage entrepreneurship, a supportive ecosystem is necessary, consisting of various elements like people, organizations, government, and support systems that work together to foster business creation and growth. The perceptions of potential and current entrepreneurs about the entrepreneurship ecosystem play a significant role in their decision to pursue entrepreneurial activities. This study had as objective to find out the influence of entrepreneurship ecosystem factors on entrepreneur’s growth intention. A study of 158 entrepreneurs using a perception based survey examined entrepreneurs’ perception regarding seven factors of the entrepreneurship ecosystem and their impact on entrepreneurial activity. The study revealed socio-economic factors are positively associated with entrepreneur’s growth intentions.
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Journal of Business & Financial Affairs received 1726 citations as per Google Scholar report
