7. Entrepreneurial Behavior, Attitude, and Framework Conditions: An Analysis of Efficiency, Factor, and Innovation-Driven Three Asian Economies

The present study aims to explore why some countries show high levels of entrepreneurship engagement than other countries using a cross-country analysis. This is based on Entrepreneurial Behaviour and Attitude and Framework Conditions data taken from Global Entrepreneurship Monitor (GEM). It classifies China as an Efficiency-Driven Economy, India as a Factor-Driven Economy, and Japan as an Innovation-Driven Economy. The ANOVA Analysis of Entrepreneurial Behaviour and Attitude factors yields 11 significant factors namely: Perceived Opportunities, Perceived Capabilities, Entrepreneurial intentions, Total early-stage Entrepreneurial Activity (TEA), Entrepreneurial Employee Activity, Motivational Index, Female/Male TEA, High Job Creation Expectation, Business Services Sector, High Status to Successful Entrepreneurs, and Entrepreneurship as a Good Career Choice. ANOVA Analysis of Entrepreneurial Framework Condition factors yields six significant factors namely: Basic school entrepreneurial education and training, Post-school entrepreneurial education and training, R&D transfer, Commercial and professional infrastructure, Physical and services infrastructure; and Cultural and social norms.