Teadusseminar "Entrepreneurship, Mobile Payment, and Financial Inclusion for Low and Middle Income Asian Economies" (Pei-fen Chen)

Teadusseminar "Entrepreneurship, Mobile Payment, and Financial Inclusion for Low and Middle Income Asian Economies" 

Pei-fen Chen (National Sun Yat-sen University, Taiwan) 

Kolmapäev, 18. sept. 2024 kell 11.15-12.15 Zoom  

(Meeting ID  998 1085 7956, Passcode  753583)D

Entrepreneurship, Mobile Payment, and Financial Inclusion for Low and Middle Income Asian Economies

Despite the burgeoning interest in financial technology , its cor relation to entrepreneurship remains unknown. This research addresses the gap in the literature by examining the determinants of new business entrepreneurship, specific ally focusing on mobile payment , traditional financial inclusion, and regulatory factors across selected low and middle income economies. Employing a baseline panel regression model, we conduct empirical analysis from data collected from multiple sources covering 25 developing economies in Asia spanning 2014 to 2021. The findings reveal a direct and positive effect of mobile payment systems and regulatory quality on entrepreneurship versus a negative effect of traditional financial inclusion. T he study further uncovers the impact channels through which regulatory factors interact with mobile payment systems and significantly contributes to the literature by examining how financial innovations, especially mobile payment systems, stimulate entrepreneurship on a global scale. It expands research by investigating the impact of traditional financial inclusion on new business entrepreneurship sheds light on nuanced pathways through which regulatory factors shape entrepreneurship and highlights the potential interaction effect of regulatory quality with mobile payment systems. The insights generated herein are invaluable for regulators and policymakers to make informed decisions that promote entrepreneurial growth. This is especially pertinent in the post COVID 19 era, where fostering small/new business entrepreneurship drive s sustainable economic development, while also potentially catalyzing the development of financial technology solutions to enhance financial inclusivity and entrepreneurial opportunities.