The Impact of Managerial and Governance Mistakes on Entrepreneurial Economy in Pakistan
Keywords:
Pakistan, Governance, Economy, Entrepreneurship, BusinessAbstract
In any economy, entrepreneurship serves as a key fundamental activity. They serve a majority of the niches in an economy and have a lot of potential to generate revenues from the aggregate perspective. However, entrepreneurial activities are not that much smooth. Failure levels are also as much as the new opportunities for entrepreneurs. Some failures occur from unavoidable factors. On the other hand, other failures occur from avoidable factors. A managerial mistake is one such factor. This paper specifically takes into account the influence of managerial mistakes on entrepreneurial failures. The results of the study were analyzed through different statistical tools, The results of the study showed that managerial mistakes have a key fundamental influence on entrepreneurial failures. This means that managerial mistakes serve as key predictors of entrepreneurial failures.
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