Abstract
This study aimed to investigate the impact of open data implementation as part of its data governance initiatives on entrepreneurial attitudes in Europe and Central Asia. The impact of open data implementation in transforming entrepreneurial attitudes in Europe and Central Asia has never been determined or investigated in a measurable form. Using regression (OLS) analysis of secondary data on the open data implementation index from the Open Data Barometer (ODB) and the Entrepreneurial Attitude index from GEI, this study investigates the impact of open data implementation (as a national data governance strategy) on entrepreneurial attitudes in Europe and Central Asia. This study introduces a novel approach by integrating open data implementation into the analysis of entrepreneurial attitudes, a perspective yet to be explored in the context of Europe and Central Asia, thereby advancing our understanding of sustainable development goals. The study establishes a causation of the 32% impact of open data implementation on entrepreneurship attitudes toward recognizing opportunities in Europe and Central Asia. This study advocates for the establishment of a comprehensive national open data initiative as a catalyst for fostering entrepreneurial attitudes within Europe and Central Asia. Moreover, it emphasizes the importance for entrepreneurs to cultivate the necessary attitude for achieving their business objectives successfully. The study recommends further investigation using a recent dataset. The study’s findings improve the understanding of how to induce entrepreneurship attitudes in Europe and Central Asia in pursuit of post-pandemic economic development.
References
Acs Z.J., Szerb L. (2010) The Global Entrepreneurship and Development Index (GEDI). Report DRUID Conference at Imperial College Business School, London, UK.
Ajzen I. (1991) The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179-211. DOI: https://doi.org/10.1016/0749-5978(91)90020-T
Bespalyy S., Dontsov S., Makenov C. (2021) Analysis of the Development of Social Entrepreneurship in Kazakhstan. Academy of Entrepreneurship Journal, 27(3), 1-7. https://www.abacademies.org/articles/Analysis-of-the-development-of-social-entrepreneurship-in-kazakhstan-1528-2686-27-3-539.pdf, дата обращения 19.06.2023.
Bjerde A. (2022) Europe and Central Asia Economies Need More Women Entrepreneurs and Business Leaders. https://www.worldbank.org/en/news/opinion/2022/03/08/europe-and-central-asia-economies-need-more-women-entrepreneurs-and-business-leaders, дата обращения 19.06.2023.
Blair M.J., Gagnon B., Klain A., Kulišić B. (2021) Contribution of biomass supply chains for bioenergy to sustainable development goals. Land, 10(2), 10020181. DOI: https://doi.org/10.3390/land10020181
Bosma N., Schutjens V. (2011) Understanding regional variation in entrepreneurial activity and entrepreneurial attitude in Europe. The Annals of Regional Science, 47, 711-742. DOI: https://doi.org/10.1007/s00168-010-0375-7
Carmi G., Bouhnik D. (2020) The effect of rational based beliefs and awareness on employee compliance with information security procedures: A case study of a financial corporation in Israel. Interdisciplinary Journal of Information, Knowledge, and Management, 15, 109-125. DOI: https://doi.org/10.28945/4596
Corrales-Garay D., Mora-Valentín E.M., Ortiz-de-Urbina-Criado M. (2020) Entrepreneurship Through Open Data: An Opportunity for Sustainable Development. Sustainability, 12(12), 5148. DOI: https://doi.org/10.3390/su12125148
Davies T. (2013) Open Data Barometer: 2013 Global Report. DOI: https://doi.org/10.5281/ZENODO.7522
Davies T. (2015) Open Data Barometer - Global Report, Washington, D.C.: World Wide Web Foundation.
Draghici A., Albulescu C.T. (2014) Entrepreneurial Attitude as Knowledge Asset: Its Impact on the Entrepreneurial Activity in Europe. Procedia - Social and Behavioral Sciences, 109(3), 205-209. DOI: https://doi.org/10.1016/j.sbspro.2013.12.445
Ekundayo T., Bhaumik A., Chinoperekweyi J. (2023) Identifying The Core Data Governance Framework Principle: A Framework Comparative Analysis. Organization Leadership and Development Quarterly, 5(1), 30-53.
European Commission (2021) Open Data Maturity Report 2021, Brussels: European Commission.
Fei W., Opoku A., Agyekum K., Oppon J.A., Ahmed V., Chen C., Lok K.L. (2021) The critical role of the construction industry in achieving the sustainable development goals (SDGs): Delivering projects for the common good. Sustainability, 13(16), 9112. DOI: https://doi.org/10.3390/su13169112
Fonseca L.M., Domingues J.P., Dima A.M. (2020) Mapping the sustainable development goals relationships. Sustainability, 12(8), 3359. DOI: https://doi.org/10.3390/SU12083359
Fragoso R., Rocha W.F., Xavier A.M. (2019) Determinant Factors of Entrepreneurial Intention among University Students in Brazil and Portugal. Journal of Small Business and Entrepreneurship, 32(2), 33-57. DOI: https://doi.org/10.1080/08276331.2018.1551459
Franzke S., Wu J., Froese F. J., Chan Z.X. (2022) Female entrepreneurship in Asia: A critical review and future directions. Asian Business and Management, 21(3), 343-372. DOI: https://doi.org/10.1057/s41291-022-00186-2
Inacio Junior E., Dionisio E.A., Fischer B.B., Li Y., Meissner D. (2021) The global entrepreneurship index as a benchmarking tool? Criticisms from an efficiency perspective. Journal of Intellectual Capital, 22(1), 190-212. DOI: https://doi.org/10.1108/JIC-09-2019-0218
Israr M., Saleem M. (2018) Entrepreneurial intentions among university students in Italy. Journal of Global Entrepreneurship Research, 8(1). DOI: https://doi.org/10.1186/s40497-018-0107-5
Izquierdo E. (2013) Entrepreneurial Intentions among University Students: Motivations and entrepreneurial exposure as drivers of intentions. Paper presented at the Business Association of Latin American Studies (BALAS) Conference.
Kossow N. (2016) The Role of Open Data for Sustainable Development: A Brief from Eastern Europe and Central Asia, Vienna: United Nations.
Kota H.B., Singh G., Mir M., Smark C., Kumar B. (2021) Sustainable development goals and businesses. Australasian Accounting, Business and Finance Journal, 15(5). DOI: https://doi.org/10.14453/aabfj.v15i5.1
Leceta J.M., Könnölä T. (2021) Fostering entrepreneurial innovation ecosystems: Lessons learned from the European Institute of Innovation and Technology. Innovation: The European Journal of Social Science Research, 34(4), 475-494. DOI: https://doi.org/10.1080/13511610.2019.1612737
Lee J., Lee W.S., Jung H., Lee S.G. (2022) Comparison between total least squares and ordinary least squares in obtaining the linear relationship between stable water isotopes. Geoscience Letters, 9(1). DOI: https://doi.org/10.1186/s40562-022-00219-w
Li W.C.Y., Nirei M., Yamana K. (2019) Value of Data: There's No Such Thing as a Free Lunch in the Digital Economy (BEA Working Paper), Maryland, MD: U.S. Bureau of Economic Analysis.
Likhacheva Y. Yu. (2020) Open data in terms of digitalization. Russian Journal of Legal Studies, 7(1). DOI: https://doi.org/10.17816/rjls35112
Manneh M., Bojang I., Ceesay L.B., Jawneh S. (2020) Drivers of Entrepreneurial Intention Among Students of The University of The Gambia. European Journal of Business and Management Research, 5(3). DOI: https://doi.org/10.24018/ejbmr.2020.5.3.317
Mansour I.H., Gangi Y. A. (2020) Women Entrepreneur Motivations, Challenges, and Growth Aspiration: A Gender lens analysis in Sudan. ASRIC Journal on Social Sciences & Humanities, 1(1), 9-19.
Mao Z., Wu J., Qiao Y., Yao H. (2022) Government data governance framework based on a data middle platform. Aslib Journal of Information Management, 74(2), 289-310. DOI: https://doi.org/10.1108/AJIM-03-2021-0068
Melhem Y., Al-Shaikh F. (2018) Exploring Entrepreneurial Intention among University Students. Jordan Journal of Business Administration, 14(44).
Melnikovas A. (2018) Towards an explicit research methodology: Adapting research onion model for futures studies. Journal of Futures Studies, 23(2), 29-44. DOI: https://doi.org/10.6531/JFS.201812_23(2).0003
Muhammad A.D., Aliyu S., Ahmed S. (2015) Entrepreneurial Intention among Nigerian University Students. American Journal of Business Education, 8(4), 9419. DOI: https://doi.org/10.19030/ajbe.v8i4.9419
Nam C.W., Schoenberg A., Wamser G. (2021) Lisbon Agenda, Regional Innovation System and the New EU Cohesion Policy (SSRN Paper 1922709). DOI: https://doi.org/10.2139/ssrn.1922709
Rhahla M., Allegue S., Abdellatif T. (2021) Guidelines for GDPR compliance in Big Data systems. Journal of Information Security and Applications, 61(3), 102896. DOI: https://doi.org/10.1016/j.jisa.2021.102896
Rosado-Cubero A., Freire-Rubio T., Hernández A. (2022) Entrepreneurship: What matters most. Journal of Business Research, 144, 250-263. DOI: https://doi.org/10.1016/j.jbusres.2022.01.087
Rusu V.D., Roman A. (2017) Entrepreneurial Activity in the EU: An Empirical Evaluation of Its Determinants. Sustainability, 9(10), 1679. DOI: https://doi.org/10.3390/su9101679
Sahudin Z., Bahrudin N.Z. (2023) Short Guides to Static Panel Data Regression Model Estimator. Asian Journal of Accounting and Finance, 4(4), 1-6. DOI: https://doi.org/10.55057/ajafin.2022.4.4.1
Saunders M., Lewis P., Thornhill A. (2007) Research Methods for Business Students (4th ed.), Harlow (UK): Financial Times Prentice Hall.
Schroeder P., Anggraeni K., Weber U. (2019) The Relevance of Circular Economy Practices to the Sustainable Development Goals. Journal of Industrial Ecology, 23(1), 77-95. DOI: https://doi.org/10.1111/jiec.12732
Seitzhanov S., Kurmanov N., Petrova M., Aliyev U., Aidargaliyeva N. (2020) Stimulation of entrepreneurs' innovative activity: Evidence from Kazakhstan. Journal of Entrepreneurship and Sustainability Issues, 7(4), 2615-2629. DOI: https://doi.org/10.9770/jesi.2020.7.4(4)
Swain R.B., Karimu A. (2020) Renewable electricity and sustainable development goals in the EU. World Development, 125, 104693. DOI: https://doi.org/10.1016/j.worlddev.2019.104693
Tamburri D.A. (2020) Sustainable MLOps: Trends and Challenges. Paper presented at the 22nd International Symposium on Symbolic and Numeric Algorithms for Scientific Computing (SYNASC) 01-04 September 2020, Timisoara, Romania. DOI: https://doi.org/10.1109/SYNASC51798.2020.00015
Wasilczuk J.E., Richert-Kaźmierska A. (2020) What potential entrepreneurs from generation Y and Z lack-IEO and the role of EE. Education Sciences, 10(11), 331. DOI: https://doi.org/10.3390/educsci10110331
Ács Z.J., Szerb L., Lafuente E., Ainsley L. (2018) Global Entrepreneurship and Development Index 2018, Cham: Springer.

This work is licensed under a Creative Commons Attribution 4.0 International License.