The Knowledge Spillover Theory Of Entrepreneurship An Empirical Evidence From Malaysia
Table 1:
Economic development phases* | Total early-stage Entrepreneurial Activity (TEA) | Financing for entrepreneurs | Fear of failure rate | Governmental support and policies | Taxes and bureaucracy | R&D transfer | |
China | E-DE | 15.53 | 2.59 | 39.5 | 3.07 | 2.76 | 2.48 |
India | F-DE | 6.6 | 3.11 | 37.67 | 3 | 2.43 | 2.86 |
Indonesia | E-DE | 14.2 | 3.03 | 38.12 | 2.91 | 2.48 | 2.63 |
Malaysia | E-DE (2) | 5.91 | 3.34 | 26.75 | 3.35 | 2.86 | 2.68 |
Philippines | F-DE (1) | 18.38 | 2.57 | 37.68 | 2.42 | 2.11 | 2.07 |
Singapore | I-DE | 10.96 | 3.56 | 39.4 | 3.48 | 3.98 | 3.17 |
Taiwan | I-DE | 8.49 | 2.98 | 37.39 | 2.71 | 2.91 | 2.68 |
Thailand | E-DE | 23.3 | 2.51 | 42.44 | 2.52 | 2.61 | 2.13 |
Vietnam | F-DE | 15.3 | 2.37 | 50.13 | 2.93 | 2.46 | 2.3 |