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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2020-03-20  |  Accepted: 2020-09-11  |  Published: 2020-12-30

Title

Entrepreneurship support ways after the COVID-19 crisis


Abstract

The impact of the COVID-19 on Europe economy has been similar to that produced in the 2008 crisis, even with worse long-term consequences. Most governments have implemented recovery plans similar to those that were then implemented. However, there are differences in the economic impact that require different methodologies which focus on the microenvironment. Entrepreneurs’ sponsorship may help to recover the current socio-economic situation. Simultaneously, technological progress in Artificial Intelligence and Big Data allows the analysis of vast amounts of information and support decision making. This paper shows a brief introduction of entrepreneurship policy in twenty countries after the irruption of the Covid-19 to contextualize, and applies Artificial Intelligence to examine factors whose influence is strong in the survival rate of entrepreneurs within a public support program. Specifically, two types of artificial networks are used: self-organizing maps and multilayer perceptron (respectively, SOM and MLP). After the application of neural networks on a data set of 2,221 entrepreneurs from Andalusia (Spain) and with 769 variables taken during the recovery after the crisis from 2008 to 2012, the prediction in the probability of entrepreneurial survival and business success is shown to be realistic in more than 98% of individuals analysed.


Keywords

entrepreneurship, sponsorship, Artificial Neural Networks (ANN), Self-Organizing Maps (SOM), Multilayer Perceptron (MLP)


JEL classifications

L26 , L38 , Q01


URI

http://jssidoi.org/jesi/article/722


DOI


Pages

662-681


Funding

This research was supported by Pablo de Olavide University (Spain) and data was collected from Andalucia Emprende Fundation that participates in the European Erasmus for Young Entrepreneurs project through the project called MOVE YE

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Chaves-Maza, Manuel
Pablo de Olavide University, Seville, Spain https://www.upo.es
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Fedriani Martel, Eugenio M.
Pablo de Olavide University, Seville, Spain https://www.upo.es
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Journal title

Entrepreneurship and Sustainability Issues

Volume

8


Number

2


Issue date

December 2020


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

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References