IDEAS home Printed from https://ideas.repec.org/p/ags/saea16/230073.html
   My bibliography  Save this paper

An Economic Analysis of Entrepreneurship in the Piedmont Triad of North Carolina

Author

Listed:
  • Rodriguez, Beatriz
  • McDowell, Donald

Abstract

Abstract Rural America can be characterized as having lower economic growth, larger poverty levels, and a higher concentration of the socially disadvantaged. One primary way of revitalizing and sustaining rural America is through the development of entrepreneurship opportunities. Thus, this study focuses on increasing the number and sustainability of entrepreneurs targeting the rural areas of North Carolina. This study employed a combination of analytical approaches to examine past and ongoing factors that contribute to rural entrepreneurs’ success in the Piedmont Triad Prosperity Zone. Data derived from a survey of current entrepreneurs in the Piedmont Triad Prosperity Zone was analyzed using various qualitative and quantitative statistical methods. Analysis of variance was used to determine if there is statistical significant difference in growth of the different size of firms in different economic sectors. Trade area analysis was employed to determine the magnitude of consumer migration to various counties. The data indicated a larger migration of consumers from rural counties to the urban counties, taking advantage of agglomeration. Factor analysis and linear regression revealed that the sustainability (survival) of entrepreneurship was dependent on demographic and socio-economic factors such as business structure, location, gender, obstacles and, marital status.

Suggested Citation

  • Rodriguez, Beatriz & McDowell, Donald, 2016. "An Economic Analysis of Entrepreneurship in the Piedmont Triad of North Carolina," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230073, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea16:230073
    DOI: 10.22004/ag.econ.230073
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/230073/files/Betty%20SAEA%20Selected%20Paper%202016.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.230073?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. United Nations UN, 2015. "The Millennium Development Goals Report 2015," Working Papers id:7097, eSocialSciences.
    2. Jolley, Jason & Nousaine, Aaron & Huang, Carolyn, 2012. "Effective at the Margins: Outmigration and Economic Development in Rural North Carolina," Sustainable Agriculture Research, Canadian Center of Science and Education, vol. 1(1).
    3. United Nations UN, 2015. "The Millennium Development Goals Report 2015," Working Papers id:7222, eSocialSciences.
    4. Donald R. McDowell & Joyce E. Allen-Smith, 1995. "Poverty Among Southern Workers: Metro and Nonmetro Differentials," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 796-802.
    5. Hutcheson, Scott & Morrison, Ed, 2012. "Transforming Regions Through Strategic DOING," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 27(2), pages 1-6.
    6. W. D. Reekie, 1984. "Minimum Efficient Scale in South African Industry: An Application of the Survivor Technique," South African Journal of Economics, Economic Society of South Africa, vol. 52(3), pages 147-154, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. José Antonio Rodríguez Martín & Juan Dios Jiménez Aguilera & José Antonio Salinas Fernández & José María Martín Martín, 2016. "Millennium Development Goals 4 and 5: Progress in the Least Developed Countries of Asia," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(2), pages 489-504, November.
    2. Caroline Jennings Saul & Heiko Gebauer, 2018. "Digital Transformation as an Enabler for Advanced Services in the Sanitation Sector," Sustainability, MDPI, vol. 10(3), pages 1-18, March.
    3. Subramaniam, Mega & Pang, Natalie & Morehouse, Shandra & Asgarali-Hoffman, S. Nisa, 2020. "Examining vulnerability in youth digital information practices scholarship: What are we missing or exhausting?," Children and Youth Services Review, Elsevier, vol. 116(C).
    4. Bruno F. Sunguya & Yue Ge & Linda B. Mlunde & Rose Mpembeni & Germana H. Leyna & Krishna C. Poudel & Niyati Parekh & Jiayan Huang, 2022. "Targeted and Population-Wide Interventions Are Needed to Address the Persistent Burden of Anemia among Women of Reproductive Age in Tanzania," IJERPH, MDPI, vol. 19(14), pages 1-12, July.
    5. Yong‐Shik Lee, 2020. "New general theory of economic development: Innovative growth and distribution," Review of Development Economics, Wiley Blackwell, vol. 24(2), pages 402-423, May.
    6. Leena Eklund Karlsson & Anne Leena Ikonen & Kothar Mohammed Alqahtani & Pernille Tanggaard Andersen & Subash Thapa, 2020. "Health Equity Lens Embedded in the Public Health Policies of Saudi Arabia: A Qualitative Document Analysis," SAGE Open, , vol. 10(4), pages 21582440209, October.
    7. Valensisi, Giovanni & Gauci, Adrian, 2013. "Graduated without passing? The employment dimension and LDCs' prospects under the Istanbul Programme of Action," MPRA Paper 86966, University Library of Munich, Germany.
    8. Yue-Hui Yu & Man-Man Peng, 2022. "Development and Poverty Dynamics in Severe Mental Illness: A Modified Capability Approach in the Chinese Context," IJERPH, MDPI, vol. 19(4), pages 1-13, February.
    9. Lisa F. Clark, 2018. "Policy conflicts in global food assistance strategies: balancing local procurement and harmonization," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 10(1), pages 211-222, February.
    10. Simon Meunier & Dale T. Manning & Loic Queval & Judith A. Cherni & Philippe Dessante & Daniel Zimmerle, 2019. "Determinants of the marginal willingness to pay for improved domestic water and irrigation in partially electrified Rwandan villages," Post-Print hal-02179229, HAL.
    11. Jussi T. S. Heikkila, 2020. "Classifying economics for the common good: Connecting sustainable development goals to JEL codes," Papers 2004.04384, arXiv.org.
    12. Menon Martina & Perali Federico & Veronesi Marcella, 2017. "“Leaving No Child Behind:” Preferences for Social Inclusion and Altruism," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 17(3), pages 1-19, July.
    13. Shannon L. Sibbald & Nicole Haggerty, 2019. "Integrating Business and Medical Pedagogy to Accomplish the Sustainable Development Goals," Journal of Education for Sustainable Development, , vol. 13(1), pages 92-101, March.
    14. Dedy Rahman Wijaya & Ni Luh Putu Satyaning Pradnya Paramita & Ana Uluwiyah & Muhammad Rheza & Annisa Zahara & Dwi Rani Puspita, 2022. "Estimating city-level poverty rate based on e-commerce data with machine learning," Electronic Commerce Research, Springer, vol. 22(1), pages 195-221, March.
    15. Józsa, Krisztián & Török, Balázs & Stevenson, Cerissa, 2018. "Preschool and kindergarten in Hungary and the United States: A comparison within transnational development policy," International Journal of Educational Development, Elsevier, vol. 62(C), pages 88-95.
    16. Kasuga, Hidefumi & Morita, Yuichi, 2022. "The health gap and its effect on economic outcomes," Journal of Macroeconomics, Elsevier, vol. 74(C).
    17. Soumi Roy Chowdhury & Alok K. Bohara & Hari Katuwal & José A. Pagán & Jennifer A. Thacher, 2019. "The Impact of Ritual Bathing in a Holy Hindu River on Waterborne Diseases," The Developing Economies, Institute of Developing Economies, vol. 57(1), pages 36-54, March.
    18. Samuel Dorevitch, 2015. "Health Effects of Waterborne Contaminants: A Focus on Emerging Concerns," IJERPH, MDPI, vol. 12(10), pages 1-3, October.
    19. Santangelo, Grazia D., 2018. "The impact of FDI in land in agriculture in developing countries on host country food security," Journal of World Business, Elsevier, vol. 53(1), pages 75-84.
    20. Sheilla Nyasha Author-Name: Yvonne Gwenhure & Nicholas M. Odhiambo, 2017. "Poverty and Economic Growth in Ethiopia: A Multivariate Causal Linkage," Journal of Developing Areas, Tennessee State University, College of Business, vol. 51(1), pages 343-359, January-M.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea16:230073. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.