Entrepreneurship and Sustainable Development in Egypt: An Empirical Analysis | ||
| المجلة العلمية للدراسات والبحوث المالية والتجارية | ||
| Volume 7, Issue 1, January 2026, Pages 159-189 PDF (694.62 K) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/cfdj.2025.406846.2340 | ||
| Author | ||
| Amany Salah* | ||
| Higher Obour Institutes for management & informatics | ||
| Abstract | ||
| This study aimed to investigate the impact of entrepreneurship on sustainable development in Egypt across its various dimensions—economic, social, and environmental—using an Autoregressive Distributed Lag (ARDL) model over the period 2000-2023.The findings of the study revealed a positive and significant impact of entrepreneurship on sustainable development in all three dimensions in both the short and long run. For the economic dimension, the coefficient of determination (R2) was 99%, and the F-statistic (FC) was 187.9 in the short run, with cointegration observed among the variables in the long run. For the social dimension, the results also showed a positive and significant impact of entrepreneurship on sustainable development in the short run, with an R2 of 79% and an F-statistic of 28.70584 at a 1% significance level, with cointegration among the variables in the long run. Finally, for the environmental dimension, the results demonstrated a positive and significant impact of entrepreneurship on sustainable development in the short run, with an R2 of 94% and an F-statistic of 6.807721 at a 1% significance level, along with cointegration among the variables in the long run. This necessitates that the state takes the necessary measures to reduce carbon emissions resulting from increased entrepreneurial economic activities, and to direct these activities towards green production and health sectors, while focusing on increasing women's participation in these activities. | ||
| Keywords | ||
| Entrepreneurship; Sustainable development; ARDL; Egypt | ||
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