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GEM CASE STUDY 1A GEM Case StudyLiberty UniversityBUSI 600Word count-1,044
GEM CASE STUDY 2A GEM Case StudyEntrepreneurship is considered an essential component of economic growth (Herrington &Coduras, 2019). Entrepreneurship opportunities also impact national competitive advantage and development by increasing wealth, job creation, and productivity. The purpose of the discussion is to provide a forum of Global Entrepreneurship Monitor (GEM) using critical informants from 10 nations to understand factors that influence economic development.Independent and Dependent Variables in This StudyFrom the case study, the independent and dependent variables are illustrated in Exhibit C-GEM 1–1. According to Schindler (2019), dependent and independent variables are the main interest of researchers. However, the dependent variable is measurable and predictable, and influenced by the independent variable (Kaliyadan & Kulkarni, 2019). This suggests that independent variables are manipulated to influence the dependent variable. The dependent variable from the GEM case study includes economic growth through the gross domestic product(GDP) and jobs. Furthermore, the construct of business dynamic is a dependent variable because it comprises new jobs/firms, creating employment opportunities, firm growth, firm dissolution, and firm contraction.On the other hand, the independent variables include general national framework, entrepreneurial opportunities, entrepreneurial capacity, and entrepreneurial framework condition.Any change in independent variables directly affects the dependent variable, such as economic growth and business dynamics. Losh (2017) found that dependent variables jeopardize the flow
GEM CASE STUDY 3of any research since it depends on other variables being measured that change due to manipulating independent variables.Intervening, extraneous, and moderating variables that the study attempted to control withits 10-nation designIn the 10-nation design, A GEM study attempted to control intervening, extraneous, and moderating variables. These variables also affect dependent and independent variables. There arenumerous extraneous variables (EV) in research that affect the relationship between dependent and independent variables (Schindler, 2019). Researchers in the GEM Study include a nation's