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What is Economic Impact

Handbook of Research on Ethics, Entrepreneurship, and Governance in Higher Education
Positive economic effect formed by the combination of income generated by firms, employment, wages, and taxes.
Published in Chapter:
University Social Responsibility and Its Effects on the Promotion of Entrepreneurship and Growth: Small and Medium Enterprises in Chile
Alejandro Vega-Muñoz (Autonomous University of Chile, Chile), Claudia Martínez-Villanueva (University of Chile, Chile), and Guido Salazar-Sepúlveda (The Catholic University of the Most Holy Conception of the Virgin Mary, Chile)
DOI: 10.4018/978-1-5225-5837-8.ch015
Abstract
From a descriptive-functional paradigm, this study explores how universities contribute to the promotion of entrepreneurship and the growth of small and medium enterprises in Chile. This fact constitutes the first approximation to the phenomenon of installing a national network of business development centers driven by the Technical Cooperation Service (SERCOTEC, for its acronym in Spanish), a private law corporation and a body dependent on the Ministry of Economy, Development, and Tourism of Chile. The study uses a qualitative methodology of phenomenological order, and it concludes as of diverse experiences about the achievements evidenced by a group of sixteen business owners advised by these centers from different locations of Chile.
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More Results
From Plate to Planet: Sustainable Strategies for Food Waste Management in the Hospitality Industry
The term “economic impact” describes how numerous facets of society, including literature, management of supply chains, health, and sustainable development objectives, are impacted by economic events or activities. These effects are evident in how economic shifts affect literature, as well as regards to how literature interprets economic shifts and how economic conditions influence the narrative of fiction or documentaries ( Laera, 2022 ).
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Role of Business Tourism in Knowledge Economies
The economic impact of business tourism refers to the positive influence it has on the local and global economy. This includes revenue generated from conferences, increased business activities in the host region, and the creation of jobs in the hospitality and service industries, contributing to the overall economic growth in knowledge economies.
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The Sacred Paths: A Case Study of Pilgrimage Routes in Southeast Asia With a Special Focus on Thailand
The influence of pilgrimage routes on the local and regional economies, including job creation, tourism revenue, and infrastructural development.
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Dynamics of Cruise Tourism in Asia: A Multifaceted Perspective
The economic impact of cruise tourism includes the direct, indirect, and induced effects of cruise operations on the economy of a destination. This encompasses income generated from tourists, employment opportunities created by cruise lines and associated industries, and the broader economic benefits distributed within the local community.
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Response of the Economic System to COVID-19: A Review of Evaluation Methods Applied in Assessing Economic Policies' Effects in Serbia
The effects specific phenomena have on the economic situation in the country, including results of external factors (e.g., COVID-19 pandemic) and government measures (e.g., anti-COVID-19 policy).
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The Impact of COVID-19 on the Tourism Industry: The Case of MSMEs in Barcelona
Effects on the economy are either direct or indirect. Economic impacts associated with tourism arise as a result of the demand and supply relationships in the industry, the associated visitor and investment expenditure patterns that they stimulate, and the structure of the economy.
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Women, Armed Conflicts, and Violence: An IHL and Indian Legal Perspective
Is the tangible cost of the violence perpetrated on groups or ethnicities which otherwise could have been put to sustaining livelihoods in the region. It includes cost of reconstruction and rehabilitation by national and international agencies.
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