Technology Absorption as a Main Indicator of Global Entrepreneurship Performance

P Eko Prasetyo


In the globalization era, technology absorption capacity is increasingly vital to own to improve the performance of entrepreneurial industry. The aim of this study was to elaborate the main role of technology absorption as the main determinant to boost the performance of global entrepreneurship. For the sake of analysis, the researchers took primary data from global entrepreneurship index (GEIINDEX, 2019) containing 137 countries that have been surveyed (Acs, 2019). The method of analysis used was path analysis model in recursive form derived from the experimental model of multiple regression method in form of ordinary least square (OLS). The results showed that technology absorption (TA) positively and significantly became the main determinant in improving the capacity and performance of global entrepreneurship, while the opportunity start-up (OS) was the supporting determinant. Shortly, the entrepreneurial industry should have the capacity of technology absorption and mastery to start a business (OS), improve capacity (ABT), and sustainably encourage the excellence of Global Entrepreneurship Performance (GEP)


Technology absorption, Opportunity start-up, Global entrepreneurship performance

Full Text:



Agri, E.M., Kennedy, N.D., Bonmwa, G.O., & Acha, O.F. (2018). Technology Innovation and Sustainable Entrepreneurship Development in Nigeria: Stakeholders’ Impact Assessment in Central Nigeria, Journal of Economics, Management and Trade, 21(3), 1-16.

Arunachalam, S.; Ramaswami, S.; Herrmann, P.; Walker, D. (2018). Innovation pathway to profitability: The role of entrepreneurial orientation and marketing capabilities. Journal of the Academy of Marketing Science, 46, 744–766.

AtiAE, V.Y., Dzansi, D.Y. & Ameh, J.K. (2020). Technology absorption capacity and firm growth in Africa. View project, 341655891.

Atiase, V.Y., Dzansi, D.Y., & Ameh, J.K. (2020). Technology absorption capacity and firm growth in Africa. ResearGate, 343041337.

Badzińska, E. (2016). The Concept of Technological Entrepreneurship: The Example of Business Implementation. Entrepreneurial Business and Economics Review, 4(3), 57-72. doi: 10.15678/EBER.2016.040305.

Bailetti, T. (2012). Technology Entrepreneurship: Overview, Definition, and Distinctive Aspects. Technology Innovation Management Review, 2, 5-12.

Choi, D.S., Sung, C.S., & Park, J.Y (2020). How Does Technology Start-ups Increase Innovative Performance? The Study of Technology Start-ups on Innovation Focusing on Employment Change in Korea. Sustainability, 12(551), 1-14.

Goldberg, I., Branstetter, L., Goddard, J. G., & Kuriakose, S. (2008). Globalization and Technology Absorption in Europe and Central Asia The Role of Trade, FDI, and Cross-border Knowledge Flows. World Bank Working Papers, No. 150. 1818 H Street, N.W.: Washington, D.C. 20433, U.S.A. doi: 10.1596/978-0-8213-7583-9

Huang, K. (2011). Technology competencies in competitive environment. Journal of Business Research, 64(2), 172–179.

Johnston, M.P. (2014). Secondary Data Analysis: A Method of which the Time Has Come. Qualitative and Quantitative Methods in Libraries, 3, 619-626.

Kim, J., & Yoo, J. (2019). The Efects of Entrepreneurial Orientation and Environmental Uncertainty on Korean Technology Firms’ R&D Investment. Journal of Open Innovation: Technology Market Complexity, 5(29), 1-13.

Mao, C., Koidea, R., Bremb, A., & Akenjia, L. (2020). Technology foresight for social good: Social implications of technological innovation by 2050 from a Global Expert Survey. Technological Forecasting & Social Change, 153.

Martins, F. S., & da-Cunha, A. C. (2018). Secondary Data in Research Uses and Opportunities. Journal of Strategic Management, 17(3), 1-5.

Morales, V.J.G., Ramos, M.T.B., & Rojas, R.M. (2014). Technological variables and absorptive capacity's influence on performance through corporate entrepreneurship. Journal of Business Research, 67, 1468–1477.

Nasiri M., Ukko, J., Saunila, M., & Rantala, T. (2020). Managing the digital supply chain: The role of smart technologies. Technovation, 96-97(2020), 102-121.

Olawuyi, D.S. (2018). From Technology Transfer to Tehnology Absorption Addressing Climate Technology Gaps in Africa. Journal of Energy & Natural Resources Law, 36(1), 61-84. doi:

Prasetyo, P.E., & Siswantari, H. (2020a). Technology Absorption in Entrepreneurial Aspirations and Capabilities. International Journal of Innovation, Creativity and Change, 14(3), 1264-1277.

Prasetyo, P. E. (2020b). Attitudes, Aspirations and Entrepreneurial Capabilities: Key Dimensions of Entrepreneurial Performance [Sikap, Aspirasi dan Kemampuan Wirausaha: Dimensi Utama Kinerja Kewirausahaan]. Journal of Management and Entrepreneurship, 8(2), 1-12.

Prasetyo, P. E., & Dzaki, F.Z. (2020c). Institutional performance and new product development value chain for entrepreneurial competitive advantage. Uncertain Supply Chain Management, 8(4), 561-576.

Prasetyo, P. E., & Kistanti, N. R. (2020d). Human capital, institutional economics and entrepreneurship as a driver for quality & sustainable economic growth. Entrepreneurship and Sustainability Issues, 7(4), 2575-2589.

Prasetyo, P. E. (2019). The Reliability of Entrepreneurial Productivity as Driver of Economic Growth and Employment. International Journal of Entrepreneurship, 23(4), 1-15.

Thomas, B. (2014). A Model of the Diffusion of Technology into SMEs. ResearchGate, 255587273. Retrived from



  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.