Credit management in enterprises and its impact on Peruvian economic growth (2001 - 2023) (#630)
Read ArticleDate of Conference
July 17-19, 2024
Published In
"Sustainable Engineering for a Diverse, Equitable, and Inclusive Future at the Service of Education, Research, and Industry for a Society 5.0."
Location of Conference
Costa Rica
Authors
Romero Escalante, Victor Fabian
Abstract
The objective of this article is to determine the impact of credit management of entrepreneurship on Peruvian economic growth in the period 2001- 2023, we know that entrepreneurship is the ability to generate or develop a sustainable project that generates economic and social value, in this sense, Peru is known for the entrepreneurial impetus of its inhabitants, to solve the research question was conducted a research with quantitative approach, explanatory level, with non-experimental design. Public domain statistical data applied time series analysis was used, where an ordinary least squares (OLS) model was developed to answer the research question. As the main finding of the research, it was verified that Credit Management in Entrepreneurship has a considerable impact on the economic growth of Peru, explaining 99% of its growth.