Business Entrepreneurship and Local Economic Development in Farmers in Two Provinces of Peru
Katherine Adelita Rodríguez-Ibáñez *
Graduate School, Universidad César Vallejo, Peru.
*Author to whom correspondence should be addressed.
Abstract
The objective of research was to determine the relationship between business entrepreneurship and local economic development in farmers in the provinces of Virú and Chepén. Methodoly research was basic, quantitative approach, non-experimental design, comparative causal level. Sample size was 70 farmers from the province of Virú and Chepén. The results suggest a high positive correlation (rho=0.770 and rho=0.811) and significant (p 0.05) between business entrepreneurship and local economic development and dimensions of production, sociocultural and administrative policies, since it was obtained (rho= 0.829 and rho=0.940); (rho=0.635 and rho=0.516) and (rho=0.508** and rho=0.734**), respectively, that is, entrepreneurship allows local development of farmers by providing them with a better quality of life and economic well-being.
Keywords: Business entrepreneurship, local economic development, production systems