Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17–19, 2023, Beijing, China

Research Article

Simulation Study of Rural Entrepreneurial Ecosystem under Rural Revitalization Policies

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  • @INPROCEEDINGS{10.4108/eai.17-11-2023.2342744,
        author={Yueliang  Su and Weiqi  Liang},
        title={Simulation Study of Rural Entrepreneurial Ecosystem under Rural Revitalization Policies},
        proceedings={Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17--19, 2023, Beijing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2024},
        month={2},
        keywords={system dynamics system simulation structure equation modeling rural entrepreneurial ecosystem rural revitalization policies entrepreneurial opportunity},
        doi={10.4108/eai.17-11-2023.2342744}
    }
    
  • Yueliang Su
    Weiqi Liang
    Year: 2024
    Simulation Study of Rural Entrepreneurial Ecosystem under Rural Revitalization Policies
    ICEMME
    EAI
    DOI: 10.4108/eai.17-11-2023.2342744
Yueliang Su1,*, Weiqi Liang1
  • 1: South China University of Technology
*Contact email: syxcg@scut.edu.cn

Abstract

China's rural entrepreneurial ecosystem is in the initial stage of development, but the current related studies have not further proposed a systematic assessment system of rural entrepreneurial opportunities to help entrepreneurs and policy makers make decisions, which is not conducive to the development of the rural entrepreneurial ecosystem. The purpose of this paper is to use structure equation modeling and system dynamics approach to analyze the dynamic feedback in the entrepreneurial ecosystem of rural entrepreneurial resources and entrepreneurial environment to assess rural entrepreneurial opportunities. The model is simulated using Vensim software, and the results show that the burden rate of entrepreneurial cost is decreasing and the rate of change of entrepreneurial opportunity support is increasing, which indicates that the overall development of factor market, transportation facilities, informationization and administrative service efficiency in Qingyuan, Guangdong Province, is developing. Finally, it is predicted that this rural entrepreneurial ecosystem has a promising and prosperous future.