Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers

Digital finance provides an ideal entrepreneurial environment for returning migrant workers (RMWs). From the perspective of entrepreneurs, many scholars have quantified the factors affecting entrepreneurship, as well as the entrepreneurial environment, theorized the importance, motives, and internal...

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Autores principales:	Can Xiong, Fusheng Zeng
Formato:	article
Lenguaje:	EN
Publicado:	Hindawi Limited 2021
Materias:	Mathematics QA1-939
Acceso en línea:	https://doaj.org/article/e8e112ba2ed34c3ca4751b65a9c4ff64
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spelling	oai:doaj.org-article:e8e112ba2ed34c3ca4751b65a9c4ff642021-11-29T00:56:42ZInfluence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers1607-887X10.1155/2021/3798106https://doaj.org/article/e8e112ba2ed34c3ca4751b65a9c4ff642021-01-01T00:00:00Zhttp://dx.doi.org/10.1155/2021/3798106https://doaj.org/toc/1607-887XDigital finance provides an ideal entrepreneurial environment for returning migrant workers (RMWs). From the perspective of entrepreneurs, many scholars have quantified the factors affecting entrepreneurship, as well as the entrepreneurial environment, theorized the importance, motives, and internal/external impactors of RMW entrepreneurship, and put forward quite a lot of countermeasures. This paper innovatively evaluates how digital finance influences the efficacy of RMW entrepreneurship. Firstly, the authors established an influencing factor analysis model and an RMW entrepreneurship model and explained principles for the structural equation modeling of the influence of digital finance on RMW entrepreneurship efficacy. Next, the traditional partial least squares (PLS) regression was optimized, the optimal initial iteration values (IIVs) were obtained, and the algorithm convergence was achieved. Finally, a multilayer structural equation model (SEM) was constructed to evaluate the influence of digital finance on RMW entrepreneurship efficacy. The proposed algorithm and model were proved valid and feasible through experiments.Can XiongFusheng ZengHindawi LimitedarticleMathematicsQA1-939ENDiscrete Dynamics in Nature and Society, Vol 2021 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Mathematics QA1-939
spellingShingle	Mathematics QA1-939 Can Xiong Fusheng Zeng Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers
description	Digital finance provides an ideal entrepreneurial environment for returning migrant workers (RMWs). From the perspective of entrepreneurs, many scholars have quantified the factors affecting entrepreneurship, as well as the entrepreneurial environment, theorized the importance, motives, and internal/external impactors of RMW entrepreneurship, and put forward quite a lot of countermeasures. This paper innovatively evaluates how digital finance influences the efficacy of RMW entrepreneurship. Firstly, the authors established an influencing factor analysis model and an RMW entrepreneurship model and explained principles for the structural equation modeling of the influence of digital finance on RMW entrepreneurship efficacy. Next, the traditional partial least squares (PLS) regression was optimized, the optimal initial iteration values (IIVs) were obtained, and the algorithm convergence was achieved. Finally, a multilayer structural equation model (SEM) was constructed to evaluate the influence of digital finance on RMW entrepreneurship efficacy. The proposed algorithm and model were proved valid and feasible through experiments.
format	article
author	Can Xiong Fusheng Zeng
author_facet	Can Xiong Fusheng Zeng
author_sort	Can Xiong
title	Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers
title_short	Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers
title_full	Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers
title_fullStr	Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers
title_full_unstemmed	Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers
title_sort	influence of digital finance on efficacy of entrepreneurship by returning migrant workers
publisher	Hindawi Limited
publishDate	2021
url	https://doaj.org/article/e8e112ba2ed34c3ca4751b65a9c4ff64
work_keys_str_mv	AT canxiong influenceofdigitalfinanceonefficacyofentrepreneurshipbyreturningmigrantworkers AT fushengzeng influenceofdigitalfinanceonefficacyofentrepreneurshipbyreturningmigrantworkers
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Influence of Digital Finance on Efficacy of Entrepreneurship by Returning Migrant Workers

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