Journal of Entrepreneurship Education (Print ISSN: 1098-8394; Online ISSN: 1528-2651)


The Role of Information Systems for Entrepreneurship Education and Enterprise in Developing Countries

Author(s): Ilgiz Mukhamadeev, Larisa Makhova, Anastasia Kurilova

Information systems are the key elements of the country's competitiveness and growth. Our research investigates the role of information systems for entrepreneurship education in developing countries on the example of the Azerbaijan education system and Internet banking. The information systems role in entrepreneurship education was determined with the help of online questionnaire. As a result of the study, it was found out that about 29% of higher entrepreneurship education institutions use IT technologies and e-learning principles in the learning process. The analysis of the effectiveness of information systems in the educational process showed that in faculties where more than 50% of IT is implemented, student performance increased by 5% (p<0.001). This demonstrates the positive role of information systems in the entrepreneurship learning process and the need to expand their introduction into higher education institutions. It was also shown that one of the problems connected with introducing e-learning is that teachers are not ready for the new changes. The analysis of the spread and introduction of Internet banking in developing countries showed that the number of online payment users from 2012 to 2018 increased by 57%. This indicates a positive trend of using e-banking. But at the same time, the classical banking system for making payments remains more relevant. The number of payments in bank branches is 43% more. The main problems of e-banking in developing countries are the lack of credit, the low security level and the lack of personal contact between the client and the bank employee. The research provides perceptive directions and gaps in research related to the information systems in the field of education and Internet banking. It will be useful for evaluating and adoption of state strategy in the development of information systems.

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