Intelligence and good governance on socioeconomic development of global community

A positive connection between intelligence (measured as IQ) and happiness at the country level has been described repeatedly. The present study treats IQ as an important source of human and social capital, and ultimately of happiness and life satisfaction. Furthermore, it was revealed that the na...

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Main Author:	Ahmad Suhaimi, Siti Shazwani
Format:	Thesis
Language:	English
Published:	2021
Subjects:	Economics - Sociological aspects Happiness Intelligence levels
Online Access:	http://psasir.upm.edu.my/id/eprint/104390/1/SITI%20SHAZWANI%20-%20IR.pdf
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id	my-upm-ir.104390
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spelling	my-upm-ir.1043902023-08-10T02:03:58Z Intelligence and good governance on socioeconomic development of global community 2021-06 Ahmad Suhaimi, Siti Shazwani A positive connection between intelligence (measured as IQ) and happiness at the country level has been described repeatedly. The present study treats IQ as an important source of human and social capital, and ultimately of happiness and life satisfaction. Furthermore, it was revealed that the national average intelligence (IQ) also is a strong indicator in determining national entrepreneurial potential. Considering that the public institutions are responsible to serve the needs of the majority, this study specifically examined the moderating effect of governance quality on the relationship between national average IQ upon happiness and entrepreneurial activity measured as new business entry density at a cross-country level. This is a quantitative study where the data required were based on secondary data, from World Bank database,World Health Organization (WHO) and World Happiness Report (WHR). The results of robust regression analysis revealed that national IQ was highly significant in raising the level of happiness. Furthermore, the interaction between IQ and governance quality contributed a positive and significant effect on happiness. The conclusion is that governance quality enhances the positive impact of intelligence on happiness. Good governance appears to create the conditions under which higher national IQ can be used towards achieving a higher level of well-being. Employing robust regression analysis, IQ was found to be non-significant on entrepreneurial activity, while the effect of governance was found to be both positive and significant. However, there was strong evidence of the negative interaction between IQ and governance, which suggests that good governance raises entrepreneurial activity more in low-IQ than in high-IQ countries. Additional regressions were also carried out employing the ease of doing business (EDB) index as a measure of entrepreneurship. The results demonstrated that IQ, and not governance was highly significant on the EDB. Moreover, the interaction between IQ and governance was non-significant, which implies that the governance quality did not regulate the effect of IQ on the EDB. This study concluded that national average IQ is effective at providing nations with an excellent regulatory environment for entrepreneurship. However, it requires good governance, and not IQ, in order to build people’s confidence before they start new entrepreneurial ventures given it involves risks and uncertainty. Economics - Sociological aspects Happiness Intelligence levels 2021-06 Thesis http://psasir.upm.edu.my/id/eprint/104390/ http://psasir.upm.edu.my/id/eprint/104390/1/SITI%20SHAZWANI%20-%20IR.pdf text en public masters Universiti Putra Malaysia Economics - Sociological aspects Happiness Intelligence levels Burhan @ Jaohari, Nik Ahmad Sufian
institution	Universiti Putra Malaysia
collection	PSAS Institutional Repository
language	English
advisor	Burhan @ Jaohari, Nik Ahmad Sufian
topic	Economics - Sociological aspects Happiness Intelligence levels
spellingShingle	Economics - Sociological aspects Happiness Intelligence levels Ahmad Suhaimi, Siti Shazwani Intelligence and good governance on socioeconomic development of global community
description	A positive connection between intelligence (measured as IQ) and happiness at the country level has been described repeatedly. The present study treats IQ as an important source of human and social capital, and ultimately of happiness and life satisfaction. Furthermore, it was revealed that the national average intelligence (IQ) also is a strong indicator in determining national entrepreneurial potential. Considering that the public institutions are responsible to serve the needs of the majority, this study specifically examined the moderating effect of governance quality on the relationship between national average IQ upon happiness and entrepreneurial activity measured as new business entry density at a cross-country level. This is a quantitative study where the data required were based on secondary data, from World Bank database,World Health Organization (WHO) and World Happiness Report (WHR). The results of robust regression analysis revealed that national IQ was highly significant in raising the level of happiness. Furthermore, the interaction between IQ and governance quality contributed a positive and significant effect on happiness. The conclusion is that governance quality enhances the positive impact of intelligence on happiness. Good governance appears to create the conditions under which higher national IQ can be used towards achieving a higher level of well-being. Employing robust regression analysis, IQ was found to be non-significant on entrepreneurial activity, while the effect of governance was found to be both positive and significant. However, there was strong evidence of the negative interaction between IQ and governance, which suggests that good governance raises entrepreneurial activity more in low-IQ than in high-IQ countries. Additional regressions were also carried out employing the ease of doing business (EDB) index as a measure of entrepreneurship. The results demonstrated that IQ, and not governance was highly significant on the EDB. Moreover, the interaction between IQ and governance was non-significant, which implies that the governance quality did not regulate the effect of IQ on the EDB. This study concluded that national average IQ is effective at providing nations with an excellent regulatory environment for entrepreneurship. However, it requires good governance, and not IQ, in order to build people’s confidence before they start new entrepreneurial ventures given it involves risks and uncertainty.
format	Thesis
qualification_level	Master's degree
author	Ahmad Suhaimi, Siti Shazwani
author_facet	Ahmad Suhaimi, Siti Shazwani
author_sort	Ahmad Suhaimi, Siti Shazwani
title	Intelligence and good governance on socioeconomic development of global community
title_short	Intelligence and good governance on socioeconomic development of global community
title_full	Intelligence and good governance on socioeconomic development of global community
title_fullStr	Intelligence and good governance on socioeconomic development of global community
title_full_unstemmed	Intelligence and good governance on socioeconomic development of global community
title_sort	intelligence and good governance on socioeconomic development of global community
granting_institution	Universiti Putra Malaysia
publishDate	2021
url	http://psasir.upm.edu.my/id/eprint/104390/1/SITI%20SHAZWANI%20-%20IR.pdf
_version_	1776100434403917824

Intelligence and good governance on socioeconomic development of global community

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