Effects of financial education on the economic decision-making of young technology entrepreneurs in Ecuador
DOI:
https://doi.org/10.71068/7jz5g211Keywords:
financial education, decision-making, technological entrepreneurship, young entrepreneursAbstract
Technological entrepreneurship became a relevant driver of economic development in Ecuador; however, limited financial education among young entrepreneurs represented a significant challenge for effective economic decision-making. In this context, the general objective of the study was to analyze the effects of financial education on the economic decision-making of young technological entrepreneurs in Ecuador. The research was conducted using a quantitative approach, with a non-experimental, cross-sectional, and explanatory design. The sample consisted of 200 young technological entrepreneurs, selected through non-probabilistic convenience sampling. Data were collected through a structured survey, validated by expert judgment and applied using a Likert-type scale. The results showed that financial education had a positive and significant influence on economic decision-making, particularly in investment decisions, risk assessment, selection of financing sources, and the economic sustainability of ventures. Additionally, gaps were identified in the level of financial knowledge among a segment of entrepreneurs, which limited the quality of certain economic decisions. In conclusion, financial education was confirmed as a determining factor in improving economic rationality and enhancing the sustainability of technological entrepreneurship within the Ecuadorian context.
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Copyright (c) 2025 Daniela Cristina Amoroso Castillo, Rosa Paola Flores Loaiza, Zoila Mónica Ortega Pesantez, Carlos Roberto Carpio Ayala (Autor/a)
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