Research on Promoting Entrepreneurship among Returning Migrant Workers

Abstract

To encourage migrant workers to return to their hometowns for entrepreneurship, the Guangxi government has formulated a series of supportive policies under the guidance of national policies. Understanding the direction for policy improvement requires exploring what migrant workers truly want and what concerns they have. This paper first establishes an index system based on eight dimensions including subjective attitudes, physiological motivations, and social motivations through the construction of a Random Forest model, analyzing the importance of various factors affecting the willingness of migrant workers to return home for entrepreneurship. The study found that the factor "influence from peer groups or media reports" has a significant impact on their willingness. Secondly, using the AMIRA model to predict the per capita disposable income of rural residents in Guangxi for the next seven years, it was found that their income is on an upward trend, which is conducive to enhancing the willingness of migrant workers to return home for entrepreneurship. Lastly, based on the research, countermeasures and suggestions are proposed from the perspectives of the government, market, and society to promote entrepreneurship among returning migrant workers.