Author(s)

Baozhu Liu¹, Mingxia Lyu^2*, Yirong Ying^1,3*

¹School of Economics, Shanghai University, Shanghai, China.
²Institute of Higher Education, Shanghai University, Shanghai, China.
³Xianda College of Economics and Humanities, Shanghai International Studies University, Shanghai, China.

The education level of entrepreneurs plays an important role in the decision-making process of loan financing. In this paper, the research method of optimization theory is used to study the problem of the education level and maximizing utility of entrepreneurs, and the optimal analytic solution is obtained. On this basis, the influence of the change of bank loan interest rate, the marginal effect of entrepreneur’s effort, the marginal effect of entrepreneur’s investment, the elastic coefficient of entrepreneur’s effort and the elastic coefficient of entrepreneur’s investment on the optimal solution of entrepreneur’s effort and investment amount is discussed.

Educational Background, Utility Function, Enterprise Performance

Liu, B. , Lyu, M. and Ying, Y. (2023) Entrepreneur Education Level and Its Utility Maximization. Intelligent Information Management, 15, 160-168. doi: 10.4236/iim.2023.153008.