IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v13y2021i13p7171-d582624.html
   My bibliography  Save this article

Entrepreneurship Ecosystem Performance in Egypt: An Empirical Study Based on the Global Entrepreneurship Index (GEI)

Author

Listed:
  • Mohamed Abouelhassan Ali

    (Doctoral School of Regional Policy and Economics, Faculty of Business and Economics, University of Pécs, 7622 Pécs, Hungary
    Regional Urban Development Department, Faculty of Urban and Regional Planning, Cairo University, 12613 Giza, Egypt)

  • Moaaz Kabil

    (Regional Urban Development Department, Faculty of Urban and Regional Planning, Cairo University, 12613 Giza, Egypt
    Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences (MATE), 2100 Godollo, Hungary)

  • Rahaf Alayan

    (Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences (MATE), 2100 Godollo, Hungary)

  • Róbert Magda

    (Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences (MATE), 2100 Godollo, Hungary
    Vanderbijlpark Campus, North-West University, 1900 Vanderbijlpark, South Africa)

  • Lóránt Dénes Dávid

    (Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences (MATE), 2100 Godollo, Hungary)

Abstract

Entrepreneurship is a significant economic process in regional economic development. This study aims to analyze the characteristics of the Egyptian entrepreneurial ecosystem by using the global entrepreneurship index (GEI) data from 2006–2017. This empirical study provides an in-depth insight into the Egyptian entrepreneurship ecosystem situation based on GEI methodology and its sub-indexes, pillars, and individual and institutional variables. Results revealed that the Egyptian entrepreneurial “Aspiration” pillars play a promising role in the Egyptian entrepreneurship ecosystem, especially the “Process Innovation” and “Risk Capital” pillars. Although the entrepreneurial “Abilities” pillars appear as shortcomings in the Egyptian GEI, especially the "Opportunity Startup" and "Competition" pillars. Furthermore, Egyptian entrepreneurial “Attitudes” pillars are considered to be the main disadvantage of forming the Egyptian GEI score. Finally, the paper proved that the “Risk Acceptance” and “Networking” pillars appeared as the weakest aspect of the Egyptian entrepreneurship ecosystem. Consequently, developing national policies and strategies to enhance these two pillars will improve the Egyptian GEI score by 2%.

Suggested Citation

  • Mohamed Abouelhassan Ali & Moaaz Kabil & Rahaf Alayan & Róbert Magda & Lóránt Dénes Dávid, 2021. "Entrepreneurship Ecosystem Performance in Egypt: An Empirical Study Based on the Global Entrepreneurship Index (GEI)," Sustainability, MDPI, vol. 13(13), pages 1-22, June.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:13:p:7171-:d:582624
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/13/13/7171/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/13/13/7171/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oscar Morant-Martínez & Cristina Santandreu-Mascarell & Lourdes Canós-Darós & José Millet Roig, 2019. "Ecosystem Model Proposal in the Tourism Sector to Enhance Sustainable Competitiveness," Sustainability, MDPI, vol. 11(23), pages 1-15, November.
    2. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "The Global Entrepreneurship and Development Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2018, chapter 0, pages 21-37, Springer.
    3. Zoltán J. Ács & Erkko Autio & László Szerb, 2015. "National Systems of Entrepreneurship: Measurement issues and policy implications," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 28, pages 523-541, Edward Elgar Publishing.
    4. Hala El-Said & Mahmoud Al-Said & Chahir Zaki, 2015. "Trade and access to finance of SMEs: is there a nexus?," Applied Economics, Taylor & Francis Journals, vol. 47(39), pages 4184-4199, August.
    5. Zoltan J. Acs & Saul Estrin & Tomasz Mickiewicz & László Szerb, 2018. "Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective," Small Business Economics, Springer, vol. 51(2), pages 501-514, August.
    6. László Szerb & Éva Komlósi & Balázs Páger, 2016. "Measuring Entrepreneurship and Optimizing Entrepreneurship Policy Efforts in the European Union," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(3), pages 08-23, October.
    7. Daniel MEYER & T MASEHLA & Sebastian KOT, 2017. "The Relationship between Economic Growth and Economic Development A Regional Assessment in South Africa," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 8(4(26)), pages 1377-1385.
    8. Zoltan Acs & László Szerb & Erkko Autio, 2017. "The Global Entrepreneurship Index," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2016, chapter 0, pages 19-38, Springer.
    9. Menuka Jayaratne & Gillian Sullivan Mort & Clare D’Souza, 2019. "Sustainability Entrepreneurship: From Consumer Concern Towards Entrepreneurial Commitment," Sustainability, MDPI, vol. 11(24), pages 1-13, December.
    10. Ioannis Sitaridis & Fotis Kitsios, 2020. "Competitiveness analysis and evaluation of entrepreneurial ecosystems: a multi-criteria approach," Annals of Operations Research, Springer, vol. 294(1), pages 377-399, November.
    11. Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "Global Entrepreneurship and Development Index 2018," SpringerBriefs in Economics, Springer, number 978-3-030-03279-1, October.
    12. repec:ces:ifodic:v:14:y:2016:i:3:p:19255694 is not listed on IDEAS
    13. Zoltan J. Acs & László Szerb & Ainsley Lloyd, 2017. "Global Entrepreneurship and Development Index 2017," SpringerBriefs in Economics, Springer, number 978-3-319-65903-9, October.
    14. László Szerb & Éva Komlósi & Balázs Páger, 2016. "Measuring Entrepreneurship and Optimizing Entrepreneurship Policy Efforts in the European Union," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(03), pages 08-23, October.
    15. Zoltan Acs & David Audretsch & Pontus Braunerhjelm & Bo Carlsson, 2012. "Growth and entrepreneurship," Small Business Economics, Springer, vol. 39(2), pages 289-300, September.
    16. Zoltan J. Acs & László Szerb & Erkko Autio, 2016. "Global Entrepreneurship and Development Index 2015," SpringerBriefs in Economics, Springer, edition 1, number 978-3-319-26730-2, October.
    17. Zoltan Acs & László Szerb & Erkko Autio, 2017. "Global Entrepreneurship and Development Index 2016," SpringerBriefs in Economics, Springer, number 978-3-319-63844-7, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Houcine Benlaria & Naeimah Fahad S. Almawishir & Sawssan Saadaoui & Sanaa Mostafa Mohammed Mohammed & Badreldin Mohamed Ahmed Abdulrahman & Ibrahhim Ahmed ELamin Eltahir, 2023. "The Moderating Role of Research and Development (R&D) Support in the Relationship between Entrepreneurship and per Capita Output—A Study on the GCC Countries," Economies, MDPI, vol. 11(6), pages 1-16, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adisu Fanta Bate, 2021. "A comparative analysis on the entrepreneurial ecosystem of BRICS club countries: practical emphasis on South Africa," SN Business & Economics, Springer, vol. 1(10), pages 1-20, October.
    2. David B. Audretsch, 2021. "The Legacy of Zoltan J. Acs," Small Business Economics, Springer, vol. 57(4), pages 1623-1628, December.
    3. Kristian Kremer, 2019. "The Entrepreneurial Ecosystem: A Country Comparison Based on the GEI Approach," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(02), pages 52-62, August.
    4. Pindado, Emilio & Sánchez, Mercedes & García Martínez, Marian, 2023. "Entrepreneurial innovativeness: When too little or too much agglomeration hurts," Research Policy, Elsevier, vol. 52(1).
    5. Ivana Đaković Radojičić & Jelena Raut & Slavica Mitrović Veljković & Branislav Dudić & Silvia Treľová & Vijoleta Vrhovac, 2022. "Factors That Limit the Development of the Digital Entrepreneurial System in the Scale-Up Phase of the Enterprise Life Cycle," Mathematics, MDPI, vol. 10(9), pages 1-18, May.
    6. Mark Sanders, 2022. "Enter the Prince of Denmark: Entrepreneurship for a Resilient and Sustainable Economy," Small Business Economics, Springer, vol. 59(3), pages 773-779, October.
    7. Pooreum Ryu & Dohyeon Kim, 2020. "Moderating effect of gender on the opportunity recognition and entrepreneurial intention," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(1), pages 725-740, September.
    8. Dorine Cornet & Jean Bonnet & Sébastien Bourdin, 2023. "Digital entrepreneurship indicator (DEI): an analysis of the case of the greater Paris metropolitan area," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 71(3), pages 697-724, December.
    9. Tshehla, Steven S. & Chodokufa, Kudakwashe & Costa, King, 2021. "Entrepreneurship Education’s Influence on Learner’s Entrepreneurship Intention in South African Schools," AfricArxiv gpn98, Center for Open Science.
    10. Assmann, Daisy & Ehrl, Philipp, 2021. "Individualistic culture and entrepreneurial opportunities," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 1248-1268.
    11. Stefan Apostol, 2023. "Digitalization and Platformization in Romania Based on the Digital Platform Economy Index 2020," Central European Business Review, Prague University of Economics and Business, vol. 2023(4), pages 77-103.
    12. Charalampos Michael Vlados & Nikolaos Deniozos & Demosthenes Chatzinikolaou, 2018. "Towards A New Approach of Local Development under Crisis Conditions: Empowering the Local Business Ecosystems in Greece, by Adopting a New Local Development Policy," International Journal of Regional Development, Macrothink Institute, vol. 5(1), pages 1-1, December.
    13. Antonia Nörthemann, 2023. "Industry-specific specialization in venture capitalists’ internationalization decisions," Journal of Business Economics, Springer, vol. 93(5), pages 891-927, July.
    14. Franz Huber & Alan Ponce & Francesco Rentocchini & Thomas Wainwright, 2020. "The Wealth of (Open Data) Nations? Examining the interplay of open government data and country-level institutions for entrepreneurial activity at the country-level," SEEDS Working Papers 1120, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Nov 2020.
    15. Colin Donaldson, 2021. "Culture in the entrepreneurial ecosystem: a conceptual framing," International Entrepreneurship and Management Journal, Springer, vol. 17(1), pages 289-319, March.
    16. Naudé, Wim & Nagler, Paula, 2021. "The Rise and Fall of German Innovation," IZA Discussion Papers 14154, Institute of Labor Economics (IZA).
    17. Tshehla, Belinda & Costa, King, 2021. "Exploring The Relationship Between Mentorship And Successful Youth Entrepreneurship At Telkom, South Africa," AfricArxiv c5r4e, Center for Open Science.
    18. Gandolfo Dominici & Igneza Gagnidze, 2021. "Effectiveness of entrepreneurial universities: experiences and challenges in digital era (a systemic approach)," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 19(1), pages 13-30.
    19. Gandolfo Dominici & Igneza Gagnidze, 2021. "Effectiveness of entrepreneurial universities: experiences and challenges in digital era (a systemic approach)," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 19(1), pages 13-30.
    20. Grădinaru Cătălin & Toma Sorin-George & Papuc Răzvan, 2017. "Entrepreneurship in the World: The Analysis of the Global Entrepreneurship Index in the Period 2015-2017," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 14-18, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:13:y:2021:i:13:p:7171-:d:582624. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.