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Factors Affecting Techno-Entrepreneurship Innovation and Growth in Developing Economies

Author

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  • Ahmad Shatat

    (Applied Science University, Bahrain)

  • Mohammed Abo Keir

    (Applied Science University, Bahrain)

  • Iaad Mustafa

    (Applied Science University, Bahrain)

  • Faiza Zitouni

    (Applied Science University, Bahrain)

  • Manal Almatrook

    (Applied Science University, Bahrain)

Abstract

In many countries, entrepreneurs witnessed a considerable concern by governments and individuals due to its positive impact on individual interest in particular and the economic growth in general. Many individuals rely on government to secure a job which impose a huge burden on the government sector. The adoption of techno-entrepreneurship as a solution to create new job opportunities experienced several challenges to grow-up. However, the Critical Success Factors (CSFs) enabled many individuals to startup a new venture or transform their business effectively into the virtual platform such as social media. A survey instrument was distributed to 250 entrepreneurs effectively using technology as a platform for their venture. Out of which 204 were completed and used in the analysis which determined 81% as the overall response rate. The results of the study reveal a positive and significant relationship between the 7 CSFs and the venture success, and that also indicates a notable impact of the CSFs on the startups.

Suggested Citation

  • Ahmad Shatat & Mohammed Abo Keir & Iaad Mustafa & Faiza Zitouni & Manal Almatrook, 2022. "Factors Affecting Techno-Entrepreneurship Innovation and Growth in Developing Economies," International Journal of E-Entrepreneurship and Innovation (IJEEI), IGI Global, vol. 12(1), pages 1-21, January.
  • Handle: RePEc:igg:jeei00:v:12:y:2022:i:1:p:1-21
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