IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-19-6696-5_7.html
   My bibliography  Save this book chapter

Funding Sources for Medical Entrepreneurship in the Digital Age (Middle East Perspective)

In: Medical Entrepreneurship

Author

Listed:
  • Hani El-Chaarani

    (Beirut Arab University)

  • Lukman Raimi

    (Universiti Brunei Darussalam)

  • Zouhour El-Abiad

    (Lebanese University)

Abstract

This chapter aims to study the funding sources for medical entrepreneurship in the digital age. Based on a sample of 107 medical entrepreneurs from 8 countries in the Middle East, the results show that the main financial sources used in medical entrepreneurship investments are bank loans followed by personnel saving and then funds provided by family and business angels. Other funding sources, such as grants and venture capital, are not frequently employed in the Middle East region. In addition, the results of this chapter reveal that the funding sources are significantly correlated with the financial indicators of medical entrepreneurship investments during the last COVID-19 pandemic period. The results reveal that medical entrepreneurship investments funded by external sources such as loans and equity have a higher level of profitability and a lower level of liquidity than medical entrepreneurship investments funded by internal sources such as personnel savings. For external funding sources, the results show that both profitability and liquidity ratios are correlated with the type of main funding source.

Suggested Citation

  • Hani El-Chaarani & Lukman Raimi & Zouhour El-Abiad, 2023. "Funding Sources for Medical Entrepreneurship in the Digital Age (Middle East Perspective)," Springer Books, in: Lukman Raimi & Ibrahim Adekunle Oreagba (ed.), Medical Entrepreneurship, chapter 0, pages 101-120, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-6696-5_7
    DOI: 10.1007/978-981-19-6696-5_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:sprchp:978-981-19-6696-5_7. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.