Comparative Perspectives on Digital Entrepreneurship and Economic Growth: A Focus on the Western Balkans
Abstract
This study explores how digital entrepreneurship drives economic growth in the Western Balkans by
examining factors such as digital infrastructure quality, venture capital investment, digital literacy, and policy
environment. Using a mixed-methods approach, the research analyzes data from regional statistical offices,
interviews with digital entrepreneurs, and investment trends. Results indicate an average internet accessibility
rate of 70% and annual venture capital investments of approximately $100 million in the region. Correlation and
regression analyses reveal a strong positive association between digital infrastructure quality and GDP growth,
as well as between venture capital investment and the emergence of new startups. Additionally, while digital
literacy shows a positive correlation with employment in the digital sector, its impact is less significant. Based
on these findings, the study recommends focusing on enhancing digital infrastructure and literacy programs to
support economic development. This research highlights digital entrepreneurship as a crucial catalyst for economic advancement in the Western Balkans, offering actionable insights for policymakers and identifying avenues for future research.
Abstract
This study explores how digital entrepreneurship drives economic growth in the Western Balkans by
examining factors such as digital infrastructure quality, venture capital investment, digital literacy, and policy
environment. Using a mixed-methods approach, the research analyzes data from regional statistical offices,
interviews with digital entrepreneurs, and investment trends. Results indicate an average internet accessibility
rate of 70% and annual venture capital investments of approximately $100 million in the region. Correlation and
regression analyses reveal a strong positive association between digital infrastructure quality and GDP growth,
as well as between venture capital investment and the emergence of new startups. Additionally, while digital
literacy shows a positive correlation with employment in the digital sector, its impact is less significant. Based
on these findings, the study recommends focusing on enhancing digital infrastructure and literacy programs to
support economic development. This research highlights digital entrepreneurship as a crucial catalyst for economic advancement in the Western Balkans, offering actionable insights for policymakers and identifying avenues for future research.
Keywords:
References
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