Conceptualizing ICT entrepreneurship ecosystems: African and U.S. tech hubs
1 Indiana Wesleyan University, USA.
2 Independent Researcher, Nigeria.
3 Independent Researcher, UK.
4 Independent Researcher, Phoenix, Arizona, USA
Review Article
World Journal of Advanced Research and Reviews, 2024, 21(03), 387–393
Publication history:
Received on 22 January 2024; revised on 29 February 2024; accepted on 02 March 2024
Abstract:
This review paper offers a comparative analysis of ICT entrepreneurship ecosystems in African and U.S. tech hubs, highlighting their structures, challenges, and impacts on local and global markets. It examines the roles of government policies, access to capital, talent pools, and the catalytic effect of tech hubs in fostering innovation and economic growth. The analysis reveals differences in maturity and operational dynamics between the ecosystems, with U.S. tech hubs benefiting from a mature environment of abundant resources, while African hubs display innovation driven by necessity and emerging global interest. The paper contributes theoretical and practical insights for stakeholders and suggests future research directions, including longitudinal studies and the exploration of the role of digital transformation in emerging markets.
Keywords:
ICT entrepreneurship ecosystems; Tech hubs; Innovation; Global markets
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0