Challenges of Digital Entrepreneurship on Development of Africa

DOI

10.2991/978-94-6463-178-4_22How to use a DOI?

Keywords

Digital Entrepreneurship; Development; Technology; Africa

Abstract

There is no doubt about the fact that the globe is turning toward digitalization in all aspects of activities and businesses, which affects the development of countries. The recent thriving in technological development and advancement has opened various opportunities for entrepreneurs, thereby making digital entrepreneurship become a contemporary topic. Since majority of the countries in Africa are still developing, digital entrepreneurship should be seen as an essential tool towards positive economic development. However, it is easier said than done. Hence, this paper aims to explore the challenges of digital entrepreneurs in Africa and how these challenges affect its development. The top three biggest economies in Africa were selected (Nigeria, Egypt, and South Africa) using data between 1992 to 2021 (30 years). Gross Domestic Product was used to measure the development, while the explanatory variables were measured using patent application, trademark application, secured internet access, mobile subscription, and access to electricity. The data were analyzed using regression analysis by EViews, and the findings show a significant relationship between the development of a country and technology. This implies that the inadequate technological facility in African countries hinders the development of digital entrepreneurship and hence affects development .

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Aishatu Usman Muhammad
AU  - Murni Yusoff
PY  - 2023
DA  - 2023/05/16
TI  - Challenges of Digital Entrepreneurship on Development of Africa
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2022)
PB  - Atlantis Press
SP  - 214
EP  - 223
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-178-4_22
DO  - 10.2991/978-94-6463-178-4_22
ID  - Muhammad2023
ER  -