Tech Start-up Ecosystem in Beirut : Findings and Recommendations

Technology is one of the main drivers of productivity and economic growth. Developing countries have traditionally had difficulties in both developing technology and absorbing foreign technology. However, the recent emergence of tech startups prese...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/702081504876957236/Tech-start-up-ecosystem-in-Beirut-findings-and-recommendations
http://hdl.handle.net/10986/28458
id okr-10986-28458
recordtype oai_dc
spelling okr-10986-284582021-05-25T09:56:11Z Tech Start-up Ecosystem in Beirut : Findings and Recommendations World Bank TECHNOLOGY INDUSTRY BUSINESS ENVIRONMENT REGULATION ENTREPRENEURSHIP SKILLS GAP INVESTMENT CLIMATE Technology is one of the main drivers of productivity and economic growth. Developing countries have traditionally had difficulties in both developing technology and absorbing foreign technology. However, the recent emergence of tech startups present an opportunity. Tech start-ups are an effective a mechanism to both create local technology and absorb foreign technology. The objective of this report is to provide a better understanding of the status of Beirut’s start-up ecosystem and provide policy recommendations for policy makers and other stakeholders who are interested in supporting the growth and sustainability of the ecosystem. The report is based on an in-depth survey of startups and supportive stakeholders of the ecosystem. The findings point out to an early-to middle stage start-up ecosystem that has passed its nascent growth phase but is still far from maturity. Skills, supportive infrastructure, finance pipeline, and community and networks are examined and gaps are identified. Policy recommendations to tackle these gaps are presented based on international practices. 2017-10-05T18:59:17Z 2017-10-05T18:59:17Z 2017-09-08 Report http://documents.worldbank.org/curated/en/702081504876957236/Tech-start-up-ecosystem-in-Beirut-findings-and-recommendations http://hdl.handle.net/10986/28458 English en_US CC BY-NC 3.0 IGO http://creativecommons.org/licenses/by-nc/3.0/igo World Bank Washington, DC Economic & Sector Work :: City Development Strategy Economic & Sector Work Middle East and North Africa Lebanon
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TECHNOLOGY INDUSTRY
BUSINESS ENVIRONMENT
REGULATION
ENTREPRENEURSHIP
SKILLS GAP
INVESTMENT CLIMATE
spellingShingle TECHNOLOGY INDUSTRY
BUSINESS ENVIRONMENT
REGULATION
ENTREPRENEURSHIP
SKILLS GAP
INVESTMENT CLIMATE
World Bank
Tech Start-up Ecosystem in Beirut : Findings and Recommendations
geographic_facet Middle East and North Africa
Lebanon
description Technology is one of the main drivers of productivity and economic growth. Developing countries have traditionally had difficulties in both developing technology and absorbing foreign technology. However, the recent emergence of tech startups present an opportunity. Tech start-ups are an effective a mechanism to both create local technology and absorb foreign technology. The objective of this report is to provide a better understanding of the status of Beirut’s start-up ecosystem and provide policy recommendations for policy makers and other stakeholders who are interested in supporting the growth and sustainability of the ecosystem. The report is based on an in-depth survey of startups and supportive stakeholders of the ecosystem. The findings point out to an early-to middle stage start-up ecosystem that has passed its nascent growth phase but is still far from maturity. Skills, supportive infrastructure, finance pipeline, and community and networks are examined and gaps are identified. Policy recommendations to tackle these gaps are presented based on international practices.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Tech Start-up Ecosystem in Beirut : Findings and Recommendations
title_short Tech Start-up Ecosystem in Beirut : Findings and Recommendations
title_full Tech Start-up Ecosystem in Beirut : Findings and Recommendations
title_fullStr Tech Start-up Ecosystem in Beirut : Findings and Recommendations
title_full_unstemmed Tech Start-up Ecosystem in Beirut : Findings and Recommendations
title_sort tech start-up ecosystem in beirut : findings and recommendations
publisher Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/702081504876957236/Tech-start-up-ecosystem-in-Beirut-findings-and-recommendations
http://hdl.handle.net/10986/28458
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