Year: 2025
Type: article
Study design: Systematic Review
Abstract: This study aims to establish a comprehensive definition of digital startups and identify key actors and factors influencing startup growth in emerging markets. Using a systematic literature review method, this research analyzes relevant literature concerning digital startups in developing countries. The results indicate that digital startups are defined as companies leveraging digital technologies to create innovative products or services, often with scalable business models. In emerging markets, governments, investors, incubators, and accelerators play critical roles in supporting the startup ecosystem. Additionally, economic factors such as access to capital, technological infrastructure, and political regulations significantly impact the growth of startups in these countries. Startups in emerging markets face unique challenges, such as limited infrastructure and regulatory instability, but they hold immense potential for contributing to economic growth and social inclusion. This study provides a comprehensive overview of the dynamics of digital startups in developing nations and offers insights for developing the startup ecosystem in these regions.
Author: Dr. Abdan Syakuro Lubis
Institution: University of Indonesia
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4410245886