الفهرس | Only 14 pages are availabe for public view |
Abstract The approach of Entrepreneurship for achieving economic growth is widely recognized, both by policymakers and economists, in light of the current dynamic forces, such as technological disruption, fluctuating economies, and demographical changes. It is deeply embedded in the current reviews and reforms of the industrial sector policies and procedures where innovation and the independence of entrepreneurs contribute to higher levels of economic activities to respond and comply with the challenges and opportunities that emerged for this international upheaval.[1] However, achieving development, as an important and a basic goal, is conditioned to optimal utilization of all available resources. Human workforces, among other resources, play a vital role in the process of economic development. Thus, the basic purpose of this paper is to examine the relationship between Entrepreneurship as an Opportunity for supporting the Sustainable Development Strategy: Egypt’s vision 2030 and Economic Growth within the Industrial Ecosystem in Egypt, identifying whether the Industrial Ecosystem is currently supporting innovation or not? The study depended on describing, analyzing, and criticizing the existing situation regarding innovation in The Industrial Sector in Germany, Singapore, and UAE, comparing them with the Egyptian industrial sector situation. A qualitative study - through conducting interviews with face-to-face interaction with government officials, private sector members, entrepreneurs, and investors - was, therefore, the best approach that could be taken in order to uncover in detail the real situation within the industrial sector. Furthermore, it was an appropriate choice if one wishes to understand the internal notions, norms, and traditions affecting the conditions and an environment suited to innovation. Contrary to what has often been assumed, Egypt needs 10 million jobs a year and global data shows that it is startups, not large enterprises that create net new jobs in any country. Startups are also the centers of innovation and are a great way to enhance employment creation in the economy. However, a more important aspect is the technological enhancement they bring to the country. Startups involve dealing with a new technology that generally lies at the highest end of the value addition chain. |