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Nurbina
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Economics, Econometrics & Finance Education

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The Role Of Start-Ups In Driving Global Economic Growth Nurbina; Imaduddin; Ramlawati
Nomico Vol. 2 No. 4 (2025): Nomico - May
Publisher : PT. Anagata Sembagi Education

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62872/9vmh9n72

Abstract

This study aims to analyse the role of start-ups in driving global economic growth using a quantitative approach. Start-ups, as innovative business actors, are considered capable of increasing productivity, creating new employment opportunities, and accelerating the adoption of digital technology, all of which have a positive impact on national economies. The research also examines the role of venture capital as a crucial funding source that supports the development of start-ups, as well as the influence of digitalisation as a key driver in market expansion and operational efficiency. Moreover, this study explores the differences in start-up contributions between developed and developing countries, which are influenced by infrastructure, policy frameworks, and the quality of human resources. The findings reveal that a supportive ecosystem—such as government policies and the availability of capital—is essential to maximise the contribution of start-ups towards inclusive and sustainable economic growth. This research provides strategic recommendations for policymakers to strengthen the start-up ecosystem in order to face global economic competition.
Co-Authors Imaduddin Ramlawati