Nomico
Vol. 2 No. 4 (2025): Nomico - May

The Role Of Start-Ups In Driving Global Economic Growth

Nurbina (Universitas Muslim Indonesia)
Imaduddin (Universitas Muslim Indonesia)
Ramlawati (Universitas Muslim Indonesia)



Article Info

Publish Date
31 May 2025

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.

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Journal Info

Abbrev

NJ

Publisher

Subject

Economics, Econometrics & Finance

Description

The journal publishes original articles on current issues and trends occurring internationally in accounting, financial accounting, public sector accounting, auditing, economics, economics education, development economics, economic statistics, monetary economics, international economics, ...