Strategıc Innovatıon Management And Sustaınable Entrepreneurshıp Of Saudı Arabıa In 2021-2022-2023: Regression Analysis Of Entrepreneurship Conditions (Efcs) On Gem Database

Abstract

Entrepreneurship has a vital effects on society, wealth, economy and human well-being. An entrepreneur is an important driver of economic development. Entrepreneurship not only take advantage of opportunities and advantages but also stimulate productivity and increase employment rates, develop the fundamental innovation required to find solutions to social and environmental global problems and necessities determined as UN Sustainable Development Goals (SDGs).

Due to increasing problems and needs, governments and all stakeholders in the ecosystem need a structure that encourages more sustainable entrepreneurial innovations and regulates entrepreneurial ecosystems around the world. In order to perfectly structure this structure and the systems connected to this structure on earth, more and more realistic, error-free and reliable data is needed. In order to achieve successful sustainable innovations, the dynamics, deficiencies, etc. of the entrepreneurship ecosystem. The entire picture containing the information must be drawn correctly and will correct the deficiencies and fill in the deficiencies in the picture; In short, every detail, flow, etc. in the entrepreneurship ecosystem. Strategies that will take it to the optimum level should be developed. Support and incentive mechanisms should be planned to motivate new entrepreneurs who act in line with these strategies.

In this regard, in this study, the Global Entrepreneurship Monitor (GEM), which provides access to every basic information about the entrepreneurship ecosystem of each actor in the entrepreneurship ecosystem in the most accurate way and has been publishing annual reports containing information about the entrepreneurship ecosystems of countries around the world for 25 years and collecting its data directly from entrepreneurs and experts, is based on its data. has been used. The study used data for the years 2021-2022-2023 from Saudi Arabia, the country that gained the most remarkable rapid development momentum in the report in question and managed to be among the top three countries in the report with all its advanced entrepreneurship factors.

In this study, these four different independent variables are; It was determined as entrepreneurial motivation, advanced technological resource supply, access to technical experts and cooperation with stakeholders. These independent variables, which are thought to affect the dependent variable "the tendency of new entrepreneurs to develop sustainable innovation"; “Do entrepreneur motivation, advanced technological sourcing, access to technical experts and collaboration with stakeholders contribute to the tendency of startup entrepreneurs to develop sustainable innovation?” tested with the research question.