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Tech startup ecosystem in West Bank and Gaza : findings and recommendations (English)

Technology is one of the main drivers of productivity and economic growth. Developing countries have traditionally had difficulties in both developing technology and absorbing foreign technology. However, the recent emergence of tech startups present an opportunity. Tech start-ups are an effective a mechanism to both create local technology and absorb foreign technology. The objective of this report is to provide a better understanding of the status of start-up ecosystem in West Bank and Gaza, and provide policy recommendations for policy makers and other stakeholders who are interested in supporting the growth and sustainability of the ecosystem. The report is based on an in-depth survey of startups and supportive stakeholders of the ecosystem. The findings point out to an early stage start-up that is maturing. Skills, supportive infrastructure, finance pipeline, and community and networks are examined and gaps are identified. Policy recommendations to tackle these gaps are presented based on international practices.

Details

  • Document Date

    2018/05/01

  • Document Type

    Working Paper

  • Report Number

    126144

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    West Bank and Gaza,

  • Disclosure Date

    2018/05/11

  • Disclosure Status

    Disclosed

  • Doc Name

    Tech startup ecosystem in West Bank and Gaza : findings and recommendations

  • Keywords

    level of policy; information and communication technology; small and medium enterprise; early stage of development; access to employment opportunity; gender gap in education; Levels of Educational Attainment; early stage finance; density of connections; early stage financing; participation of female; number of stakeholders; terms of education; Early Stage Funding; matching grant program; access to loan; learning by doing; skill training programs; business plan competition; access to fund; early stage investment; regional growth rate; degree in science; due diligence requirement; entrepreneur; support infrastructure; business acumen; angel investor; network asset; female entrepreneur; gap analysis; university degree; international connections; seed funding; business experience; work experience; support for entrepreneur; average age; foreign technology; survey methodology; investment measure; limited information; female empowerment; public funding; external resource; market rate; private capital; job growth; institutional investor; focus group; transfer mechanism; investment amount; access network; subject area; equity financing; smart money; connected market; social connectivity; management experience; professional experience; employment data; sustainable investment; local partner; industry knowledge; associate degree; practical knowledge; demand-side factor; private fund; youth unemployment; competitive service; survey research; business environment; skilled woman; multiple dimension; medium-sized enterprise; angel network; personal capacity; investment fund; business service; small sample; Global Programs; global technology; survivorship bias; research initiative; increased access; internal dynamic; international network; international community; public action; data availability; community value; international university; research purposes; graduate degree; productivity gap; international connectivity; global trend; fab labs; building resource; Female Entrepreneurship; anecdotal evidence; entrepreneurial skill; Job Creation; international hub; entrepreneurial capacity; seed capital; environmental issue; network activity; matchmaking service; educated population; traditional sector; public offering; public education; private investment; Technical Training; collaborative work; technological component; financial model; arab communities; survey questions; pipeline investment; historical data; market needs; external funding; local technology; grant financing; business skill; positive impact; business venture; education experience; previous work

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Citation

Tech startup ecosystem in West Bank and Gaza : findings and recommendations (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/715581526049753145/Tech-startup-ecosystem-in-West-Bank-and-Gaza-findings-and-recommendations