Examining The Influence Of Venture Capital Investment On Developing Economies' Entrepreneurial Systems By Incorporating Innovation Ecosystem
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Abstract
In the dynamic era of entrepreneurship, venture capital (VC) investments play a pivotal role, particularly in developing economies. This study addresses the critical research problem of understanding the significance of VC for start-ups and entrepreneurial organizations in emerging markets. VC serves as a catalyst for growth, providing financial resources, strategic guidance, and invaluable industry networks. The objective of this study is to comprehensively examine the impact of VC investments on entrepreneurial systems in developing countries, emphasizing the integration of innovative ecosystems. The study's key findings illuminate the nuanced relationship between venture capital and entrepreneurial eras, offering insights that can inform policies, guide investment strategies, and contribute to the academic discourse on entrepreneurship in emerging markets. The implications of these findings extend to broader impacts on economic development, job creation, and the advancement of innovative practices in these dynamic regions