Creative entrepreneurship and FDI in Egypt: an empirical illustration from the ICT sector

Roberta Apa, Dina M. Mansour and Silvia Rita Sedita ()

Chapter 15 in Creative Industries and Entrepreneurship, 2018, pp 302-322 from Edward Elgar Publishing

Abstract: This chapter explores if creative entrepreneurship in emerging market economies plays a relevant role in the attraction of foreign direct investments (FDI), thus generating the opportunity for economic and social growth. The chapter aims to deepen this important, but still understudied aspect of the economic growth potential of creative industries, using Egypt and the ICT sector as the empirical setting. The analysis of data using the fDi Database and Zephyr on greenfield investments and mergers and acquisitions confirm the relevance of the phenomenon. Moreover, three empirical illustrations allowed the identification of three ideal-types, represented by the three cases selected for the analysis: (1) a start-up that attracted foreign venture capital investments from Silicon Valley (the case of Wuzzuf); (2) a start-up that attracted foreign companies’ investments from Silicon Valley (the case of SysDSoft); (3) a start-up that attracted foreign and local investments from risk capital players (the case of Fawry).

Keywords: Business and Management; Economics and Finance; Urban and Regional Studies (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781786435910/9781786435910.00023.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:17589_15

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().