Current Trends and Challenges of Startups & Ecosystem in Lebanon: SWOT Analysis
Abbas Issa1, Bilal Jibaii2
1Abbas Issa, Ph.D. Student, International University of Beirut, Lebanon. Bucharest University of Economic Studies, Romania.
2Bilal Jibaii, Department of Management Information Systems, International University of Beirut, Lebanon.
Manuscript received on 27 June 2019 | Revised Manuscript received on 10 July 2019 | Manuscript Published on 17 July 2019 | PP: 523-527 | Volume-8 Issue-2S July 2019 | Retrieval Number: B10790782S19/2019©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: During the previous year Lebanon has witnessed a rapid development in knowledge and tech economies. The latest developments and challenges in the ecosystems have increased the rank of Lebanon to be a tech gate way of the Middle East. This paper highlights the current state of startups in Lebanon and analyzes the secondary data of previous literature to develop a SWOT analysis matrix. Entrepreneurs and startup innovators can benefit from this study to understand the strengths, weakness, opportunities, and threats of the Lebanese ecosystem. Future studies can extend the literature and illustrate by providing more evidence in term of startups’ funding, knowledge economy, and tech infrastructure.
Keywords: Startups, Ecosystems, Accelerator, Circular 331, Lebanon, ICT.
Scope of the Article: Open Source: Challenges and Opportunities