A new approach to developing startups in Algeria through university engagement: an examination of the implementation of Ministerial Decision no. 1275 at Annaba University and The Higher School of Management Sciences (ESSG)
In 2023, startups in Algeria witnessed significant development, making them a promising sector for diversifying the Algerian economy and reducing dependence on hydrocarbons. This progress is due to various measures taken by the government, including the issuance of laws and regulations to support an...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Zaporizhzhia National University
2024-10-01
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| Series: | Менеджмент та підприємництво: тренди розвитку |
| Subjects: | |
| Online Access: | https://management-journal.org.ua/index.php/journal/article/view/531/286 |
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| Summary: | In 2023, startups in Algeria witnessed significant development, making them a promising sector for diversifying the Algerian economy and reducing dependence on hydrocarbons. This progress is due to various measures taken by the government, including the issuance of laws and regulations to support and accompany startups, the creation of electronic platforms for registering, protecting, and providing technical support to these enterprises, and the establishment of specific funding sources for startups. Within this framework, the Algerian Ministry of Higher Education and Scientific Research (MESRS) has outlined a special program to contribute to this new direction by involving universities in supporting the creation of startups through Ministerial Decision No. 1275. This study aims to analyze and evaluate this new initiative adopted by the Ministry of Higher Education by examining several startup projects initiated by students as part of their graduation thesis discussions at the Faculty of Economic, Commercial, and Management Sciences (FSECSG) at Annaba University and the Higher School of Management Sciences (ESSG) in Annaba. The study concludes that this new vision adopted by the Ministry of Higher Education has several positive aspects that should be valued, including: supporting the linkage of Algerian universities with their socio-economic environment, supporting the local economy, and enhancing the level of Algerian universities. However, this new approach also has several weaknesses and negative points that need solutions, such as the lack of consideration in many startup projects for key aspects like SWOT analysis, legal aspects, and innovation. Additionally, the experience is generally new, resulting in a lack of an encouraging ecosystem for startups in Algeria. |
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| ISSN: | 2522-1566 |