아프리카ㆍ중동
연구정보
[경제] Disruptive Technologies and Finance : An Analysis of Digital Startups in Africa
아프리카ㆍ 중동 일반 국외연구자료 연구보고서 - World Bank 발간일 : 2023-12-07 등록일 : 2023-12-10 원문링크
This paper investigates the relationship between disruptive technologies and access to finance for digital tech firms in Africa. Through textual analysis of data from Crunchbase and Pitchbook, the study explores how firms across different age cohorts incorporate disruptive technologies into their offerings in e-commerce, fintech, and information technology services. It uses this information to examine the association between this incorporation process and the likelihood and amount of funding received by these firms. The findings reveal three key insights for African digital tech startups. First, these startups are less likely to incorporate disruptive technologies into their offerings compared to their Latin American and advanced market counterparts, except for mobile payments. Second, the link between disruptiveness and funding is weaker in Africa. These results hold when excluding mobile payments and addressing potential endogeneity using instrumental variables. Third, firms that do incorporate disruptive technologies tend to secure funding earlier, with lower initial amounts, but are more likely to succeed in terms of exit or valuation growth.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | [경제] Revenue Statistics in Africa 2023 | 2023-11-03 |
|---|---|---|
| 다음글 | [경제] Banking in Africa : Opportunities and Challenges in Volatile Times | 2023-12-17 |
