Entrepreneurship and innovation in the digital age

This research investigates the impact of various factors on entrepreneurship development, focusing on the correlation between technological advancement, strategies, creativity and innovation, resources, and government/management support. The study found that technology advancement and strategies significantly contribute to entrepreneurship development and economic growth, while resources negatively impact this development. The findings highlight the importance of considering critical factors that either propel or hinder entrepreneurship development, emphasizing the need for policy support and a comprehensive framework. Recommendations include embracing the Schumpeterian concept of innovation and incorporating government/management support, resources, and culture for economic success. The study also suggests future research to explore additional variables such as culture. The implications stress the necessity of integrating innovation theory in economic agendas to foster creativity and enhance entrepreneurship globally. Robust regression methods and ANOVA tests were used to validate the findings, underscoring the importance of government policy, resources, and strategy in entrepreneurship development.