Seeds of Change: Nurturing Entrepreneurial Ecosystems for Sustainable Enterprises in Lebanon and Jordan

Abstract

This study investigates how entrepreneurial inputs and regulatory environments affect the evolution of Lebanese and Jordanian entrepreneurial ecosystems (EE). We attempted to understand how these ecosystems work by focusing on the input configurations that trigger entrepreneurship and how these regulatory environments have been formed. The researchers tested the theoretical model using structural equation modelling (SEM) to investigate EE as a relative construct and the interrelationship between the different factors that impact such systems. This data collection method built a base for a comparative study based on 300 respondents from each country, using Google Forms. These results indicated a strong positive relationship among finance, networks, economic policy stability, innovation, and EE in Lebanon and Jordan. This can give entrepreneurs financial support, social networks, and economic stability to help them thrive and innovate. For further research, a comparative analysis with other regions could underscore the importance of EE in both countries and offer a more comprehensive global perspective for interpreting these ecosystems. This study adds to the literature on Lebanese and Jordanian entrepreneurship by potentially influencing the future development of EE in these countries.