Anticipating Success or Failure: A Comprehensive Analysis of Entrepreneurship Factors using Machine Learning Predictive Models

The research, a pioneering effort in Morocco, explores the intricate elements driving new startups' viability using AI models. It employs a range of advanced techniques such as decision trees, random forests, logistic regression, support vector machine (SMV), ensemble techniques, and neural networks. The study uncovers unique perspectives on the complex interplay between internal variables like human capital, strategic planning, and internal bureaucracy and external factors like government support, mentorship, and competition that shape entrepreneurship performance. The findings, which reveal a dual and unexpected influence of internal bureaucracy and a multifaceted contribution of human capital, are particularly relevant in the dynamic startup landscape. Mentorship and financial resources emerge as critical contributors to startups’ success. This review, the first of its kind in Morocco, offers special insights into the factors influencing entrepreneurial success. The discoveries have the potential to revolutionize our understanding of how organizations operate in Morocco and their significant implications for enterprising undertakings, providing a practical guide for startups in the region.

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Publication Details

Journal
Journal of Ecohumanism
Published
2024-09-16
DOI
https://doi.org/10.62754/joe.v3i6.4058
Citations
1
Primary Topic
Business and Economic Development
Type
article
Field-Weighted Citation Impact
0.71
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article

Anticipating Success or Failure: A Comprehensive Analysis of Entrepreneurship Factors using Machine Learning Predictive Models

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1 citations
Journal of Ecohumanism
Business and Economic Development
0.71
article

Anticipating Success or Failure: A Comprehensive Analysis of Entrepreneurship Factors using Machine Learning Predictive Models

Turki Al Masaeid, Agata Stachowicz-Stanusch, Rachid Alami, Karamath Ateeq, Hasnan Baber, Sugandha Agarwal
article en
1 citations

Abstract

The research, a pioneering effort in Morocco, explores the intricate elements driving new startups' viability using AI models. It employs a range of advanced techniques such as decision trees, random forests, logistic regression, support vector machine (SMV), ensemble techniques, and neural networks. The study uncovers unique perspectives on the complex interplay between internal variables like human capital, strategic planning, and internal bureaucracy and external factors like government support, mentorship, and competition that shape entrepreneurship performance. The findings, which reveal a dual and unexpected influence of internal bureaucracy and a multifaceted contribution of human capital, are particularly relevant in the dynamic startup landscape. Mentorship and financial resources emerge as critical contributors to startups’ success. This review, the first of its kind in Morocco, offers special insights into the factors influencing entrepreneurial success. The discoveries have the potential to revolutionize our understanding of how organizations operate in Morocco and their significant implications for enterprising undertakings, providing a practical guide for startups in the region.

Journal of EcohumanismVol. 3(6)
Abu Dhabi University (AE), Canadian University of Dubai (AE), American University of Sharjah (AE), Skyline University College (AE), Emirates Foundation (AE)
Decent work and economic growth
Openalex Percentile: Top 22%
Business and Economic Development
0.71
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